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George Bancroft, History of the United States from the Discovery of the American Continent, Vol. 6, 10th edition. 6 0 Browse Search
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George Bancroft, History of the United States from the Discovery of the American Continent, Vol. 6, 10th edition., Chapter 49: (search)
p. XLIX.} 1773. April. market great quantities imported in the faith that that agreement could not hold. They were able to pay neither their dividends, nor their debts; their stock depreciated nearly one half; and the Government must lose their annual payment of four hundred thousand pounds. The bankruptcies, brought on partly by this means, gave such a shock to credit, as had not been experienced since the South Sea year; and the great manufacturers were sufferers. Compare Franklin to Cushing, to W. Franklin, and to Cooper. The directors came to Parliament with an ample confession of their humbled state, together with entreaties for assistance and relief; and particularly praying that leave might be given to export teas free of all duties to America and to foreign ports. Had such leave been granted in respect of America, it would have been an excellent commercial regulation, as well as have restored a good understanding to every part of the empire. Duke of Grafton's Autobiog
George Bancroft, History of the United States from the Discovery of the American Continent, Vol. 6, 10th edition., Chapter 50: (search)
nday, 13 Sept. 1773; on second page, 1st and 2d column, 962, 2, 1, and 2. Hutchinson to Dartmouth, 23 Sept., 1773. It was not possible to join issue with the King more precisely. The first difficulty to be overcome existed in Boston itself. Cushing, the Speaker, who had received a private letter from Dartmouth, and was lulled into confiding in the noble and generous sentiments of that Minister, advised that for the time the people should bear their grievances. Our natural increase in wealy increasing, until he has obtained such an ascendency as to direct the town of Boston and the House of Representatives, and consequently the Council, just as he pleases. Private Letter of Hutchinson to Lord Dartmouth, 9 Oct. 1773. brought even Cushing to act as one of a select Committee with himself and Heath of Roxbury; and they sent forth a secret Circular, summoning all the Colonies to be prepared to assert their rights, when time and circumstances should give to their claim the surest pr