ter the very agents and partakers with
Benfield in his iniquities was the inducement to the two right honorable
gentlemen to order this very soucar security to be given, and to recall
Benfield to the city of Madras from the sort of decent exile into which
he had been relegated by Lord Macartney. You must therefore consider
Benfield as soucar security for 480,000_l._ a year, which, at
twenty-four per cent, (supposing him contented with that profit,) will,
with the interest of his old debt, produce an annual income of
149,520_l._ a year.
Here is a specimen of the new and pure aristocracy created by the right
honorable gentleman,[61] as the support of the crown and Constitution
against the old, corrupt, refractory, natural interests of this kingdom;
and this is the grand counterpoise against all odious coalitions of
these interests. A single Benfield outweighs them all: a criminal, who
long since ought to have fattened the region kites with his offal, is by
his Majesty's ministers enthroned in the government of a great kingdom,
and enfeoffed with an estate which in the comparison effaces the
splendor of all the nobility of Europe. To bring a little more
distinctly into view the true secret of this dark transaction, I beg you
particularly to advert to the circumstances which I am going to place
before you.
The general corps of creditors, as well as Mr. Benfield himself, not
looking well into futurity, nor presaging the minister of this day,
thought it not expedient for their common interest that such a name as
his should stand at the head of their list. It was therefore agreed
amongst them that Mr. Benfield should disappear, by making over his debt
to Messrs. Taylor, Majendie, and Call, and should in return be secured
by their bond.
The debt thus exonerated of so great a weight of its odium, and
otherwise reduced from its alarming bulk, the agents thought they might
venture to print a list of the creditors. This was done for the first
time in the year 1783, during the Duke of Portland's administration. In
this list the name of Benfield was not to be seen. To this strong
negative testimony was added the further testimony of the Nabob of
Arcot. That prince[62] (or rather Mr. Benfield for him) writes to the
Court of Directors a letter[63] full of complaints and accusations
against Lord Macartney, conveyed in such terms as were natural for one
of Mr. Benfield's habits and education to employ. Amongst the rest he is
made
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