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The Fencibles were also actively engaged in the Baltimore privateer trade.A large precentage of the men of this unit had investments of time and labor in numerous privateer vessels sailing out of Baltimore Harbor to prey upon British Merchant shipping. The most notable of these was Captain Tom Boyle's "Chasseur", a ship later popularly known as the "Pride of Baltimore." Privateers in the War of 1812 caused massive damage to the British economy, to the tune of over 40 million dollars. This is nearly the same amount of money required by England to wage a single year of military campaign against North America.

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