Sugar Plantations
Cuba failed to prosper before the 1760s due to Spanish trade regulations. Spain had set up a trade monopoly in the Caribbean, and their primary objective was to protect this, which they did by barring the islands from trading with any foreign ships. The resultant stagnation of economic growth was particularly pronounced in Cuba because of its great strategic importance in the Caribbean, and the stranglehold that Spain kept on it as a result.
As soon as Spain opened Cuba's ports up to foreign ships, a great sugar boom began that lasted until the 1880s. The island was perfect for growing sugar, being dominated by rolling plains, with rich soil and adequate rainfall. By 1860, Cuba was devoted to growing sugar, having to import all other necessary goods. Cuba was particularly dependent on the United States, which bought 82 percent of its sugar. In 1820, Spain abolished the slave trade, hurting the Cuban economy even more and forcing planters to buy more expensive, illegal, and troublesome slaves (as demonstrated by the slave rebellion on the Spanish ship Amistad in 1839).
Read more about this topic: History Of Cuba
Famous quotes containing the words sugar and/or plantations:
“They give us a pair of cloth shorts twice a year for all our clothing. When we work in the sugar mills and catch our finger in the millstone, they cut off our hand; when we try to run away, they cut off our leg: both things have happened to me. It is at this price that you eat sugar in Europe.”
—Voltaire [François Marie Arouet] (1694–1778)
“The greater speed and success that distinguish the planting of the human race in this country, over all other plantations in history, owe themselves mainly to the new subdivisions of the State into small corporations of land and power.”
—Ralph Waldo Emerson (1803–1882)