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

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. 311 words

Loss experienced And then all the goods are again removed to the public store, broken open, bv the depreciation ohhe goods. , iii -i examined, remeasured, unpacked, thrown aside and damaged in a way that 'tis i, ,• <.. painful to behold. Frequently they are also detained so long that the best season for selling or trading them off" is lost. When, then, they are sold and returns come to Fatherland, such returns must again remain a long time in the public store, and convoy must be paid. All

The dut adds 60 ^'^'^ cxpeuse. Salvage and duty, the merchants include in the capital; were percent. j[^gy rgijeved thereof, they would be able to sell their goods fifty per cent cheaper. This duty J' in Fatherland J in New Netherland, but all 4. J is paid, partly, V V ; ' partly f ' The dnfTi« raid to ^

their offiTrs"'^ "' ^°^ ^^^ Company's benefit, and to it and its officers, without bearing in any way the expenses which accrue there, and the people make good.

Who pays this duty. Having stated how much duty is paid, and to whom, and where the charges are paid, 'twill The merchants do P^*^ ^^ foreign to add who they are who pay it. The Company will say, the not pay ute duty. merchants pay it, but we, under correction, are of a diff"erent opinion.

HOLLAND DOCUMENTS : V. 373

2. 'Tis very true that the Company receives the money from the traders; yet it cannot be said to pay it out of its pocket. But here must be considered that the disbursements of How the mercharis duty, the Cartage to and from the public store, tlie abovementioned loss of time, cap'W- and other troubles, are computed by the merchants and skippers as capital, the same as the prime cost of the goods.