he mentioned
it, and complained loudly of the demand.--Being asked, Whether he thinks
those complaints were well founded? he says, He thinks the Rajah of
Tanjore was not only not in a state of ability to pay the deposit-money,
but that the annual payment of four lacs of pagodas was more than his
revenues could afford.--Being asked, Whether he was not frequently
obliged to borrow money, in order to pay the instalments of the annual
payments, and such parts as he paid of the deposit? he said, Yes, he
was.--Being asked, Where he borrowed the money? he said, He believes
principally from soucars or native bankers, and some at Madras, as he
told him.--Being asked, Whether he told him that his credit was very
good, and that he borrowed upon moderate interest? he said, That he told
him he found great difficulties in raising money, and was obliged to
borrow at a most exorbitant interest, even some of it at forty-eight per
cent, and he believes not a great deal under it. _He desired him (the
witness) to speak to one of the soucars or bankers at Tanjore to
accommodate him with a loan of money: that man showed him an account
between him and the Rajah, from which it appeared that he charged
forty-eight per cent, besides compound interest_.--Being asked, Whether
the sums duo were large? he said, Yes, they were considerable; though he
does not recollect the amount.--Being asked, Whether the banker lent the
money? he said, He would not, unless the witness could procure him
payment of his old arrears.
Being asked, What notice did the government of Madras take of the king
of Tanjore's representations of the state of his affairs, and his
inability to pay? he said, He does not recollect, that, in their
correspondence with him, there was any reasoning upon the subject; and
in his correspondence with Sir Thomas Rumbold, upon the amount of the
jaghire, he seemed very desirous of adapting the demand of government to
the Rajah's circumstances; but, whilst he stayed at Tanjore, the Rajah
was not exonerated from any part of his burdens.--Being asked, Whether
they ever desired the Rajah to make up a statement of his accounts,
disbursements, debts, and payments to the Company, in order to ascertain
whether the country was able to pay the increasing demands upon it? he
said, Through him he is certain they never did.--Being then asked, If he
ever heard whether they did through any one else? he said, He never did.
Being asked, Whether the Rajah is
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