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(185) next ››› [Page 168][Page 168]Chapter 3 -- Debt and devolution, 1763-1764

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CRISIS AND RECOVERY, 1753-1763
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thereby saved this Company in particular a charge of about £250 per annum
but this has been attended with so much bad humour to myself and hurt
otherwise to the Company. At the same time I had set about the improvement,
I had laid my plan for procurring from Germany their account of preparing
their yams for loom either for sale or in the piece brown or when bleached.
This I have procurred at some expence and the hazard of paying more. I am
therefore resolved to stop short until I am repaid my charges at least and be
satisfied that no evil will come at me from some unforeseen quarter as a return
for either my application of time or moneys spent in trying to improve the
manufactures. At almost every meeting for this long time past something or
other has been said amongst the Directors of the apparently unprofitable trade
that has hitherto been carried on with London and sundry propositions have
been talked over as to amending it for the future, the enclosed memorandum
will show you what is the most approved sentiments hitherto on that subject.
And it gready concerns the well being of the Company to have their trade
with London put on a more established and sure footing.
To Tod & Anderson, London
30 December 1762
I have no more Osnabriggs at present of either brown or white than what you
have by this fleet, and designed for Mr Beckford, as to Navy linens there are
but few of them and mosdy all bespoke for customen here.
Mr George Young at Coupar Angus has been here these some days by past
setding his accounts with the Company on their concerns in joint purchases
and as the loss on sales for 1761 has been so considerable he desired and has
obtained leave to be quit of his joint concerns for the goods of anno account
1762.

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