Indian Administration to the Dawn of Responsible Government 1765-1920

The grant was for 'the honour of the nation the wealth of the people the increase of navigation and the advancement of lawful traffic to the benefit of the commonwealth.' The Earl and his associates were incorpOrated in the name of the 'Governor and Company of merchants of London trading into the East Indies. [...] It was effected at last exactly a week before the outbreak of the hostilities in the form of an Indenture Tripartite between the Crown and the two Companies ( 1702 ). The new Company had subscribed 1 662 000 1. of the loan the old Company had subscribed 315 000 1. The first condition of the Union therefore was that the old Company was to take over 673 5001. [...] The customs revenue of the province was within the Diwan's direct control and when the larger jagirs of the greater functioaries and feudatories (to none of whom the Emperors allowed more than a life-interest) fell vacant on the death of an icumbent it was the function of the Diwan rather than the Nawab to take possession. [...] Generalship strategy tactics ; the provision of the necessary forts ordnance munitions ; the training of the unit the company the army-corps ; the proportion of the various arms;.their proper use at the right moment and point in the right manner ; the keeping of an army in being in peace and in war in victory as well as in defeat ; not to mention inventions or improvments:—it is too com [...] This is the meaning of the Diwani treaties between the Company the Emperor the Nawab Vazir and the Raja of Benares though the whole proceedings had to outward appearance an ureality which historians from the author of the Seir 6 Seir.