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The Company-StateCorporate Sovereignty and the Early Modern Foundations of the British Empire in India$
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Philip J. Stern

Print publication date: 2011

Print ISBN-13: 9780195393736

Published to Oxford Scholarship Online: September 2011

DOI: 10.1093/acprof:oso/9780195393736.001.0001

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“Auspicio Regis et Senatus Angliae”

“Auspicio Regis et Senatus Angliae”

Crisis and Response in Britain after 1688

(p.142) 7 “Auspicio Regis et Senatus Angliae”
The Company-State

Philip J. Stern

Oxford University Press

Mirroring its predecessor, this chapter follows the political challenges the Company faced in Britain after 1688. As the Company was expanding in fits and starts in Asia, it was increasingly coming under assault in England. Chapter 7 argues that the attack the Company faced by its rivals in England and Scotland, particularly the English Parliament, in the aftermath of the Glorious Revolution was fundamentally a dispute not only over political economy but the proper nature of colonial sovereignty. Following the contours and languages of this debate, this chapter argues that the attack on the Company in Parliament and the rise of two potent rivals, a new English East India Company and a Scottish East India Company (also known as the “Darien” Company) were critical in laying the groundwork for the erosion of the Company’s political independence and its incorporation into the British state and empire in the eighteenth century. That debate was also crucial in establishing a perceived link between the Company and the ousted Stuart regime that had a lasting impact on its historiographical legacy.

Keywords:   Glorious Revolution, Parliament, new East India Company, Darien Company, Scotland

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