Dutch East India Bond Company

Main Article Content

Izolda Beltadze

Abstract

The article presents the rise of the Dutch cities, first Antwerp, and then Amsterdam, the origin of the East India Company, its activities, showing the interests of Holland in the East, how the struggle with its competitors Portugal, France and England took place, by what methods it established a monopoly here, what was the difference between England and the Dutch East Among Indian companies.


A member of the Dutch East India Company could have been any foreigner with the Dutch. And a member of the East India Company of England should have been only English and not foreign.


Both companies: East India, England and the Netherlands, act as shipbuilders. Their trade colonial expansion further facilitated the development of navies in both countries.


The Dutch East India Company imported nutmeg, pepper, cloves, cinnamon, Ceylon tea, coffee and more from the East. The East India Company of England, unlike the Dutch, imported Maud fabrics to the East and produced: silk, cotton, pepper, cloves, cinnamon, indigo, nutmeg, opium, which were sold at exorbitant prices in Europe.


The annual profit of the Dutch East India Company was 50 million guilders. England's gain on 12 expeditions alone was 460,000 Pound Sterling.


Eventually the Dutch East India Company, which ceased to exist in 1796 (its monopoly was ended by England), played an important role. His ships sailed to the farthest corners of the world - to India, Malaysia, Indochina. Strictly managed its colonies, carried out extensive trade, had a great influence on the development of shipbuilding and other industries, which had a positive impact on the country's economy.

Keywords:
Monopoly, sephardim, stock exchange, currency bank, sapaio
Published: Dec 17, 2022

Article Details

How to Cite
Beltadze, I. (2022). Dutch East India Bond Company. Proceedings of Tskhum-Abkhazian Academy of Sciences, 22, 71–81. https://doi.org/10.52340/ptaas.2022.22.08
Section
History of Georgia, History
Author Biography

Izolda Beltadze, Shota Rustaveli Batumi State University

Doctor of Historical Sciences, Leading Researcher of the Institute of History of the Tskhum-Abkhazian Academy of Sciences, Shota Rustaveli Batumi State University, Professor

E-mail: beltadzeizolda@gmail.com