Question

What was england's first permanent settlement where settlers hoped to find gold to satisfy investors?

Answer 1

For about 2 centuries, ever since Spain had begun to start conquering the New World for gold, and France had begun to create a monopoly with the fur trade, Britain watched with jealousy as their European rivals (Spain, France, and Britain had been at odds for....I don't even know how long). Anyway, Britain wanted their portion of the New World. In the 1580s, Walter Raleigh sent a group to establish a English settlement on an island near North Carolina. But they ran out of food and were forced to abandon the colony. In 1587, Raleigh sent another group to try again, however, they ran low on food as well. John White, the colony's leader went back to England to get supplies. When he returned to America, the colony of Roanoke was nowhere to be found. Oooh, spooky. Anyway, some time later, in 1607, the Virginia Company of England sent an expedition to Virginia to establish a colony. This group, led by John Smith, (remember John Smith and Pocahontas?). This group did manage to finally establish a permanent colony in America, the main purpose of which was to look for gold. This colony became known as the colony of Jamestown.