The East India Company: The Corporation That Conquered Nations — Fexingo History

How the East India Company Nearly Went Bankrupt in 1772

6 min · I går
Billede af episoden How the East India Company Nearly Went Bankrupt in 1772

Description

In this episode, Lucas and Luna explore the East India Company's near-collapse in 1772, triggered by a credit crisis in London and massive debts from the Bengal famine. They discuss the Company's financial structure, the role of Lord North's government, the Regulating Act of 1773, and the impact of the Tea Act that led to the Boston Tea Party. Key figures include Lord North, Warren Hastings, and Robert Clive. The episode examines how the Company's financial troubles reshaped its relationship with the British state and set the stage for greater government oversight. #EastIndiaCompany #CompanyBahadur #1772Crisis #BengalFamine #LordNorth #RegulatingAct #TeaAct #BostonTeaParty #WarrenHastings #RobertClive #BritishEmpire #FinancialHistory #18thCentury #GlobalTrade #History #FexingoHistory #CorporateHistory #Imperialism Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

Comments

0

Be the first to comment

Sign up now and become a member of the The East India Company: The Corporation That Conquered Nations — Fexingo History community!

Get Started

1 month for 9 kr.

Then 99 kr. / month · Cancel anytime

  • Podcasts kun på Podimo
  • 20 lydbogstimer pr. måned
  • Gratis podcasts

All episodes

171 episodes

episode The EIC's Forgotten Opium: How the Company Addicted China artwork

The EIC's Forgotten Opium: How the Company Addicted China

In this episode, we uncover the East India Company's transformation from a trader in spices and cloth to the world's largest drug cartel. Lucas and Luna trace the opium trade's origins in Bengal's poppy fields, the Company's monopoly on production at Patna, and the clever use of 'country trade' ships to smuggle chests into Canton. We meet figures like Charles Cornwallis, who tightened control over cultivation, and the 'factory' at Patna that turned raw opium into chests stamped with the Company's coat of arms. The conversation covers the trade's mechanics: how the Company forced Indian peasants to grow poppies, auctioned the opium in Calcutta, and funneled silver from Chinese smugglers back to London to buy tea. We also explore the moral debates within the Company — the protests of officials like Sir John Malcolm — and the devastating addiction that swept across China, setting the stage for the Opium Wars. This is the story of how a trading corporation built an empire on a drug, with consequences that still echo in modern geopolitics. #EastIndiaCompany #OpiumTrade #CompanyBahadur #PatnaFactory #CantonSystem #CharlesCornwallis #Bengal #Poppy #CountryTrade #TeaAndOpium #Addiction #OpiumWars #Imperialism #18thCentury #19thCentury #TradeHistory #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

23. juli 202610 min
episode How the East India Company Nearly Went Bankrupt in 1772 artwork

How the East India Company Nearly Went Bankrupt in 1772

In this episode, Lucas and Luna explore the East India Company's near-collapse in 1772, triggered by a credit crisis in London and massive debts from the Bengal famine. They discuss the Company's financial structure, the role of Lord North's government, the Regulating Act of 1773, and the impact of the Tea Act that led to the Boston Tea Party. Key figures include Lord North, Warren Hastings, and Robert Clive. The episode examines how the Company's financial troubles reshaped its relationship with the British state and set the stage for greater government oversight. #EastIndiaCompany #CompanyBahadur #1772Crisis #BengalFamine #LordNorth #RegulatingAct #TeaAct #BostonTeaParty #WarrenHastings #RobertClive #BritishEmpire #FinancialHistory #18thCentury #GlobalTrade #History #FexingoHistory #CorporateHistory #Imperialism Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

Yesterday6 min
episode The EIC's Forgotten Execution: Company Bahadur and the Trial of Warren Hastings artwork

The EIC's Forgotten Execution: Company Bahadur and the Trial of Warren Hastings

In this episode, Lucas and Luna explore one of the most dramatic political trials of the 18th century: the impeachment of Warren Hastings, the first Governor-General of Bengal. Hastings was charged with corruption, cruelty, and mismanagement by the British Parliament, including the torture of Indian rajas, the bribery of judges, and the illegal confiscation of lands. The trial, which lasted from 1788 to 1795, was a sensation in London, featuring star witnesses like Edmund Burke and Philip Francis. Lucas explains the key charges, including the treatment of the Begums of Awadh and the Rohilla War, and how the trial ultimately ended in Hastings' acquittal, but left a lasting stain on the Company's reputation. The episode also touches on the broader implications for British imperial rule and the early debates about colonial accountability. #EastIndiaCompany #WarrenHastings #Impeachment #EdmundBurke #CompanyBahadur #BegumsOfAwadh #RohillaWar #PhilipFrancis #BritishParliament #ColonialJustice #BengalPresidency #18thCentury #BritishEmpire #History #FexingoHistory #Corruption #TrialOfTheCentury #GovernorGeneral Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

Yesterday6 min
episode The EIC's Forgotten Shipwright: Lowji Nasarvanji Wadia and Bombay's Dockyards artwork

The EIC's Forgotten Shipwright: Lowji Nasarvanji Wadia and Bombay's Dockyards

In this episode, Lucas and Luna explore the pivotal but often overlooked role of Lowji Nasarvanji Wadia, a Parsi master shipwright who transformed Bombay into a major shipbuilding centre for the East India Company. They discuss how Wadia's expertise, honed in Surat, was recruited by Governor Gerald Aungier in the late 17th century to build the Bombay Dockyard, which launched some of the finest ships in the Company's fleet. The conversation covers the challenges of constructing dry docks in a tidal harbour, the unique design of the 'Bombay-built' ships that outperformed British-built vessels, and the legacy of the Wadia family who dominated the dockyard for generations. Lucas explains how the dockyard's success was tied to the broader story of the Company's rise, from the need for naval defence against the Siddi of Janjira to the construction of ships like the famous 'Falmouth' that sailed to China. The episode also touches on the relationship between the Parsi community and the British, and how shipbuilding expertise became a cornerstone of Bombay's economy, long before the city became a global metropolis. This is a deep dive into the industrial and maritime history that powered the Company's expansion across the Indian Ocean. #LowjiNasarvanjiWadia #BombayDockyard #ParsiShipbuilders #EastIndiaCompany #BombayHarbour #ShipbuildingHistory #GeraldAungier #Surat #MughalShipwrights #SiddiofJanjira #FalmouthShip #DuncanDock #WadiaFamily #CompanyBahadur #IndianOcean #MaritimeHistory #FexingoHistory #History Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

21. juli 20266 min
episode The EIC's Forgotten Fortress: Bombay Castle and the Island City artwork

The EIC's Forgotten Fortress: Bombay Castle and the Island City

In this episode, Lucas and Luna explore the early years of Bombay under the East India Company. They discuss how the port city grew from a sparsely inhabited island into a strategic hub, driven by the construction of Bombay Castle and the vision of Governor Gerald Aungier. The conversation touches on the role of Parsi shipbuilders like Lowji Nasarvanji Wadia, the threat from the Siddi of Janjira, and the development of the Bombay Presidency. Listeners will learn about the Koli fishing communities, the arrival of Catherine of Braganza's dowry, and the transformation of Bombay's fortified landscape. The episode brings to life the challenges and triumphs of building a colonial city from scratch, with vivid details about Duncan Dock, the Mahim fortifications, and the interplay of Portuguese, Mughal, and Maratha influences. #EastIndiaCompany #BombayCastle #GeraldAungier #LowjiNasarvanjiWadia #Siddi #Janjira #Parsi #Koli #CatherineOfBraganza #BombayPresidency #MughalEmpire #PortugueseIndia #DuncanDock #Mahim #CompanyBahadur #History #FexingoHistory #ColonialIndia Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

21. juli 20266 min