[PART-1Ahttp://oldphotosbombay.blogspot.com/2011/09/1a-bombaymumbai-taxi-1850-to-2001-also_3982.html
[PART-1Bhttp://oldphotosbombay.blogspot.com/2011/09/1-b-bombaymumbai-taxi-1850-to-2001-also.html
[PART-2]http://oldphotosbombay.blogspot.com/2011/04/glimpses-of-old-bombay-and-western.html
[PART-3]http://oldphotosbombay.blogspot.com/2011/04/glimpses-of-old-bombay-and-western_02.html
[PART-4]http://oldphotosbombay.blogspot.com/2011/04/4glimpses-of-old-bombay-and-western.html
[PART-5]http://oldphotosbombay.blogspot.com/2011/04/dedicated-to-first-city-mumbai-bombay.html
[PART-6]http://oldphotosbombay.blogspot.com/2011/04/6.html
[PART-7]http://oldphotosbombay.blogspot.com/2011/04/6-glimpses-of-old-bombay-and-western.html
[PART-8]http://oldphotosbombay.blogspot.com/2011/04/7.html
[PART-9]http://oldphotosbombay.blogspot.com/2011/04/first-anglo-maratha-war-was-first-of.html
[PART 10]http://oldphotosbombay.blogspot.com/2011/06/bombay-history-of-cinema-1896-and.html
[PART12] MAPS OF BOMBAY 1843 TO 1954http://oldphotosbombay.blogspot.com/2011/06/maps-of-mumbai-bombay.html
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DEDICATED TO THE FIRST CITY-MUMBAI-[BOMBAY] ;OF INDIA.-PART 2of 9
Gerald Aungier
was appointed the President of the Surat factory and Governor of Bombay in 1672, and remained at this post till 1675. He offered various inducement to skilled workers and traders to set up business in the new township. As a result, a large number of Parsis, Armenian, Bohras, Jews, Gujarati banias from Surat and Diu and Brahmins from Salsette came to Bombay. The population of Bombay was estimated to have risen from 10,000 in 1661 to 60,000 in 1675.
Gerald Aungier established the first mint in Bombay.
In Bombay, Governor Aungier formed a militia of local Bhandari youth to deal with organized street-level gangs that robbed sailors in 1669. Thus, Bhandari Militia was the first police establishment in Mumbai(then Bombay) during British India.In Bombay
Saint Thomas's Church, Bombay.[The Bhandari Militia was the first Police
establishment in Mumbai (then Bombay) during British India. Marine
Police Force- After the setting up of the British East India Company in
Bombay, the Middle Ground Coastal Battery island (situated a few hundred
metres away from the Gateway of India), was fortified in 1682 to curb
the piracy in the area. Later a marine police force, composed of
Bhandaris, were stationed there to keep an eye on the pirates who used
to board ships. The Bhandaris were chosen for their loyalty, honesty and
local knowledge. With their yellow trousers and blue turbans , the
police were a formidable sight. After piracy moved to the South China
Sea, about two hundred years ago, the police were disbanded and the
Royal Navy gained control of the rock]
In 1670 the Parsi businessman Bhimjee Parikh imported the first printing press into Bombay
. Aungier planned extensive fortifications from Dongri in the north to Mendham's Point (near present day Lion Gate) in the south. However, these walls were only built in the beginning of the 18th century. The harbour
was also developed, with space for the berthing of 20 ships. In 1686, the Company shifted its main holdings from Surat to Bombay.
During the Portuguese occupation, Bombay exported only coir and coconuts. With the coming of many Indian and British merchants, Bombay's trade developed. Soon it was trading in salt, rice, ivory, cloth, lead and sword blades with many Indian ports as well as with Mecca and Basra. The island of Salsette also exported rice.
Land in Bandra, Parel, Vadala and Sion was given to the Jesuits. Records speak of two churches built in Girgaum, a Jesuit church in Bandra in 1570 and a fort in Mahim. Of these, only St.
Andrew's Church in Bandra can still be seen.
With the annexation of Portugal by Spain in 1580, and the defeat of the Spanish Armada by the British eight years later, the way was open for other European powers to follow the spice routes to India and further East. The Dutch arrived first, closely followed by the British. An account of
the Portuguese towns in India, in the year 1583, has been left by a member of the first band of English merchants who tried to reach India.
The Portuguese encouraged intermarriage with the local population, and strongly supported the Catholic church; going to the extent of starting the Inquisition in India in the year 1560. The result was a growing mixed population which supported the Portuguese in times of strife. However, their intolerance of other religions, seen in the forcible conversion to Christianity of the local Koli population in Bombay, Mahim, Worli and Bassein, had the effect of alienating the local population.
Control over Bombay was exerted indirectly, through vazadors who rented the islands.
The vazador of Bombay was a certain Garcia da Orta. He built a manor house on the island in 1554. On his death in Goa, in 1570, the island was passed on to his sons
"Durbar of a lesser Maratha ruler" c.1820s
Durbar hall, unidentified, Maratha school, c.1820
Source: A Second Paradise: Indian Courtly Life 1590-1947, by Naveen Patnaik (New York: Metropolitan Museum, 1985), p. 113; scan by FWP, Sept. 2001
"Durbar Hall. Unidentified Maratha school; c. 1820; 31.5 x 24.5 cm. Private collection."
"With the weakening of Mughal power, the Marathas spread from their homelands in the Deccan and established principalities in many parts of northern India. Wearing a characteristic Maratha turban and smoking his huqqa (hookah), this royal personage gives audience in the perspective of a splendid hall of whitewashed stone enriched with the blue and white striped daris (dhurries), carpets, and imported glass oil lamps." (A Second Paradise, p. 184)
Glimpses of old Bombay and western India, with other papers (1900)
THE BLACK DEATH.,or Bubonic plague OF 1898 BOMBAY
The Symptoms
-- Marchione di Coppo Stefani, The Florentine Chronicle (c. 1380)
No Time for Goodbyes
-- Giovanni Boccaccio
It reached London on November 1st, 1348 ; but the news of its approach by ships from the levant and from across the Channel had long preceded it. As the mighty wave rolled from reahn to realm, the tidings came like the portents of a thunderstorm. There had been mutterings from the Caspian, the Bosphorus, and the Adriatic. Cairo, Damascus, and
Byzantium were merely the milestones of its onward journey.
It seemed to have come to a head in England when Bradwardine, Archbishop of Canterbury, died of it at Lambeth on August 2Gth, 1349, one week only after his arrival at Dover, with the fatal botch in the armpits. Long before this, thousands had fled from the various cities of Europe and Asia. The Bosphorus was subsidised by Constantinople, while Naples fled to the slopes of Mount Vesuvius, Rome to the Alban Hills, Florence to the Apennines, London to Epsom or the New Forest, and Edinburgh to the Braid Hills, while, away over the sea, Damascus was makinsg tracks for the Lebanon, and Cairo for the Lybian Desert, and Delhi, under Tughlak, was being shovelled wholesale to Dowlatabad. I stop not to inquire the
The duration of the Black Death in London was seven to eight months, and in all England fourteen months, the population of the city being then about 200,000. It had the same duration as the plague of 1666, the same curve of increase, maximum intensity, and decrease. The five highest weeks of 1563 were successively in deaths, 1,454, 1,626, 1,372,
1,828 and 1,262 ; and 1348 resembled it.
At Avignon it was very fierce: sixty-seven Carmelite monks were found dead in one monastery, no one outside having heard that the plague was among them. In the English
College the whole of the monks were said to have died of it.
At first science and its students walked up boldly to it. It was belabouring an elephant with a feather. They then pelted it with nostrums. The Black Death would be neither scotched nor killed, and laughed at science and empiricism. The wisest doctors of the age in every country in which it appeared were confounded. How and whence it came, how long it would remain, over what area it would spread — the Black Death was inscrutable. The disease defied investigation and cure.
Meanwhile Kali, with her necklace of human skulls, secure in her seat, rode on in triumph, conquering and to conquer. You may find her footprints on the mounds of Delhi, as well as in the ruins of Memphis, for it was she who made them both. Everything consumable was to be burned up ; and until that came to pass there would be no end to the great tragedy which
involved twenty-five millions of human beings.
One Positive Outcome: The End of Serfdom
At this time – it’s worth remembering that the 1381 Peasants’ Revolt had at least part of its origins in a pandemic: the Black Death of 1348-9, which killed maybe half Europe’s population.
The disruption the plague introduced led to huge social upheaval
(whole towns & villages died or people fled); to loosenings of bonds
of feudal society in England. labour shortage led to villeins leaving
the manors they were tied to in search of better conditions. Some
demanded concessions from lords.
The disease now among us in 1898 is the same as the Black Death of 1348.
It is the same in its causes, its antecedents, and its mortal effects. Its characteristics are mostly the same. Its violence and rapidity are in cases as intense, though its contagious-
ness is less apparent. The exception of the general immunity of Europeans from attack hitherto has proved a stupendous mercy for us all. But, in its sweep, the plague of 1348 far exceeds our own ; for it took a much more extended range, embraced an area wide as the known earth, desolated some of its fairest regions, and swept a majority of population from the greatest cities of the world. Asia Minor, for example, seems never to have recovered from its desolating effects. The two catastrophes, as far as we know, were the same in their origin. Man, and man alone, was responsible for them both.
" the act of God or the Queen's enemies " (as the old shipping
documents express it). Frankenstein creates the monster that destroys ' him ; or as Homer hath it, " We blame the gods for that, of which we ourselves are the authors." We have been
Bombay and western India ...
A hostile public reaction
The rigorous implementation of the measures led to a true exodus, nearly half of Bombay's estimated 850,000 population left the city between October 1896 and February 1897, to escape the plague and Government measures. Their departure, which meant a great loss to commerce and industrial life, sadly helped the disease to spread. Those who remained seemed petrified by fear, suspicion, and rumours. One may ask why.Medical intervention started with an examination of the body in search of the characteristic lymphatic swellings or buboes. Exposure to the gaze of Western medical practitioners (male and white) and, even worse, their (polluting) physical touch presented a huge problem. Yet, such an examination could be expected almost everywhere. Initially there had been house searches in which the use of the so-called 'white bulls' (British troops) provoked severely hostile reactions, as the soldiers had recently been involved in a series of violent racial incidents. There were plague docters on railway stations where people could be separated into a male and a female queue for examination and there were examinations on the streets, as well. The public character of these examinations was humiliating
seeking for its origin in many places ; and as distance lends enchantment to the view, we have gone to Hongkong, to the slopes of the Himalayas, the roof of the world, or the back of
the east wind. " It is not in heaven, neither is it beyond the sea, that thou shouldest say, who shall go over the sea for it and bring it to us ? " It is verily at your own doors at Mandvie,
190 foot above the level of high tide.
deep with water during several months of every year, the rapid putrefaction of bodies becomes a leaven of plague and other disease." And Creighton, a hundred years thereafter {Epidemics of Britain, 891): "Given a soil charged with animal matter, the risk of those living upon it is in proportion to the range of fluctuation of the ground water."
Government measures
According to David Arnold (1993: 204), the municipality 'embarked on a massive, almost comically thorough, campaign of urban cleansing, flushing out drains and sewers with oceans of seawater and carbolic, scouring out scores of shops and grain warehouses (in the vicinity of which many of the first cases had occurred), sprinkling disinfectant powder in alleyways and tenements (spending more than Rs 100,000 on disinfectant alone by the end of March 1897) and, more tragically, destroying several hundred slum dwellings in the hope of extirpating the disease before it could establish itself.'Legislation needed to be extended (6 October 1886) or newly framed (All India Act to Provide for the Better Prevention of the Spread of Dangerous Epidemic Disease, February 1897) in order to empower government authorities to take draconian measures, the segregation and hospitalization of suspected plague cases, the destruction of infected property, evacuation of people, prohibition of fairs and pilgrimages, examination and detention of road and rail travellers, and the inspection of ships and their passengers.
The reader need not be reminded that a considerable portion of Bombay is under the level of high tide,and presents obvious difficulties to the drainage engineer. Add to this the volume
of water which is poured in day and night by the Tulsi and Tansa aqueducts, and the fact that there are wide spaces in Donibay where there are more people crammed within the
same area than in any city in the world.
Each of these plagueswas heralded by the same antecedents. You remember the
great rain of 1896. It rained day and night consecutively inBombay for two or three months
(eighty-seven inches) almost without intermission.
This was in June, July and part of August, followed, of course, by tropical heat. There were
missed as unworthy of suspicion. The plague was discovered 3rd in September,
Bubonic plague OF 1898 BOMBAY
1896. This great rain had its counterpart in Italy in 1348, where it fell almost without a break from Michaelmas to Candlemas. Then the rats (those awful rats which devoured Sennacherib's bowstrings) in both cases came forth from their holes, half choked, driven to the surface seeking for air, a ghastly premonition, staggering at first as if drunk, and littering the alleys with their dead bodies. Dead rats have ever been an accompaniment of the plague.
By the end of the 1920s, the disease was in gradual decline, which, according to David Arnold (1993: 236), was 'probably due less to medical and sanitary intervention, than to the natural limits set on its spread by a variety of zoological and ecological factors, such as the geographical distribution of certain species of rat fleas and the growing immunity of rats to the plague bacillus.' *In ancient Memphis there was a statue of Horus with outstretc hed arm, on the palm of which was a rat saltant, with this inscription : " Look at me and learn to reverence the gods.
own shadows. The only highly-paid and fully-employed laborer was the grave-digger, until he also toppled over.
Burying plague victims outside the city walls of Vienna, 1687
Plague victims were hospitalised (see photo: note the airiness; ventilation was recommended). For most Indians, these hospitals were places of utter pollution (blood and faeces) and loci of the unacceptable mingling of castes and religions. Suspected victims were transferred to segregation camps, where they had to live for quite some time, deprived of their relatives. For most Indians both hospitalization and segregation led to the loss of their job or their income. In order to avoid these measures, victims were smuggled out to search-free areas or well hidden within their own houses. The bubonic plague proved an implacable adversary. As time passed, the government had to fight both the epidemic and the people as an endless stream of rumours flourished, skilfully aided by the press. These rumours reveal a deep suspicion of Western medicine: doctors and hospital staff intended to poison Indians; in the hospital you would be killed so that the doctors could cut you up and, at the same time, extract a mysterious oil from your |
Industry and trade ceased to exist. Debtor and creditor were merely names. Ambition was a rotten virtue ; what was the use of economy ?
" Let us eat and drink, for to-morrow we die."
Yesterday morning a corpse was seen lying on the edge of the Queen's road,
and to-day (March I7th) two others on the same side- way.
These were samples — the last remains of a hundred " unknown residents " — nondescripts who now are sowing the earth with their ashes.
You understand the reason of what has now ripened itself into a custom. In the darkness of the night, and perhaps when there might be still a glimmer of light, they had been dropped near the burning ghaut. Relatives have, you see, no further trouble and expense. government cremates, and the surviving tenants are protected from eviction. It is here you see the sacred relations of father and mother, wife and children, brother and sister, which have been
established and everything comprehended in that sacred word " family," cast to the
winds, and the bonds which bind society together broken and destroyed. Can a greater evil befall humanity than this?
Buboes in groins and arm-pit have been the concomitants and, in each of these plagues, indications of the disease. There was the same delirium. A man would run across the street
and fall down dead. With the dawn of day dozens of dead bodies, nameless and unknown, were found in wells, ash pits, dunghills, sewers and street corners. Many had been aban-
doned by their relations, and some had committed suicide And happy was he who at sunset could say with the Emperor, " I haye lived a day."
When the total losses of the first twelve weeks of 1898 were counted up, there had fallen
20,000,
and the plague was not stayed. I suppose that few of the great battlefields of history have presented a more formidable list of dead and dying than the city of Bombay in the first three months of 1898.
For some days the only traffic observable in the streets was the wood wherewith to burn the dead. In the plague of 1348 it was the dead that menaced the living. Cremation has happily, in part, saved us from this great catastrophe. At first we were curious and anxious, then dull and stupid, now we are callous and indifferent, and the daily mortuary returns of 300 to many people awaken as little interest as the figures in an account-book or multiplication table. In the funerals that pass I observe that the body of the deceased makes very little appearance.
Glimpses of old Bombay and western India, with other papers (1900)
POST MAN 19 TH CENTURY
Bank of Bengal
- June 2, 1806: The Bank of Calcutta established.
- January 2, 1809: redesigned as Bank of Bengal
- April 15, 1840: Bank of Bombay established.
- July 1, 1843: Bank of Madras established.
- 1861: Paper Currency Act passed
- January 27, 1921: all 3 banks amalgamated to form Imperial Bank of India
- July 1, 1955: State Bank of India formed
BANKS AND MERCHANTS1836
THE earliest notice we possess of the origin of this institution is the following : —
Dec. 26th, 1836; A meeting
the same lines as the Bank of Bengal. Bank of Bengal H.O.
The Bank of Bengal Building - The ...
Committee : -J. E. Richmond. A. S. Finlay.
James Wright. W. Turner.
colonel Wood. David Greenfiill.
Dadabhai Pestonjee. M. Brownrigg.
E. C. Morgan. Captain W. Henderson.
George Ashburner, Secretary.
Capital 30 lakhs divided in 3,000 shares. 20 lakhs subscribed. Meeting agreed to procure a Charter. Prospectus to be published on December 31st. to be called The Bank of Bombay
A meeting was called of the new Bank, the notice being signed by Archd. Robertson, Edmond Bibby and Co., John Skinner and Co., D. Green hill, Ritchie Steuart and Co., Dirom Carter and Co., McGregor Brownrigg and Co., Framjee Cowasjee. On January 20th, A. S. Finlay was appointed officiating Secretary, and on February 2nd the capital of the Bank was fixed at fifty lakhs ; the Chairman being Sir Charles Malcolm.
"We may glance at some of the promoters. James Wright was a partner in William Nicol and Co., A. S. Finlay in Ritchie Steuart and Co., and J. E. Richmond and M. Brownrigg in Bombay firms which bore their names.
Dadabhai Pestonjee
deserves more than a passing notice, he heing the first native whose name appears conspicuously in Bomhay Banking enterprise, one of those pioneers who broke away from the crowd, and whose name is deeply indented in the forefront of this great movement.He came of a good stock of the Wadia family.
His great-grandfather was that Lowjee who came down from Surat in 1735, the progenitor of all the Wadia?, shipbuilders and merchants who have since contributed so much to enhance the importance of our city.
His father was Pestonjee Bomonjee,one of those seven righteous men who, in Bombay's hour of need in 1802, came forward as sponsors of the Northern Loan and relieved the Government with their money at one of the most critical periods of its history.
Dadabhai was a man of unbounded means, of great credit, of great possessions in land, property, and merchandise.
It was said that half of the land around Parell at one time belonged to him, and that his Mazagon estate was enormous. What he inherited and what he made by conquest, as the Scotch lawyers define money made in trade,
I know not. All I know is that his country house was Lall Baugh
, and, I believe , Tarala (the Sadar Adawlut) once occupied by Sir James Mackintosh, and afterwards in our day the property of the Honourable Byramjee Jejeebhoy) belonged to him, and his town house,---- CONTD:BELOW AFTER PHOTOS
march 5th, 1832. Dadabhai Pestonjee gave at Lall Baugh a ball to the Commander-in-Ciiief, Sir Colin and Lady Halkett, Members of Council, &c. Mr. Newnham a well- known civilian, gave the toast of Mr. D. Pestonjee.
He was amongst the thirteen of the native population declared by Lord Clare, in 1834, to be entitled to affix to their
name the word " Esquire.
" Happy man ! Call no man rich until he's dead. Dadabhai Pestonjee died in 1885, bereft of all his acquisitions by the vicissitudes of fortune. It was said that he once held three-eighths of the entire shares of the Oriental Bank.
Dadabhai in his days of prosperity was a fine-loftking man, tall and erect. He spoke a little English.
Of Framjee Cowasjee we need not speak in Bombay. His is a name which this city will not willingly let die ; in fact she has
taken every care to prevent such a consummation. The charming story told of Malcolm's visit to him at Powai will
live when Powai is forgotten. " I quite forgot to bring you a present; here. are my watch and seals; take them if you will as
a souvenir." There is a depth of feeling here which neither marble, nor painting, nor words can represent.
As for John Skinner,his career is familiar to our readers, and his services to the Bank, the Chamber, and in prosecution of the Overland route, can never be forgotten. We will follow him if you like to the end, after eighteen years of brilliant work in Bombay. Leaving his brother, C. B. Skinner, in Bombay
he set out for Calcutta in December, 1843, and there, in conjunction with David Jardine, founded the firm of Jardine, Skinner and Co., now eminent for fifty years, and there he died on 23rd March, 1844, of cholera, scarcely three months from his departure from Bombay.
The Bombay firm was at once dissolved, C. B. Skinner proceeding to Calcutta. He survived his brother well-nio-h
fifty years.
These digressions have left us little space for the details of the war which the promoters of the Bank had to wage before it was established in 1840.
How no one man was its architect ; how Ashburner, Finlay, Johnson and John Smith all did duty in succession as honorary secretaries ; how Ashburner was sent to London to secure a charter; how the great houses of agency frowned upon it
the Bank of Bengal,
strong in the right of primogeniture (1806), viewed its establishment with hostility and threatened to open in Bombay ;
how the Bengal Government took the same views and imparted them to the Bombay Government ; how our Chamber of Com- merce remonstrated : how in February, 1839, the whole body of shareholders, with Harry George Gordon as Chairman, met in Dirom Carter and Co.'s office " to consider Prinsep's extra- ordinary letter " ; how, a year after, a negative from England cast a general gloom over mercantile society ; how the feeli was to open, charter or no charter, — are not these things all written in the Bombay Chronicles
doomed to oblivion ? At one time it seemed, from this advertisement, as if the whole business was to end in smoke : — -
" The Batik Committee regret to liave to announce tliat the Vice-President of the Council in hniia has just poned the passing of the Charter Act in con- sequence of a resolution to revise the list of shareholders and to frame a new one. The Committee can now form no opinion when the Bank will be opened, its establishment being in the hands of the Government and beyond their control. Bombay, 27th January, 1840. By order of the Committee.
W. W. Cabgill, Secretary."
But the darkest hour is nearest the morning, and light came from the east — the usual quarter — though murky enough
before, 1840, March 11, —
Meeting in Town Hall to elect Directors, This means business. On March 20th they advertise for Secretary and Treasurer at Es. 1,200 per mensem with lis, 50,000 security.
And now on April 1st (ahsit omen) the Bank secured No, 23, Eampart Eow, belonging to Jehangier Nusserwanjee Wadia, the same premises, we may add, which have been occupied for the last thirty years by Messrs, ralli Brothers,
The Bank opened on the 15th April, 1840.
(2.) BANK OF WESTERN INDIA.
Capital 50 Lakhs. Trustees. Present Directors.
JAPAN Banknotes, Central Bank of Western India, 1866 Issues
On 12 Feb 1603 the Tokugawa clan assumes the Shogunate
Central Bank of Western India, 1866 Issuesnumismondo.net
Central Bank of Western India, 1866 Issuesnumismondo.netWESTERN INDIA,YOKUHAMA BANKNOTE 1866 25 $ ,
Central Bank of Western India, 1866 Issues
The Central Bank of Western India was an important bank because it related to Japan, America and India. The high value of $25 was significant as it was issued during a time of great turbulence in Japan,USA,INDIA and world
S. 1). Murray. E. C. Morgan. Gisl)orn, Menzies and Co,, Rampart Row, will receive applications for shares, and tne Bank will commence business as soon as the necessary arrangements can be completed, — Bombay, May 25th, 1842.
This is the first Bombay Bank that dealt in European Exchange. Out of it came directly the Oriental Bank.
On June loth, John Alexander Russell, father of the Hon. Justice Eussell (1899), Juggannath Sunkersett, and Jejeebhoy
Dadabhoy join the direction. On June 25th, W. W. Cargill sends in his resignation as Secretary and Treasurer of the
Bank of Bombay,and on July 18th, signs as Managing Director of the Bank of Western India. Ou August 5th, in the same year, the Committee consists of A. S. Ayrton, VV. Escombe, Captain Unwin, Lieutenant W. S, Sua re, E. C. Morgan, T. E. Eichmond, and John Alexander Eussell.
On October 6th, 1842, the Bank opened for business. Dr. Eobson, Gregor Grant, and Ardaseer Hormusjee do not
appear on the board of direction until February 17th, 1844. We are thus particular in these details as there are claimants
outside of this list for the honour of introducing Exchange Banking into Western India . And no doubt, as the years roll
on, the tendency wiJl be for legend to displace facts. But all the same, Litera scripta manet. Outside of Bombay,
the Union
Bank of Calcutta (1829)
and the Agra Bank, who had their agents, Dirom, Carter and Co., in Bombay (1841),have priority in exchange banking with Europe. We conline ourselves, how- ever, to banks originating in Bombay. When W. W. Cargill had resigned the post of Secretary and Treasurer of the Bank of Bombay in 1842,to be succeeded by John Stuart, he had already been over two years in that office.The Bank had been successful under his administration, and, as everybody knows, it was equally successful under that of Mr. Stuart during the long tenure of his office.The acquisition of Mr. Cargill, with all his experience, by the promoters of the Bank of Western India was thus a clear gain to it,and it is beyond controversy that he threw his whole soul into it,or he was a man of uncommon energy, A Bank of Western India was projected, or thought of, under this name as far back as August 24th, 1839 (contemporaneous with the appearance of Mr. Cargill in Bombay), by whom we do not know. But, as we have recorded, it only took definite shape on May 25th, 1842. From a glance at the list of trustees and directors then and afterwards, it will be seen that there were some men of uncommon mark among them,Framjee Cowasjee was there,
so there is some truth in the saying that he helped to found three banks in Bombay.
Jejeebhoy Dadabhoy
, the father of the Honourable Byramjee Jejeebhoy
Sassoon General Hospital is a large state-run hospital in Pune, India with over 1500 beds. The B. J. Medical College and a Nurses training School is attached to it. The Jewish philanthropist David Sassoon from Mumbai made a generous donation to make the construction of the hospital possible in 1867. The hospital could originally accommodate 144 patients. A well-respected child-care center and orphanage, Society of Friends of Sassoon Hospitals (SOFOSH), is connected to the hospital. |
of our day
had been a private banker for years. Juggannath Sunkersett, I believe the son of the chief of the goldsmiths,was a tower of strength. Ardaseer Hormusjee was the son of Hormusjee Bomanjee, of Lowjee Castle,the most prominent native citizen of Bombay during the first quarter of the century, and perhaps at his death (1826) the wealthiest man in the island, and the associate of Sir Charles Forbes. As far back as 1802 Bomanjee was one of the pillars of the earth, when the credit of the British Government in "Western India began to tremble. Among
Englishmen there was Thomas Robert Richmond, who, along with Skinner and Brownrigg, gave Bombay probably its first reclamation in all that land on which Grant Buildiugs and
other edifices were erected.
There was S. D. Murray, who was chairman of the Chamber of Commerce in 1842-43,
and T. E. Richmond, who was chair- man of the Chamber in 1840-41.
There was John Alexander Russell, of Grey and Co., of whom we are sure there must
be many memories in Bombay, and Ayrton also, before he blossomed into one of the members of Mr. Gladstone's first Administration. The Ayrtons had been long about Bombay.
His father, Frederick Ayrton (died 1829) , had been a Proctor. A. S. Ayrton left Bombay in 1852,
was M.P. in 1853, and cul- minated as the Honourable Acton Smee Ayrton, Parliamentary
, Secretary to the Treasury, Chief Commissioner of Works, and Judge- Advocate (died 1886).
It will be thus apparent that the men connected with, and at the head of, the Bank of Western India were mostly men of mark — not persons but individuals; and in spite of differences of race, religion, and up-bringing,
Cargill was un- doubtedly the man who welded them into one homogeneous mass, devoted to one purpose. The Cargills were men of indomitable energy; witness Invercargill in New Zealand, a
town of 8,000 inhabitants, founded by his brother.
- Date
- ca 1860s
The Bank of Western India opened in Medows Street, and on April 6th, 1842,
removed to No. 7, Rampart Eow. Was not this last, now (1895) Thacker and Company's shop, the same building so long occupied by the Oriental Bank, and only vacated when they moved (about 1866) into their fine new offices which were known as the Oriental Bank Buildings did the ordinary business of an exchange bank, and published tlieir rules. They drew upon the Union Bank of London, and issued notes.
The notes were refused in payment at the Bank of Bombay and also at the Government
Treasury.
The " Western " retaliated, and refused payment of Bombay Bank notes, and so the war went on
. Meanwhile (I speak without book) the bank was a success, and paid a dividend of 7 per cent. In view of opening in Ceylon in April, 1843, they issued 2,000 reserved shares at a premium of
() per cent. At a time when the Union Bank of Calcutta was in a state of suspended animation, the shares of the Bank of Western India maintained a premium of 25 per cent, on a
paid-up capital of Es. 300 per share. On 18th September, 1844, Mr. Cargill left Bombay by the
overland route for London, leaving Mr. Charles Stuart as acting manager until his return.
This was a famous journey, big with the fate of an immense undertaking. Whether it was the idea of Mr. Cargill or that of others, or that of all the directors combined, it had been grradually dawning upon them that to open in Ceylon, Calcutta, and Hongkong, they must sooner or later obtain a Charter, and that the swaddling clothes made in Rampart Eow were all too
meagre for a Corporation which was soon to cover a hemisphere with its operations. Their capital, therefore, must be doubled, 100 lakhs instead of 50, and their head office must be in
London, the centre of the world's finance, and it was no idle dream. Mr. Cargill was equal to it all. Whoever originated the idea, it was he who carried it out. He came, he saw, he conquered. He obtained at once as chairman a former acting Governor of Bombay, and after constituting his board — court of directors we ought to say — he returned to Bombay, and on his arrival on the 15 th June, 1845, issued the following notice.
So runs the rede : — ^' The Bank of Western India will henceforth be carried on under a new
deed of Settlement under the name of The Oriental Bank."
This paper has nothing to do with his after career, but we humbly think that the reader will share our opinion that this ■journey of William Walter Cargill vindicates his title to have
been the founder of the Oriental Bank. At all events we sliall 'hold this opinion until some new light reaches us.
ORIENTAL BANK, 1845.
We have little more to add to the above notification, taken from the newspapers. The times were propitious — the men who embarked in this enterprise brooked no opposition — a charter would no doubt be soon forthcoming; so before 1845 was out the magnificent new notes of the Oriental Bank, engraved specially for Bombay, Rs. 5 up to lis. 1,000, were passing from hand to hand, the finest specimens of the London engraver's art, and everyone of them good for the amount,
blazoned with our Town Hall, and a glory of palm trees, with the Eoyal Standard floating over the bastions of Bombay Castle. " Western India " was henceforth swallowed up in the
Oriental, which at once, Minerva-like, had risen fully armed from the head of Jupiter.
( 3.) ORIENTAL BANK, 1845.
The following is the first announcement of the opening of the Bank in Bombay : —
HEAD OFFICE IN LONDON.
Court of Dieectors.
G. W. Anderson, Esq Chairman.
li. H. Kennedy, Esq Deputy Chairman.
W. W. Cargili, Esq Chief Manager.
CHIEF OFFICE IN INDIA.
Bombay.
Board of Directors.
Thomas Robson, Esq., M.D., Chairman.
Juggannath Sunkersett, Esq. Dadabhoy Rustomjee, Esq.
Ardaseer Hormusjee, Esq. James Boyd, Esci.
(iregor Grant, Esq., C.S. Captain Unwin.
T. R. Richmond, Escj.
Trustees. Dr. James Biirnes. Juggannath Sunkersett, Esq.
K. H. Dadabhoy Rustomjee, Esq.
Charles J. F. Stuart Managing ad interim.
Dugald Bremner Accountant.
C. G. Ingelow Deputy Accountant.
Wissanath Balcrustnajee ... . . . Cashier,
Dorabjee Hormusjee Check Office.
Mr. J. Hurst Transfer Office. Calcutta Branch.
iRobert Glaspoole Lancagter .... Manager.
Avilliam Anderson Accouctant.
Ceylon Branch (Colombo).
George S. Duff Manager.
ter Rankine Accountant.
J. F. Moir Agent at Kantly.
China Branch.
James Sinclair "» Joint Managers,
James McEwen / ad interim.
fc>. J. D. Campbell Inspector of Branches.
Holidays — Christmas and Good Friday.
We are here met by a multiplicity of names — G. W.
Anderson, Acting Governor of Bombay, 1841-1842.
Dadabhoy Eustomjee, China merchant, son of the celebrated Framjee
Cowasjee.It seems but yesterday that Ardaseer Hormusjee,
of great dignity and much respected, was among us.
And
Juggannath Sunkersett, foremost man in these early days of banking enterprise, cut off in 1865.
Of him Dr. Birdwood (Sir George) then wrote : — " One can hardly believe that he has
passed for ever from our midst, and that the elements of his stout frame — unchained by fire — are scattered to every wind of heaven."
There were also Duff, now tea planter in Ceylon ; Peter Rankine, not unknown in Bombay;
Mr. Moir, whose genial face many of us remember, and who piloted his ship
discreetly in evil days and evil times, and Anderson, afterwards agent in Calcutta, who added much to the resources of the Bank.
There is one name there embedded as if in obscurity, Charles James Stuart, in Bombay managing ad interim, who was destined to rise to great eminence as General Manager in London o'f the Bank, and, we might add, as the wise Dictator of Eastern Finance in " the sixties."
How many could have wished that in his superintendence of the whole concern his
" sittings could have been declared permanent ! " He died about 1876.
St. Thomas's Cathedral
The white long drapes,hanging; on each side ,over the pew seats are the hand pulled punkah(fan) used before discovery of electricity &GAS KEROSENE LIGHTS:- |
HERE THE INTERIOR SHOWS ELECTRIC FANS-ABOVE PHOTO SHOWS HAND PULLED FANS(PUNKAH);AND KEROSENE LIGHTS -- BEFORE ELECTRICITY WAS DISCOVERED
On almost every tombstone, one can find poems of valour & bravery, of prudence & class.
And mind you its not only the men who score here.... for once we astonishingly find a place, for an era so old, without much gender discrimination. Yup! the ladies take away quite a few claps & hearts too !
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