HIS103Y1 Lecture Notes - Dutch East India Company, Nijmegen
Document Summary
Louis saw that the northern border = most vulnerable. He had to settle and think about how to avenge this loss. Dutch republic = economic power house of europe. Dutch maritime activities controlling sea routes, new colonies in places all over the world. Dutch stock exchange = wall street of this time. Bank of amsterdam = most important bank billion (today) French - new financial minister - personal goal. Surpass dutch and make france most supreme economic state of europe. Nowhere near dutch in efficiency and economic vertical. French would have to somehow to undermine the dutch economy. 1664 - made dutch imports into france more expensive. Dutch = retaliate by dumping french goods and undermine it. Louis could also take over dutch, incorporate it to be a part of french economy to become the best. French approached english (charles ii) - quite fond of french system,
