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Gold and silver Quote by Edward E. Baptist

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““Once all the gold and silver had been thoroughly stolen, the empires found even greater sources of wealth by laying a belt of plantation colonies from Brazil north to Virginia. Many were small in size, but all were huge in economic and political significance. In 1763, in the first Treaty of Paris, France traded all of Canada for the island of Guadeloupe.4 What was made on such islands, and what made much of Europe’s new wealth before 1807, was sugar. The Portuguese brought sugarcane to Brazil at the beginning of the sixteenth””

Edward E. Baptist

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