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Burke, Edmund, 1729-1797

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


[Sidenote: Bad effects of investment.]
When an account is taken of the intercourse (for it is not commerce)
which is carried on between Bengal and England, the pernicious effects
of the system of investment from revenue will appear in the strongest
point of view. In that view, the whole exported produce of the country,
so far as the Company is concerned, is not exchanged in the course of
barter, but is taken away without any return or payment whatsoever. In a
commercial light, therefore, England becomes annually bankrupt to Bengal
to the amount nearly of its whole dealing; or rather, the country has
suffered what is tantamount to an annual plunder of its manufactures and
its produce to the value of twelve hundred thousand pounds.
[Sidenote: Foreign companies.]
[Sidenote: Consequences of their trade.]
In time of peace, three foreign companies appear at first sight to bring
their contribution of trade to the supply of this continual drain. These
are the companies of France, Holland, and Denmark.


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