[Sidenote: Foreign companies' investments.]
Your Committee have not been able to discover the entire value of the
investment made by foreign companies. But, as the investment which the
English East India Company derived from its revenues, and even from its
public credit, is for the year 1783 to be wholly stopped, it has been
proposed to private persons to make a subscription for an investment on
their own account. This investment is to be equal to the sum of
800,000_l._ Another loan has been also made for an investment on the
Company's account to China of 200,000_l._ This makes a million; and
there is no question that much more could be readily had for bills upon
Europe. Now, as there is no doubt that the whole of the money remitted
is the property of British subjects, (none else having any interest in
remitting to Europe,) it is not unfair to suppose that a very great
part, if not the whole, of what may find its way into this new channel
is not newly created, but only diverted from those channels in which it
formerly ran, that is, the cash of the foreign trading companies.
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