"[32]
The House will observe, that in November he tells the Directors that he
shall charge only _two thirds_ in his official accounts; in the
following January he charges the _whole_.[33] For the other third,
although he admitted that to belong to the Company, we have seen that he
takes a bond to _himself_.
It is material that he tells the Company in his letter that these two
lacs of rupees were _raised on his credit_. His letter to the Council
says that they were advanced from his _private cash_. What he raises on
his credit may, on a fair construction, be considered as his own: but in
this, too, he fails; for it is certain he has never transferred these
bonds to any creditor; nor has he stated any sum he has paid, or for
which he stands indebted, on that account, to any specific person.
Indeed, it was out of his power; for the first two thirds of the money,
which he formerly stated as raised upon his credit, he now confesses to
have been from the beginning the Company's property, and therefore could
not have been raised on his private credit, or borrowed from any person
whatsoever.
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