dec 20, 1606 - 1606 - Three boats set sail for Virginia

Description:

Names not important!
- Monarch "owns" east coast but is not interested in setting colonies up themselves. Instead, charters give rights to companies to settle the land.
- Virginia (named for Queen Elizabeth) Company receives charter from King James I
- Need capital for colony, but why invest?
1.) Defeat Catholic plans
2.) Bring the gospel to natives
3.) You will get very wealthy!