A merchant is a person who trades in commodities produced by other people. A merchant is anyone, involved in business or trade. Merchants have been known for as long as industry and trade have existed. During the 16th-century, in Europe, two different terms for merchants emerged: One term, described local traders such as bakers, etc.. The status of the merchant has varied during different periods of history and among different societies. In ancient Rome and Greece, merchants may have been wealthy, but were not accorded high social status. In contrast, in the Middle East, where markets were an integral part of the city, merchants enjoyed high status. In modern times, the term has been used to refer to a businessperson or someone undertaking activities for the purpose of generating profit, cash flow and revenue utilizing a combination of human, financial and physical capital with a view to fuelling economic development and growth. Merchants have been known for as long as humans have engaged in commerce.
Merchants and merchant networks were known to operate in ancient Babylonia and Assyria, Egypt, India, Persia and Rome. During the European medieval period, a rapid expansion in trade and commerce, led to the rise of a wealthy and powerful merchant class; the European age of discovery opened up new trading routes and gave European consumers access to a much broader range of goods. From the 1600s, goods began to travel much further distances as they found their way into geographically dispersed market places. Following the opening Asia and the discovery of the New World, goods were imported from long distances: calico cloth from India, porcelain and tea from China, spices from India and South-East Asia and tobacco, sugar and coffee from the New World. By the eighteenth century, a new type of manufacturer-merchant was emerging and modern business practices were becoming evident; the English term, "merchant" comes from the Middle English, which itself originated from the Vulgar Latin mercatant or mercatans, formed from present participle of mercatare meaning to trade, to traffic or to deal in.
The term is used to refer to any type of reseller, but can be used with a specific qualifier to suggest a person who deals in a given characteristic such as "speed merchant" to refer to someone who enjoys fast driving. Other known uses of the term include: "dream merchant" used to describe someone who peddles idealistic visionary scenarios and "merchant of war" to describe proponents of war. Elizabeth Honig has argued that concepts relating to the role of a merchant began to change in the mid-16th century; the Dutch term, became rather more fluid during the 16th century when Antwerp was the most global market town in Europe. Two different terms, for a merchant, began to be used, meerseniers referred to local merchants including bakers, sellers of dairy products and stall-holders, while the alternate term, was used to describe those who traded in goods or credit on a large scale; this distinction was necessary to separate the daily trade that the general population understood from the rising ranks of traders who took up their places on a world stage and were seen as quite distant from everyday experience.
Broadly, merchants can be classified into two categories: A wholesale merchant operates in the chain between the producer and retail merchant dealing in large quantities of goods. In other words, a wholesaler does not sell directly to end-users; some wholesale merchants only organize the movement of goods rather than move the goods themselves. A retail merchant or retailer sells merchandise to end-users or consumers in small quantities. A shop-keeper is a retail merchant. However, the term'merchant' is used in a variety of specialised contexts such as in merchant banker, merchant navy or merchant services. Merchants have existed as long as business and commerce have been conducted. A merchant class characterized many pre-modern societies. Open air, public markets, where merchants and traders congregated, were known in ancient Babylonia and Assyria, Egypt, India, Persia and Rome; these markets occupied a place in the town's centre. Surrounding the market, skilled artisans, such as metal-workers and leather workers, occupied premises in alley ways that led to the open market-place.
These artisans may have sold wares directly from their premises, but prepared goods for sale on market days. In ancient Greece markets operated within the agora, in ancient Rome the forum. Rome had two forums; the latter was a vast expanse. The Roman forum was arguably the earliest example of a permanent retail shop-front. In antiquity, exchange involved direct selling through permanent or semi-permanent retail premises such as stall-holders at market places or shop-keepers selling from their own premises or through door-to-door direct sales via merchants or peddlers; the nature of direct selling centred around transactional exchange, where the goods were on open display, allowing buyers to evaluate quality directly through visual inspection. Relationships between merchant and consumer were minimal playing into public concerns about the quality of produce; the Phoenicians were well known amongst contemporaries as "traders in purple" – a
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares. Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is synonymous with incorporation and limited liability. Therefore, joint-stock companies are known as corporations or limited companies; some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and other countries that have adopted its model of company law, they are known as unlimited companies. In the United States, they are known as joint-stock companies. Ownership refers to a large number of privileges; the company is managed on behalf of the shareholders by a board of directors, elected at an annual general meeting. The shareholders vote to accept or reject an annual report and audited set of accounts.
Individual shareholders can sometimes stand for directorships within the company if a vacancy occurs, but, uncommon. The shareholders are liable for any of the company debts that extend beyond the company's ability to pay up to the amount of them. Finding the earliest joint-stock company is a matter of definition; the earliest records of joint stock company can be found in China during the Song Dynasty. Around 1250 in France at Toulouse, 96 shares of the Société des Moulins du Bazacle, or Bazacle Milling Company were traded at a value that depended on the profitability of the mills the society owned, making it the first company of its kind in history; the Swedish company Stora has documented a stock transfer for an eighth of the company as early as 1288. In more recent history, the earliest joint-stock company recognized in England was the Company of Merchant Adventurers to New Lands, chartered in 1553 with 250 shareholders. Muscovy Company, which had a monopoly on trade between Moscow and London, was chartered soon after in 1555.
The much more famous and powerful English East India Company was granted an English Royal Charter by Elizabeth I on December 31, 1600, with the intention of favouring trade privileges in India. The Royal Charter gave the newly created Honourable East India Company a 15-year monopoly on all trade in the East Indies; the Company transformed from a commercial trading venture to one that ruled India and exploited its resources, as it acquired auxiliary governmental and military functions, until its dissolution. Soon afterwards, in 1602, the Dutch East India Company issued shares that were made tradable on the Amsterdam Stock Exchange; that invention enhanced the ability of joint-stock companies to attract capital from investors, as they could now dispose their shares. In 1612, it became the first'corporation' in intercontinental trade with'locked in' capital and limited liability. During the period of colonialism, Europeans the British, trading with the Near East for goods and calico for example, enjoyed spreading the risk of trade over multiple sea voyages.
The joint-stock company became a more viable financial structure than previous guilds or state-regulated companies. The first joint-stock companies to be implemented in the Americas were The London Company and The Plymouth Company. Transferable shares earned positive returns on equity, evidenced by investment in companies like the British East India Company, which used the financing model to manage trade in India. Joint-stock companies paid out divisions to their shareholders by dividing up the profits of the voyage in the proportion of shares held. Divisions were cash, but when working capital was low and detrimental to the survival of the company, divisions were either postponed or paid out in remaining cargo, which could be sold by shareholders for profit. However, in general, incorporation was possible by royal charter or private act, it was limited because of the government's jealous protection of the privileges and advantages thereby granted; as a result of the rapid expansion of capital-intensive enterprises in the course of the Industrial Revolution in Britain, many businesses came to be operated as unincorporated associations or extended partnerships, with large numbers of members.
Membership of such associations was for a short term so their nature was changing. Registration and incorporation of companies, without specific legislation, was introduced by the Joint Stock Companies Act 1844. Companies incorporated under this Act did not have limited liability, but it became common for companies to include a limited liability clause in their internal rules. In the case of Hallett v Dowdall, the English Court of the Exchequer held that such clauses bound people who have notice of them. Four years the Joint Stock Companies Act 1856 provided for limited liability for all joint-stock companies provided, among other things, that they included the word "limited" in their company name; the landmark case of Salomon v A Salomon & Co Ltd established that a company with legal liability, not being a partnership, had a distinct legal personality, separate from that of its individual shareholders. The existence of a corporation requires a special legal framework and body of law that grants the corporation legal personality, it ty
Columbia University Press
Columbia University Press is a university press based in New York City, affiliated with Columbia University. It is directed by Jennifer Crewe and publishes titles in the humanities and sciences, including the fields of literary and cultural studies, social work, religion and international studies. Founded in 1893, Columbia University Press is notable for publishing reference works, such as The Columbia Encyclopedia, The Columbia Granger's Index to Poetry and The Columbia Gazetteer of the World and for publishing music. First among American university presses to publish in electronic formats, in 1998 the Press founded an online-only site, Columbia International Affairs Online and Columbia Earthscape. In 2011, Columbia University Press bought UK publisher Wallflower Press. Official website Columbia Earthscape Columbia International Affairs Online Columbia Granger's World of Poetry Columbia Gazetteer of the World
Hong Kong the Hong Kong Special Administrative Region of the People's Republic of China and abbreviated as HK, is a special administrative region on the eastern side of the Pearl River estuary in southern China. With over 7.4 million people of various nationalities in a 1,104-square-kilometre territory, Hong Kong is the world's fourth most densely populated region. Hong Kong became a colony of the British Empire after Qing Empire ceded Hong Kong Island at the end of the First Opium War in 1842; the colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War, was further extended when Britain obtained a 99-year lease of the New Territories in 1898. The entire territory was transferred to China in 1997; as a special administrative region, Hong Kong's system of government is separate from that of mainland China and its people identify more as Hongkongers rather than Chinese. A sparsely populated area of farming and fishing villages, the territory has become one of the world's most significant financial centres and commercial ports.
It is the world's seventh-largest trading entity, its legal tender is the world's 13th-most traded currency. Although the city has one of the highest per capita incomes in the world, it has severe income inequality; the territory has the largest number of skyscrapers in most surrounding Victoria Harbour. Hong Kong ranks seventh on the UN Human Development Index, has the sixth-longest life expectancy in the world. Although over 90 per cent of its population uses public transportation, air pollution from neighbouring industrial areas of mainland China has resulted in a high level of atmospheric particulates; the name of the territory, first spelled "He-Ong-Kong" in 1780 referred to a small inlet between Aberdeen Island and the southern coast of Hong Kong Island. Aberdeen was an initial point of contact between local fishermen. Although the source of the romanised name is unknown, it is believed to be an early phonetic rendering of the Cantonese pronunciation hēung góng; the name translates as "fragrant harbour" or "incense harbour".
"Fragrant" may refer to the sweet taste of the harbour's freshwater influx from the Pearl River or to the odor from incense factories lining the coast of northern Kowloon. The incense was stored near Aberdeen Harbour for export. Sir John Davis offered an alternative origin; the simplified name Hong Kong was used by 1810 written as a single word. Hongkong was common until 1926, when the government adopted the two-word name; some corporations founded during the early colonial era still keep this name, including Hongkong Land, Hongkong Electric and Shanghai Hotels and the Hongkong and Shanghai Banking Corporation. The region is first known to have been occupied by humans during the Neolithic period, about 6,000 years ago. Early Hong Kong settlers were a semi-coastal people who migrated from inland and brought knowledge of rice cultivation; the Qin dynasty incorporated the Hong Kong area into China for the first time in 214 BCE, after conquering the indigenous Baiyue. The region was consolidated under the Nanyue kingdom after the Qin collapse, recaptured by China after the Han conquest.
During the Mongol conquest, the Southern Song court was located in modern-day Kowloon City before its final defeat in the 1279 Battle of Yamen. By the end of the Yuan dynasty, seven large families had settled in the region and owned most of the land. Settlers from nearby provinces migrated to Kowloon throughout the Ming dynasty; the earliest European visitor was Portuguese explorer Jorge Álvares, who arrived in 1513. Portuguese merchants established a trading post called in Hong Kong waters, began regular trade with southern China. Although the traders were expelled after military clashes in the 1520s, Portuguese-Chinese trade relations were reestablished by 1549. Portugal acquired a permanent lease for Macau in 1557. After the Qing conquest, maritime trade was banned under the Haijin policies; the Kangxi Emperor lifted the prohibition, allowing foreigners to enter Chinese ports in 1684. Qing authorities established the Canton System in 1757 to regulate trade more restricting non-Russian ships to the port of Canton.
Although European demand for Chinese commodities like tea and porcelain was high, Chinese interest in European manufactured goods was insignificant. To counter the trade imbalance, the British sold large amounts of Indian opium to China. Faced with a drug crisis, Qing officials pursued ever-more-aggressive actions to halt the opium trade; the Daoguang Emperor rejected proposals to legalise and tax opium, ordering imperial commissioner Lin Zexu to eradicate the opium trade in 1839. The commissioner destroyed opium stockpiles and halted all foreign trade, forcing a British military response and triggering the First Opium War; the Qing ceded Hong Kong Island in the Convention of Chuenpi. However, both countries did not ratify the agreement. After over a year of further hostilities, Hong Kong Island was formally ceded to the United Kingdom in the 1842 Treaty of Nanking. Administrative infrastructure was built up by early 1842, but piracy and hostile Qing policies towards Hong Kong prevented the government from attracting merchants.
The Taiping Rebellion, when many wealthy Chinese fled mainland turbulence and settled in the colon
Economy of Hong Kong
As one of the world's leading international financial centres, Hong Kong's service-oriented economy is characterized by its low taxation free port trade and well established international financial market. Its currency, called the Hong Kong dollar, is issued by three major international commercial banks, pegged to the US dollar. Interest rates are determined by the individual banks in Hong Kong to ensure. There is no recognised central banking system, although the Hong Kong Monetary Authority functions as a financial regulatory authority. According to the Index of Economic Freedom, Hong Kong has had the highest degree of economic freedom in the world since the inception of the index in 1995, its economy is governed under positive non-interventionism, is dependent on international trade and finance. For this reason it is regarded as among the most favorable places to start a company. In fact, a recent study shows that Hong Kong has come from 998 registered start-ups in 2014 to over 2800 in 2018, with eCommerce, Fintech and Advertising companies comprising the majority.
The Economic Freedom of the World Index listed Hong Kong as the number one country, with a score of 8.97, in 2015. Hong Kong's economic strengths include a sound banking system no public debt, a strong legal system, ample foreign exchange reserves at around US $408 billion as of mid-2017, rigorous anti-corruption measures and close ties with mainland China; the Hong Kong Stock Exchange is a favourable destination for international firms and firms from mainland China to be listed due to Hong Kong's internationalised and modernised financial industry along with its capital market in Asia, its size and available financial tools, which are comparable to London and New York. Hong Kong's gross domestic product has grown 180 times between 1961 and 1997; the GDP per capita rose by 87 times within the same time frame. Its economy is larger than Israel's or Ireland's and its GDP per capita at purchasing power parity was the sixth highest globally in 2011, higher than the United States and the Netherlands and lower than Brunei.
In 2009, Hong Kong's real economic growth fell by 2.8% as a result of the global financial turmoil. By the late 20th century, Hong Kong was the seventh largest port in the world and second only to New York and Rotterdam in terms of container throughput. Hong Kong is a full Member of World Trade Organization; the Kwai Chung container complex was the largest in Asia. The Hong Kong Stock Exchange is the sixth largest in the world, with a market capitalisation of about US$3.732 trillion. Hong Kong has had an abundant supply of labour from the regions nearby. A skilled labour force coupled with the adoption of modern British/Western business methods and technology ensured that opportunities for external trade and recruitment were maximised. Prices and wages in Hong Kong are flexible, depending on the performance and stability of the economy of Hong Kong. Hong Kong raises revenues from the sale and taxation of land and through attracting international businesses to provide capital for its public finance, due to its low tax policy.
According to Healy Consultants, Hong Kong has the most attractive business environment within East Asia, in terms of attracting foreign direct investment. In 2013, Hong Kong was the third largest recipient of FDI in the world. Hong Kong ranked fourth on the Tax Justice Network's 2011 Financial Secrecy Index; the Hong Kong Government was the fourth highest ranked Asian government in the World Economic Forum's Network Readiness Index, a measure of a government's information and communication technologies in 2016, ranked 13th globally. The Hong Kong Stock Exchange is the sixth largest in the world, with a market capitalisation of about US$3.732 trillion as of mid-2017. In 2006, the value of initial public offerings conducted in Hong Kong was second highest in the world after London. In 2009, Hong Kong raised 22 percent of IPO capital, becoming the largest centre of IPOs in the world; the exchange is the world's 10th third largest in China. Since the 1997 handover, Hong Kong's economic future became far more exposed to the challenges of economic globalisation and the direct competition from cities in mainland China.
In particular, Shanghai claimed to have a geographical advantage. The Shanghai municipal government dreamt of turning the city into China's main economic centre by as early as 2010; the target is to allow Shanghai to catch up to New York by 2040–2050. Hong Kong's economic policy has been cited by economists such as Milton Friedman and the Cato Institute as an example of laissez-faire capitalism, attributing the city's success to the policy. However, others have argued that the economic strategy is not adequately characterised by the term laissez-faire, they point out that there are still many ways in which the government is involved in the economy, some of which exceed the degree of involvement in other capitalist countries. For example, the government is involved in public works projects, healthcare and social welfare spending. Further, although rates of taxation on personal and corporate income are low by international standards, unlike most other countries Hong Kong's government raises a significant portion of its revenues from land leases and land taxation.
All land in Hong Kong is owned by the government and is leased to private developers and users on fixed terms, for fees which are paid to the state treasury. By restricting the sale of land leases, the Hong Kong government keeps the price of land at what some consider as art
Australia the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands. It is the world's sixth-largest country by total area; the neighbouring countries are Papua New Guinea and East Timor to the north. The population of 25 million is urbanised and concentrated on the eastern seaboard. Australia's capital is Canberra, its largest city is Sydney; the country's other major metropolitan areas are Melbourne, Brisbane and Adelaide. Australia was inhabited by indigenous Australians for about 60,000 years before the first British settlement in the late 18th century, it is documented. After the European exploration of the continent by Dutch explorers in 1606, who named it New Holland, Australia's eastern half was claimed by Great Britain in 1770 and settled through penal transportation to the colony of New South Wales from 26 January 1788, a date which became Australia's national day; the population grew in subsequent decades, by the 1850s most of the continent had been explored and an additional five self-governing crown colonies established.
On 1 January 1901, the six colonies federated. Australia has since maintained a stable liberal democratic political system that functions as a federal parliamentary constitutional monarchy, comprising six states and ten territories. Being the oldest and driest inhabited continent, with the least fertile soils, Australia has a landmass of 7,617,930 square kilometres. A megadiverse country, its size gives it a wide variety of landscapes, with deserts in the centre, tropical rainforests in the north-east and mountain ranges in the south-east. A gold rush began in Australia in the early 1850s, its population density, 2.8 inhabitants per square kilometre, remains among the lowest in the world. Australia generates its income from various sources including mining-related exports, telecommunications and manufacturing. Indigenous Australian rock art is the oldest and richest in the world, dating as far back as 60,000 years and spread across hundreds of thousands of sites. Australia is a developed country, with the world's 14th-largest economy.
It has a high-income economy, with the world's tenth-highest per capita income. It is a regional power, has the world's 13th-highest military expenditure. Australia has the world's ninth-largest immigrant population, with immigrants accounting for 26% of the population. Having the third-highest human development index and the eighth-highest ranked democracy globally, the country ranks in quality of life, education, economic freedom, civil liberties and political rights, with all its major cities faring well in global comparative livability surveys. Australia is a member of the United Nations, G20, Commonwealth of Nations, ANZUS, Organisation for Economic Co-operation and Development, World Trade Organization, Asia-Pacific Economic Cooperation, Pacific Islands Forum and the ASEAN Plus Six mechanism; the name Australia is derived from the Latin Terra Australis, a name used for a hypothetical continent in the Southern Hemisphere since ancient times. When Europeans first began visiting and mapping Australia in the 17th century, the name Terra Australis was applied to the new territories.
Until the early 19th century, Australia was best known as "New Holland", a name first applied by the Dutch explorer Abel Tasman in 1644 and subsequently anglicised. Terra Australis still saw occasional usage, such as in scientific texts; the name Australia was popularised by the explorer Matthew Flinders, who said it was "more agreeable to the ear, an assimilation to the names of the other great portions of the earth". The first time that Australia appears to have been used was in April 1817, when Governor Lachlan Macquarie acknowledged the receipt of Flinders' charts of Australia from Lord Bathurst. In December 1817, Macquarie recommended to the Colonial Office. In 1824, the Admiralty agreed that the continent should be known by that name; the first official published use of the new name came with the publication in 1830 of The Australia Directory by the Hydrographic Office. Colloquial names for Australia include "Oz" and "the Land Down Under". Other epithets include "the Great Southern Land", "the Lucky Country", "the Sunburnt Country", "the Wide Brown Land".
The latter two both derive from Dorothea Mackellar's 1908 poem "My Country". Human habitation of the Australian continent is estimated to have begun around 65,000 to 70,000 years ago, with the migration of people by land bridges and short sea-crossings from what is now Southeast Asia; these first inhabitants were the ancestors of modern Indigenous Australians. Aboriginal Australian culture is one of the oldest continual civilisations on earth. At the time of first European contact, most Indigenous Australians were hunter-gatherers with complex economies and societies. Recent archaeological finds suggest. Indigenous Australians have an oral culture with spiritual values based on reverence for the land and a belief in the Dreamtime; the Torres Strait Islanders, ethnically Melanesian, obtained their livelihood from seasonal horticulture and the resources of their reefs and seas. The northern coasts and waters of Australia were visited s
The United States of America known as the United States or America, is a country composed of 50 states, a federal district, five major self-governing territories, various possessions. At 3.8 million square miles, the United States is the world's third or fourth largest country by total area and is smaller than the entire continent of Europe's 3.9 million square miles. With a population of over 327 million people, the U. S. is the third most populous country. The capital is Washington, D. C. and the largest city by population is New York City. Forty-eight states and the capital's federal district are contiguous in North America between Canada and Mexico; the State of Alaska is in the northwest corner of North America, bordered by Canada to the east and across the Bering Strait from Russia to the west. The State of Hawaii is an archipelago in the mid-Pacific Ocean; the U. S. territories are scattered about the Pacific Ocean and the Caribbean Sea, stretching across nine official time zones. The diverse geography and wildlife of the United States make it one of the world's 17 megadiverse countries.
Paleo-Indians migrated from Siberia to the North American mainland at least 12,000 years ago. European colonization began in the 16th century; the United States emerged from the thirteen British colonies established along the East Coast. Numerous disputes between Great Britain and the colonies following the French and Indian War led to the American Revolution, which began in 1775, the subsequent Declaration of Independence in 1776; the war ended in 1783 with the United States becoming the first country to gain independence from a European power. The current constitution was adopted in 1788, with the first ten amendments, collectively named the Bill of Rights, being ratified in 1791 to guarantee many fundamental civil liberties; the United States embarked on a vigorous expansion across North America throughout the 19th century, acquiring new territories, displacing Native American tribes, admitting new states until it spanned the continent by 1848. During the second half of the 19th century, the Civil War led to the abolition of slavery.
By the end of the century, the United States had extended into the Pacific Ocean, its economy, driven in large part by the Industrial Revolution, began to soar. The Spanish–American War and World War I confirmed the country's status as a global military power; the United States emerged from World War II as a global superpower, the first country to develop nuclear weapons, the only country to use them in warfare, a permanent member of the United Nations Security Council. Sweeping civil rights legislation, notably the Civil Rights Act of 1964, the Voting Rights Act of 1965 and the Fair Housing Act of 1968, outlawed discrimination based on race or color. During the Cold War, the United States and the Soviet Union competed in the Space Race, culminating with the 1969 U. S. Moon landing; the end of the Cold War and the collapse of the Soviet Union in 1991 left the United States as the world's sole superpower. The United States is the world's oldest surviving federation, it is a representative democracy.
The United States is a founding member of the United Nations, World Bank, International Monetary Fund, Organization of American States, other international organizations. The United States is a developed country, with the world's largest economy by nominal GDP and second-largest economy by PPP, accounting for a quarter of global GDP; the U. S. economy is post-industrial, characterized by the dominance of services and knowledge-based activities, although the manufacturing sector remains the second-largest in the world. The United States is the world's largest importer and the second largest exporter of goods, by value. Although its population is only 4.3% of the world total, the U. S. holds 31% of the total wealth in the world, the largest share of global wealth concentrated in a single country. Despite wide income and wealth disparities, the United States continues to rank high in measures of socioeconomic performance, including average wage, human development, per capita GDP, worker productivity.
The United States is the foremost military power in the world, making up a third of global military spending, is a leading political and scientific force internationally. In 1507, the German cartographer Martin Waldseemüller produced a world map on which he named the lands of the Western Hemisphere America in honor of the Italian explorer and cartographer Amerigo Vespucci; the first documentary evidence of the phrase "United States of America" is from a letter dated January 2, 1776, written by Stephen Moylan, Esq. to George Washington's aide-de-camp and Muster-Master General of the Continental Army, Lt. Col. Joseph Reed. Moylan expressed his wish to go "with full and ample powers from the United States of America to Spain" to seek assistance in the revolutionary war effort; the first known publication of the phrase "United States of America" was in an anonymous essay in The Virginia Gazette newspaper in Williamsburg, Virginia, on April 6, 1776. The second draft of the Articles of Confederation, prepared by John Dickinson and completed by June 17, 1776, at the latest, declared "The name of this Confederation shall be the'United States of America'".
The final version of the Articles sent to the states for ratification in late 1777 contains the sentence "The Stile of this Confederacy shall be'The United States of America'". In June 1776, Thomas Jefferson wrote the phrase "UNITED STATES OF AMERICA" in all capitalized letters in the headline of his "original Rough draught" of the Declaration of Independence; this draft of the document did not surface unti