Merchants, Bankers, Governors: British Enterprise in Singapore and Malaya, 1786-1920 PDF
Preview Merchants, Bankers, Governors: British Enterprise in Singapore and Malaya, 1786-1920
10500_9789813222410_tp.indd 1 12/6/17 10:04 AM b2530 International Strategic Relations and China’s National Security: World at the Crossroads TTTThhhhiiiissss ppppaaaaggggeeee iiiinnnntttteeeennnnttttiiiioooonnnnaaaallllllllyyyy lllleeeefffftttt bbbbllllaaaannnnkkkk b2530_FM.indd 6 01-Sep-16 11:03:06 AM 10500_9789813222410_tp.indd 2 12/6/17 10:04 AM Published by World Scientific Publishing Co. Pte. Ltd. 5 Toh Tuck Link, Singapore 596224 USA office: 27 Warren Street, Suite 401-402, Hackensack, NJ 07601 UK office: 57 Shelton Street, Covent Garden, London WC2H 9HE Library of Congress Cataloging-in-Publication Data Names: Drake, P. J. (Peter Joseph), author. Title: Merchants, bankers, governors : British enterprise in Singapore and Malaya, 1786–1920 / by Peter J. Drake. Description: New Jersey : World Scientific, [2017] | Includes bibliographical references and index. Identifiers: LCCN 2017011670 | ISBN 9789813222410 (hardcover : alk. paper) Subjects: LCSH: Great Britain--Commerce--Singapore--History. | Singapore--Commerce-- Great Britain--History. | Great Britain--Commerce--Malaysia--Malaya--History. | Malaya--Commerce--Great Britain--History. Classification: LCC HF3800.67.Z7 G73 2017 | DDC 382.0941/0595--dc23 LC record available at https://lccn.loc.gov/2017011670 British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library. Copyright © 2018 by World Scientific Publishing Co. Pte. Ltd. All rights reserved. This book, or parts thereof, may not be reproduced in any form or by any means, electronic or mechanical, including photocopying, recording or any information storage and retrieval system now known or to be invented, without written permission from the publisher. For photocopying of material in this volume, please pay a copying fee through the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA. In this case permission to photocopy is not required from the publisher. Desk Editor: Jiang Yulin Typeset by Stallion Press Email: [email protected] Printed in Singapore Yulin - 10500 - Merchants, Bankers, Governors.indd 1 16-05-17 4:15:13 PM 9”x6” b2853 Merchants, Bankers, Governors: British Enterprise in Singapore and Malaya, 1786–1920 For Madeleine, Justin and Felicity, who have waited decades for their book. b2853_FM.indd 5 6/12/2017 1:30:18 PM b2530 International Strategic Relations and China’s National Security: World at the Crossroads TTTThhhhiiiissss ppppaaaaggggeeee iiiinnnntttteeeennnnttttiiiioooonnnnaaaallllllllyyyy lllleeeefffftttt bbbbllllaaaannnnkkkk b2530_FM.indd 6 01-Sep-16 11:03:06 AM 9”x6” b2853 Merchants, Bankers, Governors: British Enterprise in Singapore and Malaya, 1786–1920 Acknowledgements Over the long gestation period of this book I have received much material support and encouragement from many institutions and colleagues, for which I am most grateful. The Nuffield Foundation generously awarded me a Commonwealth Travelling Fellowship, which I held from August 1969 to October 1970 in the Institute of Commonwealth Studies, University of London. I was also made welcome and granted facilities in the neighbouring School of Oriental and African Studies of the University. The Nuffield Foundation also provided fine accommodation for my family. When I returned to London in 1984, the Nuffield Foundation again provided residential accommodation and the Institute of Commonwealth Studies an aca- demic home again. The University of Melbourne and The University of New England each granted me study leave for these respective periods. I owe special thanks to J. Gordon Menzies and George Rothery who took constant interest in my work and used their influence to open com- mercial doors for me in London. From the merchant firms and banks, I thank H.B. Roper-Caldbeck, Frank Man, T.M. Walker, A.E. Scott, John Wilson, J.H. Girling, K.G. Sinclair, J.H. Morris, T.B. Russell, T.B. Barlow, Keith Anderson and Ina Swain in London; and Eric Jennings, J.G. Gilmour and Sir Anthony Hayward in Singapore. Of particular mention is John Gullick who was a colonial civil servant in the Malay States before join- ing Guthrie & Co. in 1957; on his later retirement he continued to be vii b2853_FM.indd 7 6/12/2017 1:30:18 PM b2853 Merchants, Bankers, Governors: British Enterprise in Singapore and Malaya, 1786–1920 9”x6” viii Merchants, Bankers, Governors a significant and productive scholar of Malaya and took much interest in this work. In the academic world, I must first greatly thank John Drabble, with whom I have long enjoyed friendship and collaboration on our common interest in Malayan economic history. Chiang Hai Ding, Wong Lin Ken, C.D. (Jeremy) Cowan, Peter Lyon, Peter Ayre, Leslie Pressnell, Harold Luckham, Hal Hill and Gregg Huff deserve warm thanks for their advice and encouragement. Susan Littler, Florence Harris and Joan Drake gave research assis- tance at different stages of the work. Jayne Carlon, Fiona Wilkinson and Kate McDowell typed various sections of the manuscript. I thank them all for their kind help. b2853_FM.indd 8 6/12/2017 1:30:18 PM 9”x6” b2853 Merchants, Bankers, Governors: British Enterprise in Singapore and Malaya, 1786–1920 Contents Acknowledgements vii Preface xi Chapter 1 The Earliest Times: 1786–1850s 1 Chapter 2 Taking Root: 1850s–1870 25 Chapter 3 Straits Politics and Trade Infrastructure, 1867–1873 37 Chapter 4 Opening the Peninsula, 1874–1896 55 Chapter 5 Currency and Banks 83 Chapter 6 Rapid Economic Growth and Change, 1896–1914 103 Chapter 7 Merchant Firm 1: Guthrie & Co. 121 Chapter 8 Merchant Firm 2: Boustead & Co. 143 Chapter 9 Finale 175 Bibliography 181 A Note on Sources 187 About the Author 189 Index 191 ix b2853_FM.indd 9 6/12/2017 1:30:18 PM
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