HIST 9A Lecture Notes - Lecture 28: Siraj Ud-Daulah, Mir Jafar, Despotism
Document Summary
1757: the moment of the formal initiation of british rule in india. Importance of the opium trade is not very well known. British are going to encourage growing of opium in india. China is giving large amounts of tea, silk, etc. to europe. England is giving them bullion but england is on gold standard. England has to buy silver on open market (making silver more expsensive). England is going to send opium from india to china, increasing opium addicts in china. Company is making profit, but so are the indians. Bombay grew on the profits of the opium trade. When we get into 1750s, mughal emperor cannot exercise real sovereignty anymore. O(cid:448)e(cid:396) a pe(cid:396)iod of ti(cid:373)e, the (cid:272)e(cid:374)t(cid:396)al mughal e(cid:373)pe(cid:396)o(cid:396) (cid:272)a(cid:374)"t (cid:272)o(cid:374)t(cid:396)ol (cid:272)e(cid:396)tai(cid:374) pa(cid:396)ts of i(cid:374)dia. I(cid:374) (cid:1005)(cid:1011)(cid:1009)(cid:1010), the nawab (feudatory) of bengal is angry that the british are making fortifications without his permission. Robert clive joins east indian company in 1740s and goes back to england in 1753.
