The Simplified Wealth of Nations of Adam Smith, Book 5, Chapter 1p: The British East India Company


Chapter 1p: The British East India Company (1600-1874)

115 "The old English East India Company was established in 1600 by a charter from Queen Elizabeth." 116 It might be more agreeable to the company that their own servants and dependants should be allowed to embezzle whatever surplus remains after paying the 8% dividend than letting the surplus go to other people. 117 The regulations of 1773, accordingly, did not end the disorders of the company's government in India.
Hyder Ali
Hyder Ali
118 The right of making peace and war in distant and barbarous countries is connected with the right of possessing forts and garrisons there.

Next: Chapter 1q: Intellectual Property