Thursday, 15 August 2013

TRIGGERS FOR MIGRATION - Rise of Port Cities

Rise of Port Cities

Tod in 1832 saw that the establishment of British rule forced the Marwaris to pick up foods at the ports of Calcutta and Bombay if they were to make a profit, rather than wait for someone to bring the goods to Pali or Churu in their homelands.

The successive wave of opportunity were ultimately governed by the demands of British and foreign port export firms. Just as the East India Company developed export line after export line to solve its remittance problem, old banking firms developed complex flows and counter flows of commodities and hundi's to balance the drains and inflows into their various branches.

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