An Introduction to the Study of Colonial History, for Use in Secondary Schools (Classic Reprint) - Softcover

Emma Sarepta Yule

 
9781330099445: An Introduction to the Study of Colonial History, for Use in Secondary Schools (Classic Reprint)

Synopsis

Excerpt from An Introduction to the Study of Colonial History, for Use in Secondary Schools

The older companies (1) were primarily commercial; (2) were given monopoly of commerce; (3) enjoyed only incidentally their political prerogatives; (4) were almost free from control of home government.

The modern companies (1) are essentially political in purpose; (2) have no monopoly in commerce; (3) have as their principal object industrial development of the re sources of their concessions; (4) are subject to stricter con trol by the home government than were the older companies.

While almost unlimited powers are given the companies to-day, the danger of the evils practiced by the old-time companies is lessened by the supervision of a resident representative of the government.

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