Louis De Geer (1587–1652)
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Louis De Geer (17 November 1587 – 19 June 1652) was a Walloon-Swedish entrepreneur, banker, industrialist and slave trader, who was part of the prominent De Geer family. A pioneer of
foreign direct investment A foreign direct investment (FDI) is an ownership stake in a company, made by a foreign investor, company, or government from another country. More specifically, it describes a controlling ownership an asset in one country by an entity based i ...
in the
early modern period The early modern period is a Periodization, historical period that is defined either as part of or as immediately preceding the modern period, with divisions based primarily on the history of Europe and the broader concept of modernity. There i ...
, De Geer is considered to be both the father of Swedish industry for introducing Walloon blast furnaces to Sweden and the father of the Swedish slave trade for pioneering Sweden's involvement in the
Atlantic slave trade The Atlantic slave trade or transatlantic slave trade involved the transportation by slave traders of Slavery in Africa, enslaved African people to the Americas. European slave ships regularly used the triangular trade route and its Middle Pass ...
. Furnaces owned by De Geer produced cannons for German Protestants and the
Dutch Navy The Royal Netherlands Navy (, ) is the Navy, maritime service branch of the Netherlands Armed Forces. It traces its history to 8 January 1488, making it the List of navies, third-oldest navy in the world. During the 17th and early 18th centurie ...
and the Dutch
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and West India Companies.


Early life

De Geer was born in
Liège Liège ( ; ; ; ; ) is a City status in Belgium, city and Municipalities in Belgium, municipality of Wallonia, and the capital of the Liège Province, province of Liège, Belgium. The city is situated in the valley of the Meuse, in the east o ...
, a city in the Prince-Bishopric of Liège. He was the son of the industrialist and merchant Louis de Geer de Gaillarmont (1535–1602), and his wife Jeanne de Neille (1557–1641). His family was of Walloon origin and his father came from Liège. His father had previously been married to Maria de Jalhéa in 1563, though the marriage ended when Maria died in 1578. In 1592, one of De Geer's half-sisters, Marie de Geer (1574–1609) married (1569–1636), a Dutch merchant and a director of the
Dutch East India Company The United East India Company ( ; VOC ), commonly known as the Dutch East India Company, was a chartered company, chartered trading company and one of the first joint-stock companies in the world. Established on 20 March 1602 by the States Ge ...
who lived in
Dordrecht Dordrecht (), historically known in English as Dordt (still colloquially used in Dutch, ) or Dort, is a List of cities in the Netherlands by province, city and List of municipalities of the Netherlands, municipality in the Western Netherlands, lo ...
. Presumably due to ongoing turmoil in the Prince-Bishopric of Liège as well as his conversion to
Protestantism Protestantism is a branch of Christianity that emphasizes Justification (theology), justification of sinners Sola fide, through faith alone, the teaching that Salvation in Christianity, salvation comes by unmerited Grace in Christianity, divin ...
, de Gaillarmont sold his properties in Liège in 1595 and followed his daughter to Dordrecht, where since 1589 a neighborhood populated by merchants from Liège had existed. In 1603, De Geer's sister, Margaretha de Geer (1583–1672) married Jacob Trip (1575–1661), brother and partner of Elias, further cementing the relationship between the two merchant families.


Early career

During his time in Dordrecht, De Geer studied under Dutch Calvinist theologian Johannes Polyander. From 1605 to 1608, De Geer trained as coppersmith in Roanne in France, after which he started his first business in
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. Returning to Dordrecht in 1611 he associated himself with his brothers-in-law. In 1612, he married Adrienne Gérard (c. 1590–1634), also originally from Liège, with whom he had 16 children. Having earned a fortune as a banker and industrialist he moved his family to Amsterdam in 1615. Owing to his extensive travels he received a good education in business.


Later career and death

With the outbreak of the
Thirty Years' War The Thirty Years' War, fought primarily in Central Europe between 1618 and 1648, was one of the most destructive conflicts in History of Europe, European history. An estimated 4.5 to 8 million soldiers and civilians died from battle, famine ...
, the demand for weapons in Europe increased enormously. In 1618, De Geer delivered weapons to Swedish King
Gustavus Adolphus Gustavus Adolphus (9 December N.S 19 December">Old_Style_and_New_Style_dates.html" ;"title="/nowiki>Old Style and New Style dates">N.S 19 December15946 November Old Style and New Style dates">N.S 16 November] 1632), also known in English as ...
. Impressed by his business instincts, the Government of Sweden, Swedish government allowed him to lease estates near Finspång in the province of Östergötland. Before long, De Geer had established a profitable workshop industry there. In 1623 he was active in a Swedish trading company. The Swedish government continued to support him and De Geer received the official monopoly on the copper and iron trade in Sweden. De Geer, due to his businesses in the country, eventually immigrated to Sweden in 1627. By doing so, he hoped to avoid paying the Dano-Norwegian Sound Tolls on all foreign merchantmen crossing the Sound. In 1634, De Geer bought the '' Huis met de Hoofden'', a canal house on the Keizersgracht in Amsterdam. His wife died after giving birth to their sixteenth child. In 1640, De Geer moved to Sweden again and was ennobled by the Swedish Crown. Thanks to his accrued wealth and status as a noble, De Geer was able to purchase three-quarters of leased farmlands on his Östergötland estates. his estate in
Stockholm Stockholm (; ) is the Capital city, capital and List of urban areas in Sweden by population, most populous city of Sweden, as well as the List of urban areas in the Nordic countries, largest urban area in the Nordic countries. Approximately ...
houses the Dutch embassy in Sweden. In the employ of Swedish statesman Axel Oxenstierna, De Geer travelled to
Amsterdam Amsterdam ( , ; ; ) is the capital of the Netherlands, capital and Municipalities of the Netherlands, largest city of the Kingdom of the Netherlands. It has a population of 933,680 in June 2024 within the city proper, 1,457,018 in the City Re ...
to support the Swedish war effort in the Torstenson War against
Denmark–Norway Denmark–Norway (Danish language, Danish and Norwegian language, Norwegian: ) is a term for the 16th-to-19th-century multi-national and multi-lingual real unionFeldbæk 1998:11 consisting of the Kingdom of Denmark, the Kingdom of Norway (includ ...
. Upon the outbreak of war in 1644, De Geer singlehandedly outfitted a fleet of Swedish ships for use against the Danish navy. The fleet contained thirty-two fully manned ships each with a full marine complement, with which Sweden was able to capture the island of Fehmarn. A year after the war ended in 1646, De Geer organized a Swedish trading expedition to Africa. The following year the expedition returned to Sweden, bringing home sugar, gold, ivory and enslaved Africans, which had been purchased from the Gold Coast; De Geer gifted four enslaved Africans to Oxenstierna. After De Geer's monopoly on the Swedish copper trade expired in 1648, he founded the Swedish Africa Company the next year, which led outraged citizens in Amsterdam to riot. The company was founded to engage in the triangular trade and traded in plate copper, iron, gold, ivory, slaves, tobacco, sugar, silver and salt, representing Sweden's first foray into the
Atlantic slave trade The Atlantic slave trade or transatlantic slave trade involved the transportation by slave traders of Slavery in Africa, enslaved African people to the Americas. European slave ships regularly used the triangular trade route and its Middle Pass ...
. In 1650, an expedition by slave trader Hendrik Carloff on behalf of the company founded the Swedish Gold Coast to conduct trade with local African kingdoms. In 1652, De Geer fell ill during a voyage to Sweden, and returned to Amsterdam, where he died. He was buried in the family grave in the in Dordrecht.


Legacy

In 2014, Swedish artist Carl Johan De Geer (a direct descendant of Louis) organized an exhibition about him in the city of Norrköping, Sweden, titled "Reflections on the barbaric 17th century". The exhibition focused on Louis' involvement in Swedish industry and slave trading. In an '' Norrköpings Tidningar'' article, Carl noted how the legacy of his ancestor had impacted him, noting that he had been publicly confronted about Louis' involvement in slave trading in addition to receiving a phone call asking whether or not he would be interested in renovating Fort Carolusborg, a Ghanaian slave castle constructed by the Swedish Africa Company. Carl also received a phone call from a Brazilian man with the De Geer surname whose ancestors had been enslaved and transported by the Swedish Africa Company to
Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...
. In response to these developments, Carl publicly made plans to construct a miniature model of Fort Carolusborg in Norrköping, as part of an effort to overturn a "romanticized view of the Swedish 17th-century".


References

{{DEFAULTSORT:Geer, Louis De 1587 births 1652 deaths 17th-century Dutch businesspeople 17th-century merchants 17th-century Swedish businesspeople Dutch metalsmiths Expatriates in Sweden Expatriates from the Dutch Republic Dutch slave traders Dutch people of Walloon descent People from Dordrecht Businesspeople from Liège De Geer, Louis Walloon emigrants to the Dutch Republic People from the Swedish Empire Swedish industrialists Swedish slave traders People from the Prince-Bishopric of Liège Louis 17th-century slave traders Coppersmiths