The general feeling both of the Directors and of the proprietors of the East India Company was that he had great claims on them, that his services to them had been eminent, and that his misfortunes had been the effect of his zeal for their interest. His friends in Leadenhall Street proposed to reimburse him the costs of his trial, and to settle on him an annuity of five thousand pounds a year. But the consent of the Board of Control was necessary; and at the head of the Board of Control was Mr. Dundas, who had himself been a party to the impeachment, who had, on, that account, been reviled with great bitterness by the adherents of Hastings, and who, therefore, was not in a very complying mood. He refused to consent to what the Directors suggested. The Directors remonstrated. A long controversy followed. Hastings, in the meantime, was reduced to such distress that he could hardly pay his weekly bills. At length a compromise was made. An annuity for life of four thousand pounds was settled on Hastings; and in order to enable him to meet pressing demands, he was to receive ten years’ annuity in advance. The Company was also permitted to lend him fifty thousand pounds, to be repaid by instalments without interest. This relief, though given in the most absurd manner, was sufficient to enable the retired Governor to live in comfort, and even in luxury, if he had been a skilful manager. But he was careless and profuse, and was more than once under the necessity of applying to the Company for assistance, which was liberally given.
He had security and affluence, but not the power and dignity which, when he landed from India, he had reason to expect. He had then looked forward to a coronet, a red riband, a seat at the Council Board, an office at Whitehall. He was then only fifty-two, and might hope for many years of bodily and mental vigour. The case was widely different when he left the bar of the Lords. He was now too old a man to turn his mind to a new class of studies and duties. He had no chance of receiving any mark of royal favour while Mr. Pitt remained in power; and, when Mr. Pitt retired, Hastings was approaching his seventieth year.