Tuesday, October 23, 2007

East India Company by Eric

The Fast India Company was started 011 the very last of the year 1600. [[s original name was the Governor and Company of Merchants of London Trading into the East Indies. The East India Company's was made up of entrepreneurs from London who wanted to make money on importing spices from Southern Asia. As navigation technologies increased the Europeans had easier time shipping spices and made a greater amount of money.
Like many businesses today they had stocks however the East India Socks were by each voyage. Each voyage had its own "subscribers" or what we would call stockholders. This lasted until the year 1612 when they switched to temporary joint stocks and finally to permanent joint stocks in 1657.
The East India Company had many encounters that were not always the most friendly. This required the Company to gather and create it's own military. In the late eighteenth century the British government began to intervene with the company and in 1813 the British government took away the Company's monopoly. The East India Company was completely out of existence in 1873.
The East India Trading Company was very significant in the trade and transportation business. They established convenient trade routes throughout Asia and the Middle East.· Singapore was one example of the East India Company conquering colonies. Before The Company Singapore was a very small island with very few people living on it. In 1819 The East India Company purchased Singapore from the Sultan of Johor and created one of the greatest ports for ships.

www.victorianweb.org/history/empire/ei4george_p_landon.

1 comment:

Eric said...

The East India Company is mentioned twice. The first reference is on page 46 "The Sikh Wars and the annexation of the Punjab, the administration of Lord Dalhousie, the treansfer of power from the East India Company to the Crown, the decisions of the regional revinue officers-it is embarrasing, how little all this interests them". Barret is trying to make the point that the people in Max's crew are very oblivious to everything around them and The East India Company Just happens to be on the list. It was obviously a big event in that time period.
The second time the East India Company is mentioned is on page 64 "For some years she was the mistress of a scotsman who fled his job with the East India Company, explored in Ladakh, and ended up in Kshmir". This quote is describing one of the lovers that Dima had. At that time period the East India Company was breaking apart; because the company was completly broken up in 1873 this was the begining of this. This person had luck on their side and ended up with Dima.