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Ch.6.2 (cont.) The Company of the West French Map of 1718
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Louis XIV died in 1715-- Gov’t support for the colony died too French colonists not interested in farming Spanish trade only possible through smuggling Trade with Indians was a failure CROZAT FAILED TO MAKE A PROFIT (gave up colony after 5 years)
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The Company of the West Next proprietor was a group of investors headed by John Law -he organized Bank of France & developed the paper money system in France— brilliant banker (gambler & risk taker)
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Bienville Became new Governor Designed the city of New Orleans 1718
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Company of West>>> now Company of Indies Search for colonists
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John Law recruited German farmers as colonists. -THEY IMPROVED THE COLONY- -Prisoners & homeless people were shipped to the colony -Colonists complained that the Company never sent enough supplies….
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People in France kept investing in the La. colony…. the Company expanded the price of stock rose until the bubble
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THE COMPANY COLLAPSED! COULD NOT PAY BACK INVESTORS JOHN LAW HAD TO FLEE PARIS IN DISGRACE
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Read about the Code Noir Pg. 193 Write a summary in your own words using your book *turn it in Put title on paper!
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Code Noir 1724 A set of laws governing the conduct & treatment of slaves in the La. colony Who established the Code? Bienville
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Because he was governor, Bienville was blamed when things went wrong. The Company chose a new governor— Etienne de Perier -served from 1727-1733
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Read Aloud Pg. 194 The Natchez Uprising 1716
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