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Essay's paper info
| Topic: |
Book Reports
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| Number of pages / Number of words: |
9 / 2366 |
Essay's paper body
First, the revolutionary
government took a share of the profits from the sale of any cargo captured by a
commissioned privateer. The percentage ranged from ten to as much as forty
percent, depending on the nature of the cargo. This provided the then cash-
starved government with considerable revenue, with little to no overhead...
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It
cost the government virtually nothing to issue a commission, and the financial
rewards were great. Second, these privateers disrupted the enemy's trade and
sometimes even captured British military transports and supply ships. This
system helped the government financially and strategically, while affording the
privateer great economic benefits...
Essay fragment
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