The British and the Moneylender in Nineteenth-Century India

  title={The British and the Moneylender in Nineteenth-Century India},
  author={Thomas R. Metcalf},
  journal={The Journal of Modern History},
  pages={390 - 397}
  • T. Metcalf
  • Published 1 December 1962
  • History, Economics
  • The Journal of Modern History
ger. The resulting conflict between principle and expediency, between laissez faire and protection, forms the dominant theme of British policy toward the moneylender during the nineteenth century. The moneylender was, of course, not a new figure in Indian society in the nineteenth century, nor was he a creation of the British raj. He had always existed, and performed indispensable services to a community perennially short of capital. His advances alone often enabled the peasant to survive… 
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