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KF5JRV > TODAY 31.12.23 23:04l 26 Lines 1647 Bytes #999 (0) @ WW
BID : 15539_KF5JRV
Read: DJ6UX GUEST
Subj: Today in History - Dec 31
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Sent: 231231/1450Z 15539@KF5JRV.#NWAR.AR.USA.NA BPQ6.0.23
Queen Elizabeth I of England on this day in 1600, grants a formal charter to the London merchants trading to the East Indies, h
oping to break the Dutch monopoly of the spice trade in what is now Indonesia.
In the first few decades of its existence, the East India Company made far less progress in the East Indies than it did in Indi
a itself, where it acquired unequaled trade privileges from India’s Mogul emperors. By the 1630s, the company abandoned its Eas
t Indies operations almost entirely to concentrate on its lucrative trade of Indian textiles and Chinese tea. In the early 18th
century, the company increasingly became an agent of British imperialism as it intervened more and more in Indian and Chinese
political affairs. The company had its own military, which defeated the rival French East India Company in 1752 and the Dutch i
n 1759.
In 1773, the British government passed the Regulating Act to rein in the company. The company’s possessions in India were subse
quently managed by a British governor general, and it gradually lost political and economic autonomy. The parliamentary acts of
1813 ended the East India Company’s trade monopoly, and in 1834 it was transformed into a managing agency for the British gove
rnment of India.
In 1857, a revolt by Indian soldiers in the Bengal army of the company developed into a widespread uprising against British rul
e in India. After the so-called Indian Mutiny was crushed in 1858, the British government assumed direct control over India, an
d in 1873 the East India Company was dissolved.
73 de Scott KF5JRV
Pmail: KF5JRV@KF5JRV.#NWAR.AR.USA.NA
Email KF5JRV@gmail.com
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