Ferrar’s father, a London merchant, made his fortune from privateering in the war against Spain, and obtained a grant of arms in return for £300 lent to the Crown in 1588.
It was doubtless to defend the Virginia Company’s interest that two leading members, Lord Paget and the earl of Southampton, procured Ferrar’s return to the third Stuart Parliament for Tamworth and Newtown. Ferrar opted for Tamworth on 6 Feb. 1621.
The suspension in 1621 of the lottery that had funded the Company, the Indian massacre in 1622, and attacks on the Company charter in 1623 deprived Ferrar of any hope of profit from his investment.
