The Letters of Gracchus on the East India Question — John Shaqi
The Letters of Gracchus on the East India QuestionMiles, William Augustus
History
The Letters of Gracchus on the East India Question
Miles, William Augustus
East India Company; India -- Politics and government -- 1765-1947
Have not the Ministers of the present day evinced the same opinion? Have
they not proposed, to leave the patronage of India, and the exclusive
profits of the China Trade, with the Company? Does not the China Trade
ensure the employment of all the large ships in the service of the
Company; together with the continued engagement, in that line of
service, of the Commanders and Officers of those ships; and also, of
every other description of person now connected with that (_the
largest_) branch of the Company's concerns? Have not Ministers proposed
to confine the private trade with India to ships of four hundred tons
and upwards; thereby leaving to the owners of such of the smaller ships
now in the service of the Company, as by possibility may not be required
for their commerce, the advantage (which establishment in any line of
business must always give) of finding employment from those who, under
the proposed extension, may engage in that trade? Have not Ministers, in
proposing that the _Government_ of India should continue to be
administered through the organ of the Company, proposed to them the
continuance of the peculiar and great benefit, of carrying on their
_commerce_ by means of _the revenue_ of that Government? Whereas, the
private adventurers must trade upon their own capitals, or at an heavy
charge of interest.
How is it, then, that we hear so much of the loss which our Navy must
sustain, from the large ships of the Company being withdrawn from the
Eastern Trade; of the distress to which the Commanders and Officers, and
the numerous classes of artificers and others connected with those
ships, are to be exposed? Why are we told, that the East India Docks
will be left empty, and the Proprietors be reduced to apply to
Parliament for an indemnification? Can it possibly happen, that all
these calamities, so heavily denounced, should arise out of a permission
to be granted to private ships, returning from India, to proceed to
_certain ports to be designated_; more advantageously situated for their
trade than the Port of London? A permission, which the Directors
themselves are of opinion will not long be made use of to any great
extent; for they have told us, that the adventurers in those private
ships will be disappointed in their speculations; and they have adverted
to the mass of individual loss, which must ensue from the delusion, as
furnishing a strong argument, why Government ought not to yield to the
importunity of the Merchants of the out-ports.
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