The Industrial Revolution

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Monograph

Identifikator:: 1029343713

URN:: urn:nbn:de:zbw-retromon-72101

Document type:: Monograph

Author:: Schreiner, Olive http://d-nb.info/gnd/118795457

Title:: Die Frau und die Arbeit

Place of publication:: Jena

Publisher:: Eugen Diederichs

Year of publication:: 1914

Scope:: 1 Online-Ressource (180 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: VI. Einige Einwände

Collection:: Economics Books

a Ir sl at 2d ve Ser THE NEW ATTACK ON THE EAST INDIAN TRADE 467 During this period the possessions of the Company had A.D. 1689 undergone startling vicissitudes; they had been almost de- ihe stroyed by the French, but the fortunes of the English were action of restored by the skill and energy of Clive, and their influence ** Z*** had at last triumphed in all the three Presidencies. Clive’s greatest achievements had been effected in open disregard of the instructions of the Directors; and his whole career illustrates the extreme difficulty under which the Company laboured, from its relation to servants who were so far distant as to be exempt from all practical control. He believed that the Company would be better served, if the officials enjoyed a different status and had more freedom from routine. The system on which they were paid was very unsatisfactory; their salaries were small, and they were obliged to eke out their resources by taking part in the in- ternal trade of the country. The Company reserved the trade between the Indies and Europe, as a strict monopoly, for itself; but allowed its servants to engage on their own in carrying account in trade between different parts of the Indies. This on prvante private trade led to many imbroglios with the natives, as in certain cases, where the goods of the Company were allowed to go free of custom by the authorities in Bengal, the agents endeavoured, and not without success, to pass their private speculations at the same time’. Private trade was looked on with disfavour, because many officers were apt to give their best attention to their own ventures, and to neglect the affairs of the Company they served. One of the reforms which Clive endeavoured to carry through, in 1765, was the establishment of a monopoly of salt, betel-nut, and tobacco ; this monopoly was intended to be carried on for the benefit of the superior servants of the Company®. The Di- rectors were strongly opposed to this private trade society, and it was abolished in 17685, Indeed it may be said that, while the chief troubles of the Company in earlier times were due to the interlopers, those which occurred during a great part of the eighteenth } Mill, History of British India, mm. 25, 230. 3 Jb. 11. 289. 8 7b. or. 310. 30—19

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