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History of the State of New York, Vol. I (1609-1691)

Brodhead, John Romeyn. History of the State of New York, Vol. I (1609-1691). New York: Harper & Brothers, 1853. 299 words

In order to contrive a middle course herein, it is submitted, whether the business could not be so regulated that the slave staple be provisionally established at Brazil, so that all private traders from Angola must first touch there, without being able to go directly elsewhere ; expose the slaves to sale at the Recifl^, or barter them with the Seigniors of the Plantations (Ingenios) and not be at liberty to export them so long as each slave, one with another, is worth twenty milreas or one hundred and fifty guilders cash, or so much more or less as the traders might with a reasonable profit be able to obtainacting thus, traders would, in the first place, have ;

no inducement to enhance the market for slaves in Angola relying upon what tiiey should be able to sell them for in Brazil ; secondly, the inhabitants of Brazil would not be imposed on in the price, especially if such order were made in Brazil that Jobbers and Jews, who buy up the slaves for cash, should not sell thera on credit at a higher rate than one per cent a month, the slaves being hypothecated to them for the full amount. But whenever Brazil is supplied with slaves, or otherwise has no need of them, the remainder might be allowed, with the permission of the supreme government there, and on paying a reasonable toll, to be exported farther. By this means the slave trade which hath so long lain dormant, to the great damage of the Company, might by degrees be again revived ; Angola, independent of the Company's supplies, would be somewhat assisted by the trade of individual merchants ; the country be cultivated by freemen, who will settle there for the purpose of raising provisions and necessaries,