Splendid Exchange, A

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Splendid Exchange, A Page 55

by Bernstein, William L

Bible, 34

  “big opium,” 298

  Bils, Mark, 372

  Birth of Plenty, The (Bernstein), 15

  Black Death, 133–35, 150, 399n20, 399n25

  animals killed by, 148

  black rat and, 133–34, 140, 142

  in China, 138, 139, 147

  as disease of trade, 139, 140, 142, 151

  history, 135

  hosts, 133

  and Muslim power, 150

  Muslims and Arabs infected with, 137–39, 142, 145

  population decline from, 144–46, 149

  protection against, 137–39, 150

  theories about, 144

  transmission, 136, 139, 140, 142, 150

  Black Sea, 35, 46, 48, 49, 51, 111, 112, 124, 125. See also Kaffa

  minerals in, 156

  slavery and, 125, 127

  boats. See also ships and vessels sewn-skin, 22

  Bogue, 284

  Bombay, 255–56, 290, 291, 294, 298

  Bosphorus, 47–52, 111, 123, 127, 246, 367–68, 370

  Boston Tea Party, 241, 242

  Brazil, 176, 187, 207, 208–10, 250, 268–70, 278, 379

  Bright, John, 308, 310, 311

  Britain. See England

  British East India Company. See East India Company

  British Empire, 254, 256

  bronze, 27

  Bronze Age, 29

  Brouwer, Henrik, 210

  Brunswick, 280, 281

  Buchanan, Patrick, 372

  Bukhara, 77

  Bülow tariff, 348

  Buyid Empire, 122, 123

  Byzantine Empire, 67, 68, 69, 73, 79, 81, 111, 124, 125, 138

  attacks on, 150

  Byzantium, 48, 51

  Cabral, Pedro Alvares, 176, 177, 178

  Café Florian, 247

  Café Procope, 247

  Cairo, 5, 7, 121, 127–29, 148, 159

  coffee and, 246

  spice trade and, 97, 111, 118, 190, 191

  Calcutta, 256, 290, 292

  Calhoun, John, 321

  calicoes, 254–56, 260–62, 274, 287

  Calicut, 94, 97, 108

  Vasco da Gama and, 109, 156, 170, 174

  Calle de Mercaderes (“Street of Merchants”), 202

  Cambay, 94, 104, 106

  camels, 12, 27, 54–59, 72, 73

  breeds, 55, 57

  domestication, 55–57, 65

  incense shipped on, 64

  Yersinia pestis and, 134, 140, 148

  Canada, 276, 371

  canal transport, 324, 326, 329–31. See also Suez Canal

  Canton, 79, 86–87, 96, 192, 264–65, 282, 292, 297.

  Canton System, 282, 284–86, 292, 295

  East India Company and, 282, 284–86, 295

  rules, 411n5

  Cape Verde Islands, 168

  caravanserais, 2, 58, 139, 140

  caravel, 158, 170

  Carey, Henry, 319–20, 323, 344, 372

  Carlisle, Earl of, 268

  Carlos I of Spain, King, 217

  cartaz system, 194, 195

  Carter Doctrine, 369

  Carthaginians, 21

  Castlereagh, Lord, 306

  Catherine of Braganza, 256, 265

  cattle, 13–14, 29, 56

  Cauwès, Paul-Louis, 344

  Ceuta, 157

  Chamberlain, Joseph, 344

  charcoal. See coal

  Charles II, 255–56, 265, 273

  Charles VIII, 165

  Charles X of Sweden, 234, 239

  Charter Act of 1793, 284

  Chase, Andrew, 333

  Chau Ju-Kua, 86, 87

  Chaudhuri, K. N., 392n4

  Chaul, 52, 53, 180

  Chevalier, Michel, 314, 315, 339, 343

  Chicago, 331, 333, 339

  Chicago North Shore Railway, 361

  Child, Josiah, 224, 255–57, 260, 261, 282, 294, 367

  China, 86–87, 413n37.

  barriers between East and West in, 285

  Ibn Battuta and, 83, 94

  Islam in, 91

  Japan and, 192. See also “great ship trade”

  low profile of traders west of Malacca, 99

  luxury products of, 90

  metals and, 42

  military technology, 98, 284

  Ming dynasty, 52, 99, 149, 192, 202, 282

  Muslim and Arab trade with, 75, 79, 81, 87, 117

  opium and, 287

  plague in, 138, 139, 147

  Roman trade with, 2–5, 8, 42, 78

  silk and, 1, 2, 8, 40, 90, 204

  taxation, 83

  tea and, 83, 264–65, 280, 287, 289–90, 294

  treasure fleets, 100

  Chinese barbers/bloodletters in Mexico City, 198, 199, 202

  Chinese junks, 75, 87, 94, 95, 97, 98, 235

  Chios, 160

  choke points, maritime, 43, 49, 52, 105, 107, 111, 185, 239, 367–68, 370, 371

  Christians

  Abyssinian, 69

  “Indian,” 173

  Muslims and, 68, 70, 76, 81, 196

  Chu-Fan-Chi: “A Description of Barbarous Peoples,” 86

  cinnamon, 34, 60, 110, 111, 116, 127, 152, 166, 176–79, 189–90, 232

  Circassia, 336

  Clay, Henry, 319, 322, 323, 372

  Clement IV, Pope, 78

  Clement VIII, Pope, 246

  Clifton, William, 293

  Clinton, William Jefferson, 364

  clipper ships, 293–95, 298, 327, 328, 330.

  See also opium clippers

  Clive, Robert, 283

  cloth, 106, 252, 274. See also fabric ban on importation of plain Indian, 262

  cloves, 110–13, 116–117, 127, 152, 176, 179, 185, 188, 192, 227–30, 237

  coal, 316

  Cobden, Richard, 17, 307–11, 313–15, 339, 343

  Cobden-Chevalier Treaty, 314, 315, 339, 343

  Cochin, 177–79, 181, 183

  Coelho, Nicolau, 174

  Coen, Jan Pieterszoon, 228–30, 235

  coffee, 243–51, 265, 278

  Catholicism and, 246

  Islam and, 245–46, 249, 251

  moral issues and taboos against, 245

  coffeehouses, 245, 246, 249. See also Café Florian and Café Procope

  coins, 10–11, 19, 111, 198–99, 211–12.

  See also currency

  Coke, Roger, 258, 259

  Colbert, Jean-Baptiste, 239

  collective action, logic of, 358

  Columbian exchange, 9, 12

  Columbus, Bartholomew, 161, 165

  Columbus, Christopher, 12, 160–68, 170, 187, 199, 401n17

  Magalhães compared with, 186, 187

  second voyage, 12

  Commerce Clause of Article I in Constitution, 360

  Common Agricultural Policy, 361

  communism, 348

  Comnenus, Manuel, Emperor, 154, 158

  Compagnie du Nord, 239

  Company of Far Lands, 218–19, 220. See

  also Far Lands expeditions

  comparative advantage, law of, 18, 305

  compass, magnetic, 47, 79, 98, 172

  Compromise Tariff of 1833, 322, 323

  Confucianism, 99, 102

  Conrad, Joseph, 317, 328, 419n28

  Constantinople, 73, 77, 87, 246

  Byzantines and, 125

  Dandolo’s conquest of, 120, 124

  fall of Latin kingdom of, 124

  Ottomans and, 129

  plague at, 136

  Venetians and, 120

  Constitution, U.S., 360

  containers and containerization, 350, 351, 423n49

  Conti, Niccolò de’, 152

  Continental System, 284

  Cooper, Lord Ashley, 311

  copper and copper ore, 16, 20–21, 25–30, 32, 42, 234, 237, 264, 287, 316

  copper-grain trade, 25, 26

  coral, red, 42, 111, 304

  Corcyra, 50

  coriander, 112, 113

  Corinth, 46, 47, 49, 5
0

  corn, 14, 199. See also grain

  corn laws, 300–302, 381

  anti-Corn Law activism, 306–12. See also Anti-Corn Law League

  Corn Law of 1804, 303

  Corn Law of 1815, 306, 307

  repealed, 312–15, 343, 382

  Cornwall, 27, 42, 316, 318

  corporations, publicly held joint-stock, 199

  Cortés, Hernán, 13,131

  cotton, 111, 235, 240, 243, 252–65, 287, 294, 299–300, 308. See also fabric

  cotton gin, 263

  Courteen, William, 268

  Covilhã, Pero da, 159, 160, 175

  Cowasjee, Framjee, 291

  Cox, John Henry, 291

  Crivijaya, 105

  Cromwell, Oliver, 238

  crusades, 76, 118–20, 123–24, 127, 153

  Cullen, William, 334

  currency, 19, 29, 96, 199, 211–12. See also “money”

  Cyprus, 42, 74, 146, 147

  da Piazza, Michele, 142

  dairy production, 278, 346, 347

  Damietta, 153

  Dandolo, Enrico, 119–20, 124

  Dardanelles, 111

  Darius the Great, 35

  Davenant, Charles, 258

  Davis, David Brion, 274

  de’ Mussi, Gabriele, 140, 143, 146

  Defoe, Daniel, 255

  degradados, 174

  Dehli, 93

  DeLong, Bradford, 373

  Democratic vs. Republican tariff policies, 349–50, 362

  denarii, 64

  Denison, Edward, 373, 375

  Denmark, 239, 346

  deserts, 58

  Deshima, 234

  developing world and free trade, 363–65, 373–76, 378, 379

  dhows, 98

  Diaz, Bartholomew, 9, 117, 129, 159–60, 164, 169, 170

  Dilmun, 26, 29

  Dioscordia, island of, 2. See also Socotra disease equilibration, 133

  Disraeli, Benjamin, 312

  Diu, 52, 53

  diwani, 283, 287, 300

  Doha Round of GATT talks, 364, 365

  donkeys, 24, 31, 56

  Drake, Francis, 197, 214–16, 222

  dromedary camels, 55, 57

  dumping, 207, 240, 241, 367

  anti-dumping legislation, 382

  Dunn, Richard S., 272

  Dutch East India Company (VOC), 9, 115, 198, 208, 210, 211, 212, 217, 225, 227–30, 232, 234–37, 243, 249, 251

  assault on Lonthor, 230

  Moluccas and, 237

  Spice Islands and, 226, 229–32, 234

  tea and, 265

  “Dutch finance,” 221, 223

  Dutch Jews, 198, 208, 209, 268

  Dutch West India Company (WIC), 198, 208, 209, 268. See also West India Company

  duties. See free trade; taxation

  Ea-nasir, 26–27, 29

  East India Company (EIC), 215–16, 221, 222, 225, 227, 229, 230, 232, 236, 241–43, 249–66, 280–295. See also Dutch East India Company; VOC

  Adam Smith on, 283

  Canton System and, 282, 284–86, 292, 295

  coffee and, 243, 249, 250

  cotton, fabric, and, 253–61, 263, 287

  decentralization, 225

  England and, 224

  Indian textiles and, 264

  James Lancaster and, 217

  opium and, 288

  Portuguese and, 213

  tea and, 241, 242, 264–67, 287

  textile imports and, 243

  vs. VOC, 225, 229

  Eastman, Timothy, 333–34, 336

  economics. See also specific topics

  “classical,” 340

  “nationalist,” 344

  Edens, Christopher, 30

  Edessa, 154

  Egypt, 7, 31–37, 46, 62, 119–29. See also Fatimids; Mamluks

  Greeks’ purchase of wheat from, 46

  plague in, 147

  pre-Ptolemaic, 31

  taxation, 149

  Venetian trade with, 120

  Ehrenkreutz, Andrew, 127

  Elagabalus, 1–2, 8

  elephants, 36, 38, 40

  Elizabeth I of England, Queen, 205, 214, 215, 216, 219, 220, 254

  Elliot, Charles, 296, 297

  Endara, Guillermo, 371

  endogeneity problem, 425n15

  England, 214–15, 240, 243

  coffee and, 248, 249

  control over shipping lanes in 19th century, 43

  cotton, fabric, and, 254–56, 259–64, 287

  mills, 416n84

  plague in, 145

  Revolutionary Settlement of 1689, 248

  silk in, 254–55, 257, 261

  sugar and, 205, 267

  taxation, 241

  tea and, 241, 242, 264–67, 287

  English East India Company. See East India Company

  Erie Canal, 320, 326, 330

  Eskender, King, 159

  Estado da Índia, 181, 189, 190, 193, 195–97, 208

  Eudoxus of Cyzicus, 38

  Eugenius IV, Pope, 152

  eunuchs, 100, 102

  Euphrates River, 16, 21, 24, 25, 30, 31, 44, 75, 89

  European Community, 361

  fabric, 1–2, 252–54. See also cloth; cotton, linen, silk, wool

  East India Company and, 253–61, 263, 287

  “fair trade,” 345

  Falerio, Ruy, 187, 189

  Fanjul, Alfonso (“Alfie”), 363, 364

  Fanjuls, 363, 364

  Far Lands, Company of, 218

  farmers, 363. See also agriculture; crops; grain

  fashion, 253, 254, 255, 257, 259, 261, 263, 266

  Fatimid Empire, 5–7, 76, 117, 118, 121, 122, 123, 128

  fall of, 145–51

  Ferdinand, King of Spain, 164, 166, 168

  Fertile Crescent, 27, 29, 58, 59, 61, 65, 66, 135, 138, 150

  Fiat, 352, 354

  Fitch, Ralph, 216

  fleas and the plague, 133, 134, 136, 139–40, 143, 147, 148, 150

  Flo-Sun, 363

  fluitschip (“flute ship”), 226

  “Force Bill,” 322, 323

  Fordney-McCumber Tariff, 350, 351, 353

  Fort Zeelandia, 235

  forty bale theory, 321

  fractional shares in Holland, 223, 224

  France, 27, 28, 239–40, 314–15, 343–45, 352

  Franco-Prussian War, 343, 344

  frankincense, 59–61, 62, 64, 65, 66, 70. See also incense

  free trade, 15, 16, 17, 229, 243, 254, 258, 384–85, 415n65

  Adam Smith on, 282, 292, 294, 304, 319, 338–39, 347

  assessing its impact on economy, 425n15

  David Ricardo on, 304–7, 313, 315, 319, 338

  nations open and closed to, 373

  overestimation of economic benefits, 372–73, 375

  underestimated intangible rewards of, 376

  who benefits and who loses from, 338–65, 377

  Free Trade Act of 1989, 381

  Frey, Don, 28

  Funchal, 207

  funduqs (warehouses), 125, 127, 128

  futures market, 223

  Gage, Thomas, 202

  galleon, Manila, 202, 203, 204, 210

  Gama, Duarte da, 193

  Gama, Paulo da, 174, 176

  Gama, Vasco da, 9, 17, 74, 76, 103, 109, 129, 156

  Cabral and, 177

  India fleet, 178

  Indian Ocean and, 74

  violence and brutality, 174, 177

  voyage of 1497–1499, 109, 129, 156, 169–70, 172–76, 190

  voyage of 1502–1503, 178

  Gandhi, Mahatma, 363

  Garonne River, 27

  Garrett, Geoffrey, 379

  Gaza, 64

  General Agreement on Tariffs and Trade (GATT), 357–59, 362–65, 373

  Genghis Khan, 90, 91

  Geniza papers, 5

  Genoa, 77, 146, 156

  slave trade and, 111, 127

  Venice and, 77, 106, 111, 112, 117, 119, 125, 127, 156, 160


  genocide, 166

  Germany, 310, 343, 347–49, 352, 362

  Gerschenkron, Alexander, 347

  ghazu (raids), 67, 72

  ghost ships, 7

  Gilbraltar, 21, 27, 28, 52, 53, 74, 142, 156, 232, 239

  giraffes, 102

  Gladstone, William, 298, 314

  global warming, 371

  globalization, 10, 14, 15, 199, 367, 377, 378, 381, 382

  elements of, 242

  periods in the history of modern, 359

  risks of, 340

  Glorious Revolution of 1688, 248, 260

  Goa, 17, 181, 191, 211, 288

  gold, 10–11, 41–42, 82, 157, 158, 180, 221, 234, 260, 273

  equated with wealth, 257, 258

  Golden Hind, 215, 216

  Golden Horde, 125, 130

  Gossypium hirsutum, See cotton.

  grain, 73, 345. See also corn; corn laws

  Greece’s importing of, 43

  metals exchanged for, 25, 26, 29. See also metals

  shipping, 90, 340

  transport costs, 324, 325, 340

  granite, 28

  Great Bitter Lake, 36, 37

  Great Depression, 338, 354, 355

  Great Lakes, 326, 330

  “great ship” trade, 193

  Greater Antilles, 267–68, 269

  Greece

  ancient, 44

  dependence on imported grain, 43

  barley production, 46

  geography, 44, 51

  soil, 44, 46

  Greek merchants, Ptolemaic, 38

  Greeks, 35, 48. See also Athens

  Groom, Nigel, 62, 66

  gross domestic product (GDP), 349, 354, 373–75, 380, 383, 384

  Grotius, Hugo, 229

  ground transport. See land transport

  Gujarat and Gujaratis, 104, 105, 106, 173, 180, 181, 194, 212, 231, 232, 252, 253, 290

  Gulf of Corinth, 47

  Gulf of Suez, 36, 37, 181

  Gutzlaff, Karl Friedrich August, 292, 295, 296

  Habsburg Empire, 190, 217

  hadith, 71

  Hairun of Ternate, Sultan, 196

  hajj, 69, 72, 73, 97, 147, 178, 182

  Halley, 329

  Hamilton, Alexander, 268, 319, 372

  Han Empire, 4, 11, 16, 30, 42, 78, 113, 116, 134, 150, 200

 

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