Includes its Report, 1896-19 .

The English East India Company was one of the most powerful and enduring organizations in history. Between Monopoly and Free Trade locates the source of that success in the innovative policy by which the Company's Court of Directors granted employees the right to pursue their own commercial interests while in the firm’s employ. Exploring trade network dynamics, decision-making processes, and ports and organizational context, Emily Erikson demonstrates why the English East India Company was a dominant force in the expansion of trade between Europe and Asia, and she sheds light on the related problems of why England experienced rapid economic development and how the relationship between Europe and Asia shifted in the eighteenth and nineteenth centuries. Though the Company held a monopoly on English overseas trade to Asia, the Court of Directors extended the right to trade in Asia to their employees, creating an unusual situation in which employees worked both for themselves and for the Company as overseas merchants. Building on the organizational infrastructure of the Company and the sophisticated commercial institutions of the markets of the East, employees constructed a cohesive internal network of peer communications that directed English trading ships during their voyages. This network integrated Company operations, encouraged innovation, and increased the Company’s flexibility, adaptability, and responsiveness to local circumstance. Between Monopoly and Free Trade highlights the dynamic potential of social networks in the early modern era.

This critically-commented source edition contains the commercial directions, merchant diary and naval log of four East India Company ships, which sailed from London to Canton, China in 1723, as well as the travelogue of another contemporary trader who sailed from Ostend. It highlights the roles of cooperation and competition in shaping the relations between these and other European companies as well as the everyday lives of European merchants and mariners. The edition thus sheds new light on the history of the East Indies trade during the eighteenth century and its role in encouraging early modern globalization.

The British Overseas Territories are the last remnants of the British Empire scattered around the globe. This book traces their little-known history from their discovery by European explorers to today’s controversies, wars and scandals, which are all rooted in the past. Argentina’s claim to the Falkland Islands, South Georgia and the British Antarctic Territory is tested against early documentation. The multinational development of Gibraltar provides the backdrop to Spain’s current position regarding the Rock. Ignoring the interests of Diego Garcia residents when a US naval base was constructed is traced to longstanding neglect of the island. The past development of the Cayman Islands and the Virgin Islands is compared to explain their different paths towards today’s success. The comparison between Bermuda’s current prosperity and St. Helena’s difficulties is traced to their different administrative evolution since the 17th century. Anguilla’s resistance to pirate attacks helped develop its resilience in opposing later political union with St. Kitts. The roots of Montserrat’s political problems are traced to complacent 18th century planters, while the seeds of recent scandals in Pitcairn Island and the Turks and Caicos were sown in the 19th century. The book reviews the internal and external conflicts which exacerbated the social, legal, economic and political problems suffered by these territories. Neglect by corrupt administrators created a two-speed British Empire in which the interests of the smaller colonies were largely ignored. The consequences for these territories of European dynastic wars, the slave trade and emancipation, the French Revolution, and the American War of Independence are all analysed. No other published history has tackled the subject in such broad terms. The study breaks new ground in academic research and provides original insights into identifying solutions to current problems.