Name John Stratford | ||
John Stratford (c.1582-c.1634), of the Gloucestershire Stratfords, was an Elizabethan and Jacobean merchant and entrepreneur, and a significant grower of tobacco in the Cotswolds.
Contents
Life
The seventh of eight sons and one daughter born to John Stratford and his wife Margaret (of the Tracy Family, later the Barons Sudeley), John Stratford (the younger) became a London salter apprenticed to Peter Robinson, marrying his daughter Joan at Cheshunt, Hertfordshire on 20 April 1602. They had two sons and five daughters, all born between 1603 and 1615 and baptized at St Matthew's Church, Friday Street, London.
Work
Stratford traded first in Cheshire cheese and woollen hose from the country, but then switched to rough flax, linen yarn, wheat, and rye, bought from Baltic merchants in exchange for English broadcloth. He entered into partnership with John Hopkins, a fellow apprentice, who also married one of Robinson's daughters. When, through a second marriage, Hopkins became a kinsman of one Vickares, a woollen draper, Hopkins took over the broadcloth trade and Stratford concentrated on the flax trade, in partnership with three others, his half-brother Ralph, Thomas Lane, married to a third daughter of Robinson, and Humphrey Thornbury. They prospered and employed many poor in and near London to dress flax, until the Dutch brought in dressed flax and business diminished.
Stratford returned to his Prescott estate in Gloucestershire and began to grow tobacco, raising some capital from Abraham Burrell, but Henry Somerscales as his main partner (Somerscales had learned in the Netherlands how to cultivate tobacco, and took responsibility for the sale of the matured crop). At the same time Stratford was engaged with his half-brother Ralph in soap-boiling in London, and dealt in tallow, potash, soap-ash, and oil. An appeal to the privy council in 1623 prompted their recommendation that his creditors forbear, for one year, later extended, to press for payment. He paid off some debts in sheep, and by growing flax at Winchcombe and Cockbury on 40 acres, employing 800 poor. He also experimented with linen manufacture. He urged the growing of flax and hemp as a state policy, and more ploughing of pasture to make work.
Death
The date and place of his death are unknown; a lawsuit implies that Stratford was still living in 1634, but he predeceased his wife, whose will was proved on 1 May 1654. The administration of the estate of a John Stratford of Monmouth was granted to his wife Joan in 1638.