Richard Craddock's Career with the East India Company - Man Family

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10 at Ahmadabad under Craddock was to be closed. Although these orders were not carried out immediately, it was clearly understood that, unless the situation at home improved, the Company's operations in the East could only continue, if at all, on a very reduced scale. The United Joint Stock, which represented the Company at this time, had run out of its allotted span of five years, and was merely carrying on the trade until a new Stock could be raised. In view of the dislocation of commerce caused first by the English Civil War and then by the war with Holland, a new subscription was not likely to succeed unless an exclusive charter could be obtained from the Protector (Cromwell); and this he hesitated to grant, partly because an influential section of the London merchants interested in the Eastern trade was pressing for the abandonment of the joint-stock system in favour of a ‘regulated' trade, while others were arguing for some form of State control.
11 Ahmadabad and its river Sabarmati. Meanwhile, many of these London merchants were openly disregarding the monopoly granted by the existing charter and were sending ships freely to the East. Chief among these interlopers was Thomas Pitt grandfather of the Prime Minister William. All that in fact held the East India Company together was the necessity, before dissolution, of realizing such assets as remained and the faint hope that the Protector would after all be induced to continue the trade on its old basis. As a result frantic letters were sent from London urging economies and threatening closures. In one letter the Company wrote to Surat: … we must still press upon you that all superfluous and unnecessary expences whatsoever be absolutely avoided, and that you seriously lay to heart our great sufferings in the many sad losses which, both in your parts and elsewhere, we have undergone. In another sent out from London the Company wrote: We do further order that you also, upon receipt hereof, make sale of your horses, plate, and all other things, reserving no more by you than what are absolutely necessary for a very private, civil, and
Page 1 and 2: 1 Richard Craddock’s Career with
Page 3 and 4: 3 In the middle of the seventeenth
Page 5 and 6: 5 them as far as possible. Shuja, h
Page 7 and 8: 7 local town, in similar fashion to
Page 9: 9 Coming to details, the regular fa
Page 13 and 14: 13 resolved not to admit of their r
Page 15 and 16: 15 And the Dutch were not helping e
Page 17 and 18: 17 representative in Ahmadabad, Rah
Page 19 and 20: 19 Anthony Smith was shortly to qui
Page 21 and 22: 21 Rupees upwards on account his sa
Page 23 and 24: 23 In spite of this, the business o
Page 25 and 26: 25 The new charter under Cromwell n
Page 27 and 28: 27 We have been often with him, and
Page 29 and 30: 29 remaining, though it has proved
Page 31 and 32: 31 now, after three years being sol
Page 33 and 34: 33 as Agent with George Cranmer as
Page 35 and 36: 35 A European trader greeting a Per
Page 37 and 38: 37 Company's employment and then se
Page 39 and 40: 39 His task was to make the agreeme
Page 41 and 42: 41 tumans from the Shahbanda as the
Page 43 and 44: 43 receive the Company's share of t
Page 45 and 46: 45 The accounts of Mr. Richard Crad
Page 47 and 48: 47 A further reminder of Craddock
Page 49 and 50: 49 connects with the Lambtons here
Page 51 and 52: 51 September 1662) with the third e
Page 53 and 54: 53 procedures of government and law
Page 55 and 56: 55 was erected over their remains,
Page 57 and 58: 57 their second and only surviving
Page 59: goods seized by the East India Comp

Richard Craddock's Career with the East India Company - Man Family

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