The Fortunes of War
The Fortunes of War
This chapter discusses the economic impact of prize-making by both privateers and the Royal Navy on Atlantic Canada. It considers the following factors: commercial warfare; blockades; compulsory convoys; the risks of insuring trade and the risks of securing trade to confirm that American trade was choked by privateering and prize-making, which led to the complete collapse of the American war effort. The author concludes that the war was a futile military exercise, but a successful war against maritime trade.
Keywords: Naval Prize-making, Naval Blockades, Maritime Privateering, Maritime Warfare, Royal Navy
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