French language in Canada working for Italian bankers in France, explored the American coast from Florida to Cape Breton. In 1529, Verrazzano mapped a part of the coastal region of the North American continent under the name Nova Gallia (New France). In 1534, Francis I, King of France, sent Jacques Cartier to discover new lands. He discovered the Gulf of Saint Lawrence, sealed an alliance with the local people and obtained passage to go farther. During his second expedition (1535–1536), Cartier discovered the Saint Lawrence River, a path into the heart of the continent. However, Cartier failed to establish a permanent colony in the
Global silver trade from the 16th to 18th centuries Global silver trade from the 16th to 18th centuries The global silver trade between the Americas and Europe from the sixteenth to nineteenth centuries was a spillover of the Columbian Exchange which had a profound effect on the world economy. In fact, many scholars consider the silver trade to mark the beginning of a genuinely global economy, with one historian noting that silver "went round the world and made the world go round." Although global, much of that silver ended up in the hands of the Chinese, as they accepted it as a form of currency. In addition to the