I think you are confusing the Dutch East India Company with the later British East India Company Uni.
Not so, Roy.
Granted, the corporate shell game is a big factor, and the source (by design) of considerable latitude for quibbling.
But whether the prime mover was the BEIC
per se or The Crown, to which it was a functional (and probably actual) subsidiary, I've never seen the sheer scope of the narcotic-trafficking operation laid-out in print.
You're familiar enough, I assume, with the Devil's Triangle (to Africa to buy slaves, thence to the Caribbean to sell the slaves and buy rum, then to New England to sell the rum for money/credit, back to Africa . . .) -- with a profit on each leg.
Well, there was a much larger, and even more lucrative operation going on, entirely behind the scenes, involving the BEIC.
Start with the fact that
silver has always been valued more highly in the Orient than in the West, making it profitable to those with the ability to garner and transport it to send it East, where it exchanged for gold at a more favorable rate. In concert with Rome's taste for extravagant oriental luxuries, this was the commercial mechanism by which it (Rome) was drained of specie, going pretty quickly from minting silver
denarii to billion, then to silver-washed copper, followed by collapse. When coinage resumed, in the Eastern Rome (Constantinople), it was in gold.
Fast forward now to Britain. Which, in its coinage, presents a picture which seems, at first glance, as absurd as it is incomprehensible : from (as I recall)
1804 until Victoria, Britain minted no silver coinage at all (!). No shillings, no sixpence, no thrupence, no nothing. Throughout the Empire, silver was being garnered in trade, and in quantity, but
it was all going to the Orient.
Trade in silks, tea and porcelain was not so considerable that it could have accounted for this. But trade in opium -- with silver being more profitable than gold to exchange for it -- could and did.
One consequence of the (as usual) Masonic "revolution" (coup) of 1821 in Mexico was the leasing, by the government, of the country's highly-profitable silver mining-slash-coinage operations to private owners (the only government-operated mint was at Mexico City itself).
By law, these were required to devote a percentage of their output to subsidiary coinage (four, two, one and half-reals) for domestic circulation. This was honored in the breach rather than in the observance, with the lion's share of the silver being minted as 8 reals, packed into barrels, and shipped east posthaste -- in some years, the entire production of some mints.
What changed with the change of government was not the pattern of trade, but those who profited most from it. From 1821 or so on, this was The Crown. Which, in its blind greed, coloured so far outside the perscribed lines as to sometimes send coinage dies to Mexico from England (which were intercepted by Mexican Customs and confiscated -- by law, all coinage dies had to be locally produced, using government authorised matrices). Today, the many Mexican (and for that matter, Spanish) crowns ("silver dollars") with oriental "chop marks" on them are artifacts surviving from the opium trade. It was a well-coordinated operation, global in scope.
It goes on and on . . .