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English crown bans tobacco growing in England, giving the Virginia Company a monopoly in exchange for tax of one shilling per pound.
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History of tobacco
Tobacco was long used by various indigenous groups that lived in the Americas. The Columbian exchange introduced tobacco to the Europeans, and it became an addictive, lucrative and heavily traded commodity. Following the Industrial Revolution, cigarettes became hugely popular…Source: Wikipedia (CC BY-SA)
Virginia Company
English trading company
The Virginia Company was an English trading company chartered by King James I on 10 April 1606 with the objective of colonizing the eastern coast of America. The coast was named Virginia, after Elizabeth I, and it stretched from present-day Maine to the Carolinas. The company's…Source: Wikipedia (CC BY-SA)
June 29
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