The Merchants May Indeed Sell Their
Own Goods If They Will; But In That Case The Broker Is Equally Intitled
To His Two Per Centum, And The Merchant Must Run His Own Risk Of
Recovering His Money.
This however seldom happens, as the wife,
children, and slaves of the debtor are all liable in payment.
When the
agreed time of payment arrives, if the debt is not cleared, the creditor
may seize the person of the debtor and carry him home to his house, and
if not immediately satisfied, he may take the wife, children, and slaves
of the debtor and sell them. The current money through all Pegu is made
of _ganza_, which is a composition of copper and lead, and which every
one may stamp at his pleasure, as they pass by weight; yet are they
sometimes falsified by putting in too much lead, on which occasions no
one will receive them in payment. As there is no other money current,
you may purchase gold, silver, rubies, musk, and all other things with
this money. Gold and silver, like other commodities, vary in their
price, being sometimes cheaper and sometimes dearer. This _ganza_ money
is reckoned by _byzas_, each _byza_ being 100 _ganzas_, and is worth
about half a ducat of our money, more or less according as gold is cheap
or dear.
When any one goes to Pegu to buy jewels, he will do well to remain there
a whole year; for if he would return by the same ship, he can do very
little to purpose in so short a time. Those who come from San Thome
usually have their goods customed about Christmas, after which they must
sell their goods, giving credit for a month or two, and the ships depart
about the beginning of March. The merchants of San Thome generally take
payment for their goods in gold and silver, which are always plentiful
in Pegu. Eight or ten days before their departure they are satisfied for
their goods. They may indeed have rubies in payment, but they make no
account of them. Such as propose to winter in the country ought to
stipulate in selling their goods for payment in two or three months, and
that they are to be paid in so many _ganzas_, not in gold or silver, as
every thing is most advantageously bought and sold by means of this
_ganza_ money. It is needful to specify very precisely both the time of
payment, and in what weight of ganzas they are to be paid, as an
inexperienced person may be much imposed upon both in the weight and
fineness of the _ganza_ money; for the weight rises and falls greatly
from place to place, and he may be likewise deceived by false _ganzas_
or too much alloyed with lead. For this reason, when any one is to
receive payment he ought to have along with him a public weigher of
money, engaged a day or two before he commences that business, whom he
pays two _byzas_ a-month, for which he is bound to make good all your
money and to maintain it good, as he receives it and seals the bags with
his own seal, and when he has collected any considerable sum he causes
it to be delivered to the merchant to whom it belongs.
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