In 1756 the old nawab died, and was succeeded by his grandson Surajud-Dowlah, a young madman of 19, whose name is indelibly associated with the tragedy of the Black Hole.
The entire duties of administration were suffered to remain in the hands of the nawab, while a few irresponsible English traders had drawn to themselves all real power.
He won the good-will of his employers by devoting himself to the improvement of their manufacturing business, and he kept his hands clean from the prevalent taint of pecuniary transactions with the nawab of the Carnatic. One fact of some interest is not generally known.
As an independent measure of economy, the stipend paid to the titular nawab of Bengal, who was then a minor, was reduced by one-half - to sixteen lakhs a year (say 160,000).
His pecuniary bargains with Shuja-ud-Dowlah, the nawab wazir of Oudh, stand on a different basis.
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