Economy of Maryland - History

History

In 1629, George Calvert, 1st Lord Baltimore in the Irish House of Lords, fresh from his failure further north with Newfoundland's Avalon colony, applied to Charles I for a royal charter for what was to become the Province of Maryland. Calvert's interest in creating a colony derived from his Catholicism and his desire for the creation of a haven in the New World for Catholics. He wanted a share of fortunes, such as those made by the sale of the commodity tobacco in Virginia, and hoped to recoup some of the financial losses he had sustained in his earlier colonial venture in Newfoundland.

George Calvert died in April 1632, but a charter for "Maryland Colony" (in Latin, "Terra Maria") was granted to his son, Cæcilius Calvert, 2nd Lord Baltimore, on June 20, 1632. The new colony was named in honor of Henrietta Maria of France, wife of Charles I of England. Some scholars believe it was named after the Virgin Mary, the mother of Jesus Christ. They note that the first capital of Maryland was St. Mary's. In addition, no colony or territory has ever been named in honor of someone's middle name. The territory was consecrated in honor of the Virgin Mary on St. Clements Island. The name recorded in the charter was phrased "Terra Mariae, anglice, Maryland". The English name was preferred over the Latin due in part to the undesired association of "Mariae" with the Spanish Jesuit Juan de Mariana of the Inquisition.

To try to gain settlers, Maryland used what is known as the headright system, which originated in Jamestown. Settlers were given 50 acres of land for each person they brought in to the colony, whether as settler, indentured servant or slave.

On March 25, 1634, Lord Baltimore sent the first colonists into this area. Although most of the settlers were Protestants, Maryland soon became one of the few regions in the English Empire where Catholics held the highest positions of political authority. Maryland was also a key destination for transport of tens of thousands of English convicts to work as indentured servants.

The royal charter granted Maryland the land north of the entire length of the Potomac River up to the 40th parallel. A problem arose when Charles II granted a charter for Pennsylvania. The grant defined Pennsylvania's southern border as identical to Maryland's northern border, the 40th parallel. But the terms of the grant clearly indicate that Charles II and William Penn assumed the 40th parallel would pass close to New Castle, Delaware when it falls north of Philadelphia, the site of which Penn had already selected for his colony's capital city. Negotiations ensued after the problem was discovered in 1681.

A compromise proposed by Charles II in 1682, which might have resolved the issue, was undermined by Penn's receiving the additional grant of what is now Delaware—which previously had been part of Maryland. The dispute remained unresolved for nearly a century, carried on by the descendants of William Penn and Lord Baltimore—the Calvert family, which controlled Maryland, and the Penn family, which controlled Pennsylvania.

Read more about this topic:  Economy Of Maryland

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