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| Note issued by the East India Company |
Then in 1615 the emissary of King James the first- Thomas Roe went to the Mughal Emperor and gained rights which allow the British to build a factory in Surat. In time the British managed to eclipse Portugal and as a pay off they were rewarded with the mass expansion of their trading in India.
The Company grown and transformed from a trading enterprise to become a ruling society by the time when the military officer Robert Clive defeated the forces of Nawab. The British servants were mainly rapacious and after the plunder of Bengal the rich providence became utter and destroyed. After a few crumbles caused by military expenditures and with the help of the state intervention the East Company overcame the crisis. Also the Regulating Act of 1773 provided the British control over the Company's affairs and put it under the command of the Governor-General.
Warren Hastings was the firs Governor-General of India. He was directly responsible for the vigorous pursue of British ruling over India. In 1784 Warren was succeeded by Cornwallis who initiated the Permanent Settlement. For the next fifty years the British rulers attempted to eliminate Indian rivals and Wellesley and his administration achieve the territorial expansion with brute force. In the process major victories against Tipu, Marathas and the hard-fall of the Sikhs and that let the British to control over the entire India.
In 1858 the East India Company was terminated despite its massive defence and the achievements of John Stuart, and the administration of India became the new holder of the Crown.
