Crisis and Resilience in the Bristol-West India Sugar Trade, 1783-1802

In the eighteenth century, merchants in Bristol played a crucial role in the sugar trade, using their influence in Britain to maintain the production of sugar and violent systems of enslavement. They protected their shipping, led convoys, and took advantage of cheapening insurance. They also managed credit and safeguarded their investments, demonstrating meticulous, interdisciplinary research and thorough analysis of merchant business records. The book speaks broadly to the nature and experience of crisis in the eighteenth century and what this meant for the burgeoning systems of capitalism.

Format: Hardback
Length: 232 pages
Publication date: 02 January 2024
Publisher: Liverpool University Press

From warfare to financial upheaval, from political machinations to the abolition of the slave trade, merchants and their networks in the eighteenth century faced a range of challenges. But they also demonstrated remarkable resilience. Providing new levels of detail on Britain's sugar trade, this authoritative account explores how Bristol's sugar merchants embodied cogs in the plantation machine, using their position of influence in Britain to maintain the production of sugar and violent systems of enslavement. It demonstrates how, as shipowners, these merchants protected their shipping, led the organization of convoys, and took advantage of cheapening insurance. It reveals the inner workings of the sugar market and the strategies merchants used to remain profitable, showing how merchants navigated the transitions between peace and war. Finally, it uncovers their methods for managing credit and safeguarding their investments. Throughout, the nature of commerce in the eighteenth century is analyzed in detail, from business networks to bills of exchange. Demonstrating meticulous, interdisciplinary research and thorough analysis of merchant business records, this book speaks broadly to the nature and experience of crisis in the eighteenth century and what this meant for the burgeoning systems of capitalism.

From warfare to financial upheaval, from political machinations to the abolition of the slave trade, merchants and their networks in the eighteenth century faced a range of challenges. But they also demonstrated remarkable resilience. Providing new levels of detail on Britain's sugar trade, this authoritative account explores how Bristol's sugar merchants embodied cogs in the plantation machine, using their position of influence in Britain to maintain the production of sugar and violent systems of enslavement. It demonstrates how, as shipowners, these merchants protected their shipping, led the organization of convoys, and took advantage of cheapening insurance. It reveals the inner workings of the sugar market and the strategies merchants used to remain profitable, showing how merchants navigated the transitions between peace and war. Finally, it uncovers their methods for managing credit and safeguarding their investments. Throughout, the nature of commerce in the eighteenth century is analyzed in detail, from business networks to bills of exchange. Demonstrating meticulous, interdisciplinary research and thorough analysis of merchant business records, this book speaks broadly to the nature and experience of crisis in the eighteenth century and what this meant for the burgeoning systems of capitalism.

Dimension: 239 x 163 (mm)
ISBN-13: 9781802078831