1974
DOI: 10.1177/001946467401100402
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The Britain-China-India Trade Triangle (1771-1840)

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Cited by 35 publications
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“…As a proportion of total Bengal revenues, the revenue from opium is estimated to have accounted for 5.2 percent in 1792, 7 percent in 1812, 10 percent in 1822 and as much as 20 percent in 1842. 28 Another important consideration was that the Company's direct involvement in the opium business put it in a position to encourage and facilitate the export of increasing quantities of Bihar opium to China. For one thing, this stopped the drain on specie from Bengal to China to pay for the tea procured there for the European market.…”
Section: Imentioning
confidence: 99%
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“…As a proportion of total Bengal revenues, the revenue from opium is estimated to have accounted for 5.2 percent in 1792, 7 percent in 1812, 10 percent in 1822 and as much as 20 percent in 1842. 28 Another important consideration was that the Company's direct involvement in the opium business put it in a position to encourage and facilitate the export of increasing quantities of Bihar opium to China. For one thing, this stopped the drain on specie from Bengal to China to pay for the tea procured there for the European market.…”
Section: Imentioning
confidence: 99%
“…In a paper published in 1974, Tan Chung suggested that if one equated the Company sales in Calcutta with average annual output, the figures one got were 1,400 chests in the early 1770s, 4,186 chests at the close of the eighteenth century and 15,081 chests during the decade of 1831-1840. 30 But other evidence suggests the distinct possibility of these figures not being entirely reliable. We have already noted above that as early as 1688, the Dutch factors had placed the figure of the average annual output of opium at 4,350 chests.…”
Section: Imentioning
confidence: 99%
“…By 1772–1774, however, 52.6% of Britain’s trade was with Asia, Africa and the Americas (Davis, 1962b, p. 292). By the 1770s, Britain was purchasing one-third of Chinese tea exports, rising to 80% by 1801 (Chung, 1974, p. 412). Rarely, however, did Britain engage in direct purchases.…”
Section: Introductionmentioning
confidence: 99%