English debtors founded the colony of Georgia in America in 1732. It was established as a buffer between the British colonies and Spanish Florida, as well as a place where debtors could make a fresh start.
Georgia
Debtors
The place where most English families live is called England.
James Oglethorpe was the main proponent of the colony of Georgia. His friend died in debtor's prision, so he was very interested in prision reform. He therefore opened up his colony (named after King George III) to debtors to start new lives.
English Debtors
James Oglethorpe, a distinguished soldier and member of Parliament, settled Georgia as a home for insolvent debtors who were brought there from English jails. He also made it a safe place for the Protestants of the Continent who were persecuted.
Georgia
Georgia
They forced me to answer this question. ;-;
Well, honey, Georgia was called a debtors colony because it was established as a place where debtors from England could start fresh and repay their debts by working off their balances. James Oglethorpe, the founder, wanted to provide a second chance for those who were struggling financially. So, basically, it was like a "get out of debt free" card for those who needed a clean slate.
His plan was to give English debtors land to farm.