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)

    Any authentic work of art must start an argument between the artist and his audience.
    —Rebecca West (1892–1983)

    India has 2,000,000 gods, and worships them all. In religion other countries are paupers; India is the only millionaire.
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)

    These studies which stimulate the young, divert the old, are an ornament in prosperity and a refuge and comfort in adversity; they delight us at home, are no impediment in public life, keep us company at night, in our travels, and whenever we retire to the country.
    Marcus Tullius Cicero (106–43 B.C.)