1692 · Caribbeanyear only
The wealth of the Americas moves to the sugar islands
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Around the end of the seventeenth century the money in the Americas moved. For most of the two hundred years since Columbus, the wealth Europe drew from the hemisphere came out of the ground in Mexico and Peru, in silver dug by conscripted indigenous labour. By the 1690s the largest returns were coming from sugar grown on the Caribbean islands and along the coast of Brazil. Sugar demands land, mills, capital and an enormous supply of workers who can be compelled, and the plantation complex that supplied all four expanded through the Atlantic basin at once. This relocation is the reason the slave trade reached the size it did. Silver mining drew on indigenous labour drafts organised in place. Sugar drew on Africans bought across an ocean and shipped in, and it consumed them fast enough to require permanent replacement. Every feature of the eighteenth century Caribbean, including the colony that became Haiti, follows from the centre of gravity moving off the mainland mines and into the island cane fields.