Trade And Trade Centers of History

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We have noted the progress of the art of naviga- tion. Men were now ready to try the Discoveries ,■'■', unknown waves; and it was provi- dential for Europe in general, since Europe was cut off by the Turks from the old routes to the East. Now arise Vasco de Gama and Columbus. The former doubles the south- ern extremity of Africa in 1497 and arrives on the coast of Malabar, opening a new route for the intercourse be- tween Europe and the East. Egypt ceased to be the com- mercial center of the wo...rld. Lisbon and Antwerp, which later had taken the place of Bruges of the old Hansa, now became the leading ports of entry to the trade which had been so long monopolized by the Italian cities. The compass had done its work. The open expanse of vast oceans was now to be covered with lanes of trade as clear to the mariner as formerly to the Roman were his roads.
The newer peoples of North Europe and England had also learned their trade and finance. So it happened that when the Turk threw a wall across the ways to the East, and when the Portuguese sailor had found a path about Africa to India, first his own people, then the Dutch, and finally the English made new and successive centers for the trade of the world.


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