general rules of distribution, as appearing to
us founded on justice, and the relative circumstances of the different
debts; and therefore we give our authority and protection to them only
on the supposition that they who ask our protection acquiesce in the
condition upon which it is given; and therefore we expressly order,
that, if any creditor of the Nabob, a servant of the Company, or being
under our protection, shall refuse to express his acquiescence in these
arrangements, he shall not only be excluded from receiving any share of
the fund under your distribution, but shall be prohibited from taking
any separate measures to recover his debt from the Nabob: it being one
great inducement to our adopting this arrangement, that the Nabob shall
be relieved from all further disquietude by the importunities of his
individual creditors, and be left at liberty to pursue those measures
for the prosperity of his country which the embarrassments of his
situation have hitherto deprived him of the means of exerting. And we
further direct, that, if any creditor shall be found refractory, or
disposed to disturb the arrangement we have suggested, he shall be
dismissed the service, and sent home to England.
The directions we have given only apply to the three classes of debts
which have come under our observation. It has been surmised that the
Nabob has of late contracted further debts: if any of these are due to
British subjects, we forbid any countenance or protection whatever to be
given to them, until the debt is fully investigated, the nature of it
reported home, and our special instructions upon it received.
We cannot conclude this subject without adverting in the strongest terms
to the prohibitions which have from time to time issued under the
authority of different Courts of Directors against any of our servants,
or of those under our protection, having any money transactions with any
of the country powers, without the knowledge and previous consent of our
respective governments abroad. We are happy to find that the Nabob,
sensible of the great embarrassments, both to his own and the Company's
affairs, which the enormous amount of their private claims have
occasioned, is willing to engage not to incur any new debts with
individuals, and we think little difficulty will be found in persuading
his Highness into a positive stipulation for that purpose. And though
the legislature has thus humanely interfered in behalf of such
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