An Address to the Publick On the Subject of the East India Dividend
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I am fure the conftruction of language in that bye-law does not im- ply it, and the conftant practice has been againft it, nor was the general annual account ever fhewn before this period, though the dividend has been raifed and lowered fo often. In Mr. Barclay's time we find the Directors put a previous queftion on a motion to read papers ; but I mall anfwer this as the foregoing ob- jection, that fuppofing it was neceffary, why did not the Directors produce it 5 no body hindered them : but to... alledge from thence that the Proprietors knew nothing of their affairs, is an unjuil conclufion ; they actually did produce accounts, and read every article, and called on the Directors to contradict them, which fixes the account as much as if it had come from the Directors themfelves ; befides, it is to be remem- bered, that the Proprietors had em- ployed two preceding months in reading papers, and looking into their affairs : The refult was to vote the Directors C 2 pro- (. 12 ) proportions, and therefore 124 percent was no new idea either to the Directors or adminiilration ; and what is very re- markable, out of 13 proportions deli- vered in, not one perfon Hates the divi- dend which ought to be allow'd the Pro- prietors, at a lower rate than 124, and all, except one, Hates it at a higher rate ; jiay, Mr.
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To quickly assess the difficulty of the text, read a short excerpt:
I am fure the conftruction of language in that bye-law does not im- ply it, and the conftant practice has been againft it, nor was the general annual account ever fhewn before this period, though the dividend has been raifed and lowered fo often. In Mr. Barclay's time we find the Directors put a previous queftion on a motion to read papers ; but I mall anfwer this as the foregoing ob- jection, that fuppofing it was neceffary, why did not the Directors produce it 5 no body hindered them : but to... alledge from thence that the Proprietors knew nothing of their affairs, is an unjuil conclufion ; they actually did produce accounts, and read every article, and called on the Directors to contradict them, which fixes the account as much as if it had come from the Directors themfelves ; befides, it is to be remem- bered, that the Proprietors had em- ployed two preceding months in reading papers, and looking into their affairs : The refult was to vote the Directors C 2 pro- (. 12 ) proportions, and therefore 124 percent was no new idea either to the Directors or adminiilration ; and what is very re- markable, out of 13 proportions deli- vered in, not one perfon Hates the divi- dend which ought to be allow'd the Pro- prietors, at a lower rate than 124, and all, except one, Hates it at a higher rate ; jiay, Mr.
What to read after An Address to the Publick On the Subject of the East India Dividend?
You can find similar books in the "Read Also" column, or choose other free books by East India Company to read onlineMoreLess
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