 |
 | Home | Contact Us | FAQ | Search & Site Map | Link to Us |
 | Sign In | Join | Other 45 Sites in Network |
History Forum / General / British History / October 2005Royal Charter to trade
I have read about Monarchs granting permission by "Royal Charter" for merchants and favoured people to trade. Sometimes this was international enterprise, and sometimes to deal with imports. I seem to remember that Eliz.I did it. (Raleigh?) I also read about it being one of the motives of revolt by Parliament against Charles I. I remember that Abraham Darby I and others had difficulties with the workings of these charters and progress was held up while the term of a charter was run out. Did this function start by a first Charter or does it go back so far in history that it's origin is lost? When did merchants gain full freedom to trade?  SignatureThur > I have read about Monarchs granting permission > by "Royal Charter" for merchants and favoured [quoted text clipped - 11 lines] > > When did merchants gain full freedom to trade? Charters were also issued to towns and cities, and defined the rights and privileges of the inhabitants. You can still apply for one today - advice at this web-site! APPLYING FOR A ROYAL CHARTER http://www.privy-council.org.uk/output/Page45.asp Internet sole traders need not apply. Has the regulation of trade by states ever really ended? Charter is another name for a monopoly. It was used by monarchs to raise money .. a sort of indirect tax. A fat fee to the monarch could get you an exclusive, or semi-exclusive right to engage some kind of commerce and, of course, set prices at an inflated level without competitive pressures. It was really an end run around Parliament. It was a way to tax without authorization from parliament. Elizabeth I certainly engaged in it, but she, to her credit, withdrew many charters when members of Parliament and others started to complain. I think the practice goes to time immemorial but did not become really abusive till the Stuarts. Rod >I have read about Monarchs granting permission > by "Royal Charter" for merchants and favoured [quoted text clipped - 11 lines] > > When did merchants gain full freedom to trade? |
Reply to this Message |
 Sign In
 Join
 My Latest Posts My Monitored Threads My Blog My Photo Gallery My Profile My Homepage Start New Thread Enable EMail Alerts Rate this Thread
|
©2009 Advenet LLC Privacy Policy - Terms of Use
This website includes both content owned or controlled by Advenet as well as content owned or controlled by third parties.