in colonial days were capitalists themselves, in a small or a large way,
and paid their own passage. What proportion of the colonists were able
to finance their voyage across the sea is a matter of pure conjecture.
Undoubtedly a very considerable number could do so, for we can trace the
family fortunes of many early settlers. Henry Cabot Lodge is authority
for the statement that "the settlers of New England were drawn from the
country gentlemen, small farmers, and yeomanry of the mother
country.... Many of the emigrants were men of wealth, as the old lists
show, and all of them, with few exceptions, were men of property and
good standing. They did not belong to the classes from which emigration
is usually supplied, for they all had a stake in the country they left
behind." Though it would be interesting to know how accurate this
statement is or how applicable to the other colonies, no study has as
yet been made to gratify that interest. For the present it is an
unsolved problem just how many of the colonists were able to bear the
cost of their own transfer to the New World.

=Indentured Servants.=--That at least tens of thousands of immigrants
were unable to pay for their passage is established beyond the shadow of
a doubt by the shipping records that have come down to us. The great
barrier in the way of the poor who wanted to go to America was the cost
of the sea voyage. To overcome this difficulty a plan was worked out
whereby shipowners and other persons of means furnished the passage
money to immigrants in return for their promise, or bond, to work for a
term of years to repay the sum advanced. This system was called
indentured servitude.

It is probable that the number of bond servants exceeded the original
twenty thousand Puritans, the yeomen, the Virginia gentlemen, and the
Huguenots combined. All the way down the coast from Massachusetts to