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s cavalry covering the siege of Delhi by his regular brigade. In the midst of the festivity he had a European soldier of the King's 76th Regiment, who had been taken prisoner, strangled behind the curtain, and his head stuck upon a spear and placed in the midst of the assembly, where the 'nach' (nautch) girls were made to dance round it. Lord Lake reached the place the next morning in pursuit of this monster; and the gallant regiment, who here heard the story, had soon an opportunity of revenging the foul murder of their comrade in the battle of Dig, one of the most gallant passages of arms we have ever had in India.[4] Near Kosi there is a factory in ruins belonging to the late firm of Mercer & Company. Here the cotton of the district used to be collected and screwed under the superintendence of European agents, preparatory to its embarkation for Calcutta on the river Jumna. On the failure of the firm, the establishment was broken up, and the work, which was then done by one great European merchant, is now done by a score or two of native merchants. There is, perhaps, nothing which India wants more than the concentration of capital; and the failure of a I [5] the great commercial houses in Calcutta, in the year 1833, was, unquestionably, a great calamity. They none of them brought a particle of capital into the country, nor does India want a particle from any country; but they _concentrated_ it; and had they employed the whole, as they certainly did a good deal of it, in judiciously improving and extending the industry of the natives, they might have been the source of incalculable good to India, its people, and government.[6] To this concentration of capital in great commercial and manufacturing establishments, which forms the grand characteristic of European in contradistinction to Asiatic societies in the present day, must we look for those changes which we consider desirable in the social and religions institutions of the people. Where land is liable to eternal subdivision by the law and the religion of both the Muhammadan and Hindoo population; where every great work that improves its productive powers, and facilitates the distribution of its produce among the people, in canals, roads, bridges, &c., is made by Government; where capital is nowhere concentrated in great commercial or manufacturing establishments, there can be no upper classes in society but those of office; and of all societies, perhaps that is
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