Observations On Lord Castlereaghs Speech of the 19th of July 1804 And On the S

Cover Observations On Lord Castlereaghs Speech of the 19th of July 1804 And On the S
Observations On Lord Castlereaghs Speech of the 19th of July 1804 And On the S
Philip Francis
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Has been defrayed by them, and charged against Government ; who in- directly at least have acknowledged the debt, by paying the Company a million on ac- count, by allowing them to take credit for the remainder in their stock account, and to charge interest thereon at four per cent, per annum. There is another way of stating the main and essential question on this subject, which appears to us plain and intelligible in its terms, and open to a distinct answer. Lord Castlereagh says, 4t The House ...will consider it a most conclusive and satisfactory proof of the territorial resources of our Indian empire to observe, that the produce of the revenue was sufficient to cover the expendi- ture connected with its maintenance and de- fence during a period of ten years, realizing at the same time a surplus of 1, 981, 0007. &c, ; and that the productive powers of the territories have supplied a surplus under all the pressure of the war. " In another place he says, " The nett available resource from 4 4* the territories, in ten years war, after liqui- dating an old incumbrance on the Carnafic, 'videlicet i, 8oo, ooo/.

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