Note 1 — TRADE WITH ENGLISH NOT DESIRED
Reading edition
The East India Company of England (formed in 1600) encountered great opposition and hindrances in its early history; they had to compete with the long-established Portuguese and Dutch trade, and could obtain little aid from the English government. In 1619 they formed an alliance with the Dutch company of the same name, but this soon proved ineffective. They had obtained control of Surat in 1612, but were thus involved in continual quarrels with the Portuguese. This company did not secure recognition from the English parliament until 1657; this brought them much prosperity for a time, but they afterward lost much of what they had gained, and in 1680 were expelled by the Dutch from Bantam. See Raynal’s account of early English trade in the East Indies, in his History of European Settlements and Trade (Justamond’s translation), ii, pp. 1–40.