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Under <strong>the</strong> English administration <strong>the</strong> taxes were oppressive. Natural calamities added<br />

fuel to <strong>the</strong> fire. The rentism <strong>and</strong> assignees i n c d <strong>the</strong> price. <strong>of</strong> <strong>the</strong> articles by common<br />

agreementlu. William Collins Jackson, <strong>the</strong> Company's Collector at Ramanathapuram<br />

imposed an embargo on <strong>the</strong> import <strong>of</strong> grain through sea with an intention <strong>of</strong> providing<br />

increased dem<strong>and</strong> to <strong>the</strong> hoarded grain <strong>of</strong> <strong>the</strong> company. The prices <strong>of</strong> <strong>the</strong> grain shot high.<br />

The inhabitants were unable to obtain <strong>the</strong> food articles1%. The import <strong>and</strong> export <strong>of</strong> grain<br />

trade suffered. This affected <strong>the</strong> traders in <strong>the</strong> field.<br />

The Polygars began to rebel1 from 1793. The insurmctions <strong>of</strong> <strong>the</strong> Polygars <strong>of</strong> 1799-<br />

1801 was defeated becauae <strong>of</strong> <strong>the</strong> superior military power <strong>of</strong> <strong>the</strong> Company <strong>and</strong> its vast<br />

resources. In <strong>the</strong> midst <strong>of</strong> military operations against <strong>the</strong> insurgents, <strong>the</strong> Engllsh East lndia<br />

Company entered Into a political transaction <strong>of</strong> major significance with <strong>the</strong> Nawab on 31st<br />

July 1801. The English East lndia Company concluded <strong>the</strong> treaty <strong>of</strong> Carnatic which provided<br />

for <strong>the</strong> transfer <strong>of</strong> power <strong>and</strong> authority <strong>of</strong> th Carnatic to <strong>the</strong> English. This marked <strong>the</strong> formal<br />

British mle over Carnatic. The Nawab <strong>of</strong> Arcot <strong>and</strong> o<strong>the</strong>r auxillay powers ceased to exerciss<br />

any political authority. The treaty vested <strong>the</strong> perpectual <strong>and</strong> exclusive civil, militay <strong>and</strong><br />

revenue authority wlth <strong>the</strong> English. The Nawab was made a pensioner. One fifth <strong>of</strong> <strong>the</strong> total<br />

revenue was to be pald to himla'. On <strong>the</strong> transfer <strong>of</strong> <strong>the</strong> territories, <strong>the</strong> English became <strong>the</strong><br />

masters <strong>of</strong> Corom<strong>and</strong>el. The administration was in <strong>the</strong> h<strong>and</strong>s <strong>of</strong> <strong>the</strong> British East India<br />

Company till 1857, when <strong>the</strong> Indian territories came under <strong>the</strong> direct administrative control<br />

<strong>of</strong> <strong>the</strong> British crown <strong>and</strong> lndia became politically <strong>and</strong> economically a vassal state <strong>of</strong> British<br />

Empire.<br />

Even by <strong>the</strong> second quarter <strong>of</strong> <strong>the</strong> seventeenth century, <strong>the</strong> English had established a<br />

well founded network <strong>of</strong> trading factories centered on <strong>the</strong> Fort St.George. The clty <strong>of</strong><br />

Madras was <strong>the</strong> chief centre from whkh <strong>the</strong> British rule exp<strong>and</strong>ed. It became <strong>the</strong> chief<br />

factory <strong>of</strong> <strong>the</strong> English on <strong>the</strong> Corom<strong>and</strong>el <strong>and</strong> <strong>the</strong> headquarters <strong>of</strong> English East lndia Company.<br />

The Engllsh acquired a site from <strong>the</strong> Raja <strong>of</strong> Ch<strong>and</strong>ragiri in 1640 <strong>and</strong> it was developed as a<br />

fo~fied settlement. The town was called Chennapattanaml". The trade <strong>of</strong> <strong>the</strong> most <strong>of</strong> <strong>the</strong><br />

Corom<strong>and</strong>el ports had to depend on Madras. A large part <strong>of</strong> import <strong>and</strong> export trade was<br />

channelled through Madras port.'=.

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