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People: Rahmah ibn Jabir al-Jalahimah

The last in a series of Anglo-Dutch …

Years: 1684 - 1827

The last in a series of Anglo-Dutch wars cost the Netherlands, including the VOC and its far-flung interests, dearly in the early 1780s.

Nearly half the company's ships are lost, and much of their valuable cargoes; enormous debts accumulate, which, despite state loans, cannot be repaid.

While the company certainly is burdened with other fiscal and administrative problems, among them a high level of corruption among its employees, the British war seems to have been the critical factor in its fiscal collapse.

In 1796 the VOC is placed under the direction of a national committee until the end of 1799, when it is liquidated, its debts and possessions absorbed by the Dutch government.

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