Middelburgsche Commercie Compagnie: Difference between revisions
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{{Evil_Organization|Image = Middelburgsche Commercie Compagnie symbol - transparent background.png|fullname = Middelburgsche Commercie Compagnie|alias = MCC<br>CCM|origin = Middelburg, Zeeland County, Netherlands|foundation = 1720|dissolution = 1889|headquarters = Middelburg|commanders = |goals = Profit from slave trading <small>(succeeded)</small><br>Go into business repairing ships to avoid being liquidated <small>(failed)</small>|crimes = | {{Evil_Organization|Image = Middelburgsche Commercie Compagnie symbol - transparent background.png|fullname = Middelburgsche Commercie Compagnie|alias = MCC<br>CCM|origin = Middelburg, Zeeland County, Netherlands|foundation = 1720|dissolution = 1889|headquarters = Middelburg|commanders = |goals = Profit from slave trading <small>(succeeded)</small><br>Go into business repairing ships to avoid being liquidated <small>(failed)</small>|crimes = [[Slavery]]|type of villains = Slave Traders}}{{Quote|Middelburg embraced the founding of the MCC, since the company would be based in the city – the city council would have had a high estimation of the possible economic advantages to the city. In addition, the lord governors planned to become shareholders themselves, as can be seen from the signatures of the founding charter. The ties between the city and the new company were strong.|"Middelburgse Commercie Compagnie". Zeeland Archives.}}The '''Middelburgsche Commercie Compagnie (MCC) '''(1720 - 1889), also known as the '''Commerce Company of the city of Middelburg''', or '''CCM''', was the principle Dutch slave trading organization after the monopoly on the Atlantic [[Slave Trade|slave trade]] by the Dutch West India Company was abolished. | ||
The MCC was founded in 1720 in order to stimulate the trading activity in the Dutch city of Middelburg. After the foundation it initially raised about five million guilders in investment, but thanks to a fraud epidemic many investors had to withdraw and the final amount raised was a little less than 1.4 million guilders. | The MCC was founded in 1720 in order to stimulate the trading activity in the Dutch city of Middelburg. After the foundation it initially raised about five million guilders in investment, but thanks to a fraud epidemic many investors had to withdraw and the final amount raised was a little less than 1.4 million guilders. | ||
The company's first transatlantic voyage was in 1732. Until two years prior, the West Indian Company had held a monopoly on slave trading, but they had released their monopoly and so private companies like the MCC could begin profiting from the practice of human trafficking as they had. The slaves were taken from their home countries in Africa and shipped to the Americas, where they were either auctioned off or given away in private sales. The slave ships would return home with the profits from the sales. | The company's first transatlantic voyage was in 1732. Until two years prior, the West Indian Company had held a monopoly on slave trading, but they had released their monopoly and so private companies like the MCC could begin profiting from the practice of [[Human Trafficking|human trafficking]] as they had. The slaves were taken from their home countries in Africa and shipped to the Americas, where they were either auctioned off or given away in private sales. The slave ships would return home with the profits from the sales. | ||
While the company had initially traded in other products besides slaves, in 1756 the board of directors took the decision to trade exclusively in slaves. Between 1756 and 1807 the MCC sent out 114 slave voyages, out of 296 total voyages. | While the company had initially traded in other products besides slaves, in 1756 the board of directors took the decision to trade exclusively in slaves. Between 1756 and 1807 the MCC sent out 114 slave voyages, out of 296 total voyages. |