Publisher's Synopsis
Drawing on documents newly culled from American, British, and French archives, the author shows how the French alliance, naval operations in the Atlantic and Caribbean, military operations in North America, and the policies of state and continental authorities contributed to the collapse and then revival of the revolutionary economy. Buel places the American economy in international context and discusses how both Spain and France created the conditions-though sometimes inadvertently-that bolstered the economic survival of the infant republic.