The East India Company was the worlds first multinational company

http://www.youtube.com/watch?v=mRQE44FClgQ&feature=related

Overview:

This source is a youtube video called The East India Company was the world’s first multinational company. This video filmed in a British Library and has a co-star that is a historian from the Library. The spice peppercorn was the most profitable export of India; however the Dutch controlled this trade. It would not be long until a group of 200 business men requested Queen Elizabeth to sign a Royal Charter giving them exclusive rights to trade with Asia. The historian showed us the original ledger of the Charter; it provides a list of the 200 merchant names.  This Charter, over the next two centuries, made England one of the world’s super powers. According to the video presently one-third of all of the major business in the world are located in England. If the East India Company never exists, England today would not be as such a powerful country. In the year 1600 captain James Lancaster set out to India in hope of a profit in the peppercorn trade. By the 1700 the East India Company became so powerful; they became the ruling power in India. They even had 200,000 Indian soldiers at their disposal. The English became very greedy and began to exploit the Indian people. They set low wages, they over tax the people, and excluded the Indians from high ranking government positions. In 1857 a munity of the Indian Army,   forced the British government to send troops to protect the company. The British government then takes the sub-continent under imperial control and dissolves the East India Company. 

 ARGUMENT:

The perspective of the source is unclear at first. In the Beginning of the video the reporter referred the company as the “Honorable” East India Company. As the reporter closed out his segment he questions the legitimacy of the East India Company considered to be “honorable.” The reported stated, “it might have been called the “Honorable” East India Company but it did not always live up to that name” The video is very persuasive against the East India Company. The reporter also dives into details about the mistreatment of the Indian People and the destruction of their land.

SOURCE:

This source is a YouTube video; I could not find and author or the original website. I have presumed the reporter is English from his accent. Also the reporter seemed to be passionate about exposing the hidden story of the East India Company. I feel that this is a very bias source. The video shows bias toward the conquered Indian people. Even though I could not find the author and the video has a bias spin I do believe it is reliable. The reason for this is because of the setting of the video, in a world famous British library with a historian to collaborate and provide the facts.