The Swedes on the Delaware, 1638-1664Johnson, Amandus
History
The Swedes on the Delaware, 1638-1664
Johnson, Amandus
Delaware River Valley (N.Y.-Del. and N.J.) -- History; New Sweden -- History; Swedes -- United States
In the autumn (1654) the _Örn_ returned from the South River,
bringing Rising’s report and letters. On October 4, letters from
Bockhorn and Papegoja, written in Gothenburg, were read at a meeting
of the commercial college (which was still the legal director of the
New Sweden Company), and the colony was discussed at several other
sessions. The oral and written reports of Papegoja and Bockhorn,
presented in the autumn, helped to increase the awakened interest
in the colony, and serious efforts to prosecute the enterprize with
real vigor were now manifested. Since most of the old members of the
corporation had not furnished the full amount of their shares, the
officers endeavored to collect the outstanding money and also to
increase the capital--that is to re-organize the company. The case was
presented to the King, who instructed the commercial college to remind
stockholders that their shares must be paid in full and that they
should take more interest in the company. The officers also applied for
a monopoly on tobacco, and December 23 the King granted the “American
Company” exclusive right to import tobacco, “as an expedient and means
whereby it was hoped that _Nova Svecia_ at that time not only
would be preserved, increased and improved, but also that the nation by
this would find a better opportunity and occasion to become acquainted
with the American navigation and trade, and to use it for its great
profit and prosperity”. To make the monopoly effective certain fines,
increased in geometrical progression for each offence, were imposed on
anyone, importing or selling tobacco.
In the beginning of 1655 the re-organization of the company was taken
up in earnest. Daniel Junge was appointed factor to fill the place,
which had been vacated by Bonnell, and the bookkeeper, Hans Kramer,
was made treasurer to receive the funds. Letters were written to the
heirs of Klas Fleming and the Oxenstiernas with request that they not
only pay the remainder of their shares, but also “resolve to increase
the capital stock as much as each house was able and the colony of New
Sweden should need.” New subscribers were also invited to join.
Public-domain text, read in full here on John Shaqi.
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