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73-510: (Redirected from East India Companies ) [REDACTED] Look up East India Company in Wiktionary, the free dictionary. East India Company is a general term, referring to a number of European trading companies established in the early modern era to establish trade relations with and subsequently political control over the Indian subcontinent,

146-514: A licence from the company were liable to forfeiture of their ships and cargo (half of which would go to the Crown and half to the company), as well as imprisonment at the "royal pleasure." The charter named Thomas Smythe as the first governor of the company, and 24 directors (including James Lancaster) or "committees", who made up a Court of Directors. They, in turn, reported to a Court of Proprietors, who appointed them. Ten committees reported to

219-568: A private fleet of 200 ships. It specialised in the spice trade and gave its shareholders 40% annual dividend. The British East India Company was fiercely competitive with the Dutch and French throughout the 17th and 18th centuries over spices from the Spice Islands . Some spices, at the time, could only be found on these islands, such as nutmeg and cloves; and they could bring profits as high as 400 per cent from one voyage. The tension

292-719: A relative of the Grand Mughal , though there is no evidence to suggest that it was his daughter and her retinue. The loot from the Ganj-i-Sawai had a total value between £325,000 and £600,000, including 500,000 gold and silver pieces, and has become known as the richest ship ever taken by pirates. When the news arrived in England it caused an outcry. To appease Aurangzeb, the East India Company promised to pay all financial reparations, while Parliament declared

365-613: A retail business founded by Sanjiv Mehta in 2010 See also [ edit ] West India Company (disambiguation) East India Company College East India (disambiguation) Colonial India Christianity in India Christianity in Indonesia Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title East India Company . If an internal link led you here, you may wish to change

438-529: A return of some 5,000 per cent. Thus started an important element in the eastern design during the late sixteenth century. Soon after the Spanish Armada 's defeat in 1588, the captured Spanish and Portuguese ships and cargoes enabled English voyagers to travel the globe in search of riches. London merchants presented a petition to Elizabeth I for permission to sail to the Indian Ocean. The aim

511-637: A young Mughal Prince as Emperor with the Company as the de jure protectors of the Empire from their position of direct control in Bengal. This relationship was repeatedly strained as the Company continued its expansion and exploitation, however it lasted in some form until 1858 when the last Mughal Emperor was exiled as the Company was disbanded and its assets were taken over by the British Crown. In 1634,

584-497: Is regarded as the "Father of the Indian Army". From the mid-eighteenth century, the East India Company began to maintain armies at each of its three main stations, or Presidencies of British India , at Calcutta (Bengal), Madras and Bombay . The Bengal Army, Madras Army, and Bombay Army were quite distinct, each with its own Regiments and cadre of European officers. All three armies contained European regiments in which both

657-644: The Fancy , reached the Straits of Bab-el-Mandeb , where he teamed up with five other pirate captains to make an attack on the Indian fleet returning from the annual pilgrimage to Mecca . The Mughal convoy included the treasure-laden Ganj-i-Sawai , reported to be the greatest in the Mughal fleet and the largest ship operational in the Indian Ocean, and its escort, the Fateh Muhammed . They were spotted passing

730-601: The English Company Trading to the East Indies ) was floated under a state-backed indemnity of £2 million. The powerful stockholders of the old company quickly subscribed a sum of £315,000 in the new concern, and dominated the new body. The two companies wrestled with each other for some time, both in England and in India, for a dominant share of the trade. It quickly became evident that, in practice,

803-682: The First Opium War in 1839, which involved a succession of British naval attacks along the Chinese coast over the course of several months. As part of the Treaty of Nanjing in 1842, the Qing were forced to give British merchants special treatment and the right to sell opium. The Chinese also ceded territory to the British, including the island of Hong Kong . The prosperity that the officers of

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876-606: The Indian Rebellion of 1857 . Irregular cavalry were raised by the " silladar system " employed by rulers of Indian states. Irregular cavalry regiments had very few British officers. In addition, native artillery and pioneers (referred to later as Sappers and Miners) were also raised. Between 1796 and 1804, a regimental system on a two battalion basis was introduced. The battalions were only theoretically linked together and shared no esprit de corps . The number of British officers went up to 22 per battalion, which diminished

949-887: The Malay Peninsula , they preyed on Spanish and Portuguese ships there before returning to England in 1594. The biggest prize that galvanised English trade was the seizure of a large Portuguese carrack , the Madre de Deus , by Walter Raleigh and the Earl of Cumberland at the Battle of Flores on 13 August 1592. When she was brought in to Dartmouth she was the largest vessel ever seen in England and she carried chests of jewels, pearls, gold, silver coins, ambergris , cloth, tapestries, pepper, cloves, cinnamon, nutmeg, benjamin (a highly aromatic balsamic resin used for perfumes and medicines), red dye, cochineal and ebony. Equally valuable

1022-741: The Sepoy Rebellion of 1857 , the Government of India Act 1858 led to the British Crown assuming direct control of present-day Bangladesh, Pakistan and India in the form of the new British Indian Empire . The company subsequently experienced recurring problems with its finances, despite frequent government intervention. The company was dissolved in 1874 under the terms of the East India Stock Dividend Redemption Act enacted one year earlier, as

1095-712: The Straits of Malacca by ousting the Portuguese in 1640–1641. With reduced Portuguese and Spanish influence in the region, the EIC and VOC entered a period of intense competition, resulting in the Anglo-Dutch wars of the 17th and 18th centuries. The British were also interested in trans-Himalayan trade routes, as they would create access to untapped markets for British manufactured goods in Tibet and China. This economic interest

1168-441: The 1770s in exchange for goods like porcelain and tea , causing a series of opioid addiction outbreaks across China in 1820. The ruling Qing dynasty outlawed the opium trade in 1796 and 1800, but British merchants continued illegally nonetheless. The Qing took measures to prevent the East India Company from selling opium, and destroyed tens of thousands of chests of opium already in the country. This series of events led to

1241-563: The Americas ; and several other sea-farers who had served with Drake and Raleigh. On 22 September, the group stated their intention "to venture in the pretended voyage to the East Indies (the which it may please the Lord to prosper)" and to themselves invest £30,133 (over £4,000,000 in today's money). Two days later, the "Adventurers" reconvened and resolved to apply to the Queen for support of

1314-715: The British Army, but its 'Native' regiments were not. The three separate Presidency Armies therefore continued to exist, and their European officers continued to be listed as members of the Bengal, Madras or Bombay Army rather than the British Army . However, the Presidency Armies began to be described collectively as the Indian Army . Following the Rebellion recruitment of 'Native' Regiments switched to

1387-717: The British state and the Royal Navy in the form of the West Africa Squadron , which discovered various ships had contained evidence of the illegal trade. In 1613, during the rule of Tokugawa Hidetada of the Tokugawa shogunate , the British ship Clove , under the command of Captain John Saris , was the first English ship to call on Japan. Saris was the chief factor of the EIC's trading post in Java, and with

1460-752: The Company and its three armies. In 1895, the three presidency armies were merged into a united Indian Army . The origin of the British Indian Army and subsequently the army of independent India lies in the origins of the Presidency Armies which preceded them. The first purely Indian troops employed by the British were watchmen employed in each of the Presidencies of the British East India Company to protect their trading stations. These were all placed in 1748 under one Commander-in-Chief , Major-General Stringer Lawrence who

1533-780: The Court of Directors. By tradition, business was initially transacted at the Nags Head Inn, opposite St Botolph's church in Bishopsgate , before moving to East India House in Leadenhall Street . Sir James Lancaster commanded the first East India Company voyage in 1601 aboard Red Dragon . The following year, whilst sailing in the Malacca Straits , Lancaster took the rich 1,200 ton Portuguese carrack Sao Thome carrying pepper and spices. The booty enabled

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1606-540: The Dutch. This compelled the company to formally abandon their efforts in the Spice Islands, and turn their attention to Bengal where, by this time, they were making steady, if less exciting, profits. After gaining the indifferent patronage of the Mughal Empire , whose cities were 'the megacities of their time' and whose wealth was unrivaled outside of Asia in the 17th Century, the Company's first century in

1679-539: The EIC surrendered in 1690, and the company sent envoys to Aurangzeb 's camp to plead for a pardon. The company's envoys had to prostrate themselves before the emperor, pay a large indemnity, and promise better behaviour in the future. The emperor withdrew his troops, and the company subsequently re-established itself in Bombay and set up a new base in Calcutta. The East India Company's archives suggest its involvement in

1752-612: The English. In March 1604, Sir Henry Middleton commanded the company's second voyage . General William Keeling , a captain during the second voyage, led the third voyage aboard Red Dragon from 1607 to 1610 along with Hector under Captain William Hawkins and Consent under Captain David Middleton . Early in 1608, Alexander Sharpeigh was made captain of the company's Ascension , and general or commander of

1825-668: The Government of India Act had by then rendered it vestigial, powerless, and obsolete. The official government machinery of the British Empire had assumed its governmental functions and absorbed its armies. In 1577, Francis Drake set out on an expedition from England to plunder Spanish settlements in South America in search of gold and silver. Sailing in the Golden Hind he achieved this, and then sailed across

1898-535: The Indian Ocean. The company achieved a major victory over the Portuguese in the Battle of Swally in 1612, at Suvali in Surat . The company decided to explore the feasibility of a foothold in mainland India, with official sanction from both Britain and the Mughal Empire , and requested that the Crown launch a diplomatic mission. Company ships docked at Surat in Gujarat in 1608. The company's first Indian factory

1971-723: The Indonesian archipelago and the neighbouring lands in Southeast Asia. They would include: British East India Company (1600–1874) Dutch East India Company (1602–1799) Danish East India Company (1616–1650), re-established 1670–1729 Portuguese East India Company (1628–1633) Genoese East India Company (1649–1650) French East India Company (1664–1769), re-established 1785–1794 Swedish East India Company (1731–1813) Austrian East India Company (1776–1781) Other uses [ edit ] East India Company (video game) The East India Company,

2044-488: The Mughal emperor Shah Jahan extended his hospitality to the English traders to the richest region of the Mutual Empire Bengal , and in 1717 customs duties were completely waived for the English in Bengal. The company's mainstay businesses were by then cotton, silk, opium, indigo dye , saltpetre , and tea. The Dutch were aggressive competitors and had meanwhile expanded their monopoly of the spice trade in

2117-863: The Mughal-ruled areas was spent cultivating their relationship with the Mughal Dynasty, and conducting peaceful trade at great profit. At first it should be said the EIC was drawn into the Mughal system, acting as a kind of vassal to Mughal authority in present-day Bangladesh: from this position that the EIC would ultimately outplay and outmaneuver everyone else in the region, to eventually use that same system to hold power. What started as trading posts on undesirable land were developed into sprawling factory complexes with hundreds of workers sending exotic goods to England and managing protected points to export English finished goods to local merchants. The Company's initial rise in Bengal and successes generally came at

2190-721: The Pacific Ocean in 1579, known then only to the Spanish and Portuguese. Drake eventually sailed into the East Indies and came across the Moluccas , also known as the Spice Islands, and met Sultan Babullah . In exchange for linen, gold, and silver, the English obtained a large haul of exotic spices, including cloves and nutmeg. Drake returned to England in 1580 and became a hero; his circumnavigation raised an enormous amount of money for England's coffers, and investors received

2263-520: The Treasury, in return for exclusive privileges for the next three years, after which the situation was to be reviewed. The amalgamated company became the United Company of Merchants of England Trading to the East Indies . Presidency armies The presidency armies, like the presidencies themselves, belonged to the Company until the Indian Rebellion of 1857 , when the Crown took over

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2336-491: The adventurer Edward Michelborne , the nobleman William Cavendish and other aldermen and citizens. She granted her charter to their corporation named Governor and Company of Merchants of London trading into the East Indies . For a period of fifteen years, the charter awarded the company a monopoly on English trade with all countries east of the Cape of Good Hope and west of the Straits of Magellan . Any traders there without

2409-1096: The assistance of William Adams , an English sailor who had arrived in Japan in 1600, he was able to gain permission from the ruler to establish a commercial house in Hirado on the Japanese island of Kyushu : We give free license to the subjects of the King of Great Britaine, Sir Thomas Smythe, Governor and Company of the East Indian Merchants and Adventurers forever safely come into any of our ports of our Empire of Japan with their shippes and merchandise, without any hindrance to them or their goods, and to abide, buy, sell and barter according to their own manner with all nations, to tarry here as long as they think good, and to depart at their pleasure. Unable to obtain Japanese raw silk for export to China, and with their trading area reduced to Hirado and Nagasaki from 1616 onwards,

2482-564: The beginnings of the British Raj in the Indian subcontinent . The company eventually came to rule large areas of the Indian subcontinent, exercising military power and assuming administrative functions. Company-ruled areas in the region gradually expanded after the Battle of Plassey in 1757 and by 1858 most of modern India, Pakistan and Bangladesh was either ruled by the company or princely states closely tied to it by treaty. Following

2555-540: The chaos widened and the stakes were raised. Ultimately, the company won out, generally through as much diplomacy and state-craft(fraud and deception). The gradual rise of the EIC within the Mughal network culminated in the Second Anglo-Maratha War , in which the Company successfully ousted the Empire's official protectors in the Maratha, the Maratha high water point in their rise to power, and installed

2628-580: The coast of China that helped secure EIC ports in China, independently attacking the Portuguese in the Persian Gulf Residencies primarily for political reasons. The company established trading posts in Surat (1619) and Madras (1639). By 1647, the company had 23 factories and settlements in India, and 90 employees. Many of the major factories became some of the most populated and commercially influential cities in Bengal, including

2701-428: The company closed its factory in 1623. The first of the Anglo-Indian wars occurred in 1686 when the company conducted naval operations against Shaista Khan , the governor of Mughal Bengal . This led to the siege of Bombay and the subsequent intervention of the Mughal Emperor, Aurangzeb . Subsequently, the English company was defeated and fined. In September 1695, Captain Henry Every , an English pirate on board

2774-522: The company enjoyed allowed them to return to Britain and establish sprawling estates and businesses, and to obtain political power, such as seats in the House of Commons. Ship captains sold their appointments to successors for up to £500. As recruits aimed to return to Britain wealthy by securing Indian money, their loyalties to their homeland increased. The company developed a lobby in the English parliament. Pressure from ambitious tradesmen and former company associates (pejoratively termed Interlopers by

2847-505: The company's factories in India and imprison their officers, who were almost lynched by a mob of angry Mughals , blaming them for their countryman's depredations, and threatened to put an end to all English trading in India. To appease Emperor Aurangzeb and particularly his Grand Vizier Asad Khan , Parliament exempted Every from all of the Acts of Grace (pardons) and amnesties it would subsequently issue to other pirates. The East India Company started selling opium to Chinese merchants in

2920-443: The company), who wanted to establish private trading firms in India, led to the passing of the deregulating act in 1694. This act allowed any English firm to trade with India, unless specifically prohibited by act of parliament, thereby annulling the charter that had been in force for almost 100 years. When the East India Company Act 1697 ( 9 Will. 3 . c. 44) was passed in 1697, a new "parallel" East India Company (officially titled

2993-400: The continent as they individually contended with others, steadily amassing more land and power in India to themselves. In the 18th Century, the primary source of the Company's profits in Bengal became taxation in conquered and controlled provinces, as the factories became fortresses and administrative hubs for networks of tax collectors that expanded into enormous cities. The Mughal Empire was

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3066-425: The expense of competing European powers through the art of currying favors and well-placed bribes, as the company was matched at every step with French expansion in the region (whose equivalent company carried substantial royal support). See French East India Company . Throughout the entire century the company only resorted to force against the Mughals once, with terrible consequences. The Anglo-Mughal war (1686–1690)

3139-519: The form of the company's three presidency armies , totalling about 260,000 soldiers, twice the size of the British Army at certain times. Originally chartered as the "Governor and Company of Merchants of London Trading into the East-Indies," the company rose to account for half of the world's trade during the mid-1700s and early 1800s, particularly in basic commodities including cotton , silk , indigo dye , sugar , salt , spices , saltpetre , tea , and later, opium . The company also initiated

3212-502: The fourth voyage. Thereafter two ships, Ascension and Union (captained by Richard Rowles), sailed from Woolwich on 14 March 1608. This expedition was lost. Initially, the company struggled in the spice trade because of competition from the well-established Dutch East India Company . This rivalry led to military skirmishes, with each company establishing fortified trading posts, fleets, and alliances with local rulers. The Dutch, better financed and supported by their government, gained

3285-545: The idea of sepoy battalions for the Bengal Presidency. These would be Indian soldiers, armed, dressed, and trained the same as the " red coats " (British soldiers), and commanded by a nucleus of British officers. The Madras Presidency followed suit with six battalions in 1759, followed by the Bombay Presidency in 1767. Recruitment in all cases was done locally, with battalions each drawn from single castes, and from specific communities, villages, and families. Regular cavalry regiments were raised in 1784, of which only three survived

3358-448: The imperial patronage, soon expanded its commercial trading operations. It eclipsed the Portuguese Estado da Índia , which had established bases in Goa , Chittagong , and Bombay ; Portugal later ceded Bombay to England as part of the dowry of Catherine of Braganza on her marriage to King Charles II . The East India Company also launched a joint attack with the Dutch United East India Company (VOC) on Portuguese and Spanish ships off

3431-461: The importance of native officers. Control by Regimental commanders was excessive and exasperating to the battalions, and the system was reverted in 1824. Thereafter, units were formed into single battalion regiments, which were numbered per their seniority of raising. Following the Indian Rebellion of 1857 and the consequent takeover of power by the British government from the East India Company , its European regiments were amalgamated in 1860 with

3504-441: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=East_India_Company_(disambiguation)&oldid=1182653895 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages East India Company The East India Company ( EIC ) (1600–1874)

3577-434: The officers and men were Europeans, as well as a larger number of 'Native' regiments, in which the officers were Europeans and the other ranks were Indians. They included Artillery, Cavalry and Infantry regiments, so historical sources refer to the Bengal/Madras/Bombay Artillery/Cavalry/Infantry (the latter often termed "Native Infantry" or "N.I."). From the mid-eighteenth century onwards, the Crown began to dispatch regiments of

3650-402: The original company faced scarcely any measurable competition. The companies merged in 1708, by a tripartite indenture involving both companies and the state, with the charter and agreement for the new United Company of Merchants of England Trading to the East Indies being awarded by Sidney Godolphin, 1st Earl of Godolphin . Under this arrangement, the merged company lent a sum of £3,200,000 to

3723-476: The pirates hostis humani generis ("the enemy of humanity"). In mid-1696 the government issued a £500 bounty on Every's head and offered a free pardon to any informer who disclosed his whereabouts. The first worldwide manhunt in recorded history was underway. The plunder of Aurangzeb's treasure ship had serious consequences for the English East India Company. The furious Mughal Emperor Aurangzeb ordered Sidi Yaqub and Nawab Daud Khan to attack and close four of

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3796-409: The power of the EIC, King Charles II granted the EIC (in a series of five acts around 1670) the rights to autonomous territorial acquisitions, to mint money, to command fortresses and troops and form alliances, to make war and peace, and to exercise both civil and criminal jurisdiction over the acquired areas. In 1689, a Mughal fleet commanded by Sidi Yaqub attacked Bombay. After a year of resistance

3869-445: The pre-1707 Mughal fiefs and holdings, with their capital Delhi routinely under the control of Maratha, Afghan, or usurper generals' armies. The EIC was able to take advantage of this chaos, slowly assuming direct control of the province of Bengal , and fighting numerous wars against the French for control of the east coast. The Company's position in the Mughal court as it fell apart made it possible to sponsor various powerful people on

3942-506: The project. Although their first attempt had not been completely successful, they sought the Queen's unofficial approval to continue. They bought ships for the venture and increased their investment to £68,373. They convened again a year later, on 31 December 1600, and this time they succeeded; the Queen responded favourably to a petition by George, Earl of Cumberland and 218 others, including James Lancaster, Sir John Harte , Sir John Spencer (both of whom had been Lord Mayor of London ),

4015-456: The region's battlefields for a thousand years, with cannon so well integrated that the Mughals fought with cannon mounted on elephants; all were no match to line infantry with decent discipline supported with field cannon. Repeatedly, a few thousand company sepoys fought vastly larger Mughal forces numerically and came out victorious. Afghan, Mughal, and Maratha factions started creating their own European-style forces, often with French equipment, as

4088-434: The regular British Army to India, to reinforce the Company's armies. These troops are often referred to as "H.M.'s Regiments" or "Royal regiments". By 1824, the size of the combined armies of Bengal, Madras, and Bombay was about 200,000 and had at least 170 sepoy and 16 European regiments. In 1844 the combined average strength of the three armies was 235,446 native and 14,584 European. In 1757, Robert Clive came up with

4161-407: The richest in the world in 1700, and the East India Company tried to strip it bare for a century thereafter. Dalrymple calls it "the single largest transfer of wealth until the Nazis." What was in the 17th century the production capital of the world for textiles was forced to become a market for British-made textiles. Statues, jewels, and various other valuables were moved from the palaces of Bengal to

4234-405: The slave trade began in 1684, when a Captain Robert Knox was ordered to buy and transport 250 slaves from Madagascar to St. Helena . The East India Company began using and transporting slaves in Asia and the Atlantic in the early 1620s, according to the Encyclopædia Britannica, or in 1621, according to Richard Allen. Eventually, the company ended the trade in 1834 after numerous legal threats from

4307-408: The straits en route to Surat . The pirates gave chase and caught up with the Fateh Muhammed some days later, and meeting little resistance, took some £40,000 of silver. Every continued in pursuit and managed to overhaul Ganj-i-Sawai , which resisted strongly before eventually striking . Ganj-i-Sawai carried enormous wealth and, according to contemporary East India Company sources, was carrying

4380-424: The townhouses of the English countryside. Bengal in particular suffered the worst of Company tax farming, highlighted by the Great Bengal famine of 1770 . The primary tool of expansion for the company was the Sepoy. The Sepoys were locally raised, mostly Muslim, soldiers with European training and equipment, who changed warfare in present-day South Asia. Mounted forces and their superior mobility had been king on

4453-488: The upper hand by establishing a stronghold in the spice islands (now Indonesia), enforcing a near-monopoly through aggressive policies that eventually drove the EIC to seek trade opportunities in India instead. The English company opened a factory (trading post) in Bantam on Java on its first voyage, and imports of pepper from Java remained an important part of the company's trade for twenty years. English traders frequently fought their Dutch and Portuguese counterparts in

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4526-445: The voyagers to set up two " factories " (trading posts) – one at Bantam on Java and another in the Moluccas (Spice Islands) before leaving. On return to England in 1603, they learned of Elizabeth's death, but Lancaster was knighted by the new king, James I , on account of the voyage's success. By this time, the war with Spain had ended but the company had profitably breached the Spanish-Portuguese duopoly; new horizons opened for

4599-412: The walled forts of Fort William in Bengal, Fort St George in Madras, and Bombay Castle . The first century of the Company, despite its original profits coming primarily from piracy in the Spice Islands between competing European powers and their companies, saw the East India Company change focus after suffering a major setback in 1623 when their factory in Amboyna in the Moluccas was attacked by

4672-433: Was a complete defeat, ending when the EIC effectively swore fealty to the Mughals to get their factories back. The East India Company's fortunes changed for the better in 1707 when Bengal and other regions under Mughal rule fell into anarchy after the death of the Mughal Emperor Aurangzeb . A series of large-scale rebellions, and the collapse of the Mughal taxation system led to the effective independence of virtually all of

4745-447: 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 (South Asia and Southeast Asia), and later with East Asia. The company gained control of large parts of the Indian subcontinent 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

4818-486: Was consulted on Indian affairs and gave even more valuable information to Lancaster. In 1599, a group of prominent merchants and explorers met to discuss a potential East Indies venture under a royal charter . Besides Fitch and Lancaster, the group included Stephen Soame , then Lord Mayor of London ; Thomas Smythe , a powerful London politician and administrator who had established the Levant Company ; Richard Hakluyt , writer and proponent of British colonization of

4891-433: Was established in 1611 at Masulipatnam on the Andhra Coast of the Bay of Bengal , and its second in 1615 at Surat. The high profits reported by the company after landing in India initially prompted James I to grant subsidiary licences to other trading companies in England. However, in 1609, he renewed the East India Company's charter for an indefinite period, with the proviso that its privileges would be annulled if trade

4964-1113: Was highly successful, and Jahangir sent a letter to James through Sir Thomas Roe: Upon which assurance of your royal love I have given my general command to all the kingdoms and ports of my dominions to receive all the merchants of the English nation as the subjects of my friend; that in what place soever they choose to live, they may have free liberty without any restraint; and at what port soever they shall arrive, that neither Portugal nor any other shall dare to molest their quiet; and in what city soever they shall have residence, I have commanded all my governors and captains to give them freedom answerable to their own desires; to sell, buy, and to transport into their country at their pleasure. For confirmation of our love and friendship, I desire your Majesty to command your merchants to bring in their ships of all sorts of rarities and rich goods fit for my palace; and that you be pleased to send me your royal letters by every opportunity, that I may rejoice in your health and prosperous affairs; that our friendship may be interchanged and eternal. The company, which benefited from

5037-402: Was showcased by the Anglo-Nepalese war (1814–1816). The Draft History of the Qing records the Chinese Qing dynasty as formally commencing trade with the British in 1698. Within the first two decades of the 17th century, the Dutch East India Company or Vereenigde Oostindische Compagnie , (VOC) was the wealthiest commercial operation in the world with 50,000 employees worldwide and

5110-432: Was so high between the Dutch and the British East Indies Trading Companies that it escalated into at least four Anglo-Dutch wars: 1652–1654, 1665–1667, 1672–1674 and 1780–1784. Competition arose in 1635 when Charles I granted a trading licence to Sir William Courteen , which permitted the rival Courteen association to trade with the east at any location in which the EIC had no presence. In an act aimed at strengthening

5183-438: Was the ship's rutter (mariner's handbook) containing vital information on the China , India, and Japan trade routes. In 1596, three more English ships sailed east but all were lost at sea. A year later however saw the arrival of Ralph Fitch , an adventurer merchant who, with his companions, had made a remarkable nine year overland journey to Mesopotamia , the Persian Gulf , the Indian Ocean, India and Southeast Asia. Fitch

5256-644: Was to deliver a decisive blow to the Spanish and Portuguese monopoly of far-eastern trade. Elizabeth granted her permission and in 1591, James Lancaster in the Bonaventure with two other ships, financed by the Levant Company , sailed from England around the Cape of Good Hope to the Arabian Sea , becoming the first English expedition to reach India that way. Having sailed around Cape Comorin to

5329-688: Was unprofitable for three consecutive years. In 1615, James I instructed Sir Thomas Roe to visit the Mughal Emperor Nur-ud-din Salim Jahangir (r. 1605–1627) to arrange for a commercial treaty that would give the company exclusive rights to reside and establish factories in Surat and other areas. In return, the company offered to provide the Emperor with goods and rarities from the European market. This mission

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