New England -- History -- Colonial period, ca. 1600-1775
There was a very close connection between many of these great companies.
The East India, for example, was practically an outgrowth of the
Levant;[97] while of the two hundred and three members of the Virginia
Company, one hundred and sixteen were members of the East India, and
thirteen of the Muscovy, ten were to become interested in the
Newfoundland, one hundred in the Northwest Passage, forty-six in the
Bermuda, and thirty-eight in the New England companies. Members of the
Virginia Company were also represented in the African, Levant, Guiana,
Guinea, Eastland, Providence, Irish Plantation, and other stock
enterprises.[98] To the noblemen and merchants thus brought into close
working relations, America was but one of the many irons which they had
in the fire, and by no means the most important. Their interest, as that
of their successors, was naturally in British trade as a whole, and not
in the success of any particular colony, much less in its religious
bickerings or political aspirations. From the very beginning, the trade
of the Empire was considered paramount to that of any unit, even in
England itself. At this very time, King James, in pressing for the union
with Scotland, expressed what was later to become the established
policy. “It may be,” he said, “that a merchant or two of Bristow or
Yarmouth may have a hundred pounds lesse in his packe; but if the Empire
gaine and become the greater, it is no matter.”[99]
Footnote 97:
W. W. Hunter, _History of British India_ (London, 1899), vol. I, p.
244.
Footnote 98:
Compiled from Brown, _Genesis_, pp. 811-1068.
Footnote 99:
Cited by Scott, _Joint-Stock Companies_, vol. I, p. 132.
These two points thus early made, namely, that the value of colonies lay
in their contributing to the empire products otherwise obtainable only
from foreigners, and that the interests of the empire as a whole were
paramount to those of any section, were well understood by those at the
head of colonizing enterprises, and must have been understood also by
the more intelligent of the early planters themselves. These views
naturally would continue to be held by those who remained at the centre
of the empire in England; while those who dwelt on its periphery, in
many scattered settlements, would as naturally, in time, tend to lose
sight of them, and to consider their own particular interests as greater
than those of the empire. The struggle between these centripetal and
centrifugal forces was bound to result in warping the imperial
structure, though in one case only was it to end in the breaking away of
a part of the system. Adjustments, continuing even to the present day,
were to save the rest intact; but it is interesting to note the germs of
conflict present from the very beginning. The forces which brought that
conflict about were operative, in varying degrees, not only in North
America, but throughout the entire empire, and extended back to its
unconscious inception.
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