By Maria Misra
This learn examines the political, racial, and financial attitudes of a huge workforce of British businessmen in India. In explaining the explanations for his or her decline, Misra casts new mild on British colonial society and makes a major contribution to the present debate at the position of race and tradition within the erosion of British imperial energy.
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Extra info for Business, Race, and Politics in British India, c. 1850-1960 (Oxford Historical Monographs)
He decided that a career in India would enable him to `make a fortune quickly'. The salaries of young covenanted assistants were higher than their equivalents in Britain. 64 New covenants would be negotiated every four to seven years and salaries rose sharply with each new contract. Conditions usually included one fully paid return passage to Britain, where the assistant usually spent around six months at 50±70 per cent of his Indian salary. Thus, on the eve of the First World War, salary levels and associated perquisites of assistants in commercial ®rms were higher than those of equivalent ICS of®cers at every level.
S. Ramchandra, MSS Binny, ®le 27, 163. Mackay was an assistant with Mackinnon Mackenzie, later rose of be the senior partner, and founded the P & O group. He was the most senior business ®gure in Edwardian India, served on a number of government committees and commissions, and was seriously considered as a candidate for the Viceroyalty as a successor for Curzon. For a modern biography of Inchcape see S. Jones, Trade and Shipping: Lord Inchcape, 1852±1932 (Manchester, 1989). 99 13:46 01 Chapter BRPBI The Era of High Imperialism 27 Similarly a correspondent for the Financial Times, writing in 1926, identi®ed this as the most important asset of a British-Indian businessman: The secret of our business success in India lies chie¯y in the personal touch.
S. , Indian and Home Memories (London, 1911); R. Pearson, Eastern Interlude (Calcutta, 1954); H. Hervey, The European in India (London, 1913); C. E. Buckland, Sketches of Social Life (Calcutta, 1884); M. Massey, Recollections of Calcutta for Over Half a Century (Calcutta, 1918); H. Hobbs, John Barleycorn in the East: Old Time Taverns in India (Calcutta, 1944); Lovat Fraser, India Under Curzon (London, 1911). 48 On the predominance of Scots in Calcutta's colonial economy see S. Jones, Two Centuries of Overseas Trading: The Origins and Growth of the Inchcape Group (London, 1986), 5±8; J.
Business, Race, and Politics in British India, c. 1850-1960 (Oxford Historical Monographs) by Maria Misra