title: A Review of the Financial Situation of the East India Company in 1824 (Cambridge Library Collection - South Asian History)
author: Henry St. George Tucker
description: Henry St George Tucker (17721851), who became a director of the East India Company, prepared this report following a claim by a French economist that the British possession of India was a burden to the mother country. First published in 1825, this work offers insights into the profitability of colonialism.
zlib_text: FOREIGN CAPITAL 
  IN ‘FREE* INDIA 
  Reprinted from 
  COMMUNISTVol. 3, No. 1, January 1950 
  HX 
  632 
  A1 * 
  W9 
  no,1224 
  MAIN 
  :OMMUNEST PARTY PUBLICATION 
  Price As. 6 
  
  1. ROLE OF FOREIGN CAPITAL 
  ■V HE anti-imperialist masses of India, who had burnt 
  tramcars of the British-owned Calcutta Tramways 
  Company and attacked the offices of the Imperial Bank of 
  India during the great postwar anti-imperialist upsurge, 
  who had vented their wrath against imperialism by inclu¬ 
  ding among their targets, these symbols of foreign capital, 
  are now being told that there can be no economic progress 
  except with the aid of foreign capital. Mrs. Pandit has 
  announced that one of her official ambassadorial duties is 
  to woo U.S. capital (Hindu, July, 16, 1949); the Finance 
  Secretary of the Government of India flies to and from 
  London and Washington to settle how double income tax on 
  the earnings of foreign investors may be avoided; further 
  it was no secret that Pandit Nehru’s visit to the USA was 
  in