Philosophy: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.[1]
Meaning
The term "purchase" in the phrase is used to mean success against piratical targets from whom booty might be successfully extracted.[2] 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.[3]
In the case of an unsuccessful raid, participants might receive nothing at all. But if a raid was successful, then loot was often shared equitably and democratically with clear ratios based on seniority and length of service.[4]
Use
The phrase was used extensively to describe arrangements for pirates working on the Spanish Main in particular. The concept is said to have encouraged increased risk-taking as pirates made a calculated decision to attack more valuable targets with a better risk-reward ratio.[5]
Hender Molesworth, Governor of Jamaica, is known to have issued privateer and even pirate-hunting contracts with strict "no purchase, no pay" clauses.[3]
See also
- Buccaneer
- Letter of marque
- No win, no fee
- Pirate code
References
- ↑ The Sea Rover's Practice: Pirate Tactics and Techniques, 1630-1730 by Benerson Little (Potomac Books, 2005)
- ↑ Daily Life of Pirates by David Marley (ABC-CLIO, 2012)
- ↑ 3.0 3.1 Pirates of the Americas, Volume 1 by David Marley (ABC-CLIO, 2010)
- ↑ No man knows my grave: Sir Henry Morgan, Captain William Kidd, Captain Woodes Rogers in the great age of privateers and pirates, 1665-1715 by Alexander Porter Winston (Houghton Mifflin, 1969)
- ↑ Jolly Roger: The Story of the Great Age of Piracy by Patrick Pringle (Courier Dover Publications, 2001)
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