[67] The purpose of the misrepresentation being now completely answered, there is no doubt but the committee in this Parliament, appointed by the ministers themselves, will justify the grounds upon which the last Parliament proceeded, and will lay open to the world the dreadful state of the Company’s affairs, and the grossness of their own calumnies upon this head. By delay the new assembly is come into the disgraceful situation of allowing a dividend of eight per cent by act of Parliament, without the least matter before them to justify the granting of any dividend at all.
[68] This will be evident to those who consider the number and description of Directors and servants of the East India Company chosen into the present Parliament. The light in which the present ministers hold the labors of the House of Commons in searching into the disorders in the Indian administration, and all its endeavors for the reformation of the government there, without any distinction of times, or of the persons concerned, will appear from the following extract from a speech of the present Lord Chancellor. After making a high-flown panegyric on those whom the House of Commons had condemned by their resolutions, he said:—“Let us not be misled by reports from committees of another House, to which, I again repeat, I pay as much attention as I would do to the history of Robinson Crusoe, Let the conduct of the East India Company be fairly and fully inquired into. Let it be acquitted or condemned by evidence brought to the bar of the House. Without entering very deeply into the subject, let me reply in a few words to an observation which fell from a noble and learned lord, that the Company’s finances are distressed, and that they owe at this moment a million sterling to the nation. When such a charge is brought, will Parliament in its justice forget that the Company is restricted from employing that credit which its great and flourishing situation gives to it?”