These industrial innovations were at first pure Western transplantings
set in Eastern soil. Initiated by Western capital, they were wholly
controlled and managed by Western brains. Western capital could not
venture to entrust itself to Orientals, with their lack of the modern
industrial spirit, their habits of "squeeze" and nepotism, their lust
for quick returns, and their incapacity for sustained business
team-play. As time passed, however, the success of Western undertakings
so impressed Orientals that the more forward-looking among them were
ready to risk their money and to acquire the technique necessary for
success. At the close of Chapter II, I described the development of
modern business types in the Moslem world, and the same is true of the
non-Moslem populations of India. In India there were several elements
such as the Parsis and the Hindu "banyas," or money-lenders, whose
previous activities in commerce or usury predisposed them to financial
and industrial activity in the modern sense. From their ranks have
chiefly sprung the present-day native business communities of India,
exemplified by the jute and textile factories of Calcutta and Bombay,
and the great Tata iron-works of Bengal--undertakings financed by native
capital and wholly under native control. Of course, beside these
successes there have been many lamentable failures. Nevertheless, there
seems to be no doubt that Western industrialism is ceasing to be an
exotic and is rooting itself firmly in Eastern soil.[210]
The combined result of Western and Eastern enterprise has been, as
already stated, the rise of important industrial centres at various
points in the Orient. In Egypt a French writer remarks: "Both banks of
the Nile are lined with factories, sugar-refineries and cotton-mills,
whose belching chimneys tower above the mud huts of the fellahs."[211]
And Sir Theodore Morison says of India: "In the city of Bombay the
industrial revolution has already been accomplished. Bombay is a modern
manufacturing city, where both the dark and the bright side of modern
industrialism strike the eye. Bombay has insanitary slums where
overcrowding is as great an evil as in any European city; she has a
proletariat which works long hours amid the din and whir of machinery;
she also has her millionaires, whose princely charities have adorned her
streets with beautiful buildings. Signs of lavish wealth and, let me
add, culture and taste in Bombay astonish the visitor from the inland
districts. The brown villages and never-ending fields with which he has
hitherto been familiar are the India which is passing away; Bombay is
the presage of the future."[212]
Public-domain text, read in full here on John Shaqi.
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