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Bombay's People, 1860-98
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Bombay's People, 1860-98: Insolvents in the City

Asiya Siddiqi

Abstract

Caught in the web of global economic fluctuations, Bombay experienced a cataclysmic financial crisis in the 1860s. Before the crash the city’s economy was heavily dependent on the trade in cotton. By 1865, with the end of the American Civil War, the price of cotton plummeted, and with it the fortunes of Bombay’s people. Even people not directly involved in the cotton trade were affected. Thousands declared themselves insolvent and sought the protection of the Bombay High Court. Drawing on almost twenty thousand petitions of insolvents, Asiya Siddiqi explores a crucial phase of transformations ... More

Keywords: colonial economy, financial crisis, insolvency, economic relationships, social relationships, nineteenth-century Bombay, women’s lives, income, literacy, religion, occupation

Bibliographic Information

Print publication date: 2017 Print ISBN-13: 9780199472208
Published to Oxford Scholarship Online: February 2018 DOI:10.1093/oso/9780199472208.001.0001

Authors

Affiliations are at time of print publication.

Asiya Siddiqi, author
Former Professor, Department of History, University of Bombay, Mumbai.