Author:
L. M. E. Shaw
Report:
19
Page:
21
Year:
1992
Subject Matter:
Lisbon and OPorto Factory Houses, British Merchants and Ec. Relations
Excerpt:
Article 25 of the 1654 Anglo-Portuguese Treaty concenred the arrangements made to set up a joint Anglo-Portuguese Board in London to consider claims made by English merchants, ship owners and seamen with regard to losses suffered by them as a result of their imprisonment ands confiscation of their property by order of John IV on June2-12 1650. While Blake's fleet patrolled the coast of Portugal, food supplies in Lisbon dwindled and prices soared. John therefore sent an envoy to England in 1651 and it was agreed that half the custom paid by English merchants should be put aside to cover the losses of Englishmen as a result of the confiscations.
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