It has long been our habit to condemn the old colonial system as it was defined in this period, and to attribute to it the disruption of the empire in the eighteenth century. But the judgment is not a fair one; it is due to those Whig prejudices by which so much of the modern history of England has been distorted. The colonial policy of Shaftesbury and his colleagues was incomparably more enlightened than that of any contemporary government. It was an interesting experiment—the first, perhaps, in modern history—in the reconciliation of unity and freedom. And it was undeniably successful: under it the English colonies grew and throve in a very striking way. Everything, indeed, goes to show that this system was well designed for the needs of a group of colonies which were still in a state of weakness, still gravely under-peopled and undeveloped. Evil results only began to show themselves in the next age, when the colonies were growing stronger and more independent, and when the self-complacent Whigs, instead of revising the system to meet new conditions, actually enlarged and emphasised its most objectionable features.
(c) The, Conflict of French and English, 1713-1763
While France and England were defining and developing their sharply contrasted imperial systems, the Dutch had fallen into the background, content with the rich dominion which they had already acquired; and the Spanish and Portuguese empires had both fallen into stagnation. New competitors, indeed, now began to press into the field: the wildly exaggerated notions of the wealth to be made from colonial ventures which led to the frenzied speculations of the early eighteenth century, John Law’s schemes, and the South Sea Bubble, induced other powers to try to obtain a share of this wealth; and Austria, Brandenburg,