East India Company Act 1806
The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to Indian Ocean trade, trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia. The company seized Company rule in India, control of large parts of the Indian subcontinent, European colonisation of Southeast Asia, colonised parts of Southeast Asia and British Hong Kong, Hong Kong. At its peak, the company was the largest corporation in the world. The EIC had its own armed forces in the form of the company's three Presidency armies, totalling about 260,000 soldiers, twice the size of the British army at the time. The operations of the company had a profound effect on the global balance of trade, almost single-handedly reversing the trend of eastward drain of Western bullion, seen since Roman times. Originally Chartered company, chartered as the "Governor and Compan ...
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Flag Of The East India Company
The flag of the East India Company was used to represent the East India Company, which was chartered in England in 1600. The flag was altered as the nation changed from England to Great Britain to the United Kingdom. It was initially a red and white striped ensign with the flag of England in the canton. The flag displayed in the canton was later replaced by the flag of Great Britain and then the flag of the United Kingdom, as the nation developed. Early years Upon receiving a Royal Charter to trade in the Indian Ocean from Queen Elizabeth I in 1600, the English East India Company adopted a flag of red and white stripes (varying from nine to thirteen stripes in total), with the flag of England in the canton. It was reported that the number of stripes was chosen because many of the East India Company's shareholders were Freemasons, and the number thirteen is considered powerful in Freemasonry. However, different reports gave varying initial numbers of stripes. The flag caused ...
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