It was in Panama, a region already controlled by the Spanish. Scotland could not compete the Spanish or convince the local Tule people to work with them
The scheme did not have English support – William was annoyed that interfered with his negotiations with the Spanish and the East India Company saw the scheme as a threat
The settlers were not prepared for the conditions; they argued and many died or abandoned the settlement
The Scottish Parliament agreed to a union with England in 1707
1. The English wanted to reduce the risk of war with Scotland and ensure James Edward Stuart (James II's son), known as the 'Old Pretender' would not be supported to become King
2. The English offered to give Scotland greater trader freedom, to write off its debt from the Darien scheme and bribed Scottish politicians
3. A rebellion by Jacobites in 1708 and the Old Pretender in 1715 both failed but showed many Scots were angry
4. William kept an army in Scotland to prevent future rebellions and Highlanders felt they were ruled by a colonial power and had bad living conditions. There were regular protests.
5. Scotland's economy began to boom as they were able to benefit from the British Empire
Banishment: 1,259 Scottish rebels petitioned for transportation to the Americas to avoid execution. They became field workers
Convict transportation: 50,000 men, women and children convicted of crimes were sold to tobacco plantations for seven years under the 1718 Transportation Act. They were often vagrants or gypsies
Volunteer indentured servants: opted into slavery for seven years and hoped to build a better life. ¼ did not survive the seven years
Ulster Scots (Protestants): moved from Scotland to Ireland as it had better weather and soil and the English gave them attractive offers to move there after the Treaty of Limerick
Adventurers: left to trade in Asia and the Caribbean and became mercenary soldiers in European wars
Resistance by African rulers and captured Africans in Africa
Uprisings on slave ships. There were 500 rebellions such as on the Clare in 1729 and the Little George in 1730
Piracy: ex-members of the Royal Navy were unemployed once the War of the Spanish Succession ended and with too few jobs available and low wages, thousands turned to piracy
Britain needed to increase the number of African slaves on plantations
Indentured white workers were preferred at first as they spoke the same language as owners, were half the price of Africans and worked harder as they hoped for a better future when freed
However, African slaves proved better value as they adjusted better to the climate, were more skilled, cheaper to keep, easier to identify when they ran away, lived longer, could be punished harsher etc.
Run by wealthy businessmen and were known as plantocracies – societies controlled by and for the planets and backed up by military force and the law
The government in London supported plantocracies because they provided raw materials, new markets, work opportunities and money through taxation
The plantation system was successful as slaves produced large profits over a lifetime, plantations with slaves earned more profit than those without slaves and the plantation system was an example of highly organised production lines
The plantation system was not a complete success as slaves were not paid and so did not have motivation to work hard, they could not be fired and regularly rebelled and free European labour would have been more effective
The East India Company grew to dominate trade in India
1. It originally had a monopoly of trade through a royal charter and set up trading posts to trade spices and textiles with Britain in return for gold and silver
2. The EIC went to war with its Dutch, French and Mughal competition. Although it lost the war with Emperor Aurangzeb, it set up a factory that became a major base in Calcutta
The EIC grew, despite attempts from parliament to reduce its power
William III renewed its royal charter (although parliament said he did not have this power)
Parliament set up a rival company and closed down the EIC, but the EIC bought up all the shares in the new company and continued to trade
The demand for luxury items from Britain increased the EIC's profits and share price. It also grew rich by selling tea, spices and textiles to Britain and opium to China
The EIC offered employment opportunities to British people
The EIC dominated India as the Mughal Empire weakened. It was granted a firman by the new Mughal emperor to trade all over India for a small annual fee
Britain modernised its economy to invest in the empire
1. William III needed to invest in his army and navy so that the empire could grow and make Britain rich
2. He created the Bank of England to raise a loan of £1.2 million – this became the National Debt. Rich investors loaned the money to parliament and got interest and an annual fee.
3. The new banking system allowed other companies to borrow money and plan long-term projects and this kick-started the industrial revolution
4. Credit (borrowing money) allowed people to engage in speculation – investing in companies for short term profit
5. The South Sea Company collapsed and many lost their life savings because its shares were inflated too high and investors quickly sold their shares and created panic
British workers produced tools for plantations and chains for slaves, guns traded for Africans and by the navy. Clothing, spirits, ropes, candles, pots etc were exported to the Americas. Herring and cod was sent from Somerset to America for slaves
Dock workers unloaded goods imported to Britain
Clerks, accountants, lawyers, administrators worked around the empire
Slave ports in Bristol, Liverpool and London became very wealthy
Broadsheet newspapers and coffee houses spread new ideas about freedoms of thought and belief and scientific research brought new understanding of the natural and physical world
Africans were often depicted as inferior to justify their enslavement. The idea that Europeans were superior to Africans was known as plantocracy racism