At this time countries where taking sea to find new trade posts in the Asian waters.
Columbus’s goal was to sail to the markets of Asia by a western route. With his calculation at the
time, which were very inaccurate, Columbus established that a western route was feicable and
more profitable. Unfortunately, his calculation did not bring him to the Asian waters but to Cuba.
There several miles out the way was Americas. Resulting in establishing links between eastern
and western hemispheres and paved the way for conquest, settlement, and exploitation of the
Americas by European people. During the time of landing into Americas, Columbus established
peace with the natives there. Columbus conjured that these natives would be easily assimilated
into the Christian faith, seeing that they didn’t have a religion established. Also, he believed they
would be good as servants to the European people. “they should be good and intelligent servants,
for I see they say very quickly everything that is said to them; and I believe they would become
Christians very easily, for it seemed to me that they had no religion” Pg. 488 sources from the
past. Within time Columbus wanted to establish The Americas as a good trading port for Europe
to the Asian market. Since cotton, gold, and other gems were readily available, Columbus was
sure that this would be very profitable in Asia.
The Muslim commentator describes the battle of Hormuz as a confused and chaotic
battle. That was clearly won by the Portuguese due to their effectiveness of artillery. Afonso
d’Alboquerque destroyed the Arabian coast. The king of Hormuz soon caught word and
began himself for battle. The Morning of the battle, d’Alboquerque ordered the broad side to
be fired. So, that the first two shots fired would set the two large ships, and men in them, to
the ocean. ” the fight was so confused on this side and on that, both with artillery and arrows,
that it lasted sometime without either party seeing each other by reason of smoke” pg. 492
Sources from the Past. As soon as d’Alboquerque saw Hormuz fleet, he sent the king of
Hormuz and the moors (Muslims) to the sea, in fear his artillery.
1. Adam Smith
Adam smith goes into detail to explain the political issues with trading in Europe, during
his time. He starts out by explaining to the reader, that all of society is out to making an
earning for themselves. Citizens turn to domestic trade to earn revenue and foreign trade to
obtain supplies the consumer is in demand for. However, with the government making new
regulations again foreign trade, makes building a capital more difficult. ” To give the
monopoly of the home market to the produce of domestic industry, in any particular art or
manufacture, is in some measure to direct private people in what manner they ought to
employ their capitals, and must, in almost all cases, be either a useless or a hurtful
regulation” pg. 526 Sources from the past. In meaning, without the process of free trade, it
makes it harder for businesses to earn a revenue. Smith’s examples: a tailor does not attempt
to make his own shoes, but buys them from a shoe maker. The shoemaker does not attempt to
make his own clothes, but takes them to a tailor. All trade that takes place helps to make
societies live easier and ensures the market place will fulfill the demands of the consumer.
Resulting in the circulation of revenue. Which results in the growth of capital for citizens.