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The Twilight of the East India Company - The Evolution of Anglo-Asian Commerce and Politics, 1790-1860 (Hardcover, New)
Loot Price: R2,487
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The Twilight of the East India Company - The Evolution of Anglo-Asian Commerce and Politics, 1790-1860 (Hardcover, New)
Series: Worlds of the East India Company
Expected to ship within 12 - 19 working days
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Examines how and why the East India Company was transformed from a
commercial trading company to an institution of government, and
then abolished. This book examines the development of British
commercial, financial and political relations with India and the
Far East during the final period of the East India Company's reign
as the sovereign power in India. This was a most turbulent period
for British commerce with India. The period began with the renewal
of the East India Company's Charter and its component monopolies of
trade with India and China, but this was quickly followed by the
outbreak of theNapoleonic Wars, which spread to the east and saw
the completion of Britain's assertion of power over India and much
of Southeast Asia. However, the war also strengthened those
political forces in Britain campaigning against the Company's
monopolies of trade with India and China, which were consequently
abolished under the Charter Acts of 1813 and 1833. The spectacular
growth of the British economy following industrialisation brought
new forces to bear upon India, with the rise of manufactured
exports to the east. But the course of commercial relations did not
run smoothly, and economic crises in Britain and India in 1833 and
1848 swept away commercial firms in both countries, andcaused
severe economic retrenchments. This instability severely hampered
efforts to facilitate the export of capital to India during the
first half of the century. Finally the rebellion of 1857 spelt the
death knell for the Company, and ushered in a new phase of
Anglo-Indian economic relations, in which British foreign
investment grew substantially. Anthony Webster is Head of the
History Department at Liverpool John Moores University.
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