In 1672, King Charles II rechartered the Royal African Company (it had initially been set up in 1660), as an English monopoly for the African slave and commodities trade—thereafter in 1698, by statute, the English parliament opened the trade to all English subjects.[38] The slave trade to the mid-Atlantic colonies increased substantially in the 1680s, and by 1710 the African population in Virginia had increased to 23,100 (42% of total); Maryland contained 8,000 Africans (23% of total).[39] In the early 18th century, England passed Spain and Portugal to become the world's leading slave-trader.[38][40]