The word "privateer" conjures a romantic image in the minds of most Americans. Tales of battle andbounty pervade the folklore of privateering, which has become a cherished, if often overlooked part ofour shared heritage. Legends were forged during the battle for American independence, and these men wereunderstandably glorified as part of the formation of our national identity. The fact of the matter isthat the vast majority of these men were common opportunists, if noteworthy naval warriors. The profitmotive was the driving force behind almost all of their expeditions, and a successful privateer couldeasily become quite wealthy. In times of peace, these men would be common pirates, pariahs of themaritime community. Commissioned in times of war, they were respected entrepreneurs, serving theirpurses and their country, if only incidentally the latter. However vulgar their motivation, the systemof privateering arose because it provided a valuable service to the! country, and indeed the American Revolution might not have been won without their involvement. Manyscholars agree that......

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