MGMT 1030 Lecture 45: MGMT 1030 Lecture 45
9 May 2018
School
Department
Course
Professor
MGMT 1030
Lecture 45
The Staples Economy and British Colonial Preferences
American Revolution and Napoleonic Wars stimulated British demand for
colonial timber
Traditional sources of British timber were the Baltic Sea nations
high cost of trans-Atlantic transport made North American timber
uncompetitive most Baltic ports closed to British ships after 1805
Colonial preferences instituted for colonial timber
1809—tariff of 27 shillings per load of Baltic timber; tariff of 2 shillings per
load of British colonial timber
1821—tariff of 55 shillings per load of Baltic timber; tariff of 10 shillings per
load of British colonial timber these rates applied until 1841
timber exports from New Brunswick exploded as a result of these
preferences
New Brunswick timber exports to Britain increased from 5,000 tons in 1805
to 420,000 tons in 1825
82% of all exports from New Brunswick were forestry-related in 1853
British timber markets gradually replaced by American timber markets after
colonial preferences removed in the 1840s
The National Policy and Canadian Industrial Development
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Document Summary
American revolution and napoleonic wars stimulated british demand for colonial timber. Traditional sources of british timber were the baltic sea nations high cost of trans-atlantic transport made north american timber uncompetitive most baltic ports closed to british ships after 1805. 1809 tariff of 27 shillings per load of baltic timber; tariff of 2 shillings per load of british colonial timber. 1821 tariff of 55 shillings per load of baltic timber; tariff of 10 shillings per load of british colonial timber these rates applied until 1841 timber exports from new brunswick exploded as a result of these preferences. New brunswick timber exports to britain increased from 5,000 tons in 1805 to 420,000 tons in 1825. 82% of all exports from new brunswick were forestry-related in 1853. British timber markets gradually replaced by american timber markets after colonial preferences removed in the 1840s. Federal government secured 60% of its revenue from tariffs between 1867 and.
