History of England, from the Accession of James the Second, the — Volume 4 eBook

This eBook from the Gutenberg Project consists of approximately 965 pages of information about History of England, from the Accession of James the Second, the — Volume 4.

History of England, from the Accession of James the Second, the — Volume 4 eBook

This eBook from the Gutenberg Project consists of approximately 965 pages of information about History of England, from the Accession of James the Second, the — Volume 4.
the Company in the name of the King, the Company and the King had been reconciled.  When the Oxford Parliament had been dissolved, when many signs indicated that a strong reaction in favour of prerogative was at hand, when all the corporations which had incurred the royal displeasure were beginning to tremble for their franchises, a rapid and complete revolution took place at the India House.  Child, who was then Governor, or, in the modern phrase, Chairman, separated himself from his old friends, excluded them from the direction, and negotiated a treaty of peace and of close alliance with the Court.165 It is not improbable that the near connection into which he had just entered with the great Tory house of Beaufort may have had something to do with this change in his politics.  Papillon, Barnardistone, and their adherents, sold their stock; their places in the committee were supplied by persons devoted to Child; and he was thenceforth the autocrat of the Company.  The treasures of the Company were absolutely at his disposal.  The most important papers of the Company were kept, not in the muniment room of the office in Leadenhall Street, but in his desk at Wanstead.  The boundless power which he exercised at the India House enabled him to become a favourite at Whitehall; and the favour which he enjoyed at Whitehall confirmed his power at the India House.  A present of ten thousand guineas was graciously received from him by Charles.  Ten thousand more were accepted by James, who readily consented to become a holder of stock.  All who could help or hurt at Court, ministers, mistresses, priests, were kept in good humour by presents of shawls and silks, birds’ nests and atar of roses, bulses of diamonds and bags of guineas.166 Of what the Dictator expended no account was asked by his colleagues; and in truth he seems to have deserved the confidence which they reposed in him.  His bribes, distributed with judicious prodigality, speedily produced a large return.  Just when the Court became all powerful in the State, he became all powerful at the Court.  Jeffreys pronounced a decision in favour of the monopoly, and of the strongest acts which had been done in defence of the monopoly.  James ordered his seal to be put to a new charter which confirmed and extended all the privileges bestowed on the Company by his predecessors.  All captains of Indiamen received commissions from the Crown, and were permitted to hoist the royal ensigns.167 John Child, brother of Sir Josiah, and Governor of Bombay, was created a baronet by the style of Sir John Child of Surat:  he was declared General of all the English forces in the East; and he was authorised to assume the title of Excellency.  The Company, on the other hand, distinguished itself among many servile corporations by obsequious homage to the throne, and set to all the merchants of the kingdom the example of readily and even eagerly paying those customs which James, at the commencement of his reign, exacted without the authority of Parliament.168

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History of England, from the Accession of James the Second, the — Volume 4 from Project Gutenberg. Public domain.