The Dutch East India CompanyTourism poll Amsterdam

The Dutch East India Company was during the seventeenth century the most powerful company in the world. It was one of the few companies in Europe that traded with the East. It was certainly the largest trading company on the planet until things went awry.

New sea lanes
It was Portugal that first discovered the way to Asia, Vasco da Gama sailed around Africa and it was them which brought back the spices Europeans yearned for. Like there's nothing like a bit of salt and pepper on your steak. The sea lanes were very kept secret, nowadays we would say that they are a matter of "national security." A dutchman called Jan Huygen of Linschoten who had worked on one of the Portuguese ships knew the way, a merchant by the name of Houtman went to Portugal to spy on what the Asians would trade, herring and Dutch liquor seemed inappropriate. The fore runners of the Dutch East Asia Company send several expeditions to the East in order to draw up the sea lanes.
Things went well, the first expedition under Houtman returned loaded with spices, they had lost one ship and quite a few sailors but in spite of that a small profit had been made. So to town our merchants went, soon they were competing with each other to the point that profits suffered and the to make matters worse, the British got themselves organized and started the East India Company The nations top lawyer and counselor to the country's ruler Maurits of Oranje became concerned and suggested the government should intervene. And they did, they forced the competing cities to unite into one company, The Dutch East India Company. of Oldenbarnevelt

History is made!
In 1602, in Middelburg, the main town in the province of Zeeland, The Dutch East India Company was created. Amsterdam and Middelburg were the dominant cities, there were another four towns which also took part, Rotterdam was one of them. Each city had a chamber of counsellors, and merchants. The old owners of the companies that had united into the East india company each were given a "share," the same size as they had originally provided. Here we have history in the making, The Dutch East India Company was the first company in the world to issue shares. The Amsterdam chamber of The Dutch East India Company is where it all began, Share holding, trading stock breaking etc. The Bourse of Amsterdam was the first bourse in thew world. Equipping the expeditions was immensely expensive and more and more money was needed, soon everyone could buy a share, from the mayor to his kitchen maid.


Amsterdam had put in 57% of the capital when the company was formed as opposed to Rotterdam that only put in 3% and Zeeland 20%. So Amsterdam held a majority and they insisted on what they called "agressive trading." That called for protection, a military force that could protect the trading ships and the colonies we had "established" A complete army was send to the East, mostly just inexperienced adventurers.
They were no match for the seasoned British and the clever French. Costs sky rocketed and it became the downfall of the company. Wars with the British kept many ships at sea and beside this, the French decided to invade Holland. The company was nationalized at the end of the eighteenth century and that was it.

Business business
The Dutch East India Company undertook almost 5.000 voyages. It's best known captains were of Warwijck and Jan Pietrszoon Coen. Famous ships they sailed on were The Amsterdam the Amsterdam, the Concordia, the Voetboog and the Batavia.
In the year of 2002 AD we celebrated toe company's 400 birthday, on this memorable occasion The Dutch East India Company information centre was founded. (click on the image below, Dutch only)

The Dutch East India Company is window number 10 on the Canon of Amsterdam.

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The Dutch East India Company information centre

The Canon of Amsterdam

The canon of Amsterdam tells it's story by was of events depicted in a window, usually displaying a painting of the occasion. In the final analysis after having studied the canon we can come to no other conclusion that Amsterdam, throughout the ages was a rather tolerant city that took in many refugees from all christian faiths and nations.



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