The Works of the Right Honourable Edmund Burke, Vol. 03 (of 12). Edmund Burke

20

In the year 1778, Mr. James Call, one of the proprietors of this specific debt, was actually mayor. (Appendix to 2d Report of Mr. Dundas's committee, No. 65.) The only proof which appeared on the inquiry instituted in the General Court of 1781 was an affidavit of the lenders themselves, deposing (what nobody ever denied) that they had engaged and agreed to pay—not that they had paid—the sum of 160,000l. This was two years after the transaction; and the affidavit is made before George Proctor, mayor, an attorney for certain of the old creditors.—Proceedings of the President and Council of Fort St. George, 22d February, 1779.

21

Right Honorable Henry Dundas.

22

Appendix to the 4th Report of Mr. Dundas's committee, No 15.

23

"No sense of the common danger, in case of a war, can prevail on him [the Nabob of Arcot] to furnish the Company with what is absolutely necessary to assemble an army, though it is beyond a doubt that money to a large amount is now hoarded up in his coffers at Chepauk; and tunkaws are granted to individuals, upon some of his most valuable countries, for payment of part of those debts which he has contracted, and which certainly will not bear inspection, as neither debtor nor creditors have ever had the confidence to submit the accounts to our examination, though they expressed a wish to consolidate the debts under the auspices of this government, agreeably to a plan they had formed."—Madras Consultations, 20th July, 1778. Mr. Dundas's Appendix to 2nd Report, 143. See also last Appendix to ditto Report, No. 376, B.

24

Transcriber's note: Footnote missing in original text.

25

Lord Pigot

26

In Sir Thomas Rumbold's letter to the Court of Directors, March 15th, 1778, he represents it as higher, in the following manner:—"How shall I paint to you my astonishment, on my arrival here, when I was informed, that, independent of this four lacs of pagodas [the Cavalry Loan], independent of the Nabob's debt to his old creditors, and the money due to the Company, he had contracted a debt to the enormous amount of sixty-three lacs of pagodas [2,520,000l.]. I mention this circumstance to you with horror; for the creditors being in general servants of the Company renders my task, on the part of the Company, difficult and invidious." "I have freed the sanction of this government from so corrupt a transaction. It is in my mind the most venal of all proceedings to give the Company's protection to debts that cannot bear the light; and though it appears exceedingly alarming, that a country on which you are to depend for resources should be so involved as to be nearly three years' revenue in debt,—in a country, too, where one year's revenue can never be called secure, by men who know anything of the politics of this part of India." "I think it proper to mention to you, that, although the Nabob reports his private debt to amount to upwards of sixty lacs, yet I understand that it is not quite so much." Afterwards Sir Thomas Rumbold recommended this debt to the favorable attention of the Company, but without any sufficient reason for his change of disposition. However, he went no further.

27

Nabob's proposals, November 25th, 1778; and memorial of the creditors, March 1st, 1779.

28

Nabob's proposals to his new consolidated creditors, November 25th, 1778.

29

Paper signed by the Nabob, 6th January, 1780.

30

Kistbundi to July 31, 1780.

31

Governor's letter to the Nabob, 25th July, 1779.

32

Report of the Select Committee, Madras Consultations, January 7, 1771. See also papers published by the order of the Court of Directors in 1776; and Lord Macartney's correspondence with Mr. Hastings and the Nabob of Arcot. See also Mr. Dundas's Appendix, No 376, B. Nabob's propositions through Mr. Sulivan and Assam Khân, Art. 6, and indeed the whole.

33

"The principal object of the expedition is, to get money from Tanjore to pay the Nabob's debt: if a surplus, to be applied in discharge of the Nabob's debts to his private creditors." (Consultations, March 20, 1771; and for further lights, Consultations, 12th June, 1771.) "We are alarmed lest this debt to individuals should have been the real motive for the aggrandizement of Mahomed Ali [the Nabob of Arcot], and that we are plunged into a war to put him in possession of the Mysore revenues for the discharge of the debt."—Letter from the Directors, March 17, 1769.

34

Letter from the Nabob, May 1st, 1768; and ditto, 24th April, 1770, 1st October; ditto, 16th September, 1772, 16th March, 1773.

35

Letter from the Presidency at Madras to the Court of Directors, 27th June, 1769.

36

Mr. Dundas's committee. Report L, Appendix, No. 29.

37

Appendix, No. 4. Report of the Committee of Assigned Revenue.

38

Mr. Barnard's map of the Jaghire

39

See Report IV., Mr. Dundas's committee, p. 46.

40

Interest is rated in India by the month.

41

Mr. Dundas's committee. Rep. I. p. 9, and ditto, Rep. IV. 69, where the revenue of 1777 stated only at 22 lacs,—30 lacs stated as the revenue, "supposing the Carnatic to be properly managed."

42

See Appendix, No. 4. statement in the Report of the Committee of Assigned Revenue.

43

The province of Tinnevelly.

44

Appendix, No. 5.

45

See extract of their letter in the Appendix, No. 9.

46

"It is certain that the incursion of a few of Hyder's horse into the Jaghire, in 1767, cost the Company upwards of pagodas 27,000, in allowances for damages."—Consultations, February 11th, 1771.

47

Proceeding at Madras, 11th February, 1769, and throughout the correspondence on this subject; particularly Consultations, October 4th, 1769, and the creditors' memorial, 20th January, 1770.

48

Appendix, No. 7.

49

For some part of these usurious transactions, see Consultation, 28th January, 1781; and for the Nabob's excusing his oppressions on account of these debts, Consultation, 26th November, 1770. "Still I undertook, first, the payment of the money belonging to the Company, who are my kind friends, and by borrowing, and mortgaging my jewels, &c., by taking from every one of my servants, in proportion to their circumstances, by fresh severities also on my country, notwithstanding its distressed state, as you know."—The Board's remark is as follows: after controverting some of the facts, they say, "That his countries are oppressed is most certain, but not from real necessity; his debts, indeed, have afforded him a constant pretence for using severities and cruel oppressions."

50

See Consultation, 28th January, 1781, where it is asserted, and not denied, that the Nabob's farmers of revenue seldom continue for three months together. From this the state of the country may be easily judged of.

51

In Mr. Fox's speech.

52

The amended letter, Appendix, No. 9.

53

Appendix, No. 8.

54

Mr. Petrie's evidence before the Select Committee, Appendix, No. 7.

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