Providence Washington Insurance Company Quotes


Be it resolved that no insurance is to be made on behalf of this company upon any vessel, or property laden therein, for the purpose of carrying on the Slave Trade.


Context

Original is at the Rhode Island Historical Society. This is one of the earliest, if not the earliest examples of private enterprise taking a moral stand against slavery and backing it up with a type of boycott. This company is still selling insurance. Later in that year, a law was passed making it illegal to insure slave ships. See {612698}.


Citations

Providence Washington Insurance Company, Providence, Rhode Island, Directors’ Resolution, 1799

Sourced by: Eigen's Political and Historical Quotations

Linked Quotes

Prior to 1799 it was common for Slave Ship owners to insure their cargo, the life of the slaves. Without such insurance the slave trade was a very risky business. There were cases of captains murdering “difficult” slaves and collecting the insurance on them and the most horrible of all, throwing lots of slaves overboard to avoid arrest by those countries which had outlawed the slave trade, and then collecting insurance on the dead “cargo.” One insurance company simply refused to write insurance on slave ships. See {622020}.


Related Quotes
No Photo Available
  • Born:
  • Nationality:
  • Profession: