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Merchant Adventurers

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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 League Hanseatic League (hăn'sēăt`ĭk, hăn'zē–), mercantile league of medieval German towns.
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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).



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As were those of other merchant adventurers, past and present, the collections are eccentric and intensely personal, comprising anthropological curios as well as exotic zoological specimens.
One of my hobbies is the history of Elizabethan England where can be found the origins of industrial capitalism: the legitimization of usury, the enclosure of arable land, and the beginnings of imperialism by merchant adventurers in the New World.
That the Merchant Adventurers sponsored The Queen's Majesty's Pageant (1559) indicated not only the company's desire to win the new queen's favor, but represented the necessity of economic cooperation between the Crown and London's mercantile interests.
 
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