Note 199 — Chapter V
Reading edition
The African Company arose out of the slave dealing along the coasts of Africa, but was at first occupied in a legitimate trade in gold and ivory from Guinea (Macph. ii. pp. 72, 115, S.A. 1531-1553), Captain John Hawkins being the first Englishman to trade in negroes, 1562. In 1571 a treaty was made between the Portuguese (who claimed the coast of Guinea as their own), which allowed equal rights of trade to the English (Macph. ii. 153). The French would seem to have had a considerable trade with Senegal at a much earlier period (Macph. ii. 390). In 1637 the Dutch secured a direct commerce in negroes by taking from the Portuguese the castle of St. George del Mina, on the coast of Guinea; and, in 1642, by a special treaty, the Portuguese were permitted to hire English ships wherein to carry their negroes (Macph. ii. 420). At the peace, the result of Lord Rodney’s action, England restored to France, in 1783, what she had taken from her along the coast of Africa. The Royal African Company was first incorporated in 1631. It was constantly in trouble, chiefly with the Dutch, and was repeatedly renewed with fresh privileges. As late as 1800 it received from government an annual grant of 20,000l. (Macph. iv. 501).