What Did the Peasants Pay the British Landlords As Rent? What Did the British Now Want Instead and Why? - Indigo
What did the peasants pay the British landlords as rent? What did the British now want instead and why? What would be the impact of synthetic indigo on the prices of natural indigo?
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The peasants were bound under a long term contract with the British planters. According to this contract,the peasants had to grow indigo on fifteen percent (15% ) of the land. All the produce had to be surrendered as rent. But when synthetic indigo was developed by Germany, the landlord did not want to grow natural Indigo. Natural Indigo was no more profitable now. The prices had fallen. Now the landlords wanted compensation from the peasants for not growing Indigo on the land for releasing them from the Indigo raising agreement.
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The peasants were bound under a long term contract with the British planters. According to this contract,the peasants had to grow indigo on fifteen percent (15% ) of the land. All the produce had to be surrendered as rent. But when synthetic indigo was developed by Germany, the landlord did not want to grow natural Indigo. Natural Indigo was no more profitable now. The prices had fallen. Now the landlords wanted compensation from the peasants for not growing Indigo on the land for releasing them from the Indigo raising agreement.
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