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Dutch Primacy in World Trade, 1585–1740$
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Jonathan I. Israel

Print publication date: 1990

Print ISBN-13: 9780198211396

Published to Oxford Scholarship Online: March 2012

DOI: 10.1093/acprof:oso/9780198211396.001.0001

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Beyond the Zenith, 1672–1700

Beyond the Zenith, 1672–1700

Chapter:
(p.292) 7 Beyond the Zenith, 1672–1700
Source:
Dutch Primacy in World Trade, 1585–1740
Author(s):

Jonathan I. Israel

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198211396.003.0007

Although customs returns show that there was in fact no decline in actual levels of trade as yet, immediate prospects for the Dutch entrepôt looked precarious in the extreme. France, its army at a peak of readiness, was drifting towards war with the Dutch Republic and there was every likelihood that England or Sweden, or both, would join in the French attack. By early 1672, the Amsterdam Exchange was acutely jittery. Share prices began to slide. The English resumed their harassment of Dutch ships on the high seas. Finally, on the sixth of April 1672, Louis XIV declared war, mobilizing both his army and his navy and prohibiting all trade between France and the Republic. England followed suit the next day. A new phase, Phase Five in the history of the Dutch world entrepôt, had begun.

Keywords:   trade, entrepôt, France, Dutch Republic, England, Sweden, Amsterdam Exchange, Louis XIV, war

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