Explanations for the slow investment by individuals were that shareholders had "no control over the directors' policy and the handling of ordinary investors' money," that it was a "racket" to provide "cushy posts for the directors and their relatives, at the expense of ordinary shareholders. The result was that, during a few years, the company sailed under a foreign flag in South America.
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Inthe company's stock was bought by the Dutch government, and on 1 Januaryall territories previously held by the Dutch West India Company reverted to the rule of Prostitutes Middelburg States General of the Dutch Republic. Please help improve this section by adding citations to reliable sources.
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Dutch West India Company
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