翻译以下英语段落
The part of North America known as New France was not colonized until the early 1600s because Francehad been too in European wars to concentrate on North America. During a lull between wars, the French king realized that colonies were necessary to protect the riches of the fur trade from other European powers. Mercantilism would not work without colonies. Between 1603 and 1645, the French state granted trading monopolies to individuals and companies. Each of these was supposed to help in the colonization od New France.