Lot 3
The Boston Evening Post. Boston, MA: August 26, 1765. No. 1563. 4pp, 9.5 x 15.75 in.
A Colonial American newspaper printed during the same year as the passage of the Stamp Act in the British American Colonies. This issue contains a lengthy, detailed front page essay comprised of two columns of text explaining and supporting the British Mercantile System of Economics as it relates to the British American Colonies. This Mercantile System would ultimately lead to the Revolutionary War.
Mercantilism, a national economic policy designed to maximize the exports of a nation, dominated modernized parts of Europe from the 16th to 18th centuries. British mercantilism, with respect to its colonies, meant that the government and the merchants became partners with the goal of increasing political power and private wealth to the exclusion of other empires. It taught that trade was a zero-sum game, with one country's gain equivalent to a loss sustained by the trading partner. Overall, however, mercantilist policies had a positive impact on Britain, helping turn it into the world's dominant trader and global hegemon.