ABSTRACT
Importance of Brazil trade—Rise of trade in cotton—Diminution of English exports to Portugal—Detail of diminution—Decrease attributed to Brazil companies—Establishment of companies of Grão Para and Maranhão, and of Paraiba and Pernambuco—Their constitution—English protests—Effect of companies on trade—Disputes between English and Pombal — Portuguese privileges in England—Complaints of England in Portugal — Consuls' Reports for 1783-85—English influence lessened — Balance of trade between England and Portugal changing—Balance affected by cotton trade—Development of trade—Great demand for cotton in 1791—Effect of cotton trade on commerce with Lisbon—Balance of trade reversed in 1791—Effect on rate of exchange — Effect on Anglo-Portuguese relations — French Revolution—Attitude of Napoleon—Invasion of Portugal—English intervention—Flight of the House of Braganza to Brazil—Anglo-Portuguese convention of 1807”Conclusion.
