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The Decay of Trade

An Economic History of the Newfoundland Saltfish Trade, 1935—1965

By David Alexander
Categories: Atlantic Canadian Studies, Economics, Fisheries, Newfoundland And Labrador Studies, Policy And Politics
Series: Social and Economic Studies
Series Number: 19
Hardcover : 9780919666160, 173 pages, April 1977


A detailed enquiry into the decline of a once-great industry situated on one of the world's richest fishery banks. The impact of post-war international monetary and trade factors, the growing continental orientation of Canadian economic policies, political tensions within and between Newfoundland and Canada, persistent problems of high unemployment, low incomes and the loss of production to foreign fishing fleets, all contributed to the trade's collapse.


A very readable and interesting account of the Newfoundland saltfish trade during what appeared to have been the period of its demise. .. [This book] adds greatly to our knowledge of the Newfoundland saltfish industry.

- Roy George, Histoire Sociale/Social History

As a sharp criticism of federal development policies and as a history of a declining traditional industry in a marginal economy, the book makes a valuable contribution.

- Douglas McCalla, The Journal of Economic History