If you’ll notice in paragraph 9 of the Virginia charter of 1606 … the king declares that all his heirs and successors were to also receive the same amount of gold, silver and copper that he claimed with this Charter.
The gold that remained in the colonies was also the kings. He provided the remainder as a benefit for his subjects, which amounted to further use of his capital. You will see in this paper that not only is this valid, but it is still in effect today. If you will read the rest of the Virginia Charter you will see that the king declared the right and exercised the power to regulate every aspect of commerce in his new colony.
A license had to be granted for travel connected with transfer of goods (commerce) right down to the furniture they sat on. A great deal of the king’s declared property was ceded to America in the Treaty of 1783. I want you to stay focused on the money and the commerce which was not ceded to America…that’s what let’s you know who actually rules things.
This was to the following effect that, “The house would consider as enemies to his majesty and the country, all those who should advise or by any means attempt the further prosecution of offensive war, on the continent of North America, for the purpose of reducing the colonies to obedience by force.”
This motion after a feeble opposition was carried without a division, and put a period to all that chicanery by which ministers meant to distinguish between a prosecution of offensive war in North America, and a total dereliction of it.
This resolution and the preceding address, to which it had reference, may be considered as the closing scene of the American war (emphasis added). Hence the language and dictating in both of those treaties by England
The king was making a commercial venture when he sent his subjects to America, and used his money and resources to do so. I think you would admit the king had a lawful right to receive gain and prosper from his venture.
In the Virginia Charter he declares his sovereignty over the land and his subjects and in paragraph 9 he declares the amount of gold, silver and copper he is to receive if any is found by his subjects.
There could have just as easily been none, or his subjects could have been killed by the Indians. This is why this was a valid right of the king (Jure Coronae, “In right of the crown,” Black’s fourth Ed.), the king expanded his resources with the risk of total loss.