The Works of the Right Honourable Edmund Burke, Vol. 08 (of 12)Burke, Edmund
History
The Works of the Right Honourable Edmund Burke, Vol. 08 (of 12)
Burke, Edmund
Great Britain -- Politics and government -- 1760-1820; Political science -- Early works to 1800
The next article of direct monopoly subservient to the Company's export
is saltpetre. This, as well as opium, is far the greater part the
produce of the province of Bahar. The difference between the management
and destination of the two articles has been this. Until the year 1782,
the opium has been sold in the country, and the produce of the sale laid
out in country merchandise for the Company's export. A great part of the
saltpetre is sent out in kind, and never has contributed to the interior
circulation and commerce of Bengal. It is managed by agency on the
Company's account. The price paid to the manufacturer is invariable.
Some of the larger undertakers receive advances to enable them to
prosecute their work; but as they are not always equally careful or
fortunate, it happens that large balances accumulate against them.
Orders have been sent from Calcutta from time to time to recover their
balances, with little or no success, but with great vexation to all
concerned in the manufacture. Sometimes they have imprisoned the failing
contractors in their own houses,--a severity which answers no useful
purpose. Such persons are so many hands detached from the improvement
and added to the burden of the country. They are persons of skill drawn
from the future supply of that monopoly in favor of which they are
prosecuted. In case of the death of the debtor, this rigorous demand
falls upon the ruined houses of widows and orphans, and may be easily
converted into a means either of cruel oppression or a mercenary
indulgence, according to the temper of the exactors. Instead of thus
having recourse to imprisonment, the old balance is sometimes deducted
from the current produce. This, in these circumstances, is a grievous
discouragement. People must be discouraged from entering into a
business, when, the commodity being fixed to one invariable standard and
confined to one market, the best success can be attended only with a
limited advantage, whilst a defective produce can never be compensated
by an augmented price. Accordingly, very little of these advances has
been recovered, and after much vexation the pursuit has generally been
abandoned. It is plain that there can be no life and vigor in any
business under a monopoly so constituted; nor can the true productive
resources of the country, in so large an article of its commerce, ever
come to be fully known.
The supply for the Company's demand in England has rarely fallen short
of two thousand tons, nor much exceeded two thousand five hundred. A
discretionary allowance of this commodity has been made to the French,
Dutch, and Danes, who purchase their allotted shares at some small
advance on the Company's price. The supply destined for the London
market is proportioned to the spare tonnage; and to accommodate that
tonnage, the saltpetre is sometimes sent to Madras and sometimes even to
Bombay, and that not unfrequently in vessels expressly employed for the
purpose.
Public-domain text, read in full here on John Shaqi.
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