"I called the New World into existence, to redress the balance of the Old"

George Canning's quote is a reference to the colonization of the Americas by Europeans. He is suggesting that the New World was created to cancel the Old World, which was the traditional name for Europe. This could be analyzed as a way of saying that the New World was created to provide a brand-new start for Europeans, who were dealing with a range of problems in their home countries. Canning's quote could also be viewed as a way of acknowledging the value of the New World in supplying a new chance for Europeans to check out and establish. By creating the New World, Europeans were able to broaden their knowledge and resources, and create a new society that was various from the Old World. Canning's quote is a suggestion of the value of the New World in offering a new start for Europeans, and how it assisted to redress the balance of the Old World.