World Tobacco Reports

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Excerpt from World Tobacco Reports: United States Leaf Tobacco in World MarketsTobacco was one of the first commodities exported from the area now included in the United States. The first record of exports refers to a cargo of pounds forwarded by the settlers of Jamestown, Virginia. This shipment reached the port of London in 1615. The price of tobacco in England was then very high, in 1618, fine Spanish leaf sold at 18 shillings per pound. High prices encouraged the Virginia Company to exploit the tobacco - growing possibilities of its colony, and in 1618 the Company's agent in Virginia was instructed to offer settlers 3 shillings per pound for their best tobacco, and l shilling 6 pence per pound for second quality. These prices were effective in stimulating production, and pounds of tobacco from.virginia entered the port of London in 1619. Thereafter, exports of colonial tobacco increased rapidly, as indi cated in Table 1, below.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.