However, the news censorship not only failed to stabilize the stock price of the Dutch East India Company but also triggered market panic.
Although almost all the newspapers carried articles like "the situation at the Cape of Good Hope will not affect the East India Company too much," the citizens of Amsterdam were evidently more inclined to believe other sources of information.
For instance, the large number of pamphlets that appeared on the streets.
As early as the day De Witt received the order from the Crown Prince, the printing presses in Brussels had already begun secretly preparing these pamphlets—a task trivial for a French news publishing agency accustomed to large-scale public opinion warfare.
Over 30,000 pamphlets of various styles flooded into Amsterdam.
Note that the total population of this city is barely over 170,000. Virtually a copy for each household.