"Although I find I cannot, as formerly, struggle with the inclemency of this hot climate, yet I am determined to wait for an answer to our despatches by this ship: my duty to my family will not permit me to stay longer. I hope to kiss your hand in April or May, 1767.

"The Duke of Devonshire's death has given me inexpressible concern: the nation has lost a nobleman who was an honour to it, and we the best and sincerest of friends. I could with pleasure have attached myself to him for the remainder of my days."

The following letter[[270]] to his friend Scrafton exhibits a short view of the prosperous state of the finances, and closes with a postscript written on Clive's hearing of his friend's election to the office of Director:—

"You must not expect a long letter from me, because I know you will have many particulars from other friends, and because the public business will really not allow me time for that purpose.

"Revolution upon revolution, rapacity, extortion, and corruption, have at last reduced us to the necessity of doing the only thing which could be done, to save the whole fabric from being ruined. The King hath granted to the Company the dewannee of Bengal, Bahar, and Orissa, and expresses himself in this manner:—'In consideration of the great services rendered me by the English Company, and on the condition of their paying me the annual tribute of 26 lacs, and allowing sufficient for the support of the dignity of the Nizamut, whatever remains of the revenues of Bengal, Bahar, and Orissa, I give to the English Company as a free gift, for ever and ever.'

"The Nabob's allowances are 53 lacs, which he signed and agreed to; so that there will remain little short of 200 lacs to the Company, clear of all expenses in collections. What think you of the stocks? We shall draw bills for about 16 lacs this year, and, in future, I believe, there will be an end to bills of exchange. Our investment this year will exceed 40 lacs, and we shall send 15 lacs to China. We have 24 lacs of restitution money to pay, and 30 lacs of bonds to discharge, or we should not have drawn at all, even this year.

"We have concluded a firm and lasting peace with Sujah-u-Dowlah, by giving him up all his country, for which he pays 50 lacs to the Company: 25 down, and security for the rest in twelve months. I have not leisure to entertain you with an account of our proceedings with regard to the gentlemen of council: the upshot is, as you have expressed yourself in one of your letters, 'There are not five men of principle in the whole settlement.' I believe this is the first instance of such a paper appearing upon record as we have sent home.

"There is an account in our committee and consultation proceedings, as large as a general return, with as many columns, specifying the sums of money received, and to be received, by whom, and to whom, and on whose houses drawn; in short, the Directors, when they first see these papers, will imagine it to be an account of increase of revenues. If you can get John Walsh into a humour of entertaining you upon these matters, he is qualified to do it better than any man in England. My time and paper grow short.

"I am, dear Scrafton,

"Yours, &c.