1.Previous
3.Next

of undertaking exploratory expeditions into the Atlantic. Cabot's royal patent, issued by the Crown in 1496, stated that all expeditions should be undertaken from Bristol, so his primary financial supporters were probably based in that city. In any case, it also stipulated that the commerce resulting from any discoveries must be conducted with England alone, with goods being brought in only through Bristol. Although those goods would be free of other duties, the King was to receive one-fifth of the profit.

1.Previous
3.Next