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George Bancroft, History of the Colonization of the United States, Vol. 1, 17th edition. 1 1 Browse Search
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vealed a continent of easy access, in a temperate zone, had failed to discover a passage to the Indies; and their fame was dimmed by that of Vasco de Gama, whose achievement made Lisbon the emporium of Europe. Thorne and Eliot, of Bristol, visited Newfoundland probably in 1502; in that year, savages in their wild attire were exhibited to the king; but North America as yet invited no colony, for it promised no sudden wealth, while the Indies more and more inflamed commercial cupidity. In March, 1501, Henry VII. granted an exclusive privilege of trade to a company composed half of Englishmen, half of Portuguese, with leave to sail towards any point in the compass, and the incidental right to inhabit the regions which should be found; there is, however, no proof that a voyage was made under the authority of this commission. In December of the following year, a new grant in part to the same patentees, promised a forty years monopoly of trade, an equally wide scope for adventure, and l