On the 31st of December 1 599 Queen Elizabeth granted the charter of incorporation to the East India Company, and Sir James Lancaster, one of the directors, was appointed general of their first fleet.
In 1805 Malthus married happily, and not long after was appointed professor of modern history and political economy in the East India Company's College at Haileybury.
It was not to the hostility of the natives, nor to the hard struggle with nature necessary to make agriculture profitable on Karroo or veld, that the slow progress made by the colonists was due, so much as to the narrow and tyrannical policy adopted by the East India Company, which closed the colony against free immigration, kept the whole of the trade in its own hands, combined the administrative, legislative and judicial powers in one body, prescribed to the farmers the nature of the crops they were to grow, demanded from them a large part of their produce, and harassed them with other exactions tending to discourage industry and enterprise.
He was intended for the bar, but was employed by Colbert, who had determined on the foundation of a French East India Company, to draw up an explanatory account of the project for Louis XIV.
The massacre of Amboyna in 1623 led the English East India Company to retire from the Eastern seas to the continent of India, and thus, though indirectly, contributed to the foundation of the British Indian empire.
Bogue himself would have gone to India in 1796 but for the opposition of the East India Company.
Between Hammersmith and the East India Docks illustrates successively every phase of London life.
Referring to the policy of the company, Watermeyer says: - The Dutch colonial system as exemplified at the Cape of Good Hope, or rather the system of the Dutch East India Company (for the nation should not wholly suffer under the condemnation j ustly incurred by a trading association that sought only pecuniary profit), was almost without one redeeming feature, and was a dishonour to the Netherlands' national name.
He did much to justify the trust placed in him, for the period of Frederick Henry is the most brilliant in the history of the Dutch Republic. During his time the East India Company, which had founded the town of Batavia in Java as their administrative capital, under a succession of able governorgenerals almost monopolized the trade of the entire Orient, made many conquests and established a network of factories and trade posts stretching from the Cape of Good Hope to Japan (see Dutch East India Company).
The Calcutta mint was established by the East India Company in 1757, but other mints in Bengal continued to be used till about 1835, when the Calcutta mint was rebuilt.