Dutch East India Company
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During the Seven Years' War, the East India Company began a process of rapid expansion in India which resulted in most of the subcontinent falling under their rule by 1857, when the Indian Rebellion of 1857 broke out.
Nov 9, 2024 · Beginning in the early 1620s, the East India Company began using slave labour and transporting enslaved people to its facilities in Southeast Asia and India as well as to the island of St. Helena in the Atlantic Ocean, west of Angola.
- The Editors of Encyclopaedia Britannica
Origins. James Lancaster commanded the first East India Company voyage in 1601. In 1577, Francis Drake set out on an expedition from England to plunder Spanish settlements in South America in search of gold and silver.
Although the 1600s and early 1700s saw the East India Company primarily focused on the trade of textiles, by the mid 18th century the Company’s trading patterns began to change. The reasons for this were two-fold.
- A Trade Giant
- Increasing Criticism
- Increasing Regulation
Founded in 1600 by royal charter, the East India Company was established as a joint-stock trading company to exploit opportunities east of the Cape of Good Hope where it was granted a trade monopoly. Crucially, to conduct this trade, the EIC was permitted to 'wage war'. Although the EIC did not hold sovereignty in its areas of operation, it was per...
The EIC had many enemies, not only rival European trading companies and rulers in India but also back in Britain. It was criticised for its monopolies, harsh trading terms, and corruption. The company's trade was so large it was responsible for a serious drain of Britain's stock of silver. Its directors returned to England with vast new wealth that...
1773 Regulating Act One of the first ominous signs for the EIC directors that their long process of enrichment might be coming to an end involved the return of Robert Clive (1725-1774) to England. With rumours rife that the former Governor of Bengal's vast riches had largely been gained through corruption, Parliament set up an inquiry into Clive's ...
- Mark Cartwright
The Company Rule (1773-1858) refers to the governance of India by the British East India Company. You can find a detailed explanation of the key features of each Act, including the Regulating Act, Pitt's Act, the Charter Act of 1833, and the Charter Act of 1853, in the article provided below.
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Oct 5, 2021 · Beginning of Rule: The British East India Company was established as a trading company in 1600 and transformed into a ruling body in 1765. Interference in Internal Affairs: After the Battle of Buxar (1764), the East India Company got the Diwani (right to collect revenue) of Bengal, Bihar and Orissa and gradually, it started interfering in ...
