Original papers relative to the rights and pretensions of the Nabob of Arcot, and the Rajah of Tanjore, and to the demands of British subjects on the Nabob of Arcot - Softcover
Synopsis
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1785 edition. Excerpt: ... Ditto Clause as altered by the Beard of CommiJJioners. WE next proceed to give you our sentiments respecting the private debts of the Nabob; and we cannot but acknowledge, that the origin and justice both of the loan of 1767, and the loan of 1777, commonly called the cavalry loan, appear to us clear and indisputable, agreeably to the true sense and spirit of the late Act of Parliament, In speaking of the loan of 1767, we are to be understood as speaking of the debt as constituted.by the original bonds of that year, bearing interest at per cent, and therefore, if any of the Na bob's creditors, under a pretence, that their debts made part of the consolidated debt of 1767, although secured by bonds of a subsequent date, carrying an interest exceeding ten per cent, shall claim the benefit of the following orders, we direct, that you pay no regard to such claims without our farther especial instructions for that purpose. With respect to the consolidated debt of 1777, it certainly stands upon a less favourable footing; so early as the 27th March 1769, it was ordered by the President and Council of Fort St. George, that for the preventing of all persons living under H the the Company's protection, from having any dealings with any of the country powers or their ministers, without the knowledge or consent of the board, an advertisement should be published, by fixing it up at the Sea Gate, and sending round a copy to the Company's servants and inhabitants, and to the disferent subordinates, and our garrisons, and giving it out in general orders, stating therein, that the President and Council did consider the irreversable order of the Court of Directors, of the year 1714, (whereby their people were expressly prohibited from having any dealings gith the...
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