History of Pennsylvania control of the Dutch (and former Swedish) holdings in North America. At the end of the Third Anglo-Dutch War, the 1674 Treaty of Westminster permanently confirmed England's control of the region. Following the voyages of Giovanni da Verrazzano and Jacques Cartier, the French established a permanent colony in New France in the 17th century to exploit the North American fur trade. During the 16th, 17th, and 18th centuries, the French expanded New France across present day Eastern Canada into the Great Lakes region, and colonized the areas around the Mississippi River as well. New France expanded into western Pennsylvania by
Global silver trade from the 16th to 18th centuries global economic changes the silver trade engendered, it also put into motion a wide array of political transformations in the early modern era. "New World mines," concluded several prominent historians "supported the Spanish empire," acting as a linchpin of the Spanish economy. Spaniards at the time of the Age of Exploration discovered vast amounts of silver, much of which was from the Potosí silver mines, to fuel their trade economy. Potosí's deposits were rich and Spanish American silver mines were the world's cheapest sources of it. The Spanish acquired the silver, minting it into the peso de ocho (a currency)