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1828, April 14.
Collectanea. E. Indian Company's Monopoly
Morning Herald April 17. 1828.
(From a correspondent.)
Considerations on the propriety of the Honourable
East India Company's Retaining the Mercantile privileges
which it enjoys in India under Regulation
31 of 1793, a Law passed by it's own Government of
Bengal.
Long before the year 1814, the mercantile
relations of the East India Company in India had
ceased to be of importance when compared with
the more weighty cases of the Government of the
vast Empire which it had acquired in the East.
It was clearly the object of the Act of Parliament
(53d. G.III. capul 55), passed in that year, by which it's
Charter was modified and renewed, that a distinction
should be carefully preserved between the several
capacities of the East India Company, as the
ostensible Sovereigns of India, and as a Trading Corporation.
Any act by the East India Company, or its
Governments in India, tending to render it's legal
authority subservient to it's mercantile interests,
would unquestionably be an abuse of the confidence
of the British Parliament. The grasping
spirit of monopoly by which the Government
the East India Company was once characterized,
has long since given place to a more liberal policy.
The commission, then, of any act of the nature
premised, can not now be apprehended;
but it may really occur by omission.
It is the object of this paper to show, that
so long as the 31st regulation, (by the Bengal Government)
of 1793 remains inrepealed, the Government
of the East India Company avails itself of it's
Regal
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Collectanea E. India Company's Monopoly |
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Morning Herald April 17 1828 |
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