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_ 9_d._ which is its utmost value in silver at the Mint, nor
probably above 1_s._ 5_d._ With this certain loss before their eyes, it
is impossible that they can ever complete their subscription, unless, by
management among themselves, they should be able to procure the goods
for their own account upon other terms than those on which they
purchased them for their masters, or unless they have for the supply of
the Company on their hands a quantity of goods which they cannot
otherwise dispose of. This latter case is not very improbable, from
their proposing to send ten sixteenths of the whole investment in
silk,--which, as will be seen hereafter, the Company has prohibited to
be sent on their account, as a disadvantageous article. Nothing but the
servants being overloaded can rationally account for their choice of so
great a proportion of so dubious a commodity.
On the state made by two reports of a committee of the General Court in
1782, their affairs were even then reduced to a low ebb. But under the
arrangement announced by Mr.


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