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Morice at the Peak, 1720–1727

In: The Prince of Slavers

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  • Matthew David Mitchell

    (Sewanee: The University of the South)

Abstract

The documentation for three voyages by Morice’s ships in 1721 shows the inner workings of his multiple-ship strategy during his period of greatest commercial success and upward social mobility. On the other hand, marine insurance records indicate that the strategy, though less expensive than the RAC’s system of trading posts, still tied up a great deal of capital, causing Morice to seek additional financing through creative and illicit means. All the while, Morice enjoyed increasing favor in English society, culminating in his purchase of a country estate and his election as Governor of the Bank of England. The ultimate cost of his upward mobility was paid in the relentless commodification of the thousands of Africans forcibly transported on his ships.

Suggested Citation

  • Matthew David Mitchell, 2020. "Morice at the Peak, 1720–1727," Palgrave Studies in the History of Finance, in: The Prince of Slavers, chapter 0, pages 131-184, Palgrave Macmillan.
    • Handle: RePEc:pal:psitcp:978-3-030-33839-8_5
    DOI: 10.1007/978-3-030-33839-8_5
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