India rubber

Definition and stakes

William Augustus Miles,  The Letters of Gracchus on the East India Question

“ Surely, if the foundations of the empire in both hemispheres have nothing more to threaten them, than whether the out-port shipping shall carry their cargoes home to their respective ports, or repair to the dock-yards in the port of London, the most timid politician may dismiss his alarms and resume his confidence. When the East India Company, by conceding a regulated Export Trade, have at once demonstrated the absurdity of all the predictions which foretold, in that Trade, the overthrow of the Indian Empire ”
Source: Gutenberg

John Welsh Dulles,  Life in India (1855)

“ With a rude machine, costing, with all its appurtenances, but a half dollar or dollar, seated on the ground of his clay-built hut, the Hindu weaver produces fabrics of wonderful fineness and elegance, that once were the admiration of the world. Now, however, the great cheapness of the goods made by the aid of machinery and steam in Europe and America, has diminished the demand for Indian cloths abroad, and even threatens in India itself to drive the laborious Hindu from competition with his more ingenious competitors. ”
Source: Wikisource

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