[360] Macpherson’s ‘Commerce of India,’ p. 81.

[361] Captain Meadows Taylor, in his ‘Manual of the History of India,’ Lond., 1871, has devoted his 5th book to a very clear, full, and condensed account of the East India Company and its doings from 1613 to 1784 (pp. 387-501).

[362]

£
By this important instrument the Old Company, in addition to their subscription of315,000
Agreed to purchase stock at par from the New Company to the amount of673,500
Making their joint-stock 998,500
Being equivalent to the remaining New Company’s stock 998,500
Which, with the stock of the separate traders23,000
Constituted the total united capital of2,000,000

See further details in ‘Charters of East India Company from 1601,’ etc. Lon., 4to., 1774.

[363] McCulloch’s ‘Commercial Dictionary,’ p. 567.

[364] ‘Report on the East India Company,’ vol. iv.; Reports of Committees, House of Commons.

[365] It will be found at p. 264 of these reports, and occupies fourteen folio pages of closely-printed double columns. Those extracts from it which required “the attention of the commanders and officers in the maritime service” of the Company are given in [Appendix No. 8] of this volume.

[366] Pigs of iron cast for permanent ballast.

[367] Compensation due to the shipowner from the freighter for unduly delaying his vessel in port beyond the time specified in the charter-party or bill of lading.