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This is a discussion of such subjects as why Charleston became the metropolis of the lower South in the colonial era, the trade territory of Charleston and by what business organization this territory was bound to the city, how the overseas commerce of the city was conducted, how British policy in the closing years of the colonial period affected the commercial classes of Charleston, and what action these classes took and with what results. Originally published in 1934. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.