Investing in Engenhos: Credit, Claims, and Sugar Mills in Dutch Brazil

This article examines the issue of private investment in the seventeenth-century Dutch colony in Brazil. For the first time, new archival discoveries allow for a reconstruction of the size of private investment in the colony, as well as a breakdown into distinct investment activities. The article argues that private investment was an absolute necessity for the West India Company in the hope of making its colony successful, as it could not provide the required funds by itself. Private individuals claimed to have invested over eleven million guilders in the colony, nearly one-and-a-half times th... Mehr ...