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Deli Company

Deli Company (Dutch language: Deli Maatschappij) is a trading and distribution company in the timber, construction product and tobacco industries. It began as large tobacco plantation and production operation established in 1869 by the Dutch in Sumatra.[1][2] It was granted a land concession by the Sultanate of Deli.[3]

The company relied on immigrant coolie labor.[4] Black shank was a problem and was researched on the plantation.[5] Publicly traded on the Amsterdam stock market, it was the first modern company to pay large annual stock dividends.[4] Jacobus Nienhuys founded the company. A few years later he returned to the Netherlands after being indicted for the death of 7 workers[3] and administration of the company was taken over by Jacob Theodoor Cremer who became its largest shareholder.[6] The company's headquarters was constructed in Medan in 1911.

The company diversified into tea, rubber and other industries and acquired other companies over the years. Deli Company's tobacco business was nationalized by Indonesia along with other Dutch enterprises in 1958 under Indonesian president Sukarno.[3] The state-owned Plantation Nusantara Group (PTP) took over the tobacco business but the Deli Company continued operations in other areas and businesses. It is now a wholly-owned subsidiary of Universal Corporation.[6] The business was established near the Deli River.[6]

History edit

The company was established in Medan, then just a village, but conveniently located at the confluence of the Deli and Babura Rivers.[3] Business grew rapidly.[3] The company gained a commanding position in the area's tobacco trade, running 10 huge estates and eventually controlling exports with a monopoly. It developed railroads including 54 stations and built a field hospital. As the company and Medan grew, the Sultan of Deli (Ma'mun Al Rashid) moved his residence from Labuhan and Medan became the capital of North Sumatra in 1891.[3]

Beside the possessions in Dutch East Indies the Deli Company had a lot of assets[7] in both Amsterdam and Rotterdam to ensure smooth operations, e.g.:

Cigar smoking declined in the 1920s and the industry was hit hard by the Great Depression a decade later.[3]

Gallery edit

See also edit

References edit

  1. ^ The Emergence of a National Economy: An Economic History of Indonesia, 1800-2000 23 July 2016 at the Wayback Machine by Howard W. Dick pages 95, 103
  2. ^ . N.V. Deli Maatschappij. Archived from the original on 13 August 2015. Retrieved 19 August 2015.
  3. ^ a b c d e f g Battle to preserve North Sumatra's smoking past 5 March 2016 at the Wayback Machine Peter Janssen 1 April 2015 Nikkei Asian Review
  4. ^ a b Transforming the Public Sphere: The Dutch National Exhibition of Women’s Labor in 1898 3 May 2016 at the Wayback Machine Maria Grever, Berteke Waaldijk Duke University Press, 2 June 2004 page 136, 152
  5. ^ Black shank of tobacco in the former Dutch East Indies, caused by Phytophthora nicotianae 28 April 2016 at the Wayback Machine: Original papers by Jacob van Breda de Haan, 1895 and Thung Tjeng Hiang, 1931 & 1938 Jan C. Zadoks Sidestone Press, 15 December 2014 page 163, 164
  6. ^ a b c Deli Universal History 8 September 2015 at the Wayback Machine Funding Universe
  7. ^ Rijksdienst voor het Cultureel Erfgoed (Cultural Heritage Agency)

External links edit

deli, company, confused, with, deli, company, dutch, language, deli, maatschappij, trading, distribution, company, timber, construction, product, tobacco, industries, began, large, tobacco, plantation, production, operation, established, 1869, dutch, sumatra, . Not to be confused with Deli company Deli Company Dutch language Deli Maatschappij is a trading and distribution company in the timber construction product and tobacco industries It began as large tobacco plantation and production operation established in 1869 by the Dutch in Sumatra 1 2 It was granted a land concession by the Sultanate of Deli 3 The company relied on immigrant coolie labor 4 Black shank was a problem and was researched on the plantation 5 Publicly traded on the Amsterdam stock market it was the first modern company to pay large annual stock dividends 4 Jacobus Nienhuys founded the company A few years later he returned to the Netherlands after being indicted for the death of 7 workers 3 and administration of the company was taken over by Jacob Theodoor Cremer who became its largest shareholder 6 The company s headquarters was constructed in Medan in 1911 The company diversified into tea rubber and other industries and acquired other companies over the years Deli Company s tobacco business was nationalized by Indonesia along with other Dutch enterprises in 1958 under Indonesian president Sukarno 3 The state owned Plantation Nusantara Group PTP took over the tobacco business but the Deli Company continued operations in other areas and businesses It is now a wholly owned subsidiary of Universal Corporation 6 The business was established near the Deli River 6 Contents 1 History 2 Gallery 3 See also 4 References 5 External linksHistory editThe company was established in Medan then just a village but conveniently located at the confluence of the Deli and Babura Rivers 3 Business grew rapidly 3 The company gained a commanding position in the area s tobacco trade running 10 huge estates and eventually controlling exports with a monopoly It developed railroads including 54 stations and built a field hospital As the company and Medan grew the Sultan of Deli Ma mun Al Rashid moved his residence from Labuhan and Medan became the capital of North Sumatra in 1891 3 Beside the possessions in Dutch East Indies the Deli Company had a lot of assets 7 in both Amsterdam and Rotterdam to ensure smooth operations e g Offices at Herengracht 286 380 and 586 Amsterdam warehouse Het Veem Amsterdam warehouses Medan Bindjeij and Laboean Warehouse Wijnhaven RotterdamCigar smoking declined in the 1920s and the industry was hit hard by the Great Depression a decade later 3 Gallery edit nbsp Fieldworkers with an ox cart and steam plow nbsp Deli Company experimental station in Medan 1919 nbsp Headquarters in Medan circa 1925 nbsp Director s house at the experimental station 1927 nbsp Chinese laborers photo by Kristen Feilberg nbsp Workers nbsp Administrator Nieuwenhuis nbsp H Ingerman principal administrator from 1897 to 1901 at the Deli Company nbsp Portrait of the administrator Van Tijen who served from 1911 1916 with his spouse nbsp Portrait of a hoofdschrijver head clerk with his wife circa 1900 nbsp Employees in Medan 1921 See also editDeli Railway Deli Sultanate Deli Serdang RegencyReferences edit The Emergence of a National Economy An Economic History of Indonesia 1800 2000 Archived 23 July 2016 at the Wayback Machine by Howard W Dick pages 95 103 History N V Deli Maatschappij Archived from the original on 13 August 2015 Retrieved 19 August 2015 a b c d e f g Battle to preserve North Sumatra s smoking past Archived 5 March 2016 at the Wayback Machine Peter Janssen 1 April 2015 Nikkei Asian Review a b Transforming the Public Sphere The Dutch National Exhibition of Women s Labor in 1898 Archived 3 May 2016 at the Wayback Machine Maria Grever Berteke Waaldijk Duke University Press 2 June 2004 page 136 152 Black shank of tobacco in the former Dutch East Indies caused by Phytophthora nicotianae Archived 28 April 2016 at the Wayback Machine Original papers by Jacob van Breda de Haan 1895 and Thung Tjeng Hiang 1931 amp 1938 Jan C Zadoks Sidestone Press 15 December 2014 page 163 164 a b c Deli Universal History Archived 8 September 2015 at the Wayback Machine Funding Universe Rijksdienst voor het Cultureel Erfgoed Cultural Heritage Agency External links editDocuments and clippings about Deli Company in the 20th Century Press Archives of the ZBW Retrieved from https en wikipedia org w index php title Deli Company amp oldid 1194082704, wikipedia, wiki, book, books, library,

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