DOI Seite / Zitierlink:
https://doi.org/10.11588/diglit.57079#0063
THE LEVANT COMPANY
47
they enjoyed the privilege for two years only,
that it is to say, until James I came to the
throne.17
And so for two years there was no organized
company; the trade was open to every-
body;18 and the whole question of the
Levant trade was under consideration.19
But one thing was certain. The £4,0°° Per
annum which the company had recently been
paying to the Crown was a very real loss to
James, and he at once set about to make it
good. On October 31, 1603,20 he issued an
beth’s reign (1601) and £2,000 in the forty-fourth year
(1602).
17 S. P. D. James I. vol. 6, No. 69.
It does not seem quite clear from the documents
why the company gave up their charter. We have
already seen (p. 45, note (10)) two alleged reasons. In
document S. P. D. James I. vol. 6, No. 69 it is asserted
that the charter ceased on the accession of James,
because “ all particular patents and monopolies were
put down ” then. In yet another document (S. P. I).
James I. vol. 20, No. 25) we are told that on the death
of the queen the company owed £2,000, due for half a
year’s rent and that they “ considered together ” to
forfeit their patent, in order, as it would seem, to avoid
payment of this debt. Perhaps this is the real reason.
18 S. P. D. James I. vol. 6, No. 69. Also vol
15, No. 4.
19 S. P. D. James I. vol. 6, No. 70.
20 S, P. D. James I. vol. 4, No. 46,
47
they enjoyed the privilege for two years only,
that it is to say, until James I came to the
throne.17
And so for two years there was no organized
company; the trade was open to every-
body;18 and the whole question of the
Levant trade was under consideration.19
But one thing was certain. The £4,0°° Per
annum which the company had recently been
paying to the Crown was a very real loss to
James, and he at once set about to make it
good. On October 31, 1603,20 he issued an
beth’s reign (1601) and £2,000 in the forty-fourth year
(1602).
17 S. P. D. James I. vol. 6, No. 69.
It does not seem quite clear from the documents
why the company gave up their charter. We have
already seen (p. 45, note (10)) two alleged reasons. In
document S. P. D. James I. vol. 6, No. 69 it is asserted
that the charter ceased on the accession of James,
because “ all particular patents and monopolies were
put down ” then. In yet another document (S. P. I).
James I. vol. 20, No. 25) we are told that on the death
of the queen the company owed £2,000, due for half a
year’s rent and that they “ considered together ” to
forfeit their patent, in order, as it would seem, to avoid
payment of this debt. Perhaps this is the real reason.
18 S. P. D. James I. vol. 6, No. 69. Also vol
15, No. 4.
19 S. P. D. James I. vol. 6, No. 70.
20 S, P. D. James I. vol. 4, No. 46,