Maritime Fur Trade. Leadership: First Nations and European Relationships. Take aways …. Compare and contrast the maritime and land fur trade. Uncover our original impressions of first nations peoples in the fur trades.
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Leadership: First Nations and European Relationships
What are your impressions of the role first nations peoples played in the fur trades (maritime and land)?
The situation reversed in the early 19th century for a variety of reasons. Western demand for Chinese goods declined relative to new options (for example, coffee from the West Indies began to replace tea in the United States), while Chinese demand for Western items increased, such as for English manufactures, American cotton goods, and opium which was outlawed but smuggled into China on a large and increasing scale.
Before long, China was being drained of specie and saturated with Western goods. At the same time, there was intense speculation in the China trade by American and British merchant companies. By the 1820s, too many firms were competing for an overstocked market, resulting in bankruptcies and consolidation.
The inevitable commercial crisis struck in 1826–27, after the Panic of 1825. Tea prices plummeted and the China trade's volume collapsed by about a third. By this time, the old maritime fur trade on the Northwest Coast and the Old China Trade itself were dying. The final blow came with the depression of 1841–43, following the Panic of 1837.”
Look at your original impressions brainstorm.
What is an ongoing event or traditional practice that you would take action to preserve?
Think of a person who took action to maintain his/her community’s identity or culture….