[American Negro Slavery by Ulrich Bonnell Phillips]@TWC D-Link book
American Negro Slavery

CHAPTER II
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122, 123.] In the chief ports of the British continental colonies the maritime transporters usually engaged merchants on shore to sell the slaves as occasion permitted, whether by private sale or at auction.

At Charleston these merchants charged a ten per cent commission on slave sales, though their factorage rate was but five per cent.

on other sorts of merchandise; and they had credits of one and two years for the remittance of the proceeds.[48] The following advertisement, published at Charleston in 1785 jointly by Ball, Jennings and Company, and Smiths, DeSaussure and Darrell is typical of the factors' announcements: "GOLD COAST NEGROES.

On Thursday, the 17th of March instant, will be exposed to public sale near the Exchange (if not before disposed of by private contract) the remainder of the cargo of negroes imported in the ship _Success_, Captain John Conner, consisting chiefly of likely young boys and girls in good health, and having been here through the winter may be considered in some degree seasoned to this climate.

The conditions of the sale will be credit to the first of January, 1786, on giving bond with approved security where required--the negroes not to be delivered till the terms are complied with."[49] But in such colonies as Virginia where there was no concentration of trade in ports, the ships generally sailed from place to place peddling their slaves, with notice published in advance when practicable.


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