CHAPTER 5 Traders and Trading The southern Indian trade was a complex economic enterprise, and the primary aim of all Indian traders was to make a profit by procur- ing deerskins for British markets. The flow of goods to the Indian country and hides to overseas markets required a variety of skills, talents, and of course, capital. The years following the Yamasee War witnessed the de- velopment of fairly standard trading procedures by backcountry merchants and traders, methods that were designed to minimize difficulties and maxi- mize profits from the deerskin trade. Colonial squabbling and jealousy in- hibited the development of an organized bureaucracy designed to oversee the trade, and there were no imperial regulations until relatively late in the colonial period. What developed instead, through a scattering of rules and regulations, was a de facto system that was supported by the leading Indian merchants and traders. Traders were granted licenses by South Carolina, and later Georgia, to trade at specific Indian towns. In turn, they posted bond and agreed to abide by various regulations established by the colony of their legal residence. Traders' conduct was subjected to cursory review by officials from both colonies, but for the most part, traders were left alone to do business. After 1763, the removal of the French, a rising colonial popula- tion, and the overthrow of colonial regulations by the British government disrupted--but did not end--established trading procedures. The time- honored methods of trading conduct established in the years following the Yamasee War outlasted both the British occupation and the deerskin herds of the American Southeast. In general, those involved in the trade fell into the following categories: wholesale merchant, retail storekeeper, resident trader, packhorseman, boat- -81- |