Lisbon and OPorto Factory Houses, British Merchants and Ec. Relations
Since Medieval days Portugal had not been self-sufficient in corn. During the 17th century corn had been imported from England when supplies were plentiful but it was not until the 18th century that the trade became important for British merchants in Lisbon. Problems arose, however, when the British merchants exercised their right to sell retail. They were accused of hoarding, particularly as they refused to sell their corn to the public markets where prices were controlled and where, they said, they had no authority to sell.
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