rect, and, if necessary for the purpose, as far as in us lies,
will wholly destroy, every species of power and authority exercised by
British subjects to the oppression, wrong, and detriment of the people,
and to the impoverishment and desolation of the countries subject to it.
The propagators of the calumnies against that House of Parliament have
been indefatigable in exaggerating the supposed injury done to the East
India Company by the suspension of the authorities which they have in
every instance abused,--as if power had been wrested by wrong and
violence from just and prudent hands; but they have, with equal care,
concealed the weighty grounds and reasons on which that House had
adopted the most moderate of all possible expedients for rescuing the
natives of India from oppression, and for saving the interests of the
real and honest proprietors of their stock, as well as that great
national, commercial concern, from imminent ruin.
The ministers aforesaid have also caused it to be reported that the
House of Commons have confiscated the property of the East India
Company. It is the reverse of truth. The whole management was a trust
for the proprietors, under their own inspection, (and it was so provided
for in the bill,) and under the inspection of Parliament. That bill, so
far from confiscating the Company's property, was the only one which,
for several years past, did not, in some shape or other, affect their
property, or restrain them in the disposition of it.
It is proper that his Majesty and all his people should be informed that
the House of Commons have proceeded, with regard to the East India
Company, with a degree of care, circumspection, and deliberation, which
has not been equalled in the history of Parliamentary proceedings. For
sixteen years the state and condition of that body has never been wholly
out of their view. In the year 1767 the House took those objects into
consideration, in a committee of the whole House. The business was
pursued in the following year. In the year 1772 two committees were
appointed for the same purpose, which examined into their affairs with
much diligence, and made very ample reports. In the year 1773 the
proceedings were carried to an act of Parliament, which proved
ineffectual to its purpose. The oppressions and abuses in India have
since rather increased than diminished, on account of the greatness of
the temptations, and convenience of the opportunities, which got th
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