The slave trade
and the Atlantic economies 1451-1870
83
- Douglas C. North and Robert Paul Thomas, The Rise of the Western World: A New
 Economic History, p. 18. Cambridge University Press, 1973.
- Ralph Davis, 'English Foreign Trade, 1700-1774', Economic History Review, 2nd ser.,
 Vol. XV, 1962, p. 290.
- Phyllis Deane and W. A. Cole, British Economic Growth, 1688-1959, 2nd ed. Table 2,
 p. 6, Cambridge University Press, 1967.
- Ralph Davis, The Rise of the English Shipping Industry in the Seventeenth and Eighteenth
 Centuries, p. 393, London, Macmillan, 1962.
- François Crouzet, 'Wars, Blockade, and Economic Change in Europe, 1792-1815',
 Journal of Economic History, Vol. XXIV, No. 4, December 1964, p. 568.
- Crouzet, op. cit., p. 569.
- James F. Shepherd and Gray M. Walton, Shipping, Maritime Trade, and the Economic
 Development of Colonial North America, p. 44, Cambridge, Cambridge University
 Press, 1972.
- Shepherd and Walton, op. cit., p. 25.
- D. C. North, The Economic Growth of the United States, 1700-1860, Englewood Cliffs,
 N.J., Prentice-Hall, 1961.
- Henry A. Gemery and Jan S. Hogendorn, 'The Atlantic Slave Trade: A Tentative
 Economic Model', Journal of African History, Vol. XV, No. 2, 1974, p. 229, quoting
 C. Padro, Jr, The Colonial Background of Modern Brazil, p. 19, Berkeley, Calif.,
 University of California Press, 1967.
- K. G. Davies, 'Empire and Capital', p. 107.
- Gemery and Hogendorn, op. cit., p. 229-31. For some other aspects of the slave-labour
 issue, see Robert P. Thomas and Richard N. Bean, 'The Adoption of Slave Labour
 in British America' (paper presented to the Mathematical Social Science Board
 Seminar at Colby College, Waterville, Maine, 20-22 August 1975.
- Robert W. Fogel and Stanley L. Engerman, Time on the Cross: The Economics of
 American Negro Slavery, p. 192, London, Wildwood House, 1974.
- Ralph Davis, A Commercial Revolution, English Overseas Trade in the Seventeenth
 and Eighteenth Centuries, p. 10, London, Historical Association, 1967. Professor
 Davis shows that the large reduction in the prices of the products brought them
 within the reach of more consumers and made them 'near-necessities rather than
 luxuries '.
- For the points made here, See W. E. Minchinton (ed.), The Growth of English Overseas
 Trade in the 17th and 18th centuries, London, Methuen, 1969, Chapters 2 and 3 by
 Ralph Davis on English foreign trade, 1660-1774, and Chapter 5, by H. E. S. Fisher,
 on Anglo-Portuguese Trade, 1700-70. See also Allan Christelow, 'Great Britain
 and the Trades from Cadiz and Lisbon to Spanish America and Brazil, 1759-
 1783', Hispanic American History Review, Vol. XXVIII, No. 1, February, 1948,
 Part 2; and Jean O. McLachlan, Trade and Peace with Old Spain 1667-1750, Cam-
 bridge, Cambridge University Press, 1940.
- Walter Rodney, How Europe Underdeveloped Africa, p. 103-12, London and Dar
 es Salaam, Bogle-L'Ouverture Publications, 1972; Henry A. Gemery and Jan
 S. Hogendorn, 'The Economic Costs of West African Participation in the Atlantic
 Slave Trade: A Preliminary Sampling for the Eighteenth Century' (paper presented
 to the Mathematical Social Science Board Seminar at Colby College, Waterville,
 Maine, 20-22 August 1975); H. A. Gemery and J. S. Hogendorn, 'Technological
 Change, Slavery, and the Slave Trade', forthcoming in C. J. Dewey and A. G.
 Hopkins (eds.), Studies in the Economic History of India and Africa, London,
 Athlone Press, in press; A. G. Hopkins, An Economic History of West Africa,
 London, Longman, 1973.