. History of the city of New York: its origin, rise and progress . Avhich they buy of the In-dians, sugar, logwood, and other dyeing woods; rum, mahogany, and many othergoods which are the produce of the West Indies. Every year they build severalships here which are sent to London and there sold; and of late years theyhave shipped a great quantity of iron to England. In return for these they im-port from London stuffs, and every other article of English growth and manu-facture, together with all sorts of foreign goods. England, and especially Lon-don, profits immensely by the trade. There are
. History of the city of New York: its origin, rise and progress . Avhich they buy of the In-dians, sugar, logwood, and other dyeing woods; rum, mahogany, and many othergoods which are the produce of the West Indies. Every year they build severalships here which are sent to London and there sold; and of late years theyhave shipped a great quantity of iron to England. In return for these they im-port from London stuffs, and every other article of English growth and manu-facture, together with all sorts of foreign goods. England, and especially Lon-don, profits immensely by the trade. There are two printers ^ in the town, andevery week some gazettes, in English, are published, which contain news fromall parts of the world. That New York was conscious of her growing importance in a com-mercial point of view is evidenced by a significant enterprise in thebeginning of the last half of the eighteenth century. It was thebuilding of the Eoyal Exchange for merchants, at the foot of BroadStreet, nearly on the line of Water Street. It was supported upon arches,. The Royal Exchange. leaving the lower part entirely open. One room was specially arrangedfor the meeting of merchants, and the remainder of the building was ap-propriated to various uses; a coffee-room was opened at one end. The Long Eoom was the favorite place for societies to liold their annual ^ William Bradford, the first printer and founder of the first newspaper in New York, diedthis year. The Weekly Journal of Zenger was discontinued. The Weekly Post-Boy and theWeekly Gazette and Mercury were the two newspapers of the city. REV. AARON BURR. 635 elections, and it was where dinners and other entertainments were givento persons of distinction. The edifice was completed in 1754. Another writer, Eev. Mr. Burnaby, lifts the curtain to give us a passingglimpse of the people of that decade, as they appeared to his view : — The inhabitants of New York in their character very much resemble thePennsylvanians. Being, howe
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