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 trade in _raw silk_ was at all times more popular in England than
really advantageous to the Company. In addition to the old jealousy
which prevailed between the Company and the manufactory interest of
England, they came to labor under no small odium on account of the
distresses of India. The public in England perceived, and felt with a
proper sympathy, the sufferings of the Eastern provinces in all cases in
which they might be attributed to the abuses of power exercised under
the Company's authority. But they were not equally sensible to the evils
which arose from a system of sacrificing the being of that country to
the advantage of this. They entered very readily into the former, but
with regard to the latter were slow and incredulous. It is not,
therefore, extraordinary that the Company should endeavor to ingratiate
themselves with the public by falling in with its prejudices. Thus they
were led to increase the grievance in order to allay the clamor. They
continued still, upon a larger scale, and still more systematically,
that plan of conduct which was the principal, though not the most
blamed, cause of the decay and depopulation of the country committed to
their care.
With that view, and to furnish a cheap supply of materials to the
manufactures of England, they formed a scheme which tended to destroy,
or at least essentially to impair, the whole manufacturing interest of
Bengal. A policy of that sort could not fail of being highly popular,
when the Company submitted itself as an instrument for the improvement
of British manufactures, instead of being their most dangerous rival, as
heretofore they had been always represented.
They accordingly notified to their Presidency in Bengal, in their letter
of the 17th of March, 1769, that "there was no branch of their trade
they more ardently wish to extend than that of raw silk." They
disclaim, however, all desire of employing compulsory measures for that
purpose, but recommended every mode of encouragement, and particularly
by augmented wages, "_in order to induce manufacturers of wrought silk
to quit that branch and take to the winding of raw silk_."
Having thus found means to draw hands from the manufacture, and
confiding in the strength of a capital drawn from the public revenues,
they pursue their ideas from the purchase of their manufacture to the
purchase of the material in its crudest state. "We recommend you to give
an _increased price_, if necessary, _so as to take that trade out of the
hands of other merchants and rival nations_." A double bounty was thus
given against the manufactures, both in the labor and in the materials.
Public-domain text, read in full here on John Shaqi.
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