History-Notes on PJ 92-108

History-Notes on PJ 92-108 - Paul Johnson Pgs. 91-108 1....

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Paul Johnson Pgs. 91-108 1. Act of 1699 a. no shipment of wool, cloth, or yarn 2. Act of 1732 a. No shipment of hats 3. Shipping grounds a. New England was turning around ships faster and cheaper i. 20-50 % cheaper 4. Fishing a. Fishing was easy with cheap ships. b. Many men were on the fishing grounds Pg. 93 “The fact is, though America’s was largely and agricultural economy, far more so than Britain’s, it was stealthily catching up in manufactures of all sorts.” 1. Governors underestimated the goods of production and output. a. Locally favored 2. Even Ben Franklin wanted to play down how well the colonies were doing a. They equally were as good as England but didn’t want to gain restrictions Pg. 94 “In any case, the British economic strategists- if that is not too fancy a name for classically educated Whig country gentlemen advised by a handful of officials who had never been to America (or, in most cases, to the Continent even)-were slow to grasp the speed that the American colonies were maturing.” 1. America had 500% expansion in less than 50 years.
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History-Notes on PJ 92-108 - Paul Johnson Pgs. 91-108 1....

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