ABSTRACT

A survey of Portuguese trade by an English merchant in 1729, explained that corn brought to Portugal from the Levant, Italy and Barbary amounted to 100,000 moyos and was valued at £495,000. Tyrawley, said that the Portuguese were very sensible of the fact that they were thriving because of British trade, and therefore he considered it would be wiser to let matters stand as they were and not to press for an alteration of the law. Hort also considered that Britain should insist on the Portuguese purchasing at least one third of the goods manufactured from the Brazilian cotton. In return, Portugal chiefly exported Brazilian products and some African and Asian goods. Most of the trading carried on by Englishmen in Portugal with the Mediterranean was done in English or British owned ships and some North American colonial vessels. Portugal was also an important market for North American colonial products, cod, grains and staves.