Friday, July 5, 2024

Take The Money And Run: "The Notorious Pirate King Who Vanished With the Riches of a Mughal Treasure Ship"

From Smithsonian Magazine, April 2, 2024:

In the late 17th century, Henry Avery—the subject of the first global manhunt—bribed his way into the Bahamas

Henry Avery stealthily steered past Hog Island. In the English-controlled waters of the Bahamas, his crew was under strict orders to call him Captain Henry Bridgeman. The Fancy’s gold, silver and diamonds, plundered off the coast of India from a Mughal emperor’s treasure ship, the Gunsway (or Ganj-i Sawa’i), were tucked away under false floorboards in Avery’s cabin.

Palm trees bowed toward the battered ship and the newly nicknamed pirate king. Sea oats shimmered in the early morning breeze. With blue skies and light winds, it was going to be a beautiful day. The final leg into Nassau’s calm harbor was tricky. It took a skillful old hand to squeeze through the narrow channel. On either side, shifting sandbars waited to chew up and spit out wayward traders, nationality be damned. One false move, and all the months of jeopardy would be for nothing.

It was April 1, 1696—a day to make fools of the smartest of men. Luckily, Avery knew all about the island of New Providence. He understood what made the darkest of souls tick and was skilled at turning any man to his way of thinking.

New Providence was the perfect place to make landfall. It straddled the ancient sea lanes between the Province of Carolina and Jamaica (both British colonies) and the Caribbean Sea to the south. Havana was just a three days’ hop away. From Nassau, would-be pirates could watch the panorama of New World trade gliding by.

At 28 miles long and 11 miles wide, New Providence, the heart of the islands of the Bahamas, was big enough to lay low. Best of all, it had a reputation for aiding and abetting villains. The pirate mantra “Ask me no questions and I’ll tell you no lies” could have been invented for this dodgy outback.

Avery knew the bad folk of New Providence were as rotten as a shipwrecked barrel of apples. In fact, he was banking on it. The Bahamas’ motley mob included experts in fishing wrecks sunk along the Florida coast, locals who rushed to salvage Spanish, British, Dutch and French valuables lost to hurricanes and storms. It was easy and generous work that beat breaking one’s back tilling the hateful earth.

The New Providence of 1696 was a long way from becoming the world’s wickedest Republic of Pirates, its chaotic lanes home to such notorious figures as Benjamin Hornigold, Blackbeard, Calico Jack Rackham, Charles Vane, Mary Read and Anne Bonny. By the fall of 1717, as many as 800 pirates would rendezvous in New Providence to divide spoils, fence looted cargo and party away their ill-gotten gains. At times, the lair swelled to a thousand cutthroats, commanded by a changing “who’s who” of crazed leaders. Brawn and brains were respected, but strength always won control. All pirate captains understood that on these shores, the “strongest man carries the day.”

Avery had a knack for reading places and people like others read books. As an ex-Royal Navy sailor who became the skipper of the meanest pirate ship on the high seas, he needed to decide in a blink of an eye who he could trust and what gossip peddled in some mosquito-infested East African tavern was hogwash. His gut rarely let him down.

Peering through his eyepiece, Long Ben—as Avery’s crew called him on deck—made out a few dozen makeshift huts inland of the trees screening the coast. He spied what was little more than a shantytown on the make. Locals were gathering salt to hawk to passing cod-fishing traders from Newfoundland and New England, who used it to stop shipboard meat from rotting too quickly. The New Providence of 1700, with 160 houses and a church, was still a few years away. Up the slope, piles of masonry were being cut and plastered into foundation trenches to build the town’s desperately needed Fort Nassau, paid for by port customs’ profits. Equipped with 28 cannons, its gates would only open in February 1697.

Avery, the man who put the world’s economy on a knife-edge by plundering the flagship of Aurangzeb of India, possibly the richest person in the world, drew deeply on a pipe filled with Virginia’s finest tobacco. The gray smoke billowed into the charred rafters of the Wheel of Fortune inn and out the chimney stack to freedom. Avery was thinking about liberty, too. The hard knocks of family life as a child, and betrayal by the Royal Navy, had shattered any dreams Avery once cherished. These days, he was a cold-blooded hyper-realist.

Avery had just become the first pirate commander to chase down a Mughal emperor’s treasure ship. Overnight, he and his crew were millionaires, celebrities, notorious. The pirate would enjoy the moment before deciding his fate. There was much to be said for staying in the Americas—the laid-back lifestyle, the tropical mood, the sun on your back standing next to the tiller.....

....MUCH MORE

Same business, different era:

Who said a grenade launcher could not be a perfect financial asset?"
A new form on finance on the coast of Somalia.
I particularly enjoyed this part:

Piracy investor Sahra Ibrahim, a 22-year-old divorcee, was lined up with others waiting for her cut of a ransom pay-out after one of the gangs freed a Spanish tuna fishing vessel.
“I am waiting for my share after I contributed a rocket-propelled grenade for the operation,” she said, adding that she got the weapon from her ex-husband in alimony.
“I am really happy and lucky. I have made $75,000 in only 38 days since I joined the ‘company’.”