Answer:
The chartered companies have private armies for protection.
Explanation:
The chartered companies have their armies and navies because of their occupations that led them to establish trading conduct outside their countries. They needed protection from people where they traded. They kept standing armies and forts to carrying out financial activities. Chartered companies were able to monopolize the markets, trade, slaves, extort tribute, seize land, and wealth to gain profits.
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He stated that he did not feel like rejoicing because the people he fought against had fought valiantly and full of pride for their cause and never faltered. He did add that although he admired their strength of belief, he did believe that the cause they chose was the worst cause in the history of mankind and that they were in the wrong.