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The East India Company is a modern dynamic commercial enterprise with a wealth of experience and contacts and associates throughout the world Founded by the Royal Charter of Queen Elizabeth the First in 1600 The East India Company was once the single most powerful economic force that the world has ever seen Based in London its influence reached out to all continents and the consequences of its actions both great and small are the very fabric of history itself -- the Company for example created British India caused the Boston Tea Party founded Hong Kong and Singapore employed Captain Kidd to combat piracy established tea in India held Napoleon captive and made the fortune of Elihu Yale Its flag inspired the Stars and Stripes its shipyards provided the model for St Petersburg its administration still forms the basis of Indian bureaucracy and its corporate structure was the earliest example of a joint stock company It introduced tea to the British woollens to Japan chinzes to America spices to the West Indies opium to China porcelain to Russia and polo to India It had its own armies navies currencies and territories as diverse as the tiny Spice Island Pulo Run -- later exchanged for Manhattan -- to the Jewel in the Crown India itself The intentions of the 218 Knights and merchants of the City of London who formed the East India Company and those of Queen Elizabeth I who granted its Royal Charter on December 31st 1600 were rarely matched by the outcome The venture failed to achieve its stated objectives -- it made little impression on the Dutch control of the spice trade and could not establish a lasting outpost in the East Indies in the early years -- and yet succeeded beyond measure in establishing military dominance and a political empire for Britain in the EastThe tension between the straightforward commercial aims of the Court of Directors in London who simply desired that
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