Considerations Arising Out of the Late Proceedings in Parliament Relative to the
Considerations Arising Out of the Late Proceedings in Parliament Relative to the
Thomas Babington Macaulay Macaulay
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0-49d. "You take the average since 1814? — Since 1814; " the rate would be lower if we took an average for a " smaller period of years. " Then you are of opinion that the most disadvanta- " geous mode which the Company can adopt for provid- " ing funds for the purchase of teas is by sending British w manufactures ? — I think that must be admitted. " That being the case, can you explain why the Com- " pany have continued to adopt that mode, that being " so disadvantageous ? — The Committee must ...of course " be aware that the Company have always from policy u been desirous of exporting the produce and manufac- " tures of Great Britain to places to which they have an " exclusive privilege of trading, and I believe I may " say that the Company have felt themselves under " something of a moral obligation to do so. This policy " has at different times been not only sanctioned, but " enjoined in the charters granted to the Company and " in legislative enactments. At the period of the last " renewal of the charter, the trade with India being " then opened, of course the Company ceased to feel it " obligatory upon them then to send British manufac- " tures to India, although they determined not to cease " doing so until it should become absolutely necessary; " but as they had the exclusive privilege of trading to 70 Committee of the Commons.
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