Heads of Papers Printed April 1801 Respecting Trade to And From India

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Heads of Papers Printed April 1801 Respecting Trade to And From India
East India Company
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Season for exportation opening under pecu- liar circumstances.
Has stated the intended distribution in India of the tonnage provided by Court for investment, so inadequate that great part of their gruff goods, and all the 3OOO tons pri- vate (except a small proportion of light goods for assorting cargoes) must go by Indian ship- ping ; now no longer a question of expedi- ency or policy, but of absolute necessity j to convey the Company's heavy articles, and fulfil their legal obligations : has
...only left to chuse the mode : in doing this, had to con- sider how much more than 3000 tons might be wanted by merchants, and how to regu- late its exportation : considerations enhanced by state of foreign trade in Calcutta.
Compares ( 29 ) Compares the plans of May and October, 54 1798 : former meant by the Court to encou- rage private trade, protect merchants, not proprietors of ships, from extravagant freight, and that those who were both should not trade on superior footing : both descriptions extremely dissatisfied, and had rather be left to settle freight between themselves, than by Company's intervention.


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