The Industrial Revolution

Bibliographic data

Monograph

Identifikator:: 1027928145

URN:: urn:nbn:de:zbw-retromon-159926

Document type:: Monograph

Author:: Cunningham, William http://d-nb.info/gnd/128907487

Title:: The Industrial Revolution

Place of publication:: Cambridge

Publisher:: The University Press

Year of publication:: 1922

Scope:: xxii S., S. 404-886

Digitisation:: 2021

Collection:: Economics Books

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476 PARLIAMENTARY COLBERTISM importing slaves into the Spanish colonies; and there appears to have been an entire want of any humanitarian feeling on the subject. The New England colonists were quite as callous!, and carried on the trade without scruple; there was some uneasiness in the southern plantations, for the enormous number of slaves was regarded as constituting both in prea grave political danger. But from the point of view of serving the # : ” economic English merchants, this was a lesser evil than the develop- dependence 3 y ’ 4 . of the ment of such an industrial population in the plantations as plantations would interfere with the sale of English products. «Were it possible for White Men to answer the end of Negroes in Planting, must we not drain our own Country of Husband- men, Mechanicks and Manufacturers too? Might not the latter be the Cause of our Colonies interfering with the Manufactures of these Kingdoms, as the Palatines attempted in Pensilvania? In such Case indeed, we might have just Reason to dread the Prosperity of our Colonies; but while we can be well supplied with Negroes, we need be under no such Apprehensions; their Labour will confine the Plantations to Planting only%” Besides this, the African trade took off a considerable amount of English manu- factures, and the slaves for America furnished a large part of the returns. Both as regards manufactures and shipping, the condition that 600,000 livres were paid to the King of Spain, to be repaid to the Company during the last ten years of the Treaty. ii. During the first twenty-five years the Company might import as many, more than the specified number, as it thought fit. iti. They could employ English or Spanish vessels as they thought fit. iv. They were allowed to use vessels of 400 tons to export goods from America to Europe, and one ship of 500 tons for importing goods for Indian trade. v. The Kings of Spain and England were each to have one-fourth of the profit. The English put the liberty accorded to them to great abuse by mooring the one ship permitted to bring imports and constantly refilling her with goods brought by tenders; they got much of the Spanish American trade into their hands. The arrangement expired with the outbreak of war in 1739, but was renewed in 1748 at Aix-la-Chapelle for four years, to make up for the years of which the Company had lost the benefit. There is no mention of the Assiento in the Treaty of Paris (1763). Koch and Shoell, Histoire Abrégée des Traités de Paix, 1. 215, 861. 1 A contrary view is expressed by Bancroft, mi. 408; but see Weeden, Economic and Social History of New England, 1. 103, 148; m. 451, 834. Also Wakefield, England and America, 11. 25. 2 The African Trade, the great Pillar and Support of the British Plantation Trade (1745), pp. 18,14. Postlethwayt, who is said to have been the writer, assumes that self-sufficiency was a necessary condition without which the plantations could not secure political independence. “Negro labour will keep them in due Subservieney to the Interest of their Mother Country; for while our Plantations A.D. 1689 --1776.

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