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References (5)
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I. Akinjogbin (1963)
Agaja and the Conquest of the Coastal Aja Straits, 1724-1730Journal of the Historical Society of Nigeria, 2
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James Rawley (1981)
London, Metropolis of the Slave Trade -
Adam Hofri-Winogradow (2008)
Protection of Family Property from Creditors in the Enlightenment-Era Court of Chancery -
J. Walvin (2013)
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E. Long, (2010)
The History of Jamaica: Or, General Survey of the Antient and Modern State of that Island, with Reflections on its Situation, Settlements, Inhabitants, Climate, Products, Commerce, Laws, and Government
- Publisher
- Springer International Publishing
- Copyright
- © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020
- ISBN
- 978-3-030-33838-1
- Pages
- 185 –216
- DOI
- 10.1007/978-3-030-33839-8_6
- Publisher site
- See Chapter on Publisher Site
Abstract
[By the late 1720s, Morice’s increasing debts in the colonies; uncertainty in the slave-supply markets in the Bight of Benin and the slave-demand markets of Brazil; and the high cost of the multiple-ship system all combined to undermine his finances. His ultimate nemesis, though, was the rising competition from the Dutch Republic and from Bristol, whose lower costs allowed them to undersell his captains and condemn his ships to disastrously long loading in the African slaving ports throughout 1731. His desperation at the failure of his system of trade drove him first to embezzlement on a grand scale from the Bank of England, and then to death by probable suicide, leaving his family and assorted creditors to grab what they could of his insolvent estate.]
Published: Feb 5, 2020