Dissertation_A Bick_May 25 - DataSpace at Princeton University
Dissertation_A Bick_May 25 - DataSpace at Princeton University
Dissertation_A Bick_May 25 - DataSpace at Princeton University
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coll<strong>at</strong>eral to borrow an additional 2 million guilders to finance the company's trade to Brazil. 35<br />
This was a risky str<strong>at</strong>egy, but the author believed th<strong>at</strong> profits from the Brazil trade would more<br />
than repay the new investment.<br />
Most of the chambers opposed reinst<strong>at</strong>ing the company's monopoly, as we have seen<br />
already, but the idea of raising additional priv<strong>at</strong>e capital enjoyed broad support. Actually raising<br />
new money proved more difficult than anticip<strong>at</strong>ed. In Zeeland, the chamber for which the best<br />
records remain, new subscription books opened to investors simultaneously in the three cities of<br />
Middelburg, Vlissingen, and Veere on August 26, 1636. 36 Abraham Bischop and Pieter Alleman,<br />
who had helped negoti<strong>at</strong>e the terms of the verhoging with deleg<strong>at</strong>es from Amsterdam and the<br />
other chambers, served as the commissioners. 37 During the first month less than 70,000 guilders<br />
were raised in Middelburg, and although investors included influential directors such as Jan van<br />
der Merct, Jan Louys, and Pieter van Essen, many others stayed away. 38 On September 27, the<br />
m<strong>at</strong>ter came to a head: the chamber's hoofdparticipanten insisted th<strong>at</strong> they would invest further<br />
funds only if they could be assured th<strong>at</strong> these funds would go straight to Brazil, and if the<br />
chamber's directors were forbidden from particip<strong>at</strong>ing in the priv<strong>at</strong>e trade. 39 On October 6 the<br />
hoofdparticipanten were assured th<strong>at</strong> these conditions would be met, and the chamber's directors<br />
collectively “took a solemn o<strong>at</strong>h not to trade [to Brazil] on their priv<strong>at</strong>e accounts.” 40 Cornelis<br />
Lampsins of Vlissingen (1600-1664), who indic<strong>at</strong>ed th<strong>at</strong> he would r<strong>at</strong>her lose his se<strong>at</strong> as a<br />
<br />
35 NA 1.01.07, inv.nr. 1<strong>25</strong>64.5. Discourse ondervrage en antwoort hoe die Westind. Comp. sal comen gestabiliseert<br />
en gebeneficeert worden buyten costen vant lant, tot merckel. voordeel van die participanten.<br />
36 NA 1.05.01.01, inv.nrs. 77, 78, and 79.<br />
37 NA 1.05.01.01, inv.nr. 22, entry for August 21, 1636.<br />
38 NA 1.05.01.01, inv.nr. 77. Note th<strong>at</strong> the sums listed in the manuscript are in Flemish pounds. By September 27,<br />
investors in Middelburg has subscribed 11,235 Flemish pounds, equal to 67,410 guilders.<br />
39 NA 1.05.01.01, inv.nr. 22, entry for September 27, 1636.<br />
40 Ibid., entry for October 5, 1636. “Alle de Bewindhebberen van de vergaderinge gedaen hebbende den eedt,<br />
achtervolgens de resolutie van de negentiene van op brasyl in haer particuliere nyet te handelen, als alleen d’heer<br />
Lampsins.”<br />
183