A Letter to the Proprietors of East India Stock Containing a Brief Relation of
A Letter to the Proprietors of East India Stock Containing a Brief Relation of
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It was feen, that the refolutions of the Proprietors might again be governed by the expectation of an additional 2^ per cent, di- vidend, when the fubfifting agreement ex- pired: and the precedent being already efta- bliihed, next year a fecond reftraining Bill took its rife in the Houfe of Commons. Petitions were prefented : an eftirnate of the probable receipts and diiburfements was fabricated, to prove t 8 ] prove the Company's debts would be dif- charged within the year. Mr. Rous's tefti- m...ony at the Bar of the Lords, upon this oc- cafion, gave great fcandal to the more violent Partizans of Dividend. He ftill thought, as before, that granting to Government, or divi- ding among ourfelves, before the Company's extra- debts were paid, and the difficulties at home removed, was beginning at the wrong end; but at the fame time maintained, that the Proprietors were entitled to a preference. Being examined as to the Eftimate, he ex- plained the principles upon which it had been formed, and affigned fome reafons for be- lieving the receipts [c] were confiderably over-rated.
What to read after A Letter to the Proprietors of East India Stock Containing a Brief Relation of?
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To quickly assess the difficulty of the text, read a short excerpt:
It was feen, that the refolutions of the Proprietors might again be governed by the expectation of an additional 2^ per cent, di- vidend, when the fubfifting agreement ex- pired: and the precedent being already efta- bliihed, next year a fecond reftraining Bill took its rife in the Houfe of Commons. Petitions were prefented : an eftirnate of the probable receipts and diiburfements was fabricated, to prove t 8 ] prove the Company's debts would be dif- charged within the year. Mr. Rous's tefti- m...ony at the Bar of the Lords, upon this oc- cafion, gave great fcandal to the more violent Partizans of Dividend. He ftill thought, as before, that granting to Government, or divi- ding among ourfelves, before the Company's extra- debts were paid, and the difficulties at home removed, was beginning at the wrong end; but at the fame time maintained, that the Proprietors were entitled to a preference. Being examined as to the Eftimate, he ex- plained the principles upon which it had been formed, and affigned fome reafons for be- lieving the receipts [c] were confiderably over-rated.
What to read after A Letter to the Proprietors of East India Stock Containing a Brief Relation of?
You can find similar books in the "Read Also" column, or choose other free books by James Mckellar Bugbee to read onlineMoreLess
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