Merchant Adventurers

Merchant Adventurers,

name given originally to all merchants in England who engaged in export trade, but later applied to loosely organized groups of merchants in the major ports concerned with exporting cloth to the Netherlands. They were incorporated as a trading company in 1407. Originally the company's activities centered in Bruges, but in 1446 it obtained trading privileges from the duke of Burgundy and established its staple (i.e., trading center) at Antwerp. Despite strong competition from the Hanseatic LeagueHanseatic League
, mercantile league of medieval German towns. It was amorphous in character; its origin cannot be dated exactly. Originally a Hansa was a company of merchants trading with foreign lands.
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, whose dominance in the Baltic caused the exclusion of the Merchant Adventurers from that area, the company flourished, established depots in several cities, and in 1560 was given the monopoly on exporting cloth to W Germany and the Netherlands. It continued to prosper throughout the 16th and 17th cent., although political rivalries forced it to move its staple to Hamburg (1567) and Dordrecht (1655). The company was dissolved in 1808.

Bibliography

See E. M. Carus-Wilson, Medieval Merchant Venturers (2d ed. 1967).

Merchant Adventurers

 

one of the oldest English trading companies; exporters of cloth. It was established as an independent company in 1406 by a charter from Henry IV. In 1407 the Merchant Adventurers founded its first factory, in Antwerp; this city became the company’s main storage base. The center for its activity was London, and London merchants dominated the company. Structured on the share principle, it represented an embryonic form of joint-stock company. A major competitor of the Hanseatic League, it acquired increasing importance in European trade as the latter declined. In the early 17th century the company made Hamburg its main base. In the second half of the 17th century it lost its monopoly of the cloth trade. It ceased to exist in 1808.

References in periodicals archive ?
The names Rowntree and Terry feature prominently in the roll of the Governors of the Guild of Merchant Adventurers, and the principle that ran like a thread through society for centuries was that those who fortune blessed should help those who she overlooked.
Rowland Burdon, a member of the Company of Merchant Adventurers of Newcastle, bought the land at Castle Eden in 1757.
Building on the foundations laid by the merchant adventurers and the generals who annexed so much of the globe for the Crown, the English language and its culture began to exercise an even stronger grip on the world.
The land around the hall was acquired by the Ellisons, a family of merchant adventurers from Newcastle.
They were the investors, directors, stakeholders and principal merchant adventurers in all of the Company's first voyages of discovery and enterprise that came to be known as the Spice Wars.
who best catches its spirit, offering a vivid picture of merchant adventurers escaping from the oppressive dues of empire, linking up with the Lombards along the thoroughfare of the Po.
But there are some hidden gems that you'll only find by taking a wrong turn - such as the wonderfully-named Merchant Adventurers Hall.
I welcome this opportunity to respond to Douglas Hunter s review of A Fleeting Empire: Early Stuart Britain and the Merchant Adventurers to Canada and begin by noting a point of agreement.
This trip of a lifetime is to celebrate Crabbie's Alcoholic Ginger Beer's heritage, when the Scots merchant adventurers pioneered trade with the Far East and where it still sources its ginger.
In 1628, they formed the Company of Merchant Adventurers in Canada and began to outfit an expeditionary force.