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 the Napoleonic Wars, which spread to the east and saw the completion of Britain's assertion of power over India and much of Southeast Asia.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, and caused severe economic retrenchments.
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Manufacturer/Publisher: Boydell Press
Author: Anthony Webster