The British East India Company

The British East India Company was born in the last day of 1600, when the Queen Elizabeth signed the monopoly agreement of 15 years on the commerce with East India.

Through the years, the company’s political and economic power grew up exponentially.

Silk, cashmere, incense and many other luxury goods were transported by the great fleet of the company.

At the height of its power, the company was hardly accused of corruption until when, in 1784, was voted the Indian Act, a law that separated the Indies government from the commercial activities, ceasing the company’s independence.

The 1st January 1874 the company was definitely broken up after 184 years and one day.