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Article: The Dutch West India Company.
- Article from:
- Cobblestone
- Article date:
- October 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Carus Publishing Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Trade in spices and other luxury goods from Asia had made the Dutch East India Company hugely successful. So, in 1621, the States-General, the ruling body of the Dutch Republic, granted permission for a group of 19 Dutch merchants to create a new company. Called the Dutch West India Company (WIC), it was given a monopoly on trade in West Africa, North and South America, and islands of the Caribbean. Since the Dutch Republic was at war with Spain, WIC ships also were licensed to capture Spanish vessels in the Atlantic.
In the 1620s and 1630s, the company flourished, trading in furs, sugar, and slaves and seizing Peruvian and ...
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Encyclopedia entry: East India Company
The Oxford Companion to Ships and the Sea;
700+ words
...East India Company, the name of eight incorporated companies ... and fight off competitors. English East India Company. The English organization, known as the Honourable East India Company but also colloquially as ‘John ...
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