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Giles Milton Quote

The Queen coined new money specifically for the Company {East India}. Minted at the Tower of London and bearing her arms on one side and a portcullis on the other, it soon became know as the portcullis money. She also granted the merchants a new flag which, with its blue field and background of thirteen red and white stripes, prefigured the one adopted by the Thirteen Colonies of America some 175 years later.

Giles Milton

The Queen coined new money specifically for the Company {East India}. Minted at the Tower of London and bearing her arms on one side and a portcullis on the other, it soon became know as the portcullis money. She also granted the merchants a new flag which, with its blue field and background of thirteen red and white stripes, prefigured the one adopted by the Thirteen Colonies of America some 175 years later.

Tags: elizabeth i, thirteen colonies

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About Giles Milton

Giles Milton FRHistS (born 15 January 1966) is a British writer and journalist, who specialises in narrative history. He writes non-fiction, historical fiction, and children's history books, and is best known for Churchill's Ministry of Ungentlemanly Warfare, and Nathaniel's Nutmeg.
Milton's books have sold more than one million copies in the UK, and been published in twenty-five languages. He also writes and narrates the podcast series Ministry of Secrets, produced by Somethin' Else and Sony.