The Virginia Company Of London, 1606-1624Craven, Wesley Frank
History
The Virginia Company Of London, 1606-1624
Craven, Wesley Frank
Virginia -- History -- Colonial period, ca. 1600-1775; Virginia Company of London
The bitterest factional strife in the history of the London adventurers
soon followed. It is a complicated story, too complicated and too long
to be told fully here. Briefly, both the terms agreed upon by Sandys
and his proposals for the management of the contract, proposals which
left Sandys and his cohorts in full control, touched too closely the
vital interests of some of his bitterest enemies. In Bermuda, as in
Virginia, the hope of an early profit from the production of sugar,
silk, wine, indigo, and other such commodities had proved vain, and
like Virginia, Bermuda lived by the tobacco it grew. The Earl of
Warwick and members of his family had made especially heavy investments
in their Bermuda properties, and Sir Nathaniel Rich became the floor
leader, as it were, of an attempt to defeat the contract. Sir Thomas
Smith and his friends joined in the effort. Especially objectionable in
the view of the opposition were plans for placing the management of the
contract in the hands of salaried officials, with Sir Edwin as director
at a salary of L500. At one Virginia court, meeting early in December,
the debate got so out of hand that it required several additional
sessions to straighten out the minutes in order that appropriate
penalties might be imposed upon Mr. Samuel Wrote, a member of the
Virginia council whose unrestrained charges of graft violated the
company's rules and offended the court's sense of its own dignity. In
the end the opposition elected to make the final test in a Bermuda
court, whose consent was necessary to close the contract and where
Sandys' opponents included the more substantial investors in that
colony. The test came in February 1623, and Sandys won. But it could be
demonstrated that had the vote been by share rather than by head, as
was the rule in both companies, he would have been defeated. Sandys'
opponents in the Bermuda Company all along had complained of a plan to
distribute the charges of the contract equally between the two
companies, arguing that the Virginia tobacco had a greater value and
should therefore carry a proportionately larger charge. And now they
were in a position to argue that the Virginia Company, in whose courts
for some time they had steadfastly refused even to vote on the salary
question, sought to exploit the younger plantation, as was evidenced by
the opposition of the adventurers to whom Bermuda's tobacco chiefly
belonged. With this argument, Sandys' opponents promptly carried the
whole question before the privy council.
Public-domain text, read in full here on John Shaqi.
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