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Burke, Edmund, 1729-1797

"The Works of the Right Honourable Edmund Burke, Vol. 08 (of 12)"


[Sidenote: Increase of expenses.]
The fame of a great territorial revenue, exaggerated, as is usual in
such cases, beyond even its value, and the abundant fortunes of the
Company's officers, military and civil, which flowed into Europe with a
full tide, raised in the proprietors of East India stock a premature
desire of partaking with their servants in the fruits of that splendid
adventure. Government also thought they could not be too early in their
claims for a share of what they considered themselves as entitled to in
every foreign acquisition made by the power of this kingdom, through
whatever hands or by whatever means it was made. These two parties,
after some struggle, came to an agreement to divide between them the
profits which their speculation proposed to realize in England from the
territorial revenue in Bengal. About two hundred thousand pounds was
added to the annual dividends of the proprietors. Four hundred thousand
was given to the state, which, added to the old dividend, brought a
constant charge upon the mixed interest of Indian trade and revenue of
eight hundred thousand pounds a year.


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