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Published on: S

1705

The English ship Kent transports 62,700 pounds of tea from Canton, China, to London. In Canton, the merchandise costs 4,700 pounds and is resold in London for a whopping 50,100 pounds. A 1,000% profit! Thus, the English, Dutch, Portuguese, and Spanish ships are emptied of pepper, cinnamon, cloves, and ginger, and reloaded with coffee, tea, and cocoa.