Considerations On Colonial Policy With Relation to the Renewal of the East India

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Considerations On Colonial Policy With Relation to the Renewal of the East India
East India Company
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Posses- sions of this nature are exactly of the same sort with those which in Europe arise out of the bounty of crowned heads to indivi- duals; whether bestowed as rewards for ser- vices rendered, or encouragement to merit, or simply as marks of royal favour and princely liberality. If property of this nature is to be wrested out of the hands of the Company, for whom is it destined ? Is it to be given to strangers? Is it to be restored to the representatives of the original granters ? Or, lastl...y, is it to be confiscated for the use of the State ? If the State is to seize it, then it will become us to advert to the principle on which this is to be perpe- trated. Will the necessities of the State afford a sufficient apology for a strong measure like this ? Then will many great landholders in the United Kingdom be placed in a perilous situation ; for the prin- ciple is equally as applicable to multitudes of them at home, as to the Company, in its remote possessions. The old maxim, nul- lum tempus occurrit regi, may be expected to revive : what is now deemed indefeasible property, may turn out to be held on the frail tenure of caprice; the forest of In- glewood, and many old English parks, forests, and chases, bestowed by our an- cient monarchs as the rewards of valour, the honourable requitals of political wis- dom, or the tokens of affection, may be resumed at the pleasure of Administra- tion.

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