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
History of Martinique security payments and unemployment benefits. French funding to the DOM has somewhat made up for the social and economic devastation of the slave trade and sugar crop monoculture. With French funding to Martinique, the island had one of the highest standards of living in the Caribbean. However, it remained dependent upon French aid, as when measured by what Martinique actually produced, it was one of the poorer islands in the region. History of Martinique This is a page on the history of the island of Martinique. The island was originally inhabited by Arawak and Carib peoples. Circa 130 CE, the