What is that authority? Why, no other than the standing authority for
all the claims which the ministry has thought fit to provide for,--the
grand debtor,--the Nabob of Arcot himself. Hear that prince, in the
letter written to the Court of Directors, at the precise period whilst
the main body of these debts were contracting. In his letter he states
himself to be, what undoubtedly he is, a most competent witness to this
point. After speaking of the war with Hyder Ali in 1768 and 1769, and of
other measures which he censures, (whether right or wrong it signifies
nothing,) and into which he says he had been led by the Company's
servants, he proceeds in this manner:--"If all these things were against
the real interests of the Company, they are ten thousand times more
against mine, and against the prosperity of my country and the happiness
of my people; for your interests and mine are the same. _What were they
owing to, then? To the private views of a few individuals, who have
enriched themselves at the expense of your influence and of my country:
for your servants HAVE NO TRADE IN THIS COUNTRY, neither do you pay them
high wages; yet in a few years they return to England with many lacs of
pagodas. How can you or I account for such immense fortunes acquired in
so short a time, without any visible means of getting them?_"
When he asked this question, which involves its answer, it is
extraordinary that curiosity did not prompt the Chancellor of the
Exchequer to that inquiry which might come in vain recommended to him by
his own act of Parliament.
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