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Trade Scheme Shows Partial Success and Heavy Costs
The Historical Register notes that from 1727 to 1729 over 38,000 goods were exported to support inland trade and fort maintenance, with sea costs above 10,000. Credit-based outsets and poor returns from Africa strained finances, but 82,7397.115.4d from Trust Stock sales and profits from the Negro trade offered relief. By 1739 the scheme had some success with gold and ivory profits, though still short of covering all charges and needing larger shipments and slaves to yield a surplus.
MENTIONED IN THIS ARTICLE
Africa