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New Caledonia / Darien Venture Colony
AD 1698 - 1700
Darien on the isthmus of Panama was the former first colonial base for
Spanish
Panama. On 3 November 1698 it
became the location for the ill-fated 'Darien Venture'
Scottish colony. Named New Caledonia, the 'capital' of New
Edinburgh was part of an ambitious scheme to start a new life outside the
British Isles which ended in loss of life and financial ruin.
Scotland at the end of the seventeenth century was in a state of crisis.
Decades of warfare, seven years of famine, and the nation's trade apparently crippled by
England's
continual wars against continental Europe all combined to choke home-grown industry.
Financial adventurer William Paterson came up with the answer: turn
Scotland into the major broker of trade across the Pacific Ocean. This would
start with the settling of a wonderful paradise on the Isthmus of Panama, with a sheltered bay, friendly
natives, and rich, fertile land. |