Edwin J. Perkins, a leading figure in American economic history and one of the main three authors that depict the economic situations of the colonial era, is an emeritus professor at the University of Southern California. He currently resides in Laguana Woods in California, where he pursues his own research despite being “retired”, and spends
William Howe saw North America rather clearly: as a threat. Not just any threat, however; William Howe saw the colonies as a rage-induced organization of militias who were banding together against the misdeeds of the British government. William Howe had one personal question for the colonials: how long could they keep it going?
The royal governments of Europe fell in love with these ideas almost immediately, and in 1689 the Parliament of England abolished all taxes on grain to drive down prices. This allowed English grain the cheapest in the world, and it sold quickly abroad — forcing countries to become dependent on Britain. Less than a year later, in 1690, the Parliament banned the sale of French liquor to encourage the manufacturing of English gin from, you guessed it, English grain. That same year, a centralized English bank was created to stabilize the currency. To make their economic power even stronger, the Parliament would force Scotland into “The United Kingdom” in 1707, successfully “taking” the wealth of another nation.
In the last post, we discussed Christopher Columbus, Marco Polo, the fall of the Aztec and Inca Empires, and the terrible diseases that plagued the New World. However, now that this New World, the Americas, have been “discovered”, it’s about time that European societies get interested. Up until this point in time, Europeans saw these two continents as nothing but a burden, obstacles in the way to easy trading markets in China and India. To understand the colonization of America, we have to understand the colonial movements of some of the important European powers.