Ch.6.2 (cont.) The Company of the West French Map of 1718.

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Presentation transcript:

Ch.6.2 (cont.) The Company of the West French Map of 1718

Louis XIV died in Gov’t support for the colony died too French colonists not interested in farming Spanish trade only possible through smuggling Trade with Indians was a failure CROZAT FAILED TO MAKE A PROFIT (gave up colony after 5 years)

The Company of the West Next proprietor was a group of investors headed by John Law -he organized Bank of France & developed the paper money system in France— brilliant banker (gambler & risk taker)

Bienville Became new Governor Designed the city of New Orleans 1718

Company of West>>> now Company of Indies Search for colonists

John Law recruited German farmers as colonists. -THEY IMPROVED THE COLONY- -Prisoners & homeless people were shipped to the colony -Colonists complained that the Company never sent enough supplies….

People in France kept investing in the La. colony…. the Company expanded the price of stock rose until the bubble

THE COMPANY COLLAPSED! COULD NOT PAY BACK INVESTORS JOHN LAW HAD TO FLEE PARIS IN DISGRACE

Read about the Code Noir Pg. 193 Write a summary in your own words using your book *turn it in Put title on paper!

Code Noir 1724 A set of laws governing the conduct & treatment of slaves in the La. colony Who established the Code? Bienville

Because he was governor, Bienville was blamed when things went wrong. The Company chose a new governor— Etienne de Perier -served from

Read Aloud Pg. 194 The Natchez Uprising 1716