Travails of Trading
in Malabar
Vasco da Gama was supposed to have made his
agenda clear to the first person he had met on Calicut coast. The story goes
that in reply to a question from the Genoese trader (who was the first person
encountered by da Gama), why in the name of the Devil
had he come here, da Gama calmly replied: ‘For
Pepper and Christ’. Obviously he wanted
to please both his masters – Prince Manuel I of Portugal and the Pope who had
blessed the voyage and whom Manuel I wanted to placate.
Pepper indeed formed the main item of export
from the Malabar Coast, but as the Portuguese established themselves in Goa and
Cochin, the trade also got complex.
During the initial days of conquest, there was a virtual state monopoly
imposed by the Portuguese on Malabar spices and this meant that ship after
Portuguese ship would be loaded with pepper and other spices and would sail from
the western coast of India, escorted by the powerful armada.
But, as Portuguese trade stabilized, private
players also got involved which included non-Portuguese players as well. The
Venetians, who had been uprooted from their monopoly of the Mediterranean trade
soon after Vasco da Gama had discovered the Calicut route, did not waste time
to capitalize on the new opportunity.
We have a fascinating account of the complex
coastal trade practised by one such Venetian, Cesar Fredrici who had traded in
the Indies for 18 years between 1560 and 1580 and maintained a journal of his
adventures. The journal was almost immediately translated from Italian into
English by Thomas Hickock under the title, The Voyages and Travaile: Of M.
Caesar Frederick, Merchant of Venice, Into the East India, the Indies, and
Beyond… ( Was
Shakespeare influenced by Frederici’s account when he wrote The Merchant of
Venice around the
time the translation had appeared in England?)
Frederick set out on his long and eventful
voyage in 1563 from Venice, travels
to Cyprus and finally
lands up in Portuguese Goa in
1566. He proceeds from Goa to Malacca in a Portuguese ship which was en route
to Banda to pick up a cargo of nutmegs and mace. The ship passed through Ceylon
and Nicobar before reaching Pegu in present day Myanmar. His description of the
cannibal tribes of Andamans is graphic.
After selling his cargo of nutmeg and sandal,
he decides to proceed to Venice via Chittagong, Cochin and Lisbon. But a severe
cyclone (touffon) hits the ship which drifts to the Sondiva (Sunderbans) islands. He eventually makes it to Cochin only to
realize that the Portuguese vessels had all departed and he would have to wait
for a year to catch the next sailing. He decides to proceed to Goa for the wait
and to transact some business.
Frederici falls ill in Goa and has to sell some
of his rubies (which he had purchased from Pegu) to meet his medical expenses.
He had, however, taken care not to sell the most valuable rubies which he
preserved for sale back home in Venice. Once he recovers from the illness, he decides to proceed to Cambay where he invests a large
sum (2100 ducats, to be precise) in buying opium which fetched a good price in Burma. He again travels east
via Cochin and reaches Pegu only to realize that
just a day before his cargo had landed, a large shipload of opium from Cambay
had arrived crashing the price of his commodity from 50 to 2½ Bize. On an
investment of 2100 ducats he could recover only 1000 ducats after two
years! Such was the uncertainty of
coastal trading in those days.
We have another account of a private trader,
more than a hundred years after Frederici
which gives a fascinating account of the diversity of coastal trade. Charles Lockyer, an English trader boarded
the East India Compay ship Streetham in February 1703 and reached Batavia in
October of the same year. As the monsoon
winds had changed, he could not proceed to China which was his ultimate
destination and used the interval by trading between Malacca and India.
The ship managed to sell its cargo in
China only in September 1704 with the resumption of favourable winds.
On the way back the
ship, laden with goods originating in China, Malacca and the eastern coast of
India reached Calicut by which time again the season for sailing westward had
ended. So the ship shuttles between Colombo and Surat in the north, hugging the
coast to avoid the rough seas and making good money selling various surplus
European goods and buying Indian spices for the return cargo.
The chief items bought by the ship are Cardamom
and Coconut kernels at Calicut, coir, hubble-bubble cane (for making the hooka)
from Maldives, cardamom and rice from Tellicherry, arrack from Goa (one of the
most lucrative trade for, according to Lockyer, it was available for Rs. 13½
per hogshead in Goa and could fetch Rs.25-30 in Bombay and Surat.) He was
prudent enough to mention: the smuggling trade with the Dutch, I leave to
the Persons concerned – emphasizing that he indulged in only legal trade!
Lockyer’s description of Tellicherry (which had
just acquired the status of a fort) is interesting. Among the important items
mentioned by him is opium ‘of a deep purple, the best in India’, ‘…it bears
double the price of Bengal opium’. He next lands in Calicut and after a
pleasant stay moves down to Cochin, then a Dutch stronghold. The ship is
replenished with essential supply in Cochin – 60 pigs, a thousand fowls, one
small heifer (‘but beef is not usually so cheap’) and water casks. The ship
then proceeds to Europe, crossing the Cape of Good Hope in July 1706.
This was an era of ‘pure trade’ when the Europeans were contended with making money out of trade
and had no territorial ambitions. Trade was not conducted only by the East
India Company, but by small enterprising traders who saw opportunities in a
delayed sailing and pursued profitable coastal trade between Malacca and Malabar and
Malabar and Hormuz. They
competed with the Arab, Moplah and Chetty traders . Some like Frederici lost hugely and others like
Lockyer made windfall profits!








