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Dutch West India Company - Wikipedia, the free encyclopedia (584 words) |
 | The WIC was organised similar to the (far greater and richer) Dutch East India Company (VOC), which had a trade monopoly for Asia (mainly present Indonesia) since 1602, except for the fact that the WIC was not allowed to conduct military operations without approval of the Dutch government. |
| Another success for the WIC was the capture of a fleet carrying silver from the Spanish colonies to Europe by Piet Hein in 1628 - piracy was one of the objectives of the WIC. |
| After the English took control of Suriname for several years in the 1780s, the WIC appeared unable to recover from this, and in 1791, the stocks of the company were bought by the Dutch government, and the territories were placed under its control. |
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