JB/169/144/002

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decree secure the Monopoly they wished for, and only occasioned Foreigners
amply supplying these Articles every where instead of us.

The Comapany by prohibiting all Trade in warlike stores,
and not supplying the Indian princes with them themselves. made
those Sovereigns look to Foreign Nations as their natural friends,
who supplyed them of course with every Warlike Store so received
in consequence a higher price for their other goods in consideration
of their Insuring them a good supply of what they most wanted

The most speedy and effectual way to correct the past, and to
make the Nation and Company benefit to the utmost extent by our
India Trade, would in my opinion be as follows

First to give up the Export Trade entirely to the Merchants
in general, or to any set of Merchants who would give unquestionable
security for increasing the annual Exports; and as an encouragment
in the Company to carry their Goods at a low Freight to India
in the Company's Ships, & to take off the duties now levied on importation
of Europ Goods into India.

Secondly to give up the Tonnage of the Company's Ships
from India to China, to the Merchants in India carrying their
Goods Freight free & at the Company's risk, provided that the
Company had the refusal of the proceeds of these Goods in China

Thirdly, to open a certain Annual Remittance from China
to Europe on liberal Terms. These 3 Revolutions being followed
for 5 Years would insure the following good Effects.

It would annihilate all the foreign Export Trade except
that of the Dutch, and theirs also in a great degree.

It would rapidly increase the British Exports and give a
thorough knowledge of the Extent which the Exports would in future
bear being increased.

It would throw for certain an annual increasing value
of Goods into India of from £500,000 to £1,000,000 in place of
the £350,000 now sent, the greatest part of the produce of which
must as certainly find its way to China as it did to India. It would
give the Company a Freight increasing annually in the like
proportion to the Increase of the Exports

I am aware that objections may with some occur to the
Exports being given up to the Nation in general, and unless
trial was made, it might be difficult to prove those objections

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Identifier: | JB/169/144/002 "JB/" can not be assigned to a declared number type with value 169.
Date_1		Marginal Summary Numbering
Box	169	Main Headings
Folio number	144	Info in main headings field
Image	002	Titles	extract
Category	collectanea	Number of Pages	2
Recto/Verso	recto	Page Numbering
Penner	lady bentham	Watermarks	[[watermarks::gr [crown motif]]]
Marginals		Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number	56964
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