The Clipper Races

A During the seventeenth and eighteenth centuries, the British East India Company had the monopoly on trade with China and India. This meant that because no rival could legally import tea or other goods from these countries at this time, the company was rarely in a hurry to transport its merchandise. Instead, its priority was to minimise costs by carrying as much as possible on each ship. This meant that its ships - known as East Indiamen - were enormous, strong and very slow. B B...