The Life of Robert, Lord Clive, Vol. 3 (of 3): Collected from the Family Papers Communicated by the Earl of Powis — John Shaqi
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
We have already seen that, by the firman of the King of Delhi, the
English Company possessed the right of trading free from duties. This
privilege was granted to favour the kind of trade they then carried
on, which was confined to exports and imports by sea: and the dustuck,
or passport, of the English presidents or chiefs, was respected by the
Subahdar's officers to that extent. Under this privilege the President
favoured also the private trade of the Company's servants or officers,
which, though not strictly according to the words of the firman, was
never objected to.
As to the internal or carrying trade of the country, to engage in it
never entered into the plans of the Company or its servants, which
were confined to the valuable and profitable traffic between Europe
and India; and, had they thought of it, it is clear that it could not
have been profitably conducted by foreigners under a native government,
which had the power of enforcing justice in the transactions between
them and its own subjects.
But after the deposition of Suraj-u-Dowlah, and the elevation of Meer
Jaffier, the influence of the English in Bengal became paramount;
and, as they were all traders, some of them extended their views, and
availed themselves of their political superiority to enter into the
internal trade also; and, applying their partial freedom from duties on
foreign trade to circumstances totally different, employed it to exempt
themselves from duties even on their illegal internal commerce; an
indulgence which, of course, had never been intended.
As long as Clive remained in Bengal, he checked these pretensions by
his characteristic firmness and spirit; but no sooner had he left the
country, than there was a general rush of the Company's servants,
and of Europeans of all classes, towards the interior trade of the
three provinces. In the foreign trade, the Company and its officers
had, indeed, the advantage of trading free of duties, but the returns
were tardy, and in some instances uncertain; whereas in the internal
trade the return was rapid and certain; and, as they most unjustly
claimed for this trade the same exemption from duties which they had
enjoyed for the articles of their foreign export trade, it is clear
that they had it in their power to undersell the native merchant in
his own market; that, to the extent of their capital, they had all
the advantages of a monopoly; and that, as their trade increased, the
revenues of the sovereign must decay. By this assumption they, in fact,
made themselves participators in the benefit of the taxes imposed for
the public service.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account