A Letter to the Proprietors of East India Stock Upon the Question to Be Ballott
A Letter to the Proprietors of East India Stock Upon the Question to Be Ballott
Independent Proprietor
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The laft grant being only a fum for maintenance of our military efta- blimment, it was impoflible that govern- ment could have made any demand for a fhare of it ; and our former acquifitions had been enjoyed, for many years, without being challenged ; fo that upon the footing of that treaty made by Mr. Spencer, the Proprietors would have obtained 20 per cent, dividend out of the revenues, after paying all military charges, befides the whole 1 ( 19 ) whole profits of their trade. But the boafted... treaty of lord Clive will not, upon the footing of any of the propofitions of- fered to government, yield a dividend of 15 per cent, over and above the profits of the trade ; and therefore the Company has, in reality, received no real benefit from lord Clive's proceedings, but have been thereby involved in the mod difagree- able altercation with the legiflative power of this country, to which the wifeft man cannot fee an end. Muft not, therefore, every impartial perfon agree with me, that his lordmip has already received a moft ample reward for thefe unfruitful fervices.
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