By the American Revolution, the farmers and city-dwellers of British America had achieved, individually and collectively, considerable prosperity. The nature and extent of that success are still unfolding. In this first comprehensive assessment of where research on prerevolutionary economy stands, what it seeks to achieve, and how it might best proceed, the authors discuss those areas in which traditional work remains to be done and address new possibilities for a 'new economic history.'
A study of early transatlantic trade in South Carolina that exposes the divisive complexity that led to war London's "Carolina traders," a little-known group of transatlantic merchants, played a pivotal but historically neglected role in the rise of tensions in the South Carolina lowcountry. In Trade, Politics, and Revolution, Huw David delves into the lives of these men and explores their influence on commerce and politics in the years before and after the American Revolution. Beginning in the 1730s, a few select merchants in Charleston fueled South Carolina's economic rise, used their political connections to prosper in British-Carolinian trade, and then relocated to London, becoming absentee owners of property, plantations, and slaves. Using correspondence, business and slave trade records, newspapers, and a wealth of other sources, David reconstructs the lives of these Carolina traders and demonstrates their shifting but instrumental influence over the course of the eighteenth century. Until the 1760s these transatlantic traders served as a stabilizing force, using their wealth and political connections to lobby for colonial interests. As the British Empire flexed its power and incited rebellion with laws such as the so-called Intolerable Acts, South Carolinians became suspicious of the traders, believing them to be instruments of imperial oppression. Trade, Politics, and Revolution offers a fresh understanding of trade in South Carolina's early history and the shifting climate that led to the American Revolution, as well as reaching beyond the war to explore the reconstruction of trade routes between the newly founded United States and Great Britain. By focusing on one segment of transatlantic trade, David provides a new interpretive approach to imperialism and exposes the complex, deeply personal rift that divided the Carolina traders from their homeland and broke the colonies from the mother country
A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs
This collection of essays explores the inter-imperial connections between British, Spanish, Dutch, and French Caribbean colonies, and the 'Old World' countries which founded them. Grounded in primary archival research, the thirteen contributors focus on the ways that participants in the Atlantic World economy transcended imperial boundaries.
In recent years, scholars in a number of disciplines have focused their attention on understanding the early American economy. This text enters the resurgent discussion by showcasing the work of leading scholars who represent a spectrum of historiographical and methodological viewpoints.
In its early years, the American Republic was far from stable. Conflict and violence, including major land wars, were defining features of the period from the Revolution to the outbreak of the Civil War, as struggles over who would control land and labor were waged across the North American continent. The World of the Revolutionary American Republic brings together original essays from an array of scholars to illuminate the issues that made this era so contested. Drawing on the latest research, the essays examine the conflicts that occurred both within the Republic and between the different peoples inhabiting the continent. Covering issues including slavery, westward expansion, the impact of Revolutionary ideals, and the economy, this collection provides a diverse range of insights into the turbulent era in which the United States emerged as a nation. With contributions from leading scholars in the field, both American and international, The World of the Revolutionary American Republic is an important resource for any scholar of early America.
On the eve of the American Revolution, nearly three-quarters of all African Americans in mainland British America lived in two regions: the Chesapeake, centered in Virginia, and the Lowcountry, with its hub in South Carolina. Here, Philip Morgan compares and contrasts African American life in these two regional black cultures, exploring the differences as well as the similarities. The result is a detailed and comprehensive view of slave life in the colonial American South. Morgan explores the role of land and labor in shaping culture, the everyday contacts of masters and slaves that defined the possibilities and limitations of cultural exchange, and finally the interior lives of blacks--their social relations, their family and kin ties, and the major symbolic dimensions of life: language, play, and religion. He provides a balanced appreciation for the oppressiveness of bondage and for the ability of slaves to shape their lives, showing that, whatever the constraints, slaves contributed to the making of their history. Victims of a brutal, dehumanizing system, slaves nevertheless strove to create order in their lives, to preserve their humanity, to achieve dignity, and to sustain dreams of a better future.
A sweeping history of early American trade and the foundation of the American economy "We could have no better guide than Truxes explaining incisively how American colonial merchants enriched their communities through licit and illicit trade, and how this enrichment was the product of slavery and the slave trade."--Nicholas Canny, author of Imagining Ireland's Pasts In a single, readily digestible, coherent narrative, historian Thomas M. Truxes presents the three hundred-year history of the overseas trade of British America. Born from seeds planted in Tudor England in the sixteenth century, Atlantic trade allowed the initial survival, economic expansion, and later prosperity of British America, and brought vastly different geographical regions, each with a distinctive identity and economic structure, into a single fabric. Truxes shows how colonial American prosperity was only possible because of the labor of enslaved Africans, how the colonial economy became dependent on free and open markets, and how the young United States owed its survival in the struggle of the American Revolution to Atlantic trade.
The Atlantic Economy during the Seventeenth and Eighteenth Centuries is a collection of essays focusing on the expansion, elaboration, and increasing integration of the economy of the Atlantic basin—comprising parts of Europe, West Africa, and the Americas—during the seventeenth and eighteenth centuries. In thirteen essays, the contributors examine the complex and variegated processes by which markets were created in the Atlantic basin and how they became integrated. While a number of the contributors focus on the economic history of a specific European imperial system, others, mirroring the realities of the world they are writing about, transcend imperial boundaries and investigate topics shared throughout the region. In the latter case, the contributors focus either on processes occurring along the margins or interstices of empires, or on "breaches" in the colonial systems established by various European powers. Taken together, the essays shed much-needed light on the organization and operation of both the European imperial orders of the early modern era and the increasingly integrated economy of the Atlantic basin challenging these orders over the course of the same period.
