 It would be the responsibility of the new Revenue-Marine to enforce the tariff and all other maritime laws.Although tangential to American maritime history, 1799 saw the fall of a colossus of the world's maritime history.The Dutch East India Company, established on March 20, 1602, when the Estates-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia, formerly the world's largest company, became bankrupt, partly due to the rise of competitive free trade.