A Letter to the Proprietors of East India Stock Respecting the Present Situatio
A Letter to the Proprietors of East India Stock Respecting the Present Situatio
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and Sndly. That the former are more expensive to build, more expensive to fit out, and more ex- pensive to navigate than the latter? Surely they might have been satisfied to have rested their [ 52 J their triumph over the poor private trader, and his ally the Indian agent, on arguments so con- sistent and so unanswerable. But then, we are told in the Report, these deluded enemies had given just and great offence by intercepting the fortunes of individuals, which would otherwise have found their... way into the Company's treasury at Calcutta. If they have done this to the distress of the Company, for the chance of embarking so much additional capital in a losing trade of Indian ships, it unquestionably shews, on their part, a very rancorous, but a very foolish spirit of hostility. Supposing, however, the fact to be true, with due deference to the authors of the Report, I must still be al- lowed to doubt whether, with a view to bring those capitals to flow again in their accustomed channel, it was good policy in them to make such a display of the distressed situation of their affairs.
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To quickly assess the difficulty of the text, read a short excerpt:
and Sndly. That the former are more expensive to build, more expensive to fit out, and more ex- pensive to navigate than the latter? Surely they might have been satisfied to have rested their [ 52 J their triumph over the poor private trader, and his ally the Indian agent, on arguments so con- sistent and so unanswerable. But then, we are told in the Report, these deluded enemies had given just and great offence by intercepting the fortunes of individuals, which would otherwise have found their... way into the Company's treasury at Calcutta. If they have done this to the distress of the Company, for the chance of embarking so much additional capital in a losing trade of Indian ships, it unquestionably shews, on their part, a very rancorous, but a very foolish spirit of hostility. Supposing, however, the fact to be true, with due deference to the authors of the Report, I must still be al- lowed to doubt whether, with a view to bring those capitals to flow again in their accustomed channel, it was good policy in them to make such a display of the distressed situation of their affairs.
What to read after A Letter to the Proprietors of East India Stock Respecting the Present Situatio?
You can find similar books in the "Read Also" column, or choose other free books by Thomas Henchman to read onlineMoreLess
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