PRAYA, s. This is in Hong-Kong the name given to what in most foreign settlements in China is called the [Bund]; i.e. the promenade or drive along the sea. It is Port. praia, 'the shore.'

[1598.—"Another towne towards the North, called Villa de Praya (for Praya is as much as to say, as strand)."—Linschoten, Hak. Soc. ii. 278.]

PRESIDENCY (and PRESIDENT), s. The title 'President,' as applied to the Chief of a principal Factory, was in early popular use, though in the charters of the E.I.C. its first occurrence is in 1661 (see Letters Patent, below). In Sainsbury's Calendar we find letters headed "to Capt. Jourdain, president of the English at Bantam" in 1614 (i. 297-8); but it is to be doubted whether this wording is in the original. A little later we find a "proposal by Mr. Middleton concerning the appointment of two especial factors, at Surat and Bantam, to have authority over all other factors; Jourdain named." And later again he is styled "John Jourdain, Captain of the house" (at Bantam; see pp. 303, 325), and "Chief Merchant at Bantam" (p. 343).

1623.—"Speaking of the Dutch Commander, as well as of the English President, who often in this fashion came to take me for an airing, I should not omit to say that both of them in Surat live in great style, and like the grandees of the land. They go about with a great train, sometimes with people of their own mounted, but particularly with a great crowd of Indian servants on foot and armed, according to custom, with sword, target, bow and arrows."—P. della Valle, ii. 517.

" "Our boat going ashore, the President of the English Merchants, who usually resides in Surat, and is chief of all their business in the E. Indies, Persia, and other places dependent thereon, and who is called Sign. Thomas Rastel[[225]] ... came aboard in our said boat, with a minister of theirs (so they term those who do the priest's office among them)."—Ibid. ii. 501-2; [Hak. Soc. i. 19].

1638.—"As soon as the Commanders heard that the (English) President was come to Suhaly, they went ashore.... The two dayes following were spent in feasting, at which the Commanders of the two Ships treated the President, who afterwards returned to Suratta.... During my abode at Suratta, I wanted for no divertisement; for I ... found company at the Dutch President's, who had his Farms there ... inasmuch as I could converse with them in their own Language."—Mandelslo, E.T., ed. 1669, p. 19.

1638.—"Les Anglois ont bien encore vn bureau à Bantam, dans l'Isle de Jaua, mais il a son President particulier, qui ne depend point de celuy de Suratta."—Mandelslo, French ed. 1659, p. 124.

" "A mon retour à Suratta ie trouvay dans la loge des Anglois plus de cinquante marchands, que le President auoit fait venir de tous les autres Bureaux, pour rendre compte de leur administration, et pour estre presens à ce changement de Gouuernement."—Ibid. 188.

1661.—"And in case any Person or Persons, being convicted and sentenced by the President and Council of the said Governor and Company, in the said East Indies, their Factors or Agents there, for any Offence by them done, shall appeal from the same, that then, and in every such case, it shall and may be lawful to and for the said President and Council, Factor or Agent, to seize upon him or them, and to carry him or them home Prisoners to England."—Letters Patent to the Governor and Company of Merchants of London, trading with the E. Indies, 3d April.

1670.—The Court, in a letter to Fort St. George, fix the amount of tonnage to be allowed to their officers (for their private investments) on their return to Europe: