Harbour activity in Malta increased, which included the
George Washington, the first American warship to navigate the Mediterranean in early 1801. Valletta emerged as a crucial logistical and diplomatic base for the American forces in their war against North African corsairs, known as the
First Barbary War (1801-1805). American warships, such as the
USS Constitution, docked in Malta's Grand Harbour to obtain fresh water, supplies, and essential repairs, which enabled the American squadron to maintain its blockade and operations against the Barbary States. It also contributed to an audacious plan by
US Lieutenant Stephen Decatur, who employed a seized Tripolitan vessel (renamed the
Intrepid), disguised as a merchant ship from Malta and outfitted with British colours, to infiltrate Tripoli harbour and destroy the
USS Philadelphia, which had been captured by the Tripolitans. Under the terms of the 1802
Treaty of Amiens with France, Britain was supposed to evacuate the islands, but failed to keep this obligation - one of several mutual cases of non-adherence to the treaty, which eventually led to its collapse and the
resumption of war between the two countries. Between 1802 and 1806, Southern Europe received a fifth of British exports to Europe, or £3,200,000 per year, while Northern Europe accounted for four-fifths of British exports to Europe, with an average of £12,800,000 annually. In 1806,
Napoleon's
Continental Blockade disrupted commercial connections between England and several European nations. Between 1808 and 1812, the share to Southern Europe increased to sixty percent, averaging £10,000,000 annually, primarily through Malta and
Sicily. In addition, Malta served as a staging point for the importation of raw materials and commodities from the
Barbary States and the
Levant to
England and to the
Austrian States. Port activity surged to an impressive average of 1,500 ships visiting Malta every year. Ironically, the surge in commercial activity partially reversed the poverty and destruction caused by the Maltese insurrection against French control a few years earlier. This period of economic prosperity led to the foundation of institutional banking on the islands with the first Maltese bank, the
Anglo Maltese Bank, formed on 23 June 1809 by Maltese and British merchants, followed by the
Banco Di Malta and '''Tagliaferro's Bank''' in 1812. The conclusion of the
Napoleonic Wars and
an epidemic in 1813 ultimately brought an end to the golden era of the Anglo-Maltese trade. Nevertheless, this set the basis for Malta becoming a major British overseas naval base for the following 150 years. == Lampedusa ==