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What was the British East India Company?
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Migration – The British East India Company, 1600-1858
In this course, Dr John Mcaleer (University of Southampton) explores the British East India Company. In the first lecture, we think about what the British East India Company was and how it started. In the second lecture, we think about the trading operations of the British East India Company in the 17th century. In the third lecture, we think about the role of the British East India Company in the worldwide textiles trade. Next, we think about the trading relationship between the British East India Company and China. In the fifth and final lecture, we think about the decline and eventual dissolution of the British East India Company.
What was the British East India Company?
In this lecture, we consider what the British East India Company was, focusing in particular on: (i) the history of the British East India Company, starting in 1600 and being dissolved in 1858; (ii) the British East India Company’s presence as a fictional corporate villain in the Pirates of the Caribbean film series; (iii) examples of products and words introduced to Britain via the British East India Company, including pyjamas, tea and bungalows; (iv) the British East India Company’s ability to mint its own currency and command its own army and navy; (v) the British East India Company’s headquarters in Central London, close to Westminster; (vi) David Macpherson’s writing on the power and economic success of the British East India Company.
Hello and welcome.
00:00:06My name John McAleer,
00:00:08and I work at the University of Southampton in the history department.
00:00:09And I'm an historian of the East India Company and
00:00:12Britain's empire in Asia.
00:00:15And over the course of the next, few lectures,
00:00:17I want to explain the history of the East India Company to you,
00:00:19a corporation that many historians have suggested
00:00:24changed the world.
00:00:26It certainly changed the lives of millions of people in
00:00:28Britain and in the Indian subcontinent.
00:00:31And we're going to be covering the course of the East India
00:00:34Company's commercial and imperial and political
00:00:37career over two and a half centuries.
00:00:40Because this was a company that brokered Britain's relationship
00:00:42with Asia from about sixteen hundred until its final
00:00:45downfall and demise in eighteen fifty eight.
00:00:48Now, many of you watching this,
00:00:54lecture will have also watched the Pirates of the Caribbean, series of films.
00:00:56And if you've done so,
00:01:02you'll know then that the East India Company is the shadowy
00:01:02corporate villain that chases the hero or antihero of those
00:01:06films, Captain Jack Sparrow.
00:01:10So you'll be already familiar with the East India Company in
00:01:12some guys or other.
00:01:15And even if you haven't watched,
00:01:16the Pirates of the Caribbean series of films,
00:01:17I'm willing to wager that at some point in your life,
00:01:20you'd have used shampoo, you'll have worn pajamas,
00:01:22or you'll have heard the words bungalow or or tea or other
00:01:26words imported East India Company along with the goods,
00:01:29and and commodities that its ships brought from Asia to
00:01:34Britain.
00:01:37In other words, your life has been touched by the East India Company or at
00:01:37least the East India Company's legacy.
00:01:41Now what I want to suggest to you over the course of the next,
00:01:44four or five mini lectures is that the history of the East
00:01:47India Company is actually richer, more intriguing,
00:01:51more complex than anything that Disney can offer to us.
00:01:54It's a history of, wealth and power and the pursuit of
00:01:58profit, and everything that goes along with that,
00:02:02both the upsides but also the downsides and and the negatives.
00:02:05It's a story that changes, as I said,
00:02:09the lives of millions of people in Britain,
00:02:11in Asia, and across the world more generally.
00:02:14In Britain, for example, it changes what we eat.
00:02:18It changes what we wear. It changes what we drink.
00:02:21It changes some of the words that we use.
00:02:24I've already mentioned some of those shampoo, bungalow,
00:02:26and so on and so forth.
00:02:29And And it also, I think,
00:02:31changes attitudes in this country to other parts of the
00:02:32world, to other peoples and other societies.
00:02:35And the East India Company is absolutely crucial in laying
00:02:38the foundations of the nineteenth and twentieth
00:02:41century British Empire in Asia.
00:02:43So this is a big, big story,
00:02:47for us to try and get a grip of get a grip of.
00:02:49It's a company that can mint its own money,
00:02:52that can strike its own coins.
00:02:55It's an unusual organization that has has its own army and
00:02:57has its own navy to back up its commercial and its political power.
00:03:01Now what is this thing, the East India Company?
00:03:07Well, it's a private British corporation,
00:03:09founded in sixteen hundred,
00:03:13and based in the heart of the city of London.
00:03:15Its headquarters in the city of London,
00:03:17were based in Leadenhall Street, and that's,
00:03:20about four miles away from Westminster,
00:03:22about four miles away from the traditional,
00:03:25kind of headquarters of the British Empire, if you want.
00:03:27And yet the East India Company's headquarters in the
00:03:29city of London was the place where that empire of the
00:03:31company in Asia was run for two and a half centuries.
00:03:34So they said the company changed the lives of millions
00:03:38of people across three different continents,
00:03:41had a massive impact on the kind of development of of
00:03:43history over those over those centuries.
00:03:46And you don't just need to take my word for it.
00:03:49You can listen to the words of contemporaries,
00:03:51of historical figures in in the day that the company existed.
00:03:53So David MacPherson, is an important kind of,
00:03:57writer and author.
00:04:00He he's a political economist.
00:04:01He he writes about, the history of politics and and economics.
00:04:03And he tells us in eighteen o five in one of his big books
00:04:06that the East India Company was the most flourishing commercial
00:04:10organization that ever existed.
00:04:13Its fleets, its fleet of ships,
00:04:15was bigger than that of many sovereign East India
00:04:17Company, this commercial British organization based in
00:04:20London, is actually, kind of, as important as many,
00:04:20countries around the world.
00:04:22And so, it's a kind of as important as
00:04:24many, countries around the world at that at that time.
00:04:28So that's really the the the subject that we're going to be
00:04:32covering over the next series of of mini lectures.
00:04:35We're going to start by looking at the early days of the
00:04:37company, its early years of existence,
00:04:39the first century of its activities in Asia where it's
00:04:42focusing principally on spices,
00:04:44trying to locate and purchase and transport spices from
00:04:47Southeast Asia.
00:04:50Then we're gonna move on and think about the company's
00:04:52century centuries of being a cloth merchant to the world
00:04:56where it's focusing on India.
00:04:58And we're gonna also think about the way in which the
00:05:00company changes from being just a commercial power into being a
00:05:02kind of territorial and imperial power in South Asia.
00:05:06And then we're going to finish,
00:05:10our consideration of the commercial,
00:05:12career of the company by thinking about its last great
00:05:14commodity, which is the tea trade,
00:05:16and the associated opium trade with China.
00:05:19And then in the final mini lecture,
00:05:22I'd like to talk about the downfall and demise of the company.
00:05:24What happened?
00:05:28How did this great commercial organization that MacPherson
00:05:28and others talk, talk about in such glowing terms, How did it,
00:05:31come to its knees by the middle of the nineteenth century?
00:05:36So that's what we're going to cover over the next,
00:05:38couple of lectures.
00:05:41
Cite this Lecture
APA style
Mcaleer, J. (2024, April 22). Migration – The British East India Company, 1600-1858 - What was the British East India Company? [Video]. MASSOLIT. https://massolit.io/courses/britain-the-british-east-india-company-1600-1858/how-did-the-eic-develop-a-trading-relationship-with-china
MLA style
Mcaleer, J. "Migration – The British East India Company, 1600-1858 – What was the British East India Company?." MASSOLIT, uploaded by MASSOLIT, 22 Apr 2024, https://massolit.io/courses/britain-the-british-east-india-company-1600-1858/how-did-the-eic-develop-a-trading-relationship-with-china