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Amerigo, in describing his discoveries, ventured so far as to suggest that they constituted a New World; and a German professor, named Martin Waldseemüller, who wrote an introduction to Cosmography in 1506, which included an account of Amerigo's discoveries, suggested that this New World should be called after him, AMERICA, after the analogy of Asia, Africa, and Europe.

It could no longer be doubted, by those at least who had seen the great mouths of the Amazon and the Plate Rivers, that behind this long stretch of coast lay an immense continent; a projection of Asia, doubtless, separated from it by some narrow strait, perhaps, or possibly by an unknown sea: at any rate, a "boundless land to the south," as Columbus reported; and which "may be called a new world, since our ancestors had no knowledge of it," as Vespucci thought; "a fourth part of the world," said Waldseemüller in his Introduction to Cosmography, published in 1507, "which since Americus discovered it may be called Amerige i.e., Americ's land or America."

Martin Waldseemüller, of Freiburg, in his Cosmographiae Introductio, published in 1507, wrote: "I do not see why any one may justly forbid it to be named after Americus, its discoverer, a man of sagacious mind, Amerige, that is the land of Americus or America, since both Europe and Asia derived their names from women."

Martin Behaim, Regiomontanus, and other German scientists contributed largely to the development of the science of navigation during the period of discovery; Waldseemuller suggested the name that has been universally accepted for the New World; the numerous printing-presses of Germany did much to make known to Europe the history of the exploration and early conquests and the wonders of the Indies; under Charles V. the empire was brought closely into connection with Spain, the greatest colonizing power of the seventeenth century; her Fuggers, Welsers, and other capitalists provided much of the means for the early Spanish voyages, and for a time held extensive grants in Venezuela under the Spanish crown; and her teeming emigrants furnished a large part of the colonial population.

They were full of guests drinking and chatting, but no one noticed the poor monk, who could listen undisturbed to their conversation. In the first room a group had formed round a man who was distributing specimens of a printed book, the leaves of which people were eagerly turning. "Hylacompus? is that a pseudonym?" asked one of them. "He is a printer called Waldseemuller in Saint-Die."

Martin Waldseemuller divided the globe into four large parts or continents Europe, Asia, Africa, and the newly discovered fourth part, which he suggested "ought to be called America, because Americus discovered it."

His second letter, written from Portugal in September, 1504, to another friend, was used by Martin Waldseemuller, a German professor who was then collecting all the information he could gather to make up a book on geography.