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Triangular trade

 

Triangular trade

Depiction of the classical model of the Triangular trade
Depiction of the Triangular Trade of slaves, sugar, and rum with New England instead of Europe as the third corner

Triangular trade or triangle trade is a historical term indicating trade among three ports or regions. Triangular trade usually evolves when a region has export commodities that are not required in the region from which its major imports come. Triangular trade thus provides a method for rectifying trade imbalances between the above regions.

The particular routes were historically also shaped by the powerful influence of winds and currents during the age of sail. For example, from the main trading nations of Western Europe it was much easier to sail westwards after first going south of 30 N latitude and reaching the so-called "trade winds"; thus arriving in the Caribbean rather than going straight west to the North American mainland. Returning from North America, it is easiest to follow the Gulf Stream in a northeasterly direction using the westerlies. A similar triangle to this, called the volta do mar was already being used by the Portuguese, before Columbus' voyage, to sail to the Canary Islands and the Azores. Columbus simply expanded the triangle outwards, and his route became the main way for Europeans to reach, and return from, the Americas.

Contents

  • Atlantic triangular slave trade 1
    • New England 1.1
  • Other triangular trades 2
  • Notes 3
  • External links 4

Atlantic triangular slave trade

The best-known triangular trading system is the transatlantic slave trade, that operated from the late 16th to early 19th centuries, carrying slaves, cash crops, and manufactured goods between West Africa, Caribbean or American colonies and the European colonial powers, with the northern colonies of British North America, especially New England, sometimes taking over the role of Europe.[1] The use of African slaves was fundamental to growing colonial cash crops, which were exported to Europe. European goods, in turn, were used to purchase African slaves, which were then brought on the sea lane west from Africa to the Americas, the so-called Middle Passage.[2]

A classic example is the colonial molasses trade. Sugar (often in its liquid form, molasses) from the Caribbean was traded to Europe or New England, where it was distilled into rum. The profits from the sale of sugar were used to purchase manufactured goods, which were then shipped to West Africa, where they were bartered for slaves. The slaves were then brought back to the Caribbean to be sold to sugar planters. The profits from the sale of the slaves were then used to buy more sugar, which was shipped to Europe, restarting the cycle. The trip itself took five to twelve weeks.

The first leg of the triangle was from a European port to Africa, in which ships carried supplies for sale and trade, such as copper, cloth, trinkets, slave beads, guns and ammunition.[3] When the ship arrived, its cargo would be sold or bartered for slaves. On the second leg, ships made the journey of the Middle Passage from Africa to the New World. Many slaves died of disease in the crowded holds of the slave ships. Once the ship reached the New World, enslaved survivors were sold in the Caribbean or the American colonies. The ships were then prepared to get them thoroughly cleaned, drained, and loaded with export goods for a return voyage, the third leg, to their home port,[4] from the West Indies the main export cargoes were sugar, rum, and molasses; from Virginia, tobacco and hemp. The ship then returned to Europe to complete the triangle.

Diagram illustrating the stowage of African slaves on a British slave ship.

However, because of several disadvantages that slave ships faced compared to other trade ships, they often returned to their home port carrying whatever goods were readily available in the Americas and filled up a large part or all of their capacity with ballast. Other disadvantages include the different form of the ships (to carry as many humans as possible, but not ideal to carry a maximum amount of produce) and the variations in the duration of a slave voyage, making it practically impossible to pre-schedule appointments in the Americas, which meant that slave ships often arrived in the Americas out-of-season. Instead, the cash crops were transported mainly by a separate fleet which only sailed from Europe to the Americas and back. The Triangular trade is a trade model, not an exact description of the ship's route.[5]

New England

  • The Transatlantic Slave Trade Database, a portal to data concerning the history of the triangular trade of transatlantic slave trade voyages.
  • Report of the Brown University Steering Committee on Slavery and Justice

External links

  1. ^ About.com: The Trans-Atlantic Slave Trade. Accessed 6 November 2007.
  2. ^ National Maritime Museum - Triangular Trade. Accessed 26 March 2007.
  3. ^ Scotland and the Abolition of the Slave Trade. Accessed 28 March 2007.
  4. ^ A. P. Middleton, Tobacco Coast.
  5. ^ Emmer, P.C.: The Dutch in the Atlantic Economy, 1580–1880. Trade, Slavery and Emancipation. Variorum Collected Studies Series CS614, 1998.
  6. ^ Slavery in Rhode Island Slavery in the North Accessed 11 September 2011.
  7. ^ Curtis, Wayne. And a Bottle of Rum. New York: Three Rivers Press, 2006–2007. ISBN 978-0-307-33862-4. page 117.
  8. ^ Curtis, Wayne. And a Bottle of Rum. New York: Three Rivers Press, 2006–2007. ISBN 978-0-307-33862-4. page 119.
  9. ^ Kurlansky, Mark. Cod: A Biography of the Fish That Changed the World. New York: Walker, 1997. ISBN 0-8027-1326-2.
  10. ^ Morgan, Kenneth. Bristol and the Atlantic Trade in the Eighteenth Century. Cambridge: Cambridge University Press, 1993. ISBN 0-521-33017-3. Pages 64–77.
  11. ^ Chris Evans and Göran Rydén, Baltic Iron in the Atlantic World in the Eighteenth Century : Brill, 2007 ISBN 978-90-04-16153-5, 273.

Notes

The term "triangular trade" also refers to a variety of other trades.

Other triangular trades

vividly describes this form of the triangular trade. 1776 The song "Molasses to Rum" from the musical [8]

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