FREE BOOKS

Author's List




PREV.   NEXT  
|<   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212  
213   214   215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230   231   232   233   234   235   236   237   >>   >|  
ined to English ships. This was a sufficient limitation of their former freedom of trade to incense the planters in the West Indies but, as a matter of greater importance to them, the king granted to the Company of Royal Adventurers the exclusive trade to the western coast of Africa, thus limiting their supply of Negro slaves to this organization. The company therefore undertook this task, realizing that in the Negro trade it would find by far its most lucrative returns. Not only did the company supply the planters with slaves, their greatest necessity, but in exchange for these it took sugar and other plantation products which it carried to England. It was natural that the company should endeavor to make a success of its business, but, on the other hand, it was to be expected that the planters would regard the company as a monopoly and a nuisance to be outwitted if possible. In 1660 Barbadoes was in much the same condition as is true of every rapidly expanding new country. The settlers occupied as much land as they could obtain and directed every effort toward its cultivation and improvement. The growing of sugar had proved to be very profitable and every planter saw his gains limited only by the lack of labor to cultivate his lands. Every possible effort was therefore made to obtain laborers and machinery. Although the planters had little ready capital, they made purchases with a free hand, depending upon the returns from their next year's crop to pay off their debts. As a result, the planters were continually in debt to the merchants. The merchants greatly desired that Barbadoes should be made as dependent on England as possible in order that the constantly increasing amount of money which the planters owed them might be better secured. Moreover, they wished to prevent the planters from manipulating the laws of the island in such a way as to hinder the effective collection of debts.[3] The planters, on the other hand, appreciated very keenly the ill effects upon themselves of the laws which were passed in England for the regulation of commerce. They bitterly complained of the enumerated article clause of the Navigation Act of 1660, which provided that all sugars, indigo and cotton-wool should be carried only to England. Already the planters were very greatly in debt to the merchants and they saw in this new law the beginning of the restrictions by which the merchants intended to throttle their trade. Indeed it seem
PREV.   NEXT  
|<   188   189   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212  
213   214   215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230   231   232   233   234   235   236   237   >>   >|  



Top keywords:

planters

 

merchants

 

England

 
company
 

returns

 
effort
 

greatly

 

Barbadoes

 

obtain

 
carried

slaves

 

supply

 

constantly

 

increasing

 

dependent

 

English

 

desired

 
amount
 
Moreover
 
wished

prevent

 

secured

 
sufficient
 

depending

 

freedom

 

manipulating

 

result

 
purchases
 

capital

 

limitation


continually

 

sugars

 

indigo

 

provided

 

article

 

clause

 

Navigation

 
cotton
 

throttle

 
Indeed

intended

 

restrictions

 

Already

 

beginning

 

enumerated

 

complained

 

collection

 

appreciated

 

effective

 

hinder