The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies, and later with East Asia. The company gained control of large parts of South Asia and Hong Kong. At its peak, the company was the largest corporation in the world by various measures and had its own armed forces in the form of the company's three presidency armies, totalling about 260,000 soldiers, twice the size of the British Army at certain times.
The first written records of the region come from Arab traders in the 9th and 10th centuries. In medieval times, the region was dominated by the Trans-Saharan trade and was ruled by the Mali Empire. In the 16th century, the region came to be ruled by the Songhai Empire. The first Europeans to visit the Gambia River were the Portuguese in the 15th century, in 1447, who attempted to settle on the river banks, but no settlement of significant size was established. Descendants of the Portuguese settlers remained until the 18th century. In the late 16th century, English merchants attempted to begin a trade with the Gambia, reporting that it was "a river of secret trade and riches concealed by the Portuguese."
The Statute of Monopolies was an act of the Parliament of England notable as the first statutory expression of English patent law. Patents evolved from letters patent, issued by the monarch to grant monopolies over particular industries to skilled individuals with new techniques. Originally intended to strengthen England's economy by making it self-sufficient and promoting new industries, the system gradually became seen as a way to raise money without having to incur the public unpopularity of a tax. Elizabeth I particularly used the system extensively, issuing patents for common commodities such as starch and salt. Unrest eventually persuaded her to turn the administration of patents over to the common law courts, but her successor, James I, used it even more. Despite a committee established to investigate grievances and excesses, Parliament made several efforts to further curtail the monarch's power. The result was the Statute of Monopolies, passed on 29 May 1624.
The Asiento de Negros was a monopoly contract between the Spanish Crown and various merchants for the right to provide enslaved Africans to colonies in the Spanish Americas. The Spanish Empire rarely engaged in the transatlantic slave trade directly from Africa itself, choosing instead to contract out the importation to foreign merchants from nations more prominent in that part of the world, typically Portuguese and Genoese, but later the Dutch, French, and British. The Asiento did not concern French or British Caribbean but Spanish America.
The Royal African Company (RAC) was an English trading company established in 1660 by the House of Stuart and City of London merchants to trade along the West African coast. It was overseen by the Duke of York, the brother of Charles II of England; the RAC was founded after Charles II ascended to the English throne in the 1660 Stuart Restoration, and he granted it a monopoly on all English trade with Africa. While the company's original purpose was to trade for gold in the Gambia River, as Prince Rupert of the Rhine had identified gold deposits in the region during the Interregnum, the RAC quickly began trading in slaves, which became its largest commodity.
Cape Coast Castle is one of about forty "slave castles", or large commercial forts, built on the Gold Coast of West Africa by European traders. It was originally a Portuguese "feitoria" or trading post, established in 1555, which was named Cabo Corso.
The Piracy Act 1698 was an Act of the Parliament of England passed in the eleventh year of King William III. The main purpose behind the statute was to make some corrections to the Offences at Sea Act 1536.
The Second Virginia Charter, also known as the Charter of 1609, is a document that provided "a further Enlargement and Explanation of the said [first] Grant, Privileges, and Liberties", which gave the London Company adventurers influence in determining the policies of the company, extended the Company's rights to land extending "up into the Land throughout from Sea to Sea", and allowed English merchant companies and individuals to invest in the colonization effort. The charter includes a detailed list of the names of some 650 noblemen, gentlemen, officials, companies, and individuals who subscribed as investors.
The Habeas Corpus Act 1640 was an Act of the Parliament of England.
In 1789, Alexander Hamilton, the Secretary of the Treasury, calculated that the United States required $3 million a year for operating expenses as well as enough revenue to repay the estimated $75 million in foreign and domestic debt. Under the rates established by the Tariff of 1789, the government could not meet its obligations. Consequently, Hamilton proposed an increase in the average rate from 5 percent to between 7 and 10 percent, the addition of numerous items to the list, and the passage of an excise tax. Congress refused to pass the excise tax, but James Madison successfully steered the tariff increases through the legislature.
The African Company of Merchants or Company of Merchants Trading to Africa was a British chartered company operating from 1752 to 1821 in the Gold Coast area of modern Ghana, engaged in the Atlantic slave trade.
The Accession Declaration Act 1910 is an Act which was passed by the Parliament of the United Kingdom to alter the declaration that the Sovereign is required to make at their accession to the throne as first required by the Bill of Rights 1689. In it, they solemnly declare themself to be faithful to the Protestant faith. The altered declaration is as follows:
"I [here insert the name of the Sovereign] do solemnly and sincerely in the presence of God profess, testify, and declare that I am a faithful Protestant, and that I will, according to the true intent of the enactments which secure the Protestant succession to the Throne of my Realm, uphold and maintain the said enactments to the best of my powers according to law."
The Statute of York or the Revocation of the New Ordinances was a 1322 act of the Parliament of England that repealed the Ordinances of 1311 and prevented any similar provisions from being established. Academics argue over the actual impact of the bill, but general consensus is that it made the idea that the House of Commons should be consulted on all matters of general interest. The statute is seen as "the end of a period of revolutionary experiments in English government", with no Ordinances ever attempted again.
The Plantation Act 1740 or the Naturalization Act 1740 are common names used for an act of the British Parliament that was officially titled An Act for Naturalizing such foreign Protestants and others therein mentioned, as are settled or shall settle in any of His Majesty's Colonies in America.
Thomas Phipps was an English merchant who became briefly a Member of Parliament for, first, Wilton and, secondly, Westbury.
The Spanish Company was an English chartered company or corporate body established in 1530, and 1577, confirmed in 1604, and re-established in 1605 as President, Assistants and Fellowship of Merchants of England trading into Spain and Portugal, whose purpose was the facilitation and control of English trade between England and Spain through the establishment of a corporate monopoly of approved merchants.
The Slave Trade Act of 1800 was a law passed by the United States Congress to build upon the Slave Trade Act of 1794, limiting American involvement in the trade of human cargo. It was signed into law by President John Adams on May 10, 1800. This was among several acts of Congress that eventually outlawed the importation of slaves to the United States. The owning of slaves, and the domestic trade, would later be made illegal throughout the U.S. by the Thirteenth Amendment to the United States Constitution in 1865 following the American Civil War.
Dalby Thomas was an English businessman and writer. Thomas was a commissioner of the glass duty, which administered taxes on bottles, dishes, and other glassware. Daniel Defoe became an accountant for Dalby Thomas in the fall of 1695, through 1699. Dalby Thomas was knighted 1 August 1703 at Windsor Castle -- "of Essex and London, general, and chief director for the Royal Africa Company"
Interlopers are individuals or businesses who breach the monopoly of established guild, livery company or other body granted monopoly trading rights.
Liverpool, a port city in north-west England, was involved in the transatlantic slave trade. The trade developed in the eighteenth century, as Liverpool slave traders were able to supply fabric from Manchester to the Caribbean islands at very competitive prices.
