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Recapitalization Or Reform? the Bankruptcy of the First Dutch West India Company and the Formation of the Second West India Company, 1674
Itinerario, Vol. 43, No. 1, 88–106. © 2019 Research Institute for History, Leiden University. This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence (http:// creativecommons.org/licenses/by/4.0/), which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited. doi:10.1017/S016511531900007X Recapitalization or Reform? The Bankruptcy of the First Dutch West India Company and the Formation of the Second West India Company, 1674 ERIK ODEGARD* E-mail: [email protected] The Dutch West India Company (WIC), founded in 1621, was, in the words of the States General, “disbanded and destroyed” in September 1674 due to bankruptcy. In its stead, a second West India Company was founded, with a charter largely taken over from the first. This article explores how the dissolution of the first company and the conflicting interests of stockholders, bondholders, and company directors were managed. As it turns out, the old company was not actually liquidated; instead, its assets were simply handed over to the successor company, while an intricate financial construction was devised to take care of the debt burden and to capitalize the new company. The reasons for this unusual arrangement must be sought in the company’s great political, and particularly geopolit- ical, importance. Since the Dutch state was unwilling and unable to handle colonial gov- ernance and defence itself, it needed a placeholder in the form of a chartered company. However, the bankruptcy of the WIC, coming at the time it did, had major consequences for the shape of the Dutch Atlantic of the eighteenth century. -
John Marshall and Indian Land Rights: a Historical Rejoinder to the Claim of “Universal Recognition” of the Doctrine of Discovery
WATSON 1-9-06 FINAL.DOC 1/9/2006 8:36:03 AM John Marshall and Indian Land Rights: A Historical Rejoinder to the Claim of “Universal Recognition” of the Doctrine of Discovery Blake A. Watson∗ I. INTRODUCTION .............................................................................481 II. JOHNSON V. MCINTOSH ...................................................................483 III. ROGER WILLIAMS AND “THE SINNE OF THE PATTENTS” .................487 IV. EUROPEAN VIEWS OF INDIAN LAND RIGHTS DURING “THE AGE OF DISCOVERY” ......................................................................498 A. Spanish Views of Indian Land Rights ................................499 B. French Views of Indian Land Rights .................................511 C. Dutch and Swedish Views of Indian Land Rights .............517 D. Early English and Colonial Views of Indian Land Rights ..................................................................................520 V. “THE SINNE OF THE PATTENTS” REDUX: INDIAN TITLE IN NEW JERSEY ............................................................................................540 I. INTRODUCTION John Marshall was a historian as well as a jurist. In 1804, in the introductory volume of his five-volume series entitled The Life of George Washington, Marshall sought to place Washington’s life in con- text by presenting a lengthy narrative “of the principal events preceding our revolutionary war.”1 Almost twenty years later, when crafting the Supreme Court’s landmark decision in Johnson v. McIntosh,2 Marshall relied heavily on his history of America “from its discovery to the present day” in order to proclaim “the universal rec- ognition” of two legal principles: (1) that European discovery of lands in America “gave exclusive title to those who made it”; and (2) that ∗ Professor of Law, University of Dayton School of Law. J.D. 1981, Duke Univer- sity School of Law; B.A. 1978, Vanderbilt University. Research for this Article was supported by the University of Dayton School of Law through a summer research grant. -
Brief Synopsis of Economic Impact of Slavery in USA 1619 – 1863-> 244 Years
Brief Synopsis of economic impact of slavery in USA 1619 – 1863-> 244 years. [Followed by Slavery Time line.VM] The First shipment of 94 involuntary migrants from Africa arrived in Jamestown, VA in 1619 94 healthy men, women and children were bought and sold like chattel. By 1860's there were 4 million contributing to the wealth and power of the USA e.g. 4 million bales of cotton were produced annually. About the time the Constitution was adopted in the final state Rhode Island in 1790 about 4,000 bales of cotton were produced and 700,000 involuntary migrants from Africa were being bought and sold like one of the bales of cotton. VM Slavery Timeline 1901-2003 A Chronology of Slavery, Abolition, and Emancipation WARNING! Page under Construction! Some useful information may be available, but there are large gaps This page will, over time, develop into a detailed timeline of the main historical, literary, and cultural events connected with British slavery, abolition, and emancipation between 1901 and the present day. It also includes references to the most significant events taking place outside of the British zone of influence. At the start of the twentieth century Britain, despite being the world's largest empire, was officially opposed to slavery wherever it could be found. In reality, other forms of coerced labour had emerged around the world. In many areas slavery remained - and remains to this day - a serious problem. Click on a date in the list below, or scroll down the page, for information. Links are given to pages on this website only. -
Trade and the Merchant Community of the Loango Coast in The
Trade and the Merchant Community of the Loango Coast in the Eighteenth Century Thesis submitted for the Degree of Doctor of Philosophy University of Hull by Stacey Jean Muriel Sommerdyk Honors BA (University of Western Ontario) MA (York University) May 2012 ii Synopsis This thesis explores the political, economic and cultural transformation of the Loango Coast during the era of the transatlantic slave trade from the point of contact with Europeans in the sixteenth century until the end of the eighteenth century, with particular focus on the eighteenth century. While a number of previous studies of the West Central African slave trade have focused principally on the role of the Portuguese on the Angola Coast, this thesis makes a new contribution by evaluating the balance of power between Dutch and Loango Coast merchant communities. In doing so, this thesis concludes that well into the eighteenth century, local African religious and political traditions remained relatively unchanged on the Loango Coast, especially in comparison to their southern neighbours in Angola. Drawing upon detailed records compiled by the Middelburgse Commercie Compangie (MCC), the thesis builds upon an original database which accounts for approximately 10,000 slaves sold by 640 identified African merchants to the Dutch Middelburg Company over the course of 5,000 transactions. Expanding upon the work of Phyllis Martin and other scholars, this thesis highlights a distinction between the Loango and the Angola coasts based on models of engagement with European traders; furthermore, it draws attention to the absence of European credit data in the MCC slave purchasing balance sheets; and, finally, it explores the difficulties involved in procuring slaves via long distance trade. -
Slave Trading and Slavery in the Dutch Colonial Empire: a Global Comparison
rik Van WELie Slave Trading and Slavery in the Dutch Colonial Empire: A Global Comparison INTRODUCTION From the early seventeenth to the mid-nineteenth century, slavery played a fundamental role in the Dutch colonial empire.1 All overseas possessions of the Dutch depended in varying degrees on the labor of slaves who were imported from diverse and often remote areas. Over the past decades numer- ous academic publications have shed light on the history of the Dutch Atlantic slave trade and of slavery in the Dutch Americas.2 These scholarly contribu- tions, in combination with the social and political activism of the descen- dants of Caribbean slaves, have helped to bring the subject of slavery into the national public debate. The ongoing discussions about an official apology for the Dutch role in slavery, the erection of monuments to commemorate that history, and the inclusion of some of these topics in the first national history canon are all testimony to this increased attention for a troubled past.3 To some this recent focus on the negative aspects of Dutch colonial history has already gone too far, as they summon the country’s glorious past to instill a 1. I would like to thank David Eltis, Pieter Emmer, Henk den Heijer, Han Jordaan, Gerrit Knaap, Gert Oostindie, Alex van Stipriaan, Jelmer Vos, and the anonymous reviewers of the New West Indian Guide for their many insightful comments. As usual, the author remains entirely responsible for any errors. This article is an abbreviated version of a chapter writ- ten for the “Migration and Culture in the Dutch Colonial World” project at KITLV. -
The Age of Exploration (Also Called the Age of Discovery) Began in the 1400S and Continued Through the 1600S. It Was a Period Of
Activity 1 of 3 for NTI May 18 - 22 - Introduction to Exploration of North America Go to: https://www.ducksters.com/history/renaissance/age_of_exploration_and_discovery.php Click on the link above to read the article. There is a feature at the bottom that will allow you to have the text read to you, if you want. After you read the article, answer the questions below. You can highlight or bold your answers if completing electronically. I have copied the website text below if you need it. The Age of Exploration (also called the Age of Discovery) began in the 1400s and continued through the 1600s. It was a period of time when the European nations began exploring the world. They discovered new routes to India, much of the Far East, and the Americas. The Age of Exploration took place at the same time as the Renaissance. Why explore? Outfitting an expedition could be expensive and risky. Many ships never returned. So why did the Europeans want to explore? The simple answer is money. Although, some individual explorers wanted to gain fame or experience adventure, the main purpose of an expedition was to make money. How did expeditions make money? Expeditions made money primarily by discovering new trade routes for their nations. When the Ottoman Empire captured Constantinople in 1453, many existing trade routes to India and China were shut down. These trade routes were very valuable as they brought in expensive products such as spices and silk. New expeditions tried to discover oceangoing routes to India and the Far East. Some expeditions became rich by discovering gold and silver, such as the expeditions of the Spanish to the Americas. -
Slave Trade Chronology
CHRONOLOGY OF THE SLAVE TRADE http://www.nlj.org.jm/docs/slave_trade_chronology.htm CHRONOLOGY OF THE SLAVE TRADE Home 1441 Portuguese sailors take the first shipload of Africans to Europe as slaves. 1444 First large group of enslaved Africans brought to Europe. 1482 Elmina Castle (one of the most known slave trading forts in West Africa) built by the Portuguese; first European fort built on the Gold Coast. 1498 Columbus takes black slaves to Hispaniola. 1502 First record of African slave in the New World. 1510 King Ferdinand authorizes the shipment of a group of Africans to Santo Domingo, thus beginning systematic importation of slaves into the New World. 1517 First Importation of Africans into Jamaica. 1518 First black cargo direct from Africa arrives in the West Indies. 1538 First Negro slaves brought to Brazil. 1562 Sir John Hawkins sets out on his first slaving voyage. 1607 The Dutch West India Company is established and dominates early slave trade to the Americas. 1619 The first black slaves are shipped to the English Colony of Jamestown, Virginia. 1621 The Dutch West India Company granted monopoly over the Dutch African slave trade. 1637 Elmina Castle is captured by the Dutch who keeps it for the next two centuries. 1663 King Charles II sets up the Company of Royal Adventures to trade with Africa. 1672 King Charles II forms the Royal African Company to control the English slave trade after the Company of Royal Adventures ran into debt problems. 1698 Act passes, which ends the Royal African Company monopoly. 1759 The abolitionist, William Wilberforce, is born. -
Slavery, Freedom, and the Law in the Atlantic World, 1420-1807
CHAPTER 23 SLAVERY, FREEDOM, AND THE LAW IN THE ATLANTIC WORLD, 1420–1807 sue peabody To trace the development of slavery and its legal manifestations over the early modern period is to tap some of the larger transformations of the Atlantic world as a whole. In the fifteenth century, slaves constituted a small but recognizable segment of most African, European, and American societies. Some societies with strong imperial traditions (Roman, Islamic, Itza, and Aztec) contained many references to slaves in their commer- cial, marital, inheritance, civil, and criminal law. Others, with no written traditions or living in relative isolation, developed customs surrounding the intersection of military captivity, labor obligations, and kinship ties that define slavery and free status, which they enforced communally. As European maritime activity transformed the Atlantic Ocean from bar- rier to facilitator of conquest, migration, and commerce over subsequent centuries, slavery became central, or at least implicitly related, to nearly every society on all three continents. The new plantation complex, with its insatiable demand for laborers, generated new legal systems to enforce compliance. As American colonists became increasingly impatient with metropolitan (European) political control toward the end of the eigh- teenth century, antislavery discourse fueled much of the political rhetoric of the Revolutionary era, ushering in the republicanism, nationalism, and the constitutional framework of the modern period. In this chapter, I have sought to put the slave’s experience at the center of the story. It is important to see law as a product of social relations, reproduced by successive generations of historical actors. To this end, I have tried to identify the personnel, institutions, and concepts of the law that a slave might encounter at each step of the way, from enslavement, through daily life, to efforts to win free status. -
The Age of Exploration
The Age of Exploration Timeline Cards Chapter 5, Card 11 Tyler Pack Subject Matter Expert Chapter 5, Card 12 Avi Katz J. Chris Arndt, PhD, Department of History, James Madison University Chapter 5, Card 13 James Johnson Chapter 6, Card 14 Map tracing Magellan’s world voyage, once owned by Charles V, 1545 (vellum) by Battista Illustration and Photo Credits Agnese (1514–64)/John Carter Brown Library, Brown University, RI, USA/Bridgeman Images Chapter 6, Card 14 Ferdinand Magellan (1480–1521)/Pictures from History/Bridgeman Images Title Age Fotostock/SuperStock Chapter 7, Card 15 Angela Padron Chapter 1, Card 1 Martin Hargreaves Chapter 7, Card 16 Marti Major Chapter 1, Card 2 Album/Oronoz/Superstock Chapter 7, Card 17 Daniel Hughes Chapter 1, Card 2 “Portrait of Marco Polo (1254–1324), by Dolfino / Biblioteca Nazionale, Turin, Italy / Chapter 7, Card 18 Bryan Beus Bridgeman Images” Chapter 8, Card 19 Erika Baird Chapter 3, Card 3 DeAgostini / SuperStock Chapter 8, Card 20 “Lifting of the Siege of Pondicherry, 1748, engraved 1789 after work by Antoine Louis Chapter 3, Card 4 Vasco da Gama lands at Kozhikode (Calicut, India), May 20, 1498/Pictures from History/ Francois Sergent-Marceau (1751–1847) / Private Collection / The Stapleton Collection / Bridgeman Images Bridgeman Images” Chapter 3, Card 5 Christian Goupi/age fotostock/SuperStock Chapter 9, Card 21 Japan: Dejima Island, with Dutch flag flying. Chromolithograph of a painting by Johan Chapter 4 , Card 7 Dustin Mackay Maurits (1807–1874)./Pictures from History/Bridgeman Images Chapter 4, Card 8 Signing of Treaty of Tordesillas between Spain and Portugal, June 7, 1494/De Agostini Chapter 9, Card 22 Scott Hammond Picture Library/G. -
THE PORTUGUESE CONTRIBUTION to SOUTH AFRICAN TOPONYMY Dr
Scientia Militaria, South African Journal of Military Studies, Vol 18, Nr 3, 1988. http://scientiamilitaria.journals.ac.za THE PORTUGUESE CONTRIBUTION TO SOUTH AFRICAN TOPONYMY Dr. P.E. Raper* In hierdie artikel weergee dr. Raper, verbonde aan die Onomastiese Navorsingsentrum van die RGN, die reise van die onverskrokke Portugese seevaarders, ondermeer Oias en Oa Gama, en die plekname wat hulle agtergelaat het. Na 'n deeglike bespreking van 'n paar van hierdie name kom dr. Raper tot die gevolgtrekking dat hierdie name, op grond daarvan dat hulle die eerste name in suider Afrika was wat deur Europeers nagelaat is, van belang is vanuit 'n kulturele, historiese en Iingu'istiese oogpunt. Names are a vital part of language. They not necessitated frequent tacks or changes in direc- only facilitate communication but also make it tion. possible for us to orientate ourselves in the world in which we live. Names identify entities and Having then been blown out to sea and driven distinguish them from others. In contrast to 'ordi- eastwards, Dias found himself at the present- nary' words in a language, names are used day Mossel Bay, which he named Angra dos freely in other languages and thus have a Vaqueiros, 'bay of herdsmen'. A later expedition greater international impact. Yet in the first named it Anguada de SEW Bras, 'watering-place place, at the time of their bestowal, they were at St Blaize', after the saint to whom the day is derived from a specific language and reflect the dedicated on which Dias first saw it. culture, life-style and attitudes of the people who bestowed them. -
English in South Africa
English in South Africa Raymond Hickey, English Linguistics University of Duisburg and Essen email: [email protected] 1 Southern African countries 2 Location of the Republic of South Africa 3 Physical geography of South Africa 4 5 Climatic regions of South Africa 6 Early Cartography of Africa 7 Africa (1550) by Dutch cartographer Sebastian Münster 8 Africa (early 17c) by English cartographer John Speed 9 History of South Africa 10 History of South Africa 1)Indigenous peoples of southern Africa inhabit the region. Their descendents are to be found in the Kalahari Basin of Namibia, Botswana and parts of South Africa and speak a variety of languages, between which the genetic relationships are not always easy to determine. 2)In the early centuries CE Bantu peoples begin to move into the area of southern Africa. Their descendents constitute the black population of South Africa. 11 Bantu Migrations from Central to Southern Africa 12 History of South Africa 3)The first European to explore the coast of South Africa was Bartolomeu Dias in 1488. In 1497 the Portuguese explorer Vasco da Gama rounded the Cape of Good Hope and opened the Indian Ocean for European colonial trade. 4)In 1654 the first Dutch settled in the Cape region, led by Jan van Riebeeck who established a colony there for the Dutch East Company interested in trading in spices. 13 Jan van Riebeeck(1619-1677) arrives in the Cape in 1652 to found a station for the Dutch East India Company between the Atlantic and Indian oceans. 14 The Dutch East Indies during the early colonial period 15 The southern Dutch dialects spoken by the first settlers developed over time into Cape Dutch Vernacular which was standadised in the early twentieth century and officially called Afrikaans. -
Introduction 1
Notes Introduction 1. Taken as a whole, the Akan region covers a large part of southern and central Ghana and southeastern Ivory Coast. The River Volta in the east and the River Bandama in the west can be taken its current approximate borders. See Valsecchi and Viti, 1999, pp. 9–20. 2. See Arhin, 1967, 1970; Daaku, 1970a; Fynn, 1971; Goody, 1965; McCaskie, 1974, 1995; Perrot, 1982; Reynolds, 1974; Terray, 1995; Wilks, 1975. 3. See, in particular, Kea, 1982, and Daaku, 1970a. 4. See, for example, Kwamena-Poh, 1973; Chouin, 1998; and Daffontaine, 1993. 5. In particular, E. Cerulli, V. L. Grottanelli, V. Lanternari, M. G. Parodi da Passano, B. Palumbo, M. Pavanello, G. Schirripa, I. Signorini, and A. Wade Brown. For a comprehensive list of Italian anthropological studies on Nzema, see http://meig.humnet.unipi.it/. For an extensive bibliogra- phy on Nzema see Valsecchi, 2002, pp. 329–343 (passim). 6. See Ackah, 1965; Baesjou, 1998; and Valsecchi, 1986, 1994, 1999. 7. The inverted commas thus suggest “so-called by Europeans,” without however implying any value judgment. 8. In particular, Wilks, 1977, 1982a. 9. According to Kea (1982, pp. 321–323), the period that ran from the late fi fteenth century to the very early eighteenth century witnessed expansion in trade, demographic growth, urbanization, monetization, and consolida- tion of slavery in production. The merchant class attained hegemony by the joint control of the means of administration, destruction, and production. Independent polities were numerous and roughly equivalent in terms of strength, though networks of trade towns (especially the Akani system) provided forms of regional unifi cation.