Accordingly he granted the English everything they asked for--the full restoration of all their privileges, and restitution of all they had lost in the sack of Calcutta. As the English valued their losses at several hundreds of thousands, and the Nawab had found only some £5000 in the treasury of Fort William, it is clear that the wealth of Calcutta was either sunk in the Ganges or had fallen as booty into the hands of the Moorish soldiers. Siraj-ud-daula, though he did not yet know it, was a ruined man when he returned to his capital. His only chance of safety lay in one of two courses--either a loyal acceptance of the conditions imposed by the English or a loyal alliance with the French against the English. From the Dutch he could hope for nothing. They were as friendly to the English as commercial rivals could be. They had always declared they were mere traders and would not fight, and they kept their word. After the capture of Calcutta the Nawab had exacted heavy contributions from both the French and Dutch; but France and England were now at war, and he thought it might be possible that in these circumstances the restoration of their money to the French and the promise of future privileges might win them to his side. He could not, however, decide finally on either course, and the French were not eager to meet him. They detested his character, and they preferred, if the English would agree, to preserve the old neutrality and to trade in peace. Further, they had received no supplies of men or money for a long time; the fortifications of Chandernagore, i.e. of Fort d'Orléans, were practically in ruins, and the lesser Factories in the interior were helpless. Their military force, for attack, was next to nothing: all they could offer was wise counsel and brave leaders. They were loth to offer these to a man like the Nawab against Europeans, and he and his Court were as loth to accept them. Unluckily for the French, deserters from Chandernagore had served the Nawab's artillery when he took Calcutta, and it was even asserted that the French had supplied the Nawab with gunpowder; and so when the English heard of these new negotiations, they considered the proposals for a neutrality to be a mere blind; they forgot the kindness shown by the French to English refugees at Dacca, Cossimbazar, and Chandernagore, and determined that, as a permanent peace with the Nawab was out of the question, they would, whilst he hesitated as to his course of action, anticipate him by destroying the one element of force which, if added to his power, might have made him irresistible. They continued the negotiations for a neutrality on the Ganges only until they were reinforced by a body of 500 Europeans from Bombay, when they sent back the French envoys and exacted permission from the Nawab to attack Chandernagore. Clive marched on that town with a land force of 4000 Europeans and Sepoys, and Admiral Watson proceeded up the river with a small but powerful squadron.