'In judging of responsibility, we should remember that the whole foreign policy of the East India Company is regulated by the Board of Control; that in the solution of the most vital questions--questions of peace and war--affecting the finances of the country, and, therefore, the means of internal improvement, the Court of Directors have no more power than the mayor and aldermen of any corporate town. India depends less on the will of the twenty-four than on one man's caprice--here to-day and gone to-morrow--knocked over by a gust of Parliamentary uncertainty-- the mistaken tactics of a leader, or negligence of a whipper-in. The past history of India is a history of revenue wasted and domestic improvement obstructed by war.' This is very much what I complain of. I admit the right of the East India Company to complain of many things done by the Board of Control; and I am of opinion, that if the House left the two bodies to combat one another, they would at last come to an accurate perception of what they both are. The East India Company accused the Board of Control of making wars and squandering the revenue which the Company collected. But Mr. Kaye said that Mr. Tucker deplored the mystery and the mockery of a system which obscured responsibility and deluded public opinion. It is because of this concealment, of this delusion practised upon public opinion, of this evasion of public responsibility and Parliamentary control, that you have a state of things in India which the hon. Member for Guildford (Mr. Mangles) has described, when he says that the Company manages the revenues, collects the taxes, and gets from 20,000,000_l_. to 30,000,000_l_. a-year, and nobody knows how much more. But, whatever it is, such is the system of foreign policy pursued by the Board of Control--that is to say, by the gentlemen who drop down there for six or eight or twelve months, never beyond two years--that, whatever revenues are collected, they are squandered on unnecessary and ruinous wars, till the country is brought to a state of embarrassment and threatened bankruptcy. That is the real point which the House will have to consider.