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
Thus the India House was a lottery-office, which
invited everybody to take a chance, and held out ducal fortunes as the
prizes destined for the lucky few. As soon as it was known that there
was a part of the world where a lieutenant-colonel had one morning
received as a present an estate as large as that of the Earl of Bath or
the Marquess of Rockingham, and where it seemed that such a trifle as
ten or twenty thousand pounds was to be had by any British functionary
for the asking, society began to exhibit all the symptoms of the South
Sea year, a feverish excitement, an ungovernable impatience to be rich,
a contempt for slow, sure, and moderate gains. {265}At the head of the
preponderating party in the India House, had long stood a powerful,
able, and ambitious director of the name of Sulivan. He had conceived
a strong jealousy of Clive, and remembered with bitterness the audacity
with which the late governor of Bengal had repeatedly set at nought
the authority of the distant Directors of the Company. An apparent
reconciliation took place after Clive’s arrival; but enmity remained
deeply rooted in the hearts of both. The whole body of Directors was
then chosen annually. At the election of 1763, Clive attempted to break
down the power of the dominant faction. The contest was carried on with
a violence which he describes as tremendous. Sulivan was victorious, and
hastened to take his revenge. The grant of rent which Clive had received
from Meer Jaffier was, in the opinion of the best English lawyers,
valid. It had been made by exactly the same authority from which the
Company had received their chief possessions in Bengal, and the Company
had long acquiesced in it. The Directors, however, most unjustly
determined to confiscate it, and Clive was forced to file a bill in
Chancery against them.
Public-domain text, read in full here on John Shaqi.
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