..


Wednesday, September 13, 2017

EARLY AMERICAN COLONIAL TRADE--Currency, Money, Credit--hudson's bay company



Exchange among Native Americans and Europeans before 1800
Ann M. Carlos, University of Colorado Boulder
Frank D. Lewis, Queen’s University
Kingston, Ontario K7L 3N6, Canada



http://www.economichistory.ca/pdfs/2012/carlos-lewis.pdf


Trade: Silver, silica, copper, obsidian.
Sea shells as money out West; wampum, beads, East.
Boiled bones for pemmican,;
Pottery


Baugh and
Ericson document in Prehistoric Exchange Systems in North America.





the Maritime
Peninsula, comprising the Canadian Maritime provinces and parts of Quebec, New York, and
New England,



Exchange: broad based, focused--
Sedentary horticulturists of the Northern Plains--


Potlach--gift giving feast.


Hudsons Bay Company--the two year futures market--
The furs sold in London were exchanged in North America for trade goods that
the company had purchased at least two years earlier.