Rhode Island’s success in the trade and …

Years: 1765 - 1765
Rhode Island’s success in the trade and ownership of slaves by the mid-eighteenth century gives direct rise to one of America’s first business cartels.

Spermaceti, oil produced by the sperm whale, is used in the eighteenth century to produce a superior candle.

The United Spermaceti Candle Making Company is founded in Newport and its founding partners include the Brown brothers of Providence, Aaron Lopez and Jacob Rodriguez Rivera of Newport.

The company controls the American market in the production and distribution of spermaceti candles.

The candle factories are located in both Providence and Newport and the labor force includes many slaves.

Ironically, the founding partners will later become most famous for being the early contributors to Brown University in Providence and Touro Synagogue in Newport, the oldest existing synagogue in North America.

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