East India Company 1/4 Cent 1845
Price:RM180
East India Co info
The East India Company was perhaps the most powerful commercial organisation that the world has ever seen. In its heyday it not only had a monopoly on British trade with India and the Far East, but it was also responsible for the government of much of the vast Indian sub-continent. Both of these factors mean that the East India Company (or, to call it by its proper name, the British East India Company) was crucial to the history of the tea trade.
Before 1600, Portugal controlled most European trade with India and the Far East (an area known then as the Indies). But in 1600 Queen Elizabeth I gave a royal charter to a new trading company, the East India Company, by which it was given a monopoly over all British trade with the Indies. The Company soon began competing with the Portuguese, as did later East India Companies, set up in the Netherlands, Denmark and France (though for ease, the term East India Company shall here be used to describe the British East India Company). The East India Company's first major base was in western India, where it found a rich source of exotic textiles and other produce, which could be exported back to Britain or taken further east to exchange for spices.
Before 1600, Portugal controlled most European trade with India and the Far East (an area known then as the Indies). But in 1600 Queen Elizabeth I gave a royal charter to a new trading company, the East India Company, by which it was given a monopoly over all British trade with the Indies. The Company soon began competing with the Portuguese, as did later East India Companies, set up in the Netherlands, Denmark and France (though for ease, the term East India Company shall here be used to describe the British East India Company). The East India Company's first major base was in western India, where it found a rich source of exotic textiles and other produce, which could be exported back to Britain or taken further east to exchange for spices.
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