Abstract

Imperial policies in the Straits Settlements is useful to analyse as a mid-way point between policies in India and in West Africa, where the currency board was formally established. The Straits consisted of four separate British settlements on the Malayan peninsula: Singapore, Malacca, Dinding and Penang. 1 Originally ruled by the British East India Company, it became a subdivision of the Presidency of Bengal in India in 1830. In 1867 it became a British colony proper, ruled directly from the Colonial Office.

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