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 first plea that was insisted on, was, that the Company was bankrupt;
but this argument defeats itself. If they are bankrupt, the law has
provided a due course of proceeding: Ministers, or the Deputies of
Ministers, are not the proper assignees to the bankrupt's estate: the
trade is, moreover, by the civil death of the Company, open to every
adventurer. But this pretext of bankruptcy is but a flimsy disguise
easily seen through: Ministers are not so eager to obtain the
administration of the affairs of a bankrupt: the virtuous majority in
the House of Commons, increased without any visible cause, or known
success, or advantage of any kind, real or pretended, obtained to the
public from the cares of the late administration;--increased, I say,
from a small doubtful few in the disapprobation of the peace, to a
steady, triumphant majority of one hundred and fourteen in the business
of the East-India Company; gives no note or appearance of a present
bankruptcy in the Company's affairs; but to those that do not know the
incorruptible integrity and disinterestedness of the British legislative
bodies, gives an ugly hint and surmise of what is likely to happen in
future. Of bankruptcy I need say no more; it confutes itself.
The next plea is humanity, and a wish to restore in India a better and a
juster system of government, less rapacious, and less oppressive to the
natives. This is certainly a fair and generous object; but how do the
means correspond with the end, or, what solid proof have we that
excesses do exist, or, at least, have been carried to the singular and
unnatural extent each parliamentary declaimer is pleased to assign to
them? Having forced the Company to bear a share in all the foolish wars
Britain involved herself in, money must be found. The smooth swindling
methods of funding, without giving the creditors adequate securities
for either principal or interest, are not practicable in Cina.
Self-preservation enforced the necessity of violence, more obnoxious in
the beginning, but, perhaps, in the end, less ruinous than the soft, sly
deceits of Europe. Those violent measures, palliated by the necessity of
self-preservation, excepted, what remains but an _ex parte_ charge, in
Reports to the House of Commons, curious and voluminous indeed, but
without confrontation of the accused, or any other necessary preliminary
to condemnation, sought by private equity, or required by public
justice? We have only an inform mass of matter, where disappointment,
vanity, and malevolence, are too often prompted by management and design
to accuse, and every accusation is held forth as compleat evidence of
guilt. Indeed, some accounts scattered through the vast abyss of eastern
manners and customs, make by much the most useful and entertaining part
of this exceedingly tedious farrago; though in this part it falls far
short in beauty of style and composition, and probably does not much
exceed in veracity, the Arabian Night's Entertainments.--But grant that
Public-domain text, read in full here on John Shaqi.
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