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International trade.(influence of Dutch East India Company and English East India Company)(Brief Article)

About 3 pages (896 words)

The Economist (US), December 25th, 1999

1614

The East India companies

TO JAN COEN, writing home in 1614 to his bosses in the Dutch East India Company, it was simple commercial fact:

Trade in Asia must be maintained under the protection of our own weapons; and they have to be paid for from the profits of trade. We can't trade without war, nor make war without trade.

Within five years, "war" had become "land". Coen seized a small port called Jakarta, renamed it Batavia and fortified it. The idea was not new. Throughout the east, Asian traders had long, de facto, run the districts of foreign ports where they lived and did busines...

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