The Coastal Trade of the British North American Colonies, 1768–1772
James F. Shepherd and
Samuel H. Williamson
The Journal of Economic History, 1972, vol. 32, issue 4, 783-810
Abstract:
The coastal trade of the British North American colonies, as well as the coastal trade among the American states and the remaining British colonies after the American Revolution and well into the nineteenth century, remains one of those areas in North American economic history about which we know very little. The broad outlines and patterns of this coastal trade, or various segments of it, have been described by others, but as Arthur L. Jensen has put it: “Trade among the continental colonies has been treated as something of a poor relation in many studies of colonial commerce.” The most serious inadequacy is the lack of any overall view of the specific patterns and magnitudes of the coastal trade and its relationship both to the overseas trades and to overall economic activity. Various and strikingly contrasting views have been expressed. One historian of transportation states: “Prior to the Revolution intercolonial commerce was inconsiderable, and intercolonial trade-routes, where they existed, were entirely inadequate.” On the other hand, Innis, in referring to the trade between Newfoundland and New England, states that in 1765 exports from New England to Newfoundland probably exceeded £200,000 sterling (including smuggling), and that by 1774 they had reached £.300,000 or £400,000.
Date: 1972
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