Published online by Cambridge University Press: 24 February 2006
In 1750 Frederick II of Prussia created a new trade company in Emden. Diplomats, merchants, and other observers in Britain, France, the Netherlands, and Hamburg reacted with great concern to this Prussian bid to join the world of overseas commerce. These concerns were not unfounded. Frederick pursued his goal with great determination. The article explains why Prussia embarked on this ultimately unsuccessful venture and why established commercial powers such as Britain or the Netherlands felt threatened by the new competitor. In this context the article explores an international debate about political economy that was associated with the creation of the Prussian trade company. This debate took place in Britain, the Netherlands, Hamburg, and Prussia. The case of the Prussian Asiatic trade company suggests that the concepts of Oceanic and Atlantic history need to be extended beyond the narrow stretch of coastal regions. In the Prussian case the drive to join the world of overseas commerce originated from the inland and from a country that had traditionally been oriented towards overland commerce and European expansion. The study of the events and debates associated with the creation of the trade company also suggests a partially new perspective on Prussia's economic policies in the period.