British India Flashcards
IMPORTANT: EAST INDIA COMPANY CHARTED SIGNED
1600, the royal charter SIGNED by Elizabeth the 1st. Allowing the East India Company, based in England to operate, trade in India, a royal Licence that allowed them to go so far.
First factories
Bombay, Surat, Calcutta
British Civil War 1642 and Anglo Dutch war going on.
1858 the end of the company
The government takes over and it becomes a public company
Why go there?
- Nationalistic reasons, because we can. 2. Religion, évangeliser
- Plunder, piracy. Gems, ceramics, spices. 4. Scientific cultural research
What was the East to the E.U nations?
During the era of the East India Company, Europeans frequently used the term “East Indies” to refer to the islands and regions of Southeast Asia that were rich in spices and other valuable goods. This term encompassed present-day Indonesia, parts of Malaysia, and other nearby islands.
They also referred to “India” specifically when talking about the subcontinent, which included areas under Mughal control and other regional powers. The broader terms “the East” and “Asia” were used more generally to describe the larger regions beyond Europe, but for specific trade and colonial activities, “East Indies” and “India” were the primary
How was it, the competition in the spice Islands?
England: The British East India Company was one of the most prominent players in the spice trade and had significant influence in India and China1
.
Netherlands: The Dutch East India Company (VOC) was another major player, focusing on the spice trade in the Indonesian archipelago, particularly the Maluku Islands (the Spice Islands)2
.
Portugal: The Portuguese were among the first European powers to establish a presence in the spice trade, particularly in India and the Maluku Islands3
.
France: The French also engaged in the spice trade and had their own East India Company, although they were not as dominant as the British and Dutch.
Spain: While Spain was more focused on the Americas, they also had some involvement in the spice trade through their colonies in the Philippines.
Competition for the islands
Portuguese were already there, the Dutch as well, in the East indies, trade.
Afterwards, involvement from the E.I.C
And France, even Spain
Amboyna massacre, Anglo Dutch wars
1623 Accusations of Treason: The massacre involved the torture and execution of 21 men, including 10 English India com. Japanese and Portuguese traders, and a Portuguese man1
. They were accused of conspiring to overthrow the Dutch East India Company (VOC) and hand over the fort to the English1
Orientalism
A term of how the western cultures perceived Asia, the East.
Said argued that these representations were often stereotypical, exotic, and patronizing, and served to justify colonial ambitions. By portraying Eastern societies as backward, mysterious, or exotic, Western powers could rationalize their dominance and control over these regions.
India wasn’t the desired location…
The first desired location for the East India Company was the East Indies, specifically the Maluku Islands (also known as the Spice Islands) in present-day Indonesia1
. These islands were highly sought after for their valuable spices like cloves, nutmeg, and mace, which were in high demand in Europe1
.
The company aimed to establish a trading post in this region to secure a share of the lucrative spice trade. This desire led to the establishment of their first factory in Bantam (on Java) in 1601, followed by further expansion to other parts of the East Indies2
The East India Company initially focused on the East Indies (Maluku Islands) for their valuable spices. However, several factors led them to shift their attention to India:
Competition: The Dutch East India Company (VOC) had already established a strong presence in the East Indies, making it difficult for the English to compete effectively in that region.
Trade Opportunities: India offered a wide range of trade opportunities beyond spices, including textiles, indigo, and later tea. The Mughal Empire’s vast and wealthy market was highly attractive to European traders.
Strategic Alliances: The English East India Company formed strategic alliances with local rulers in India, such as the Mughal Emperor Jahangir, who granted them trading rights in Surat in 16131
. This allowed them to establish a foothold in India and expand their operations.
Geopolitical Shifts: As European powers competed for dominance in Asia, the English East India Company saw India as a more viable and less contested area for establishing a strong trading presence.
Why where the Dutch and Portuguese already there?
Christopher Columbus was an Italian explorer who sailed under the Spanish flag. His voyages led to the discovery of the Americas in 1492, which opened up new trade routes and opportunities for European powers1
.
Vasco da Gama, on the other hand, was a Portuguese explorer who successfully found a sea route to India by sailing around the Cape of Good Hope in 1497-1498. This route allowed Portugal to directly access the spice markets of Asia, breaking the monopoly of Arab and Venetian traders2
3
.
Why at that precise moment?
London was growing! More power to use. Economic growth that leads to trade
What is the joint-stock concept?
joint-stock company is a business entity where the company’s stock is owned jointly by shareholders. Each shareholder owns a portion of the company in proportion to the number of shares they hold. Here are some key points about joint-stock companies:
Ownership and Shares: Shareholders can buy and sell shares of the company. Each share represents a portion of ownership in the company1.
Limited Liability: Shareholders are typically only liable for the company’s debts up to the amount they have invested. This means their personal assets are protected2.
Perpetual Succession: The company continues to exist even if shareholders change. This ensures stability and continuity1.
Management: The company is managed by a board of directors elected by the shareholders. This board makes major decisions and oversees the company’s operations1.
Historical Significance: Joint-stock companies were crucial in financing large ventures, such as the colonization of the Americas. Famous examples include the East India Company and the Virginia Company2.
Would you like to know more about how joint-stock companies operate today or their historical impact?
Why was the East India Company exceptional?
- Joint-stock company.
- Lots of money
- Trading that focused only in trade and profit.
- Book KEEPING
- Organization of the company: directors, assistants, merchants, technicians, production directors.
The organizatioj of the East India Company
Here are some key aspects:
Governance Structure: The company was initially managed by a Governor, a Deputy-Governor, and 24 directors, all elected by the shareholders1. This body was known as the Court of Directors.
Court of Proprietors: This was the general body of shareholders who had the power to elect the directors and approve major decisions2.
Board of Control: Established by the British government in 1784, this board supervised the company’s political and military activities in India2.
Presidencies: The company’s operations in India were divided into three main presidencies: Bengal, Madras, and Bombay. Each presidency had its own governor and administrative structure3.
Military and Civil Services: The company maintained its own army and civil services to manage its territories and protect its interests4.
Clerical Establishment: A vast clerical establishment in London handled the extensive paperwork and correspondence necessary for managing the company’s global operations2.
This organization allowed the East India Company to function both as a commercial enterprise and a governing body, playing a significant role in British colonialism.
Is there a specific aspect of the company’s organization you’d like to delve into further?