The Nabob had, long
before passing the act, by treaty with our Bengal government, agreed to
pay us seven lacs of pagodas, as part of the twelve lacs, in liquidation
of those arrears; of which seven lacs the arrangement you have been
pleased to lay down would take away from us more than the half, and give
it to private creditors, of whose demands there are only about a sixth
part which do not stand in a predicament that you declare would not
entitle them to any aid or protection from us in the recovery thereof,
were it not upon grounds of expediency, as will more particularly appear
by the annexed estimate. Until our debt shall be discharged, we can by
no means consent to give up any part of the seven lacs to the private
creditors; and we humbly apprehend that in this declaration we do not
exceed the limits of the authority and rights vested in us.
* * * * *
THE RIGHT HONORABLE THE COMMISSIONERS FOR THE AFFAIRS OF INDIA.
_The Representation of the Court of Directors of the East India
Company_.
My Lords and Gentlemen,--
The Court, having duly attended to your reasonings and decisions on the
subjects of Arnee and Hanamantagoody, beg leave to observe, with due
deference to your judgment, that the directions we had given in these
paragraphs which did not obtain your approbation still appear to us to
have been consistent with justice, and agreeable to the late act of
Parliament, which pointed out to us, as we apprehended, the treaty of
1762 as our guide.
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