New France a permanent benefit to the French. New France New France () was the area colonized by France in North America during a period beginning with the exploration of the Gulf of Saint Lawrence by Jacques Cartier in 1534 and ending with the cession of New France to Great Britain and Spain in 1763 under the Treaty of Paris (1763). At its peak in 1712 (before the Treaty of Utrecht), the territory of "New France", also sometimes known as the "French North American Empire" or "Royal New France", consisted of five colonies, each with its own administration: Canada, the most developed
Global silver trade from the 16th to 18th centuries forced to take bullion out of circulation in Europe to buy goods in China. In the 19th century, American merchants began to introduce opium to Chinese markets. The demand for opium rose rapidly and was so profitable that Chinese opium dealers began to seek out more suppliers of the drug, thus inaugurating the opium trade; one merchant declared that Opium "is like gold. It can sell any time." From 1804 to 1820, a period when the Qing Dynasty needed to finance the suppression of the White Lotus Rebellion, Chinese merchants were soon exporting silver to pay for opium rather than