26 August 1768: Captain Cook sets sail on his first voyage of discovery
On this day in 1768, Captain James Cook set off from Plymouth on his way to Tahiti and the fabled land of Terra Australis Incognita.
On this day in 1768, Lieutenant (as he then was) James Cook set sail from Plymouth in command of the converted coal carrier HM Bark Endeavour, carrying a complement of scientists, on the first of his three voyages of discovery.
The stated purpose of the voyage, which was jointly sponsored by the Admiralty and the Royal Society, was to head for Tahiti to observe the transit of Venus across the sun, which would be visible only from the southern hemisphere, in June 1769. The second aim of the voyage, which Cook would only learn about on opening his sealed orders once at sea, was to find evidence of the unknown southern land, Terra Australis Incognita.
After concluding his business in Tahiti, Cook headed south as ordered, then west for New Zealand. He took with him two Tahitians: a priest, Tupaia, and his servant, Taiata, to help him navigate, and to communicate with any natives he might meet.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Part of Cook's orders was to record any flora and fauna he came across, bring back mineral samples and seeds, and observe the "genius, temper, disposition and number of the natives" and, "with the consent of the natives to take possession for His Majesty... as first discoverers and possessors".
Unfortunately, his first encounter with the Maoris involved some cultural misunderstandings, which left a couple of them dead. Nevertheless, he completed a comprehensive exploration and charting of the coast of New Zealand, before setting out west again to seek the fabled southern land.
In April 1770, Cook and his crew sighted land at Point Hicks in what is now Victoria. They scuttled north up the coast, and made landfall a week or so later at a place initially named Stingray Harbour, but which would soon become known as Botany Bay. In doing so, they become the first Europeans to visit Australia.
Cook continued northwards, charting the coast as he went, sighting and shooting the first kangaroo, and surviving a grounding on the Great Barrier Reef on the way.
He returned home via the Cape of Good Hope, arriving back in England in July 1771. Less than 20 years later the First Fleet would land to found the penal colony that would become the first European settlement in Australia.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.
Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin.
As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.
-
Tycoon Truong My Lan on death row over world’s biggest bank fraud
Property tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
By Jane Lewis Published
-
Why undersea cables are under threat – and how to protect them
Undersea cables power the internet and are vital to modern economies. They are now vulnerable
By Simon Wilson Published
-
31 August 1957: the Federation of Malaya declares independence from the UK
Features On this day in 1957, after ten years of preparation, the Federation of Malaya became an independent nation.
By Jasper Spires Published
-
13 April 1960: the first satellite navigation system is launched
Features On this day in 1960, Nasa sent the Transit 1B satellite into orbit to provide positioning for the US Navy’s fleet of Polaris ballistic missile submarines.
By Ben Judge Published
-
9 April 1838: National Gallery opens in Trafalgar Square
Features On this day in 1838, William Wilkins’ new National Gallery building in Trafalgar Square opened to the public.
By Ben Judge Published
-
3 March 1962: British Antarctic Territory is created
Features On this day in 1962, Britain formed the British Antarctic Territory administered from the Falkland Islands.
By Chris Carter Published
-
10 March 2000: the dotcom bubble peaks
Features Tech mania fanned by the dawning of the internet age inflated the dotcom bubble to maximum extent, on this day in 2000.
By Chris Carter Last updated
-
9 March 1776: Adam Smith publishes 'The Wealth of Nations'
Features On this day in 1776, Adam Smith, the “father of modern economics”, published his hugely influential book The Wealth of Nations.
By Ben Judge Last updated
-
8 March 1817: the New York Stock Exchange is formed
Features On this day in 1817, a group of brokers moved out of a New York coffee house to form what would become the biggest stock exchange in the world.
By Chris Carter Last updated
-
7 March 1969: Queen Elizabeth II officially opens the Victoria Line
Features On this day in 1969, Queen Elizabeth II took only her second trip on the tube to officially open the underground’s newest line – the Victoria Line.
By Ben Judge Last updated