Sir Thomas Smythe or Smith (1558?–4 Sep 1625),[1] was an English merchant and politician. He was the first governor of the East India Company.
Sir Thomas Smythe or Smith (1558?–4 Sep 1625),[1] was an English merchant and politician. He was the first governor of the East India Company.
He was born about 1558, the second surviving son of Thomas "Customer" Smythe of Ostenbanger (now Westenhanger) in Kent, by his wife Alice, daughter of Sir Andrew Judd. His grandfather, John Smythe of Corsham, Wiltshire, is described as yeoman, haberdasher, and clothier. His father carried on the business of a haberdasher in the city of London, and was ‘customer’ of the port of London. He purchased Ostenhanger off Sir Thomas Sackville and much other property from Robert Dudley, Earl of Leicester and was buried at Ashford, where there is a beautiful monument to his memory.[2] His elder son, Sir John Smythe or Smith (1556?–1608) of Ostenhanger, was high sheriff of Kent in 1600, and was father of Thomas Smythe, 1st Viscount Strangford.
Thomas was educated at Merchant Taylor's School (1571) [3]
Thomas, one of thirteen children, was brought up to his father's business. In 1580 he was admitted to the freedom of the Worshipful Company of Haberdashers and also of the Worshipful Company of Skinners. He rapidly rose to wealth and distinction. He was Auditor fro the city from 1597 to 1598 and Treasurer of St Bartholomew's Hospital from 1597 to 1601. In 1599 he was elected alderman for Farringdon Without ward and was chosen one of the sheriffs of London.[4] When the East India Company was formed in October 1600, he was elected the first governor, and was so appointed by the charter dated 31 December, though at this time he held the office for only four months.[5]
In February 1600–1 Smythe, when a Sheriff of London, was believed to be a supporter of the Robert Devereux, 2nd Earl of Essex, who on 8 February went to his house in Gracechurch Street. Smythe went out to him, laid his hand on his horse's bridle, and advised him to yield himself to the Lord Mayor of London[disambiguation needed]. As Essex refused to do this and insisted on coming into the house, Smythe made his escape by the back door and went to confer with the Lord Mayor. Afterwards he was accused of complicity with the earl's rebellion, was examined before the privy council, was discharged from his office of sheriff, and was committed to the Tower of London.[6] His imprisonment was for but a short time; and on 13 May 1603, on the accession of James I, he was knighted. In 1604 he was appointed one of the receivers for the Duchy of Cornwall,[7] and, in June, to be special ambassador to the tsar of Russia[disambiguation needed].
His grandfather, Sir Andrew Judde, Lord Mayor in 1550, was one of the founders of the Muscovy Company, and he himself would seem to have been largely interested in the Muscovy trade. Sailing from Gravesend on 13 June, he, with his party, arrived at Archangel on 22 July, and was conducted by way of Kholmogori and Vologhda [cf. Jenkinson, Anthony] to Jaroslav, where the emperor then was. In the course of the winter he obtained a grant of new privileges for the company, and in the spring went on to Moscow, whence he returned to Archangel and sailed for England on 28 May.
Smythe was knighted on 13 May 1603 and in the same year was re-elected governor of the East India Company, and, with one break 1606–7, continued to hold the office till July 1621, during which time the company's trade was developed and established. In January 1618–19 he was appointed one of the commissioners for the settlement of the differences with the Dutch, which, however, after some years of discussion, remained, for the time, unsettled.[8] His connection with the East India Company and the Muscovy Company led him to promote and support voyages for the discovery of the North-West Passage, and his name, as given by William Baffin to Smith's Sound, stands as a memorial to all time of his enlightened and liberal energy.
Smythe financed numerous Elizabethan era[9] trade ventures and voyages of exploration during the early 17th century. In 1609 he obtained the charter for the Virginia Company, of which he was the treasurer, an office which he held till 1620, when, on being charged with enriching himself at the expense of the company, and on a demand for inquiry, he resigned. The charges against him, which were urged with great virulence, were formally pronounced to be false and slanderous, though Smythe was not held to be altogether free from blame;[10] and the renewed inquiry was still going on, when he died at Sutton-at-Hone in Kent on 4 September 1625. He was elected Member of Parliament for Saltash in 1622.[4]
Smythe was buried at Sutton, where, in the church, there is an elaborate monument to his memory. The charges against him had met with no acceptance from the king; to the last he was consulted on all important matters relating to shipping and to eastern trade,[11] and for several years was one of the chief commissioners of the navy, as also governor of the French and Somers Islands companies.
Smythe amassed a large fortune, a considerable part of which he devoted to charitable purposes, and, among others, to the endowment of the free school of Tonbridge, which was originally founded by his grandfather, Sir Andrew Judd. He also established several charities for the poor of the parish of Tonbridge.
Smythe was three times married. The first two wives must have died comparatively young and without issue. He was already married to the third, Sarah, daughter of William Blount, when he was sheriff of London. By her he had one daughter (died unmarried in 1627) and three sons, two of whom seem to have predeceased their father. The eldest son, Sir John Smythe of Bidborough, married Isabella Rich, daughter of Robert Rich, 1st Earl of Warwick and Penelope Devereux and had issue, including Letitia Isabella Smythe (d. 1714), who married John Robartes, 1st Earl of Radnor.
The family, in the male line, ended with his great-great-grandson, Sir Sidney Stafford Smythe (1705–1778). The name, which is often spelt Smith, was always written Smythe by the man himself, as well as by the collateral family of Strangford.
A portrait belonging to the Skinners' Company has been identified with Smythe, though it has been supposed to be rather that of Sir Daniel Judd. An engraving by Simon Pass is inserted in the Grenville copy of Smith's ‘Voiage and Entertainment in Rushia’ (London, 1605, 4to). It is reproduced in Wadmore's memoir (1892).
