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British East India Company

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Also, for reasons unknown, called 'John Company': came to rule or influence large areas of India, and much involved in the tea trade.

31 December 1600 Charter granted by Elizabeth to the 'Governor and Company of Merchants of London Trading into the East Indies.

1650, 1655 EIC absorbed rival companies formed under Commonwealth and Protectorate

1609 Granted a perpetual charter

27 June 1615 Letter from Mr Wickham, EIC officer, Firando, Japan, to Mr Eaton, EIC officer at Macao, asking for 'a pot of the best sort of chaw.' He subsequently requested 'three silver porringers to drink chaw in.' (Encyclopedia Britannica, 11th edn) 1698 New Company/English Company established: amalgamated with EIC 1708

1773 The EIC obtained a monopoly of trade with China, and import rights with British colonies. This led to much smuggling of tea (and other goods).

1788 Sir Joseph Banks, at request of EIC directors, drew up a memoir on the cultivation of economic plants in Bengal, in which he gave special prominence to tea.

1813 EIC monopoly of India trade abolished.

1833 EIC monoply of China trade abolished.

1857 'Indian Mutiny'

1858 Act for the Better Government of India - government responsibilites passed to Crown.

1874 1 January East India Stock Dividend Redemption Act in operation and EIC abolished.

2004 The East India Company re-registered by Captain William G. MacDonald.

2010 The modern East India Company opened a store in London, in Conduit Street.

There is a gallery devoted to the company in the National Maritime Museum, Greenwich, and also a pub in Fenchurch Street, London, 'The East India Arms' - website [1]


External sourcesEdit


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