Notes from Article 6-1: Atlantic Slave Trade

6. New England. Molasses -used in making rum.Rum shipped to: New England -their activity in slave trade.

  • What was dependent on slave traffic: rum trade, ship building, the distilleries, a great many of fisheries, employment of artisans and seamen, even agriculture.
  • Slave produced cotton= basis for a national economy’s ability to emerge.
  • Up to 1820 the people coming to American who were coming to America outnumbered Europeans 3 to 1. Table 1: Page 376 Social Science History: Shows populations, for example in British West indies: 839,000 -black 57,000 white.
  • in Brazil 2,660,000 to 920,000 white. In 1820.
  • + other places, u.s., dutch west indies, spanish america—- the total coming to 8.4 million Africans to 2.4 Europeans. This is under the first wave of mass migration. nothing matched it until the second mass migration in 1880s. Demographic***
  • America was extension of Africa for a little while, rather than extension of Europe. At least until the 19th century. 
  • this leads to- and allows a new population’s dymanics to establish. 
  • Question: colonial domination over morality? (maybe not relevant) 
  • “Important source of capital for industrial investment in subsequent decades.”
  • West indies and Europe has a close relationship economically. The west indies exported to the Colonies and was a market for Europeans. Table 2 Slavery, trade, and capitalism, shows destinations and average annual value(euro) of commodity exports from new england 1768-1772. Massachusetes alone imported 8.3 gallons of molasses. We can see that the colonies played an important role in trade relationships during the time of the Atlantic Slave Trade Economy. 
  • It was not just the plantations or trade that made the money, but the actual voyages themselves played a role in the economy as well. “Expiditions which had low outfitting costs per slave were profitable;  at 950-1,000L per slave, the expedition broke even, at less than that it made money, at more it it lost.” (Profitability of the Nantes slave trade, 1783-1792, p 12 of 16)
  • The effect left on the Atlantic economies by the slave trade would last for decades after the trade was abolished, and shape the world we live in today. 
  • Article 4.) “Nations took part for economic reasons. fork superiority. dominance. and control. Part of the impact that would take place would be these decisions ruled by economic gain. “The ultimate objective was to break through Spain’s monopoly in the west indies and gain control of Spainish America, thus laying the groundwork for a great mercantile Empire.” -wealth of Jamaica
  • 4 of 21
  • (article 3) The slave trade, was it profitable? millions of people were forced from their homes, torn from families,  endured endless violence generation after generation. The profit and economic success of the slave trade led to the establishment of a national economy in the United States. 
  • “rate of profit is ratio between net income and a stock of capital”
  • (article 3) Income: balance of receipts and expenses, net of capital appreciation or depreciation.
  • receipts came from the sale of: sugar, rum, molasses, sometimes livestock, provisions, hiring slaves 
  • It was the growth of anti-slave feeling in England that caused decline of plantation profits and not decline of profits, tat encourage anti-slave feeling, as some have supposed. (P.207 article..3)
  • (article 2) “socio-economic conditions to advance the private interests of contending social groups.” 
  • Page 22: “I still firmly believe that my demonstration of the point that paradigm limitation is a far more serious problem that ideology in the study of the impact of the Atlantic slave trade on African societies is not seriously affected. …Quite often the researcher is imprisoned by his or her paradigm. ‘conceptual framework that restricts the vision.’
  • (article one) slave exports: demographic: makes sense production is so high, see how many are being exported.
  • Slave exports from west: decade, slave export 1700-9 150,000 1760-9, 391,000 170-9, 417,000 table 1 shows, British slave exports from the west coast of Africa, 1700-1807 by decades. p.3 4 of 23. 

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