ei ctalk
TRANSCRIPT
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Yateley &John Company a talk by
Peter Tipton
The Yateiq Societ
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Yateley &John Company
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Yateley &John Company New research into Yateley people
working for The East India Company
1600-1858
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z, Research by:
r
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Two views of Yateley's past
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Two views of Yateley's past
A rural backwater of small farms
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Two views of Yateley's past
A rural backwater of small farms
Several large mansions supported by a local community
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The Governor & Company of Merchants of London
trading into the East Indies
founded
1600
T INDIA COMPANY
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1601-1613 Separate stock voyages (12) 1613
1st Joint Stock voyage 1617
2nd Joint Stock voyage 1628
1st Persia voyage 1629
2nd Persia voyage 1630
3rd Persia voyage 1632
3rd Joint Stock 1641
1st General Voyage 1642
4th Joint Stock 1648
2nd General Stock voyage 1650
United General voyage 1657-1709 New General Stock 1698-1709 New (English) Company 1702-1709 Court of Manaprement n 1709
United Company
DEVELOPMENT OF CAPITAL
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Five distinct periods:
1600-1657
1657-1709
1709-1757
1757-1793
1793-1858
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1st PERIOD: 1600-1657
1st joint stock 1613-1616 £418,000
2nd joint stock 1617-1622 £1,600,000
3rd joint stock 1631 £420,000
4th joint stock 1642 £600,000
14 Jan iga i - declare for liquidation I 4 'V i i-* pw 1 i
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12 employees in home of Sir Thomas Smythe
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. -
12 employees in home of Sir Thomas Smythe Court of Directors held at Cosby House
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-.T. 12 employees in home of Sir Thomas Smythe Court of Directors held at Cosby House Operated 30-40 (armed) 'tall ships'
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-.T. 12 employees in home of Sir Thomas Smythe Court of Directors held at Cosby House Operated 30-40 (armed) 'tall ships' Many built in company dockyards
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WEIll 12 employees in home of Sir Thomas Smythe Court of Directors held at Cosby House Operated 30-40 (armed) 'tall ships' Many built in company dockyards More than 200 craftsmen at Blackwall
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-.T. 12 employees in home of Sir Thomas Smythe Court of Directors held at Cosby House Operated 30-40 (armed) 'tall ships' Many built in company dockyards More than 200 craftsmen at Blackwall EIC largest employer in London
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-.T. 12 employees in home of Sir Thomas Smythe Court of Directors held at Cosby House Operated 30-40 (armed) 'tall ships' Many built in company dockyards More than 200 craftsmen at Blackwall EIC largest employer in London Network of financiers and agents
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WEIll 12 employees in home of Sir Thomas Smythe Court of Directors held at Cosby House Operated 30-40 (armed) 'tall ships' Many built in company dockyards More than 200 craftsmen at Blackwall EIC largest employer in London Network of financiers and agents Presidences in Bantam & Surat
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-.T. 12 employees in home of Sir Thomas Smythe
Court of Directors held at Cosby House Operated 30-40 (armed) 'tall ships' Many built in company dockyards More than 200 craftsmen at Blackwall EIC largest employer in London Network of financiers and agents Presidences in Bantam & Surat 200factors ofi e- eratin from 12 factories .., A. g-, V V
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P11111 P1111 11,71111 IT ICI 1741 el C 11n7 i.g4.,,,L,
Buy Pulo Run Sell London
Nutmeg lhp £1.60
Mace 5p £16.00
Profit: 32,000%
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Puin Run, in the Spice Islands ....././._. ..../..,
Company first trades spices in 1603
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7-34.1.-1 Run, in the Spice Islands ..1.14,GLI .1.1.141G1 tit 14M K..7FUL. .A.JMI/ItIkJ
Company first trades spices in 1603
Islanders pledge loyalty to Crown in 1616
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Pub Run, in the Spice Islands Company first trades spices in 1603
Islanders pledge loyalty to Crown in 1616
Dutch overrun Run, 1621
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Pub Run, in the Spice Islands Company first trades spices in 1603
Islanders pledge loyalty to Crown in 1616
Dutch overrun Run, 1621
The Amboina Massacre by Dutch, 1622
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Pub Run, in the Spice Islands Company first trades spices in 1603
Islanders pledge loyalty to Crown in 1616
Dutch overrun Run, 1621
The Amboina Massacre by Dutch, 1622
Pulo Run reclaimed but swapped for New York by Charles II
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Sailings:
1611-1620 162 Os 1630s 1640s 1650s
55 42 35
—20 —20
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For sale by Public auction Posted 14 January 1657 at the Exchange
'to any natives of this Commonwealth to or for their own proper use' the Company's 'island [Pula Run], customs [Gombroon], houses and other rights in the Indies'
Price: £14,000
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Cromwell's Charter Charter approved 19 October 1657
New General Stock Subscription £ 786,000
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Differences from Elizabeth's Charter 1. Permanent Stock
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ilZEF i
Differences from Elizabeth's Charter 1. Permanent Stock 2. Governor, Deputy Governor and
Directors must stand down every two years & hold £2,000 stock
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Differences from Elizabeth's Charter 1. Permanent Stock 2. Governor, Deputy Governor and
Directors must stand down every two years & hold £2,000 stock
3. Authorised to fortify & colonise its establishments, and to transport to them settlers, stores and ammunition
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Bombay acquired from Portugal
1661 Bombay gifted to Charles II
1662 600 troops in 5 ships arrive
1665 Landing rights negotiated
1668 Leased to EIC
1698 Sacked in 'Moghul Wars'
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A General Court April 16, 1663
[The Governor] then gives the names of those chosen to be Committees, which are as follows: George, Lord Berkley Sir Andrew Riccard Sir William Thompson Sir Samuel Barnardiston Sir William Rider Sir Stephen White Richard Reeves John Jollife Arthur Ingram John Bathurst Maurice Thompson Robert Lant Peter Vandeput Christoher Boone Francis Clarke Thomas Canham Christoher Willoughby John Mascall Thomas Tyte Richard Spencer Michael Davidson John Page Thomas Papillon Thomas Pearle
Court Book, vol XXIV p605
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YATELEY MANOR
Sir Richard Ryves (d.1671)
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YATELEY MANOR
Sir Richard Ryves (d.1671) Knighted 12 Oct 1663 Sheriff of London 1663-64 Committee of EIC 1663-64 Bought Yateley estate in 1667 Buried in St Peter's 23 Aug 1671 Nephew of Dr Bruno Ryves
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YATELEY MANOR
Sir Richard Ryves (d.1671)
Transfers of Stock 18Jan 1671 George Blake to Sir Richard Ryves 500I,
27 Oct 1675 Lady Joice Reeves to George Baron 1000I,
27 Oct 1675 Lady Reeves to Sir James Edwards 500I,
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2nd PERIOD: 1658-1709 • War with Moghuls • Rise of Hindu princes • Interlopers • Pirates • Competition from 'New Company'
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3rd PERIOD: 1 710-1 75 7
The 18th century equivalent of a gilt edge security for trustees, charities & foreign investors
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3rd PERIOD: 1 710-1 75 7
The 18th century equivalent of a gilt edge security for trustees, charities & foreign investors
Average dividend: 8% per year
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The Imperial Farman of 1717
Right to trade in Bengal customs free
Bengal grows to 60% of EIC imports
Advantage over other Europeans
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The Imperial Farman of 1717
Right to trade in Bengal customs free
Bengal grows to 60% of EIC imports
Advantage over other Europeans
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The Imperial Farman of 1717
Right to trade in Bengal customs free
Bengal grows to 60% of EIC imports
Advantage over other Europeans
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Company Civil Servants 1706 1744 years' annual
service salary
Writer 5 £5 Factor 3 £15 Junior merchant 3 k30 Senior merchant £40
British judge £220
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Company Civil Servants 1706
1744 years' annual
service salary
‘ATT.;+‘.,. Factor 3
£15
Junior merchant 3
£30 Senior merchant
£40
British judge £220
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The Imperial Farman of 1717
Right to trade in Bengal customs free
Bengal grows to 60% of EIC imports
Advantage over other Europeans
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Conflict with the French
Compagnie des Indes
French capture Madras, 1746
French support Moghul forces
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Battle of Plassey (23 June 1757)
Followed 'Black Hole of Calcutta'
EIC troops commanded by Robert Clive EIC: 3,000 men Nawab: 50,000 men Won mainly by subterfuge
New Nawab depended on British support
Start of EIC territorial expansion
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4th PERIOD: 1757-1793
Territorial Expansion in India Civil Service Three separate armies
Governor-General (1773-1858) Board of Control (1784-1858)
VNITInTIC;CIT1 of C.11;111n rr-ra al ri
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Civil Service Battle of Buxar, 1764
Clive arrives in Bengal for 3rd time Emperor creates EIC Diwani of Bengal EIC collects all revenues in Bengal
EIC stock doubles; dividend 12.5% British government paid £400,000/year
Term 'civil service' coined
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Three Private Armies
Bengal, Madras and Bombay armies
Sepoys commanded by British Officers
EIC armies & navy supported by crown regiments and Royal Navy
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1 -.1_ -.I_ - 1- 1 in
CIS_ - _ - - - _I - -- -- _LI ist step in atute intervention
Third of Bengal die in famine, 1770
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1 -.1_ -.I_ - 1- 1 in
CIS_ - _ - - - _I - -- -- _LI ist step in atute intervention
Third of Bengal die in famine, 1770
EIC nearly bankrupt, 1772
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1 -.1_ -.I_ - 1- 1 in
CIS_ - _ - - - _I - -- -- _LI ist step in atute intervention
Third of Bengal die in famine, 1770
EIC nearly bankrupt, 1772 Seeks £1 million government loan
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1 -.1_ -.I_ - 1- 1 in
CIS_ - _ - - - _I - -- -- _LI ist step in atute intervention
Third of Bengal die in famine, 1770
EIC nearly bankrupt, 1772 Seeks £1 million government loan
EIC stock plunges
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1 -.1_ -.I_ - 1- 1 in
CIS_ - _ - - - _I - -- -- _LI ist step in atute intervention
Third of Bengal die in famine, 1770
EIC nearly bankrupt, 1772 Seeks £1 million government loan
EIC stock plunges
Lord North's Regulating Act of 1773
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1 -.1_ -.I_ - 1- 1 in
CIS_ - _ - - - _I - -- -- _LI ist step in atute intervention
Third of Bengal die in famine, 1770
EIC nearly bankrupt, 1772 Seeks £1 million government loan
EIC stock plunges
Lord North's Regulating Act of 1773
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1 -.1_ -.I_ - 1- 1 in
CIS_ - _ - - - _I - -- -- _LI ist step in atute intervention
Third of Bengal die in famine, 1770
EIC nearly bankrupt, 1772 Seeks £1 million government loan
EIC stock plunges
Lord North's Regulating Act of 1773
Warren Hastings appointed 1st Governor-General
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1 - _1_ step
- 1- 1 - 0_1_ - _1_ - - - __ - -- - - __ ist step in a tate intervention
Third of Bengal die in famine, 1770
EIC nearly bankrupt, 1772 Seeks £1 million government loan EIC stock plunges
Lord North's Regulating Act of 1773
Warren Hastings appointed 1st Governor-General Supreme Court of Justice set up in Calcutta
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Board of Control Pitt's India Act, 1784
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Board of r Control Pitt's India Act, 1784
6 government commissioners in London: 'superintend, direct and control' the Company's possessions abroad
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Board of Control Pitt's India Act, 1784
6 government commissioners in London: 'superintend, direct and control' the Company's possessions abroad
Converts company into quasi-state department
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YATELEY COURT
George Legge, 3rd Earl of Dartmouth
President of the Board of Control 1801
Inherited Yateley Court from Blunden family
Lord Chamberlain 1804
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YATELEY HALL
John Halhed (ca.1757-1829) Son of William Halhed Brother of Nathaniel Halhed Haileybury College Writer in EIC service 1779 Married Anna Maria Caswall 1787 Bought 'Yateley Hall' 1793
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V
4th
'Nql.r. 'W.Th IM/Ar End of 4th PERIOD: 1 illi
Renewal of Charter
The Permanent Settlement Raises £3 million annually
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5th PERIOD: 1793-1858
Charter Act 1813 -- ended EIC trading monopoly
Charter of 1833 -- removed EIC China trade
Government of India Act 1858 n L n A
n Qt rn*A( T transferred to Crown
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China Trade _ unina intue
1813 EIC ceases trading - except China
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China Trade
1813 EIC ceases trading - except China
Tea trade reserved for Company
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China Trade
1813 EIC ceases trading - except China
Tea trade reserved for Company
How was the tea trade financed?
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,Th,.__.,.._.____._.
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Progression to Militarism . - . ..„. . V'VrWMW W! iV.M.WWWWWM WarW 6
1763 1805
Bengal
6,580 64,000
Madras 9,000 64,000
Bombay 2,550 26,000
India 1 Q 154,500 A Lj,nljtj‘jnn
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Co a 75 9
30 a
5
Sal /10.oha
Itratetto. B A Y °
3 F.. N
141'".atV
rawarnalee, INDIA NIceloalNo, Att, the close of foe 5onnteranecl, uaexuas
Weescao 1795
N 0 C E A
Drihth.Darrwar... Maltnate. SWUR
Wu, lima., Sutter MOM 5 Franck.
iFv. BO& V. 0 1143. 9611 411111.
5 Lohgitoode 37oort 'BO Aron folt000tiole SQ 55
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YATELEY HALL
John Hathed's sons Nathaniel John (1788-1838) EIC Judge John Robert (b.1790) EIC Marine Service Charles (1796-1823) EIC Civil Service Francis (b.1804) EIC Marine Service Henry (b.1805) Captain EIC Bengal Army George (1806-1830) EIC 2nd Native Infantry
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YATELEY HALL
John Haliked's daughters Ellen, unmarried, lived in Yateley
Elizabeth married Capt Sneyd, EIC Bengal Army
Francis Alicia married Lieut James Charter EIC Army
Henrietta Married MacCartney Moore EIC Civil Service
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GLEBE HOUSE
Rev Richard Lewin Born 1791 at Eltham, Kent Bengal Writer 1807 Assistant in Export Warehouse 1811 Assistant to a Commercial Resident 1812 Acting Commercial Resident Harriaul 1814
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THE MASON BROTHERS
Owners of three Yateley Mansions
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HILFIELD Capt Henry Browne Mason
Born in Bengal 1791 Brought up in Georgian Bath Entered Royal Navy aged 12 Served at Battle of Trafalgar Prisoner of War in France Built Hilfield House Son fought in siege of Delhi
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YATELEY MANOR
Capt George Mason (1805-1887) Born Bengal 1805 Served in Portugal 1823 Captain, Kings Own Regiment of Foot Resigned commission, 1838 Purchased Yateley Manor, 1840
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ROBINS GROVE
John Finch Mason Born in Madras, India
Inherited Aldenham Lodge
Worked for bankers, Raikes & Co
Invested in Robins Grove
Sold Robins Grove to brother Henry
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YATELEY HALL
Lt Col John Grimes Serving in Madras in 1826 Married in Madras in 1833
Renting Yateley Hall in 1861 with household of 20 people
Died Shanklin IOW in 1878
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Il GAYTON HOUSE
Dr Thomas James Biddle (d.1879)
Assistant Surgeon in 8th Kings Regiment at siege of Dehli, 1857 Served at recapture of Lucknow James B W Biddle born Simla 1858
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In loving memory of Lieut Edmund Ward Thompson
Prince of Wales' Own Grenadiers Bombay Staff Corps
and of Lilian Clara his wife who were married in this Church on 24th September 1892
and were lost in the wreck of the S.S. Roumania off the coast of Portugal
on the passage out to India on the 28th October 1892 IN . DEATH . THEY . WERE . NOT . DIVIDED
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HOLLY HILL
John Mills (1821-1913) Assistant Surgeon 1848 Service in Persia 1856-7 Medal at Battle of Khushab Surgeon 1864 & Surgeon Major 1868 Retired to Yateley 1876 Founded St Barnabas, Darby Green Kept diary
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YATELEY LODGE
Gen. Christopher Palmer Rigby Born Yateley Lodge 18 Jan 1820
Attended Addiscombe House 1834/5 Ensign 5th Reg Native Infantry Poona fluent in 8 oriental & African languages
EIC Agent/British Consul, Zanzibar 1858 Assisted celebrated explorers of Africa Emancipated 8,000 slaves
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YATELEY COURT
Sir Frederick Currie, 1799-1875
Last Chairman of East India Company Widow retired to Yateley Court Lady Currie born in 'East Indies'
Related to Lord Currie of Hawley Cousin of Raikes Currie of Minley
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2nd August 1858 „ India Bill vests EIC assets in Queen Victoria
1873
EIC shareholders receive government stocks 2 for 1
1874
Final company charter expires
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a 1 Py sansions & Large Houses
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Yateley's Mansions & Large Houses
Yateley Hall V
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Ltilysit4ansions & Large Houses
Yateley Hall Yatele M
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A
..HILFIE..175” ...FEM. THE FIRE.
11141 Yateley Hall 1111 V a eeys ansions Yateley Manor V & Large Houses Hilfield
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11141 1 Yateley Hall 1111 V a eeys ansions Yateley Manor V & Large Houses Hilfield V
Yateley Lodge i/
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11111114 a e ey s ansions & Large Houses .....„
pRocmusE PARS, YATELEV.
Yateley Hall V Yateley Manor V Hilfield ✓ Yateley Lodge V Fro
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eilk iansions
& Large Houses
Yateley Hall V Yateley Manor V Hilfield ✓ Yateley Lodge V Frogmore x Robins Grove V
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alilegtA e nsions & Large Houses
Yateley Hall V Yateley Manor V Hilfield ✓ Yateley Lodge V Frogmore x Robins Grove V Barclay House X
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I I
- llysit4ansions I L & Large Houses
irk
Yateley Hall V Yateley Manor V Hilfield ✓ Yateley Lodge V Frogmore x Robins Grove V Barclay House X Glebe House V
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11111114 a e ey s ansions & Large Houses
1
--'-''------------
Yateley Hall V Yateley Manor V Hilfield V Yateley Lodge V Frogmore x Robins Grove V Barclay House X Glebe Hous
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11111114 a e ey s ansions & Large Houses
Yateley Hall V Yateley Manor V Hilfield ✓ Yateley Lodge V Frogmore x Robins Grove V Barclay House X Glebe House V GaytonJIouse V Yateley Court V
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11111114 a e ey s ansions & Large Houses
Yateley Hall V Yateley Manor V Hilfield ✓ Yateley Lodge V Frogmore x Robins Grove V Barclay House X Glebe House V Gaytonialouse V Yatele? Court V Holly Hill V
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Membership
Adult Annual Pensioners & Students Joint Adult Annual Joint Pensioner Corporate Annual Adult Life
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