It is singular to observe the fertile erections of monopoly in a state founded on principles of commercial freedom. The East and West India companies, the Greenland company, and others, were successively formed. By the effect of their enterprise, industry and wealth, conquests were made and colonies founded with surprising rapidity. The town of Amsterdam, now New York, was founded in 1624; and the East saw Batavia rise up from the ruins of Jacatra, which was sacked and razed by the Dutch adventurers. The Dutch and English East India companies, repressing their mutual jealousy, formed a species of partnership in 1619 for the reciprocal enjoyment of the rights of commerce. But four years later than this date an event took place so fatal to national confidence that its impressions are scarcely yet effaced--this was the torturing and execution of several Englishmen in the island of Amboyna, on pretence of an unproved plot, of which every probability leads to the belief that they were wholly innocent. This circumstance was the strongest stimulant to the hatred so evident in the bloody wars which not long afterward took place between the two nations; and the lapse of two centuries has not entirely effaced its effects. Much has been at various periods written for and against the establishment of monopolizing companies, by which individual wealth and skill are excluded from their chances of reward. With reference to those of Holland at this period of its history, it is sufficient to remark that the great results of their formation could never have been brought about by isolated enterprises; and the justice or wisdom of their continuance are questions wholly dependent on the fluctuations in trade, and the effects produced on that of any given country by the progress and the rivalry of others.