The Duration of Book Credit in Colonial New England

Account books show that merchants frequently used book credit in exchanges with consumers. The ability of credit to act as a substitute for currency in payments depends on the terms attached to the credit, such as its duration. To investigate duration more systematically, the author employs life table analysis and the singulate mean age at marriage, methods commonly used in demography, to analyze debt records from eighteenth-century Connecticut and Massachusetts. He arrives at expected duration estimates in excess of those in the literature. Given the expected duration, book credit seems to be a good substitute for other forms of payment. If this is so, a major revision of literature on colonial monetary matters may be in order.     

The Spanish Philippines: Archaeological Perspectives on Colonial Economics and Society

When scholars consider Spanish colonialism in the Philippines their impressions are based largely on documentary evidence of their 377-year colonial presence and on romanticized impressions of the larger Spanish empire. In the New World, wherever Europeans settled, there is a clear break in the archaeological sequence of pre-Columbian cultural traditions. In the systemic context these changes continue to be evidenced in architectural style, city plan, and diet. Today, however, archaeologists working in Luzon, Cebu, and Mindanao are revealing vast differences between the nature of Spanish colonialism in the Philippines and that seen in the Americas. There, the remoteness of the colony from Europe, combined with its geographical position on the doorstep of China, created a unique Spanish colonial adaptation that reveals the significance of Asia in the world economic order.     

Building a New Jerusalem: The Meaning of a Group of Merchant Houses in Seventeenth-Century Newcastle upon Tyne, England

The political and religious symbolism of buildings is of enduring interest in historical archaeology. Similarly, ideal concepts in urban planning, and utopian communities have been of recent concern. This paper moves beyond iconography and ideology to examine how a new, post-Civil War English elite tried to implement a policy of reforming their town as a New Jerusalem. A group of merchant houses reveals an attempt to build Scripture into the physical environment, and establish the elite as Elect “watchmen” over the lives and souls of the townspeople. Contemporary sermons are integral to the analysis, as are the agency and inter-relationships of a tightly-knit social group.