A monopolistic company formed to engage in trade with Southeast Asia and India.
East India Company
Fact of the Day
Among the many people who bought coats of arms at the beginning of the seventeenth century was the common hangman of London, Gregory Brandon.
Quote of the Day
"A desperate disease requires a dangerous remedy.
"
~ Guy Fawkes
On This Day
1586 American colonists arrived in Plymouth with large quantities of tobacco. Smoking caught on quickly, though it was also used in tea.
1694 The Bank of England was founded by an act of parliament as a way to finance government debt by private subscription.
1943 The concentrated Allied bombing of Hamburg led to a three hour firestorm that killed approx 30,000 civilians.