In 1804, Charlotte Amalie was struck by a horrendous fire that destroyed more than 1200 homes and stores throughout the town. Two more fires came in 1805 and 1806, and the densely settled town lost another thousand buildings. Neighboring islands gradually began importing coal directly from producers, and Charlotte Amalie was sidestepped in trade in the early 1800s. The abolition of slavery in 1848 further diminished Charlotte Amalie's commercial role and the town suffered from a brutal recession, as did most of the Caribbean following abolition.