If I were worthy to suggest any line of prudence to that right honorable gentleman, I would tell him that the way to avoid suspicion in the settlement of pecuniary transactions, in which great frauds have been very strongly presumed, is, to attend to these few plain principles:—First, to hear all parties equally, and not the managers for the suspected claimants only; not to proceed in the dark, but to act with as much publicity as possible; not to precipitate decision; to be religious in following the rules prescribed in the commission under which we act; and, lastly, and above all, not to be fond of straining constructions, to force a jurisdiction, and to draw to ourselves the management of a trust in its nature invidious and obnoxious to suspicion, where the plainest letter of the law does not compel it. If these few plain rules are observed, no corruption ought to be suspected; if any of them are violated, suspicion will attach in proportion; if all of them are violated, a corrupt motive of some kind or other will not only be suspected, but must be violently presumed.
The persons in whose favor all these rules have been violated, and the conduct of ministers towards them, will naturally call for your consideration, and will serve to lead you through a series and combination of facts and characters, if I do not mistake, into the very inmost recesses of this mysterious business. You will then be in possession of all the materials on which the principles of sound jurisprudence will found, or will reject, the presumption of corrupt motives, or, if such motives are indicated, will point out to you of what particular nature the corruption is.
Our wonderful minister, as you all know, formed a new plan, a plan insigne, recens, indictum ore alio, a plan for supporting the freedom of our Constitution by court intrigues, and for removing its corruptions by Indian delinquency. To carry that bold, paradoxical design into execution, sufficient funds and apt instruments became necessary. You are perfectly sensible that a Parliamentary reform occupies his thoughts day and night, as an essential member in this extraordinary project. In his anxious researches upon this subject, natural instinct, as well as sound policy, would direct his eyes and settle his choice on Paul Benfield. Paul Benfield is the grand Parliamentary reformer, the reformer to whom the whole choir of reformers bow, and to whom even the right honorable gentleman himself must yield the palm: for what region in the empire, what city, what borough, what county, what tribunal in this kingdom is not full of his labors? Others have been only speculators; he is the grand practical reformer; and whilst the Chancellor of the Exchequer pledges in vain the man and the minister, to increase the provincial members, Mr. Benfield has auspiciously and practically begun it. Leaving far behind him even Lord Camelford's generous design of bestowing Old Sarum on the Bank of England, Mr. Benfield has thrown in the borough of Cricklade to reinforce the county representation. Not content with this, in order to station a steady phalanx for all future reforms, this public-spirited usurer, amidst his charitable toils for the relief of India, did not forget the poor, rotten Constitution of his native country. For her, he did not disdain to stoop to the trade of a wholesale upholsterer for this House,—to furnish it, not with the faded tapestry figures of antiquated merit, such as decorate, and may reproach, some other houses, but with real, solid, living patterns of true modern virtue. Paul Benfield made (reckoning himself) no fewer than eight members in the last Parliament. What copious streams of pure blood must he not have transfused into the veins of the present!
But what is even more striking than the real services of this new-imported patriot is his modesty. As soon as he had conferred this benefit on the Constitution, he withdrew himself from our applause. He conceived that the duties of a member of Parliament (which with the elect faithful, the true believers, the Islam of Parliamentary reform, are of little or no merit, perhaps not much better than specious sins) might he as well attended to in India as in England, and the means of reformation to Parliament itself be far better provided. Mr. Benfield was therefore no sooner elected than he set off for Madras, and defrauded the longing eyes of Parliament. We have never enjoyed in this House the luxury of beholding that minion of the human race, and contemplating that visage which has so long reflected the happiness of nations.
It was therefore not possible for the minister to consult personally with this great man. What, then, was he to do? Through a sagacity that never failed him in these pursuits, he found out, in Mr. Benfield's representative, his exact resemblance. A specific attraction, by which he gravitates towards all such characters, soon brought our minister into a close connection with Mr. Benfield's agent and attorney, that is, with the grand contractor, (whom I name to honor,) Mr. Richard Atkinson,—a name that will be well remembered as long as the records of this House, as long as the records of the British Treasury, as long as the monumental debt of England, shall endure.
This gentleman, Sir, acts as attorney for Mr. Paul Benfield. Every one who hears me is well acquainted with the sacred friendship and the steady mutual attachment that subsists between him and the present minister. As many members as chose to attend in the first session of this Parliament can best tell their own feelings at the scenes which were then acted. How much that honorable gentleman was consulted in the original frame and fabric of the bill, commonly called Mr. Pitt's India Bill, is matter only of conjecture, though by no means difficult to divine. But the public was an indignant witness of the ostentation with which the measure was made his own, and the authority with which he brought up clause after clause, to stuff and fatten the rankness of that corrupt act. As fast as the clauses were brought up to the table, they were accepted. No hesitation, no discussion. They were received by the new minister, not with approbation, but with implicit submission. The reformation may be estimated by seeing who was the reformer. Paul Benfield's associate and agent was held up to the world as legislator of Hindostan. But it was necessary to authenticate the coalition between the men of intrigue in India and the minister of intrigue in England by a studied display of the power of this their connecting link. Every trust, every honor, every distinction, was to be heaped upon him. He was at once made a Director of the India Company, made an alderman of London, and to be made, if ministry could prevail, (and I am sorry to say how near, how very near, they were prevailing,) representative of the capital of this kingdom. But to secure his services against all risk, he was brought in for a ministerial borough. On his part, he was not wanting in zeal for the common cause. His advertisements show his motives, and the merits upon which he stood. For your minister, this worn-out veteran submitted to enter into the dusty field of the London contest; and you all remember that in the same virtuous cause he submitted to keep a sort of public office or counting-house, where the whole business of the last general election was managed. It was openly managed by the direct agent and attorney of Benfield. It was managed upon Indian principles and for an Indian interest. This was the golden cup of abominations,—this the chalice of the fornications of rapine, usury, and oppression, which was held out by the gorgeous Eastern harlot,—which so many of the people, so many of the nobles of this land had drained to the very dregs. Do you think that no reckoning was to follow this lewd debauch? that no payment was to be demanded for this riot of public drunkenness and national prostitution? Here, you have it here before you! The principal of the grand election-manager must be indemnified; accordingly, the claims of Benfield and his crew must be put above all inquiry.
For several years Benfield appeared as the chief proprietor, as well as the chief agent, director, and controller of this system of debt. The worthy chairman of the Company has stated the claims of this single gentleman on the Nabob of Arcot as amounting to five hundred thousand pound.[58] Possibly at the time of the chairman's state they might have been as high. Eight hundred thousand pound had been mentioned some time before;[59] and, according to the practice of shifting the names of creditors in these transactions, and reducing or raising the debt itself at pleasure, I think it not impossible that at one period the name of Benfield might have stood before those frightful figures. But my best information goes to fix his share no higher than four hundred thousand pounds. By the scheme of the present ministry for adding to the principal twelve per cent from the year 1777 to the year 1781, four hundred thousand pounds, that smallest of the sums ever mentioned for Mr. Benfield, will form a capital of 592,000l. at six per cent. Thus, besides the arrears of three years, amounting to 106,500l., (which, as fast as received, may be legally lent out at twelve per cent,) Benfield has received, by the ministerial grant before you, an annuity of 35,520l. a year, charged on the public revenues.
Our mirror of ministers of finance did not think this enough for the services of such a friend as Benfield. He found that Lord Macartney, in order to frighten the Court of Directors from the project of obliging the Nabob to give soucar security for his debt, assured them, that, if they should take that step, Benfield[60] would infallibly be the soucar, and would thereby become the entire master of the Carnatic. What Lord Macartney thought sufficient to deter the very agents and partakers with Benfield in his iniquities was the inducement to the two right honorable gentlemen to order this very soucar security to be given, and to recall Benfield to the city of Madras from the sort of decent exile into which he had been relegated by Lord Macartney. You must therefore consider Benfield as soucar security for 480,000l. a year, which, at twenty-four per cent, (supposing him contented with that profit,) will, with the interest of his old debt, produce an annual income of 149,520l. a year.
Here is a specimen of the new and pure aristocracy created by the right honorable gentleman,[61] as the support of the crown and Constitution against the old, corrupt, refractory, natural interests of this kingdom; and this is the grand counterpoise against all odious coalitions of these interests. A single Benfield outweighs them all: a criminal, who long since ought to have fattened the region kites with his offal, is by his Majesty's ministers enthroned in the government of a great kingdom, and enfeoffed with an estate which in the comparison effaces the splendor of all the nobility of Europe. To bring a little more distinctly into view the true secret of this dark transaction, I beg you particularly to advert to the circumstances which I am going to place before you.
The general corps of creditors, as well as Mr. Benfield himself, not looking well into futurity, nor presaging the minister of this day, thought it not expedient for their common interest that such a name as his should stand at the head of their list. It was therefore agreed amongst them that Mr. Benfield should disappear, by making over his debt to Messrs. Taylor, Majendie, and Call, and should in return be secured by their bond.