A Political and Social History of Modern Europe V.1.Hayes, Carlton J. H. (Carlton Joseph Huntley)
History
A Political and Social History of Modern Europe V.1.
Hayes, Carlton J. H. (Carlton Joseph Huntley)
Europe -- History; Europe -- Politics and government
Not only was foreign trade changed from the south and east of Europe to
the west, from the city-states to nations, from land-routes to ocean-
routes; but the vessels which sailed the Atlantic were larger,
stronger, and more numerous, and they sailed with amazing confidence
and safety, as compared with the fragile caravels and galleys of a few
centuries before. The cargoes they carried had changed too. The
comparative cheapness of water-transportation had made it possible
profitably to carry grain and meat, as well as costly luxuries of small
bulk such as spices and silks. Manufactures were an important item.
Moreover, new commodities came into commerce, such as tea and coffee.
The Americas sent to Europe the potato, "Indian" corn, tobacco, cocoa,
cane-sugar (hitherto scarce), molasses, rice, rum, fish, whale-oil and
whalebone, dye-woods and timber and furs; Europe sent back
manufactures, luxuries, and slaves.
[Sidenote: Slavery]
Slaves had been articles of commerce since time immemorial; at the end
of the fifteenth century there were said to have been 3000 in Venice;
and the Portuguese had enslaved some Africans before 1500. But the need
for cheap labor in the mines and on the sugar and tobacco plantations
of the New World gave the slave-trade a new and tremendous impetus. The
Spaniards began early to enslave the natives of America, although the
practice was opposed by the noble endeavors of the Dominican friar and
bishop, Bartolomé de las Casas. But the native population was not
sufficient,--or, as in the English colonies, the Indians were
exterminated rather than enslaved,--and in the sixteenth century it was
deemed necessary to import negroes from Africa. The trade in African
negroes was fathered by the English captain Hawkins, and fostered alike
by English and Dutch. It proved highly lucrative, and it was long
before the trade yielded to the better judgment of civilized nations,
and still longer before the institution of slavery could be eradicated.
[Sidenote: Effects on Industry and Agriculture]
The expansion of trade was the strongest possible stimulus to
agriculture and industry. New industries--such as the silk and cotton
manufacture--grew up outside of the antiquated gild system. The old
industries, especially the English woolen industry, grew to new
importance and often came under the control of the newer and more
powerful merchants who conducted a wholesale business in a single
commodity, such as cloth. Capitalists had their agents buy wool, dole
it out to spinners and weavers who were paid so much for a given amount
of work, and then sell the finished product. This was called the
"domestic system," because the work was done at home, or
"capitalistic," because raw material and finished product were owned
not by the man who worked them, but by a "capitalist" or rich merchant.
How these changing conditions were dealt with by mercantilist
statesmen, we shall see in later chapters.
Public-domain text, read in full here on John Shaqi.
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