For Glory, God, and Gold and the Virginia Company

On April 10, 1606, King James I granted a royal charter to the Virginia Company of London, granting the company permission to start colonizing Virginia and the areas surrounding it. It also explicitly granted permission to dig and mine for precious metals, and demanded that 1/5 of any gold or silver and 1/15 of any copper extracted would automatically be given to the crown. Company … Continue reading For Glory, God, and Gold and the Virginia Company