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No Purchase, No Pay
"No purchase, no pay" (or "no prey, no pay") was a phrase used by pirates and privateers, of the 17th century in particular, to describe the conditions under which participants were expected to join expeditions or raids. The phrase describes a remuneration arrangement similar to a commission. Meaning The term "purchase" in the phrase is used to mean success against piratical targets from whom booty might be successfully extracted. The premise of the phrase was that if the expedition did not succeed in extracting booty from the target, those participating in the expedition would receive no reward.''Pirates of the Americas, Volume 1'' by David Marley ( ABC-CLIO, 2010) In the case of an unsuccessful raid, participants might receive no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privateer Captain Woodes Rogers
A privateer is a private person or ship that engages in maritime warfare under a commission of war. Since robbery under arms was a common aspect of seaborne trade, until the early 19th century all merchant ships carried arms. A sovereign or delegated authority issued commissions, also referred to as a letter of marque, during wartime. The commission empowered the holder to carry on all forms of hostility permissible at sea by the usages of war. This included attacking foreign vessels and taking them as prizes, and taking prize crews as prisoners for exchange. Captured ships were subject to condemnation and sale under prize law, with the proceeds divided by percentage between the privateer's sponsors, shipowners, captains and crew. A percentage share usually went to the issuer of the commission (i.e. the sovereign). Privateering allowed sovereigns to raise revenue for war by mobilizing privately owned armed ships and sailors to supplement state power. For participants, privateerin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
