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The Anarchy: The East India Company, Corporate Violence, and the Pillage of an Empire

William Dalrymple

Top 10 Best Quotes

“Ultimately it was the East India Company, not the Marathas or the Sultans of Mysore, that the financiers across India decided to back.”

“Corporations have neither bodies to be punished, nor souls to be condemned, they therefore do as they like. Edward, First Baron Thurlow”

“The reforms Cornwallis initiated on his return to Calcutta further consolidated this position. In America, Britain had lost its colonies not to Native Americans, but to the descendants of European settlers. 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. By this period one in three British men in India were cohabiting with Indian women, and there were believed to be more than 11,000 Anglo-Indians in the three Presidency towns.”

“there could be little legitimacy for this general who had had his own Nawab murdered and who now sat in what one Company observer called ‘a throne warm with the blood of his Lord”

“the summer of 1600 that the Privy Council had a change of heart and felt confident enough to stress the universal freedom of the seas and the right of all nations to send ships wherever they wished.”

“that was not how it looked in 1599, for at its founding few enterprises could have seemed less sure of success. At that time England was a relatively impoverished, largely agricultural country, which had spent almost a century at war with itself over the most divisive subject of the time: religion.8 In the course of this, in what seemed to many of its wisest minds an act of wilful self-harm, the English had unilaterally cut themselves off from the most powerful institution in Europe, so turning themselves in the eyes of many Europeans into something of a pariah nation. As a result, isolated from their baffled neighbours, the English were forced to scour the globe for new markets and commercial openings further afield. This they did with a piratical enthusiasm.”

“Your entitlement is to the deed alone, never to its results. Do not make the results of an action your motive. Do not be attached to inaction. Having renounced rewards resulting from actions, wise men endowed with discrimination are freed from the bondage of birth and go to the Regions of Eternal Happiness.’89”

“Yet, like more recent mega-corporations, the EIC proved at once hugely powerful and oddly vulnerable to economic uncertainty. Only seven years after the granting of the Diwani, when the Company’s share price had doubled overnight after it acquired the wealth of the treasury of Bengal, the East India bubble burst after plunder and famine in Bengal led to massive shortfalls in expected land revenues. The EIC was left with debts of £1.5 million and a bill of £1 million* in unpaid tax owed to the Crown. When knowledge of this became public, thirty banks collapsed like dominoes across Europe, bringing trade to a standstill.”

“Whatever their many vices, wrote Shushtari, the English welcomed and rewarded talent: ‘the English have no arbitrary dismissal,’ he noted, ‘and every competent person keeps his job until he writes his own request for retirement or resignation. More remarkable still is that they take part in most of the festivals and ceremonies of Muslims and Hindus, mixing with the people. They pay great respect to accomplished scholars of whatever sect.”

“What honour is left to us?’ asked a Mughal official, ‘when we have to take orders from a handful of traders who have not yet learned to wash their bottoms?”

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