The Company of Royal Adventurers Trading Into Africa

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They bitterly complained of the enumerated article clause of the Navigation Act of 1660, which provided that all sugars, indigo and cotton-wool should be carried only to England. Already the planters were very greatly in debt to the merchants and they saw in this new law the begin- ning of the restrictions by which the merchants intended to throttle their trade. Indeed it seemed to the planters as if they were completely at the mercy of the merchants, who paid what they pleased for sugar, and c...harged excessive 30. S. P. , Col. , 1661-1668, p. 14, petitions of merchants and planters, March 1, 1661.
74 THE COMPANY OF ROYAL ADVENTURERS prices for Negroes, cattle and supplies. 4 Among those who were regarded as oppressors were the factors of the Eoyal Company, which controlled the Negro supply upon which the prosperity of the plantations depended.
Sir Thomas Modyford, speaker of the assembly, also became the agent for the Eoyal Adventurers in Barbadoes. Modyford was very enthusiastic about the company's pros- pects for a profitable trade in Negroes with the Spanish colonies.


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