William Bolts - The Voyage of The Giuseppe E Teresa, 1776-1781

The Voyage of The Giuseppe E Teresa, 1776-1781

In 1775, Bolts offered his services to the Imperial government, putting forward a proposal for re-establishing Austrian trade with India from the Adriatic port of Trieste. His proposal was accepted by the government of Empress Maria Theresa, and on 24 September 1776, Bolts sailed from Leghorn in the dominions of Leopold, Grand Duke of Tuscany, the younger son of the Empress, to India in command of a ship under the Imperial flag, the former Indiaman Earl of Lincoln, renamed the Giuseppe e Teresa (also called Joseph et Thérèse or Joseph und Theresia). He took with him a ten-year charter authorizing him to trade under Imperial colours between Austria’s Adriatic ports and Persia, India, China and Africa, and from Africa and Madagascar to America. This enterprise required substantial capital, which Bolts sought in the Austrian Netherlands (Belgium), and he brought in the Antwerp banker, Charles Proli, and his associates, the bankers I.C.I. Borrikens and D. Nagel.

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