THE VIRGINIA COMPANY OF
LONDON, 1606-1624

COPYRIGHT©, 1957 BY
VIRGINIA 350TH ANNIVERSARY CELEBRATION
CORPORATION, WILLIAMSBURG, VIRGINIA

Second Printing, 1959
Third Printing, 1964

[Transcriber's Note: Extensive research did not uncover any evidence that the U. S. copyright on this publication was renewed.]

Jamestown 350th Anniversary
Historical Booklet Number 5

THE VIRGINIA COMPANY OF
LONDON, 1606-1624

This is the story of the Virginia Company and only indirectly of the Virginia colony. Those who seek an account of the early years at Jamestown should turn to another number in this same series. Here the focus belongs to the adventurers in England whose hopes gave shape to the settlement at Jamestown, and whose determination brought the colony through the many disappointments of its first years. In terms of time, the story is short, for it begins with the granting of the first Virginia charter in 1606 and ends with the dissolution of the company in 1624. It thus covers a period of only eighteen years, but during these years England's interest in North America was so largely expressed through the agency of the Virginia Company that its story constitutes one of the more significant chapters in the history both of the United States and of the British Empire.

In the beginning there were two companies of the Virginia adventurers, the one having its headquarters in London and the other in the western outport of Plymouth. Englishmen at that time used the name Virginia to designate the full sweep of the North American coast that lay above Spanish Florida. In the original Virginia charter the adventurers were granted rights of exploration, trade, and settlement on the "Coast of Virginia or America" within limits that reached from 34° of latitude in the south to 45° in the north, which is to say from the mouth of the Cape Fear River in lower North Carolina to a point midway through the modern state of Maine. The Plymouth grantees had a primary interest in the northern area that Captain John Smith would later name New England, and there they established a colony at Sagadahoc in August 1607, only a few weeks after the settlement of Jamestown. But the colony barely survived the winter, and was abandoned in the spring of 1608. Thereafter, the Plymouth adventurers gave up. In contrast, the London adventurers persisted, and their persistence served to tie the name of Virginia increasingly to them and to their more southerly settlement. As a result, the London adventurers became in common usage the Virginia adventurers, their company the Virginia Company, and their colony Virginia.

The Virginia colony was especially fortunate in having the backing of London. Indeed, it may not be too much to suggest that the chief difference between the stories of Roanoke Island and of Jamestown was the difference that London made. Consistently, the leadership of Elizabethan adventures to North America, including those of Gilbert and Raleigh, had come from the western counties and outports of England, and with equal consistency hopeful projects had foundered on the inadequacy of their financial support while London favored other ventures—to Muscovy, to the Levant, and more recently to the East Indies. It was not merely that London had the necessary capital and credit for a sustained effort; it also had experience in the management of large and distant ventures, such as those of the East India Company over which Sir Thomas Smith presided, as he would preside through many years over the Virginia Company. London had too the advantage of its proximity to the seat of government in nearby Westminster, where King James had his residence, where the highest courts of the realm sat periodically, and where England's parliament customarily met. Already, in 1606, it was possible to trace in the immediate environs of the ancient City of London, itself still medieval in appearance and in the organization of much of its life, the broad outlines of the great metropolis that has been increasingly the focal point of England's development as a modern state.

In thus emphasizing the importance of London to the early history of Virginia, one runs the risk of misrepresenting the true character of the Virginia adventure. Contrary to the impression that will be gained from many of our modern textbooks, the Virginia Company represented much more than the commercial interests of the port of London. Its membership included many gentlemen and noblemen of consequence in the kingdom. Some of them, no doubt, became subscribers to a Virginia joint-stock for the same reason that often led members of the landed classes in England into commercial ventures. But others, quite evidently, subscribed because of a sense of public responsibility, or simply because skilfully managed propaganda had put pressure on them to accept a responsibility of social or political position. For the Virginia adventure was a public undertaking, its aim to advance the fortunes of England no less than the fortunes of the adventurers themselves.

It would be helpful if we knew more about the original Virginia adventurers than we do. The records are so incomplete as to make impossible anything approaching a full list of the first subscribers. However, enough is known to suggest the broad range of experience and interest belonging to those who now joined in a common effort to build an empire for England in America. The original charter of 1606 lists only eight of the adventurers by name, they being the ones in whose names the petition for the charter had been made. This list omits Sir John Popham, Lord Chief Justice of the Kings Bench, who may well have been the prime mover in the enterprise, and Sir Thomas Smith, who was an active leader from an early date. Four of the eight men listed are identified as belonging to the London group. Sir Thomas Gates was a soldier and veteran of campaigns in the Netherlands who would later serve as the colony's governor. Sir George Somers had led many attacks against Spanish possessions in Queen Elizabeth's day, was a member of parliament, and would meet his death four years later in Bermuda while on a mission of rescue for Virginia. Edward Maria Wingfield was another soldier who had fought in the Netherlands. He belonged to a family which had acquired extensive estates in Ireland, and he too would go to Virginia, where he served as first president of the colony's council. The most interesting of the four was Richard Hakluyt, a clergyman whose chief mission in life had been the encouragement of overseas adventures by his fellow countrymen. To them he had literally given a national tradition of adventure by compiling and editing one of the more influential books in England's history—The Principall Navigations, Voyages, and Discoveries of the English Nation, whose reading, in Michael Drayton's words, inflamed "Men to seeke fame." Hakluyt had been advisor to both Gilbert and Raleigh in their ventures, and since then he had consistently promoted the idea that England might best find in North America the opportunities that were needed for her prosperity and her security.

A significant indication of the extent to which the public interest was considered to be involved in the Virginia project is found in the provision that was first made for the government of the two colonies. The powers of government, which is to say the ultimate right to decide and to direct, were vested in a royal council, commonly known as the Virginia Council and having its seat in London. Its membership was probably drawn exclusively from the two groups of Virginia adventurers, but