Extract from The Friend of India, in which the Indian Observer is incorporated Calcutta, India, Saturday, September 18, 1875; pg. 865; Issue 2114. Empire.
“A remarkable impetus has been given to the jute trade in Dacca. There are now ten European and Armenian firms who deal largely in this article of produce. Three steam presses have already been set up and two others are in the course of erection.”
Note: Armenians were often referred to as ‘Europeans’ in newspapers and publications.