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    A Caution to the Directors of the East-India Company With Regard to their Making the Midsummer Dividend of Five Per Cent.
    A Caution to the Directors of the East-India Company With Regard to their Making the Midsummer Dividend of Five Per Cent.
    A Caution to the Directors of the East-India Company With Regard to their Making the Midsummer Dividend of Five Per Cent.
    Ebook46 pages36 minutes

    A Caution to the Directors of the East-India Company With Regard to their Making the Midsummer Dividend of Five Per Cent.

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    LanguageEnglish
    PublisherArchive Classics
    Release dateNov 26, 2013
    A Caution to the Directors of the East-India Company With Regard to their Making the Midsummer Dividend of Five Per Cent.

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      Book preview

      A Caution to the Directors of the East-India Company With Regard to their Making the Midsummer Dividend of Five Per Cent. - Archive Classics

      The Project Gutenberg EBook of A Caution to the Directors of the

      East-India Company, by Anonymous

      This eBook is for the use of anyone anywhere at no cost and with

      almost no restrictions whatsoever. You may copy it, give it away or

      re-use it under the terms of the Project Gutenberg License included

      with this eBook or online at www.gutenberg.org

      Title: A Caution to the Directors of the East-India Company

      With Regard to their Making the Midsummer Dividend of Five Per Cent.

      Author: Anonymous

      Release Date: August 12, 2011 [EBook #37048]

      Language: English

      *** START OF THIS PROJECT GUTENBERG EBOOK A CAUTION TO THE DIRECTORS ***

      Produced by Richard J. Shiffer and the Distributed

      Proofreading volunteers at http://www.pgdp.net for Project

      Gutenberg. (This file was produced from images generously

      made available by The Internet Archive.)

      Transcriber's Note

      Every effort has been made to replicate this text as faithfully as possible, including obsolete and variant spellings and other inconsistencies. Text that has been changed to correct an obvious error is noted at the end of this ebook.

      A

      CAUTION

      TO THE

      DIRECTORS

      OF THE

      EAST-INDIA COMPANY,

      With regard to their making the

      Midsummer Dividend of Five per Cent.

      WITHOUT

      Due Attention to a late Act of Parliament,

      and a By-Law of their own.

      Upon the Whole, I will beg Leave to tell what is really my Opinion: It is, that it be repealed absolutely, totally, and immediately.

      A late celebrated Speech.

      LONDON:

      Printed for George Kearsly, in Ludgate-Street.

      MDCCLXVII.

      A

      CAUTION

      TO THE

      DIRECTORS, &c.

      Gentlemen,

      Perhaps there never was such a necessity, for an address to you upon the subject of caution, since the East-India company was established, as at present.—Your great successes in India, have drawn upon you the envy of your own countrymen, as well as the other European powers; the great increase of your dividend, has alarmed the proprietors of other funds for their own property; the differences among yourselves, and your fellow-proprietors, have furnished this envy, and these fears, with the means perhaps of overturning your constitution.

      Tho' I will not presume to determine, whence these differences arose, or who have been to blame, that not being part of the present design, you will agree with me they have drawn upon you the notice of the legislature, and have produced an act of parliament, that affords either party but little cause for rejoicing, however grateful it may be to the public. I must suppose you would wish to keep your golden fleece to yourselves—union among yourselves would have secured it—but your differences have exasperated the watchful dragon, the guardian of this treasure, and you now only hold it in participation—A strange participation too, where the public is to receive four hundred thousand pounds, while you are to receive nothing—I say nothing—for I shall endeavour to prove you cannot make your dividend of 5l. per cent. due the 5th of last July, nor will you be able, as things now stand, to declare the dividend of 5l. per

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