Remarks On the Propositions Submitted By His Majestys Ministers to Parliament
Remarks On the Propositions Submitted By His Majestys Ministers to Parliament
Frances Power Cobbe
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The allotment of one million for investment is lost sight of, fov reasons that cannot be mistaken. T 'HE FIFTH PROPOSITION. This has so nearly the same bearing as the act of 1793, that it is not of consequence to discuss the subject of appropriation, the third direc- tion therein applying to the present dividend, even after the separate fund for the half per cent, shall have been exhausted; the interestof the pro- prietors has, in this, therefore, been attended to. THE SIXTH PROPOSITION. This c...ontains such an appropriation as is truly fanciful ; it begins with a when, and ends with a proviso, as problematical and visionary as pos- sible. Whom this was to captivate, it is not easy to discover; for of all the fallacies that have been held out, year after year, by the India budget, exhibiting an inconsistency on these matters be- yond belief, this proposition teems with some of the most improbable events. The commercial gains and capital of the Com- pany have been dedicated to the maintenance of the empire, whose revenue scarcely pays its or- dinary expenditure, and in the event of a future war, there must be a deficiency : contrast these facts with the suggested appropriations.
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