FORE:In much the same way the silk industry had been protected by prohibitory legislation, of which the only effect was to convert smuggling into an important trade. Again, the manufacturers petitioned for the removal of the duties upon spun silk, but were eager to exclude foreign manufactured silks. On the other hand, the silk spinners were opposed to the introduction of spun silk, but desired the removal of duties upon raw silk, while the journeymen believed that ruin stared them in the face if foreign manufactured silks were introduced. Robinson, with Huskisson's assistance, decided to admit foreign silk on an ad valorem duty of 30 per cent. At the same time he largely reduced the duties on the raw material. The duty on Indian silk was reduced from 4s. to 3d., that on Chinese and Italian silks from 5s. 6d. to 6d., that on organzine from 14s. 10d. to 7s. 6d. a pound. The manufacturers vowed and protested that they were ruined; in ten years' time they were exporting to France, their former rival, 60,000 worth of manufactured silk.It was at this crisis, when Hastings was just recovering his authority in the Council, that the news arrived in India, and spread amongst the native chiefs, that in Yenghi Dunia, or the New World, the Company Sahibfor the East Indians could never separate the ideas of the East India Company and England itselfthere had been a great revolution, and the English driven out. This, as might be expected, wonderfully elated the native chiefs, and especially those in the south. There the French of Pondicherry and Chandernagore boasted of the destruction of the British power, and that it was by their own hands. Hastings, who was as able and far-seeing as he was unprincipled in carrying out his plans for the maintenance of the British dominion in India, immediately set himself to counteract the mischievous effects of these diligently-disseminated rumours, and of the cabals which the French excited. These were most to be feared amongst the vast and martial family of the Mahrattas. The Mahrattas had risen on the ruins of the great Mogul empire. They now extended their tribes over a vast space of India from Mysore to the Ganges. The Peishwa, as head of these nations, held his residence at Poonah. Besides his, there were the great houses of Holkar and Scindia; the Guicowar, who ruled in Guzerat; the Bonslah, or Rajah of Berar, a descendant of Sivaji. The Mahrattas were, for the most part, a rude, warlike race, rapacious and ambitious, and living in the most primitive style. To destroy the confidence of these fierce warriors in the French, Hastings gave immediate orders, on receiving the news of the proclamation of war in Europe, for the seizure of the French settlements. This was on the 7th of July, 1778; on the 10th he had taken Chandernagore, and ordered Sir Hector[329] Munro to invest Pondicherry. That was soon accomplished, and the only remaining possession of France, the small one of Mah, on the coast of Malabar, was seized the next spring.
Saturday, 23/08/2014
Lorem ipsum dolor sit amet, consectetuer adipiscing elit,
sed diam nonummy nibh euismod tincidunt ut laoreet dolore
magna aliquam erat volutpat ....
Readmore