Discusses the influence of the China trade on Salem.
Written in 2002; 2,250 words; 6 sources; $ 79.95
Paper Summary:
Discusses the influence of the China trade on Salem. History of 17th and early 18th centuries of Salem shipbuilding. Connection to Hong Kong merchants. Using Opium as currency in China. Economic impact of profits from trade with the Orient on U.S. Government and Salem merchants. Importance of Nathan Bowditch's measuring devices to the shipping trade.
From the Paper:
"Introduction
Salem, Massachusetts is best known, historically, for
its witch trials. What is less known about the village, and
what is of far more importance, is the impact that the sea
had upon the village. There was a confluence of events that
made Salem a natural seaport. First, and most important was
fair and natural leeward harbor. Second was a close
proximity to Boston, which had a burgeoning sea economy of
its own. Third was land that was rich in timber providing
the lumber for ship building. Fourth was a strong merchant
base, since the town attracted and nurtured mercantile
families such as the Peabody's, the Perkins, the
Crowinshields and the Cabots (Albion, 1978).
The reasons for the Salem-China nexis are not as clear
cut. This paper will ..."
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