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
to pay some attention to their immediate and urgent necessities.
An inferior man would have hesitated and faltered: Clive saw that
decision was necessary for the crisis. He could not undo his own work
of pacification and reform. The affairs of the Society were too far
advanced to be discontinued all at once. He therefore confirmed the
grant to the Society, but declared that it was to terminate at the
conclusion of the current year, the 1st of September, 1767.[84] At
the same time, the Select Committee of Calcutta, by their letter of
the 26th of January, 1767, while they mentioned that the orders for
discontinuing the Society had been complied with, remonstrated strongly
with the Court of Directors on the occasion; calling on them to review
their opinion.
Such is an outline of the history of the Society of Trade during
Clive's government. He formed a society in unison, as he supposed,
with the spirit of the orders of the Court of Directors, which desired
him, in the new plan of trade intended to be formed, to consult the
benefit of three parties--the Nabob, the Company, and its servants.
The Nabob's interest had merged in the Company's. The interest of the
natives, however, the most important of all, was consulted by their
restoration to the benefits of the trade, from which recently they
had nearly been excluded; and by the exclusion of Europeans from any
participation in the details of it. How the interests of the Company's
servants were to be consulted by any plan that admitted them to the
profits, yet excluded them in every shape from the trade, it is not
easy to imagine. Lord Clive and the Committee did, therefore, what
then, and in all succeeding times, it has been found necessary to do,
in India, and in every distant possession, to form and execute a plan
on their own responsibility, and to leave the future approbation or
disapprobation to their distant masters. Inconvenient as this may be,
it is an inconvenience inseparable from distant legislation.
A few words may here be said on the future history of the salt trade.
The Court of Directors, after receiving the letters of the Select
Committee, still persisted in their desire of abolishing the Society,
and of removing Europeans from this and all other concern with the
inland trade of the country. They therefore, by their letter of the
20th of November, 1767, written eighteen months after their former
letter, ordered the Society of Trade to be abolished, and the salt-pans
to be sold by public auction, excluding all Europeans from being
bidders or owners, directly or indirectly. Instead of the benefits
resulting to the senior servants from this trade, an allotment of
2-1/2 per cent. on the net revenue of the dewannee was assigned to
them in certain shares; and a small increase of pay to captains and
subalterns.[85]
Public-domain text, read in full here on John Shaqi.
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