Coins of British India Coins of British India British trading posts in India were first established by the East India Company (EIC) early in the seventeenth century, which quickly evolved into larger colonies covering a significant part of the subcontinent. Early settlements or factories included Masulipatnam (1611) and Madras (1640) in the south, Surat (1612) in the west, and modern-day Kolkata (1698–99) in the east. These colonies gave rise to Madras Presidency, Bombay Presidency, and Bengal Presidency, and each Presidency had a separate coinage and monetary system. In 1835, the EIC adopted a unified system of coinage throughout all British possessions in India and
Langley, British Columbia (district municipality) smithing and for shipping furs back to Europe. Along with farming, the export of cranberries and salmon would soon become the fort's main source of profit. In 1858, gold was discovered in the Fraser River in what is now the interior of British Columbia, and the fort also became important as a supply station for the miners heading up the river toward the gold fields. With thousands of gold prospectors, many of them American, streaming into the region, the British government created British Columbia as a colony. James Douglas was sworn in as the new colony's first governor in Fort