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HUBELY

Volume 11 · 217 words · 1860 Edition

a town of Hindustan, in the British collectorate of Dharwar, presidency of Bombay. It is large and populous, defended by a mud rampart and ditch, and has for many years carried on an extensive trade, particularly with Goa, to which are sent sandalwood and elephants' teeth, and in return raw silk, cottons, woollens, and rice are received. There are also manufactures of raw silk and cotton, great quantities of which are sold for the dresses of the country people. It is a wealthy place, the residence of many rich bankers, who, by means of their agents, extend their commercial intercourse to Surat, Hyderabad, Seriagapatam, and even to more distant places on which bills of exchange can be negotiated, and who regulate the standard of the currency in all the adjoining countries. The East India Company formerly had a factory here, which was plundered by the Mahrattas in 1673, when the company sustained a great loss. In 1685 it was taken by the Mogul troops of Aurungzebe, and soon after the death of that monarch in 1707 it was again taken by the Mahrattas, with whom it continued until 1818, when, on the overthrow of the Peishwa, it lapsed to the British, together with the rest of that prince's dominions. E. Long. 75. 13., N. Lat. 15. 20.