A Short View of the Laws Now Subsisting with Respect to the Powers of the East India Company: To Borrow Money under their Seal, and to Incur Debts in the Course of their Trade, by the Purchase of Goods on Credit, and by Freighting Ships or other Mercantile TransactionsPulteney, William
History
A Short View of the Laws Now Subsisting with Respect to the Powers of the East India Company: To Borrow Money under their Seal, and to Incur Debts in the Course of their Trade, by the Purchase of Goods on Credit, and by Freighting Ships or other Mercantile Transactions
Pulteney, William
East India Company -- Appropriations and expenditures; East India Company -- Rules and practice; Great Britain -- Commercial policy
When this account was produced to the general court by the accurate
and intelligent Director who made it out, he declared that he had
dissented in the court of Directors from the opinion of the other
Directors as to the 12-1/2 per cent. dividend, in which he had been
joined by several other Directors, though a majority opposed this
dividend, and he explained the above account in a very clear and
satisfactory manner, and shewed, that in the preparing the account,
he had made the most ample allowances of every kind, and declared
himself ready to answer every objection which the other Directors
could offer against it.--The other Directors fairly acknowledged
that none of them had carried their calculations so far down as
February 1768, when the dividend was to become payable.
* * * * *
[Transcriber's Notes:
The transcriber made these changes to the text to correct obvious
errors:
1. p. 11 councel --> council
2. p. 12 commodies --> commodities
3. p. 20 50l. --> 50_l._
4. p. 20 subsistance --> subsistence
End of Transcriber's Notes]
Public-domain text, read in full here on John Shaqi.
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