The English East India Company's silk enterprise in Bengal, 1750-1850 Economy, empire and business

By: Hutkova,KarolinaLanguage: English Series: Worlds of the East India CompanyPublication details: London Boydell Press 2019Description: xii,257 pISBN: 9781783273942 (HB)Subject(s): 1700-1899 -- BUSINESS & ECONOMICS International Marketing | BUSINESS & ECONOMICS International General | BUSINESS & ECONOMICS Exports & Import | BUSINESS & ECONOMICS Economic History | General
Contents:
Frontcover; Contents; List of Illustrations; Acknowledgements; List of Abbreviations; Measures and Currencies; Introduction: Companies, Political Economy and the Great Divergence; 1 The Early Modern Silk Industry, Trade and Mercantilism; 2 Empire, the English East India Company, and Bengal Raw Silk; 3 Bengal, Piedmont and the English East India Company; 4 The Bengal Silk Industry and the English East India Company; 5 Filatures and Performance in the Bengal Silk Industry; 6 The Bengal Silk Industry and British Laissez-Faire Policies 7 Bengal Raw Silk and British Demand in the Nineteenth CenturyConclusion; Appendix A Description of the Piedmontese Reeling Machine by Dionysius Lardner; Appendix B Average Prices of Bengal Raw Silk on the British Market According to the Type of the Silk, 1796-1856; Appendix C Return on Investment Analysis; Appendix D Comparison of Manufacturing Costs at the EEIC's Experimental Filature and Common Filature in its Vicinity, 1832; Appendix E Mechanisation of Silk Throwing and Weaving in England and Scotland, 1856; Appendix F Types of Silkworm Reared in Bengal Silk Districts, 1818 Appendix G GlossaryBibliography; Index
Summary: This book examines the silk-processing activities of the English East India Company in Bengal and presents the Company as a manufacturer rather than a trading body or political agent. Silk was one of the first globally traded commodities; its luxury status and potential to create tax revenues and employ the poor gave it a strategic importance in many economies in Eurasia. The silk industry was also an important sector in Britain; yet, as raw silk could not be produced domestically, the British government encouraged companies to source supplies from its colonies and the territories under its influence. Such projects proved to be challenging; the most successful was the English East India Company's venture in Bengal, where the Company invested over 1 million into developing raw silk production to meet the demands of British weavers. A key component was the transfer of silk technologies from the West to the East - one of the first in this direction rather than vice versa. The outcome of this enterprise was influenced by the business and management capacities of the Company and by British and, eventually, imperial policies, with serious consequences for the Indian economy. The book ultimately presents a case of manufacturing failure, but one resulting from British imperial policies rather than colonial economies
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Frontcover; Contents; List of Illustrations; Acknowledgements; List of Abbreviations; Measures and Currencies; Introduction: Companies, Political Economy and the Great Divergence; 1 The Early Modern Silk Industry, Trade and Mercantilism; 2 Empire, the English East India Company, and Bengal Raw Silk; 3 Bengal, Piedmont and the English East India Company; 4 The Bengal Silk Industry and the English East India Company; 5 Filatures and Performance in the Bengal Silk Industry; 6 The Bengal Silk Industry and British Laissez-Faire Policies 7 Bengal Raw Silk and British Demand in the Nineteenth CenturyConclusion; Appendix A Description of the Piedmontese Reeling Machine by Dionysius Lardner; Appendix B Average Prices of Bengal Raw Silk on the British Market According to the Type of the Silk, 1796-1856; Appendix C Return on Investment Analysis; Appendix D Comparison of Manufacturing Costs at the EEIC's Experimental Filature and Common Filature in its Vicinity, 1832; Appendix E Mechanisation of Silk Throwing and Weaving in England and Scotland, 1856; Appendix F Types of Silkworm Reared in Bengal Silk Districts, 1818 Appendix G GlossaryBibliography; Index

This book examines the silk-processing activities of the English East India Company in Bengal and presents the Company as a manufacturer rather than a trading body or political agent. Silk was one of the first globally traded commodities; its luxury status and potential to create tax revenues and employ the poor gave it a strategic importance in many economies in Eurasia. The silk industry was also an important sector in Britain; yet, as raw silk could not be produced domestically, the British government encouraged companies to source supplies from its colonies and the territories under its influence. Such projects proved to be challenging; the most successful was the English East India Company's venture in Bengal, where the Company invested over 1 million into developing raw silk production to meet the demands of British weavers. A key component was the transfer of silk technologies from the West to the East - one of the first in this direction rather than vice versa. The outcome of this enterprise was influenced by the business and management capacities of the Company and by British and, eventually, imperial policies, with serious consequences for the Indian economy. The book ultimately presents a case of manufacturing failure, but one resulting from British imperial policies rather than colonial economies

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