[United States-Great Britain Commerce]:

$2,000 · Offered by William Reese Company · No longer available

LOOSE MEMO. RESPECT[ING] AMERICAN COMMERCE [manuscript title]. An interesting but unattributed and apparently unpublished manuscript essay, with a caption title reading: "Loose Memo. Respectg. American Commerce." The gist of the memo is set forth in the first sentence: "The Americans are at all times the best customers of G.B. - in peace they take 1/3 of her manufactured exports - in War much more...." In addition to the eager American market for British goods, the author notes that British goods are often trans-shipped via America to other markets where Great Britain would not normally have access, thanks to America's neutral status: "...you have only to change the name of the manufacturer & the wants of the Colonists will shut their eyes on the origin of the fabric. I have known Liverpool ware, ornamented with the Portrait of Geo. III, passed as German manufactures."The author notes that, while the understandable economic downturn during the Revolution and for several years after the "peace of '83" resulted in some problematic credit relations between the U.S. and the British market, much has changed. "The industry & the enterprise of our countrymen (aided no doubt by the enjoyment of a neutral position) has enabled them to throw off their dependence on the British merchant or manufacturer. They now have a sufficient capital of their own, and a very important proportion of their imports are now paid for in ready money, or in bills at short sight." The author explains that A

Found via Rare Books Intel, a search across rare-book dealers, auction houses and marketplaces worldwide.