History of Martinique survivors were a shoemaker and a prisoner who was saved by his position in a jail dungeon with only a single window. Because Saint Pierre was the commercial capital of the island, there were four banks in the city—the Banque de la Martinique, Banque Transatlantique, a branch of the Colonial Bank of London, and the Crédit Foncier Colonial. All were destroyed. The town had to be completely rebuilt and lost its status as the commercial capital, a title which shifted to Fort-de-France. Due to the eruption, refugees from Martinique arrived in boats to the southern villages of Dominica and some
Piracy in the Caribbean in Europe increasingly drove their plantation-based economies. The English had also expanded their dominion in the Caribbean and settled several new islands, including Bermuda in 1612, Antigua and Montserrat in 1632, and Eleuthera in the Bahamas in 1648, though these settlements began like all the others as relatively tiny communities that were not economically self-sufficient. The French also founded major new colonies on the sugar-growing islands of Guadeloupe in 1634 and Martinique in 1635 in the Lesser Antilles. However, the heart of French activity in the Caribbean in the 17th century remained Tortuga, the fortified island haven off the coast