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Trading Places: The East India Company and Asia
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Elizabeth I (1558-1603)   Introduction
engraving of Elizabeth 1
Elizabeth's reign was one of glamour and the start of a change in society. New brick houses were being built and a new emphasis was being placed on the arts. The theatre became popular, especially with the building of the Globe in 1599.

During the 1500s England built up her sea power. During the reign of Elizabeth I there were more and more voyages into unknown areas. Sea captains like Drake and Hawkins took every opportunity to capture the ships of other countries especially those of Spain and Portugal. These men were seen as pirates or profiteers, depending which side you were on. The Queen did little to stop them.

So when the idea of a company trading with the East was first put to Elizabeth I she hesitated. She knew what her seamen were like and thought they might attack traders from other countries especially the Portuguese and Dutch who were England's main rivals. On 31 December 1600 she gave a charter to The Company of Merchants in the City of London which gave them a monopoly to trade between the Cape of Good Hope and Cape Horn. That covered all the Indian and Pacific Oceans. This meant that no other English company or people were allowed to trade in that area.


When the first voyage of the East India Company embarked in 1601, it took with it a letter written by Elizabeth to the Sumatran Sultan Alauddin Shah.

 

Introduction

 

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