SINGAPORE 1819

Question 1

What were the economic reasons for the aquasition of the Singapore?

Answer 1

EIC sough expansion into Chinese trade markets but was restricted by Chinese regulations

Question 2

What were the political reasons for the aquasition of Singapore?

Answer 2

Acquired under treaty with Singapores rulers- Anglo-dutch treaty in 1824

Question 3

What were the individual and ideological reasons for the aquasition of Singapore?

Answer 3

Sir Stamford Raffles, with permission from EIC, set up a base

Question 4

How did foreign rivalries encourage the aquasition of Singapore?

Answer 4

Undermined Dutch in Asia. Treaty angered the Dutch who demanded British withdrawl. Britain gave up Bencoolen and Sumatra to Dutch to keep Singapore

Question 5

What is the significance of the aquasition of Singpore?

Answer 5

In the first year it traded 400,000 Spanish dollars and increased by 2,700% to 11m by the treaty in 1824

No taxes to dock so FT drew merchants- created merchant houses with own docks- 80 by 1846, bankers and aution houses

Inspired Robert Peel to continues possibilities of free trade