?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 1,000 - $ 1,500
British Act of Parliament. An Act for Extending and Improving the Slave Trade to Africa. Pages [545]-563 [complete]. Folio, original self-wrappers; ex-library, with small inked stamp on the blank verso of the title. 23 George II. London, 1750
An exceedingly important act which vastly englarged the number of slaves taken from Africa. Established in 1662, the Royal Company of Adventures Trading to Africa was given exclusive rights to take slaves for the West Indian plantations. It functioned like most companies, issuing stock, etc. However, the beneficiaries of this grant were uniquely the Merchants of London. In 1672, it was reformed as the Royal African Company. In 1698 the trade was opened entirely and was not controlled. Finally, with this present act, the trade was to be completely free but the traders were to be incorporated under the name of The Company of Merchants Trading to Africa with the Crown charging forty guineas per ship. The Act caused the price of slaves to drop dramatically, thus making fortunes for many on both sides of the Atlantic. It was after this Act was introduced that the greatest number of slaves per year were taken.
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