Company of One Hundred Associates

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COMPANY OF ONE HUNDRED ASSOCIATES

COMPANY OF ONE HUNDRED ASSOCIATES, a privileged corporation established by Cardinal Riche-lieu in 1627 to colonize New France (Canada), was also known as the Company of New France. The company's charter required it to send colonists to Canada until 1643, to provide for colonists for the first three years, and thereafter to furnish them enough cleared land for their support. In return, the company exercised political power over the colony, seigneurial control of the land, and enjoyed a monopoly of all trade except the whale and cod fisheries. Since the company focused on trade at the expense of colonization, New France failed to prosper, and France revoked the charter in 1663.

BIBLIOGRAPHY

Eccles, W. J. The French in North America. Markham, Ontario, Canada: Fitzhenry & Whiteside, 1998.

McCusker, John J., and Kenneth Morgan. The Early Modern Atlantic Economy. New York: Cambridge University Press, 2000.

Mary BorgiasPalmS.N.D./s. b.

See alsoCod Fisheries ; French Frontier Forts ; Fur Trade and Trapping ; New France .

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