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In the meanwhile, other trading stations had been acquired in Bengal. At the end of the century, the Company is found taking a more independent stand, purchasing land, erecting fortifications, and arming its servants to resist the dangers which threatened trade in this disordered region. Such was the humble origin of the three Presidencies of Madras, Bombay, and Bengal, the last of which became the most important, and its chief station, Calcutta, the residence of the Governor-General.

Other European nations appeared in the field, but our only formidable rival here was France, the Portuguese making little of their claim to monopoly, now represented by the settlements of Goa, best known as the breeding place for a mongrel race of servants. One more stock of emigrants must not be omitted from mention. Centuries before a European ship had touched India, a remnant of Persian fire-worshippers, flying from Mohamedan persecution, settled upon the west coast, where, though few in numbers, by their wealth, intelligence, and commercial enterprise, these Parsees have grown to be an influential element in the population, excelling, like the Jews in Europe, as traders and men of business.

The eighteenth century saw the ruin of