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Mercantilism and the Colonies
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Reasons why England valued its North American colonies 1. The colonies supplied food and raw materials - $$$ 2. The colonies purchased large amounts of finished English goods - $$$
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Reasons why England’s North American colonies could be problematic Widely spread, and regionally unique, making it difficult to establish government Widely spread, and regionally unique, making it difficult to establish government The colonists were independent-minded The colonists were independent-minded Distance made control difficult Distance made control difficult Internal conflicts vied for the government’s attention Internal conflicts vied for the government’s attention
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Speaking of Internal Conflicts- The English Civil War and The “Glorious Revolution” Civil War from 1640-1660 Civil War from 1640-1660 Fought between King Charles I and Parliament Fought between King Charles I and Parliament King limited the powers of Parliament by demanding taxes of the people King limited the powers of Parliament by demanding taxes of the people King is beheaded! (by Parliament’s orders) King is beheaded! (by Parliament’s orders) Oliver Cromwell takes over, unrest ensues Oliver Cromwell takes over, unrest ensues Finally King Charles II takes the throne in 1660, restored stability Finally King Charles II takes the throne in 1660, restored stability 1688 The “Glorious Revolution” overthrows King James, puts Protestant William and Mary on the throne 1688 The “Glorious Revolution” overthrows King James, puts Protestant William and Mary on the throne
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Economics War debt emphasized the need for the colonies to contribute to England’s overall economic health. War debt emphasized the need for the colonies to contribute to England’s overall economic health. The theory of Mercantilism was starting to become popular among the nations of Western Europe. The theory of Mercantilism was starting to become popular among the nations of Western Europe.
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Mercantilism A theory that a country should try to collect as much bullion (gold and silver) as possible, creating wealth and power. If a country sold more goods to other countries than it bought from them, it would acquire this bullion. Put Simply: To become rich, exports should exceed imports Put Simply: To become rich, exports should exceed imports
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England’s relationship with the colonies: Believed the Colonies existed to benefit the “Mother Country” England Believed the Colonies existed to benefit the “Mother Country” England England had started the Colonies and had the right to benefit from them England had started the Colonies and had the right to benefit from them And, Coming Soon… England would provide armies and ships during the French and Indian War to the Colonies. England would provide armies and ships during the French and Indian War to the Colonies. England developed a large debt during the French and Indian War to defend the Colonies. England developed a large debt during the French and Indian War to defend the Colonies.
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Specific Purposes of the Colonies To establish British Naval Power To establish British Naval Power building ships building ships providing England with ship-related supplies providing England with ship-related supplies providing sailors providing sailors Keep money in the empire!! Keep money in the empire!! Providing raw materials Providing raw materials Providing other goods England could not produce Providing other goods England could not produce Tobacco Tobacco Sugar Sugar Etc. Etc.
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The Triangular Trade
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The Relationship Changes England at first paid little attention to the colonies (civil war) England at first paid little attention to the colonies (civil war) England began exercising power over the colonies after Charles II comes to power England began exercising power over the colonies after Charles II comes to power
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Navigation Acts 1651, 1660, 1663, and 1673 Reinforced Mercantilism Reinforced Mercantilism Colonies exports go only to England and her other Colonies Colonies exports go only to England and her other Colonies Imports from elsewhere must go through England Imports from elsewhere must go through England extra tax will be added extra tax will be added All goods (imports, exports) for the Colonies must be delivered by English ships. All goods (imports, exports) for the Colonies must be delivered by English ships.
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Navigation Acts 1651, 1660, 1663, and 1673 England restricted the colonies from producing any goods also made in England! England decided could be produced in the colonies. Colonies are to complement England, NOT compete with England!!
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The Dominion of New England and the start of Salutary Negle ct King Charles II directly punishes Massachusetts for being too impertinent (and for being Puritans- personal grudge) by using King Phillips’ War as an excuse to pull their charter, establishes the Dominion of New England in 1684 headed by cruel and unpopular Sir Edmond Andros King Charles II directly punishes Massachusetts for being too impertinent (and for being Puritans- personal grudge) by using King Phillips’ War as an excuse to pull their charter, establishes the Dominion of New England in 1684 headed by cruel and unpopular Sir Edmond Andros In 1689, the Dominion is overthrown by the colonists, and a period of Salutary Neglect begins under William and Mary- they (and those who follow) will take a hands-off approach to the colonies as long as they make money for the homeland- the Navigation Acts will stay on the books, but are loosely enforced In 1689, the Dominion is overthrown by the colonists, and a period of Salutary Neglect begins under William and Mary- they (and those who follow) will take a hands-off approach to the colonies as long as they make money for the homeland- the Navigation Acts will stay on the books, but are loosely enforced
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Legacy of Mercantilism and Salutary Neglect Over time, the colonists would grow accustomed to minimal English oversight Over time, the colonists would grow accustomed to minimal English oversight Many colonists felt Mercantilism put them at a disadvantage economically Many colonists felt Mercantilism put them at a disadvantage economically England regarded its colonies as a source of wealth, not a full partner politically England regarded its colonies as a source of wealth, not a full partner politically England often saw the colonists as “unruly children” or “backward frontiersmen” to be appeased or controlled England often saw the colonists as “unruly children” or “backward frontiersmen” to be appeased or controlled
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