the british prospered with thier trade in india.
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export and important of corn on bratin
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The original company faced opposition to its monopoly, which led to the establishment of a rival company and the fusion (1708) of the two as the United Company of Merchants of England trading to the East Indies. The United Company was organized into a court of 24 directors who worked through committees. They were elected annually by the Court of Proprietors, or shareholders. When the company acquired control of Bengal in 1757, Indian policy was until 1773 influenced by shareholders’ meetings, where votes could be bought by the purchase of shares. That arrangement led to government intervention. The Regulating Act (1773) and William Pitt the Younger’s India Act (1784) established government control of political policy through a regulatory board responsible to Parliament. Thereafter the company gradually lost both commercial and political control. Its commercial monopoly was broken in 1813, and from 1834 it was merely a managing agency for the British government of India. It was deprived of that role after the Indian Mutiny (1857), and it ceased to exist as a legal entity in 1873.