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the introduction of foreign capital into India; 

 but to take every legitimate precaution to prevent 

 native capital, that might be retained in the country, 

 from being taken out of it. 



I have mentioned above, that it is of the essence 

 of colonisation that emigrants take root in the 

 new soil. Now there are serious and insurmoun- 

 table obstacles against colonising India; yet some- 

 thing may be done, and the first and most essential 

 step in that direction, is the granting permission 

 to Europeans to acquire landed or real property. 

 The persons to whom we would most naturally 

 look to settle in India, and from whose settlement, 

 India would undoubtedly derive the greatest benefit, 

 are those who, by long residence, have acquired 

 a knowledge of the country, and an acquaintance 

 with the religions, laws, habits, and languages of 

 the people gentlemen of high standing, integrity, 

 and principle, who would treat the people well, and 

 to whom the people were accustomed to look 

 up. Such certainly are the Military and Civil 

 servants of Government; and these servants, and 

 this country, are under the greatest obligations 

 to our late deeply lamented Viceroy, for the consist- 

 ency and zeal with which he advocated the policy of 

 allowing the former to acquire property in the soil. 

 In regard to Military Officers, there seemed neither 

 reason nor justice in maintaining a restriction of 

 the kind, for after the transfer of India to the 



