James Edwin Thorold Rogers,
The Story of Nations - Holland…
(1886)
“ In our days, it would be unwise and unjust to confer a monopoly of trade upon any joint-stock company, and to bestow on the members of such a company the power of punishing those who intruded on the privilege so conferred. But it was a very different matter in those times. In the first place, they had to contend against the absolute power of the Spanish government. In the next, the Dutch and the English were a hundred years later in the field than their rivals. ”
