A history of the United States of America, on a plan adapted to the capacity of youth .. . his northerncontinent. Had it contained mines of gold and silver, like SouthAmerica, they would have contended with one another for theprize. But it seems not to have been conceived how numerous,hardy colonies, could give such strength, opulence and grandeurto empires, as could never be derived from the gold and rich pro-ductions of the southern regions. One advantage, however, re-sulted to the nations of Europe, and which, for many years, theyenjoyed in common, viz. the fishery on the banks of Newfound-
A history of the United States of America, on a plan adapted to the capacity of youth .. . his northerncontinent. Had it contained mines of gold and silver, like SouthAmerica, they would have contended with one another for theprize. But it seems not to have been conceived how numerous,hardy colonies, could give such strength, opulence and grandeurto empires, as could never be derived from the gold and rich pro-ductions of the southern regions. One advantage, however, re-sulted to the nations of Europe, and which, for many years, theyenjoyed in common, viz. the fishery on the banks of Newfound-land. For a time, it was prosecuted to an inconsiderable extent;but, at length, it ripened into a system, and became a source ofnational emolument. SETTLEMENTS. 27 2. The year 1607 marks the era when the first per-manent settlement was effected by Europeans in NorthAmerica. In the month of May of this year, a colonyfrom England, consisting of one hundred and five per-sons, arrived in Virginia; and, on a beautiful peninsulain James river, began a settlement, which they 8. This name was given to the above settlement inhonor of James I. of England, who, the year previously,had granted to two companies, called the London andPlymouth companies, the lands in North America em-braced between the 34th and 45th degrees of north lati-tude—the southern part, called South Virginia, to theLondon, and the northern, called North Virginia, to thePlymouth company. The London company consisted of Sir Thomas Gates, SirGeorge Somers, Richaid Hackluyt, Edward Maria Wingfield,&c. These were authorized to make a settlement at any placebetween the 34th and 41st detrrees of latitude ; and in them was 28 PERIOD II.—1607 TO 16S9. vested the right of property in the land extending fifty miles eachway from their place of habitation, reaching one hundred milesinto the country. The Plymouth company consisted of ThomasHanham, Raleigh Gilbert, William Parker, George Popham, andothers, pri
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