Netherlands Trading Society
Dutch organization
Also known as: NHM, Nederlandsche Handel-Maatschappij
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history of Indonesia
- In Indonesia: The Culture System
…formation in 1824 of the Netherlands Trading Society (Nederlandsche Handel-Maatschappij; NHM)—a company embracing all merchants engaged in the East Indies trade and supported by the government of The Netherlands with the king as its chief shareholder—did not produce the hoped-for commercial expansion. In 1830, however, a newly appointed governor-general, Johannes…
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significance to the Netherlands
- In Netherlands: King William I
…sponsored the formation of The Netherlands Trading Society, a nominally private firm that undertook the important but costly and risky enterprise of reorganizing Dutch long-distance trade and shipping, particularly to the Netherlands East Indies, which England returned to Dutch sovereignty as part of the peace settlement. With the reopening of…
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