The Life of Robert, Lord Clive, Vol. 3 (of 3): Collected from the Family Papers Communicated by the Earl of PowisMalcolm, John
History
The Life of Robert, Lord Clive, Vol. 3 (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
The third charge was, frauds in the exchange, and in the gold coinage.
This, he said, was a subject very much out of his sphere, as he was
totally unacquainted with the proportion of alloy and the mixture of
metals. That the Select Committee was apprehensive of the country being
drained of silver, and, knowing that there was much gold in different
quarters, hoped to make it circulate as coin. "Hence the establishment
of the gold currency," he continues. "Whether it answered our purpose
or not, I cannot say, as I did not remain in Bengal long enough to
experience the effect of it; but this I know, that the assay and
mint-master, by whose judgment we were guided, was a very able and a
very honest man, and has, I understand, given a full and satisfactory
explanation of his plan to the Court of Directors. With regard to
myself, I shall only assert, that I did not receive a farthing
advantage from it, and that I never sent a single rupee or gold mohur
to be coined in my life.
"The fourth charge has this extraordinary title, 'A monopoly of salt,
betle-nut, and tobacco, and other commodities, which occasioned the
late famine.' How a monopoly of salt, betle-nut, and tobacco, in the
years 1765 and 1766 could occasion a want of rain and scarcity of
rice in the year 1770, is past my comprehension. I confess I cannot
answer that part of this article; and as to the _other commodities_,
as they have not been specified, I cannot say any thing to them." He
then entered into an explanation regarding the monopoly of salt, its
origin, objects, and effects, and defended his conduct and that of the
Select Committee in every circumstance, ascribing the opposition which
their measures met with to ignorance, prejudice, and mistaken views.
He contended that, in the circumstances of the country, it was the
only fund left for adequately paying the higher servants; that it was
faithfully and judiciously applied to that purpose; and that it was
attended with no injury or increase of taxation to the people, who,
by the plan of the society, were to receive it at as moderate a rate
as they had ever done in former times. Finally, he showed that he had
strictly conformed to a resolution made before leaving England,--not
to return in any degree enriched by his expedition to India; and
for that purpose had exhibited the state of his whole receipts as
Governor, including his share in the Society of Trade, as well as his
expenditure; by which it appeared, that of the proceeds one portion
was divided among Mr. Maskelyne, Mr. Strachey, and Mr. Ingham, three
gentlemen who had accompanied him to India, the two latter his private
secretary and family surgeon; and all the residue applied in part
payment of his necessary expenses as Governor; and that, so far from
returning home with any pecuniary benefits, he had really incurred a
loss of 5,816_l._ 16_s._ 9_d._
Public-domain text, read in full here on John Shaqi.
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