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[Page 3]
of salt except about 300. She had onboard also about 100 Tuns of Beef Wood. The proprietor and the whole Colony flatterd themselves that this first proof of their industry would afford pleasure to their Native Country, and be favorably received, that it did not is to be regretted.
On the arrival of the Lady Barlow in the River Thames in July 1805, Ship & Cargo was seizd by the Officers of the Customs & East India Company, and four months elapsed before the restraint was taken off and then it was to land the Cargo for Exportation, at a time when very little oil was exported. The following statement will shew nearly the loss of the Owners by this measure. Had the Cargo been landed and sold for home Consumption on the first arrival of the Ship it would have sold - nearly as under,
| 260 Tuns Elept. Oil @ £37 per Tun | £ 9620 |
|
| 14.000 Dry Fur Seal Skins @ 6/- ea | 4200 | |
| Beef wood 100 Tons @ £15 per Ton | 1500 | 15.320 |
| Sold at for Exportation nearly | ||
| 260 Tuns Oil - £27 | 7020 | |
| 14000 Seal Skins @ 3/6 | 2450 | |
| Cabinet Wood - £7 | 700 | |
| 10.170 | ||
| Deduct leakage, Decay of Skins, maintenance of the Crew & non employment of the Ship or demorage |
2.000 | 8.170 |
| Loss sustained nearly | £7.150 |
The next Cargo of the Colonists came on freight by the Honduras Packet and consisted of 30.000 salted and 6000 dry Fur Seal Skins belonging to the Colonists and about 10.000 Salted which the Packet had taken in Two Years & a half. The same parties have orderd Insurance is be made on 30.000 more. These will probably come by the Ship Sydney - the Subject of my Memorial to the Honble Privy Council. In this case I expect