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Burke, Edmund, 1729-1797

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


These bonds make but a part of the account of private receipts of money
by Mr. Hastings, formerly paid into the Treasury as his own property,
and now allowed not to be so. This account brings into view other very
remarkable matters of a similar nature and description.[37]
In the public records, a sum of not less than 23,871_l._ is set to his
credit as a _deposit_ for his private account, paid in by him into the
Treasury in gold, and coined at the Company's mint.[38] This appears in
the account furnished to the Directors, under the date of May, 1782, not
to be lawfully his money, and he therefore transfers it to the Company's
credit: it still remains as a deposit.[39]
That the House may be apprised of the nature of this article of
deposit, it may not be improper to state that the Company receive into
their treasury the cash of private persons, placed there as in a bank.
On this no interest is paid, and the party depositing has a right to
receive it upon demand. Under this head of account no public money is
ever entered.


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