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Amsterdam - Wikipedia, the free encyclopedia

The Oude Kerk was consecrated in


1306.

https://en.wikipedia.org/wiki/Amsterdam

Amsterdam's founding is relatively


recent compared with much older Dutch
cities such as Nijmegen, Rotterdam, and
Utrecht. In October 2008, historical
geographer Chris de Bont suggested that
the land around Amsterdam was being
reclaimed as early as the late 10th
century. This does not necessarily mean
that there was already a settlement then
since reclamation of land may not have
been for farmingit may have been for
peat, used as fuel.[23]

A woodcut depicting
Amsterdam as of 1544. The
famous Grachtengordel had
not yet been established.

Amsterdam was granted city rights in either 1300 or 1306.[24] From the 14th
century on, Amsterdam flourished, largely because of trade with the Hanseatic
League. In 1345, an alleged Eucharistic miracle in the Kalverstraat rendered the city an important place of
pilgrimage until the adoption of the Protestant faith. The Stille Omganga silent procession in civil attireis
today a remnant of the rich pilgrimage history.[25]

Conflict with Spain


In the 16th century, the Dutch rebelled against Philip II of Spain and his
successors. The main reasons for the uprising were the imposition of new taxes,
the tenth penny, and the religious persecution of Protestants by the Spanish
Inquisition. The revolt escalated into the Eighty Years' War, which ultimately
led to Dutch independence.[26] Strongly pushed by Dutch Revolt leader
William the Silent, the Dutch Republic became known for its relative religious
tolerance. Jews from the Iberian Peninsula, Huguenots from France, prosperous
merchants and printers from Flanders, and economic and religious refugees
from the Spanish-controlled parts of the Low Countries found safety in
Amsterdam. The influx of Flemish printers and the city's intellectual tolerance
made Amsterdam a centre for the European free press.[27]

Center of the Dutch Golden Age

Courtyard of the Amsterdam


Stock Exchange by Emanuel
de Witte, 1653. The
Amsterdam Stock Exchange
was the first stock exchange to
introduce continuous trade in
the early 17th century.

The 17th century is considered Amsterdam's Golden Age, during which it


became the wealthiest city in the world.[28] Ships sailed from Amsterdam to the
Baltic Sea, North America, and Africa, as well as present-day Indonesia, India, Sri Lanka, and Brazil, forming
the basis of a worldwide trading network. Amsterdam's merchants had the largest share in both the Dutch East
India Company and the Dutch West India Company. These companies acquired overseas possessions that later
became Dutch colonies. Amsterdam was Europe's most important point for the shipment of goods and was the
leading Financial Centre of the world.[29] In 1602, the Amsterdam office of the Dutch East India Company
became the world's first stock exchange by trading in its own shares.[30]

Decline and modernization


Amsterdam's prosperity declined during the 18th and early 19th centuries. The wars of the Dutch Republic with
England and France took their toll on Amsterdam. During the Napoleonic Wars, Amsterdam's significance

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