The Works of the Right Honourable Edmund Burke, Vol. 08 (of 12) eBook

This eBook from the Gutenberg Project consists of approximately 475 pages of information about The Works of the Right Honourable Edmund Burke, Vol. 08 (of 12).

The Works of the Right Honourable Edmund Burke, Vol. 08 (of 12) eBook

This eBook from the Gutenberg Project consists of approximately 475 pages of information about The Works of the Right Honourable Edmund Burke, Vol. 08 (of 12).
junior servants were rigorously confined to salaries, on which they were unable to subsist according to their rank.  They were strictly ordered to abstain from all dealing in objects of internal commerce.  Those of export and import were left open to young men without mercantile experience, and wholly unprovided with mercantile capitals, but abundantly furnished with large trusts of the public money, and with all the powers of an absolute government.  In this situation, a religious abstinence from all illicit game was prescribed to men at nine thousand miles’ distance from the seat of the supreme authority.

Your Committee is far from meaning to justify, or even to excuse, the oppressions and cruelties used by many in supplying the deficiencies of their regular allowances by all manner of extortion; but many smaller irregularities may admit some alleviation from thence.  Nor does your Committee mean to express any desire of reverting to the mode (contrived in India, but condemned by the Directors) of rewarding the servants of an higher class by a regulated monopoly.  Their object is to point out the deficiencies in the system, by which restrictions were laid that could have little or no effect whilst want and power were suffered to be united.

But the proceedings of the Directors at that time, though not altogether judicious, were in many respects honorable to them, and favorable, in the intention at least, to the country they governed.  For, finding their trading capital employed against themselves and against the natives, and struggling in vain against abuses which were inseparably connected with the system of their own preference in trade, in the year 1773 they came to the manly resolution of setting an example to their servants, and gave up all use of power and influence in the two grand articles of their investment, silk and piece-goods.  They directed that the articles should be bought at an equal and public market from the native merchants; and this order they directed to be published in all the principal marts of Bengal.

Your Committee are clearly of opinion that no better method of purchase could be adopted.  But it soon appeared that in deep-rooted and inveterate abuses the wisest principles of reform may be made to operate so destructively as wholly to discredit the design, and to dishearten all persons from the prosecution of it.  The Presidency, who seemed to yield with the utmost reluctance to the execution of these orders, soon made the Directors feel their evil influence upon their own investment; for they found the silk and cotton cloths rose twenty-five per cent above their former price, and a further rise of forty per cent was announced to them.

SILK.

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The Works of the Right Honourable Edmund Burke, Vol. 08 (of 12) from Project Gutenberg. Public domain.