Ebook wait

In their General Letter of the 17th May, 1766, the Court of Directors
say, "We positively order, that no covenanted servant, or Englishman
residing under our protection, shall be suffered to hold any land for
his own account, directly or indirectly, in his own name or that of
others, or to be concerned in any farms or revenues whatsoever."
Secondly, if, instead of letting the Company's lands or farms to
indifferent persons, their agent or trustee be at liberty to hold them
himself, he will always (on principles stated and adhered to in the
defence) have a sufficient reason for farming them on his own account,
since he can at all times make them as profitable as he pleases; or if
he leases them to a third person, yet reserves an intermediate profit
for himself, that profit may be as great as he thinks fit, and must be
necessarily made at the Company's expense. If at the same time he be
collector of the revenues, it will be his interest to recommend
remissions in favor of the nominal farmer, and he will have it in his
power to sink the amount of his collections.


Pages:
220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244