The separate traders meanwhile were winning nearly all its trade.

In 1709-1710, for example, forty-four of their vessels made voyages as compared with but three ships of the company, and Royal African stock sold as low as 2-1/8 on the L100.

A reorganization in 1712 however added largely to the company's funds, and the treaty of Utrecht brought it new prosperity.

In 1730 at length Parliament relieved the separate traders of all dues, substituting a public grant of L10,000 a year toward the maintenance of the company's forts.

For twenty years more the company, managed in the early thirties by James Oglethorpe, kept up the unequal contest until 1751 when it was dissolved.
The company regime under the several flags was particularly dominant on the coasts most esteemed in the seventeenth century; and in that century they reached a comity of their own on the basis of live and let live.