As we discuss privatization, the use of FASAB 56 to facilitate secret government and corporate finances, and the changing roles of corporations, it is worth revisiting the history of the Dutch East India Company. Like its British competitor, the East India Company, it was authorized by charter to wage war, conquer and occupy territory, and tax.
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At time 5.30 in this video it states that in the 17th century The Dutch East India Company traded silks from India with Japan in exchange for Japan’s famous and crucial supply of silver. My understanding is that in the 17th century, Japan was a poor and feudal country. It was only during the Meiji restoration that Japan became an economic power leading to the defeat of Russia in 1904.
I have never heard of the “famous and crucial” supply of Japanese silver. Where can I learn more about this?