Elfreth’s Alley in Philadelphia, Pennsylvania.

© Ben Frankse, Wikimedia Commons. Licence: CC-BY-SA 4.0.

Elfreth’s Alley in Philadelphia, Pennsylvania, is commonly held to be the oldest residential street in the USA, dating back to 1702. Englishman William Penn (1644-1718) founded the city in 1682, after he had been granted land on the Delaware River by King Charles II as repayment on a debt of honour to Penn’s father. Penn drew up the new colony’s ‘frame of government’, a groundbreaking venture into democratic accountability. The foundations laid by Penn were built on by Benjamin Franklin (1705-1790), the Sixth President of the Commonwealth of Philadelphia, and through him Penn’s ideas profoundly influenced the Constitution of the United States in 1776.

Great Mother of Men

Upon all these different occasions, it was not the wisdom and policy, but the disorder and injustice of the European governments, which peopled and cultivated America.

In effectuating some of the most important of these establishments, the different governments of Europe had as little merit as in projecting them. The conquest of Mexico was the project, not of the council of Spain, but of a governor of Cuba; and it was effectuated by the spirit of the bold adventurer to whom it was entrusted, in spite of every thing which that governor, who soon repented of having trusted such a person, could do to thwart it.* The conquerors of Chile and Peru,* and of almost all the other Spanish settlements upon the continent of America, carried out with them no other public encouragement, but a general permission to make settlements and conquests in the name of the king of Spain.

Those adventures were all at the private risk and expense of the adventurers. The government of England contributed as little towards effectuating the establishment of some of its most important colonies in North America.

Smith’s ‘bold adventurer’ was Hernán Cortés, who had helped Diego Velázquez de Cuéllar to conquer Cuba in 1511, and to become its first Governor. Velázquez then sent Cortés on a mission to add Mexico to his bag in 1519, but a growing fear that Cortés posed a political threat prompted him to revoke his orders at the last moment. Cortés sailed anyway.

Spanish adventurer Pedro de Valdivia founded Santiago in Chile on 12 February 1541. In 1532, a party of conquistadors led by Francisco Pizarro conquered the Incas of Peru, and Lima became the capital of the Spanish Viceroyalty of Peru in 1543.

Précis
Adam Smith argued that in the establishment of the American colonies of Spain and Britain, neither government of those two nations played any significant role. Indeed, he would not attribute the foundation of Mexico even to the Governor of Cuba who commissioned it, reminding us that he tried to cancel the expedition.
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