The Journal of Negro History, Volume 4, 1919Various
History
The Journal of Negro History, Volume 4, 1919
Various
African Americans -- Periodicals
October, 1660, to September, 1662, first subscription L17,400
October, 1662, to January, 1663, second subscription 20,800
June, 1663, to August, 1663, third subscription 34,600
August, 1663, fourth subscription 29,200
September, 1664, fifth subscription 18,200
Total L120,200
[43] S. P., Dom. (State Papers, Domestic), Charles II, 110, f. 18; C.
O. 1: 19, ff. 7, 8.
[44] The financial status of the company at this time was as follows:
Assets:
L s d
Ships and factories in Africa 125,962.6.2
Debts owing to the company in the colonies 49,895.0.0
Goods, ammunition, etc., at Portsmouth 48,000.0.0
Total 223,857.6.2
Stock of the company:
Amount subscribed 120,200.0.0
Amount paid (about) 103,000.0.0
Amount unpaid (about) 17,200.0.0
Debts, owing on bonds, etc. (about) 100,000.0.0
Losses:
From DeRuyter at Cape Verde 50,000.0.0
Anticipated from DeRuyter at other places 125,912.6.2
Total 175,912.6.2
[45] A. C. R., 75: 37, John Berkley and others to ----, November 4,
1665.
[46] S. P., Dom., _Charles II_, 186: 1.
[47] A. C. R., 75: 37, Berkley and others to ----, November 4, 1665.
[48] On April 6, 1666, the king, in response to a petition from the
Royal Adventurers, granted to the company a ship called the "Golden
Lyon" which had been captured from the Dutch by Sir Robert Holmes in
1664. C. S. P., Col., 1661-1668, p. 370, the king to duke of York,
March 28, 1666.
[49] A. C. R., 75: 40.
[50] _Ibid._, 75: 52.
[51] _Ibid._, 75: 57. A part of the debts had been incurred on the
common seal of the company and part on the personal security of the
committee of seven.
[52] A. C. R., 75: 56, 58. An attempt was made to induce the king to
pay his subscription. On the other hand, the company owed the king a
considerable sum for the ships which it had used from time to time. S.
P., Dom., _Charles II_, 199: 14.
[53] A. C. R., 75: 58.
[54] _Ibid._, 75: 59.
[55] _Ibid._, 75: 70.
[56] _Ibid._, 75: 77.
[57] _Ibid._, 75: 85, 88.
[58] The duke of Buckingham, however, paid his arrears, which led the
duke of York to remark, "I will give the Devil his due, as they say
the Duke of Buckingham hath paid in his money to the Company." Pepys,
_Diary_, VIII, 142.
[59] A. C. R., 75: 61.
[60] _Ibid._, 75: 62, 63.
[61] It seems certain, however, that these men who were interested in
the Gambia trade made some other arrangements at that time by means of
which a certain amount of goods was sent to that place. A. C. R., 75:
82, 83.
[62] A. C. R., 75: 83.
Public-domain text, read in full here on John Shaqi.
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