Stuart economy timeline
Category: Other
Updated: 17 May 2023
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Created byLily Betz
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Events
East India Company foundedLevant Company foundedMuscovy Company foundedBritain's agricultural output surpasses rest of W EuropeAvg number of days worked per agricultural family = 450Walter Blith book9 million arable acresLincolnshire fen drainedGreat Fen drainingSamuel HartlibWater meadowsAcceleration of enclosureMarket gardens50% of South Midlands land part of large farms1.15 mil quarters of grain needed for LondonTurnpike ActStage coaches appearJohn Ogilby's road atlasWater transport improvementHigh price of agricultural productsDomestic system in cloth trade well-established13k immigrants in Norwich cloth industry40% of Colchester work in cloth industryFrame knitting machineFrench Huguenot immigrationEdict of Nantes revokedSilk weaving industryLondon = largest city in W EuropeRoyal ExchangeInterest legal limit lowered to 8%Interest legal limited lowered to 6%Market rate for good loan = 8% interestMarket rate for good loan = 4-6% interestMoney-scrivenersCharles I seizes Royal Mint32 goldsmith bankers in London44 goldsmith bankers in LondonNormal for Dutch ships to be insured by English brokersMarine insurance prices drop by 75%Lloyd's coffeehouse openedLloyd's coffeehouse moves to bigger premisesFirst coffeehouse opened in LondonFirst London coffeehouseInsurance ads appear in City MercuryFire office opened in Royal ExchangeGreat Fire of LondonAct to rebuild London after fireFire Office openedFriendly Society createdDefeat of Spanish ArmadaJamestown colonyTobacco=cashcropTobacco max. import = 55,000 lbsTobacco max. import limit = 1.6mil lbs22 mil lbs of tobacco exported from coloniesCarolina coloniesMaryland colonyProvidence Island CompanyMassachusetts Bay ColonyRhode Island colonyNewfoundland colonySt Kitts colonyGrand Western DesignEngland capture JamaicaJamaica slave pop. = 7kJamaica slave pop. = 55k4000 British in JamaicaTreaty of MadridNavigation Act2nd Navigation ActStaple ActPlantation Duty ActDutch East India Company foundedEnglish capture New AmsterdamCharles I makes exclusive claim to seas around BritainTreaty of WestminsterFirst EIC expeditionFirst EIC trading post in East IndiesDutch execute EIC officials in East IndiesFirst EIC shipment of saltpetrePepper sold in bulkMadras trading postPeace w/ PortugalBasra trading postEIC charter revokedCharles II grants EIC new charterIsle of Bombay£50k EIC loan to Crown10k EIC loan to CrownFirst tea shipmentRupee mintedEnglish subjects in India under authority of companyEIC private armyEIC profits equalled/exceeded tobacco and sugar tradeEIC annual profits = £600kNo slaves in English North American coloniesSlavery written into law in North American colonies120,000 slaves in coloniesRoyal Adventurers of England Trading in AfricaLabour shortage in coloniesRoyal African CompanySlave trade and City of LondonRAC's monopoly brokenBritish control 1/2 of slave tradeRAC strength in LondonFirst guinea coinPeriods
Anglo-Dutch rivalry - early stageAnglo-Dutch rivalry - second stageAnglo-Dutch rivalry - third stage
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