General History Thread - India : News , Updates & Discussions .

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Max Müller’s letters dated August 25, 1856 and December 16, 1868 reveal the fact that he was desperate to bring Christianity into India so that the religion of the Hindus should be doomed.

His letters also reveal that:

4. He lived in poverty before he was employed by the British, (5) his duplicity in translation was praised by his superiors, and (6) in London, where he lived, there were a lot of orientalists working for the British.​


Letters of Max Müller.


“The Life and Letters of Friedrich Max Müller.” First published in 1902 (London and N.Y.). Reprint in 1976 (USA).

1. TO HIS WIFE, OXFORD, December 9, 1867.​


“…I feel convinced, though I shall not live to see it, that this edition of mine and the translation of the Veda will hereafter tell to a great extent on the fate of India, and on the growth of millions of souls in that country. It is the root of their religion, and to show them what that root is, I feel sure, the only way of uprooting all that has sprung from it during the last 3,000 years.”

2. TO HIS MOTHER, 5 NEWMAN'S ROW, LINCOLN'S INN FIELDS, April 15, 1847.


“I can yet hardly believe that I have at last got what I have struggled for so long… I am to hand over to the Company, ready for press, fifty sheets each year; for this I have asked £200 a year, £4 a sheet. They have been considering the matter since December, and it was only yesterday that it was officially settled.”​
“…In fact, I spent a delightful time, and when I reached London yesterday I found all settled, and I could say and feel, Thank God! Now I must at once send my thanks, and set to work to earn the first £100.”​

3. To Chevalier Bunsen. 55 St. John Street, Oxford, August 25, 1856.


“India is much riper for Christianity than Rome or Greece were at the time of St. Paul. The rotten tree has for some time had artificial supports… For the good of this struggle I should like to lay down my life, or at least to lend my hand to bring about this struggle. Dhulip Singh is much at Court, and is evidently destined to play a political part in India.”

To the duke of Argyll. Oxford, December 16, 1868.

“India has been conquered once, but India must be conquered again, and that second conquest should be a conquest by education. Much has been done for education of late, but if the funds were tripled and quadrupled, that would hardly be enough… A new national literature may spring up, impregnated with western ideas, yet retaining its native spirit and character… A new national literature will bring with it a new national life, and new moral vigour. As to religion, that will take care of itself. The missionaries have done far more than they themselves seem to be aware of.”​

“The ancient religion of India is doomed, and if Christianity does not step in, whose fault will it be?”​

4. (a) From the diary of Max Müller. Paris. April 10, 1845.


“I get up early, have breakfast, i.e. bread and butter, no coffee. I stay at home and work till seven, go out and have dinner, come back in an hour and stay at home and work till I go to bed. I must live most economically and avoid every expense not actually necessary. The free lodging is an immense help, for unless one lives in a perfect hole… I have not been to any theatre, except one evening, when I had to pay 2 francs for a cup of chocolate, I thought ‘Never again’.”

(b) To his mother. Paris, December 23, 1845.

“…instead of taking money from you, my dearest mother, I could have given you some little pleasure. But it was impossible, unless I sacrificed my whole future… I have again had to get 200 francs from Lederhose, and with the money you have just sent shall manage till January or February.”​
5. On April 17, 1855, Bunsen wrote to thank Max Müller for an article on his
Outlines.


“You have so thoroughly adopted the English disguise that it will not be easy for any one to suspect you of having written this ‘curious article.’ It especially delights me to see how ingeniously you contrive to say what you announce you do not wish to discuss, i.e. the purport of the theology. In short, we are all of opinion that your cousin was right when she said of you in Paris to Neukomm, that you ought to be in the diplomatic service!”​

6. To his mother. September 1, 1847.


“My rooms in London are delightful. In the same house lives Dr. Trithen, an orientalist, whom I knew in Paris, and who was once employed in the Office for Foreign Affairs in St. Petersburg. Then there are a great many other orientalists in London, who are mostly living near me, and we form an oriental colony from all parts of the world… We have a good deal of fun at our cosmopolitan tea-evenings.”​
 

Major falsehoods as promoted by the British.​



Accordingly they created three groups of major falsehoods to deteriorate Hindu culture. They were:

1. Sages and Saints: To demean the Vedic Rishis, Sages and brahmans by calling them savages and to degrade all our great Masters and acharyas (because the early inhabitants of the British Isles were like savages, and prior to that, according to the Old Testament, the generation during the 1200’s BC was such that sometimes they slept with animals for carnal fun. So, killing and eating bulls, cows, horses and sacrificing animals was their regular routine).

2. Literature: To despise the authentic greatness of the Sanskrit language and to condemn all the scriptures including the Vedas, calling them a myth and poetical imagination (because they themselves had nothing but myths and the frantic expressions of fighting and killing of demons etc., like their ancient topmost classical book, Beowulf, written around 700 AD, describes about the mythological person Beowulf who went on an expedition and killed a savage monster and fire breathing dragons).

3. History: To reject the authentic history and to fabricatingly reconstruct a false history of India by making Chandragupt Maurya a contemporary of Alexander and making it a fixed point in their writings, and also by fixing the date of Hindu scriptures between 1200 BC and 1000 AD in order to fit in with their Aryan invasion fiction (because their own early history is the history of barbarism, and the later history is the history of lust, greed, cruelty, riots and wars with no spirituality at all).

In this way throwing their social and historical dirt on the Hindu culture by mutilating it, and thus, showing themselves that they are better than us, they ruled India for about two hundred years.

During the 19th century and the early 20th century almost all of the writers and the historians exactly followed the above guidelines of falsehood as established by the diplomats of the British regime. They were all either employed or appointed and influenced by them to write such books. Thus, there were quite a number of books written by the famous writers of that time with detailed statements and charts that elaborated the wrong descriptions. So, the few, who were independent writers, followed the same wrong tradition because that was the only available material for them to get the information for their writings.

In this way the entire literary work of the whole world was infused with such ideas. The Encyclopaedia Britannica was fed with all the wrong information about Indian culture, religion and history as written by Jones, Max Müller and others, and the other encyclopedias blindly followed the same tradition. It should be kept in mind that the British Empire was the most powerful empire in the world in those days. So it was quite easy for them to manipulate all the literary works of that period.


We are giving the samples of the writings of a few writers: some of the Asiatic Researches and Pargiter. You will see that their writings bear the motivations of the same class and kind with the same kind of fabrications of Bhartiya history.​
 

Asiatic Researches group of people.​


Asiatic Society of Calcutta​


In 1784 the “Asiatic Society of Bengal” (Calcutta) was founded by Sir William Jones under the patronage of Warren Hastings. The Society was formed with thirty Europeans assembled on the invitation of Sir William Jones. In his inaugural speech he told the aims of the Society in the following words, “The bounds of its (Society’s) investigation will be the geographical limits of Asia, and within these limits its enquiries will be extended to whatever is performed by man or produced by nature.” All the thirty European men accepted the membership of the new Society. This included Sir Robert Chambers (1737-1803), Chief Justice of the Supreme Court and Sir John Shore (1771-1834) a high official of the government, H.H. Wilson, J.D. Peterson, H.T. Colebrooke, and F. Wilford, etc.


Inspired by the establishment and success of the Asiatic Society in Calcutta, Societie Asiatique was formed in Paris in 1822. A year later in 1823, Royal Asiatic Society of Great Britain and Ireland was formed in London. In 1842 the American Oriental Society was founded in the USA. In 1844 the German Oriental Society was formed. Branches of the Royal Asiatic Society of Great Britain and Ireland were also formed in Bombay, Ceylon, China and Malaysia.

Jones was made the President of the Asiatic Society of Bengal (Calcutta).
He held the post until he died. The Society’s general meeting was held every year in the month of February. Jones used to deliver a speech on some topic. From 1784 -1793 he gave ten lectures.


One of the main activities of the Asiatic Society was to collect the old manuscripts of India. There was an enormous collection of Sanskrit manuscripts with the Society. By 1849 the Society had its own museum consisting of inscriptions in stone and metal, icons, old coins and manuscripts etc. The Society’s new building was inaugurated by S. Radhakrishnan, the President of India on February 2, 1965.

In 55 years a total of 20 volumes were published that contained the essays of its writers. Apart from that, since 1832 ‘Journal of the Asiatic Society of Bengal’ was published every year, and the Society has also published well-edited old texts of Sanskrit and Bengali etc. The Society’s Library today contains more than 200,000 volumes related to Indology.​

Behind all those amazingly voluminous activities of the Asiatic Society there was a hidden aim of the English people which was expressed by Jones himself in the writings of his first essay of 1784. Accordingly, in that essay he condemned the Divinity of all the forms of Hindu God and tried to his fullest to destroy Their religious image. In his presidential speech of 1786 he tried to destroy the ancient supremacy of the Sanskrit language, and in his tenth speech of 1793 he tried to destroy the authenticity of the ancient history of the Puranas. Thus, trying to paralyze the total structure of the Hindu religion, he established certain fallacies which were made the guidelines for the activities of the Asiatic Society, its members and its associates. They wrote and worked in that specified direction while keeping an outside image that they were doing some kind of geographical and religious research.
 

review of the translation of Vishnu Puran by H.H. Wilson


First published 1832. Printed in India by Nag Publishers, Delhi, in 1980, and reprinted in 1989.​

In the preface of the Vishnu Puran, written by Mr. Wilson, he releases the stress of his heart by using all of his favorite words like, absurd, thieves, imposters, myth, fiction, barbarous, degraded, outcast, puerile and speculations etc., for all the Puranas, and all the scriptures. These are all the words of an English gentleman according to the standard of those days where Wilson criticizes the supreme Divinity of Krishn, disregards all the Puranas by calling them absurd, puerile and imaginative, and condemns the entire history by crushing and cutting the reigning period of all the dynasties of this manvantar (before the Mahabharat war and after the Mahabharat war) into a period of only 4,600 years which is actually 120.5331 million years. It is like cutting an extra large shirt and fitting it to a tiny doll and throwing the rest into the trash can. Now you can see what he writes.


He condemns the authenticity of all the Puranas.


“The facility with which any tract may be thus attached to the nonexistent original, and the advantage that has been taken of its absence to compile a variety of unauthentic fragments, have given to the Brahmanda, Skanda, and Padma, according to Wilford, the character of being the Puranas of thieves or imposters. Original copies don’t exist, thus all of them are made up and unauthentic.”

“There is nothing in all this to justify the application of the name. Whether a genuine Garuda Purana exists is doubtful.” (p. lii)

“The documents (the manuscripts of the Puranas) to which Wilford trusted proved to be in great part fabrications, and where genuine, were mixed up with so much loose and unauthenticated matter, and so overwhelmed with extravagance of speculation, that his citations need to be carefully and skillfully sifted, before they can be serviceably employed… legends apparently invented for the occasion renders the publication worse than useless.” (p. lxx)​

“The Brahm Vaivart, as it now exists… the great mass of it is taken up with tiresome descriptions of Vrindavana and Goloka, the dwellings of Krshna on earth and in heaven; with endless repetitions of prayers and invocations addressed to him; and with insipid descriptions of his person and sports, and the love of the Gopis… the stories, absurd as they are, are much compressed to make room for the original matter, still more puerile and tiresome. The Brahmavaivartta has not the slightest title to be regarded as a Purana.” (p. xl, xli)

Condemns the description of


Mount Meru, the seven circular continents, and their surrounding oceans, to the limits of the world; all of which are mythological fictions, in which there is little reason to imagine that any topographical truths are concealed.” (p. lx)​

Criticizes the supreme Divinity of Krishn.


“The fifth book of the Vishnu Purana is exclusively occupied with the life of Krshna. They are the creations of a puerile taste, and grovelling imagination. These chapters of the Vishnu Purana offer some difficulties as to their originality.” (p. lxviii)​

History: On p. lxii he describes that only 1,100 years passed between the Great War and Chandragupt (Maurya) whereas in the same book (Volume No. IV pp. 643-646) he relates a difference of 1,600 years. Moreover, he randomly fixes the date of Mahabharat war at 1400 BC, disregards all of our Divine records by calling them absurd, and crushes the entire history of all the dynasties of this manvantar (which is 120.5331 million years) into a period of about 4,600 years (1200 + 1400 BC + 1999 AD).


We will now take two verses, the very first one and the very last one, of the Vishnu Puran to show the shortcomings of Wilson’s translations.

The first verse starts like this:

1749252683391.gif
Wilson translates it, “May that Vishnu, who is the existent, imperishable Brahm, who is Ishwar, who is spirit.” The actual meaning of the word puman is the personal form of God. Thus, the meaning of the above verse is, “The eternally existing absolute brahm Who is Ishwar (the creator and maintainer of the universe), has a personal form.” Wilson changed the meaning of the word puman from ‘personal form’ to ‘spirit,’ because the Bible describes God as ‘spirit.’​


A line of the last verse is:

37.2.gif


In this verse, roopam, prakritipar and atmmayam are the key words. Roopam means the form or the body of God. Prakritipar means beyond the realm and the effects of maya, the cosmic power. Atmmayam means that the form of God is the form of His own absolute Divine being. Material beings have soul and body configuration, not God. The body of the personal form of God is eternal (sanatan = eternal) and simultaneously omnipresent.

Thus, the meaning of the above sentence is: “The personal form (the Divine body) of God, Hari, is eternal, is beyond maya and is the form of His own absolute Divine being.” But Wilson translates it as: “Eternal Hari, whose essence is composed of both nature and spirit.”

How wrong and adverse these translations are, is an example in itself. These translations give the idea that God has no personal form and whatever God is, is only spirit and is of a mayic nature, which means fully materialistic. The God of Wilson, in the holy Bible, is said to be ‘spirit,’ and also it is said in the Revelation that God looks like ‘a jasper and sardine stone.’ Probably Wilson was trying to bring his ‘stone, and spirit’ God into the Puranas. That’s why he has translated the Vishnu Puran like this and has tried to destroy the Divine and the Gracious theme of the Vishnu​
 

(38) F. E. Pargiter (1852-1927).​



I.C.S. (Indian Civil Service), High Court Judge, Calcutta.
Retired 1906, Vice President of the Asiatic Society, London.

Pargiter writes that:


“Ancient Indian Historical Tradition.”


  • The whole of the Sanskrit literature has no historical works. (Chapter 1, page 2)​
  • Aryans established themselves in India through long warfare. (1/3)​
  • Vedic literature does not give any information who compiled them… No trust can be placed in the Vedic literature as regards any matter which the brahmans found. (1/9,10)​
  • The original brahmans were not so much priests… they were wizards… (26/308)​
  • These statements of yugas and manvantar are generally worthless for chronological purposes. (15/178)​
  • Chandragupt began to reign in or about 322 BC. He was preceded by the Nine Nandas… The reign of Nandas would be 80 years. (15/179)​
  • From the Bharat battle to the Mahapadm (Nand) there were 37 Magadh kings… the total of all of their reigns (according to Puran) is (940 + 138 + 330) = 1,408 years. These figures cannot be relied upon. (These figures according to the Bhagwatam are 1,000 + 138 + 360 = 1,498 years.)​
  • The reign of Mahapadm (Nand) began in 402 BC (322 + 80) by overthrowing the last king of Shishunag dynasty.​
  • From the 7th king of Brihadrath dynasty and up to the last king of Shishunag dynasty, the reigning period was 448 years; and from the 1st to 6th king of Brihadrath dynasty (the first dynasty after Mahabharat war), the reigning period was 100 years.​
  • Thus (402 + 448 + 100) 950 BC is the date of Mahabharat battle. (15/179 to 182)​

“The Purana Text of the Dynasties of the Kali Age.”


  • The Puranas were originally in prakrit (local) language. What we have now is the Sanskritized version of older prakrit shlokas.​
  • The Bhavishya Puran existed in the 3rd century AD and Matsya Puran borrowed what the Bhavishya contained before the Gupt era (320 AD). Then Vayu, Brahmand and Vishnu Puran were compiled accordingly.​
  • The brahmans fabricated the passages, and the later readers of the Puranas further fabricated the details of the text.​
  • The brahmans converted prakrit words of the Puranas into Sanskrit and substituted future tense for past tenses… and altered them to the form of a prophecy uttered by Ved Vyas.
    (Intro/10 to 27)​

Comments. Every Hindu, who has some understanding about the Bhagwatam and the Gita, knows that all of the Vedas and the Puranas were written by the descended Divine Personality Ved Vyas in Sanskrit language, and Mahabharat war had happened before kaliyug started. Also, every educated person who has consulted the yearly Kashi Hindu Vishvavidyalaya calendar, called the Panchang, which is a reputed calendar of India, knows that over 5,000 years have passed since kaliyug started because the calendar itself gives the exact year of the start of kaliyug which comes to 3102 BC.
Accordingly, the Mahabharat war had happened in 3139 BC. But Pargiter brings the date of Mahabharat war down to 950 BC, kills our historic years right away by 2,189 years and again says that the Puranas were written in local (prakrit or Pali) language around the third century AD by the brahmans who further fabricated and expanded them. If one has a regard for Hindu religion, could he tolerate to hear or read such falsehoods? Yet, the writer of these lines is called a great historian.

Even the topmost critic of the Vedic religion, Max Müller, has not written such a thing that the Puranas were written in local language which Mr. Pargiter fabricated from his judicial brain. These are such blunders that instantly reveal the motivation of the writer and without any further evidence they tell that he was doing it on purpose. As he was already in the service of the British government, it is obviously evident that he was working on their instructions, and as such, to mutilate the history and the Vedic culture, he was trying new ways to distort our historic dates and to abuse the Sages and the Sanskrit literature in order to please his superiors.


Take the example of the Mahabharat war: 3139 BC is the date that is recognized by all of the acharyas, Jagadgurus and the Divine Masters. But, Pargiter, rejecting all those evidences, assumes a date 950 BC in his mind and, squeezing the reigning period of all the dynasties that ruled Magadh, he just terminates 2,189 years out of his free will and says that Mahabharat war happened in 950 BC.

The Bhagwatam says that the four dynasties, 21 kings of Brihadrath, 5 of Pradyot, 10 of Shishunag and Mahapadm Nand Family ruled for 1,598 years (1,000 + 138 + 360 + 100). So, 3139 BC (-) 1,598 years of the total reign of four dynasties comes to 1541 BC, which was the coronation year of Chandragupt Maurya who succeeded after Mahapadm Nand.

Instead of 1541 BC, Pargiter took 322 BC for Chandragupt Maurya because it was stated by Sir William Jones, and thus, terminated 1,219 years in one shot. Then he reduced 970 years more from the total reigning period of the four dynasties (1,000 + 138 + 360 + 100 = 1,598). He took only 628 years instead of 1,598 years, and thus, fabricated a round figure of (322 BC + 628) 950 years BC.

It is quite amusing how he arrived at the 628 year figure. Pargiter gave 80 years to Mahapadm and his sons, the last of the four dynasties. Then he gave 448 years to the 31 kings of the first three dynasties (at the rate of 14.45 years per king), starting from Sanjit, the seventh king of the Brihadrath dynasty, and up to the last king of Shishunag dynasty. Then he gave the remaining 100 years to the first 6 kings of Brihadrath dynasty which were left out. Thus, he completed the figure of 628 years; 80 + 448 + 100 = 628. (He counted 22 kings of Brihadrath dynasty, 5 of Pradyot and 10 of Shishunag dynasty.)

Showing his intellectual skills, he gives an extensive argument telling that the reigning period of the kings according to the Puranas seemed too long to him so he reduced them. Isn’t it ridiculous, that the reigning period of our historical kings is at the mercy of Pargiter which he may reduce at any time according to his whim. To be more practical, why didn’t he argue with his Queen Victoria to resign immediately from her Queenship as she was already over-reigning? (Pargiter was in the judicial services during the period of Queen Victoria who reigned for 64 years.)


Thus, it is evident that the writings of F. E. Pargiter were also the exploitations of British diplomacy
 

How did the British fabricate and destroy the historic records of India and misguide the whole world?​



The Divine knowledge of Hindu (Bhartiya) scriptures could have benefited the aspirants of God of the whole world. But, the diplomats of the British, who were ruling India in those days, clouded this opportunity by extensively launching their deliberate false propagation about India and its universal Hindu religion, and not only that, they degraded Hindu culture by all means, and thus, hampered the spiritual growth of the whole world. A fair example is the Encyclopaedia Britannica of 1854 itself in which they fed such derogatory statements about Hindu (Bhartiya) religion.​


Encyclopaedia Britannica, 8th Edition (1854), Volume XI.

Millions of Europeans have visited India and have praised the Indian architecture. The fact is that the melody of Indian classical music is world famous, and the most renowned historical musician, Tansen, of Akbar’s court was the disciple of Swami Haridas. But see what the English people wrote in their encyclopedia,

“In architecture, in the fine arts, in painting and music, the Hindus are greatly inferior to the Europeans. ‘The columns and pillars,’ says Tennant, ‘which adorn their immense pagodas, are destitute of any fixed proportions; and the edifices themselves are subjected to no rules of architecture.’ He afterwards adds that the celebrated mausoleum at Agra has little to boast of either in simplicity or elegance of design.”

“The music of the Hindus is rude and inharmonious. They have numerous instruments, but those are preferred which make the most noise.” (p. 477)​

The Hindu science of medicine named “Ayurved” was well established 200 years ago when modern medical technology was still developing; and India has lots of excellent Sanskrit literature. But see what Britannica said,

“In the medical art: charms, incantations, exorcisms and the shallowest tricks are substituted for professional skill; and other imposters, generally Brahmins, practise astrology, and cheat them out of their money by pretended prophecies.”

“The literature of the Hindus has been generally rated very low by European writers, and has been represented as consisting in long desultory poems, inflated, and extravagant in their style, containing, under the idea of a history, a tissue of absurd fables.” (pp. 474, 477)​

The topmost English literature, Beowulf, deals with dragons and monsters, the Shakespearean drama displays the tragedies of worldly living, and Wuthering Heights etc., expose the disappointing pains of an ambitious mind; whereas all of the Sanskrit literature is, in some way, related to the teachings of God and God realization.

Now see how did they degrade the universal Hindu religion and the Hindu society, and what did they write about Shivaji who was a well known religious, honest and ardent patriot of Hinduism who fought for the protection of our country.

“Their religion is that of a rude people, consisting in an endless detail of troublesome ceremonies.”

“The state of morals among the Hindus is such as might be expected from a religion so impure.”

“The historical poem, the Mahabharat, is a tissue of extravagant fables.” (pp. 467, 470, 478)

“The Hindus are by no means a moral people. According to the observation of Orme, the politics of Hindustan would afford in a century more frequent examples of sanguinary cruelty than the whole history of Europe since the reign of Charlemagne.” (p. 472)

“The Hindu rulers, however ignorant in other matters, thus appear to have been familiar with all the most approved modes of plundering their subjects. Power was here a license to plunder and oppress. The rod of the oppressor was literally omnipresent; neither persons nor property were secure against its persevering and vexatious intrusions.” (p. 476)

“Sevajee, the founder of this new state, was the chief of the Rajpoot princes. In his youth he resided at Poonah, on a zemindary estate obtained by his father. Here he collected around him a numerous banditti, and plundered the country.” (p. 479)​

Those are just a few examples. More than twelve pages of the encyclopedia are filled with such senseless lies. Anyone who has read the history of Europe knows about the royal disposals in the Tower of London, and the brutal torturing and burning alive at the stake of millions of innocent people during the Inquisitions. He also knows about the bloody conquests of King Charlemagne who once killed about 5,000 Saxons in one day as he enjoyed mass executions in order to spread Christianity.

It is thus evident that the English people misguided the entire world by giving a false image of Hinduism and the universal Hindu religion.​


Fabrication in the Bhavishya Puran.



While going through the Bhavishya Puran at one place I found some discrepancy in the contents of the verses. Again, when I looked at it carefully, I discovered that some of the verses are fabricated. It was not difficult to find out as to who would have done that, because the direct beneficiary of this fabrication was Sir William Jones.

Jones, in his tenth presidential speech in 1793, stressed on the period of Chandragupt Maurya to be 312 BC and mentioned that Chandragupt had a treaty with Seleucus. The derived date of Chandragupt in these fabricated verses comes to exactly 312 BC. Thus, to justify his false statement of 1793, this fabrication must have been done according to his instructions. Jones died a year later, so it may have been done after his death.

It’s a general understanding that crime always leaves some clue, but here we have more than that. It appears that the learned pandit who was doing this job for the people of the Asiatic Society, was doing it under some kind of social or family pressure and against his conscience. So he did the job and created the verses with the desired dates, whatever they wanted, but he fully messed up the genealogical description of Buddh and Chandragupt.


The general meaning of the verses of Chapter 6: “Sage Kashyap begot Gautam who was Hari. Gautam introduced Buddh religion and reigned for 10 years. His son Shakya Muni ruled for 20 years and then his son Shuddhodan ruled for 30 years. Shuddhodan’s son was Shakya Singh who was born at the elapse of 2,700 years of kaliyug. This king was the destroyer of Vedic religion. He ruled for 60 years and converted everyone into Buddhism. Shakya Singh’s son was Buddh Singh who ruled for 30 years. Buddh Singh’s son was Chandragupt who ruled for 60 years. His son Bindusar ruled for 60 years. Bindusar’s son was Ashok…”


Comments: These verses were fabricated by the English people. It is an historical fact that Gautam Buddh did not rule any kingdom as he had renounced the world, and the second thing is that he was the son of Shuddhodan. But here Shuddhodan is shown as the grandson of Gautam. Gautam Buddh was during the time of King Bimbsar of Shishunag dynasty in 1800’s BC. But here Buddh’s time comes to 462 BC [2,700 years of kaliyug (-) 60 (10 + 20 + 30) years = 2,640, and subtracting 2,640 years from 3102 BC, which is the beginning of kaliyug, it comes to 462 BC] which was the desired figure by the English people.​

Another thing is, that each and every writer has accepted Chandragupt as the son of Nand. But here Chandragupt is shown as the son of Buddh Singh and the great-grandson of Shuddhodan (who was the historically known father of Gautam Buddh). The actual period of Chandragupt is 1500’s BC. But here it comes to 312 BC [2,700 + (60 + 30) = 2,790]. Deducting 2,790 years, (the elapsed period of kaliyug) from 3102 BC (the beginning of kaliyug) comes to 312 BC which was especially desired by Jones.

From the above discussions it is thus clear that the obedient servants of the British regime, the people of the Asiatic Society and East India Company, fabricatingly muddled up the historic dates of important personalities in our original records
 

(33) Two more attempts of Jones to destroy the Divinity of Sanskrit language and to mutilate Bhartiya history.​



His second attempt was to mutilate the Divine greatness of Sanskrit language, and his third attempt was to create a fiction about Chandragupt Maurya being the contemporary of Alexander.​


The statements of Jones and the fiction of Sandracottus.


Sir William Jones, President of the Asiatic Society of Bengal, gave his tenth anniversary discourse on February 28, 1793. The topic was, “Asiatic history, civil and natural,” and it was published in the fourth volume of the Asiatic Researches, first printed in 1807, reprint 1979. This was his third attempt to destroy the culture and the history of Bharatvarsh by mutilating the historic dates.

Jones says in his speech,​

“I cannot help mentioning a discovery which accident threw in my way, (I) thought my proofs must be reserved for an essay which I have destined for the fourth volume of your Transactions. To fix the situation of that Palibothra which was visited and described by Megasthenes, had always appeared a very difficult problem.”

“…but this only difficulty was removed, when I found in a classical Sanscrit book, near 2000 years old, that Hiranyabahu, or golden-armed, which the Greeks changed into Erannoboas, or the river with a lovely murmur was in fact another name for the Son itself, though Megasthenes, from ignorance or inattention, has named them separately. This discovery led to another of greater moment; for Chandragupta, who, from a military adventurer, became, like Sandracottus, the sovereign of Upper Hindostan, actually fixed the seat of his empire at Patliputra, where he received ambassadors from foreign princes; and was no other than that very Sandracottus who concluded a treaty with Seleucus Nicator; so that we have solved another problem, to which we before alluded, and may in round numbers consider the twelve and three hundredth years before Christ.” (pp. xxv to xxvii)​
He tells in his speech that he has found a classical Sanskrit book of about 2,000 years old. The other thing he says is that Chandragupt was no other than the very Sandracottus who is described by Megasthenes to have made a treaty with Seleucus around 312 BC; and, to establish that that Chandragupt belonged to the Maurya dynasty, he mentions about some poem by Somdev which tells about the murder of Nand and his eight sons by Chandragupt in order to usurp the kingdom. In this way Jones created a fictitious connection between Chandragupt Maurya and Sandracottus. He says in his speech,​

“A most beautiful poem by Somadev, comprising a very long chain of instructive and agreeable stories, begins with the famed revolution at Patliputra, by the murder of King Nanda with his eight sons, and the usurpation of Chandragupta; and the same revolution is the subject of a tragedy in Sanscrit, entitled the Coronation of Chandra.” (p. xxviii)​

These were the basic points of his speech that was called the discovery of the identity of Chandragupt Maurya as Sandracottus.

Anyone could see that these people were adamantly prone to fabricating false statements all the time just to demean our culture and to destroy the genealogy of our religious history. All the things referred to in this speech are absolutely wrong and outrageous.


Finally, Somdev was just a story writer of fun and frolics. Yet he never described Chandragupt Maurya as the usurper of the kingdom and never connected him to the period of Seleucus Nicator and Alexander; and: there was never a written book in India that lasted for 2,000 years, and there is no such statement in our religious writings to show that Chandragupt Maurya was in 312 BC.


The scriptures, in ancient times, were written on bhoj patra (a paper thin bark of a Himalayan native tree) which never lasted in a readable condition for more than 500 to 800 years even with extreme care. These books were written for teaching and learning purposes so they were constantly in use (not like writing and hiding them in a cave as Dead Sea scrolls). When one book was worn out, another one was rewritten by the learned scholars under the guidance of the Master. Thus, the knowledge of the scriptures uninterruptedly continued. Now we know that there was no such book that was 2,000 years old. Moreover, Jones never produced or showed that book to anyone, even to his close associates. It was simply his word of mouth to relate the fake story of a 2,000 year old book.

As regards the period of King Chandragupt Maurya, the Puranas give a detailed genealogical account of all the kings of the Magadh kingdom, starting from the Mahabharat war (3139 BC) and up to the Andhra dynasty. Accordingly, the period of Chandragupt Maurya comes to the 1500’s BC. In no way could it be pushed forward to 312 BC. But those people (the British diplomats) were determined to do it that way because they wanted to squeeze the entire history of India within the time frame of their Aryan fiction story.


Everyone who has read Megasthenes knows that his writings are most unreliable. But Jones found an excuse to quote the writings of Megasthenes where he describes the treaty of Seleucus with Sandracottus, the king of Magadh.

One thing we must mention, that there were two different dynasties that had similar names of their first king: the Maurya dynasty and Gupt dynasty. The first king of the Maurya dynasty, called Chandragupt Maurya, was in BC 1500’s, and the first king of the Gupt dynasty, called Chandragupt Vijayaditya, was in BC 300’s. The second king of Gupt dynasty and the son of Chandragupt Vijayaditya was Samudragupt Ashokaditya. He was the ruler of Magadh between 321 and 270 BC.

Chandragupt Maurya, who was the legitimate heir, was enthroned by a brahman, Chanakya. After cleverly killing Nand and his eight sons, Chanakya coronated him to the throne of Magadh. Chandragupt Maurya was not ambitious of conquering the other states of India and he did not receive foreign ambassadors because there were only trade relations of India with the foreign countries in those days (1500’s BC) not political relations. So his kingdom was much smaller as compared to the kingdom of Chandragupt Vijayaditya of Gupt dynasty.


Chandragupt Vijayaditya, who was the son of Ghatotkach Gupt of Shreegupt Family, was made the commander-in-chief of the large army of Chandrashree of Andhra dynasty. After the accidental death of Chandrashree, his minor son, Prince Puloma, under the guardianship of Chandragupt, ruled for seven years. But Chandragupt finally terminated Puloma, usurped the kingdom and became the crowned king. In this way the kingship of Magadh was transferred from the Andhra dynasty to the Gupt dynasty. There were seven kings in the Gupt dynasty (called Abhir in the Bhagwatam) who ruled for 245 years between 328 to 83 BC. Chandragupt ruled from 328 to 321 BC and his son Samudragupt Ashokaditya from 321 to 270 BC. Chandragupt was an ambitious king. He invaded the neighboring states, conquered them and extended his kingdom up to Punjab. For his constant victories, he was titled vijayaditya, which means the sun of victory.

Thus, taking into account the above facts, it becomes clear that Sandracottus of Megasthenes could only be Samudragupt of Gupt dynasty, historically and also according to the phonetic similarity of both of the names. (1) It was Chandragupt, father of Samudragupt, who was a military adventurer and usurper of the kingdom, not Chandragupt Maurya who was made the king of Magadh in his young age by a brahman, Chanakya. (2) Chandragupt Maurya was in the 1500’s BC, not 300’s BC. (3) In the writings of Megasthenes the word “Maurya” was never used with the name of Sandracottus, and (4) there is absolutely no mention of Chanakya (Vishnugupt) who was the most important person in Chandragupt’s life.

These are such obvious evidences that no historian could deny them. But, Jones, deliberately overlooking these facts and taking an excuse of the unfounded writings of a worldly disdained gossiper, Megasthenes, fabricated the story of matching Chandragupt Maurya with Sandracottus.

In fact, he was doing his job as he was told by his superiors. However, these scheming strategies show the malignancy of their promoters, the people of East India Company.

Now we can look into the statements of Megasthenes.​


The non-credibility of the statements of Megasthenes.


The original writing of Megasthenes called ‘Indica’ has been lost. Extensive quotations from the writings of later Greek writers, Strabo, Diodorus and Arrian, still survive. Strabo was of the opinion that Megasthenes simply created fables and as such no faith could be placed in his writings. Strabo’s own words: “Generally speaking the men who have written on the affairs of India were a set of liars. Deimachos is first, Megasthenes comes the next.” Diodorus also held similar opinions about him.


Now see the personal situation of Megasthenes. He was a Greek, who had no understanding of Bhartiya language and culture, who knew only Greek mythology, who was appointed as an envoy to the court of Samudragupt in Patliputra (between 302 and 288 BC) so his activities were limited, who did not see much of India as he was mostly in Patliputra, and who was dependent on his translators to communicate with the people who were also ordinary folks. In this situation, how could he have learned about the Bhartiya culture and philosophy which is so extensive and deep, especially when he was dependent upon the incomplete information of his translators​
 

The fiction of Aryan invasion,​



The preplanned scheme of Jones to introduce the idea that Sanskrit was an outside language gave birth to the speculation of the imagined existence of some Central Asian (Aryan) race who spoke Sanskrit and who brought Sanskrit language to India when they forcefully entered the country. In this way, the fiction of the Aryan invasion was created much later, sometime in the 1800’s by the same group of people and was extensively promoted by Max Müller. Let us now probe into the matter and see how this story was formulated.

It is a well known fact that India is called Aryavart. Manu Smriti (2/21, 22) describes the exact location of Aryavart which lies from the south of the Himalayas and all the way up to the Indian ocean. Its inhabitants are called the Arya. But it is not a locally spoken name. Commonly, we write Bharatvarsh for India in general and scriptural writings. The territory of India (or Bharatvarsh or Aryavart) during the Mahabharat war (3139 BC) was up to Iran. So the ancient Iranian people also used to call themselves the Aryans.

People of the British regime using this information, fabricated a story that some unknown race of Central Asia who came and settled in Iran were called the Aryans and they were Sanskrit speaking people. They invaded India, established themselves permanently, and wrote the Vedas. Those who introduced this ideology never cared to produce any evidence in support of their statement because it never existed, and furthermore, fiction stories don’t need evidences as they are self-created dogmas.

If someone carefully looks into the ancient history of India, he will find that there was no such thing as an Aryan invasion. Since the very beginning of human civilization, Hindus (Aryans) are the inhabitants of Bharatvarsh (India) which is called Aryavart. In the Bhartiya history there are descriptions of Shak and Hun invasions and also of Muslim invasions but never an Aryan invasion. It was simply a figment of the imagination of the British diplomats that fabricated this false story. However, after creating this story, they had to fix the period of the entry of the Aryans into India which needed a careful decision.

The second millennium BC was the period of migration and the expansion of major civilizations in the Middle East area. The Sumerians were at their peak around 2000 BC, the Babylonians were expanding their empire around 1700 BC and the Assyrians established their independent kingdom around 1400 BC. The Hittite empire (Turkey) also flourished during the second millennium BC. The Hittite language used Akkadian cuneiform script of which the earliest known record of cuneiform text goes back to 1700 BC. The cursive form of the alphabetical writing of early Hebrew and Aramaic languages started taking their first primitive shape around 1000 BC, and the Greek around 900 BC.

Considering these factors of social and literal developments in the Middle East, they randomly fixed the fifteenth century BC for their speculated Aryan invaders, telling that they came from the Iranian side, forcefully entered the Indus valley, settled there and spread towards the south.


This is the whole story about the Aryan invasion fiction which was so extensively popularized that it appeared in the writings of every historian.

Max Müller promoted this invasion story and formulated his dates of Vedic origin accordingly.

In 1833, Thomas B. Macaulay (1800-1859) was appointed to the Governor General’s supreme council by the East India Company to modify the education system of India. Discouraging Sanskrit education he designed a western style of English education that was supposed to ‘produce such a group of people who would be Indian in blood and color, but English in taste, opinion and intellect.’


In October 1844, Lord Hardings, Governor General for India, passed a resolution that all government appointments in India should have a preference to the English knowing people. This condition hampered the Indian culture and greatly promoted English education in India.​
 

Descriptions of the kings of Magadh in the Puranas were fabricated, historic records were destroyed, false synchronization of edicts and coins were created to connect them to Ashok of Maurya dynasty, and in this way misguided the whole world.​



The fabrications.


The example of the mutilation in the Bhavishya Puran is one of the most potent evidences that reveal the style of the working of the British. It evidently surmises that first they fabricated and incorporated the desired date of an historical personality in the original manuscript, whatever they wanted. Then they employed efficient scholars to write the full page or the full chapter that had the fabrication by exactly imitating the writing style of the original. In this way when the imitation was ready to the desired standard, they destroyed the original sheets and replaced them with the imitated ones. Now an original-looking manuscript was ready for circulation which was in fact the fabricated one.


When the Venkateshwar Press printed the Bhavishya Puran, as a general professional policy, they must have looked into more than one manuscript to ascertain the correctness of the matter, and because that was the only kind of manuscript available, so it was printed that way. Other printers copied the same thing which was printed by the Venkateshwar Press.

With this reference it becomes evident that the dynastical discrepancies in the descriptions of the rulers of Magadh, which are found in the printed volumes of the Puranas like Vishnu, Matsya, Vayu and Brahmand, may also be the work of the same people.

There is also a possibility that in certain old manuscripts, while copying, the person may have made some minor mistakes in rewriting the names and the ruling period of the kings. But, in that case, there must also have been such ancient manuscripts of the same Puran that would have correct names and figures, because there were a number of copies available of all the Puranas at that time. So it was fully possible to get the correct version of the names and the ruling period of the kings of the dynasties of Magadh by comparing all the available manuscripts of those Puranas which describe the dynasties of Magadh. But it was not done, because the English people were not interested in correcting the dynastic statements; they were interested in damaging the statements so that they could find an excuse to disregard the authenticity of the descriptions of the Puranas.

They had almost all the available manuscripts of the Puranas in their vast libraries and they had all the possible facilities to reconstruct and fabricate the manuscripts. Thus, under the above circumstances, it is most logical to believe that they must have destroyed these manuscripts (the entire manuscript, or only the required part of it) which had the correct statements of the kings of Magadh and kept those few which had some discrepancies; and, at the same time, they must have also added new discrepancies and fabricated the manuscripts of the Puranas according to their desired scheme. In this way, they created a master copy of each Puran with those dynastical discrepancies and, accordingly, fabricated the rest of the copies of those Puranas that were in their possession. These copies were made available for circulation. Later on these fabricated copies were published which are available nowadays.


There are only eight dynasties from Brihadrath to Andhra that are described in the four Puranas with the names of the kings and their reigning period. But in the existing available copies they don’t exactly match with each other. The pronunciation of their names and their reigning period varies. They are supposed to be exactly the same, but they are not. At some places this discrepancy is enormous.
which are available nowadays.

For example: In the Matsya Puran there is a description of only 6 kings in Maurya dynasty whose names are mostly unmatched and are not in proper sequence and who ruled for (6 + 70 +36 + 8 + 9 + 70) 199 years. But the concluding verse at the end of this description and in the same chapter tells that the total number of Maurya kings was 10 and their reigning period was 137 years. Such drastic discrepancies can never be the copying mistakes even if the most sloppy person is doing this job. It’s a clear case of deliberate fabrication.

The last thing is that, except the dynastical discrepancies, all the available Puranas are still in a perfect shape. Their Divine references, stories, teachings, technical descriptions, philosophy and the ancient history, everything is well coordinated and well established.​


When were these fabrications done?


You may be interested to know when was that done? It’s easy to find out. Jones gives his last statement in 1793, and after 39 years in 1832 H.H. Wilson, the President of the Asiatic Society of London, publishes his commentary on the Vishnu Puran in which he gives a comparative view of the dynastical discrepancies of all the four Puranas. In this way he establishes a ground to criticize all the Puranas. Thus, it is clear that these fabrications to distort the dynastic dates and the pronunciation of the names of the kings of Magadh were done in the early 19th century. Thirty-nine years were good enough time for them to fabricate the Puranas.​


The ingenious trickeries.


(1) The fabrication and the mutilation in the dynastic records of the Puranas, and its subsequent presentation by H.H. Wilson in his commentary on the Vishnu Puran, was such an ingenious work of trickery by the English people that confused every Indian writer and they couldn’t detect the fraud. The writers like Narayana Sastry and Krishnamacharar also got confused by this trickery and all the writers thought that the dynastic descriptions of the Puranas were faulty.


(2) Not only that, they did something more which was worse than that. They promoted and produced some of the religious books (the Smritis and Grihya Sutras etc.) that had certain impious interpolations which showed that Hindu Sages killed and ate animals. They destroyed the true originals, kept the corrupted copies of those books for circulation and publication, and then said, “See, your own books are saying that,” and in this way all the western writers got the license to openly abuse the Hindu religion. This trickery also befooled the whole world.​

Such interpolations would have been done by the Chatriya Kings of olden days as they loved to eat meat. So, to justify their such habits, they employed Sanskirt scholars to add such passages of meat eating in our hand-written religious books, which later on remained as collections in the Hindu society

When the English people came to India and started collecting our handwritten scriptures they discovered those impious interpolations of meat eating in the religious books of rituals and Smritis etc. It was in their favor, because they wanted to destroy our religion and culture. So, using the influence of their ruling power, they enormously collected our books and employed hundreds of scholars to reorganize and sort out the books according to their choice. In that collection there must have been some non-interpolated books in their unblemished form. Those books would prove hazardous to their scheme, so they were later on carefully destroyed.​

This was the period when the members of the Asiatic Society of Bengal were actively involved in producing such literatures that degraded and abused Hindu religion, and its president Sir William Jones, the obedient servant of the British, was wholeheartedly busy finding ways of how to blemish the greatness of Hindu scriptures and condemn the Divine history.

It is thus very obvious that those people, to achieve their aim of defaming Hindu religion, must have also done a lot of fabrications and would have interpolated such verses in Hindu religious books wherever they would have found it convenient to do so; and later on they must have destroyed the true and uninterpolated handwritten books.

They knew that Hindus adore their Sages, Saints and acharyas. They are vegetarian and have great regard for the cow. Thus, with one blow, they tried to crumble the faith of the Hindus in their Vedic Sages. They vigorously promoted such ideas which showed that Vedic brahmans not only ate meat but they loved to eat meat as a must. In this way they imposed their personal characteristics upon Hindu Sages.

The Greek gods and goddesses were pleased with animal sacrifices, Roman gods were of the same kind, and the God of OT loved to demand frequent animal sacrifices from each and every house. Thus, because such things were in their own religion, the English people, tried to abuse the Vedic yagyas and the Vedic religion in a similar way. Could any sensible person imagine the depth and the extent of the wilfulness of those people who promoted such frauds to delude the minds of the Hindus from their own religion?

Hindus from their own religion?

In those days, in the late 19th century, there were three major publishing companies in India, Shree Venkateshwar Press of Bombay (1871), Nirnaya Sagar Press of Bombay (1864) and Chaukhamba Vidyabhavan of Varanasi (1892). Most of the religious books and scriptures were originally published by them. It should be noted that it was the prime ruling period of the British in India. So it must be understood that the manuscripts that were produced by the English people were unhesitatingly printed by these publishers. Whether they did it knowingly or unknowingly, it can’t be said, but the fact was that for them only those copies were available for printing.*

Thus, on one side, the English people got those fabricated religious books published and destroyed the true originals; and, on the other side, they showed to the Hindu community that it is their own religious books that say such things. In this way, their ingenious trickery befooled the Hindu society, Hindu scholars and also befooled the whole world.​

Now you know the truth. So, wherever such impious verses or passages are seen in our printed religious books you must know that they are the malicious gift of the rulers of India of those days.


False synchronization of edicts and coins.


To support their fabricated ideology of Chandragupt Maurya being in 300’s BC, they did a lot more fabrications and manipulations. There were two kings in Magadh dynasties: Ashokvardhan, the grandson of Chandragupt Maurya, who was in the 15th century BC, and Samudragupt Ashokaditya (Priyadarshin), the son of Chandragupt of Gupt dynasty, who was in 4th century BC.

Samudragupt was called Samudragupt Ashokaditya, or Ashok, or Ashok-the-Great or Ashok Priyadarshin. He was called Priyadarshin after adopting the Buddhist religion. But he was generally known as Ashok. He had a huge empire that stretched up to Punjab, whereas Ashokvardhan’s kingdom was very small. It was the existing Bihar province of India. Ashok (Samudragupt Ashokaditya) established a number of monuments throughout his kingdom.

Taking advantage of the similarity of their name, the English people, manipulatingly ascribed all the edicts of Samudragupt Ashokaditya to Ashokvardhan who was the grandson of Chandragupt Maurya. The period of Chandragupt Maurya was already pulled down from 1541 BC to 312 BC by Jones and it was subsequently followed by the other European writers. So, whatever ancient coins and edicts of that period (3rd to 4th century B.C.) were found, they tried to patch it up with Ashokvardhan (Maurya), which, in fact, were related to Samudragupt Ashokaditya. In general, they fabricated and created such records that showed wrong historic dates of all of the important historical figures like Panini, Buddh and Shankaracharya etc.


In this way their writers constructed an enormous amount of biased literature against Indian religion and history that flooded all the libraries of India and of the world, which became the basis for all other writers to follow the same line of negative concepts about India; and thus, the glory of our scriptural Dignity was suppressed under the weight of their fabricated net of forged ideologies.


The policy of the Britishers to create personal embitterment in the community, the emphasis on the English education, to represent the Vedic religion in a most demeaning manner, to keep the Indians under the grip of poverty by not promoting the industrial developments of India, and to own the big commercial companies themselves, damaged the entire social structure of India. As a result, the common people of India lost their national consciousness. They forgot that the welfare of India is their own welfare and the damage to India is their own damage; and thus, a deep instinct of personal selfishness grew in the hearts of the Indians from which they couldn’t recover.

The nineteenth century and the twentieth century were the prime time in the history of the world when major social, industrial and scientific developments happened and the prosperity of a country touched its heights. But, during that time India was only sucked of its resources and was left far behind because of the ruling policy of the British. Two hundred years of loss in the field of commercial, industrial, technological and scientific development is such a big thing which can hardly be recouped
 
THE ECONOMIC HISTORY OF THE CORPORATE FORM IN
ANCIENT INDIA
By: Vikramaditya S. Khanna∗
 

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THE ECONOMIC HISTORY OF THE CORPORATE FORM IN
ANCIENT INDIA
By: Vikramaditya S. Khanna∗
Abstract
The corporation is the most popular form of business organization. Moreover, as
the economies of emerging markets leap forward the popularity of the corporate form
continues to grow. In light of its widespread appeal, one is naturally inclined to inquire more
about the corporation and how it developed over time. Many questions can be pondered
including: where did the corporate form originate; how old is it; has the corporation taken
the same form everywhere or have there been local variations; and what are the pre-
conditions for the development of the corporate form. All these questions are important
not only for their own intrinsic value, but also because of the insights they provide about the
development of the corporate sector in emerging markets and about the prospects for
convergence, of one kind or another, in corporate governance. Indeed, a series of important
papers by Henry Hansmann & Reinier Kraakman and other authors examine these questions
both in Rome and in Medieval Europe. The aim of this paper is to explore a number of
these questions by examining the economic history and development of the corporate form
in Ancient India. The paper finds considerable evidence that urges us toward a significant
revision of the history and development of the corporate form.
The examination reveals that business people on the Indian subcontinent utilized the
corporate form from a very early period. The corporate form (e.g., the sreni) was being used
in India from at least 800 B.C., and perhaps even earlier, and was in more or less continuous
use since then until the advent of the Islamic invasions around 1000 A.D. This provides
evidence for the use of the corporate form centuries before the earliest Roman proto-
corporations. In fact, the use of the sreni in Ancient India was widespread including virtually
every kind of business, political and municipal activity. Moreover, when we examine how
these entities were structured, governed and regulated we find that they bear many
similarities to corporations and, indeed, to modern US corporations. The familiar concerns
of agency costs and incentive effects are both present and addressed in quite similar ways as
are many other aspects of the law regulating business entities. Further, examining the
historical development of the sreni indicates that the factors leading to the growth of this
corporate form are consistent with those put forward for the growth of organizational
entities in Europe. These factors include increasing trade, methods to contain agency costs,
and methods to patrol the boundaries between the assets of the sreni and those of its
members (i.e., to facilitate asset partitioning and reduce creditor information costs). Finally,
examination of the development of the sreni in Ancient India sheds light on the importance
of state structure for the growth of trade and the corporate form as well as on prospects for
some kind of convergence in corporate governance.

Professor of Law, University of Michigan Law School. S.J.D. Harvard Law School 1997. Email:



V. CONCLUSION
India is a country of considerable historical antiquity with a long and successful
history of trade. For the researcher, this makes it an enviable environment in which to study
the development of business organizations. The analysis in this paper suggests that Ancient
India had many different forms of business organization including the sreni. Moreover, the
sreni can be dated from a period much older than many would expect for the development of
the corporate form – from at least 800 B.C. and perhaps even earlier. This predates, by
centuries, the earliest Roman proto-corporations. Further, the sreni was also in continuing
and expanding use until 1000 A.D. and was utilized for many different kinds of purposes
including business, municipal, social and religious activities. The sreni was clearly one of the
most important institutions of Ancient India.
When we examine the details of its formation, governance and regulation we find
that its development corresponds well to more modern theories about the development of
the corporate form. In particular, the sreni grew as trade expanded and as the supply of the
monitoring methodologies needed for its development arose. Moreover, when the features
of the sreni are compared to those of more modern Anglo-American corporations we find a
significant amount of similarity. The members of the sreni faced many similar concerns to
those we face today and they found quite similar ways of addressing those concerns.
However, when we examine sreni development more closely we find a number of
interesting results. The sreni grew the fastest in the state structure where there was an
intermediate level of centralization and considerable deference to the sreni in managing its
internal affairs. Although trade grew under other structures too, it was the relatively less
centralized Gupta Empire that saw the greatest advances in trade. Of course, other factors
also influenced the development of trade in Ancient India, but these results are interesting
nonetheless. Moreover, the development of the sreni provides some more fodder for the
debate about convergence or path dependence in corporate governance.
Overall the ability of the sreni to survive and develop in a predictable fashion through
so many centuries and such differing environments in Ancient India attests to its resilience
and adaptability. Moreover, the Ancient Indian sreni forces us to revise our conceptions of
when corporations developed to a much earlier time period. Indeed, much can be learned
about the corporation from the Ancient Indian sreni.
 
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