pounds
annually, of the export from Great Britain ought to be deducted from
this million.
[5] Estimate of the Sale Amount and Net Proceeds in England of the
Cargoes to be sent from Bengal, agreeable to the Plan received by Letter
dated the 8th April, 1782.
This calculation supposes the eighty lac investments will be equal to
the tonnage of five ships.
[B] 2. To custom L320,000 |[A] 1. By sale amount of
[C] 3. " freight 200,000 | piece-goods and
[D] 4. " 5 per cent duty on | raw silk L1,300,000
L1,300,000 65,000 | Discount 61/2 per
[E] 5. " 2 do. warehouse | cent allowed the
room do. 26,000 | buyers 84,500
7 do. commission |
on L604,500 42,315 |
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L653,315 |
[F] 6. " Balance 562,185 |
---------- | ----------
L1,215,500 | L1,215,500
[A] 1. The sale amount is computed on an average of the sales of the two
last years' imports.
[B] 2. The custom is computed on an average of what was paid on
piece-goods and raw silk of said imports, adding additional imposts.
[C] 3. The ships going out of this season, (1782,) by which the above
investment is expected to be sent home, are taken up at 47_l._ 5_s._ per
ton, for the homeward cargo; this charge amounts to 35,815_l._ each
ship; the additional wages to the men, which the Company pay, and a very
small charge for demurrage, will increase the freight, &c., to
40,000_l._ per ship, agreeable to above estimate.
[D] 4. The duty of five per cent is charged by the Company on the gross
sale amount of all private trade licensed to be brought from India: the
amount of this duty is the only benefit the Company are likely to
receive from the subscription investment.
[E] 5. This charge is likewise made on private trade goods, and is
little, if anything, more than the real expense the Company are at on
account of the same; therefore no benefit will probably arise to the
Company from it on the sale of the said investment.
[F] 6. This is the sum which will probably be realized in England, and
is only equal to 1_s._ 6_d._ per rupee, on the eighty lacs subscribed.
[6] Vide Mr. Francis's plan in Appendix, No. 14, to the Se
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