|
Description and Holding Information
|
|
1698ff, African Company Case, Abbreviated
|
|
The case of the Royal African Company of England: n.a.,fol., 2p, n.p., 1712? (For context, see e.g., LLMC Title No. 57025h. The gravamen of the chartered company’s case is that independent merchants should be contributing to the upkeep of its infrastructure of forts, etc. along the African coast, since they were essential to the existence of any British trade. The Company, originally chartered in 1660 as the Company of Royal Adventurers Trading to Africa, was granted a monopoly over English trade with West Africa. With the help of the Royal Army and Navy it established forts on the West African Coast. These originally served as staging and trading stations, but fairly rapidly evolved into depots for the slave trade. By 1668 the original company was heavily in debt, but had managed to spin off a separately-subscribed company called the Gambia Adventurers. In 1672 the original company re-emerged with a fresh royal charter as the Royal African Company, and by 1678 the revived company had absorbed the Gambia Adventurers. Starting in the 1680 the major activity of the Royal African Company had become the transporting of African slaves to the New World. By the time of the Glorious Revolution in 1680, the Company had effectively lost its monopoly on West African trade due to the activities of uncooperative independents. In 1698 Parliament affirmed that fact in an act that officially opened up the West African trade to all merchants. In exchange, however, all independents were required to pay a 10% levy to the Company on all goods exported from Africa to help maintain the infrastructure of forts, etc., which made the trade possible. This contribution requirement was a constant source of friction between the Company and the independent merchants; sometimes referred to as the Separate Traders to Africa {See LLMC Title No. 57025b}. The Royal African Company was dissolved in 1752. Its successor was the African Company of Merchants, also known as the Company of Merchants Trading to Africa. This latter chartered company was very active in the area that became modern Ghana from 1752 until is dissolution in 1821. The print text of this title was scanned from the Lincoln’s Inn Library pamphlet volume Misc. 103.)
|
|
Title:
The case of the Royal African Company of England.
|
|
OCLC Number:
891148231
|
|
|
|
Available Volumes
|
|
Name | Fiche Count | Online | Paper Backup |
Vol. 1 | | Yes | No |
|
|
|