The whale-men indeed have been deprived of one market for their oil; but another, I hear, is opening for them, which it is hoped may be equally advantageous; and the demand is constantly increasing for their spermaceti candles, which therefore bear a much higher price than formerly.
Franklin discusses the changing market conditions for whale oil and spermaceti candles, indicating a shift in demand.
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By our greatly encreasing the demand and consumption of British manufactures, their price is considerably raised of late years; the advantage is clear profit to Britain, and enables its people better to pay great taxes; and much of it…
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