ABSTRACT
Portuguese revolt against English influence — Question of brokers—Revival of Portuguese industry—Effect of the Sumptuary Laws (1749-58) — Ministry of Pombal — His hostility to the English factories—Export of bullion—Establishment of the Junta do Commercio — Decline of power of the English Conservador—Valuation of goods—Additional duties—State of Anglo-Portuguese trade—Establishment of Exclusive companies—Wine trade—Its fluctuations and decay—Constitution, duties, and powers of the Companies of the Wines of the Alto Douro—English complaints—Combination of the English merchants against the Company in 1785—Weakness of the Portuguese government—Increase of the wine trade—Decay of the Oporto factory—Effect of the American war on Anglo-Portuguese trade—Diminution of exports from England—Alienation between England and Portugal—Adam Smith on the Methuen Treaty—The French Commercial Treaty of 1786.
