The Business of Whaling in America in the 1850's

David Moment

Business History Review, 1957, vol. 31, issue 3, 261-291

Abstract: The glamor of the American whale fishery has tended to obscure its economic outlines and significance. For certain areas one of the first successful efforts at natural resources exploitation, the fisheries developed centers of highly specialized technical and administrative skills. Capital amassed in whaling was a far from inconsequential economic force when it was shifted into other channels of investment. The shifting process itself highlights the circumstances surrounding a dying industry and provides an example of variant national investment patterns.

Date: 1957
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