Being asked, Whether he has reason to believe the sixty lacs of pagodas
was all principal money really and truly advanced to the Nabob of
Arcot, or a fictitious capital, made up of obligations given by him,
where no money or goods were received, or which was increased by the
uniting into it a greater interest than the twelve per cent expressed to
be due on the capital? he said, He has no reason to believe that the sum
of sixty lacs of pagodas was lent in money or goods to the Nabob,
because that sum he thinks is of more value than all the money, goods,
and chattels in the settlement; but he does not know in what mode or
manner this debt of the Nabob's was incurred or accumulated.--Being
asked, Whether it was not a general and well-grounded opinion at Madras,
that a great part of this sum was accumulated by obligations, and was
for services performed or to be performed for the Nabob? he said, He has
heard that a part of this debt was given for the purposes mentioned in
the above question, but he does not know that it was so.--Being asked,
Whether it was the general opinion of the settlement? he said, He cannot
say that it was the general opinion, but it was the opinion of a
considerable part of the settlement.--Being asked, Whether it was the
declared opinion of those that were concerned in the debt, or those that
were not? he said, It was the opinion of both parties, at least such of
them as he conversed with.
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