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Excerpt from The Dawn of British Trade: To the East Indies, as Recorded in the Court Minutes of the East India Company, 1599-1603, Containing an Account of the Formation of the Company, the First Adventure and Waymouth's Voyage in Search of the North-West Passage The original manuscript from which this volume is printed, is preserved in the India Office, London, where it is known as the first volume of the Court Minutes of the East India Company; and consists of 120 leaves foolscap folio, written in the old court hand of the Elizabethan period. Some few years ago it was sent, with other documents, to the Public Record Office to be calendared, and there fell under the notice of my late father, Mr. Henry Stevens of Vermont, who, ever watchful for new materials for history, especially American, immediately recognised its importance. Finding that only a very small portion had ever been quoted, he determined with the sanction of the Authorities of the India Office, to print it in full, and forthwith employed an expert to transcribe it exactly with all its peculiarities of spelling and contraction. This proved a work of time and of considerable difficulty, as the handwriting is extremely illegible in places, and in some cases several opinions were required to decipher certain passages. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"First published 1978"--T.p. verso. Includes bibliographical references and index.
Was it the Titanic of its age? Christened by an optimistic King James I in December 1609, the Trades Increase was the greatest English merchant vessel of the Jacobean era—a magnificent ship embodying the hopes of the nascent East India Company to claim a commanding share of the Eastern trade. But the ship's launch failed when it proved too large to exit from its dock, an ill-fated start to an expedition that would end some three years later, when a dangerously leaking Trades Increase at last reached the shores of Java. While its smaller companion vessel would sail home with handsome profits for investors, the rotting hull of the great ship itself was beyond repair. The Trades Increase and nearly all who sailed it perished wretchedly on the far side of the world. The terrible pattern proven by this voyage, with profits to an elite few in London stained by catastrophic losses in equipment and personnel abroad, ignited rancorous controversy in England over the human, moral, and economic costs of such commerce. In The Loss of the "Trades Increase" Richmond Barbour has written an engrossing account of the tragic expedition and of global capitalism at its hour of emergence. Its sources fragmented among journals, minutes, and letters in the archives of the East India Company, the full story of the Trades Increase is told here for the first time. Earlier writers minimized the loss as a temporary setback and necessary sacrifice on the road to empire. In a work informed by corporate history and postcolonial theory, Barbour sees the saga of the voyage, and all that produced and justified it, differently: as an expression of the structural conflicts, operational risks, and material incapacities that haunted and ultimately unraveled the British Empire—and that destabilize multinational corporations, global markets, and our common biosphere to this day.