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Excerpt from An Introduction to the Study of Colonial History, for Use in Secondary Schools The older companies (1) were primarily commercial; (2) were given monopoly of commerce; (3) enjoyed only incidentally their political prerogatives; (4) were almost free from control of home government. The modern companies (1) are essentially political in purpose; (2) have no monopoly in commerce; (3) have as their principal object industrial development of the re sources of their concessions; (4) are subject to stricter con trol by the home government than were the older companies. While almost unlimited powers are given the companies to-day, the danger of the evils practiced by the old-time companies is lessened by the supervision of a resident representative of the government. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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9781330099445

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