After the disastrous Anglo-Dutch War of 1666 France found the French West India company to have failing fortunes. On April 9, 1672, Menjot, conseilleur, and Guillaume Mesnager, a stockholder and former director, were instructed to prepare the liquidation of the company’s effects. This revocation was owing partly to the poverty of the company, caused by its losses in the wars with England, which had caused it to borrow large sums; and even to alienate its exclusive privilege for the coasts of Guinea, but also to its having in good measure answered its end, which was to recover the commerce of the West Indies from the Dutch, who had largely taken it away from them. The French merchants being so accustomed to traffic and trade to the Antilles, by permission of the company, and were so attached to it, that it was not doubted they would support the commerce after the dissolution of the company. Cayenne and Canada are specifically mentioned in regard to the repayment of debts by quantities of “sugar or other merchandise.”