Royal African Company in the context of Malachy Postlethwayt

⭐ Core Definition: Royal African Company

The Royal African Company (RAC) was an English trading company established in 1660 by the House of Stuart and City of London merchants to trade along the West African coast. It was overseen by the Duke of York, the brother of Charles II of England; the RAC was founded after Charles II ascended to the English throne in the 1660 Stuart Restoration, and he granted it a monopoly on all English trade with Africa. While the company's original purpose was to trade for gold in the Gambia River, as Prince Rupert of the Rhine had identified gold deposits in the region during the Interregnum, the RAC quickly began trading in slaves, who became its largest commodity.

Historians have estimated that the RAC shipped more African slaves to the Americas during the Atlantic slave trade than any other company. The RAC also dealt in other commodities such as ivory, which were primarily sourced from the Gold Coast region. After William III of England rescinded the company's monopoly in 1697 under pressure from the Parliament of England, the RAC became insolvent by 1708, though it survived in a state of much reduced activity until 1752, when its assets were transferred to the newly founded African Company of Merchants, which lasted until 1821.

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👉 Royal African Company in the context of Malachy Postlethwayt

Malachy Postlethwayt (5 May 1707–13 September 1767) was a British economist and lexicographer, famous for his publication of the commercial dictionary titled The Universal Dictionary of Trade and Commerce in 1757. The dictionary was a translation and adaptation of the Dictionnaire universel du commerce of the French Inspector General of the Manufactures for the King, Jacques Savary des Brûlons.

Postlethwayt also wrote several works defending the slave trade and advocating for its expansion. He was a lobbyist for the Royal African Company and asserted that slave trade was central to British Empire's economic interests. In his first pamphlet, The African Trade, the Great Pillar and Support of the British Plantation (1745), Postlethwayt stated that “our West Indian and African Trades are the most nationally beneficial of any we carry on”. In reaction to those who denounced slave trade, he answered: “Many are prepossessed against this Trade, thinking it a barbarous, inhuman, and unlawful Traffic for a Christian Country to trade in Blacks” but Africans would be better off to “live in a civilized Christian Country” than among “Savages.”

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⭐ Core Definition: Royal African Company
👉 Royal African Company in the context of Malachy Postlethwayt
Royal African Company in the context of Charleston, South Carolina
Royal African Company in the context of Cape Coast

Royal African Company in the context of Charleston, South Carolina

Charleston is the most populous city in the U.S. state of South Carolina. The city lies just south of the geographical midpoint of South Carolina's coastline on Charleston Harbor, an inlet of the Atlantic Ocean formed by the confluence of the Ashley, Cooper, and Wando rivers. Charleston had a population of 150,227 at the 2020 census, while the Charleston metropolitan area, comprising Berkeley, Charleston, and Dorchester counties, has an estimated 870,000 residents. It ranks as the third-most populous metropolitan area in the state and the 71st-most populous in the U.S. It is the county seat of Charleston County.

Charleston was founded by the English in 1670 as Charles Town, named in honor of King Charles II. Originally established at Albemarle Point on the west bank of the Ashley River (now Charles Towne Landing), the settlement was moved in 1680 to its present location, where it quickly grew to become the fifth-largest city in North America by the 1690s. During the colonial period, Charleston remained unincorporated and was governed by a colonial legislature and a royal governor, with administrative districts and social services organized by Anglican parishes. Although the state capital was relocated to Columbia in 1788, Charleston remained among the top 10 U.S. cities by population through 1840. A significant part of Charleston's history is its central role in the Atlantic slave trade; local merchants, including Joseph Wragg, helped break the monopoly of the Royal African Company, making Charleston a primary entry point for enslaved Africans. Almost one-half of enslaved people imported to the United States arrived in Charleston. In 2018, the city formally apologized for its role in the American slave trade.

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Royal African Company in the context of Cape Coast

Cape Coast is a city and the capital of the Cape Coast Metropolitan District and the Central Region of Ghana. It is located about 38.4 mi (61.8 km) from Sekondi-Takoradi and approximately 80 mi (130 km) from Accra. The city is one of the most historically significant settlements in Ghana. As of the 2010 census, Cape Coast has a population of 108,374 people. The majority of people who live in the city are Fante.

The city was once the capital of the Fetu Kingdom, an aboriginal Guan kingdom located 10 miles (16 km) north of Cape Coast. Once the Europeans arrived, they established the Cape Coast Castle, which eventually fell under the hands of the British who named the castle and its surrounding settlement the headquarters of the Royal African Company. Cape Coast became the capital of the Gold Coast from 1821 until 1877, when it was transferred to Accra.

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