The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1873-05-30
SANTANA Bay Company.

A friend has sent us copy OF the pro
ceedings Of the Convention lately held be-
tween the high dgnitaries of st. Domingo
and the Commissioners of the SANTANA Bay
Company, of New York, by which treaty
has been ratified, with all the formalities
of sovereign contracting parties, and by
the provisions of which all sorts ofprivilcges
and grants arc bestowed by the st. Domin-
goans upon the SANTANA Bay folks, for a
"money consideration"
As in all probability the astute and far
seeing Gothamites, who constitute the Sam
ana Bay Company, are revelling in the an
ticipation of realizing, in measure, the
grand results of the Honorable, the East
India Company, of London, which is about
to wind up its affairs, we publish, for the
entertainment of our readers, the following
interesting account of the past history of
the Great Company" and from which
they can imagine what the expectations of
the Samanites must be:
THE EAST INDIA COMPANY.
In looking through q file of English
newspapers, of recent date, we find that a
bill has been introduced in the Parliament
of Great Britain for the dissolution of the
East India Company )" the said bill pro-
viding that its affairs shall be wound up
"by June, 1874" This is the famous COM
mercial company founded two and three
quarter centuries ago, and which has not
only great commercial, but an important
colonial and political history. The first COM
mercial intercourse Of Great Britain with
the East Indies was private adventure of
three ships, fitted out in 1891 but only
one of said ships reached the Indies, the
two others being lost through mutiny and
shipwreck. The successful argosy (com-
manded by Captain Lancaster) returned to
England after three years absence, richly
laden with the fruits of her voyage to the
semi-tropical regions of the far East
Captain Lancaster's information led to the
establishment of "The East India Com
pany," which was chartered in December,
1000, with capital stock of e72,000
This company built four ships, and meet
ing with extraordinary success, increased
the number to respectable fleet, and
through monopoly of the East India trade
| HullG III It's SlUChuOltlClS llllulCHSCl1 NCdl'
thy. The original price of a share was one
hundred pounds sterling, but as early a:
1858 these shares were sold for five times
that amount. Another evidence of the i'm
mense wealth of this great corporation i!
the fact that in 1850 its gross revenue wa'
e135,000, 900, or nearly $675 100000 in ou1
currency.
The almost fabulous prosperity of thi
commercial Observation-Disclosures member
founded some of the wealthiest families il
England-lcd to an opposition company
which was chartered in 1903. Both asso
Citations throve and prospered, side by sid
in the great harvest of Oriental commerce
but in order to still further monopolize TIL
; business, these companies were united il
1902. TIE fields of the consolidated "Eas
India Company's" trade at that time wer
two small ports in Hindostant Zone ofwhicI
is now Calcutta), q trading post in Sian
!. and also light business with Sumatra
y But eventually this great corporation ex
tended its commerce throughout the great
or part of the peninsula of Hindostan, fror
the Indies to the frontiers of Burmah; ais
to the islands of Ceylon, Malacca, Sumatr
and Borneo. 1t has been rumored, an
generally believed, that this great monor
oily at one time kept up On illicit trade wit
ancient Cathay, and that much merchar
disc was purchased from piratical Chimes