Article: ANTIQUES.(East India Company)(Brief Article)

There [in India] laws exist not, and he who rules, must rule the people by his will. If his will be evil, the people will be far more miserable than it is possible for any people to be...but if his will be good as well as strong, happy are the people...for a benevolent despotism is the best of all governments.

Herbert B. Edwardes, A Year on the Punjab Frontier, 1848-49, 1851

At the end of 1600, on the eve of the new year, Queen Elizabeth I signed the charter of the East India Company. The 125 London merchants who subscribed [pound]72,000 had ostensibly formed a joint-stock company "for the honour of this our realm." In fact the profitable spice trade, ...

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