Virginia under the Stuarts 1607-1688Wertenbaker, Thomas Jefferson
History
Virginia under the Stuarts 1607-1688
Wertenbaker, Thomas Jefferson
Virginia -- History -- Colonial period, ca. 1600-1775
Even more discouraging than these failures was the hostility of the King
to the cultivation of tobacco in Virginia, and his restrictions upon its
importation into England. Appeals were made to him to prohibit the sale
of Spanish tobacco, in order that the Virginia planters might dispose of
their product at a greater profit. This, it was argued, would be the
most effective way of rendering the colony prosperous and self
sustaining. But James, who was still bent upon maintaining his Spanish
policy, would not offend Philip by excluding his tobacco from England.
Moreover, in 1621, he issued a proclamation restricting the importation
of the leaf from Virginia and the Somers Isles to fifty-five thousand
pounds annually.[160] This measure created consternation in Virginia and
in the London Company. The great damage it would cause to the colony and
the diminution in the royal revenue that would result were pointed out
to James, but for the time he was obdurate.[161] Indeed, he caused
additional distress by granting the customs upon tobacco to a small
association of farmers of the revenue, who greatly damaged the interests
of the colony. In 1622, James, realizing that his policy in regard to
tobacco was injuring the exchequer, made a compromise with the Company.
The King agreed to restrict the importation of Spanish tobacco to 60,000
pounds a year, and after two years to exclude it entirely. All the
Virginia leaf was to be admitted, but the Crown was to receive one third
of the crop, while the other two thirds was subjected to a duty of six
pence a pound.[162] This agreement proved most injurious to the Company,
and it was soon abandoned, but the heavy exactions of the King
continued. Undoubtedly this unwise policy was most detrimental to
Virginia. Not only did it diminish the returns of the Company and make
it impossible for Sandys to perfect all his wise plans for the colony,
but it put a decided check upon immigration. Many that would have gone
to Virginia to share in the profits of the planters, remained at home
when they saw that these profits were being confiscated by the
King.[163]
Public-domain text, read in full here on John Shaqi.
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