East India Question Substance of a Report Submitted to the Court of Proprietor
East India Question Substance of a Report Submitted to the Court of Proprietor
East India Company
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, in truth, the continuation of these privileges has been contended for by the Company, and con- ceded by the Legislature, chiefly on the ground of their -being necessary to the government of India. The same cause was understood to require the continuance of the China monopoly. Com- mercial monopoly, therefore, is, in a word, an instrument in the hands of the Company for the government of their eastern territories ; and such ijt has been admitted to be by the Ministers them- selves, in the disc...ussions relative to the Charter : a truth of vast importance to the cause, but which has been unaccountably kept out of sight by the generality of the petitions. It should also never be forgotten, that the present question is not like that agitated in the 14 time of King William, to decide the fate of a rigorous monopoly. Since the year 179 3 > a vast change has taken place in the whole Indian system ; a change which has given it the cha- racter ascribed to it by Lord Melville, of a regu- Tated and qualified monopoly.
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