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By Kristof Glamann

The current monograph has grown out of a superb a long time of analysis of the background of the ecu alternate to the East Indies. The starting-point really was once Danish. Having handled the historical past of the Danish Asiatic corporation in the course of the interval 1732-1772 I went overseas to be able to familiarize myself with the historical past to the reorganization of Danish exchange approximately 1732. It used to be in particular the prospective connexion with the dissolved Ostend corporation and the counter-measures, diplomatic in addition to financial, of the Dutch, English, and French businesses that me. via those investigations I acquired familiar with some of the Northwest eu corporation files and shortly discovered that the Dutch files provided a wealthy fabric, in particular as regards amounts and costs. A examine at the Dutch Company's exchange in eastern copper, an issue which had formerly occupied Scandinavian historians in con­ nexion with the query of the prestige of Swedish copper at the ecu industry within the seventeenth century, amplified my wisdom of the files within the Hague to this kind of measure that I dared to take on the better item of giving an outline of the Company's exchange as an entire in the course of its heyday. On numerous issues it proved to be essential to make comparative in­ vestigations, specifically within the English East India Company's files in London.

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Ibid. 25 August 1629. , ibid. 17 March 1629. 71 Ibid. 10 August 1627. 72 Ibid. 31 October 1628 and 22 August 1629. The Chinese silk of the "Vianen" was sold to Christoffel Roephoen & Co. in March, 1629, ibid. 19 March 1629. 03 Ibid. 2 I July 1628. 74 Ibid. I November 1628 and 23 August 1629. 5 Ibid. 27 August 1629 and March 1630, Item 5. 69 •0 THE FACTORY NEDERLAND the returns and they fixed the terms at the sales. Therefore bewindhebbers should neither directly nor indirectly be allowed to share in contracts on the buying side.

Armo;:,ijnen, a thin, satin-like material named after the town Ormuz and much used for linings, and atlassen, which were both a fine silk and a kind of piecegoods made of the same material. Allegiassen were brilliant, multicoloured silk cloths, gilams were cloths woven of Persian silk, but the Company also bought gilams from China. Pansjes was the name of a small-size cotton material which was re-exported to Africa, where it was used by the Africans as a loin-cloth, as well as a white silk material bought by the Company in China.

BUYERS Already before the goods were unloaded, the great work of arranging the sale was started, which was an international event. All over Europe merchant's houses waited for bulletins from Amsterdam. Their Netherlands correspondents sent advance reports about the expected offer and the state of the market. Printed lists of different provenience of the cargoes were dispersed in the main languages, but the decisive announcement, of course, was the Heeren XVII's notice of the sales. Below, in connexion with the discussion of the various commodities we shall try to elucidate the conditions of the market in more detail.

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