But while we have adopted this resolution, we
repose entire confidence in his Highness, that, actuated by the same
motives of liberality, and feelings of old friendship and alliance, he
will cheerfully and instantly accede to such arrangements as are
necessary to be adopted for our common safety, and for preserving the
respect, rights, and interests we enjoy in the Carnatic. The following
are the heads and principles of such an arrangement as we are decisively
of opinion must be adopted for these purposes, viz.
That, for making a provision for discharging the Nabob's just debts to
the Company and individuals, (for the payment of which his Highness has
so frequently expressed the greatest solicitude,) _the Nabob shall give
soucar security for the punctual payment, by instalments_, into the
Company's treasury, of twelve lacs of pagodas per annum, (as voluntarily
proposed by his Highness,) until those debts, with interest, shall be
discharged; and shall also consent that the equitable provision lately
made by the British legislature for the liquidation of those debts, _and
such resolutions and determinations as we shall hereafter make_, under
the authority of that provision for the liquidation and adjustment of
the said debts, _bona fide_ incurred, shall be carried into full force
and effect.
Should any difficulty arise between his Highness and our government of
Fort St.
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