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Updated: May 24, 2025
Holwell undertook to procure me a dustuck from the Governor, enabling any merchandise I chose to trade in to pass through the province of Bengal free of taxes or duties to the Nabob's government.
Commerce, which enriches every other country in the world, was bringing Bengal to total ruin. The Company, in former times, when it had no sovereignty or power in the country, had large privileges under their dustuck, or permit: their goods passed, without paying duties, through the country.
Their salaries were so wretchedly small as to be insufficient for the necessities of life in this climate, where the poorest European is obliged to keep half a dozen black servants in his pay. For my part, I did not embark in trade myself, having no capital, but I accepted the offer of a Gentoo merchant to lend him the use of my dustuck to cover his goods, for which he paid me handsomely.
The servants of the Company made use of this dustuck for their own private trade, which, while it was used with moderation, the native government winked at in some degree; but when it got wholly into private hands, it was more like robbery than trade. These traders appeared everywhere; they sold at their own prices, and forced the people to sell to them at their own prices also.
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