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+The Project Gutenberg EBook of The Virginia Company Of London, 1606-1624, by
+Wesley Frank Craven
+
+This eBook is for the use of anyone anywhere at no cost and with
+almost no restrictions whatsoever. You may copy it, give it away or
+re-use it under the terms of the Project Gutenberg License included
+with this eBook or online at www.gutenberg.org
+
+
+Title: The Virginia Company Of London, 1606-1624
+
+Author: Wesley Frank Craven
+
+Release Date: April 11, 2009 [EBook #28555]
+
+Language: English
+
+Character set encoding: ASCII
+
+*** START OF THIS PROJECT GUTENBERG EBOOK VIRGINIA COMPANY OF LONDON ***
+
+
+
+
+Produced by Mark C. Orton, Diane Monico, and the Online
+Distributed Proofreading Team at https://www.pgdp.net
+
+
+
+
+
+
+
+
+
+
+
+THE VIRGINIA COMPANY OF
+LONDON, 1606-1624
+
+
+
+
+COPYRIGHT(C), 1957 BY
+VIRGINIA 350TH ANNIVERSARY CELEBRATION
+CORPORATION, WILLIAMSBURG, VIRGINIA
+
+Second Printing, 1959
+
+Third Printing, 1964
+
+
+[Transcriber's Note: Extensive research did not uncover any evidence
+that the U. S. copyright on this publication was renewed.]
+
+
+Jamestown 350th Anniversary
+Historical Booklet Number 5
+
+
+
+
+THE VIRGINIA COMPANY OF LONDON, 1606-1624
+
+
+This is the story of the Virginia Company and only indirectly of the
+Virginia colony. Those who seek an account of the early years at
+Jamestown should turn to another number in this same series. Here the
+focus belongs to the adventurers in England whose hopes gave shape to
+the settlement at Jamestown, and whose determination brought the colony
+through the many disappointments of its first years. In terms of time,
+the story is short, for it begins with the granting of the first
+Virginia charter in 1606 and ends with the dissolution of the company
+in 1624. It thus covers a period of only eighteen years, but during
+these years England's interest in North America was so largely
+expressed through the agency of the Virginia Company that its story
+constitutes one of the more significant chapters in the history both of
+the United States and of the British Empire.
+
+In the beginning there were two companies of the Virginia adventurers,
+the one having its headquarters in London and the other in the western
+outport of Plymouth. Englishmen at that time used the name Virginia to
+designate the full sweep of the North American coast that lay above
+Spanish Florida. In the original Virginia charter the adventurers were
+granted rights of exploration, trade, and settlement on the "Coast of
+Virginia or America" within limits that reached from 34 deg. of latitude
+in the south to 45 deg. in the north, which is to say from the mouth of
+the Cape Fear River in lower North Carolina to a point midway through the
+modern state of Maine. The Plymouth grantees had a primary interest in
+the northern area that Captain John Smith would later name New England,
+and there they established a colony at Sagadahoc in August 1607, only a
+few weeks after the settlement of Jamestown. But the colony barely
+survived the winter, and was abandoned in the spring of 1608.
+Thereafter, the Plymouth adventurers gave up. In contrast, the London
+adventurers persisted, and their persistence served to tie the name of
+Virginia increasingly to them and to their more southerly settlement.
+As a result, the London adventurers became in common usage the Virginia
+adventurers, their company the Virginia Company, and their colony
+Virginia.
+
+The Virginia colony was especially fortunate in having the backing of
+London. Indeed, it may not be too much to suggest that the chief
+difference between the stories of Roanoke Island and of Jamestown was
+the difference that London made. Consistently, the leadership of
+Elizabethan adventures to North America, including those of Gilbert and
+Raleigh, had come from the western counties and outports of England,
+and with equal consistency hopeful projects had foundered on the
+inadequacy of their financial support while London favored other
+ventures--to Muscovy, to the Levant, and more recently to the East
+Indies. It was not merely that London had the necessary capital and
+credit for a sustained effort; it also had experience in the management
+of large and distant ventures, such as those of the East India Company
+over which Sir Thomas Smith presided, as he would preside through many
+years over the Virginia Company. London had too the advantage of its
+proximity to the seat of government in nearby Westminster, where King
+James had his residence, where the highest courts of the realm sat
+periodically, and where England's parliament customarily met. Already,
+in 1606, it was possible to trace in the immediate environs of the
+ancient City of London, itself still medieval in appearance and in the
+organization of much of its life, the broad outlines of the great
+metropolis that has been increasingly the focal point of England's
+development as a modern state.
+
+In thus emphasizing the importance of London to the early history of
+Virginia, one runs the risk of misrepresenting the true character of
+the Virginia adventure. Contrary to the impression that will be gained
+from many of our modern textbooks, the Virginia Company represented
+much more than the commercial interests of the port of London. Its
+membership included many gentlemen and noblemen of consequence in the
+kingdom. Some of them, no doubt, became subscribers to a Virginia
+joint-stock for the same reason that often led members of the landed
+classes in England into commercial ventures. But others, quite
+evidently, subscribed because of a sense of public responsibility, or
+simply because skilfully managed propaganda had put pressure on them to
+accept a responsibility of social or political position. For the
+Virginia adventure was a public undertaking, its aim to advance the
+fortunes of England no less than the fortunes of the adventurers
+themselves.
+
+It would be helpful if we knew more about the original Virginia
+adventurers than we do. The records are so incomplete as to make
+impossible anything approaching a full list of the first subscribers.
+However, enough is known to suggest the broad range of experience and
+interest belonging to those who now joined in a common effort to build
+an empire for England in America. The original charter of 1606 lists
+only eight of the adventurers by name, they being the ones in whose
+names the petition for the charter had been made. This list omits Sir
+John Popham, Lord Chief Justice of the Kings Bench, who may well have
+been the prime mover in the enterprise, and Sir Thomas Smith, who was
+an active leader from an early date. Four of the eight men listed are
+identified as belonging to the London group. Sir Thomas Gates was a
+soldier and veteran of campaigns in the Netherlands who would later
+serve as the colony's governor. Sir George Somers had led many attacks
+against Spanish possessions in Queen Elizabeth's day, was a member of
+parliament, and would meet his death four years later in Bermuda while
+on a mission of rescue for Virginia. Edward Maria Wingfield was another
+soldier who had fought in the Netherlands. He belonged to a family
+which had acquired extensive estates in Ireland, and he too would go to
+Virginia, where he served as first president of the colony's council.
+The most interesting of the four was Richard Hakluyt, a clergyman whose
+chief mission in life had been the encouragement of overseas adventures
+by his fellow countrymen. To them he had literally given a national
+tradition of adventure by compiling and editing one of the more
+influential books in England's history--_The Principall Navigations,
+Voyages, and Discoveries of the English Nation_, whose reading, in
+Michael Drayton's words, inflamed "Men to seeke fame." Hakluyt had been
+advisor to both Gilbert and Raleigh in their ventures, and since then
+he had consistently promoted the idea that England might best find in
+North America the opportunities that were needed for her prosperity and
+her security.
+
+A significant indication of the extent to which the public interest was
+considered to be involved in the Virginia project is found in the
+provision that was first made for the government of the two colonies.
+The powers of government, which is to say the ultimate right to decide
+and to direct, were vested in a royal council, commonly known as the
+Virginia Council and having its seat in London. Its membership was
+probably drawn exclusively from the two groups of Virginia adventurers,
+but the members were appointed by the king and were sworn to his
+special service. Among the first members were Sir Thomas Smith, chief
+of the London merchants; Sir William Wade, lieutenant of the London
+Tower; Sir Walter Cope, member of parliament for Westminster and
+adventurer in a variety of overseas enterprises; Sir Henry Montague,
+recorder of the City of London; Solicitor General John Doderidge,
+subsequently justice of the Kings Bench; Sir Ferdinando Gorges, who
+later would lead a reviving interest in the settlement of New England
+and still later would become an enemy of the Puritans who so largely
+accomplished that task; Sir Francis Popham, son and heir to the Lord
+Chief Justice; and John Eldred of London, Thomas James of Bristol, and
+James Bagge of Plymouth, each of these three being described as a
+merchant. This assignment of the powers of government proved to be
+awkward, and it denied the adventurers direct control over the more
+important questions affecting their adventures, as in the choice of a
+plan of government for the colony or in the appointment of its key
+officers. Consequently, the adventurers secured a change in the second
+Virginia charter, granted in 1609. It was then specified that members
+of the council thereafter should be "nominated, chosen, continued,
+displaced, changed, altered and supplied, as death, or other several
+occasions shall require, out of the Company of the said Adventurers, by
+the voice of the greater part of the said Company and Adventurers, in
+their Assembly for that purpose." In language less repetitious than
+that used by the company's lawyer, this meant that the council now
+became an agent primarily of the adventurers. Even so, the king
+retained a veto over any choice they might make, for members of the
+council were still required to take a special oath administered by one
+of the high officers of state, and refusal to give the oath could mean
+disqualification for the office. The company's later history would
+show, whatever its legal advisor may have assumed in 1609, that this
+requirement was no mere formality.
+
+It is not easy for the modern American to read with full assurance the
+scanty record of Virginia's first years. How, for example, should he
+interpret the suggestion at the beginning of the first charter that the
+adventurers sought chiefly to propagate the "Christian Religion to such
+people, as yet live in darkness and miserable ignorance of the true
+knowledge and worship of God?" It is simple enough to point out that
+the first adventurers in Jamestown showed very little of the
+missionary's spirit, that they included only one minister, and that he
+had enough to do in ministering to the English settlers. It is also
+easy to draw an obvious contrast between the dedicated missionaries who
+so frequently formed the vanguard of Spanish and French settlement in
+America and the adventurous and often unruly men who first settled
+Virginia. In the absence of immediate and continuing missionary
+endeavors, one is naturally inclined to dismiss professions of a
+purpose to convert the Indian as nothing more than a necessary gesture
+toward convention in an age that was still much closer to the medieval
+period than to our own. And yet, on second thought, one begins to
+wonder just how sophisticated such a conclusion may be. He remembers
+how deep was the rift between Protestantism and Catholicism at that
+time, how fundamental to the patriotism of an Englishman was his long
+defense of a Protestant church settlement against the threat of
+Catholic Spain, and how largely the issues of religious life still
+claimed the first thoughts of men. He then may feel inclined to observe
+that the English adventurers, after all, did undertake to establish a
+mission in Virginia at a relatively early date. True, ten years elapsed
+before the effort to provide a school and college for the Indians had
+its beginning, but these were years of a continuing struggle for the
+very life of the colony itself. In the circumstances, perhaps ten years
+should be viewed as a short time.
+
+Be that as it may, there are other questions that have been even more
+bothersome, if only because they have seemed more pertinent to the
+modern interest in Virginia's history. The American has been accustomed
+to view the Virginia colony as the first permanent settlement in his
+country, as the point at which his own history has its beginning, but
+he finds in the Jamestown colony a pattern of activity somewhat
+different from that he associates with the later development of the
+country. What kind of a colony was it? Was it really a colony? Just
+what were the adventurers trying to accomplish in Virginia? Were they
+actually interested in colonization, in the proper sense of the term,
+or were their objectives commercial? These and other such questions
+have claimed much of the attention of those who have sought to
+interpret for their fellow countrymen the early history of Virginia.
+The difficulty arises partly from the American's insistence that the
+later history of his country be taken as the standard for judging
+every action of the first adventurers, and partly from a failure to
+appreciate the extent to which the earlier ventures in Virginia were
+necessarily exploratory in character.
+
+If one of us could ask the adventurers in 1606 what it was they hoped
+to accomplish in America, he probably would be told that it depended
+very much on what they might find there. Although Richard Hakluyt had
+been most industrious in collecting available information from the
+earlier explorations of North America, including those by Spanish and
+French explorers, the specific information at hand was quite definitely
+limited. By the close of the sixteenth century European explorers had
+charted the broad outlines of the North American coast, and here and
+there they had filled in much of the detail, as had the French in
+Canada, the Spaniard and the Frenchman on the coast of Florida, and the
+Englishman along the coastal regions to be later known as Carolina and
+New England. But the information at the command of the adventurers in
+one country was not always available to those of another; indeed,
+within any one country there were shipmasters who carried in their
+heads working charts of coastal waters wholly unknown to the
+geographers and cartographers who sought to serve the larger interests
+of the nation. Thus the London adventurers in 1606, though having at
+hand a substantial body of useful information regarding the coasts, the
+winds, and the currents running northward from the West Indies past St.
+Augustine to Cape Hatteras, and comparable information regarding the
+more northern waters explored by Frobisher, Davis, Gilbert, and others,
+had only a sketchy knowledge of the intervening coastline that would
+soon be explored by Captain Samuel Argall on commission from the
+Virginia Company and by Henry Hudson, an Englishman temporarily in the
+service of Dutch merchants. Even Chesapeake Bay, to which the London
+adventurers dispatched their first expedition, was known to them
+chiefly by the reports of Indians interrogated by Raleigh's agents as
+they worked out from Roanoke Island. The first colonists in Virginia
+gave to London detailed information regarding the lower Chesapeake and
+the James River, but not until 1608 did Captain John Smith find the
+time to explore the upper reaches of the bay and to identify the great
+rivers emptying into it there. It hardly seems necessary to argue the
+utility of such explorations, to which eloquent testimony exists in the
+new bounds immediately fixed for the colony in the second charter. But
+many have been the attempts to pass judgment on the success or failure
+of the first settlers at Jamestown that have been written as though
+their primary assignment had not been to explore.
+
+Exploration and fortification--these two terms are consistently linked
+in the papers on which the early English adventurers jotted notes for
+their guidance or for the instruction of their agents in America. The
+very first objective of the explorers was to locate a suitable site for
+fortification, in order that further explorations might be conducted
+from a secure base. The fortifications to be raised had to meet
+exacting standards, such as would be approved by the military engineers
+with whom the adventurers consulted along with the geographers, the
+cartographers, and the shipmasters who also possessed useful
+information. For these fortifications were intended to provide security
+not so much against the native Indian as against the ships and soldiers
+of Spain. Over the years there had been some debate as to how the fort
+might be best located, with the result that in 1607 it was decided to
+locate it some distance up a river that would afford navigation for an
+ocean-going vessel but would force the enemy to fight his way inland
+against the disadvantage of the warning that could be given by an outer
+guard at the mouth of the river. Such were the considerations that
+shaped the choice of Jamestown as the site of the first permanent
+English settlement in North America. To stand in the middle of the
+Jamestown peninsula for contemplation of its many disadvantages for the
+purposes of agricultural settlement, and even for the health of its
+people, is to lose sight of the main point. One should walk over
+against the river, and consider there the field of fire that was open
+for well placed guns.
+
+And just what was the Jamestown fort supposed to guard? Was it the few
+acres of the modern county of James City, or the right of Englishmen to
+possess the Virginia peninsula, where so much of importance to our
+national history has found its place? Not at all. It was the right of
+Englishmen to be in North America, to fish the waters that lay off its
+coast, to trade with its inhabitants, and to exploit such other
+opportunities as an unexplored and undeveloped continent might offer.
+How far these opportunities might lead no one could tell in
+advance--perhaps even to China.
+
+A trade with China had been a major objective of English adventure
+since the middle of the sixteenth century, when the Muscovy Company had
+had its origins in an attempt to find a northeast passage around the
+Scandinavian peninsula leading to Cathay--Marco Polo's fabulous kingdom
+of northern China. The explorers found instead a profitable trade with
+the territories of Ivan the Terrible, but the Muscovy merchants
+continued to support a variety of ventures seeking the establishment of
+an Oriental trade. Their agents looked into the possibilities of an
+overland trade through Russia to Cathay, and experimented none too
+profitably with a trans-Russia trade with Persia. They gave their
+support to renewed attempts to find a northeast passage and claimed a
+right of license for the numerous efforts that were made in Elizabeth's
+reign to find a northwest passage around or through North America.
+Failing in these efforts, the English merchants finally had challenged
+Portugal's monopoly of trade with the East Indies by way of the Cape of
+Good Hope. The East India Company, chartered by Elizabeth in 1600, had
+gotten off to a good start, and was destined to become one of the great
+empire builders of Britain's history. In 1606, however, the East India
+merchants had had just enough experience with the new trade to begin to
+appreciate some of its difficulties, as in the need to employ larger
+and more expensive ships than were standard in England's maritime trade
+and the great distance to China by way of the Cape of Good Hope.
+Perhaps, after all, some route through America might have the advantage
+over the Cape route. In the opinion of the late Sir William Foster,
+through many years historiographer of the India Office, this was a
+chief reason for the interest Sir Thomas Smith took in Virginia.
+
+Let it be noted that Sir Thomas' interest in Virginia outlasted the
+hope that a successful search for a passage to China might be based on
+Jamestown. Nevertheless, the point may help to explain the marked
+emphasis on this hope that one finds at the beginning of the project.
+Instructions to the first expedition directed the choice of a seat on
+some navigable river, and added, "if you happen to discover divers
+portable rivers, and mongst them any one that hath two main branches,
+if the difference be not great make choice of that which bendeth most
+toward the North-West, for that way you shall soonest find the other
+sea." The other sea, of course, was the Pacific, or as Englishmen were
+likely to say, the South Seas, whose waters also washed the shores of
+China. Vain as was this hope of trade with the Orient through America,
+it was destined for survival, in one form or another, through many
+years. As late as the middle of the nineteenth century, it would be a
+principal argument for the construction of a trans-continental railway.
+
+In 1606 the supposition was that the river system of North America
+might be like that of Russia, where easy portages joining rivers
+flowing in different directions made it possible to travel, most of the
+way by boat, from the north to the south of the country and return.
+"You must observe," advised the adventurers, "whether the river on
+which you plant doth spring out of mountains or out of lakes; if it be
+out of any lake, the passage to the other sea will be the more easy,
+and [it] is like enough that out of the same lake you shall find some
+spring which runs the contrary way toward the East India Sea; for the
+great and famous rivers of Volga, Tanis and Dwina have three heads
+near joynd, and yet the one falleth into the Caspian Sea, the other
+into the Euxine Sea, and the third into the Polonian Sea." For this
+information, the Virginia adventurers were indebted to the Muscovy
+Company, with which Captain Christopher Newport, who commanded the
+ships dispatched to Virginia, had formerly served. It was a good enough
+working theory, based partly on knowledge of the geography of Russia
+and partly on interrogation of the Indians in Carolina by Raleigh's
+men. And the rivers of that part of North America which lies east of
+the Mississippi form just such a system as the Virginia adventurers
+envisaged, except for the fact that the Ohio and other westward flowing
+streams do not empty into the Pacific.
+
+The modern American has usually looked upon such a venture as this as
+something distinctly apart from an agricultural type of endeavor, but
+there is good reason for believing that the London adventurers took a
+different view. They understood the dependence of agriculture upon an
+opportunity to market its products, and they considered the success of
+their commercial ventures to be the surest and the quickest way of
+providing easy access to a market. If a new and practicable route to
+China could be found in America, any colony located close at hand to
+the portage along which the goods of the Orient were moved for
+transshipment to England would find a ready market for food and other
+provisions by supplying the ships engaged in a highly profitable trade.
+More than that, the plenty and the regularity of this shipping would
+provide easy freightage for the encouragement of a variety of
+agricultural and horticultural experiments looking to the production of
+such commodities as sugar, ginger, wine, or vegetable dyes and oils.
+The adventurers well understood the advantage to be gained by
+duplicating the success previously won by the Portuguese and Spaniards
+with such experiments in the Azores, in Madeira, in the Canaries, and
+more recently in the West Indies.
+
+To put the point briefly, Virginia was founded upon many different
+hopes for profitable undertakings--some of them commercial, some
+agricultural, and some industrial. The records show an early interest
+in several extractive industries, including mining, not just for gold
+but for copper and iron as well. First instructions for trade with the
+native Indians reveal an immediate concern for the establishment of
+good relations with them and for laying in a good stock of Indian corn
+as a food reserve, but they show too a concern for the policies that
+would shape the development of a wider trade. Provision in the charter,
+and in the instructions of the royal council, for the creation of
+individual estates according to the laws and customs of England, not to
+mention the guarantee of full legal rights for the inhabitants of the
+colony and for their children, leave no more room for speculation as to
+the intended permanence of the settlement than there is doubt as to the
+expected diversity of its economic activity. But for the time being,
+first things must take first place. Until it had been demonstrated that
+Virginia could provide profitable freightage for the ships of England,
+her future rested upon an insecure foundation. Hence, the initial
+emphasis on the type of activity which promised the more immediate or
+the greater return.
+
+Newport's fleet of the _Susan Constant_, the _Godspeed_, and the
+_Discovery_ sailed for Virginia in December 1606. While the adventurers
+waited for his return and report on the first discoveries, the Spanish
+ambassador excitedly reported to Spain that the English intended to
+send two vessels to Virginia each month until "they have 2,000 men in
+that country." Actually the plan seems to have been quite different.
+Lord Chancellor Egerton is reported to have declared in 1609: "We ...
+thought at first we would send people there little by little." Whatever
+the plan, this was the practice. Newport's total complement in the
+first fleet was 160 men of whom 104 remained in the colony. He was back
+at Plymouth by late July 1607, and from Plymouth he came on to London
+in August. For cargo he carried clapboard, and his sailors had picked
+up so much sassafras root that the leaders of the colony feared that
+the market for this established staple of the American trade might be
+ruined. He brought with him also ore which he hoped an assay would
+prove to be gold, and he declared the country to be rich in copper.
+With some exaggeration, he announced explorations "into the country
+near two hundred miles" and the discovery of "a river navigable for
+great shippes one hundred and fifty miles." The adventurers responded
+by sending him out again, in October 1607, with 120 prospective
+settlers and what would be greeted in Jamestown as the first supply.
+
+All told, Captain Newport would make five round trips between England
+and Virginia before ending a career that included service of the
+Muscovy Company by dying on the island of Java as an agent of the East
+India Company. He has found no important place in the American
+tradition, partly because Captain John Smith, the Virginia colony's
+first historian, took care to see that Captain Newport did not have a
+hero's role. But those of us who would understand the context in which
+our history first developed will do well to consider the career of
+Christopher Newport.
+
+In carrying out the second supply, which reached Jamestown in September
+1608, Newport had aboard 70 new colonists, including two women and
+eight Polish and German experts in the manufacture of glass, tar,
+pitch, and soap ashes. He had a broad commission for completing the
+exploration of the James River above the falls that much later would
+fix the site of Richmond, and for determining the fate of Raleigh's
+lost colony. He found no answer to that riddle, which remains to our
+own day an intriguing mystery; indeed, he seems not to have found the
+time for any real investigation of the problem. As a result, he brought
+back only rumors of four survivors living on the Chowan River. The
+instruction gains its chief interest from the suggestion it conveys of
+a renewed interest on the part of the adventurers in the area
+previously explored by Raleigh's men. Perhaps the adventurers
+anticipated the further disappointments resulting from the additional
+exploration of the James, and so thought again of the Roanoke River,
+which Captain Ralph Lane had partly explored in 1585 and 1586 with the
+hope that it might lead to China. Perhaps they had an eye mainly for
+the publicity that could be had for any news of Raleigh's colonists.
+Whatever the fact, a renewed interest in the Carolina region would find
+very concrete expression in a new charter the adventurers secured
+shortly after Newport's return to England in January 1609.
+
+The actual bounds of the Jamestown colony under the first Virginia
+charter ran 100 miles along the coast and 100 miles inland from the
+coast. This, at any rate, was the area to which title was promised by
+the charter. The second charter gave title to an area reaching 200
+miles both northward and southward along the coast from Point Comfort,
+at the mouth of the James, and "up into the Land throughout from Sea to
+Sea, West and Northwest." In these greatly enlarged bounds one
+immediately detects three major interests: (1) a desire to control the
+entire extent of any passage that might be found to the South Seas, (2)
+the hope that something might be accomplished in Carolina, and (3) the
+need for a title to the whole of the Chesapeake, whose exploration had
+been completed by Captain John Smith in the preceding summer. In this
+exploration Captain Smith had pointed the way for the colony's later
+expansion, but at the moment the adventurers seem to have viewed the
+Chesapeake as having value chiefly for its fish and trade and for
+further exploration. Dissatisfied with Jamestown, as a place that was
+both unhealthy and exposed to attack from the sea, they advised Sir
+Thomas Gates, on the eve of his departure for Virginia in the spring of
+1609 as the newly appointed lieutenant governor of the colony, to move
+his principal city above the falls on the James, where he would enjoy
+every advantage in an attack by a European foe, or better still, that
+he locate it on the Chowan River in modern North Carolina, "foure
+dayes Journey from your forte Southewards." In an earlier passage of
+his instructions, he had already been advised that he should be guided
+by the general principle of seeking the sun, "which is under God the
+first cause both of health and Riches."
+
+Those who bother to read Gates' instructions will notice the emphasis
+they place on the choice of a _principal_ seat. There were to be other
+towns, and Jamestown would be kept as the chief port of entry, though
+not as the site of the main magazine and storehouse. All told, perhaps
+three "habitations" would be enough for the settlers now to be
+transported. Their number was nothing less than 600 persons, men,
+women, and children--more than all the men who had been sent to
+Virginia in the preceding two years. If the reported statement of Lord
+Chancellor Egerton be accepted, the adventurers after two years of
+exploratory effort had come to feel that "the proper thing is to
+fortify ourselves all at once, because when they will open their eyes
+in Spain they will not be able to help it, and even tho' they may hear
+it, they are just now so poor that they will have no means to prevent
+us from carrying out our plan." It was indeed a poor year for Spain,
+which in 1609 had to agree to a truce in the long struggle with the
+Dutch that ultimately brought legal recognition of the independence of
+Holland. This was the year which also witnessed the exploration by
+Henry Hudson of the river that has ever since borne his name, a river
+on which the Dutch would soon lay the foundations of a shortlived North
+American empire. Only the year before had the French built their fort
+at Quebec. And now the English were determined to fortify Virginia "all
+at once." A once proud monopoly of the new world, and of its
+opportunities, was to be finally broken.
+
+The London to which Newport returned late in January, 1609, was already
+astir with preparations for an adventure such as England had never seen
+before. He sat in consultation with Sir Thomas Smith, as did Richard
+Hakluyt, and Thomas Hariot, who as a young man just out of Oxford had
+gone to Roanoke Island for Raleigh in 1585, and whose _True Report of
+Virginia_, published in 1588, still remained a chief dependence of the
+London adventurers. Hakluyt was preparing for publication a translation
+of the Gentleman of Elva's account of De Soto's expedition through the
+southeastern part of the later United States, an account published in
+April as _Virginia Richly Valued_. To this he added in June a
+translation from Marc Lescarbot's _Histoire de la Nouvelle-France_ for
+the purpose of demonstrating that Virginia "must be far better by
+reason it stands more southerly nearer to the sun." Broadsides
+scattered about London announced the special opportunities awaiting
+those who would join in the new venture, while clergymen in their
+pulpits lent the aid of divine sanction, as in Robert Gray's _Good
+Speed to Virginia_. The broad outlines of the new plan had been
+presented to the public in February by Alderman Robert Johnson in a
+tract entitled _Nova Britannia: Offering Most Excellent Fruites by
+Planting in Virginia_. By the end of that month the adventurers had
+also completed negotiations for the granting of the second charter, and
+had opened their books for subscription to a new joint-stock fund.
+
+The device of the joint-stock fund had been increasingly relied upon by
+English adventurers as they sought the means for financing more distant
+and more expensive ventures. It had the advantage of pooling the
+resources of more than one individual, and of distributing the risk,
+and the Virginia adventure had depended upon joint-stock methods of
+finance from the beginning. It is impossible to speak with exactness
+regarding the financial arrangements of the first years. A provision in
+the first instructions directing the settlers to live, work, and trade
+together in a common stock through a period of five years suggests the
+possibility of a five-year terminable stock, i.e., a fund that would be
+invested and reinvested through a term of five years before it was
+divided, together with the earnings thereon. But other evidence
+indicates that there may have been a separate stock for each of
+Newport's voyages, as was the case with each of the early voyages of
+the East India Company to the Orient. The so-called joint-stock company
+of that day rarely had a permanent joint-stock of the sort identified
+with the modern corporation. Instead, it functioned as a governing body
+representing all of the merchants engaged in a particular trade, who
+traded individually or through a variety of joint-stocks invested under
+the general regulation of the company. And such was the character of
+the Virginia Company.
+
+Whatever may have been the specific terms offered earlier investors,
+those offered in 1609 are clear enough. It was proposed that men
+subscribe at the rate of L12 10s. per share to a common stock that
+would be invested and reinvested over the term of the next seven years.
+Although special good fortune might justify a dividend of some part of
+the earnings at an earlier date, there would be no final dividend,
+which at that time meant a division of capital as well as the earnings
+thereof, until 1616. The dividend promised then would include a grant
+of land in Virginia as well as a return of the capital with profit. How
+much land depended, like the profit, on the degree of success that had
+attended the venture meantime.
+
+One of the inducements for subscription was a promise that all
+adventurers would have a voice in determining the policies of the
+company. Again, it is impossible to say just what had been the
+organization through which the adventurers had previously functioned.
+They probably followed custom by meeting in assemblies or courts (both
+terms were common) when some joint decision was needed, and no doubt
+they relied on the designation of such committees and officers as were
+necessary for the execution of decisions reached in their assembly. It
+may be that the adventurers sitting on the Virginia Council functioned
+also in the character of an executive committee for their fellows. In
+view of the well known tendency for institutions to evolve out of
+earlier practices, with such adjustments as experience may dictate,
+there is reason for believing that important features of the
+organization outlined in the second charter were older than the charter
+itself. But the charter of 1609 offers the first unmistakable evidence
+as to the organization upon which the adventurers depended.
+
+They were there incorporated by the name of "The Treasurer and Company
+of Adventurers and Planters of the City of London, for the first Colony
+in Virginia." Sir Thomas Smith was designated treasurer with power to
+warn and summon the members of the council and of the company "to their
+courts and meetings." The adventurers, "or the major part of them which
+shall be present and assembled for that purpose" were empowered to make
+grants of land according to "the proportion of the adventurer, as to
+the special service, hazard, exploit, or merit of any person so to be
+recompenced, advanced, or rewarded." They were to meet also as occasion
+required for the election of members of the council, which was charged
+with the management of the enterprise on the ground that it was not
+convenient "that all the adventurers shall be so often drawn to meet
+and assemble." The members of the council were listed by name, more
+than fifty of them, beginning with Henry, Earl of Southampton, and
+including the Lord Mayor of London, the Lord Bishop of Bath and Wells,
+Thomas, Lord De la Warr, Sir William Wade, Sir Oliver Cromwell, Sir
+Francis Bacon, Sir Maurice Berkeley, Sir Thomas Gates, Sir Walter Cope,
+Sir Edwin Sandys, Sir Thomas Roe, Sir Dudley Digges, John Eldred, and
+John Wolstenholme. These and their colleagues of the council, which
+included of course Sir Thomas Smith, were the great men of the company,
+not necessarily the heaviest investors but those whose experience, or
+social and political position, argued that they should be on the
+managing board. In short, the subscribers had a basic right to choose
+the directors of the business and to determine the division of its
+rewards, but the great men would run it.
+
+For the assurance of the adventurers, each of them was listed by name
+in the charter--all told, some 650 of them. In addition to the
+individuals there named, the charter listed some fifty London companies
+which had subscribed in their corporate capacity in response to the
+appeals of London's clergymen and the Lord Mayor. To list all these
+companies would be tedious, but some of them should be named, if only
+for the picture they give of London itself. Here were "the Company of
+Mercers, the Company of Grocers, the Company of Drapers, the Company of
+Fishmongers, the Company of Goldsmiths, the Company of Skinners, the
+Company of Merchant-Taylors, the Company of Haberdashers, the Company
+of Salters, the Company of Ironmongers, the Company of Vintners, the
+Company of Clothworkers, the Company of Dyers, the Company of Brewers,
+the Company of Leathersellers, the Company of Pewterers, the Company of
+Cutlers," and others, including the companies to which belonged the
+city's cordwainers, barber-surgeons, masons, plumbers, innholders,
+cooks, coopers, bricklayers, fletchers, blacksmiths, joiners, weavers,
+plasterers, stationers, upholsterers, musicians, turners, and glaziers.
+This was a national effort, but in a special way it was London's effort
+to serve the nation in response to a call from its leaders.
+
+There is reason to believe that the terms of the charter had been
+agreed upon by the end of February, but the document remained unsealed
+until May, when all who had subscribed could be listed. By that date,
+too, some 600 subjects of the king had agreed to make the adventure in
+person to Virginia. Some of them were smart enough to discount the
+propaganda that had persuaded them, and so they settled for the wages
+offered by the company. But others agreed to go on adventure, i.e. to
+accept the adventurers' offer that their personal adventure to
+Virginia would be counted as one share, at the minimum, in the common
+joint-stock. This was to say that they would be entitled to whatever
+rewards in 1616 might belong to any subscriber in England for L12 10s.;
+and if the personal adventure of the settler in Virginia was considered
+to be worth more, as in the case of a surgeon or one of the high
+officers of the colony, then might the rights of an adventurer in
+Virginia run as high as any belonging to the great adventurers in
+England. The colonists who came to America in 1609 were thus encouraged
+to view themselves as being in no way inferior to those who sent them.
+
+Sir George Somers had been selected as admiral of the great fleet which
+dropped down the Thames from London on May 15 and sailed from Plymouth
+on the second of June with a full complement of nine vessels. Somers
+rode aboard the _Sea Adventure_, whose master was Newport and whose
+passengers included Sir Thomas Gates and William Strachey, the newly
+appointed secretary of the colony. Ahead of them had gone Captain
+Samuel Argall, to find a new route to Virginia running north of the
+Spanish West Indies, and to make a test of the Chesapeake fisheries.
+Somers guided his ships along a route that had long been familiar to
+him, the route discovered by Columbus for Spain and the route that
+Newport and other English adventurers had consistently followed to the
+more southern parts of Virginia, but he tried to stay above the
+channels regularly followed by the ships of Spain. Such, at any rate,
+were his instructions, and for seven weeks out of Plymouth all went
+well. But then a storm struck, no doubt an early hurricane of the sort
+so familiar to residents of the east coast today, a storm which
+separated the _Sea Adventure_ from the other vessels and carried it to
+destruction off the coast of Bermuda. Providence brought crew and
+passengers, all 150 of them, safely ashore to begin an idyll that would
+be celebrated in Shakespeare's _Tempest_ and would be turned to
+advantage by the adventurers in their later propaganda. In Bermuda they
+found food in plenty--fish, fowl, and hogs that ran wild--and a most
+healthful climate. But for almost a year Virginia would struggle
+without the leadership of Somers, Newport, or Gates, and without the
+sure authority of instructions and commissions they had carried aboard
+the _Sea Adventure_.
+
+After ten months the shipwrecked colonists had fashioned from the
+cedars of Bermuda, which reminded them of the cedars of Lebanon, two
+small vessels named the _Patience_ and the _Deliverance_. The ships
+were stoutly enough built to carry the full company to Virginia in May
+1610, but at Jamestown they found only want and confusion. The other
+vessels in Somers' fleet had straggled into the bay the preceding
+summer with their storm-tossed passengers, but the following winter had
+been a nightmare. This was the winter that was destined long to be
+remembered as the starving time, the time when one man was reported
+even to have eaten his wife. Only a handful of the settlers, new and
+old, had survived, and Somers and Gates saw no choice but to abandon
+the colony. It was saved by the providential arrival early in June of
+Lord De la Warr, who brought with him 150 new colonists and a
+commission as the colony's governor. Somers went back to Bermuda in the
+hope of laying in a stock of pork for Virginia, but there he died and
+his seamen ran for England.
+
+The disturbing news of these tragic events reached London piecemeal.
+First came the news in the fall of 1609 that the _Sea Adventure_, with
+Somers, Gates, Newport, and Strachey, had been lost. This was a severe
+blow to the leaders of the company, who had planned to send De la Warr
+out with perhaps as many colonists as Somers had carried. Already the
+enthusiasm engendered by the promotional campaign of the preceding
+spring had begun to decline, as some men took second thought.
+Subscriptions at that time had been enlisted on an understanding that
+they might be paid in installments, and the adventurers now often found
+it difficult to collect what had been promised. During the winter they
+published an extraordinarily frank promotional piece, _A True and
+Sincere Declaration of the Purpose and Ends of the Plantation Begun in
+Virginia_. In this pamphlet, they did the best they could to stir again
+the high hopes of the preceding spring, but they had to admit what all
+London knew, that the news was not encouraging. And so they appealed to
+the honor of the subscribers, that they remember those in Virginia who
+had staked their lives on the promises made by other men. It must be
+said that the adventurers did very well indeed, in the circumstances,
+to get De la Warr away in the spring with three vessels and 150
+recruits for the colony.
+
+Had he been able to send back a favorable report on the situation in
+Virginia, the adventurers probably would have found their position not
+too difficult. Instead, Sir Thomas Gates returned to London in
+September 1610 with a report that caused the adventurers to consider
+seriously whether the whole project should not be abandoned. Gates
+himself was subsequently credited with having clinched the decision in
+favor of continuance by arguing that sugar, wine, silk, iron, sturgeon,
+furs, timber, rice, aniseed, and other valuable commodities could be
+produced in Virginia, given the necessary time and support. The
+adventurers saw also the promotional possibilities of Somers' shipwreck
+at Bermuda, or rather, the remarkable experience which had followed it.
+Was this not an encouraging sign of God's providential care? Of His
+willingness to support the English in Virginia? This was a question
+London was invited to contemplate again and again during the months
+that followed.
+
+No doubt, the courage of a few key leaders, among whom Sir Thomas Smith
+was now quite definitely the chief, had a large part in the decision to
+continue. Certainly, it took courage to launch the new campaign for
+funds to which the adventurers committed themselves in the fall of
+1610. The estimated need ran to L30,000. All former subscribers were
+urged to subscribe another L37 10s. on agreement that the subscription
+would be paid in at the rate of L12 10s. per year over the next three
+years. Others were invited to subscribe on the same terms. The Lord
+Mayor appealed once more to the London companies, and plans were made
+for inviting the other towns of England to contribute. In November the
+Company published _A True Declaration of the Estate of the Colonie in
+Virginia_ for the purpose of refuting "scandalous reports" tending to
+discourage subscriptions. Richard Rich presented, probably at the
+suggestion of the adventurers, his _Newes from Virginia, the Lost
+Flocke Triumphant_, a poem celebrating the shipwreck of the _Sea
+Adventure_ and the providential survival of its passengers. And to this
+Silvanus Jourdan added his _Discovery of the Barmudas_, a pamphlet
+recounting the experience of Somers and his colleagues in the islands.
+It was written, declared the author, "for the love of my country; and
+... the good of the plantation in Virginia."
+
+It is not so remarkable that the adventurers failed to achieve their
+goal of L30,000 as that they actually secured the subscription of
+approximately L18,000 by the spring of 1611. The records of the company
+are so incomplete for any time prior to 1619, when the only surviving
+court minutes have their beginning, that it is impossible to give the
+comparative figures one would like to have. But there is evidence
+suggesting that the fund raised in 1609 may not have been larger than
+L10,000. If this be true, the success of this second campaign for funds
+becomes all the more remarkable. One can hardly explain it in terms of
+the ordinary calculations of a business community. Perhaps the
+adventurers believed their own propaganda, were themselves responsive
+to the kind of patriotic appeal that was made in the spring of 1610,
+when they were trying to get Lord De la Warr's expedition ready. "The
+eyes of all Europe," said the adventurers, "are looking upon our
+endeavours to spread the Gospell among the heathen people of Virginia,
+to plant an English nation there, and to settle a trade in those parts,
+which may be peculiar to our nation, to the end we may thereby be
+secured from being eaten out of all profits of trade by our more
+industrious neighbors."
+
+With the new funds, the adventurers equipped two expeditions which
+sailed for Virginia in the spring of 1611. The first to leave carried
+300 men, in three ships, under the command of Sir Thomas Dale, another
+veteran of the Netherlands fighting who had been commissioned as
+marshal of the colony. It was impossible not to be impressed by the
+evidence that a lack of discipline had contributed to the colony's
+woes, and Dale, who sailed in March, undoubtedly was intended to draw
+upon his experience as a soldier for the better discipline of the
+colonists. Sir Thomas Gates, who followed Dale out in May, had a
+broader task. He would continue to serve as the lieutenant governor
+under Lord De la Warr, and, like Dale, he carried 300 passengers. But
+his six ships also carried much more. One of the basic problems of
+original colonization, though it has often been lost sight of, was to
+stock the colony with cattle, hogs, poultry, etc. Later colonists, in
+Maryland or Carolina, would buy these essentials in Virginia, but the
+Virginia colonists had no established neighbor of their own nation on
+which to rely, and during the starving time they had literally eaten
+themselves out of stock. Nothing could better illustrate the fact that
+the Virginia adventurers in 1611 had to begin all over again than the
+100 cattle, the 200 swine, and the poultry in unspecified numbers Gates
+had aboard his ships as they set their course westward. And if any one
+wishes to estimate the value of a cow that had been transported across
+the Atlantic, let him notice the penalty imposed by Dale's laws, so
+called, for killing one.
+
+As Gates dropped down the Thames in May, the adventurers must have
+relaxed with the satisfaction that comes from real achievement. Twice
+now, within the span of two years, they had raised a great fund with
+which they sent each time nine vessels and 600 colonists to Virginia.
+Indeed, they had done even more. Counting Argall's ship, which sailed
+ahead of Somers in the spring of 1609, and the three vessels going over
+with De la Warr in 1610, the company had dispatched to Virginia no less
+than 22 vessels and close to 1,400 colonists in a two year period. But
+Gates had hardly cleared the coasts of England before Lord De la Warr,
+of all persons, turned up in London, to the great consternation of his
+fellow adventurers.
+
+A general assembly of the adventurers on June 25 listened to his
+explanation, which was promptly published by order of the council.
+The story briefly was this. Ever since he had reached Virginia
+the preceding June he had suffered a succession of violent
+sicknesses--fevers, the flux, gout, and finally scurvy, "till I was
+upon the point to leave the world." In preference to this he left
+Virginia in a vessel commanded by Argall, and in the hope that he might
+recover his health with the aid of hot baths in the West Indies.
+Contrary winds had forced him to alter his course to the Azores, where
+oranges and lemons had cured him of the scurvy. He then resolved to
+return to his post, but was persuaded to seek first a full recovery of
+health "in the naturall ayre of my countrey." He deplored the ill
+effects on the Virginia project of his return home, but argued that it
+would have been far worse for Virginia had he remained there only to
+die.
+
+A nice advertisement this for the healthfulness of Virginia's climate.
+One might wonder at the council's decision to publish the report were
+it not for the obvious fact that the alternative would have been worse
+still. Some explanation had to be given the public, for the adventurers
+had counted heavily on the presence of Lord De la Warr in Virginia to
+offset the discouragement of earlier reports from Jamestown, as their
+promotional literature amply demonstrates. He was a nobleman, the head
+of a great family, and a member of His Majesty's Council for Virginia.
+"Now know yee," reads the commission he had received in February 1610,
+"that we his Majesties said Councell upon good advise and deliberation
+and upon notice had of the wisedome, valour, circumspection, and of the
+virtue and especiall sufficiencie of the Right Honourable Sir Thomas
+West, Knight Lord la Warr to be in principall place of authoritie and
+government in the said collonie, and finding in him the said Lord la
+Warr propensness and willingness to further and advance the good of
+the said plantation, by virtue of the said authoritie unto us given by
+the said letters pattents have nominated, made, ordained and apointed
+... the said Sir Thomas West, Knight Lord la Warr to be principall
+Governor, Commander and Captain Generall both by land and sea over the
+said colonie and all other collonies planted or to be planted in
+Virginia or within the limits specified in his Majesties said letters
+pattents and over all persons, Admiralls Vice-Admirals and other
+officers and commanders whether by sea or land of what qualitie soever
+for and during the term of his natural life, and do hereby ordaine and
+declare that he the said Lord la Warr during his life shall be stiled
+and called by the name and title of Lord Governor and Captain General
+of Virginia." And now, after little more than a year and before the
+subscribers to the new joint-stock fund had paid in their second
+installment, the Lord Governor and Captain General of Virginia was back
+in London to make a public confession that in Virginia he had nearly
+died of the ague, flux, and scurvy. From time to time thereafter the
+company publicly suggested that the Lord Governor might soon return to
+his post, but he did not undertake to do so until 1618 and then he died
+on the way.
+
+Once more the leaders of the company showed determination. Delinquent
+subscribers were carried to court in a series of chancery actions
+extending into 1614. How much was collected in this way cannot be said,
+but the complaints entered in chancery have provided most helpful clues
+to an understanding of the company's financial history. It seems
+unlikely that anything collected as a result of these actions served to
+do more than reduce an indebtedness incurred by the company in 1611 on
+the promise of its subscribers. One thing is certain: there was no
+chance of floating another subscription. By 1612 the adventurers were
+complaining that only the name of God was more frequently profaned in
+the streets and market places of London than was the name of Virginia.
+After that year the Virginia lottery, its winning tickets entitling the
+holder to an exchange for shares in the Virginia joint-stock, became
+the company's chief dependence. Now and again there would also be found
+some person who wanted to go to Virginia at his own cost, and was
+willing to pay the cost in return for shares of stock guaranteeing an
+ultimate title to land in the colony. These transactions, at a time
+when Virginia's name had lost its magic, were perhaps too few to
+suggest to any one of the adventurers that here was the future, not
+only of the company, but of English colonization in North America.
+Although the Virginia Company continued to be active for thirteen years
+after 1611, the last of its great joint-stock funds was the one to
+which men made their subscriptions just before Lord De la Warr came
+home.
+
+To this statement perhaps a qualification should be added. Virginia at
+first had been to Englishmen America itself, and so it had remained in
+a very real sense, despite an obvious tendency since 1609 for the
+adventurers to pin their hopes increasingly on what might be found
+within the reach of Jamestown. The continuance of the Virginia
+adventure became thus not simply a matter of keeping the Jamestown
+colony alive. What mattered was that somewhere in North America the
+great task to which the company had committed itself should go forward.
+And where better, after 1611, could this be tried than in the Bermudas?
+Divine providence had pointed the way, so clearly that it might even be
+possible to raise the needed funds in London. Moreover, Sir George
+Somers, by being shipwrecked there and subsequently by dying there, had
+provided a name for the islands that was both English and suggestive of
+a climate so healthful that even Lord De la Warr might prosper there.
+Accordingly, the leading members of the Virginia Company in 1612
+undertook the colonization of the Somers Islands, a designation often
+written as the Summer Islands, and for that purpose they subscribed to
+a new joint-stock fund. The Bermuda joint-stock, however, seems to
+have been a much more modest fund than that subscribed either in 1609
+or 1611.
+
+There was nothing unusual in thus creating within the framework of the
+Virginia Company a special stock for investment under the direction of
+its own officers and committees in the colonization of Bermuda. In the
+great companies of London it was customary that each stock should be
+separately administered. The only technical difficulty lay in the fact
+that Bermuda was located outside the geographical limits granted the
+Virginia adventurers. Under the second of their charters, rights at sea
+(on both seas) had extended out from the coasts for only 100 miles,
+which for the purposes of 1612 was not far enough. The adventurers,
+therefore, sought and secured a third charter granting them rights
+along the coast of Virginia, within the limits of 41 deg. and 30 deg. of
+northerly latitude, to a distance of 300 leagues, in order to include
+"divers Islands lying desolate and uninhabited, some of which are
+already made known and discovered by the industry, travel, and expences
+of the said Company, ... all and every of which it may import the said
+Colony [of Virginia] both in safety and policy of trade to populate and
+plant."
+
+This extension of bounds undoubtedly represents the chief reason for
+seeking the third Virginia charter, but the leaders of the company,
+while they had the opportunity, also included other significant
+provisions. Especially significant was a decision to enlarge the
+authority belonging to the general assembly of the adventurers. To its
+former prerogatives, which had been chiefly to elect members of the
+council and to determine the apportionment of lands, the third charter
+added three fundamental rights: to elect all officers of either company
+or colony, to admit new members to the fellowship of the company, and
+to draft laws and ordinances for the welfare of the plantation.
+Heretofore, the council had been the true governing body, though
+subject to a right of election and displacement by the adventurers in
+general assembly. Now the general court of the adventurers was to
+govern, with the council as its executive agency. Since voting in the
+Virginia courts, as in those of other companies at the time, was by
+head rather than by share, this provision of the charter can be
+interpreted only as an attempt by the great men of the company to
+encourage a renewed interest on the part of the general body of
+adventurers by enlarging their influence on the conduct of the
+company's affairs. It was the third charter which also authorized the
+establishment of the Virginia lottery--the first of many attempts in
+American history to exploit the gambler's instinct for the support of a
+worthy cause. In the charter the king also gave assurance that his
+courts would view favorably the company's suits against delinquent
+subscribers.
+
+[Illustration: Merchants of Virginia.
+
+The Company of Merchants, called _Merchants of Virginia_, _Bermudas_,
+or _Summer-Ilands_, for (as I heare) all these additions are given
+them. I know not the time of their incorporating neither by whom their
+Armes, Supporters, and Crest were granted, and therefore am compelled
+to leaue them abruptly.
+
+From John Stow, _Survey of London_, 1632
+
+Photo by Virginia State Library.]
+
+[Illustration: Virginia Seal
+
+Courtesy Mrs. L. T. Jester and Mrs. P. W. Hiden]
+
+[Illustration: A Declaration for the certaine time of dravving the
+great standing Lottery
+
+Heading for the Broadside issued by _The Virginia Company_, London,
+1615
+
+Photo by Virginia State Library. From photograph in Virginia Historical
+Society.]
+
+[Illustration: Royal Exchange, London. As it was in the time of the
+Virginia Company.
+
+Photo by New York Public Library]
+
+[Illustration: Captain John Smith
+
+From _The London Company of Virginia_ (New York and London, 1908)
+
+Photo by Virginia State Library.]
+
+[Illustration: THOMAS WEST, _Third Lord de la Warr_
+
+From Alexander W. Weddell, _Virginia Historical Portraiture_
+
+Photo by Virginia State Library.]
+
+[Illustration: SIR THOMAS SMITH (or SMYTHE)
+
+"The Right Worshipful Sir Thomas Smith, of London, Knight, one of his
+Maiesties Councell for Virginia, and Treasurer for the Colonie, and
+Gouernour of the Companies of the Moscovia and East India Merchants"
+
+From the Original Portrait by an Unknown Artist, now in the possession
+of The Skinners' Company, London.
+
+From Alexander W. Weddell, _Virginia Historical Portraiture_
+
+Photo by Virginia State Library.]
+
+[Illustration: Henry Wriothesley
+
+(Third Earl of Southampton)
+
+From the painting by Michiel Jansz van Miereveldt
+
+From _The London Company of Virginia_ (New York and London, 1908)
+
+Photo by Virginia State Library.]
+
+[Illustration: SIR EDWIN SANDYS
+
+From the Original Portrait by an Unknown Artist, now in the possession
+of Sir Edmund Arthur Lechmere, Bart, Bramham Gardens, London, England
+
+From Alexander W. Weddell, _Virginia Historical Portraiture_
+
+Photo by Virginia State Library.]
+
+[Illustration: Sir Thomas Dale
+
+Portrait by an unknown artist of the Anglo-Flemish School painted in
+oils early in the 17th Century. The original portrait is preserved in
+the Virginia Museum of Fine Arts, Richmond, Virginia
+
+Photo by Virginia State Library.]
+
+[Illustration: HENRY STUART
+
+_Prince of Wales_
+
+From Alexander Brown, _The Genesis of the United States_
+
+Photo by Virginia State Library.]
+
+The new charter having received the final seal in March 1612, a new
+colony was established in Bermuda in the following July. Its early
+history has a double significance for the later history of Virginia. In
+the first place, the Bermuda colony emphasizes the growing interest of
+the adventurers in what might be produced in America as against what
+might be found by way of America. The occupation of the Bermuda Islands
+might almost be described as a retreat from the earlier search for a
+passage to China. The move could be viewed also as a reassertion of an
+old interest in plundering the Spaniard, for the Bermudas lay athwart
+the homeward route of Spain's treasure fleets. But in any case the
+primary interest was in America and its own peculiar opportunities, and
+the attention given by the early settlers in Bermuda to experiments
+with tobacco, sugar, wine, ginger, and other such commodities suggests
+that their purpose was not so much to plunder the Spaniard as rather to
+emulate his success as a planter in the West Indies. Secondly, the
+adventurers showed a marked inclination to encourage each adventurer to
+meet his own costs. Provision was made for an early survey and division
+of the land, with the result that men put their money chiefly into the
+development of their own estates. A final survey was not completed
+until 1617, but at that date some of the Bermuda adventurers at least
+had known who their tenants were and approximately where their land
+would lie for three full years. Whether for these or for other reasons,
+Bermuda grew while Virginia languished. By 1616 over 600 colonists had
+reached the Somers Islands, where most of them survived. In contrast,
+Virginia had that year 350 people.
+
+The Bermuda subscribers had been separately incorporated as the Somers
+Island Company with its own royal charter in 1615. Indeed, ever since
+1612, when the Bermuda adventurers helped to relieve the financial
+embarrassment of the Virginia Company by paying L2,000 for its newly
+acquired title to Bermuda, the Somers Island adventurers seem to have
+functioned increasingly as a separate corporation. But the membership
+of the two companies was much the same. It had been the more active and
+interested of the Virginia adventurers who subscribed to the Bermuda
+joint-stock in 1612, and for twelve years thereafter the active
+membership of the Virginia Company came so close to duplicating the
+membership of the Bermuda Company that the two bodies often met
+virtually as one. Until 1619 Sir Thomas Smith served as governor of
+both companies.
+
+The growing interest of the London adventurers after 1612 in the
+colonization of Bermuda did not mean that Virginia was wholly
+neglected. Funds secured from the lottery and from suits against
+delinquent subscribers were enough to keep the project alive. In 1612
+the adventurers even sent out a stock of silkworms for a test of silk
+production. Needless to say, returning ships brought back no silk; nor
+did they bring sugar or wine. Lumber, including the valuable black
+walnut, seems to have provided the chief cargo for return voyages. A
+shipment of tobacco, Virginia's first, in 1614 gave some ground for
+arguing that the agricultural experimentation to which the colonists
+had been committed for several years now would pay off eventually. So
+argued Sir Thomas Gates on his return home this same year after three
+years of service in the colony, but the fact that he had come back
+from Virginia apparently made more of an impression than did his
+argument. Others also came home, their contracted term of service
+ended, and rarely did they bring any news from Virginia which added
+good to its name. Instead, they talked of the severe discipline under
+which they had been forced to live, and made sport of the too hopeful
+propaganda which had first persuaded them to become adventurers in
+Virginia. The discipline, chiefly associated with Dale's office as
+marshal, made his loyal decision to remain in the colony for another
+two years as lieutenant governor a further contribution to the ill
+repute of Virginia's name.
+
+Dale finally came home in 1616, the year in which the dividend on the
+1609 joint-stock fell due. The contrast between the high hopes of 1609
+and the reality of 1616 was all too painfully apparent. Six hundred
+men, women, and children had sailed for Virginia in the first of these
+years under a plan to live and work together for a seven year period.
+They would share, each according to his particular skill or aptitude,
+in the common task of planting a colony, and they would live out of a
+common store. By 1616, towns were to have been built, churches and
+houses raised, and an increasing acreage brought under cultivation. A
+variety of profitable crops would have been tested, and markets
+established for them. The original stock of cattle would have increased
+through care until there were enough for all. At the same time, the
+trade with the Indians would have been put on a profitable basis, as
+would have mining operations and perhaps even a trade to Cathay. Such
+was the general prospect to which so many adventurers had responded in
+1609. To the modern student all this seems so unrealistic as to be
+almost unbelievable, but unless one grasps the reality of the original
+dream he cannot hope to comprehend the extent of a later
+disillusionment.
+
+There were no funds to be divided in 1616, but the company did declare
+a dividend of land--not the 500 acres per share that Alderman Johnson
+had suggested as a possibility in 1609 but the more modest total of 50
+acres. This 50 acres, however, was designated as a first dividend.
+Others would follow, for an ultimate total of perhaps 200 acres per
+share, as the area in the colony's "actual possession" was enlarged.
+Plans were announced for dispatching a new governor to Virginia with
+instructions for completing the necessary surveys, and the adventurers
+were urged to seize the opportunity to gain a desirable priority in the
+location of their shares by contributing L12 10s. toward meeting the
+necessary costs. In return for this contribution, the adventurer would
+be entitled to an additional 50 acres. The land now to be divided was
+that lying along the James River, and only those adventurers who
+submitted to the additional levy would be entitled to share in the
+division, except apparently for adventurers then living in the colony.
+These were the old planters, as they came to be called, whose rights
+paralleled those of the old adventurers in England. It is evident that
+the adventurers were in no position to claim a monopoly as the just
+reward of their past sacrifices, for they also offered an immediate
+dividend, on terms no different from those governing the rights of the
+old adventurers, to any new adventurer who wished to join by paying L12
+10s. per share. Such was the estate to which the Virginia Company had
+been reduced after ten years of effort.
+
+To employ a term that was destined to become common at a later period
+of American history, the Virginia Company had become nothing more than
+a land company. Its one asset was the land that had been bought with
+the sacrifices of the first ten years, and after 1616 all of its plans
+depended upon the hope that it might use its power to give title to
+that land as an inducement for investment in the colony. In its
+advertisement in 1616 adventurers, both old and new, were invited to
+take up shares for occupancy by themselves or for development by
+tenants sent for the purpose. Perhaps because the first response to
+this appeal was disappointing, the company provided an additional
+inducement in 1617 by promising 50 acres per head for every person
+sent to the colony, the payment being due to the one who bore the cost.
+This was the Virginia headright, as it came to be called, which was
+destined to remain the chief feature of the colony's land policy
+through many years after the demise of the company itself. Intended at
+first to encourage the adventurers in England to send the labor that
+was necessary for the development of the land, it served thereafter as
+a land subsidy of the immigration on which the colony lived and grew.
+
+By 1618 the fortunes of Virginia were taking a turn for the better. The
+adventurers, or some of them at least, found encouragement in continued
+shipments of tobacco. These shipments were small and the quality of the
+tobacco could not be compared with the Spanish leaf of West Indian
+production which was finding a growing market in London despite King
+James's known disapproval of the habit on which the market grew. But
+the quality of Virginia tobacco, for which Sir Thomas Smith seems to
+have found a first market in the East Indies, no doubt could be
+improved as the planters learned the art of its cultivation and the
+adventurers found for them a better weed. No doubt, too, this success
+with tobacco, whatever the imperfections of the current product, could
+be viewed as a harbinger of other successful attempts to produce
+commodities the Spaniard had for so long and so profitably grown in his
+West Indian plantations.
+
+Further encouragement came from the willingness of the handful of
+planters already in Virginia to remain there, and from the decision of
+Ralph Hamor and Samuel Argall, both of whom had formerly served the
+company in the colony, to return there. Especially significant were the
+arrangements under which Hamor and Argall planned their return early in
+1617. One of the problems that had undoubtedly discouraged the
+adventurers from taking up the company's offer of a land grant in 1616
+was the question of the supervision that could be provided for such
+tenants as they might elect to put on the land. In Bermuda, the
+adventurers had found an answer, or rather thought they had, by
+dividing the land into tribes, later designated as parishes, over which
+a bailif would exercise an office that was partly civil and partly
+traditional on the landed estates of England. In Virginia, Hamor and
+Argall pointed the way to a solution by entering into an association
+with several of the adventurers in England for the development of a
+jointly held plantation. Thus, in January 1617, the company awarded 16
+bills of adventure to Hamor and six associates for the 16 men they
+proposed to transport to Virginia at their own charge. The following
+month saw a similar transaction with Captain Argall and his associates,
+five adventurers who had joined with this seasoned veteran to send out
+a total of 24 men. Argall went also as lieutenant governor in
+succession to George Yeardley, who had been left as deputy by Dale on
+his return to England in 1616, but the cost of getting the new governor
+out to his post seems to have been met entirely by his own associates.
+The arrangement has an obvious pertinence to an understanding of
+Argall's unhappy experience as governor, for he was later charged with
+neglect of the public interest through too great concern for his own
+personal interests. But here the emphasis belongs to the equally
+obvious fact that some of the adventurers were responding to an
+opportunity to send out tenants who would work under the management and
+direction of an experienced colonist.
+
+In 1618 George Yeardley was back in London consulting with other
+adventurers, including some of the leading members of the company, who
+were interested in forming associations for the development of
+"particular plantations." Late in the year he sailed for the colony as
+the newly designated governor of Virginia. With him he carried
+instructions which record for us further developments in the company's
+land policy. All adventurers, including delinquents who would pay up
+their subscription, were now promised 100 acres of land on the first
+dividend for each share of stock, and another 100 acres as a second
+dividend after the first had been occupied. Such of the ancient
+planters as had paid their own way to Virginia, which was to say those
+who had settled at their own cost before Dale's departure in 1616, were
+also to receive grants in like amount. The adventurers were encouraged
+to pool their rights for a common grant of land by the promise that
+their estate could be developed under their own management and would be
+treated as a separate administrative unit for civil and military
+purposes. What the company had in mind were the larger associations
+already formed or on the point of being formed, such as that for the
+settlement of Southampton Hundred, which eventually embraced a nominal
+area of perhaps as much as 100,000 acres and in which the associated
+adventurers invested a total of some L6,000. Another example is the
+association of Sir William Throckmorton, Sir George Yeardley, Richard
+Berkeley, George Thorpe, and John Smyth of North Nibley which early in
+1619 received a first joint grant of 4,500 acres and which founded
+above Jamestown the plantation known as Berkeley Hundred. These new
+associations were very much the same as the association of the Virginia
+adventurers which in 1612 had undertaken the colonization of Bermuda.
+For the development of their common grant they pooled the necessary
+capital in their own joint-stock fund and directed its investment
+through their own courts, assemblies, or committees as they saw fit.
+For every tenant sent to the plantation, the associated adventurers
+were entitled to an additional headright of 50 acres. They were awarded
+also an additional 1,500 acres for the support of public charges in the
+hundred, such as those incurred for the maintenance of a church and
+minister.
+
+How many of the colonists who migrated to Virginia between 1618 and
+1624 went by agreement with such associations as these is difficult to
+say, but there can be no doubt that they were a very large part of the
+total. The Virginia Company, which had served theretofore as the
+immediate colonizing agent, was becoming more and more a supervisory
+body for the encouragement of individual and associated adventurers in
+their own colonizing efforts. For itself, the company looked forward to
+a continuing revenue from quitrents to be paid, at the rate of two
+shillings per hundred acres after a term of seven years from the
+original grant, by all save the ancient adventurers and the planters
+who had migrated before 1616 at their own costs. To this revenue from
+quitrents could be added the benefit to be expected from the company's
+control of the colony's trade.
+
+As in 1609, there seems to be no doubt that all plans looked ultimately
+to the establishment of individual land titles. Where the record has
+survived, the associated adventurers clearly intended that their common
+grant would in time be divided. In the case of Berkeley Hundred, the
+evidence suggests too that the associates used the promise of a share
+in this division for the recruitment of their first tenants. Yeardley's
+instructions reaffirmed the company's promise of a headright in terms
+inviting the migration of individual settlers at their own cost.
+
+To understand the plans of 1618, the modern American needs to dismiss
+any idea that the isolated farm house of later America represented the
+ideal toward which men looked at this time. He should think rather of
+the English village community, or of the New England town, where men
+lived together with the advantages of a close social relationship and
+where the land they cultivated lay close at hand to the village and its
+church. If the associated adventurers continued to depend for a time on
+variations of the original joint-stock plan, it was not merely because
+they wanted to share the risk of a still uncertain venture or because
+they were seeking some useful device for meeting the problems of
+management. It was also because the plantation they hoped to establish
+was to have at its heart a town, and it was thought that the town could
+best be built through some common effort.
+
+What has been said above is not intended to suggest that the company's
+role after 1618 was to be purely supervisory. Although it had an
+accumulated debt of some L9,000, or possibly because of this debt, the
+company agreed for the encouragement of individual adventurers to
+assume heavy responsibilities of leadership. It directed Yeardley to
+lay out four towns, or boroughs, along the James in which grants to
+individuals or the lesser associations would fall--Kecoughtan at the
+mouth of the James, Henrico at the head of its navigation, and in
+between Charles City and James City. From the Bermuda adventurers the
+company borrowed the idea of establishing a public estate intended to
+meet as nearly as possible all costs of government. In each borough
+3,000 acres were to be set aside as the company's land for cultivation
+by its own tenants, who would work at half shares. Out of the company's
+moiety would come the support of all superior officers, excepting the
+governor, for whom an additional 3,000 acres would be set aside in
+James City. The company thus committed itself to a not inconsiderable
+program of colonization on its own responsibility.
+
+One wonders what it was that inspired this renewed, and most ambitious,
+venture in Virginia--a venture that would carry to Virginia over the
+next five years something like 4,500 colonists. Several possibilities
+can be suggested. First of all, it should be noted that the interest of
+the London adventurers in the colonization of America had never
+faltered, despite repeated disappointment, since they had originally
+laid their hands to the task in 1606. This, at any rate, is true of the
+adventurers who led, and more especially of Sir Thomas Smith. After it
+had become no longer possible to push the adventure in Virginia, they
+had turned to Bermuda, where an initial success seems to have
+encouraged another try in Virginia. The plans adopted for Bermuda and
+later for Virginia indicate that the adventurers shrewdly capitalized
+on the desire of Englishmen in many different walks of life for title
+to the undeveloped lands of America. A newly stirring missionary
+impulse had its part to play, if only by giving to the name of Virginia
+more helpful associations. Argall had captured Pocahontas, the favored
+daughter of Powhatan, and with her as hostage the colonists had forced
+a peace with a heretofore implacable foe. More than that John Rolfe had
+married the Princess Pocahontas, as the English liked to call her, and
+Sir Thomas Dale as his last major service to the colony had brought her
+to England in 1616. In London, at court, and elsewhere, she and her
+entourage of Indian maidens had been a most effective advertisement of
+Virginia. Even after her own death in 1617, her maiden consorts had
+stayed on for many months before being finally returned to Virginia by
+way of Bermuda. Since 1613 the Virginia Company had leaned heavily on
+the missionary appeal in its efforts to encourage continued support of
+the colony, and it may well have been the company itself which prompted
+the bishops of the Church of England in the year of Pocahontas' death
+to sponsor a collection of funds for an Indian mission in Virginia. In
+any case, the approximately L1,500 raised for the purpose were turned
+over to the company, which in 1618 ordered Yeardley to set aside 10,000
+acres at Henrico for the support of an Indian college.
+
+The adventurers in 1618 also decreed certain legal and political
+reforms that were helpful in giving Virginia a better name than it had
+enjoyed for several years past. Disgruntled colonists returning from
+Jamestown had brought exaggerated stories of Dale's discipline, with
+the result that Virginia had gained the reputation almost of a penal
+colony. The company's renewed guarantee that the settlers would enjoy
+the full common law rights of Englishmen at home was coupled with
+provision for a general assembly of the colonists, a body which first
+met at Jamestown in 1619. In short, the company had the benefit in
+1618, as so frequently in the past, of leadership of the highest
+quality.
+
+Sir Thomas Smith was still the governor of the company in 1618, and
+without question his leadership must be considered to be a major factor
+shaping the new life then being infused into the colony. But a
+factional strife that would soon help to destroy the company already
+had made its appearance. The sources of this factionalism were varied,
+and some of them had little to do with the affairs of Virginia. Thus,
+at this time Sir Thomas found a determined enemy in the Rich family,
+headed by the wealthy Earl of Warwick and represented most ably by Sir
+Nathaniel Rich, who for many years was an active leader in the House of
+Commons. Warwick had a way of investing in voyages which bordered
+closely on piracy, and as a result of one such investment had become
+involved in a long and bitter conflict with Smith as the governor of
+the East India Company. Unquestionably of more fundamental importance
+was a growing opposition to Smith that was based upon discontent with
+the former management of the Virginia project. It seems almost as
+though the Virginia adventurers, before they could place full
+confidence in the new program for the colony's development, had to find
+some more satisfying explanation for the company's previous failures by
+charging gross mismanagement of its affairs. Such, at any rate, was the
+conviction to which many adventurers came, chiefly it would seem the
+lesser adventurers who were easily prejudiced against the great
+merchants of London, of whom Sir Thomas was the chief. In a company
+where the ultimate power to decide had been vested since 1612 in a
+general assembly of the adventurers voting by head rather than by
+share, the discontent of the lesser adventurers could become under the
+guidance of an effective leader a very potent force.
+
+The leader was found in Sir Edwin Sandys, one of the ablest
+parliamentarians of seventeenth century England. Sandys himself was not
+one of the lesser adventurers. He had been a member of the Virginia
+Council since 1607, and in 1611 he had responded to the company's
+appeal for a subscription of L37 10s. by subscribing double that
+amount, thereby matching the subscription of Sir Thomas Smith. With the
+aid of other prominent adventurers, including the Earl of Southampton,
+and by making common cause for the moment with the Rich faction, Sir
+Edwin won election to the governorship of the company in the spring of
+1619. In the absence of anything approaching a full record, it is
+impossible to say what justification there may have been for the
+charges of mismanagement that were brought against Smith's
+administration. It would not be surprising if over the long and
+frequently discouraging years of his leadership, and especially in the
+period since 1612, some irregularities, some carelessness had crept
+into the conduct of the company's business. A very noticeable result of
+Sandys' election was an effort to systematize the company's procedures
+by adoption of new standing orders and regulations, and to bring order
+out of an alleged confusion of the company's records, especially those
+pertaining to the rights of the adventurers to land in Virginia. But it
+is possible to speak with full assurance on only one point: no other of
+the adventurers had shown more courage or more devotion to the colony,
+no other of them deserves to be better remembered than Sir Thomas
+Smith.
+
+There can be no question, however, that the reviving interest in
+Virginia received an additional stimulant from the fact that the
+business now had a new management. At the close of 1618, and largely as
+the result of emigration during that year, the population of the colony
+stood at approximately 1,000 persons. During the year after Sandys'
+election, a total of 1,261 emigrants left England for Virginia, over
+800 of them at the company's charge. This substantial evidence of the
+company's determination to assume the lead encouraged additional
+associations of adventurers to take up patents for their own
+plantations, with the result that by the summer of 1622 the council
+could announce that over 3,500 people had migrated to Virginia since
+the spring of 1619. This was a remarkable record, testifying to the
+very great gifts Sir Edwin possessed as a leader and the confidence men
+placed in his leadership.
+
+The minutes of the company's courts have survived for the period after
+the election of Sandys, and so it is possible to get a clearer picture
+of the company's organization and procedures than can be had for any
+earlier date. Further help comes from the "Orders and Constitutions"
+drawn up after Sandys' election and published in 1620 as part of a
+pamphlet skilfully written to convey the impression that Virginia's
+affairs were then being managed much better than in the past. The
+company depended basically upon decisions reached in four great quarter
+courts, which were general assemblies of all the adventurers who wished
+to attend and which were scheduled for regular meeting on next to the
+last Wednesday of each of the quarterly terms in which the king's
+courts sat at Westminster. Only a quarter court could elect officers,
+either of the colony or of the company, enact laws and ordinances, or
+determine policies governing the distribution of lands in the colony
+and the conduct of its trade. On the Monday preceding each meeting of
+the quarter court, a preparatory court would settle the agenda for the
+following Wednesday, in order that the members might have warning of
+the business to be taken up at that time. Each fortnight, except in the
+"long vacations" between court terms, an ordinary court would meet,
+again on Wednesday, with a quorum that required the presence of at
+least five members of the council, the treasurer or his deputy, and
+"fifteene of the generality." The hour of meeting for all courts was 2
+P.M., and at no court could a question be put after 6 P.M. A decision
+reached by any lesser court, including the extraordinary court that
+might be called in case of special emergency, could be overridden by a
+quarter court. This was the governing body of the company, a popular
+assembly in which Sir Edwin often demonstrated his special talent as a
+parliamentary tactician. Attendance varied according to the importance
+of the business at hand, but as many as 150 might attend.
+
+The quarter court meeting in Easter term was a court of elections,
+where the members cast their votes for all principal officers by secret
+ballot. Except for members of the council, all offices of the company
+were held by annual election. The chief office was that of the
+treasurer, as the governor of the company was still officially
+designated. As frequently as not, in common usage he was known as the
+governor, but the charters had fixed the title of his office and in so
+doing had pointed up a primary responsibility of the office. The
+governor of the Virginia Company was in fact its treasurer. After 1619
+no man could hold the position for longer than three years, and no man
+was eligible for election to it if already he was serving as the
+governor of another company, except that he might also serve as the
+governor of the Somers Island Company. The election court might vote a
+reward for services rendered, but the treasurer, like other principal
+officers, served without fixed compensation.
+
+His chief assistant, and the second officer in rank, was the deputy. As
+the title suggests, he might be deputized to perform virtually any
+function of the governor, including that of presiding at courts in the
+governor's absence. But he also had important functions of his own. He
+is perhaps best described as the chief administrative officer of the
+company. He was specifically charged with superintendence over all
+lesser officers, and he had a primary responsibility for contracts and
+other business arrangements relating to the dispatch of shipping,
+provisions, and passengers to Virginia and to the receipt, storage, and
+marketing of cargoes returned from the colony. At all times, he acted,
+or was supposed to act, in accordance with instructions from the court,
+council, or treasurer, but all such instructions were necessarily
+general in character. Many were the opportunities to use his own
+judgment, or to confer a favor, as he handled business transactions
+involving hundreds or even thousands of pounds. For his assistance and
+perhaps to keep a watch on him, he had a committee of sixteen men
+chosen by the court under a provision requiring that a fourth of the
+number should be changed each year "to the end [that] many be trained
+up in the businesse." The committee may have been new, but the deputy's
+office was old. It had been occupied for many years before the spring
+election of 1619 by Alderman Johnson. Some of the more serious charges
+brought against Smith's administration related to the management of
+the magazine, as the stock of supplies periodically forwarded to the
+colony was generally described. Johnson had managed the successive
+magazines, each separately financed by its own joint-stock, until in
+1619 he was replaced by John Ferrar.
+
+The council, still described as His Majesty's Council for Virginia, had
+become a large and unwieldy body, with many of its members inactive.
+Its influence on the conduct of Virginia's affairs was now decidedly
+less important than in the earlier years. According to the Orders and
+Constitutions, no one "under the degree of a Lord or principall
+magistrate" was thereafter to be elected to the council except "such as
+by diligent attendance at the courts and service of Virginia for one
+year at least before, have approved their sufficiency and worth to the
+Companie." As this statement strongly suggests, a place on the council
+was for many members an honorary post through which one might lend the
+prestige of a great name to a worthy undertaking without assuming much
+real responsibility. Nevertheless, the legal powers of the council
+under the Virginia charters made its services indispensable, and made
+it desirable that at least a few of its members should be intimately
+acquainted with the business. The treasurer was supposed to consult
+with the council on important occasions, and especially on matters
+pertaining to the government of the colony. All formal instructions to
+officers in the colony had to be sent in the name of the council and
+over its seal. In any case of removal from office, in London or at
+Jamestown, the cause had to be considered in council before it could be
+taken before the adventurers. But any seven members made a quorum
+giving full power to actions taken in council, and the treasurer, who
+was always a member of the council, had the custody of its seal.
+
+Two of the seven auditors now required for annual review of
+disbursements and receipts had to be members of the council. The
+auditors' office had grown out of the disputes over the accounts of Sir
+Thomas Smith, and in addition to the annual auditing of the
+treasurer's report, which had to be submitted to the Easter court, they
+were charged with responsibility for a close review of all earlier
+records of the company. The primary purpose was to establish a full and
+exact list of all subscriptions, with notation especially of
+delinquencies. Salaried officers of the company were a secretary, a
+bookkeeper, a husband (or as we would say, an accountant), and a bedel
+or messenger. The secretary served all courts held by the adventurers,
+the council, and the auditors, or by standing and special committees,
+of which last the adventurers appointed quite a number. In addition,
+the secretary was custodian of the company's records.
+
+Although Sir Edwin Sandys continued to be the actual leader of the
+company until its dissolution in 1624, his tenure of the treasurer's
+office was limited to a single year. When the adventurers assembled for
+the annual elections in the spring of 1620, they were much disturbed to
+receive instruction from the king that Sir Edwin was not to be
+re-elected. Instead, the king suggested the choice of some merchant of
+means and wide experience--perhaps Sir Thomas Smith, Sir Thomas Roe,
+Alderman Robert Johnson, or Mr. Maurice Abbott.
+
+Whether Sandys could have been elected in the absence of this
+interference by the king, which the adventurers protested as an
+unwarranted invasion of their liberty, is itself an interesting and
+debatable question. By his many criticisms of the previous conduct of
+the company's affairs, Sandys had won the undying enmity of Sir Thomas
+Smith and his important friends. More than that, he had quarreled with
+his ally of the preceding year, the Earl of Warwick, who had
+connections hardly less impressive than those enjoyed by Sir Thomas.
+The quarrel with Warwick was over a question of piracy, as Sir Edwin
+chose to regard it. One of Warwick's ships, the _Treasurer_, had sailed
+from England in April 1618 with a license to capture pirates, which was
+one way of getting a ship cleared from English ports for depredations
+against the Spaniard at a time when the king had set his face against
+all such activity. The _Treasurer_ had called at Jamestown, where
+Governor Argall, who had rendered important services to the colony but
+who had special reason to understand that his position in Virginia
+depended upon the good will of important members of the company, helped
+to outfit the vessel for a raid on the West Indies. Recent studies, and
+especially those of David Quinn, a British scholar, argue strongly that
+the earlier ventures of Gilbert and Raleigh had been inspired very
+largely by the desire to establish some base on the North American
+coast that would be useful in attacks upon Spanish possessions and the
+trade routes which joined them to Spain. But it is evident enough that
+by this time the leaders of the Virginia Company were chiefly fearful
+that Spain might attack their colony before it was securely fortified,
+and before it had fulfilled the promise of rewards far greater than
+anything freebooting ventures could offer. As a result, Governor
+Yeardley, on instruction from London, denied the courtesies of
+Jamestown to the _Treasurer_ on its return in 1619, and won for Sandys
+thereby the bitter resentment of the Rich family.
+
+The king's interference in the election of 1620 has naturally become a
+celebrated incident in the history of Virginia. Sir Edwin was a leader
+in parliament, which before the century was out would establish its
+supremacy in the government of England, and the Virginia Company in
+1620 had only recently established the first representative assembly in
+North America. To historians who have sought the larger meaning of the
+American experiment, it has often seemed that the king must have been
+guided by a fear of representative government--in other words, that his
+motives were largely political. No doubt, he was more easily persuaded
+to enter an objection to Sandys' re-election because of Sir Edwin's
+opposition to royal policies in the house of commons, but there is no
+contemporary evidence to suggest that the king had even noticed the
+Assembly which met at Jamestown in 1619. Moreover, that Assembly had
+been authorized before Sandys' election, at a time when Sir Thomas
+Smith was still in the chair, and anyone who thinks the motion had been
+carried over Smith's opposition should take note that the same kind of
+representative assembly was established in 1620 for Bermuda, over whose
+fortunes Sir Thomas would continue to preside until 1621. Not until the
+middle of the seventeenth century, at the time of Cromwell, does it
+appear that anyone even suggested that the primary reason for the
+king's interference was fear of a significant development in the
+history of representative government.
+
+What actually happened in 1620 would seem to be clear enough. Sir
+Thomas Smith had connections that reached all the way into the king's
+bedchamber, and there he effectively argued that Sandys did not know
+his business. It was an argument that found not a little justification
+in the fact that the company had to admit by a broadside published in
+the very month of the election court that hundreds of the colonists
+sent to Virginia in the preceding year had died within a short time of
+their arrival there, and it may be that Sir Thomas apprehended the even
+greater disasters soon to overtake the colony. A more likely
+supposition, however, is that he seized upon this news from the colony
+as an opportunity to vent his resentment against Sandys, a resentment
+that must have become more bitter with each of Sir Edwin's promotional
+releases advertising the great improvements now to be found in the
+management of Virginia's affairs. The legal basis on which the king
+acted was probably debatable. No doubt, he depended upon the provision
+in the charter requiring that all members of the council, of which the
+treasurer was the head, be sworn to the king's service. But membership
+on the council was for life, and Sir Edwin had taken his oath as a
+member of the council as early as 1607. Perhaps the king took advantage
+of the company's regulations requiring an annual election and that the
+treasurer be sworn following his election. Whether this was a new
+requirement cannot be said. It can only be suggested that the king
+intended to say that if Sir Edwin were re-elected he would not give him
+a necessary oath of office. It may be, too, that he stood quite simply
+on the prerogative of his office to insist that his subjects in
+Virginia were entitled to royal protection. In any case, the
+adventurers chose not to defy the king's wish.
+
+Having protested his interference as unwarranted, the quarter court in
+May 1620 adjourned without electing a treasurer. Instead, the
+adventurers appointed a special committee to call on the king for the
+purpose of acquainting him with the true facts regarding "the managing
+of their business this last year" and to ask for a free election.
+Sandys himself appealed to the royal favorite, the young Duke of
+Buckingham, but with no effect on the king's decision. When the
+adventurers reassembled late in June, they elected the Earl of
+Southampton as treasurer. Thus, in a sense both parties to the dispute
+emerged victorious. Sandys was no longer treasurer, but the adventurers
+had refused to elect a merchant and Southampton would preside
+thereafter in behalf of Sandys. There can be no doubt that Sandys
+continued to be the leader of the company. Moreover, in 1621 he
+extended his power by gaining control of the Somers Island Company
+through the election of Southampton to its governorship.
+
+A question that naturally arises is that of how, or why, Sir Edwin was
+able to survive this challenge to his leadership. The news from
+Virginia was by no means encouraging. Given the long record of
+disappointment there, and the many men who previously had died there,
+the fact that several hundred of the most recent settlers had succumbed
+might have been expected to unsettle any administration. Perhaps it was
+the king's interference, serving as it did to rally the adventurers in
+defence of the company's liberty. Perhaps Sir Thomas was guilty of too
+naked a display of his power, with the result that the lesser
+adventurers, who already had been taught to view the great merchants of
+the company with suspicion, rallied to the support of Sandys. Perhaps
+it was because the Earl of Warwick and Sir Thomas had not learned yet
+the need for effective teamwork; both men disliked Sandys, but they had
+their own quarrels and they would not form a real coalition against him
+for another two years. All these possibilities must be given
+consideration, but there would seem to be still another reason,
+possibly the most important of all.
+
+Sir Edwin Sandys was a man of remarkable gifts, and nowhere are these
+gifts better demonstrated than in his ability to stimulate the highest
+hopes for Virginia. Before him only Richard Hakluyt, a patriot now dead
+four years, had managed better to depict the promise America held for
+Englishmen. Sandys wrote no major work on the subject, and even the
+company's promotional pamphlets, which he undoubtedly shaped in some
+large part, lacked the fire that Hakluyt, or even Alderman Johnson,
+could impart to that branch of literature. It must be said also that
+Sandys added no new idea to those which for a generation past had
+guided Englishmen in their American ventures. His program included not
+a single objective that the Virginia Company had not theretofore tried
+to realize; the chief contrast with former programs was the absence of
+any emphasis on the prospect that a route to the South Seas might be
+found, an objective the adventurers had dropped for all practical
+purposes a good many years before Sandys became their treasurer. But
+Sandys had confidence, a systematic and orderly mind, and a persuasive
+way of talking in the quarter court or in conference with the
+individual adventurer who contemplated some new risk of capital. As a
+result, he managed to convey the impression that plans had now been so
+well thought through that Hakluyt's objectives in America had at last
+become attainable.
+
+Leaving aside the search for a passage to China, which may never have
+been so important to Hakluyt as it was to the people whose interest in
+America he sought to enlist, Sandys undertook to carry through, all at
+once, the program Hakluyt had outlined for Queen Elizabeth as early as
+1584 in his famous "_Discourse on Western Planting_." It was a program
+that looked to the development in America of products that would free
+England of dependence upon trades with other parts of the world which
+were in any way disadvantageous to England, and that would guarantee to
+any Englishmen who developed such products a sure profit on their
+investment. It was a program that had taken its shape first from the
+prospect, in Raleigh's day, of an early war with Spain, and perhaps it
+should be noted that when Sandys came to office in 1619 the Thirty
+Years War had only recently had its beginning with the king's own
+son-in-law a central figure. The war has gone down in our history books
+as the last of the great religious wars, and many were the Englishmen
+who thought that England should be, or would be soon involved.
+
+In Virginia, Sandys promised to produce iron. It is strange that the
+attempt to develop an iron industry in Virginia, on which the company
+spent all told something like L5,000, should have made less impression
+on modern historians than has an early and brief search for gold that
+was incidental to other explorations. The iron industry in England was
+suffering from the depletion of the island's wood supply, which was
+still depended upon for smelting, and Virginia promised an unlimited
+supply. Other industries that he hoped to develop in the colony are
+suggested by a list of tradesmen the company invited to adventure to
+Virginia in 1620: among them, sawyers, joiners, shipwrights,
+millwrights, coopers, weavers, tanners, potters, fishermen,
+fishhookmakers, netmakers, leather dressers, limeburners, and dressers
+of hemp and flax. Even more important because so much depended upon
+persuading the individual adventurers to invest their own money in the
+development of their land, were plans for the production of sugar,
+wine, indigo, silk, cotton, olive oil, rice, etc. In the development of
+these products Sandys intended the public lands--those cultivated under
+the direct supervision of the company and by its own tenants--to serve
+more or less in the capacity of experimental farms. For their planting
+he sought seeds and plants from various parts of the world. On the
+college land he had some 10,000 grapevines set out, and sent for their
+care foreign experts imported from the continent. To make sure that
+private estates would not be devoted wholly to tobacco, as yet the
+colony's only proven staple, he wrote into land patents a stipulation
+that other staples would be given a trial.
+
+To find the money for investment in the public lands was no easy task.
+No common joint-stock fund could be raised in 1619, if only because the
+company's plans depended chiefly upon the hope of inducing the
+adventurers to invest in their own lands. It cannot be said how
+successful were the renewed attempts to collect from delinquent
+subscribers, but perhaps some help came from that source. Sandys
+depended also, as had Smith before him, on the Virginia lottery,
+perhaps more than upon any other source, for the lottery was terminated
+early in 1621 by order of the privy council on grounds that included
+the complaint of parliament that the lottery had become a public
+nuisance. A very substantial help to Sir Edwin was the bishops' fund
+for an Indian college and additional funds raised for the support of an
+Indian school in the colony. The total ran to better than L2,000. It
+had been decided in 1618, well before Sandys' election, that the money
+from the bishops' fund would be invested in an estate to be known as
+the College Land, and the precedent thus set was followed in disposing
+of funds subsequently made available to the company for an Indian
+school. In practical terms, these decisions meant that all mission
+funds were used to send out tenants on the promise that a half-share of
+the wine and other such commodities as they might produce would in time
+provide a permanent endowment for the school and the college. The
+decision reflects both the extraordinary poverty of the company and the
+extraordinary confidence with which its leaders approached their new
+ventures in Virginia.
+
+By the spring of 1621, when the bulk of the college funds had been
+expended and the lottery was terminated, Sir Edwin's financial
+resources had become even more skimpy and uncertain. Some projects,
+such as that for the settlement of Italian glass-workers who were to
+manufacture pottery and beads for use in the Indian trade, could be
+financed by subscriptions to a special joint-stock, but this device
+offered no help in meeting general expenses. As a result, Sandys
+continued to take certain shortcuts, or perhaps the blame should rest
+rather on Deputy John Ferrar. In any case, the colonists complained
+that shipping came out so overloaded with passengers as to invite the
+epidemic disease with which they usually suffered on landing, and which
+made of newcomers a useless burden on the colony for some time after
+their arrival. The deathrate among the colonists continued to be high.
+The time and energy required to house them, or to feed them,
+unavoidably forced delay with projects on which Sandys had pinned his
+chief hopes. He was especially disappointed over the slow progress of
+agricultural experimentation. Accordingly, when Yeardley's three year
+term was ended in 1621 and Sir Francis Wyatt was sent as his
+replacement, Sir Edwin also sent his brother, George Sandys, as
+appointee to a new office of treasurer. He was given special charge of
+all projects looking to the development of new staple commodities and
+was intrusted with the collection of rents, of which the company
+claimed L1,000 were presently due. These rents, which were to be
+collected largely from half-share tenants who had migrated within the
+preceding three years, undoubtedly now constituted the company's main
+hope for an immediate revenue. Except in a very few instances, no
+quitrents would be payable until 1625, and so general had been the
+disappointment experienced so far with special projects that further
+time would have to be allowed before any return from them could be
+expected. In short, the company had exhausted its very limited
+resources in getting Wyatt and George Sandys out to Virginia, and had
+nothing left but hopes for the future and the anticipation of a small
+immediate revenue from the rents of its own tenants, most of which had
+already been assigned to such special charges as the support of public
+officers in the colony. In London, virtually the only asset left to the
+company was the will and determination of Sir Edwin Sandys.
+
+In these circumstances, Sandys necessarily devoted his main energies
+after 1621 to the problem of tobacco, the only marketable staple the
+colony had as yet produced. It was an old problem, but one now filled
+with new difficulties. In earlier days, when it had been hoped that
+tobacco might be one of a variety of staples produced in the colony,
+the Virginia Company, like the Bermuda Company, had lent encouragement
+to efforts looking to its production. But hardly had early experiments
+proved successful before the adventurers faced the risk that tobacco
+would take over the colony entirely. There is nothing surprising in
+this development, for a tobacco plant, unlike a grapevine or an olive
+tree, matures within a few months of its planting, and the tobacco
+habit at this time was a thing of comparably rapid growth in many parts
+of the world. To settlers who had been staked by adventurers ever
+insistent upon a prompt return of their capital, or who wondered how
+best to procure the means to make payment for the supplies brought in
+the next magazine ship, the obvious answer was to plant the land to
+tobacco. After doing this, if time and energy remained, they might try
+some of Sir Edwin Sandys' ideas--maybe set out a few grapevines or
+mulberries, as they had been instructed to do. There was good reason
+for the growing fear among the leading adventurers in London that
+tobacco might put a blight on all other projects.
+
+More than that, the increasing shipments of tobacco, especially in view
+of the still relatively poor quality of the Virginia leaf, gave the
+colony a bad name just when its good name was so important to the
+promotional efforts of the company. The tobacco habit did not yet have
+the respectable associations it would later acquire in the eighteenth
+century. Instead, it was associated with tippling or bawdy houses,
+where in truth a pipe was most easily had by the contemporary resident
+of London. Moral considerations were reinforced by an additional
+concern for the public interest. So much of the weed consumed came from
+Spain that thoughtful men were inclined to consider how much England
+paid out, to the profit of the Spaniard, for a commodity which added
+nothing to the well being of the country. Had it not been for the
+influence of Virginia and Bermuda adventurers in the House of Commons,
+Parliament in 1621 might well have prohibited all importation of
+tobacco into England. And in all England there was no more vigorous
+opponent of tobacco than the king himself. Indeed, the king had even
+written a book on the subject.
+
+The attitude of King James had a most important bearing on another
+angle of the problem. Under its charter, the company had been allowed a
+seven year exemption from import duties on cargoes brought from
+Virginia. When this exemption expired in 1619, the government
+immediately imposed a duty that was fixed early in 1620 at 1s. per
+pound of tobacco. Though this was only half the duty paid by Spanish
+tobacco, it was nonetheless a heavy burden to be imposed upon leaf that
+was declared never to have sold at more than 5s. a pound and that
+brought an average of only 2s. for the better grade in 1620.[A] The
+adventurers' attempted escape by shipping their tobacco to Holland won
+them a sharp reprimand from the privy council, and an order to bring
+all of Virginia's tobacco to England for payment of his majesty's
+customs. As negotiations with the king's ministers for some relief
+continued, it was proposed in 1622 that the Virginia and Bermuda
+adventurers might take over the tobacco monopoly, which was a grant of
+the sole right to import tobacco of any sort into the kingdom in return
+for a fixed contribution to the royal revenues. The holder of such a
+monopoly--a very common device at the time--was entitled to collect the
+customs and to hope that what he collected, plus the advantage of a
+monopolistic control of the market, might enable him to clear a profit
+on the transaction. Here, in other words, was a proposal that might
+provide the needed relief, even some income for the company's hard
+pressed treasury. The Virginia Company by 1622 was in no position to
+ignore such an opportunity and fortunately, the Sandys faction was now
+in control of the Somers Island Company. A joint committee of the two
+companies, headed by Sir Edwin himself, entered into negotiations for
+what was known as the tobacco contract.
+
+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.
+
+This was in the spring of 1623. During the course of the preceding
+debate, news had come of an Indian massacre in Virginia that had cost
+the lives of over 350 colonists. The faction-ridden and bankrupt
+company had stirred itself to send such aid as it could, but now came
+the word that this had not been enough. By the testimony of Sandys' own
+brother, though this testimony may not have been immediately available
+to his enemies, another 500 colonists had died before the year was out
+as a result of the dislocations occasioned by the massacre, and as a
+result of the failure of the company to send enough aid. The tobacco
+contract dropped into a position of secondary importance as Sandys'
+opponents, with Alderman Johnson taking the lead, petitioned the king
+for a full investigation of the situation in Virginia and of the recent
+conduct of its affairs.
+
+Whatever one may think of Sir Edwin Sandys, or of the motives which
+inspired his opponents, there can be no question as to the correctness
+of the action taken by the government. The leaders of the two factions
+were called before the privy council on April 17, where they displayed
+so "much heat and bitterness" toward one another as to make it
+difficult to get on with the business. In the end, the council won
+agreement that a special commission should be established for an
+investigation of the state of the colony's affairs, the agreement
+coming finally when the council conceded the demand of Sandys'
+supporters that the investigation should begin with the administration
+of Sir Thomas Smith. Accordingly, on May 9, a commission was issued to
+Sir William Jones, justice of the Court of Common Pleas, and six other
+gentlemen "to examine the carriage of the whole business." Meantime, a
+letter had been prepared by the privy council to acquaint the colonists
+with the fact that their affairs had been taken into "His Majesty's
+pious and princely care" and to encourage them "to go on cheerfully in
+the work they have in hand." The central issues all pertained to
+Virginia, but in the circumstances there was no choice but to include
+both companies in the province of the Jones commission.
+
+The appointment of the Jones commission ended, for all practical
+purposes, the control of the Virginia Company over the colony. The
+company lingered on as an agency chiefly through which the Sandys
+faction prepared its briefs for the attention of the commissioners, or
+through which orders from the commissioners might be implemented. All
+of the company's records were impounded by the commission, which also
+took charge of all correspondence with the colony. The records of the
+company demonstrated all too clearly the bankrupt state of its
+finances. The hearings before the commissioners demonstrated with equal
+clarity the hopeless division of the adventurers by bitter factional
+strife. Correspondence from the colony brought evidence of a desperate
+situation. Even Sandys had to admit that no more than 2,500 colonists
+were still alive in the colony, which was to confess an attrition,
+mainly by death, of something over 40 percent of the colonists residing
+in Virginia, or sent to Virginia, since he had assumed responsibility
+for the management of its affairs. Actually, the situation was much
+worse than these figures suggested, for a census taken in Virginia
+early in 1625 showed a total population of only 1,275. In the fall of
+1623 the privy council invited the company to surrender its charter on
+the promise that a new one would be issued to cover all individual
+rights and grants, but with a revision of the plan of government that
+would place the control of the colony under the more immediate
+supervision of the king. In effect, the proposal was to return to
+something close to the original plan of 1606. When the adventurers, in
+a court from which Sandys' enemies largely absented themselves,
+rejected this proposal, the government began quo warranto proceedings
+against the company in the court of Kings Bench. On May 24, 1624, that
+court gave its decision for recall of the Virginia charters. And so
+ended the Virginia Company.
+
+The Bermuda Company had been dragged into the investigation chiefly
+because of the close ties joining it to the older company. There was no
+emergency in the colony, and its debts were not beyond the capacity of
+Sir Thomas Smith and other leading adventurers to pay. As a result, the
+Somers Island Company lasted on for another sixty years.
+
+One who looks back from 1624 over the brief and frequently troubled
+history of the Virginia Company may debate, as historians have often
+done in the past, just what should be said by way of conclusion.
+Perhaps it is this: here were men who out of their disappointment
+quarreled bitterly and by their quarrels helped to destroy an agency
+through which in the past they had worked together, with a remarkable
+devotion to the public interest, for the achievement of great
+objectives. No doubt, their greatest fault had been to set their goals
+too high. Certainly, their greatest virtue was persistence in the faith
+that great things could be done for England in America, a faith
+destined in time to be justified by the course of history.
+
+
+FOOTNOTES:
+
+[Footnote A: For purposes of comparison, it may be noted that Spanish
+tobacco was declared to have been sold for as much as 20s. a pound. The
+"filthy weed" was not yet "the poor man's luxury."]
+
+
+
+
+
+
+
+
+End of the Project Gutenberg EBook of The Virginia Company Of London,
+1606-1624, by Wesley Frank Craven
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