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75. The East India Company
The Rest Is History
Seizing an Opportunity in Unconventional Ways
The Mogul emperors faced challenges in accessing finance, leading to a banking system where 15% of Bengal tax revenues supported a specific bank. This bank, similar to the Rothschilds of India, influenced events by offering financial incentives to individuals like Clive, who was persuaded to carry out a mission to earn immense wealth. Clive acted boldly, diverging from his original purpose and accumulating significant riches from the treasury. When questioned later, his response highlighted his astonishment at his own restraint. This episode showcases a unique Anglo-Indian cooperation, with Clive's actions resembling those of an Indian 'nawabar'.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode