The Present State of the British Interest in India

The Present State of the British Interest in India - With a Plan for Establishing a Regular System of Government in That Country

No nation nor state ever acquired an accession of dominion so truly valuable and beneficial, as are the acquisitions lately made by Britain in India. But the particular situation of her circumstances at the time when these acquisitions fell into her hands, enhanced the real and intrinsic value of them to Britain. Oppressed by a grievous debt, the annual interest of which, exceeding four millions and a half sterling, was levied by taxes, which raised the price of each manufacture, her commerce labouring under such disadvantages was daily sinking into decay; whilst a considerable part of this annual interest being paid to foreigners, created such a drain of specie, as the balance of her trade could not supply; so that, in proportion as her expence increased, the means of defraying it diminished; and she was every 6year approaching towards a state of national poverty and bankruptcy. In such circumstances did Britain acquire the sovereign dominion of Bengal, and of other rich manufacturing and trading countries in India; which, at the time they fell to her, were capable of not only defraying every charge of their own government and defence, but over and above that, of yielding annually to the sovereign a sum equal to 1,300,000 l. sterling, as can be readily demonstrated. Nor do we include in this sum the benefit which Britain had been accustomed to receive, in her commercial capacity, by her trade with those countries: the sum here specified would have arisen purely in consequence of dominion: and, whether transmitted from those countries in merchandize or in money, would at last have arrived at the public treasury in specie: and would thus have served to alleviate the burden of those taxes, that are pressing every branch of her domestic commerce to ruin. And, if Britain had bestowed the smallest attention on the political government of those countries, she might have continued to draw from them the 7abovementioned tribute sum in perpetuum, without any danger of draining or impoverishing them: nay it is certain, that under a just, equitable and well ordered government, their commerce and agriculture might have been extended to a degree, that would have enabled them to afford a still larger annual tribute to the sovereign. The possession of this Indian dominion is likewise so particularly secured from domestic and foreign danger, by the extraordinary submissive disposition of the natives, the singularly defensible situation of the country, and the naval superiority of Britain, that, by a very trifling expence of men, and no pecuniary charge, she might have maintained it against all enemies. So that Britain might have derived from this dependent dominion resources sufficient to relieve her from all her difficulties and distresses. ......Buy Now (To Read More)

Product details

Ebook Number: 57987
Author: Anonymous
Release Date: Sep 28, 2018
Format: eBook
Language: English