The Life of Robert, Lord Clive, Vol. 1 (of 3): Collected from the Family Papers Communicated by the Earl of PowisMalcolm, John
History
The Life of Robert, Lord Clive, Vol. 1 (of 3): Collected from the Family Papers Communicated by the Earl of Powis
Malcolm, John
Clive, Robert Clive, Baron, 1725-1774; India -- History -- British occupation, 1765-1947
CHAP. V.
The power established by the Mahommedans in India has never varied in
its character from their first invasion of that country to the present
time. The different qualities of the individuals by whom it has been
exercised, have introduced a variety of shades both in the mode and
substance of their rule, but the general features have remained the
same. The Mahommedan emperors of Delhi, the Subadars of divisions of
the empire, and the Nabobs and chiefs of kingdoms and principalities,
supplanted and expelled, or extirpated, sovereigns and princes of the
Hindu military tribe:--but while they succeeded to the power which
these potentates had held, the management of the finance and revenue,
and all those minuter arrangements of internal policy, on which the
good order of the machine of government must ever depend, remained
very nearly in the same hands in which the Mahommedans had found
them. The unwarlike but well-educated Hindus of the Brahmin or the
mercantile castes continued, as under the martial princes of their
own tribe, to manage almost all the concerns of the state. A Hindu,
under the denomination of minister, or as Naib (or deputy), continued
at the head of the exchequer; and in this office he was connected
with the richest bankers and monied Hindus of the country. Princes
had private hoards,--but there was no public treasury. Advances were
made to individuals and bodies of men by bankers (denominated Seits
or Soucars), who were repaid by orders on the revenue, and obtained a
double profit on the disbursement and the receipt of money. The proud
and thoughtless Mahommedan prince, anxious only for the means necessary
for his purposes of pleasure or ambition, was not over-scrupulous as
to the terms he granted to the financial agents: and the advantages
they gained, combined with their simple and frugal habits[123], enabled
them to amass immense wealth. This they well knew how to employ, for
purposes both of accumulation, and of establishing political influence;
commanding, as they did, the money resources of the country, the
prince, his officers, and army, were all in a great degree dependent
upon them; and to treat them with extreme severity was certain to incur
obloquy, and often defeated its aim, since, by their natural character,
they were as patient of suffering as they were tenacious of their
gains.
Besides, the wealth of Hindu ministers and managers was usually
deposited with bankers; and the injury done to credit by acts of
injustice or oppression towards any of the latter class, affected
such numbers, as to prove ruinous to the reputation, and often to the
interests, of the despot by whom it was attempted.
Public-domain text, read in full here on John Shaqi.
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