Tuesday, 27 August 2013
RISE TO PROMINENCE - Up Country Network
Organization of credit produced network of contacts all over the country which could be used for the selling and purchasing of the goods traded in the ports. British traders poor knowledge of the north-western parts of India, their absence of a network of agents and the competition of the natives accounted for the weak representation of British merchant capital in these areas. Foreign firms naturally found themselves dependent on Marwari merchants with such network.
The unwillingness of other trading communities to move up-country was partially due to the sorts of humiliations which upcountry traders had to sustain in connection with inland levies on goods. The Marwaris were presumably willing to pocket the humiliation of up-country trading which left other communities at somewhat of a disadvantage