Therefore, extracting valuable minerals would be essential. According to Brenner, The decline of the Virginia Company as its predecessors would be “the result of the overwhelming failure of its joint stock company to attract investment funds.” “Ralph Lane’s 1586 Discourse on the First Colony: The Renaissance Commercial Report as Apologia” is a work by Michael G. Moran which discusses Ralph Lane’s attempts to discuss four criticism of his governorship of Roanoke Island including: the mistreatment of the natives, his incompetency as a military leader, that he abandoned the colony, and more importantly that he that he failed to explore the region to find commodities valuable to Raleigh and his investors. For the finding a valuable commodities in this New World would be essential in order to not only finance the operation, but also attract further investors during the second round of colonization of North America. As mentioned, the region of Virginia would be founded upon many different hopes for profitable undertaking-some of them commercial, some agricultural, and some industrial. Understandably then protecting the heavy investment placed on this colony would also be a provision of …show more content…
III. Early English Explorer’s Bias Reflected on the Instructions: Often when reading a historical work it is often in the best interest of the reader to be aware of any bias or hidden agendas the author of the work may have. The stories of the early colonization of Roanoke would reflect the biases of these early explorers, and these biases would arguably influence members of the Virginia Company. According to author Michael L. Oberg in Indians and Englishmen at the First Roanoke Colony: A Note on Pemisapan’s Conspiracy, 1585-86, in July 1585 a collection of English soldiers and settlers, under the command of Ralph Lane whom Sir Walter Raleigh would place in command, would argue that the settlement was forced to be abandoned due to the his contention that the Algonquian under Wingnia organized a plot to attack the English settlement with the assistance of neighboring Algonquian bands. Although most contemporary historiography would perhaps argue that there were no grounds for Ralph Lane’s assumption, it cannot be argued how powerfully