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Why did Albrecht von Wallensteinâs trading-company plan fail?
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Albrecht von Wallenstein
Albrecht von Wallenstein, portrait by Anthony van Dyck, 1629; in the Bavarian State Painting Collections, Munich.
Albrecht von Wallensteinâs plan to establish a great trading companyâintended to challenge Dutch and English maritime commerceâcollapsed because his general, Hans Georg von Arnim, failed to capture the city of Stralsund.1
The conquest of Stralsund was essential to the project, as it would have served as a first-rate naval base for the enterprise, which Wallenstein had envisioned as a partnership between the emperor, Spain, and the Hanseatic towns.1