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

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https://doi.org/10.11588/diglit.57079#0062
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46 THE EARLY HISTORY OF

and could not tell how to bring it home
again. There was reason enough therefore
why the company should wish to continue
the trade. But there was reason enough also
why the Government should like to have it
continued. The impositions on the trade
yielded the sum of £4,000 per annum,14 and if
the trade either ceased altogether or passed
into the hands of new men, it was doubtful
whether this large sum could be raised.
Accordingly when the Company promised to
pay the Queen the sum mentioned on condi-
tion that they received a new grant, the Queen
agreed, and on December 31, 160115 a new
charter of privileges was granted the com-
pany to continue for fifteen years.16 But

said trade, which we did chiessy in respect of our goods
on the other side.”
14 S. P. D. Eliz. vol. 275, No. 27.
15 S. P. D. James I. vol. 10, No. 27. Cf. also vol.
10, No. 30.
16 S. P. D. James I. vol. 10, No. 27; vol. 6, No. 69 ;
vol. 10, No. 30 ; vol. 20, No. 25.
I have not been able to discover this charier of 1601.
But that the company paid the £4,000 appears from
an entry in the payments received by the Exchequer.
Cf. S. P. D. Eliz. vol. 285, No. 21, which says that
£2,000 was received by the Exchequer from the mer-
chants of the Levant in the forty-third year of Eliza-
 
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