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Yankees and Creoles: The trade between North America and the West
Indies before the American Revolution. By Richard Pares. (Cam-
bridge, Mass.: Harvard University Press, 1956. Pp. vii, 168. $4.75.)
This is a study of the trade between North America and the West Indian
colonies from their first foundation to the American Revolution. Richard
Pares has done an excellent job of filling in many gaps in our knowledge
of this trade.
The book is divided into four parts. In the first section he studies those
conducting the trade and develops the thesis that the North American
merchant was better fitted to undertake the task and emerged as the leading
figure. He quotes many letters, instructions, and agreements to show the
relations between the merchants, the ship captains, and the West Indian
factors.
In the second and third sections he studies the outward cargoes and the
return cargoes and shows the gradual change in the nature of the trade.
The emergence of the rum industry in the North American colonies and the
emergence of triangular and multi-angular trade is well described.
In the last section he treats of the effect of the trade on the North
American economy. He is particularly effective in considering the profits
and loss of the trade and the formation of capital in the colonies.
This should be a valuable source of reference for the economic historian
as well as for those interested in the development of trade practices and
techniques. It is an outstanding piece of research on a little known facet
of our history.
R. W . BRADBURY
University of Florida,
Gainesville, Florida