Ships and Slaves

Lawrence H. Officer ()
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Lawrence H. Officer: University of Illinois at Chicago

Chapter Chapter 9 in A New Balance of Payments for the United States, 1790–1919, 2021, pp 153-160 from Palgrave Macmillan

Abstract: Abstract Ship sales, a balance-of-payments credit separate from merchandise, are generated as the product of price and volume. Superior price data than predecessors employed is the main contribution here. Slave imports are a debit item. For U.S.-ship transportation of slaves (whether from Africa or the Caribbean), the cost of purchase is pertinent; for foreign-ship disembarkations, the U.S. selling price is applicable. The balance of payments includes only the cost or revenue of the slave-ship owners; excluded are the costs to the enslaved people themselves (liberty, dignity, labor exploitation).

Date: 2021
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DOI: 10.1007/978-3-030-66099-4_9

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