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Merchants and planters revisited

Smith, S.D. (2003) Merchants and planters revisited. Economic History Review, 55 (3). pp. 434-465. ISSN 0013-0117

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Abstract

This article's principal source is a database of loans granted by the merchant Henry Lascelles (1690–1753) to clients in the West Indies. Lascelles' long–term lending in the Caribbean is compared with his English loans, his investment in securities, his purchases of English real estate, and short–term credits granted to planters by the London commission house of Lascelles and Maxwell. The data indicate that lending on mortgage grew in importance from c. 1740 in Lascelles' financial dealings. The article supports the view that the development of the West Indies was dependent on imports of British capital during the eighteenth century.

Item Type: Article
Academic Units: The University of York > Economics and Related Studies (York)
Depositing User: York RAE Import
Date Deposited: 04 Jun 2009 15:40
Last Modified: 04 Jun 2009 15:40
Published Version: http://dx.doi.org/10.1111/1468-0289.00227
Status: Published
Publisher: Blackwell Publishing Ltd
Identification Number: 10.1111/1468-0289.00227
URI: http://eprints.whiterose.ac.uk/id/eprint/6007

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