Triangle Trade (secomd) is developed.
1720
(ca.) Rather than import large numbers of enslaved people, Boston, Newport, and other New England ports begin to exchange rum for in Africa for enslaved people, whom they exchange for sugar in the West Indies, to make more rum. According to the Encyclopedia of New England, “Slavery did not take hold in New England, not because of the Puritans’ superior moral quality but because of the business-oriented realization that slavery in New England would not reap the immense profits possible in the [agricultural] South.”
Sources
- Encyclopedia of New England/Beck&Beck