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Burke, Edmund, 1729-1797

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


Your Committee find that there has also been from Madras an investment
on the Company's account, taking one year with another, very nearly on
the same principles and with the same effects as that from Bengal; and
they think it is highly probable, that, besides the large sums remitted
directly from Madras to China, there has likewise been a great deal on a
private account, for that and other countries, invested in the cash of
foreign European powers trading on the coast of Coromandel. But your
Committee have not extended their inquiries relative to the commerce of
the countries dependent on Madras so far as they have done with regard
to Bengal. They have reason to apprehend that the condition is rather
worse; but if the House requires a more minute examination of this
important subject, your Committee is willing to enter into it without
delay.

III.--EFFECT OF THE REVENUE INVESTMENT ON THE COMPANY.
Hitherto your Committee has considered this system of revenue
investment, substituted in the place of a commercial link between India
and Europe, so far as it affects India only: they are now to consider it
as it affects the Company.


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