Administrative System of the Marathas c18.s28.13

c18.s28.13

We should however judge the Peshwas by their motives. The principle of Laissez Faire had not gained any recognition in Europe in those days, and even in England, the future birthplace of free trade, protective duties and bounties were in fashion; and what was the sliding scale of duties on corn but an attempt to fix a minimum price for agricultural produces of the land? The Peshwas also did the same thing, and, on the whole, their subjects were not badly off.