A. D. 1783. 



ceived by the officers of the revenue in payment of any branch of du- 

 ties owing by the company, and nor, as heretofore, be reflridted to the 

 payment of duties on the particular fpecies of goods, for which the 

 drawback had been allowed ; a rule, which had hitherto compelled the 

 company to keep large fums lying dead in tllofe debentures. [23 Geo. 

 ///, r.83.] 



While this ad was under the confideration of parliament, many fe- 

 vere reflections were thrown out upon the conduct of the company and 

 their fervants in India by fome of the members ; and it was alfo alleged, 

 that it would be very improper to allow them to pay fo large a dividend 

 as eight per cent, while they acknowleged themfelves to be in fuch a 

 condition as to need the indulgences now required from the public. 

 But the company, and alfo their fervants in India, were ably defended 

 by other members, who aflerted, that their embarraffments were mere- 

 ly temporary ; that their funds were abundantly ample ; that their di- 

 vidends had been on an average only £^ : 4 : o in time of peace, and 

 £'] : 1 5 : o in time of war ; that their lofTes by the war had been very 

 great ; and that the public had drawn much greater emoluments than 

 the company from their commerce, and were therefor more deeply in- 

 terefted in their fuccefs than the proprietors of Eaft-India ftock. In 

 fupport of thefe affertions, and for ihowing the amount of net profits 

 realized from the territorial revenues, many accounts were laid before 

 the houfe, from fome of which the following are extracted. 



yin Accou7it of the balances in favour of the Eqft -India company in England 

 refulting from the whole of their trade and territorial revenues in India from 

 the V- day of March 1774 to the \" day of March 1781, difiinguifJjing each 

 year, and an abJiraB of fuch balances with the difpofition of the fame. 



From i" March 1774 to i" March 1775 



Received 

 for the company's goods sold ^3,395,929 17 



for customs on private trade 

 for charges and profit on ditto 

 for sahpetre sold to the board of 



ordinance 

 for one year's interest of 



s^4,20O,00O received 



from government 



43,003 



24,877 



9,000 



126,000 



a^3,598,811 8 n 



By customs 



By freight and demurrage 

 By goods and stores exported 

 By bills of exchange on England 



and bullion exported 

 By charges of merchandize 

 By indemnity on tea to buyers 

 By one year's interest on bonds 

 By ditto on annuities 

 Balance in favour of England 



,^3,598,811 8 11 



In like manner proceed the accounts of the fix following years. But 

 this may fuffice as a Ipecimen ; and I fhall therefor proceed to the gen- 

 eral abftrad of the balances and the difpofal of them. 



