[1] Right Honorable Henry Dundas.
[2] Sir Thomas Rumbold, late Governor of Madras.
[3] Appendix, No. 1.
[4] The whole of the net Irish hereditary revenue is, on a medium of the
last seven years, about 330,000_l._ yearly. The revenues of all
denominations fall short more than 150,000_l._ yearly of the charges. On
the _present_ produce, if Mr. Pitt's scheme was to take place, he might
gain from seven to ten thousand pounds a year.
[5] Mr. Smith's Examination before the Select Committee. Appendix, No.
2.
[6] Appendix, No. 2.
[7] Fourth Report, Mr. Dundas's Committee, p. 4.
[8] A witness examined before the Committee of Secrecy says that
eighteen per cent was the usual interest, but he had heard that more had
been given. The above is the account which Mr. B. received.
[9] Mr. Dundas.
[10] For the threats of the creditors, and total subversion of the
authority of the Company in favor of the Nabob's power and the increase
thereby of his evil dispositions, and the great derangement of all
public concerns, see Select Committee Fort St. George's letters, 21st
November, 1769, and January 31st, 1770; September 11, 1772; and Governor
Bourchier's letters to the Nabob of Arcot, 21st November, 1769, and
December 9th, 1769.
[11] "He [the Nabob] is in a great degree the cause of our present
inability, by diverting the revenues of the Carnatic through _private
channels_." "Even this peshcush [the Tanjore tribute], circumstanced as
he and we are, he has assigned over to others, _who now set themselves
in opposition to the Company_."--Consultations, October 11, 1769, on the
12th communicated to the Nabob.
[12] Nabob's letter to Governor Palk. Papers published by the Directors
in 1775; and papers printed by the same authority, 1781.
[13] See papers printed by order of a General Court in 1780, pp. 222 and
224; as also Nabob's letter to Governor Dupre, 19th July, 1771: "I have
taken up loans by which I have suffered a loss of _upwards of a crore of
pagodas_ [four millions sterling] _by interest on an heavy interest_."
Letter 15th January, 1772: "Notwithstanding I have taken much trouble,
and have made many payments to my creditors, yet the load of my debt,
_which became so great by interest and compound interest_, is not
cleared."
[14] The Nabob of Arcot.
[15] Appendix, No. 3.
[16] See Mr. Dundas's 1st, 2d, and 3d Reports.
[17] See further Consultations, 3d February, 1778.
[18] Mr. Dundas's 1st Repor
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