525. Commerce.

A permanent English colony was established in America in 1607, and by

1714 the number of such colonies had increased to twelve. During a

great part of this period intense commercial rivalry existed between

England and Holland, each of which was anxious to get the monopoly of

the colonial import and export trade. Parliament passed stringent

navigation laws, under Cromwell and later, to prevent the Dutch from

competing with English merchants and shippers. The East India and

South Sea companies were means of greatly extending English commercial

enterprise, as was also the tobacco culture of Virginia.

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