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Epstein, Mordecai
The English Levant Company: its foundation and its history to 1640 — London: George Routledge & Sons Ltd, 1908

DOI Page / Citation link:
https://doi.org/10.11588/diglit.57079#0049
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THE LEVANT COMPANY

33

It is interesting to note that one reason
why these “ outsiders ” wish to be admitted
was the decay of the trade with France and
Spain on account of the “ troubles.” 13 Be-
sides which the trade was good14 and there-
fore it was unfair to limit it to a few persons,
especially as there were so many merchants
in the realm who were just then anxious to
enter a new field. It is also pointed out that
if more merchants were admitted into the
Company it would make it easier to bear the
burden of the expenses arising from the
ambassador’s and consul’s charges. One
petition15 asserts that there is no unanimity
among the merchants themselves; some
would have the new company a close cor-
poration, refusing to admit new blood at all ;
others would admit only a very few persons ;
while others again would have all enter who
wish to do so upon their paying a reasonable
entrance fee.
As was to be expected the merchants of
13 S. P. D. Eliz. vol. 239, Nos. 41, 42, 43, 80.
14 S. P. D. Eliz. vol. 230, No. 80 : “ It is well known
that the parts os Italy and Turkey will bear a greater
trade than all parts of Christendom now in amity with
her majesty.” 15 S, P. D. Eliz. vol. 239, No. 80.
 
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