Chapter L
To what owing for silver and to sundrys,
with interest thereon, 581,756
The greatest part of this debt is due to the bank of England, as the price of silver bought from the bank for exportation, several years ago. The Company never granted any security under their seal for this debt, more than for the price of other goods bought on credit; and this debt stands at this day upon the footing of a simple entry in the Company's books, and in the books of the Bank, as a sum due for the price of silver, and the Bank have willingly accepted interest at 4 _per cent._ and have indulged the Company with a delay of payment.
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A Short View of the Laws Now Subsisting with Respect to the Powers of the East India CompanyChapter L
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