Critical, Historical, and Miscellaneous Essays; Vol. 4: With a Memoir and IndexMacaulay, Thomas Babington Macaulay, Baron
History
Critical, Historical, and Miscellaneous Essays; Vol. 4: With a Memoir and Index
Macaulay, Thomas Babington Macaulay, Baron
English literature -- History and criticism; Great Britain -- History
The wealth of Clive was such as enabled him to vie with the first
grandees of England. There remains proof that he had remitted more
than a hundred and eighty thousand pounds through the Dutch East
India Company, and more than forty thousand pounds through the English
Company. The amount which he had sent home through private houses was
also considerable. He had invested great sums in jewels, then a very
common mode of remittance from India. His purchases of diamonds at
Madras alone, amounted to twenty-five thousand pounds. Besides a great
mass of ready money, he had his Indian estate, valued by himself at
twenty-seven thousand a year. His whole annual income, in the opinion
of Sir John Malcolm, who is desirous to state it as low as possible,
exceeded forty thousand pounds; and incomes of forty thousand pounds at
the time of the accession of George the Third were at least as rare as
incomes of a hundred thousand pounds now. We may safely affirm that
no Englishman who started with nothing, has ever, in any line of life,
created such a fortune at the early age of thirty-four.
It would be unjust not to add that Clive made a creditable use of his
riches. As soon as the battle of {262}Plassey had laid the foundation
of his fortune, he sent ten thousand pounds to his sisters, bestowed as
much more on other poor friends and relations, ordered his agent to pay
eight hundred a year to his parents, and to insist that they should
keep a carriage, and settled five hundred a year on his old commander
Lawrence, whose means were very slender. The whole sum which Clive
expended in this manner may be calculated at fifty thousand pounds.
He now set himself to cultivate Parliamentary interest. His purchases
of land seem to have been made in a great measure with that view, and,
after the general election of 1761, he found himself in the House of
Commons, at the head of a body of dependents whose support must have
been important to any administration. In English politics, however, he
did not take a prominent part. His first attachments, as we have seen,
were to Mr. Fox; at a later period he was attracted by the genius and
success of Mr. Pitt; but finally he connected himself in the closest
manner with George Grenville. Early in the session of 1764, when the
illegal and impolitic persecution of that worthless demagogue Wilkes had
strongly excited the public mind, the town was amused by an anecdote,
which we have seen in some unpublished memoirs of Horace Walpole. Old
Mr. Richard Clive, who, since his son’s elevation, had been introduced
into society for which his former habits had not well fitted him,
presented himself at the levee. The King asked him where Lord Clive was.
“He will be in town very soon,” said the old gentleman, loud enough to
be heard by the whole circle, “and then your Majesty will have another
vote.”
Public-domain text, read in full here on John Shaqi.
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