History of merchant shipping and ancient commerce, Volume 2 (of 4)Lindsay, W. S. (William Schaw)
History
History of merchant shipping and ancient commerce, Volume 2 (of 4)
Lindsay, W. S. (William Schaw)
Commerce -- History; Shipping -- History; Steam navigation -- History
The separation of the Dutch provinces from the crown of Spain had
induced their merchants to seek more distant and more lucrative
channels of employment for their ships, while their superior
information respecting Spanish and Portuguese affairs gave them a
marked advantage over their English competitors in the valuable trade
of the East. They had now supplanted the Portuguese[152] in the
Moluccas, driven them out of their most valuable trade with Japan, and
become the predominant naval power in the Indian seas, a power they
long maintained. Finding England, however, a more stubborn rival, they
employed all their influence and artifices to molest the ships of the
Company and other English traders. Just, in fact, as the Moors had
endeavoured to ruin the Portuguese in the opinion of the native princes
of India, so the Dutch, having expelled the Portuguese from the chief
trade of the East, now resorted to any expedient, either by secret
intrigue or open force, to drive the English merchant vessels from the
same localities. But the profits realised in their first expedition had
inspired the London merchants with fresh energy. Having obtained a new
charter (31st of May, 1609) for fifteen years, the Company set about
constructing the _Trades’ Increase_, of one thousand two hundred tons,
the largest ship hitherto built for the English merchant service. At
her launch, and at that of her pinnace, of two hundred and fifty tons,
bearing the equally appropriate name of the _Peppercorn_, the Company
gave a great banquet, at which the dishes were of china-ware, then a
novelty in England. With these vessels, and a victualling bark of one
hundred and eighty tons, and the _Darling_, of ninety tons, Sir Henry
Middleton, who had been placed in command, set sail for Mocha, on the
Red Sea, where, ensnared on shore by the Muhammedans, eight of his
crew were massacred, sixteen others disabled, and he himself severely
wounded. Proceeding thence to Bantam, the _Trades’ Increase_ was
unfortunately wrecked, and here Middleton, broken down by misfortunes
and disasters, died, thus closing one of their most unfortunate
expeditions on record.
[Sidenote: Renewed efforts of the English East India Company.]
The Company, however, persevered in their Eastern undertakings, and in
1611 despatched two other expeditions to the Indies; one consisting
of a single ship, the _Globe_, which, though absent for nearly five
years, owing to the artifices of their opponents, realised two hundred
and eighteen per cent. on the capital invested; the other, consisting
of the _Clove_, the _Hector_, and the _Thomas_, comparatively small
vessels, which, though absent only three years, was even more
successful: another expedition, which immediately followed, though
absent only twenty months, earned in that time a profit of no less than
three hundred and forty per cent.[153]
[Sidenote: They gain favour with the Moghul Emperor of India, and
materially extend their commercial operations.]
Public-domain text, read in full here on John Shaqi.
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