The Real Situation of the East India Company Considered With Respect to Their R

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The Real Situation of the East India Company Considered With Respect to Their R
George Tierney
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;voi;rable sxiuw'-. Ow.
L6. ]r APPENDIX No. I. 3 68. It was not imtil the year 1776, that the Court of Directors were informed, that the Nabob had contracted a new debt, exclufive of the cavalry loan, to a much greater amount than the former. It is Hated in 1777, at which time it was confoli- dated at thirty-five lacks of pagodas, bearing an intereft of 1 2 per cent.
66. Although we have repeatedly written to the Nabobs and to our Jervants^ rejpe^ing the debt^ yet we have never been able to tra
...ce the origin thereof y cr to obtain any Jatisfalory information upon the JubjeSl.
70. It is true, the Nabob has afTured us in his letter of the 12th of Auguft, 1783, " That " the claims of his diftrefTed creditors are the '' claims of juftice, and whofe demands he is " bound by honour and every moral obligation, *' to difcharge ; that it is not, therefore, without *' great concern, he has heard infinuations tend- *^ ing to queftion the legality of their right to the " payment of thofe jull debts, which proceeded " from advances miade openly and honourably for '^ the fupport of his own and the public affairs.


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