The Drain of Silver to The East: And the Currency of India

The Drain of Silver to the East: And the Currency of India by William Nassau Lees explores the economic impact of the flow of silver from Britain to India during the 19th century. Lees argues that this transfer of wealth was detrimental to the British economy, as it drained silver resources from Britain to pay for goods from India, especially textiles and spices. The book also examines the currency system in India, highlighting the issues of currency shortages and their effects on the Indian economy under British rule. Lees critiques colonial policies and their economic consequences for both Britain and India.