Jubal Anderson Early,
The Heritage of The South
“ In this company Queen Anne and the King of Spain became stockholders, as did a large portion of the nobility, gentry, churchmen, and merchants of England. England thus sought a monopoly of the entire slave trade, at least so far as her own and the Spanish colonies were concerned. The exclusive privileges granted to the Royal African Company having expired, in the year 1750 the British Government undertook to maintain the forts and factories on the African coast at its own expense, and the slave trade was thrown open to free competition on the part of its citizens. ”
