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European Trading Companies / Stocks and Bonds

Dutch East India Company (VOC) - Ostend Company - Swedish East India Company - China trade

It was to be the end of the 17th century or even the beginning of the 18th before all the West European maritime powers were represented by companies on the new trade routes to the Far East, to which the then all-embracing term 'East Indies' was applied. The East Indies comprised all the new discovered regions east of the Cape of Good Hope, which included: East Africa and the islands along its coast, the basin of the Red Sea, India west and east, the Malay Archipelago, China and Japan. The increase in the number of contestants in the new mercantile traffic between Europe and Asia made for a new equilibrium and redistributed the world into new spheres of influence. Smaller powers with access to the sea, such as Denmark, Sweden, the Austrian Netherlands and Prussia got the chance to make a name for themselves, next to the older powers of Spain and Portugal and to the newly, strongly established powers of England, the Dutch Republic and France, which meanwhile had expanded to have world empires.

 

VOC - Dutch East India Company(1602-1799)

Dutch East India Company V.O.C.

From the second part of the 16th century, Dutch ships sailed to the Caribbean, particularly to fetch salt, which, as a preservative for fish, meat and other foodstuffs, was of great importance. Several companies, each of which specialized in a certain area, existed independent from one another. In 1602 the small trading companies merged into the Vereenigde Oostindische Compagnie (i.e. the United Netherlands East India Company) which was to become an important power until 1799.

The Ostend East-India Company (1722-1731)

The Ostend East-India Company

The trade from Ostend in the Austrian Netherlands to Mocha, India, Bengal and China started in 1715. Some private merchants from Antwerp, Ghent and Ostend were granted charters for the East-India-trade by the Austrian government that had recently come to power in the Southern Netherlands. Between 1724 and 1732, 21 company vessels were sent out, mainly to Canton in China and to Bengal. Thanks to the rise in tea prices, high profits were made in the China-trade. In May 1727 the charter of the company was suspended for seven years and in March 1731 the second treaty of Vienna ordered the definitive abolition. The flourishing Ostend Company had been sacrificed to the interests of the Austrian dynasty.

 

 The Swedish East India Company ( 1731-1807)

The Swedish East India Company, established 1731 on the initiative of private merchants but with the caution of the central government, profited from the vain attempts of building new companies in some countries and from the short lived companies' existence in other as well. Both the Swedish and reformed Danish company were profiting from the vacuum created by the disappearance of the Austrian East India Company or commonly called Ostend Company because based in Ostend, itself dissolved under pressure from the great powers.

This is a clickable link !Introduction - English text version

The China Trade (1497-1905)

Silks, spices, tea and porcelain. These and other exotic products of China had been eagerly sought by Europeans since Roman times. But the land route through the Euroasian deserts along the "Silk Route" allowed only a trickle of Oriental products to reach the Western World. In the 16th century the sea route to the Orient was discovered. In the centuries that followed the seafaring nations of Europe vied for control of the China Trade. In the early 18th century, the collection of Oriental products became an obcession among the European aristocracy. Separate rooms and castles were built to display the collections

This is a clickable link !Introduction - English text version

 



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Author: Paulus Swaen 2016