Dutch West India Company (Dutch: Geoctroyeerde Westindische Compagnie or GWIC; English: Chartered West India Company) was a chartered company (known as the "WIC") of Dutch merchants. Among its founding fathers was Willem Usselincx (1567–1647). On June 2, 1621, it was granted a charter for a trade monopoly in the West Indies (meaning the Caribbean) by the Republic of the Seven United Netherlands and given jurisdiction over the African slave trade, Brazil, the Caribbean, and North America. The area where the company could operate consisted of West Africa (between the Tropic of Cancer and the Cape of Good Hope) and the Americas, which included the Pacific Ocean and the eastern part of New Guinea. The intended purpose of the charter was to eliminate competition, particularly Spanish or Portuguese, between the various trading posts established by the merchants. The company became instrumental in the Dutch colonization of the Americas.
Read more about Dutch West India Company: History, The First West India Company, The Second West India Company
Famous quotes containing the words dutch, west, india and/or company:
“Too nice is neighbors fool.”
—Common Dutch saying, trans by Johanna C. Prins.
“O native country, repossessed by thee!
For, rather than Ill to the West return,
Ill beg of thee first here to have mine urn.
Weak I am grown, and must in short time fall;
Give thou my sacred relics burial.”
—Robert Herrick (15911674)
“But nothing in India is identifiable, the mere asking of a question causes it to disappear or to merge in something else.”
—E.M. (Edward Morgan)
“Attending upon a prince is as dangerous as keeping company with a tiger.”
—Chinese proverb.