The
Danish West India Company or
Danish West India-Guinea Company () was a Danish
chartered company that exploited colonies in the
Danish West Indies. It was founded as the Danish Africa Company in 1659 in
Glückstadt by two Dutchmen Isaac Coymans and Nicolaes Pancras. Included were the
Caribbean islands of
St. Thomas,
St. John, and
St. Croix (which are today’s
United States Virgin Islands) and the
Danish Gold Coast in present-day
Ghana.
The
Virgin Islands were a Danish colony from the 17th century. The Danes settled St. Thomas in 1672, St. John in 1718, and St. Croix in 1733. The
Vestindisk kompagni was established March 11, 1671, and from August 30, 1680, became known as
Det Vestindisk-Guineiske kompagni.
In the 17th and 18th centuries, the company flourished from the North Atlantic
triangular trade routes. Slaves from the Gold Coast of Africa were traded for molasses and rum in the West Indies. The company administered the colonies until 1754, when the Danish government's "Chamber of Revenues" took control. From 1760 to 1848, the governing body was known as
Vestindisk-guineiske rente- og generaltoldkammer. This led to a brief establishment of
Det Guineiske kompagni via Royal resolution of March 18, 1765, to maintain the trade with the Danish Gold Coast colonies. In November, they received the forts of Christiansborg and Fredensborg for 20 years. The company, however, never enjoyed a trade monopoly like the
Dutch West India Company. Competition for trade remained...
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