Dublin Gazette in Dublin, Dublin

Trade profits and risks of the Flota and Galleons proposal

A long discussion outlines the proposed additional duty of two percent on returns by the Flotas and Galleons to extend the Affiento Contrato for twelve years. It notes expected profits of about seventy thousand pounds per voyage, argues the policy would benefit the South Sea Company and British commerce, and warns of ship shortages, transport needs, and preparations for an expedition likely to sail by late June.