The merchants and traders in the town of Boston, having taken into consideration the deplorable situation of the trade and the many difficulties it at present labours under on account of the scarcity of money, which is daily decreasing for want of the other remittances to discharge our debts in Great Britain, and the large sums collected by the officers of the customs for duties on goods imported; the heavy taxes levied to discharge the debts contracted by the government in the late war; the embarrassments and restrictions laid on the trade by the several late Acts of Parliament; together with the bad success of our cod fishery this season, and the discouraging prospect of the whale fishery, by which our principal sources of remittances are like to be greatly diminished, and we thereby rendered unable to pay the debts we owe the merchants in Great Britain, and to continue the importation of goods from thence:

We, the subscribers, in order to relieve the trade under those discouragements, to promote industry, frugality, and economy, and to discourage luxury and every kind of extravagance, do promise and engage to and with each other as follows:

That we will not send or import from Great Britain this fall, either on our own account, or on commission, any other goods than what are already ordered for the fall supply.

That we will not send for or import any kind of goods or merchandise from Great Britain, either on our own account, or on commissions, or any otherwise, from January 1, 1769, to January 1, 1770, except salt, coals, fish-hooks and lines, hemp, duck, bar lead and shot, wool-cards, and card-wire.

That we will not purchase of any factors, or others, any kind of goods imported from Great Britain from January 1, 1769, to January 1, 1770. That we will not import on our own account, or on commission, or Purchase from any Who shall import from any other colony in America, from January 1, 1769, to January 1, 1770, any tea, glass, paper, or other goods commonly imported from Great Britain.

That we will not, from and after January 1, 1769, import into the province any tea, paper, glass, or painters' colours, until the Acts imposing duties on these articles have been repealed.