I. That it was the declared policy of the Company, on the acquisition of the dewanny of Bengal, to continue the country government, under the inspection of the Resident at the Nabob's durbar in the first instance, and that of the President and Council in the last; and for that purpose they did stipulate to assign, for the support of the dignity of the Nabob, an annual allowance from the revenues, equal to four hundred thousand pounds a year. II. That, during the country government, the principal active person in the administration of affairs, for rank, and for reputation of probity, and of knowledge in the revenues and the laws, was Mahomed Reza Khan, who, besides large landed property, was possessed of offices whose emoluments amounted nearly, if not altogether, to one hundred thousand pounds a year. IV.[16] That the Company's servants, in the beginning, were not conversant in the affairs of the revenue, and stood in need of natives of integrity and experience to act in the management thereof. On that ground, as well as in regard to the rank which Mahomed Reza Khan held in the country, and the confidence of the people in him, they, the President and Council, did inform the Court of Directors, in their letter of the 30th of September, 1765, that, "as Mahomed Reza Khan's short administration was irreproachable, they determined to continue him in a share of the authority"; and this information was not given lightly, but was founded upon an inquiry into his conduct, and a minute examination of charges made against him by his rivals in the Nabob's court,--they having insinuated to the Nabob that a design was formed for deposing him, and placing Mahomed Reza on his throne; but, on examination, the President and Council declare, that "he had so openly and candidly accounted _for every rupee_ disbursed from the treasury, that they could not, without injury to his character, and injustice to his conduct during his short administration, refuse continuing him in a share of the government." V. That the Company had reason to be satisfied with the arrangement made, so far as it regarded him: the President and Council having informed them, in the following year, in their letter of the 9th of December, 1766, that "the _large_ increase of the revenue must in a great measure be ascribed to Mr. Sykes's assiduity, and to _Mahomed Reza Khan's profound knowledge in the finances_."