Danish company of the Western Indies and Guinea
The Danish Company of the Western Indies and Guineas (Vestindisk kompagni gold Det Vestindisk-Guineiske kompagni in Danish) was the company which exploited the the Danish Western Indies (current the United States Virgin Islands), as well as the Danish Coast-with-the Or (current the Ghana).
The United States Virgin Islands were a Danish colony during more than two centuries. They were established with Saint-Thomas in 1670, with Saint-John in 1718 and with Holy-Cross in 1733. The Danish company of the Western Indies is shortly after founded the establishment with Saint-Thomas, the March 11th 1671. Affixing " and of Guinée" takes place the August 30th 1680.
The company developed thanks to the triangular Commerce XVIIe century and XVIIIe century, important of the African slaves in the Western Indies, against raw sugar (which were then transformed into Rhum in the refineries of Flensbourg) and of the Mélasse. The company is responsible for the administration of the colonies until in 1754, date on which the administration of the Western Indies is taken again by the Danish government.
In 1765, transitory Compagnie of Guinea is created to maintain the trade with Coast-in-the Or. It receives the forts of Christianborg and Fredensborg for 20 years. On the other hand, and contrary to the old company, it does not hold a commercial monopoly. The trade is free for all the companies of Denmark, of Norway, of Schleswig and Holstein.
The company is dissolved in 1776, following serious financial problems. One year before, the Danish government had already taken again the control of the forts yielded in 1765.
See too
Related articles
- colonial Empire Danish
- the Danish Western Indies
- List of the governors of the Danish Western Indies
- Coast-in-the Or Danish
Sources
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