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