Compagnie De Calonne
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Compagnie De Calonne
The Compagnie de Calonne was the last iteration of the ''Compagnie des Indes'', a series of French state-sponsored ventures to compete with the British East India Company and Dutch East India Company. It was established in 1785 at the initiative of Charles Alexandre de Calonne, and eventually liquidated in 1794 in the turmoil of the French Revolution. Overview Following the liquidation of the French Indies Company in 1770, a new company was reconstituted in 1785, and issued 40,000 shares of stock, priced at 1,000 livres apiece. It was given monopoly on all trade with countries beyond the Cape of Good Hope for an agreed period of seven years. Unlike the previous iterations of the French Indies Company, the new venture did not hold civil or military power in its overseas outposts, nor did it fully control the port infrastructure at Lorient which by then belonged to the French Navy. Even so, it had a promising start, but that was cut short by the French Revolution. On 3 April 1 ...
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East India Company
The East India Company (EIC) was an English, and later British, joint-stock company that was founded in 1600 and dissolved in 1874. It was formed to Indian Ocean trade, trade in the Indian Ocean region, initially with the East Indies (South Asia and Southeast Asia), and later with East Asia. The company gained Company rule in India, control of large parts of the Indian subcontinent and British Hong Kong, Hong Kong. At its peak, the company was the largest corporation in the world by various measures and had its own armed forces in the form of the company's three presidency armies, totalling about 260,000 soldiers, twice the size of the British Army at certain times. Originally Chartered company, chartered as the "Governor and Company of Merchants of London Trading into the East-Indies," the company rose to account for half of the world's trade during the mid-1700s and early 1800s, particularly in basic commodities including cotton, silk, indigo dye, sugar, salt, spices, Potass ...
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Georges Danton
Georges Jacques Danton (; ; 26 October 1759 – 5 April 1794) was a leading figure of the French Revolution. A modest and unknown lawyer on the eve of the Revolution, Danton became a famous orator of the Cordeliers Club and was raised to governmental responsibilities as the French Minister of Justice following the fall of the monarchy on the tenth of August 1792, and was allegedly responsible for inciting the September Massacres. He was tasked by the National Convention to intervene in the military conquest of Belgium led by General Dumouriez, and in the spring of 1793 supported the foundation of a Revolutionary Tribunal, becoming the first president of the Committee of Public Safety. During the Insurrection of 31 May – 2 June 1793, Danton changed his mind on the use of force and lost his seat in the committee afterwards, which solidified the rivalry between him and Maximilien Robespierre. In early October 1793, Danton left politics but was urged to return to Paris to ...
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Trading Companies Of France
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. Traders generally negotiate through a medium of credit or exchange, such as money. Though some economists characterize barter (i.e. trading things without the use of money) as an early form of trade, money was invented before written history began. Consequently, any story of how money first developed is mostly based on conjecture and logical inference. Letters of credit, paper money, and non-physical money have greatly simplified and promoted trade as buying can be separated from selling, or earning. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labor, a predominant form of economic activity in which individuals and groups concentra ...
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