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Burke, Edmund, 1729-1797

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


The difficulties at the outset will, however, be considerable. For the
long continuance of abuse has in some measure conformed the whole trade
of the country to its false principle. To make a sudden change,
therefore, might destroy the few advantages which attend any trade,
without securing those which must flow from one established upon sound
mercantile principles, whenever such a trade can be established. The
fact is, that the forcible direction which the trade of India has had
towards Europe, to the neglect, or rather to the total abandoning, of
the Asiatic, has of itself tended to carry even the internal business
from the native merchant. The revival of trade in the native hands is of
absolute necessity; but your Committee is of opinion that it will
rather be the effect of a regular progressive course of endeavors for
that purpose than of any one regulation, however wisely conceived.
After this examination into the condition of the trade and traders in
the principal articles provided for the investment to Europe, your
Committee proceeded to take into consideration those articles the
produce of which, after sale in Bengal, is to form a part of the fund
for the purchase of other articles of investment, or to make a part of
it in kind.


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