More on this book
Community
Kindle Notes & Highlights
Read between
June 5 - July 7, 2025
Not one of the many sources for the period – Persian, Bengali, Mughal, French, Dutch or English – has a good word to say about Siraj: according to Jean Law, who was his political ally, ‘His reputation was the worst imaginable.’
One of the very first Indian words to enter the English language was the Hindustani slang for plunder: loot
It was not the British government that began seizing great chunks of India in the mid-eighteenth century, but a dangerously unregulated private company headquartered in one small office, five windows wide, in London,
The wording was sufficiently ambiguous to allow future generations of EIC officials to use it to claim jurisdiction over all English subjects in Asia, mint money, raise fortifications, make laws, wage war, conduct an independent foreign policy, hold courts, issue punishment, imprison English subjects and plant English settlements.
It even had that essential amenity for any God-fearing seventeenth-century Protestant community, a scaffold where ‘witches’ were given a last chance to confess before their execution.
In this way the EIC prefigured by 300 years the response of many modern corporates when faced with the regulating and taxation demands of the nation state: treat us with indulgence, they whisper, or we take our business elsewhere.
Delhi in 1737 had around 2 million inhabitants. Larger than London and Paris combined, it was still the most prosperous and magnificent city between Ottoman Istanbul and imperial Edo (Tokyo).
one hundred miles north of Delhi, he defeated three merged Mughal armies – around a million men, some half of whom were fighters – with a relatively small but strictly disciplined force of 150,000 musketeers and Qizilbash horsemen armed with the latest military technology of the day: armour-penetrating, horse-mounted jazair, or swivel guns.
As a Kashmiri observer, Abdul Karim Sharistani, put it, ‘the army of Hindustan fought with bravery. But one cannot fight musket balls with arrows.’131
there arose a new sort of men, who so far from setting up patterns of piety and virtue, squandered away the lives and properties of the poor with so much barefacedness, that other men, on beholding their conduct, became bolder and bolder, and practised the worst and ugliest action, without fear or remorse.
tactics, particularly the widespread introduction of flintlock muskets and socket bayonets to replace pikes. The organisation of the infantry into battalions, regiments
able to do it against the French, who have little to lose, and are prone to violate the Laws of Nations to enrich themselves with plunder … You have orders to make yourselves as secure as you can against the French or any other European Enemy … His Majesty will support the Company in whatever they may think fit to do for their future Security; for though a Peace is now made with France, no one knows how long it may last, and when war breaks out, it is always too late to make Fortifications strong enough to make Defence against an Enterprising Enemy, as happened in Madras.156 Soon both the
...more
This highlight has been truncated due to consecutive passage length restrictions.
Company armies, was often incoherent and inconclusive, but it confirmed that the Europeans now had a clear and consistent military edge over Indian cavalry, and that small numbers of them were capable of altering the balance of power in the newly fractured political landscape that had followed the fall of the Mughal Empire. The Carnatic Wars that rumbled on over the next decade might have had few conclusive or permanent strategic results, but they witnessed the transformation of the character of the two Companies from trading concerns to increasingly belligerent and militarised entities,
...more
departure, while casually eliciting information
One woman, however, was spared. Both Miran and his father asked for the hand of the famously beautiful Lutf un-Nissa. ‘But she declined and sent this reply: “having ridden an elephant before, I cannot now agree to ride an ass.”’87
‘Many were executed on a mere suspicion,’ wrote Ansari. ‘These killings instilled such fear in the hearts of people, that they dared not speak out against him or his policies, and no-one felt safe in their own home.’
The cause of the steady deterioration was the violent and rapacious way private Company traders increasingly abused their privileges
As a measure of their cynicism, they voted to put back on the throne his elderly father-in-law, the former Nawab, Mir Jafar. The latter had used his retirement to become a fully fledged opium addict and was now even more befuddled than before.
Henceforth, 250 East India Company clerks backed by the military force of 20,000 Indian sepoys would now run the finances of India’s three richest provinces, effectively ending independent government in Bengal for 200 years.
A trading corporation had become both colonial proprietor and corporate state, legally free, for the first time, to do all the things that governments do: control the law, administer justice, assess taxes, mint coins, provide protection, impose punishments, make peace and wage war.
India would henceforth be treated as if it were a vast plantation to be milked and exploited, with all its profits shipped overseas to London.
When the whole country is in the grip of a famine, the only remedy is the mercy of God.’12 In reality, there were other remedies to hand which did not require divine intervention.
Many raised the valid point that a private corporation enjoying a government trading monopoly ought not to be running an overseas empire:
what would happen, asked Bolts, if one very rich magnate were to become too wealthy and powerful for a nation state to control?
Ten more banks folded across Europe within a fortnight, twenty more within the month: thirty banks going down like dominoes in less than three weeks.48 This had global repercussions, ranging from suicides in Virginia to, closer to home, the bankruptcy of Sir George Colebrooke, the chairman of the East India Company, which did little to restore confidence in his management.
Ultimately, it was saved by its size: the Company now came close to generating nearly half of Britain’s trade and was, genuinely, too big to fail.
It was in vain to ask for the quarter they offered readily enough, but cut you down the moment you laid down your arms.’
This was the ultimate colonial nightmare, and in its most unpalatable form: the captive preferring the ways of his captors, the coloniser colonised.
As the historian Shakir Khan commented, ‘A single courageous, decisive man with an intelligent grasp of strategy is better than a thousand ditherers.’
When his colleagues on the Council pointed out that the Company only held its land through the Emperor’s charter, Hastings replied that he believed the Company held Bengal through ‘the natural charter’ of the sword.
As a result, numerous Bodies of Troops are continually quitting his Service and others equally numerous engaging in it, as he indiscriminately receives all Adventurers.’
Within two years, both claimants had been assassinated and almost all of Mirza Najaf Khan’s territorial gains had been lost.
according to one calculation, a squadron of cavalry breaking into a gallop 300 metres from one of de Boigne’s battalions would have to face around 3,000 bullets before they reached the sepoys’ bayonets.
Burke’s opening speech alone took four days.
As Burton Stein nicely put it: ‘The colonial conquest of India was as much bought as fought.’
Forty years earlier, in 1750, the Company had been a trading corporation with a small security force and a few crumbling forts; by 1790 it had effectively transformed its Indian holdings into a tightly run fiscal-military state guarded by the most powerful army in Asia.
every Company officer travelled with at least six servants, a complete set of camp furniture, ‘his stock of linens (at least 24 suits); some dozens of wine, brandy and gin; tea, sugar and biscuits; a hamper of live poultry and his milch goat’.49 Tipu’s troops had few such encumbrances.
Cornwallis was determined to make sure that a settled colonial class never emerged in India to undermine British rule as it had done, to his own humiliation, in America.
I have no doubt at all that, for some years now, the plan of invading Hindustan and taking over the trade of all the East Indies has been the object of their speculations and calculations, a profitable compensation for what they have lost in America.
in the next decade its numbers would rise again to 195,000, making it one of the largest standing European-style armies in the world, and around twice the size of the British army.
Many Muslims, led by the puritanical Delhi imam Shah Abdul Aziz, saw this as the moment that India had slipped out of their hands for the first time since the twelfth century:
In less than fifty years, a multinational corporation had seized control of almost all of what had once been Mughal India. It had also, by this stage, created a sophisticated administration and civil service, built much of London’s docklands and come close to generating half of Britain’s trade.
Its brand name is now owned by two brothers from Kerala who use it to sell ‘condiments and fine foods’ from a showroom in London’s West End.
For Western imperialism and corporate capitalism were born at the same time, and both were to some extent the dragons’ teeth that spawned the modern world.
Four hundred and twenty years after its founding, the story of the East India Company has never been more current.

