Society for the Protection of Trade against fraudulent Bankrupts, Swindlers, &c.
This society was formed in the year 1804, to prevent any flagrant attempts to impose on the honest and unwary, by fraudulent bankrupts and swindlers, and to detect cheats of every description; also to prevent the friends and suspected accomplices of such persons from being appointed assignees or trustees, to the detriment of the creditors at large.
Chamber of Commerce.
In July, 1813, a public meeting was convened, for the purpose of establishing a bond of union among the mercantile interests in this town, under the above title; but at present it does not appear to have made much progress.
The Assay Office
Is situated in Little Cannon-street, where all plate manufactured in this town and its vicinity must be sent, for the purpose of ascertaining the quality of the silver and being stamped with the proper marks, denoting that it is standard, and has paid the proper duties.
Gold and Silver. The quantity of these precious metals consumed in this town and neighbourhood every week is incalculable, and if it could be ascertained would appear incredible; there being in wrought plate about two thousand ounces; but the quantity of silver used in plating of different articles, it is not possible to discover, nor can the quantity of gold used in different manufactories be made known, but it is computed by those who have the best means of obtaining information on the subject, that there are more than one hundred ounces of gold purchased by the gilders every week, which is spread over the articles in such a superficial manner, that not a single ounce of it ever returns to the crucible again. From the same source of information, it is computed that there are more than one thousand ounces of silver used every week, which never reverts back again in its pristine state as silver.
Copper.
There being a great consumption of this article in the different manufactories, a society was formed in the year 1790, under the title of The Birmingham Mining and Copper Company.
Who, having established connexions at Redruth, in Cornwall, and Swansea, in Wales, the copper is brought to this town, and disposed of among the manufacturers, to the mutual advantage of both parties.
In the year 1793, there being a great demand for this article, on account of a national copper coinage, an association was entered into, who stiled themselves The Rose Copper Company,
Who established smelting works at Swansea, in Wales, and principally vend the article in this town.
Trade continuing to increase, a third establishment took place, in 1803, under the name of The Crown Copper Company,
Who erected smelting houses, and render the article in a proper state for sale, at Neath, in Wales.
Envious of other people’s prosperity, a fourth company obtruded itself upon the public, called the Union, who having overstocked the market, disposed of their concern to the other companies, and dissolved itself.