HIS 2326 Lecture Notes - Lecture 9: Mughal Empire, Nepotism, Responsible Government
Document Summary
1820s-30s, those in power wanted to maintain in india, got involved in places around the subcontinent - boarder wars (nepal, afghan, bruma,etc. ) Eic became belligerent and territorial in how it saw subcontinent. Creation of funds and seizure of land was hand in hand. 1790s- processions of territorial gains seen as needed. 1810s - eic economic role had been undermined by nature of trade/trade patterns. 1813 - british government took eic"s monopoly on trade in india - other british merchants could trade in subcontinent. 1833 - loses monopoly on trade with china. Emergence of demand for free trade, went with demands for reform in britain, takes off after. Reform getting out of hand worried britain until defeat of napoleon. By early 1800s became a government, relied on taxation over trade, land over goods. Bayley - tribute and taxation was important to fund eic trade activities, needed to pay shareholders, !