Richelieu founds the French companies for Canada and Senegal

(20 words)
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Cardinal Richelieu founds French companies for Canada and Senegal, with sole rights to trade and colonial enterprise with these countries.

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Citation:
Editors. "Richelieu founds the French companies for Canada and Senegal". The Literary Encyclopedia. First published 01 February 2011
[http://www.litencyc.com/php/stopics.php?rec=true&UID=15988, accessed 26 May 2013.]