y necessary for the support of themselves and the
civil government of their respective countries, to any other purposes
than that of defraying the expenses of such military operations as the
Company may find it necessary to carry on for the common safety of their
interests on the coast of Coromandel.
And to obviate any difficulties or misunderstanding which might arise
from leaving indeterminate the sum necessary to be appropriated for the
civil establishment of each of the respective powers, that the sum be
now ascertained which is indispensably necessary to be applied to those
purposes, and which is to be held sacred under every emergency, and set
apart previous to the application of the rest of the revenues, as hereby
stipulated, for the purposes of mutual or common defence against any
enemy, for _clearing_ the incumbrance which may have become necessarily
incurred in addition to the expenditure of those revenues _which must be
always deemed part of the war establishment_. This we think absolutely
necessary; as nothing can tend so much to the preservation of peace, and
to prevent the renewal of hostilities, as the early putting the finances
of the several powers upon a clear footing, and the showing to all other
powers that the Company, the Nabob, and the Rajah are firmly united in
one common cause, and combined in one system of permanent and vigorous
defence, for the preservation of their respective territories and the
general tranquillity.
That the whole aggregate revenue of the contracting parties shall,
during the war, be under the application of the Company, and shall
continue as long after the war _as shall be necessary, to discharge the
burdens contracted by it_; but it must be declared that this provision
shall in no respect extend to deprive either the Nabob or the Rajah of
the substantial authority necessary to the collection of the revenues of
their respective countries. But it is meant that they shall faithfully
perform the conditions of this arrangement; and if a division of any
part of the revenues to any other than the stipulated purposes shall
take place, the Company shall be entitled to take upon themselves the
collection of the revenue.
The Company are to engage, during the time they shall administer the
revenues, to produce to the other contracting parties regular accounts
of the application thereof to the purposes stipulated by the treaty, and
faithfully apply them in support of the war.
A
|