British made a detailed study of everything new they encountered in India. Explain the Advantage of this
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Answer:
Key Points
After 1588, London merchants presented a petition to Queen Elizabeth I for permission to sail to the Indian Ocean. Permission was granted to several ships, but in 1600 a group of merchants known as the Adventurers succeeded at gaining a Royal Charter under the name Governor and Company of Merchants of London trading with the East Indies. For 15 years, the charter awarded the newly formed company a monopoly on trade with all countries east of the Cape of Good Hope and west of the Straits of Magellan.
English traders frequently engaged in hostilities with their Dutch and Portuguese counterparts in the Indian Ocean. The Company decided to gain a territorial foothold in mainland India with official sanction from both Britain and the Mughal Empire. The requested diplomatic mission launched by James I in 1612 arranged for a commercial treaty that would give the Company exclusive rights to reside and establish factories in Surat and other areas. While Portuguese and Spanish influences in the region were soon eliminated, competition against the Dutch resulted in the Anglo-Dutch Wars of the 17th and 18th centuries.
In an act aimed at strengthening the power of the EIC, King Charles II granted the EIC (in a series of five acts around 1670) the rights to autonomously acquire territory, mint money, command fortresses and troops and form alliances, make war and peace, and exercise both civil and criminal jurisdiction over the acquired areas. These decisions would eventually turn the EIC from a trading company into de facto an administrative agent with wide powers granted by the British government.
Key Points
After 1588, London merchants presented a petition to Queen Elizabeth I for permission to sail to the Indian Ocean. Permission was granted to several ships, but in 1600 a group of merchants known as the Adventurers succeeded at gaining a Royal Charter under the name Governor and Company of Merchants of London trading with the East Indies. For 15 years, the charter awarded the newly formed company a monopoly on trade with all countries east of the Cape of Good Hope and west of the Straits of Magellan.
English traders frequently engaged in hostilities with their Dutch and Portuguese counterparts in the Indian Ocean. The Company decided to gain a territorial foothold in mainland India with official sanction from both Britain and the Mughal Empire. The requested diplomatic mission launched by James I in 1612 arranged for a commercial treaty that would give the Company exclusive rights to reside and establish factories in Surat and other areas. While Portuguese and Spanish influences in the region were soon eliminated, competition against the Dutch resulted in the Anglo-Dutch Wars of the 17th and 18th centuries.
In an act aimed at strengthening the power of the EIC, King Charles II granted the EIC (in a series of five acts around 1670) the rights to autonomously acquire territory, mint money, command fortresses and troops and form alliances, make war and peace, and exercise both civil and criminal jurisdiction over the acquired areas. These decisions would eventually turn the EIC from a trading company into de facto an administrative agent with wide powers granted by the British government.