Capitalists and financiers -- Fiction; Great Britain -- Politics and government -- Fiction; Political fiction
The traditional methods by which their wealth had hitherto been
exploited were wholly insufficient. A community of some hundreds of
natives, working upon a complex, co-operative system, living in a
miserable state of poverty and degradation, had paid, from immemorial
time, a fixed percentage of their output to their Sovereign; and the
humanitarian faddism of Sir Charles Finchley--whose appointment was one
of the few mistakes of Lord Curzon's viceroyalty--had permitted this
system to endure during the first few years of our occupation. But it
was obvious that so primitive an arrangement could not endure. In 1910
there was but one question before the new Lieutenant-Governor; whether
it would be more profitable to establish a direct exploitation of these
mines by the Crown, or to concede that exploitation for a term of years
to some company which, under expert advice and with long experience of
the business, might secure a higher profit to the State. It was only
after deep thought and the full consideration of every detail, that
the Lieutenant-Governor decided upon the latter course and signed a
concession to a private company for a term of fifteen years.
He further determined--and it was the act of a strong man--to avoid
the disadvantages of public competition with its accompaniment of
ill-informed and often unpatriotic criticism, of questions in the House
of Commons, and of all the paraphernalia of ignorance and cant.
He made the concession boldly to a company of his own choice, and
though he was not particularly concerned with the persons involved so
long as the company itself was in his opinion honest and efficient,
he was none the less delighted to learn that so great a financier as
the Duke of Battersea had guaranteed its position and security--nay,
was himself, in his capacity of the Anglo-Moravian Bank, the principal
shareholder in the new venture.
It is ill work excusing any man so talented and honest, so devoted to
the public service, as the late Lieutenant-Governor of Anapootra, but
the criticism to which he has been subjected makes that task necessary,
however painful.
Public-domain text, read in full here on John Shaqi.
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