Fall of the Company Flashcards

1
Q
A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

By reforms of 1618 there were 3 factions in the Company

A

Leading merchants building long-term investments
Small investors whose shares were vulnerable
Mid-point harbour for raids on Spanish ships

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Sir Edwin Sandys

A

Proponent of free trade
Proponent of diversified economy
Gained control of the Company from Sir Thomas Smith

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Sandys opposition to piracy

A

Broke the connection with Warwick

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Yeardley had not welcomed

A

Warwick’s Treasurer ship to Virginia

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

1620 Sandys stood for

A

Re-election of Company treasurer
Did not have crown support
Henry Wriothesley became treasurer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

1620 following failure of re-election

A

Sandy’s friends ensured he retained some control over the Company

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

1622: Sandys negotiated

A

Monopoly of tobacco imports with Lord Treasurer
Sandys faction granted good salaries

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

1622 year

A

Powhatan attack, war, famine and impending ruin
Accusations of financial impropriety and mismanagement of the Company intensified

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

1623

A

Tobacco contract dissolved
Sandys secured monopoly through Parliament in 1624

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

John Bargrave

A

Borrowed money in 1606 to buy stakes in Company
1617 Company allowed him 15 shares for his service
1618 settled his lands

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Private planters disgruntled

A

Bargrave in dispute with neighbour John Martin over cattle
Escalated into row over governance of the colony
How to fight colonists in Virginia and Company itself in London?

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Bargrave and Company dispute

A

About trade to Virginia and Bermuda
Sandys administration granted him a patent in Virginia in 1620

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Bargrave’s ideas 6 heads

A

Need to draw men of good estates in England to plant in Virginia/planters in Virginia to plant estates in England
Separate completely the civil and military functions of governance in Virginia
Use the natural strengths and size of Virginia to spread/grow colony
Employ those who will bring the quickest returns
Manage the returns to engender necessary supply
Do these things with justice in the interests of the king and state

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Sir Thomas Smith

A

Printed a book of tyrannical government in Virginia
Along with Alderman Robert Johnson had a monopoly of plantations (able to rise the prices of commodity/barred free trade)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Bargrave and partners

A

Lost £6600

17
Q

Faction and popular government founded on joint stock meant

A

England could not hold the colony

18
Q

Court 23 April 1623
The unmasked face of our colony (Nathaniel Butler)
Plantation

A

Plantations on salt-marsh, infectious bogs, creeks and lakes
Plantations positioned on shallow places in the river; had to wade in and out

19
Q

Court 23 April 1623
New arrivals

A

Arrived in winters
Nowhere to shelter
Therefore died

20
Q

Court 23 April 1623
Commodity

A

English and native corn at exorbitant prices
Behind on commodities; glass and iron works failing

21
Q

Court 23 April 1623
Colony/homes

A

Houses had no fortifications
Henrico City and Charles City abandoned

22
Q

Virginia’s laws were not like those in England

A

Government straying from the law

23
Q

Nathaniel Butler

A

Governor of Bermuda 1619-1622
Visited Virginia winter 1622
Set up court structure in Bermuda

24
Q

At least 10,000 transported

A

But 2000 left alive
Desperate state

25
Q

Petition of Alderman Johnson

A

Likely to lose the colony without the help of a supreme hand
His majesty set up a commission to enquire into the state of the plantations at the time Sir Smith left the government

26
Q

Result of Alderman Johnson’s petition

A

Privy Council investigated

27
Q

Commission led by Sir William Jones with 6 others

A

Examined witnesses
Looked at records

28
Q

Commission looked at

A

Damage from fraud
Infringement of charters
What monies had been raised
How monies were levied
How monies had been spent

29
Q

Commission result

A

Sandys emerged as the villain
Made no reference to his political views in public or private
Bargrave’s account misunderstood

30
Q

Wesley Frank Craven: “The dissolution of the London Company for Virginia” article

A

Suggested commission lead towards economic grievances and remedies

31
Q

Assumption of royal government March 1624

A

Emphasis on fortifying the colony
State of the colony with respect to the war
Hopes for the plantation and how to fulfil them

32
Q

Governor Wyatt, Council and Assembly challenged

A

The king’s intention to change the Government
Claimed it came from misinformation

33
Q

Royal commissioners did not

A

Have the power to move the king

34
Q

29 April 1624
James I wrote to HoC

A

Much faction among them
To prevent this, king reserved the whole cause to his own hearing
Confirmed by members of the House

35
Q

July 1624

A

Intended reformation of the company for trade but not for government
Avoid faction and popularness of government so displeasing to the king

36
Q

Governor Sir Francis Wyatt

A

Governor 1621-1624 (under Company)
Requested the crown to stay on as governor
Governor 1624-Sept 1625 (royal colony)
Succeeded by Yeardley
Second term Nov 1639-March 1642