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Questions and Answers
What did Lord Clive suggest in 1759 regarding the East India Company's territories?
What did Lord Clive suggest in 1759 regarding the East India Company's territories?
- The Crown should take over the Company's territories. (correct)
- The Company's privileges and powers should remain untouched
- The Company should be dissolved
- The Crown should take over the Company into partnership.
Why did Parliament consider taking over the East India Company?
Why did Parliament consider taking over the East India Company?
- The Company had gained political power in India
- The Company had complicated administrative problems.
- The Company was corrupt.
- The Company was suffering from a deteriorating financial condition and debts. (correct)
What were the three points of view considered by Parliament regarding the East India Company's relationship with the Crown?
What were the three points of view considered by Parliament regarding the East India Company's relationship with the Crown?
- Dissolving the Company, the Crown taking over full sovereignty of the Company's territorial possessions, and the Crown taking over the Company into partnership.
- Keeping the Company's privileges and powers untouched, the Crown taking over full sovereignty of the Company's territorial possessions, and the Crown taking over the Company into partnership. (correct)
- Keeping the Company's privileges and powers untouched, dissolving the Company, and the Crown taking over the Company into partnership.
- Keeping the Company's privileges and powers untouched, the Crown taking over full sovereignty of the Company's territorial possessions, and dissolving the Company.
What played a role in the decision to take over the East India Company?
What played a role in the decision to take over the East India Company?
What was the public opinion in England regarding the East India Company?
What was the public opinion in England regarding the East India Company?
What had English officials in India absorbed from the Oriental despots they had displaced?
What had English officials in India absorbed from the Oriental despots they had displaced?
What did the British government allow the East India Company to retain in exchange for a sum of £400,000 per year?
What did the British government allow the East India Company to retain in exchange for a sum of £400,000 per year?
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Study Notes
- The British Parliament was struggling to determine its relationship with the East India Company, which had gained political power and territorial acquisitions in India.
- Lord Clive suggested that the Crown should take over the Company's territories as early as 1759.
- Three points of view were considered by Parliament: keeping the Company's privileges and powers untouched, the Crown taking over full sovereignty of the Company's territorial possessions, and the Crown taking over the Company into partnership.
- Reports from two Parliamentary Committees drove the conviction that the independence of the Company must yield to the supremacy of British Parliament.
- Public opinion against the Company had gathered momentum in England due to corruption and complicated administrative problems.
- The Company was suffering from a deteriorating financial condition and debts.
- The Company's defeat in 1769 and terrible famine in Bengal also played a role in the decision to take over the Company.
- English officials in India had absorbed many of the autocratic tendencies of the Oriental despots they had displaced.
- The British government allowed the Company to retain its territorial acquisitions and powers in exchange for a sum of £400,000 per year.
- Parliament asserted its right to the sovereignty of the Indian territories despite the Company's financial condition.
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