New Zealand Company
The New Zealand Company, chartered in the United Kingdom, was a company that existed in the first half of the 1800s on a business model focused on the systematic colonisation of New Zealand. The company was formed to carry out the principles devised by Edward Gibbon Wakefield, who envisaged the creation of a new-model English society in the southern hemisphere. Under Wakefield’s model, the colony would attract capitalists who would then have a ready supply of labour—migrant labourers who could not initially afford to be property owners, but who would have the expectation of one day buying land with their savings.
New Zealand English
When in 1788 the , most of New Zealand was nominally included, but no real legal authority or control was exercised. However, when the New Zealand Company announced in 1839 its plans to establish colonies in New Zealand this and the increased commercial interests of merchants in Sydney and London spurred the British to take stronger action. Captain William Hobson was sent to New Zealand to persuade Māori to cede their sovereignty to the British Crown and on 6 February 1840, Hobson and about forty Māori chiefs signed the Treaty of Waitangi at Waitangi in the Bay of Islands. From this point onward there was considerable European settlement, primarily from England, Wales, Scotland and Ireland; and to a lesser extent the United States, India, China, and various parts of continental Europe. Some 400,000 settlers came from Britain, of whom 300,000 stayed permanently. Most were young people and 250,000 babies were born. New Zealand ceased to be part of New South Wales and became a British colony on 1 July 1841.