The Spermaceti Candle Trust: The First Energy Monopoly

The Bristol Historical & Preservation Society's October 22nd Program Meeting will feature an illustrated talk by Jerry W. Dauterive, Ph.D. about the development of the spermaceti candle in the middle of the 18th century and its major impact on New England's whaling industry. The production of this innovative and important product which took place primarily in Rhode Island, provided a means for America's entry into world economic markets. Dr. Dauterive, a Bristol resident, is professor of economics and former dean in the Mario J. Gabelli School of Business at Roger Williams University.