Page 121 - American Stories, A History of the United States
P. 121

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                                                BoSToN HarBor this engraving of a work by William burgis depicts the port of boston at mid-century.




                                                birth of a consumer society
                                                After midcentury, Americans began buying more English goods than their parents
                  consumer revolution  Period   or grandparents had done, giving birth to a consumer revolution. Between 1740 and
                  between 1740 and 1770 when    1770, English exports to the American colonies increased by an astounding 360 percent.
                  english exports to the American   In part, this new American market shift reflected a transformation in the British
                  colonies increased by 360 percent   economy. The pace of the British economy picked up dramatically after 1690. Small
                  to satisfy Americans’ demand for
                  consumer goods.               factories produced certain goods more efficiently and more cheaply than the colonists
                                                could. The availability of these products altered the lives of most Americans, even those
                                                with modest incomes. Staffordshire china replaced crude earthenware; imported cloth
                                                replaced homespun. Franklin noted in his Autobiography how changing consumer
                                                habits affected his life. For years, he had eaten his breakfast in an earthenware bowl
                                                with a pewter spoon, but one morning it was served “in a china bowl, with a spoon of
                                                silver.” Franklin observed that “this was the first appearance of plate and china in our
                                                house which afterwards in the course of years, as our wealth increased, augmented
                                                gradually to several hundred pounds in value.” In this manner, British industrialization
                                                undercut American handicraft and folk art.
                                                    To help Americans purchase manufactured goods, British merchants offered gen-
                                                erous credit. Colonists deferred final payment by paying interest on their debts. The
                                                temptation to acquire English finery blinded many people to hard economic realities.
                                                They gambled on the future, hoping bumper crops would reduce their dependence
                                                on the large merchant houses of London and Glasgow. Some persons lived within
                                                their means, but the aggregate American debt continued to grow. Colonial leaders
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