Dutch West India Company

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:

    ‘Tis probable Religion after this
    Came next in order; which they could not miss.
    How could the Dutch but be converted, when
    The Apostles were so many fishermen?
    Besides the waters of themselves did rise,
    And, as their land, so them did re-baptize.
    Andrew Marvell (1621–1678)

    Every other evening around six o’clock he left home and dying dawn saw him hustling home around the lake where the challenging sun flung a flaming sword from east to west across the trembling water.
    Zora Neale Hurston (1891–1960)

    India is an abstraction.... India is no more a political personality than Europe. India is a geographical term. It is no more a united nation than the Equator.
    Winston Churchill (1874–1965)

    We are imprisoned in life in the company of persons powerfully unlike us.
    Ralph Waldo Emerson (1803–1882)