West India Company, Dutch

West India Company, Dutch

 

a trading company which existed from 1621 to 1791. The Dutch States-General granted it a monopoly for trade and colonization in the Americas and West Africa. It occupied considerable areas of Brazil; a number of West Indian islands; a part of the eastern coast of North America, where it founded the town of New Amsterdam (now New York); and a number of bases on the west coast of Africa, which served as important centers for the slave trade. Most of its possessions were seized as early as the second half of the 17th century by Holland’s colonial rivals—Portugal and England.