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Burke, Edmund, 1729-1797

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

All Parliamentary
attempts to reform this system will be contradictory to its institution.
If, for instance, five hundred thousand pounds sterling annually be
necessary for this kind of investment, any regulation which may prevent
the acquisition of that sum operates against the investment which is the
end proposed by the plan.
On this new scheme, (which is neither calculated for a future security
nor for a present relief to the Company,) it is not visible in what
manner the settlements in India can be at all upheld. The gentlemen in
employments abroad call for the whole produce of the year's investment
from Bengal; but for the payment of the counter-investment from Europe,
which is for the far greater part sent out for the support of their
power, no provision at all is made: they have not, it seems, agreed that
it should be charged to their account, or that any deduction should be
made for it from the produce of their sales in Leadenhall Street. How
far such a scheme is preferable to the total suspension of trade your
Committee cannot positively determine.


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