TIMELINE
1585 Abortive English settlement at Roanoke
1599 Foundation of English East India Company
1602 Dutch East India Company formed from earlier companies
1607 Jamestown: first lasting English settlement in North America
1620 Voyage of the Mayflower
1620s Barbados founded
1632 Maryland charter granted to Lord Baltimore
1655 English capture Jamaica from Spain
1663 Foundation of South Carolina and the Royal African Company
1664 New York granted to James Duke of York
1675 Bacon's rebellion in Virginia
1675–6 King Philip's War in New England
1681 Establishment of Pennsylvania
1682 French lay claim to ‘Louisiana’
1723 Foundation of Georgia
1750s Britain conquers ‘New France’ (Canada); East India Company gains control of Bengal
Introduction: the Nature of Empire
This chapter and the next will consider empire and trade which, like power and profit, were closely linked. Traditionally ‘empire’ was understood in terms of control over territory, and the resources that it contained, predominantly but not exclusively within Europe: the Roman Empire was the greatest example. In the Middle Ages and beyond the main ‘empire’ within Europe was the Holy Roman Empire, in which the Habsburg emperors ruled a variety of territories, including Austria and Hungary, and exercised a looser authority over very many more, mostly in what became Germany. Further west the Normans and Angevins ruled an Anglo-French empire: kings of England ruled a considerable part of France until the 1450s.
From the late fifteenth century a new meaning of ‘empire’ developed. It was used mainly of lands outside Europe and focused on the acquisition of highly profitable commodities of three types.
First, precious metals. The Spanish conquests in South America opened Europeans’ eyes to the enormous profits that could be made from plunder and mining in a continent rich in gold and silver. Many of the early English colonists in North America hoped to make their fortune in this way but were doomed to disappointment.
Second, staple crops, particularly sugar and tobacco, for which a strong demand quickly developed in Europe. There was a strong incentive to grow these on a large scale, on plantations, in order to maximise production and profits. Production on such a scale developed first in the Portuguese sugar plantations in Brazil, but the Spaniards followed their example where conditions were suitable, notably in the Caribbean; so, later, did the English.