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
Colony of British Columbia (1858–1866) colony by the colonial secretary, Sir Edward Bulwer-Lytton, on condition that he sever his relationship with the HBC. Douglas accepted these conditions, and a knighthood. The influx of people into the new colony required Douglas to act quickly in drawing up regulations and creating infrastructure. Magistrates and constables were hired, mining regulations drawn up, and town sites surveyed at Yale, Hope and Fort Langley to discourage squatting on crown land. In addition, roads were constructed into the areas of greatest mining exploration around Lillooet and Lytton. The colony, however, was not immediately granted a representative colonial assembly, because of uncertainty