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The Franco-Spanish Financial Crisis

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At Spes non Fracta
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Abstract

On 10th May 1805, just two days after Ouvrard had left Amsterdam, Labouchère wrote to Sir Francis Baring concerning the Spanish American operation. It was of the utmost importance that neutral vessels should be adequately protected against arrest by English cruisers, and subsequent confiscation, when carrying piastres and colonial produce from Spanish America to England or an English colony, and on the return voyage British produce.

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References

Chapter Ten Page 295

  1. Letters of 10th and 11th May 1805 from P.C.Labouchère, Amsterdam, to Sir Francis Baring, London. also: Bruchey, Robert Oliver, 274-275. Philip G. Walters and Raymond Walters Jr., ‘The American Career of David Parish,’ The Journal of Economic History, IV, 1944, 151, note 4.

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  2. Supra, 294, note 2.

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Page 296

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  2. Nolte, Fünfzig Jahre, 87-88. Letters of 20th and 29th May 1805 from F. Ouvrard & Co., Paris, to Hope & Co., Amsterdam. Letter of 27th May 1805 from D. Parish, Antwerp, to P.C.Labouchère, Amsterdam.

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Page 297

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Page 298

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Page 300

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  2. Letter of 4th October 1805 to W.Boyd, Paris, A IV, 17. Both the ‘plan’ for the loan and the advertisement held out a prospect that bonds of the Croese conversion loan which had matured on 1st September would be accepted as payment up to a total of 600,000 guilders; 4½ % bonds of the Hope loan of 1793, which had matured on 1st November 1806, up to a total of 600,000 guilders; and the remaining bonds of this loan, which were due for redemption on 1st November 1807, also up to a total of 600,000 guilders. Letter of 4th November 1806 to Vanlerberghe & Ouvrard, Paris, A IV, 62.

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Page 301

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Page 303

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Page 304

  1. Letter of late January 1806 from Hope & Co., Amsterdam, to Baring Brothers & Co., London.

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  2. Ibid.

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  3. Ibid.

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Page 305

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Page 306

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Page 307

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  2. Ibid., 51, 59.

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  3. Ibid., 55.

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Page 308

  1. Ibid., 57, 58.

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  2. Letter of 10th May 1806 from Desprez, Paris, to Hope & Co., Amsterdam.

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Page 309

  1. Letter of 29th May 1806 to Michel Simons, Amsterdam, A IV, 194. Letter of 29th May 1806 to Baguenault & Co., Paris, A IV, 201.

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© 1974 Martinus Nijhoff, The Hague, Netherlands

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Buist, M.G. (1974). The Franco-Spanish Financial Crisis. In: At Spes non Fracta. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-8858-6_10

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  • DOI: https://doi.org/10.1007/978-94-011-8858-6_10

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