1. Dutch East India Company
1. The company was founded in 1602 by a
charter granted by the States General, the
national administrative body of the Dutch
Republic
2. In April 1595, the Amsterdom based
‘company of far lands’ which was the first
among the so called precompanies
3. Which had managed to raise a capital of f.
290,000 sent out four ships to the East
Indies under the command of Cornelis de
Hautman
2. 4. In August 1597 he returns with three
cargoes of paper, nutmeg and mace
5. In the meantime, a number of new
companies in different part of Dutch had
been organized for trade with the East
Indies
6. The two Amsterdam companies were
merged in 1598 and came to be known as
old company
7. By 1600 four another companies had been
formed in the various provinces of
Neatherlands
3. 8. The inevitable result was an increase in the
coast price of the pepper and other spices
and a decline in their sale prices
9. To all those who realized the enormous
potential of the East India trade
10.It was imperative that something be done
to curb the cutthroat competition among
the various companies
11.The initiative was taken by the old
company which on the strength of being
the pioneer in the 1st India trade
4. 12.It petitioned the states of Holland in 1601
for a monopoly of all trade east of the cape
of Good hope for a period of 25 yrs.
13.The request was turned down
14.After that mainly through the mediatory
efforts of Johan Van oldenbarnevelt
15.The various units agreed to came together,
and the Verenigde Oost-Indische
Compagnie (VOC) was chartered on 20
March 1602
16.The company was given the sole right for a
period of 21 years to sail east of cape of
Good Hope and west through the strait of
Magellan
5. 17.Organizational structure of the company
was rather complicated
18.The pre companies the six chambers of the
company
19.The doctors of these chamber nominated
the all powerful Board of Directors of the
company known as Haren XVII
20.All important decisions parting to the
number of ships to be sent to East each
year,
21.Together which value and Volume of the
goods to be ordered from the East, 14 and
the procedure to be adopted with regard to
the sale of the Asian goods in the
Neatherlad and so on were taken in the
meetings of Heren XVII
6. 22.In 1605 one of the Dutch factors, Van
Soldt, had visited the port of
Masulipatanam
23.During his second visit in the following
year, soldt succeeded in obtaining a
farman form the King of Golconda
24.Which not only allowed the Dutch to
established a Factory in Masulipatnam but
also granted much low rate of duty
25.Vocs early factories in South India should
have been located in delta between
Karishna and Godavari
7. 26.Dutch were the first to dislodge the
Portugese from a position of power began
with individual attacks on their shipping
and was quickly extended to their
possessions
27.On land
28.Within a few years of its foundation, the
company felt strong enough toe undertake
the blockade of Goa and Nalacca from the
sea
29.In the spices islands of Ambonia was
captured in 1605 and
8. 30.Though P. aided by Spanish fleets from the
Philippines were able in early year to
mount various counter attacks against the
Dutch,
31.Their naval strength was reduced by
successive Dutch Victories
32.In order to strike a decisive blow against P
trade, it was necessary to conquers
Malacca, besiege Goa and to patrol the
coromandal coast
33.The second element in the Dutch company
was the captiur of the Cinnamon trade of
Ceylon and
9. 34.The elimination of the Portugese pepper
factories at Malabar
35.Form 1636 for ten successive years Goa
was blockaded every trading season
36.Malacca fell in 1641, after determined
resistance and the policy of conquest
reached its final fruition with the conquest
of Colombo (1655-6) Cochin (1659-63)
37.After this Dutch were consolidated their
commercial organization in the Indus with
territorial bases and factories in Java,
Malacca and India
10. 38.The Dutch on the one hand, dislodged
the P. from India’s maritime trade
and on the other hand they gave a
new direction and commodity
structure to India's foreign trade
39.The Dutch instead of spices, greatly
promoted the export of textiles
