The Proper Limits of the Government's Interference with the Affairs of the East-India Company: Attempted to be Assigned with some few Reflections Extorted by, and on, the Distracted State of the Times — John Shaqi
The Proper Limits of the Government's Interference with the Affairs of the East-India Company: Attempted to be Assigned with some few Reflections Extorted by, and on, the Distracted State of the TimesStair, John Dalrymple, Earl of
History
The Proper Limits of the Government's Interference with the Affairs of the East-India Company: Attempted to be Assigned with some few Reflections Extorted by, and on, the Distracted State of the Times
Stair, John Dalrymple, Earl of
East India Company -- Finance; Great Britain -- Politics and government -- 1760-1789
the natural and needful course of their public functions, and however
averse the parties interested were to trust their concerns to their
direction. In consequence of this canine hunger and thirst after
regulation, a bill was brought in and passed by a very great majority of
the House of Commons, to virtually consolidate the embarrassed concerns
of the East-India Company, in direct opposition to the desires of the
proprietors, with the no less embarrassed affairs of this unhappy
country. This bill has been thrown out by a wise and virtuous majority
in the House of Peers; but as the majority there was but small, and
threats are thrown out (in order to make it still smaller) against
Peers, for exercising their indispensable distinctive prerogative duty
of giving honest counsel to their King; and as the same majority,
leagued to promote their own advancement and the ruin of the state,
still exists and exults in the House of Commons; I doubt not but the
same strange destructive measure will be resumed. It therefore becomes
the business of every well-wisher to the prosperity of Britain, to
oppose and to refute the specious nothings offered to blind and to
conceal from the public the designs of a dark and fatal tendency
attached to it; and I think it my duty, moreover, and a justice due to
the creditors of the public in particular, at least, to such as shall
adhere to me, to protest and enter my dissent in their name against any
increase of the public debt, by the addition and incorporation of the
debts of the East-India Company with those of the public, in any manner,
whether openly, or by implication and management.
I now proceed to consider the reasons offered in vindication of the bill
by which so daring a violation of every thing the laws hold most sacred
was attempted.
Public-domain text, read in full here on John Shaqi.
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