| The Dutch East India Company (Dutch: Vereenigde Oostindische Compagnie or VOC), chartered in 1602, concentrated Dutch trade efforts under one directorate with a unified policy. In 1605 armed Dutch merchantmen captured the Portuguese fort at Amboyna in the Moluccas, which was developed into the first secure base of the VOC. The Twelve Year's Truce signed in Antwerp in 1609 called a halt to formal hostilities between Spain (which controlled Portugal and its territories at the time) and the United Provinces. In the Indies, the foundation of Batavia formed the permanent center from which Dutch enterprises, more mercantile than colonial, could be coordinated. From it "the Dutch wove the immense web of traffic and exchange which would eventually make up their empire, a fragile and flexible one built, like the Portuguese empire, 'on the Phoenician model'." (Braudel 1984, p. 215)One after another the Dutch took the great trading ports of the East Indies: Malacca in 1641; Achem (Aceh) the native kingdom in Sumatra, 1667; Macassar, 1669; finally Bantam itself, 1682. At the same time connections in the ports of India provided the printed cottons that the Dutch traded for pepper, the staple of the spice trade.The greatest source of wealth in the East Indies, Fernand Braudel has noted, was the trade within the archipelago, what the Dutch called inlandse handel, where one commodity was exchanged for another, with profit at each turn, with silver from the Americas, more desirable in the East than in Europe.By concentrating on monopolies in the fine spices, Dutch policy encouraged monoculture: Amboyna for cloves, Timor for sandalwood, the Bandas for mace and nutmeg, Ceylon for cinnamon. Monoculture linked island economies to the mercantile system to provide the missing necessities of life. Dutch East Indies |  |