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world in 1600 getting there bantam expansion india china impacts
world in 1600
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background iberian exploration dutch exploration england foundation of the EIC
 
foundation of the EIC
 

Like the Dutch, the English wanted a key role in the spice trade. Following a year of fund raising and political negotiation, the ‘Company of Merchants of London trading into the East Indies’ was given ‘royal approval’ by a charter from Queen Elizabeth I on 31 December 1600.

218 subscribers to the new enterprise raised £68,373 – a massive amount at a time when a skilled carpenter was earning about 7 pence a day. The Company was granted a monopoly on all English trade east of the Cape of Good Hope.

All of Asia was theirs for the trading.

  coat of arms   subscription list
   

The arms used by the East India Company until 1709, a plaster cast of a ceiling boss in Poplar Chapel.
F859
(click image to enlarge)

Further Information

The first subscription list for the English East India Company, 22 September 1599.
B/1
(click image to enlarge)

Further Information

World in 1600Getting ThereBantamExpansionIndiaChinaImpactsHOMECONTACT US SITE MAP

BackgroundIberian Exploration Dutch ExplorationEnglandFoundation of the East India Company