Netherlands East Indies Paper Currency 1815-1827 by Theo van Elmpt
When Napoleon occupied the Netherlands in 1795, he not only occupied what is now Belgium and Holland, but also took over the government of the Dutch colonies in the East and West Indies by proxy. The Dutch Stadholder Willem V, who had fled to Britain, therefore voluntarily surrendered the colonies to the British, but only after they had promised him that they would return the colonies after the French had been defeated. He ordered the governments of the Dutch colonies to pledge allegiance to the British Crown. The British actually took possession of the East Indies in 1811, after Thomas Stanford Raffles defeated the French in Java, and a caretaker government was subsequently formed from 1811 to 1816.
After Napoleon's defeat at Waterloo, the Kingdom of the Netherlands was established as a constitutional monarchy in 1813. On 27 September 1815, Prince Willem V was crowned in Brussels as King Willem I of the Netherlands. One of his first priorities was to reclaim the Dutch East Indies from the British but only in August 1816 was the territory actually handed over, largely because of the lack of co-operation by Raflles. However, the necessary preparations for the hand-over were nevertheless put in place.
It was clear that one of the main problems to be immediately addressed upon the return of the colony, was the chaotic monetary situation on Java and its Dependencies. In 1814, a mixture of paper currencies, issued earlier under the Verenigde Oostindische Company (VOC), and the French and British rule, was still in general circulation such as the British Treasury note, the Java Rupees (also issued by the British) and the Lombard Bank banknotes.
This book gives an in-depth description of the paper currencies issued to replace existing financial instruments, as well as a hitherto unknown series of notes that was produced and ready for issue but was never put into circulation.
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