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 to the expansive and profitable silver trade. In fact, research shows the amount of silver traveling from Manila to China was approximately three million pesos or 94,000 kilograms in the early 1600s. The rarity of silver production was seen as an opportunity for China to control the currency's value and support its own national currency. Silver was one of the only accepted trade items from Europeans and its value in China was astronomical compared to rest of the world. In fact, its value was twice that of Spain in the 16th and 17th centuries. Between 1600 and 1800 China received