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The Dutch East India Company was a company established to maintain colonial excursions in Asia. It was founded on March 20, 1602 and dissolved in 1799. It was the first company to issue stocks and bonds.

It was the Dutch East India Company that sent English explorer Henry Hudson to find a faster route to China in 1609. After Hudson's exploration of present-day New York City, the company established a colony there, dubbed New Netherland to take advantage of the fur trade in the region. The focal point of their new colony was New Amsterdam, or New York City.

In 1621, Dutch East India Company transferred control of the Dutch colonies in North America to its new wing, the Dutch West India Company.

ReferencesEdit

Jackson, Kenneth T. The Encyclopedia of New York City. New Haven: Yale University Press, 1995.

Wikipedia. "Dutch East India Company." http://en.wikipedia.org/wiki/Dutch_East_India_Company

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