The History of England, from the Accession of James the Second - Volume 5, Thomas Babington Macaulay [good book recommendations TXT] 📗

hive. At a later period, on a dreary bank formed by the soil which the Alpine streams swept down to the Adriatic, rose the palaces of Venice. Within a space which would not have been thought large enough for one of the parks of a rude northern baron were collected riches far exceeding those of a northern kingdom. In almost every one of the prorate dwellings which fringed the Great Canal were to be seen plate, mirrors, jewellery, tapestry, paintings, carving, such as might move the envy of the master of Holyrood. In the arsenal were munitions of war sufficient to maintain a contest against the whole power of the Ottoman Empire. And, before the grandeur of Venice had declined, another commonwealth, still less favoured, if possible, by nature, had rapidly risen to a power and opulence which the whole civilised world contemplated with envy and admiration. On a desolate marsh overhung by fogs and exhaling diseases, a marsh where there was neither wood nor stone, neither firm earth nor drinkable water, a marsh from which the ocean on one side and the Rhine on the other were with difficulty kept out by art, was to be found the most prosperous community in Europe. The wealth which was collected within five miles of the Stadthouse of Amsterdam would purchase the fee simple of Scotland. And why should this be? Was there any reason to believe that nature had bestowed on the Phoenician, on the Venetian, or on the Hollander, a larger measure of activity, of ingenuity, of forethought, of self command, than on the citizen of Edinburgh or Glasgow? The truth was that, in all those qualities which conduce to success in life, and especially in commercial life, the Scot had never been surpassed; perhaps he had never been equalled. All that was necessary was that his energy should take a proper direction, and a proper direction Paterson undertook to give.

His esoteric project was the original project of Christopher Columbus, extended and modified. Columbus had hoped to establish a communication between our quarter of the world and India across the great western ocean. But he was stopped by an unexpected obstacle. The American continent, stretching far north and far south into cold and inhospitable regions, presented what seemed an insurmountable barrier to his progress; and, in the same year in which he first set foot on that continent, Gama reached Malabar by doubling the Cape of Good Hope. The consequence was that during two hundred years the trade of Europe with the remoter parts of Asia had been carried on by rounding the immense peninsula of Africa. Paterson now revived the project of Columbus, and persuaded himself and others that it was possible to carry that project into effect in such a manner as to make his country the greatest emporium that had ever existed on our globe.

For this purpose it was necessary to occupy in America some spot which might be a resting place between Scotland and India. It was true that almost every habitable part of America had already been seized by some European power. Paterson, however, imagined that one province, the most important of all, had been overlooked by the short-sighted cupidity of vulgar politicians and vulgar traders. The isthmus which joined the two great continents of the New World remained, according to him, unappropriated. Great Spanish viceroyalties, he said, lay on the east and on the west; but the mountains and forests of Darien were abandoned to rude tribes which followed their own usages and obeyed their own princes. He had been in that part of the world, in what character was not quite clear. Some said that he had gone thither to convert the Indians, and some that he had gone thither to rob the Spaniards. But, missionary or pirate, he had visited Darien, and had brought away none but delightful recollections. The havens, he averred, were capacious and secure; the sea swarmed with turtle; the country was so mountainous that, within nine degrees of the equator, the climate was temperate; and yet the inequalities of the ground offered no impediment to the conveyance of goods. Nothing would be easier than to construct roads along which a string of mules or a wheeled carriage might in the course of a single day pass from sea to sea. The soil was, to the depth of several feet, a rich black mould, on which a profusion of valuable herbs and fruits grew spontaneously, and on which all the choicest productions of tropical regions might easily be raised by human industry and art; and yet the exuberant fertility of the earth had not tainted the purity of the air. Considered merely as a place of residence, the isthmus was a paradise. A colony placed there could not fail to prosper, even if it had no wealth except what was derived from agriculture. But agriculture was a secondary object in the colonization of Darien. Let but that precious neck of land be occupied by an intelligent, an enterprising, a thrifty race; and, in a few years, the whole trade between India and Europe must be drawn to that point. The tedious and perilous passage round Africa would soon be abandoned. The merchant would no longer expose his cargoes to the mountainous billows and capricious gales of the Antarctic seas. The greater part of the voyage from Europe to Darien, and the whole voyage from Darien to the richest kingdoms of Asia, would be a rapid yet easy gliding before the trade winds over blue and sparkling waters. The voyage back across the Pacific would, in the latitude of Japan, be almost equally speedy and pleasant. Time, labour, money, would be saved. The returns would come in more quickly. Fewer hands would be required to navigate the ships. The loss of a vessel would be a rare event. The trade would increase fast. In a short time it would double; and it would all pass through Darien. Whoever possessed that door of the sea, that key of the universe,-such were the bold figures which Paterson loved to employ,-would give law to both hemispheres; and would, by peaceful arts, without shedding one drop of blood, establish an empire as splendid as that of Cyrus or Alexander. Of the kingdoms of Europe, Scotland was, as yet, the poorest and the least considered. If she would but occupy Darien, if she would but become one great free port, one great warehouse for the wealth which the soil of Darien might produce, and for the still greater wealth which would be poured into Darien from Canton and Siam, from Ceylon and the Moluccas, from the mouths of the Ganges and the Gulf of Cambay, she would at once take her place in the first rank among nations. No rival would be able to contend with her either in the West Indian or in the East Indian trade. The beggarly country, as it had been insolently called by the inhabitants of warmer and more fruitful regions, would be the great mart for the choicest luxuries, sugar, rum, coffee, chocolate, tobacco, the tea and porcelain of China, the muslin of Dacca, the shawls of Cashmere, the diamonds of Golconda, the pearls of Karrack, the delicious birds' nests of Nicobar, cinnamon and pepper, ivory and sandal wood. From Scotland would come all the finest jewels and brocade worn by duchesses at the balls of St. James's and Versailles. From Scotland would come all the saltpetre which would furnish the means of war to the fleets and armies of contending potentates. And on all the vast riches which would be constantly passing through the little kingdom a toll would be paid which would remain behind. There would be a prosperity such as might seem fabulous, a prosperity of which every Scotchman, from the peer to the cadie, would partake. Soon, all along the now desolate shores of the Forth and Clyde, villas and pleasure grounds would be as thick as along the edges of the Dutch canals. Edinburgh would vie with London and Paris; and the baillie of Glasgow or Dundee would have as stately and well furnished a mansion, and as fine a gallery of pictures, as any burgomaster of Amsterdam.

This magnificent plan was at first but partially disclosed to the public. A colony was to be planted; a vast trade was to be opened between both the Indies and Scotland; but the name of Darien was as yet pronounced only in whispers by Paterson and by his most confidential friends. He had however shown enough to excite boundless hopes and desires. How well he succeeded in inspiring others with his own feelings is sufficiently proved by the memorable Act to which the Lord High Commissioner gave the Royal sanction on the 26th of June 1695. By this Act some persons who were named, and such other persons as should join with them, were formed into a corporation, which was to be named the Company of Scotland trading to Africa and the Indies. The amount of the capital to be employed was not fixed by law; but it was provided that one half of the stock at least must be held by Scotchmen resident in Scotland, and that no stock which had been originally held by a Scotchman resident in Scotland should ever be transferred to any but a Scotchman resident in Scotland. An entire monopoly of the trade with Asia, Africa and America, for a term of thirty-one years, was granted to the Company. All goods imported by the Company were during twenty-one years to be duty free, with the exception of foreign sugar and tobacco. Sugar and tobacco grown on the Company's own plantations were exempted from all taxation. Every member and every servant of the Company was to be privileged against impressment and arrest. If any of these privileged persons was impressed or arrested, the Company was authorised to release him, and to demand the assistance both of the civil and of the military power. The Company was authorised to take possession of unoccupied territories in any part of Asia, Africa or America, and there to plant colonies, to build towns and forts, to impose taxes, and to provide magazines, arms and ammunition, to raise troops, to wage war, to conclude treaties; and the King was made to promise that, if any foreign state should injure the Company, he would interpose, and would, at the public charge, obtain reparation. Lastly it was provided that, in order to give greater security and solemnity to this most exorbitant grant, the whole substance of the Act should be set forth in Letters Patent to which the Chancellor was directed to put the Great Seal without delay.

The letters were drawn; the Great Seal was affixed; the subscription books were opened; the shares were fixed at a hundred pounds sterling each; and from the Pentland Firth to the Solway Firth every man who had a hundred pounds was impatient to put down his name. About two hundred and twenty thousand pounds were actually paid up. This may not, at first sight, appear a large sum to those who remember the bubbles of 1825 and of 1845, and would assuredly not have sufficed to defray the charge of three months of war with Spain. Yet the effort was marvellous when it may be affirmed with confidence that the Scotch people voluntarily contributed for the colonisation of Darien a larger proportion of their substance than any other people ever, in the same space of time, voluntarily contributed to any commercial undertaking. A great part of Scotland was then as poor and rude as Iceland now is. There were five or six shires which did not altogether contain so many guineas and crowns as were tossed about every day by the shovels of a single goldsmith in Lombard Street. Even the nobles had very little ready money. They generally took a large part