yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Early English settlements - Jamestown


3m read
·Nov 11, 2024

In the last video, we talked about the short-lived and highly unsuccessful English colony at Roanoke Island, which disappeared pretty much without a trace and even today is still known as the Lost Colony.

So, as late as 1585, England had still not successfully established a New World colony. Well, all of that is about to change in 1607 when the Virginia Company, a joint-stock company or an early precursor to the modern corporation, which spread out both the shares, the wealth, and the risk of an expedition like one headed to the New World, received a charter for New World exploration from King James I, who had now taken over for Queen Elizabeth. Their goals were kind of the same as many of the goals of explorers in this time period. They wanted to find gold; they wanted to find a passage to the Indies that might make it easier for them to get the luxurious materials, like spices and silk, that were so expensive to get over the land route that was the Silk Road. James, in particular, was hoping that they could maybe get one up on the Spanish, who had been doing so well for more than a hundred years in the West Indies.

Now, one of the important things to note about this is that no one who went to Virginia expected to set up a colony there and live there for the rest of their lives. What they expected was to go for a couple of years, mine tremendous amounts of gold, which they hoped were, you know, lying in giant piles all over the ground, get tremendously wealthy, and live like kings for the rest of their lives in Europe. So, this Virginia Company expedition was intended to be short-term, but as it'll turn out, that will not be the case.

So, how did things go for the Virginia Company compared to the Roanoke Island colonists? Well, you know, not terrifically better. They sailed in early 1607 into the Chesapeake Bay, and they spent some time looking for what might be a good place to settle. They eventually chose a site here on what they'll name the James River for King James, and in the town that they'll call Jamestown for the same reason.

It's hard to overstate how terrible the land that they chose at Jamestown was, and it was terrible for a couple of reasons. One reason is that the soil isn't terrifically good there; it's marshy, and it's not great for growing subsistence crops, which you'll need to survive. More importantly, it's buggy. By buggy, I mean that there are tons of mosquitoes, and mosquitoes carry diseases like, say, yellow fever and malaria. Those mosquito-borne diseases will have a tremendous effect, a huge death toll, for the early settlers at Jamestown.

The other thing I can't overstate about the colonists at Jamestown was just how incredibly unprepared and unsuited they were to be colonists in the New World. Remember, this was essentially a get-rich-quick scheme. Well, who are the sort of people who'd like to get rich quick? Investors, for the most part. These were gentlemen, and the English definition of a gentleman is really someone who has title, someone who has status, someone who does not work with his hands.

All through that first summer, when they probably should have been planting crops to try to survive through the winter, instead, these gentlemen were busy looking for gold. This means that when winter rolled around, things got pretty dire at Jamestown, and we'll talk about that in the next video.

More Articles

View All
Common percentages
[Instructor] What I would like you to do is pause this video and see if you can calculate each of these percentages, and ideally do it in your head. All right, now let’s do it together. Now I said, how are you going to do it in your head? You might be t…
Warren Buffett Just Sold $75 Billion Worth of Stock
Did you see the news? I’ll send you the link. Oh wow, he sold a lot of stock! Warren Buffett, the best investor that has ever lived, is currently selling massive chunks of his portfolio. Berkshire Hathaway released their quarterly earnings report just a f…
Exponential model word problem: medication dissolve | High School Math | Khan Academy
Carlos has taken an initial dose of a prescription medication. The relationship between the elapsed time T, in hours, since he took the first dose, and the amount of medication m, in milligrams, in his bloodstream is modeled by the following function: In…
Cindy Mi and Qi Lu Share Advice for Entrepreneurs Building Global Companies
Hi everyone, my name is Qi Liu. I’m a partner at Y Combinator. I’m also working on YC China. Today, I’m very, very pleased to have the opportunity to speak to Cindy, the founder and CEO of WebKit. As many of the YC community in the U.S. or China know, Web…
INTEREST RATES WENT NEGATIVE | GOODBYE SAVINGS
Guys, this is the stimulus check and stimulus package update as of Wednesday, May 13th. We’re gonna be covering the stimulus checks and paycheck protection program. And wait a second, wait a second guys, this is the wrong intro. I’m gonna be, I’m gonna be…
Does Not Achieving Your Goal Make Everything Meaningless ?
Achieving your lifetime goals is the most satisfying experience you can have. Or is it? Let’s say your goal is to have your own TED Talk that gathers millions of views and everyone talks about it. And you finally do it. Then what? What happens after you d…