Merchant Adventurers

Definition and stakes

Portrait of Alice Stopford Green Alice Stopford Green,  Town Life in the Fifteenth Century…

“ The Adventurers now proposed to enter the decent ranks of recognized associations, and exchange their roving wars for the more formal aggressions of a chartered company; and at their prayer Henry the Fourth granted them in 1406, for their better ordering and for their protection from other “meddling merchants,” a charter by which they took as their official [96] title their old name of the Merchant Adventurers. [161] The grant included all dominions over-sea, and allowed them to wander where they would in the wide world, and to draw within their ranks all the Adventurers of England. ”
Source: Gutenberg

James A. Williamson,  Maritime enterprise, 1485-1558 (1913)

“ It is important to emphasize the fact that this new company of ‘Merchants Adventurers of England for the discovery of lands, territories, isles, dominions and seignories unknown’ was an organization quite distinct from and independent of the old Merchant Adventurers who exported cloth to the Low Countries. The term ‘merchant adventurers’ was of general and not particular application, although, during the time when there was only one such society in London, it had naturally tended 313to be used as a proper noun. ”
Source: Gutenberg

Portrait of James Anthony Froude James Anthony Froude,  History of England (1893)

“ And this is to make a general stay that there may be no retailer occupy the feat of Merchant Adventurers, but only to keep him, and to live upon his retail; and likewise the Merchant Adventurer to occupy his feat only, and to touch no retail, for divers considerations of damage, as doth daily ensue thereof; and, for an example, the retailer comes over with the commodities of our realm, which, if a cannot sell them at his price, then a falls to bartering of them for silks and such like merchandise, and careth not to win by his cloth, for that a is sure to win by the retail of his silks. ”
Source: Wikisource

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