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Updated: May 26, 2025


A modern remnant of the old Bristolian merchant-adventurers, it was established for slaving purposes during the last century by Mr. Henry King, maintained by his sons, Richard who hated men-of-war, and William who preferred science, and it is kept up by his grandsons for legitimate trade. Skippers and crews are well paid for the voyage, which lasts from a year to fifteen months.

Middelburg had the exclusive right of deposit for the cloths imported from England. This monopoly for Zealand being naturally not very palatable to Amsterdam and other cities of Holland, the States-General had at last authorized the merchant-adventurers engaged in this traffic to deposit their goods in any city of the United Provinces.

The first Englishman, and the second of any nation, he then ploughed his memorable "furrow round the earth," carrying amazement and, destruction to the Spaniards as he sailed, and after three years brought to the Queen treasure enough, as it was asserted, to maintain a war with the Spanish King for seven years, and to pay himself and companions, and the merchant-adventurers who had participated in his enterprise, forty-seven pounds sterling for every pound invested in the voyage.

The captains, statesmen, corsairs, merchant-adventurers, poets, dramatists, the great Queen herself, the Cecils, Raleigh, Walsingham, Drake, Hawkins, Gilbert, Howard, Willoughby, the Norrises, Essex, Leicester, Sidney, Spenser, Shakspeare and the lesser but brilliant lights which surrounded him; such were the men who lifted England upon an elevation to which she was not yet entitled by her material grandeur.

The captains, statesmen, corsairs, merchant-adventurers, poets, dramatists, the great Queen herself, the Cecils, Raleigh, Walsingham, Drake, Hawkins, Gilbert, Howard, Willoughby, the Norrises, Essex, Leicester, Sidney, Spenser, Shakspeare and the lesser but brilliant lights which surrounded him; such were the men who lifted England upon an elevation to which she was not yet entitled by her material grandeur.

The first Englishman, and the second of any nation, he then ploughed his memorable "furrow round the earth," carrying amazement and, destruction to the Spaniards as he sailed, and after three years brought to the Queen treasure enough, as it was asserted, to maintain a war with the Spanish King for seven years, and to pay himself and companions, and the merchant-adventurers who had participated in his enterprise, forty-seven pounds sterling for every pound invested in the voyage.

Chancellor returned the following year to Moscow, and arranged with the Tsar the commercial privileges and immunities of a new company of merchant-adventurers who desired to trade with Muscovy; but in 1556, while on his way home, accompanied by Osep Neped, the first Russian ambassador to the court of England, their ship was wrecked on our own coast, at Pitsligo bay, where Chancellor was drowned, with most of the crew; but Osep Neped, who escaped, was conducted with much pomp to London, and there established on a firmer basis the commercial relations between the two countries, to which Chancellor's discovery had led, and of which he had laid the foundation.

But the seafaring men among the Protestants, as among those Catholics who were anti-Roman, took to privateering more than ever. Nor was exploration forgotten. A group of merchant-adventurers sent Sir Hugh Willoughby to find the Northeast Passage to Cathay. Willoughby's three ships were towed down the Thames by oarsmen dressed in sky-blue jackets.

The captains, statesmen, corsairs, merchant-adventurers, poets, dramatists, the great Queen herself, the Cecils, Raleigh, Walsingham, Drake, Hawkins, Gilbert, Howard, Willoughby, the Norrises, Essex, Leicester, Sidney, Spenser, Shakspeare and the lesser but brilliant lights which surrounded him; such were the men who lifted England upon an elevation to which she was not yet entitled by her material grandeur.

The first Englishman, and the second of any nation, he then ploughed his memorable "furrow round the earth," carrying amazement and, destruction to the Spaniards as he sailed, and after three years brought to the Queen treasure enough, as it was asserted, to maintain a war with the Spanish King for seven years, and to pay himself and companions, and the merchant-adventurers who had participated in his enterprise, forty-seven pounds sterling for every pound invested in the voyage.

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