History of the Great American Fortunes, Vol. I: Conditions in Settlement and Colonial TimesMyers, Gustavus
History
History of the Great American Fortunes, Vol. I: Conditions in Settlement and Colonial Times
Myers, Gustavus
United States -- Economic conditions; Wealth -- United States
By one means or another, some of the New York merchants of the period
attained a standing in point of wealth equal to not a few of the land
magnates. William Lawrence of Flushing, Long Island, was "a man of great
wealth and social standing." Like the rest of his class he affected to
despise the merchant class. After his death, an inventory showed his
estate to be worth L4,032, mostly in land and in slaves, of which he
left ten.[34] While the landed men often spent much of their time
carousing, hunting, gambling, and dispersing their money, the merchants
were hawk-eyed alert for every opportunity to gather in money. They
wasted no time in frivolous pursuits, had no use for sentiment or
scruples, saved money in infinitesimal ways and thought and dreamed of
nothing but business.
Throughout the colonies, not excepting Pennsylvania, it was the general
practice of the merchants and traders to take advantage of the Indians
by cunning and treacherous methods. The agents of the chartered
companies and the land owners first started the trick of getting the
Indians drunk, and then obtaining, for almost nothing, the furs that
they had gathered--for a couple of bottles of rum, a blanket or an axe.
After the charters of the companies were annulled or expired, the
landgraves kept up the practice, and the merchants improved on it in
various ingenious ways. "The Indians," says Felt,[35] "were ever ready
to give up their furs for knives, hatchets, beads, blankets, and
especially were anxious to obtain tobacco, guns, powder, shot and strong
water; the latter being a powerful instrument enabling the cunning
trader to perpetuate the grossest frauds. Immense quantities of furs
were shipped to Europe at a great profit."
This description appropriately applied also to New York, New Jersey, and
the South. In New York there were severe laws against Indians who got
drunk, and in Massachusetts colony an Indian found drunk was subject to
a fine of ten shillings or whipping, at the discretion of the
magistrate. As to the whites who, for purposes of gain, got the Indians
drunk, the law was strangely inactive. Everyone knew that drink might
incite the Indians to uprisings and imperil the lives of men, women and
children. But the considerations of trade were stronger than even the
instinct of self-preservation and the practice went on, not infrequently
resulting in the butchery of innocent white victims and in great cost
and suspense to the whole community.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account