I have stated to you the estimated produce of the territories of the Carnatic in a condition to be farmed in 1782, according to the different managements into which they might fall; and this estimate the ministers have thought proper to suppress. Since that, two other accounts have been received. The first informs us, that there has been a recovery of what is called arrear, as well as of an improvement of the revenue of one of the six provinces which were let in 1782.[43] It was brought about by making a new war. After some sharp actions, by the resolution and skill of Colonel Fullarton several of the petty princes of the most southerly of the unwasted provinces were compelled to pay very heavy rents and tributes, who for a long time before had not paid any acknowledgment. After this reduction, by the care of Mr. Irwin, one of the committee, that province was divided into twelve farms. This operation raised the income of that particular province; the others remain as they were first farmed. So that, instead of producing only their original rent of 480,000_l._, they netted, in about two years and a quarter, 1,320,000_l._ sterling, which would be about 660,000_l._ a year, if the recovered arrear was not included. What deduction is to be made on account of that arrear I cannot determine, but certainly what would reduce the annual income considerably below the rate I have allowed. The second account received is the letting of the wasted provinces of the Carnatic. This I understand is at a growing rent, which may or may not realize what it promises; but if it should answer, it will raise the whole, at some future time, to 1,200,000_l._ You must here remark, Mr. Speaker, that this revenue is the produce of _all_ the Nabob's dominions. During the assignment, the Nabob paid nothing, because the Company had all. Supposing the whole of the lately assigned territory to yield up to the most sanguine expectations of the right honorable gentleman, and suppose 1,200,000_l._ to be annually realized, (of which we actually know of no more than the realizing of six hundred thousand,) out of this you must deduct the subsidy and rent which the Nabob paid before the assignment,--namely, 340,000_l._ a year. This reduces back the revenue applicable to the new distribution made by his Majesty's ministers to about 800,000_l._ Of that sum five eighths are by them surrendered to the debts. The remaining three are the only fund left for all the purposes so magnificently displayed in the letter of the Board of Control: that is, for a new-cast peace establishment, a now fund for ordnance and fortifications, and a large allowance for what they call "the splendor of the Durbar."