The Enterprising Americans: A Business History of the United by John Chamberlain PDF

By John Chamberlain

ISBN-10: 0930464419

ISBN-13: 9780930464417

American citizens' attitudes concerning the ethical legitimacy of industrial ebb and circulate, new release through iteration. while John Chamberlain wrote this vintage historical past of yank company in 1960. the angle of yankee intellectuals towards enterprise used to be nearly universally skeptical, whilst no longer really antagonistic. the one significant exceptions to this rale have been at the university campus - and very merely on the most sensible schools - the place a handful of innovating students have been starting to revolutionize the learn of yank fiscal background, males corresponding to the current ''dean'' of yankee enterprise historians, Thomas С. Cochran. They understood the value of the achievements of yank marketers in a state which lengthy has loved comparative freedom from executive intervention into markets. what's impressive on reflection is how good (and how early) John Chamberlain advised basically an identical tale, yet within the language of the journalist instead of the varsity professor. The Enterprising american citizens used to be itself an act of highbrow entrepreneurship. It pioneered a brand new imaginative and prescient of the yank prior.

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Rice, the other staple of the region, became another source of profit when a relaxation of trade restrictions after 1730 permitted the merchants of Charles Town to export some of it directly to southern Europe-or “south of Cape Finisterre,” as the charitable exemption read. And in all the southern colonies the English Navy provided a ready market for naval stores (produced by “tar burners”) at times when the Baltic had been closed as a prime source. With the British trade restrictions resting lightly upon them, the merchants of Charles Town had less scrabbling to do than their brothers of the North.

He also undoubtedly forestalled repudiation of the country’s wartime obligations. S. Secretary of the Treasury. Indeed, it was at Morris’ behest that Washington chose Hamilton for that office. Before Hamilton got his opportunity to put Morris’ ideas into effect, however, the American people had to discover by sad experience that they needed a stronger form of government than the one supplied by the Continental Congress and the Articles of Confederation. For the war, while successful in a military sense, THE ENTERPRISING AMERICANS had taken an enormous economic toll.

But in spite of its tolerant charm Newport represents one of the darker strands of our early business history. It was not alone in the development of the slave trade with West Africa: ships from Massachusetts frequently visited the Guinea coast, where they crammed black men into their ‘tween-deck spaces for export to the sugar lands of the West Indies and the tobacco plantations of the South. Newport ships, however, made a more or less regular thing of the traffic in human flesh. ” Later, Mr. Hopkins amplified his words to point specifically to Newport, whose “trade in human species has been the first wheel of commerce .

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The Enterprising Americans: A Business History of the United States by John Chamberlain


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