I will explain myself. They order the Nabob, out of the revenues of the Carnatic, to allot four hundred and eighty thousand pounds a year, as a fund for the debts before us. For the punctual payment of this annuity, they order him to give soucar security.[52] When a soucar, that is, a money-dealer, becomes security for any native prince, the course is for the native prince to counter-secure the money-dealer, by making over to him in mortgage a portion of his territory equal to the sum annually to be paid, with an interest of at least twenty-four per cent. The point fit for the House to know is, who are these soucars to whom this security on the revenues in favor of the Nabob's creditors is to be given? The majority of the House, unaccustomed to these transactions, will hear with astonishment that these soucars are no other than the creditors themselves. The minister, not content with authorizing these transactions in a manner and to an extent unhoped for by the rapacious expectations of usury itself, loads the broken back of the Indian revenues, in favor of his worthy friends, the soucars, with an additional twenty-four per cent for being security to themselves for their own claims, for condescending to take the country in mortgage to pay to themselves the fruits of their own extortions. The interest to be paid for this security, according to the most moderate strain of soucar demand, comes to 118,000_l._ a year, which, added to the 480,000_l._ on which it is to accrue, will make the whole charge amount to 598,000_l._ a year,--as much as even a long peace will enable those revenues to produce. Can any one reflect for a moment on all those claims of debt, which the minister exhausts himself in contrivances to augment with new usuries, without lifting up his hands and eyes in astonishment at the impudence both of the claim and of the adjudication? Services of some kind or other these servants of the Company must have done, so great and eminent that the Chancellor of the Exchequer cannot think that all they have brought home is half enough. He hallooes after them, "Gentlemen, you have forgot a large packet behind you, in your hurry; you have not sufficiently recovered yourselves; you ought to have, and you shall have, interest upon interest upon a prohibited debt that is made up of interest upon interest. Even this is too little. I have thought of another character for you, by which you may add something to your gains: you shall be security to yourselves; and hence will arise a new usury, which shall efface the memory of all the usuries suggested to you by your own dull inventions."