The “Cornwallis Code” (1793) with unnecessary restrictions on Europeans and emphasizing non-existent foreign alliances led to the Ultimate Failure and Bankruptcy of the British East India Company – formally dissolved in 1874.
Understanding the Spiritual Realm
Humaity is under the influence and management of both the spiritual realms the Holy Spirit and the demonic realm.
Humans are required by both spiritual realms to conform (Daniel 4:13) to the Ages, Times, Seasons, Kingdoms and Covenants of God.
Alexander the Great (attempted to locate his Greek Kingom capital in Babylon) and Julius Ceasar (attempting to dilute the Roman Senate with 900 Senators many foreign born) both went astray of the spiritual realms and both paid the price with their young and promising lives.
The British East India Company
The British East India Company (EIC) faced near-bankruptcy in 1772 due to corruption, famine in Bengal, and mismanagement, forcing a £1.5M government bailout.
While initially surviving as a “too big to fail” entity, the 1857 Indian Mutiny led to the Crown (Queen Victoria) taking direct control in 1858, and the Company was formally dissolved in 1874.
The Cornwallis Code:
• European personnel were prohibited from private trade, and they were instead given higher pay.
• Magisterial and police powers were removed from collectors and given to a new, organized police force.
• The Code merged European, Hindu, and Muslim legal principles.
The British East India Company ceased being a highly successful British Enterprise Company by attempting to become a synergistic 1st & 3rd world entity resulting in the most epic failure in governance, business and banking in recorded history.
William Dalrymple’s “The Anarchy” is a historical account of the rise [and fall] of the global British East India Company (December 31, 1600 – 1874)
