when the investment from the surplus revenues finally closed, were never
less than a million sterling, and commonly nearer twelve hundred
thousand pounds. This million is the lowest value of the goods sent to
Europe for which no satisfaction is made.[4]

[Sidenote: Remittances from Bengal to China and the Presidencies.]

About an hundred thousand pounds a year is also remitted from Bengal, on
the Company's account, to China; and the whole of the product of that
money flows into the direct trade from China to Europe. Besides this,
Bengal sends a regular supply in time of peace to those Presidencies
which are unequal to their own establishment. To Bombay the remittance
in money, bills, or goods, for none of which there is a return, amounts
to one hundred and sixty thousand pounds a year at a medium.

[Sidenote: Exports from England to India.]

The goods which are exported from Europe to India consist chiefly of
military and naval stores, of clothing for troops, and of other objects
for the consumption of the Europeans residing there; and, excepting some
lead, copper utensils and sheet copper, woollen cloth, and other
commodities of little comparative value, no sort of merchandise is sent
from England that is in demand for the wants or desires of the native
inhabitants.

[Sidenote: Bad effects of investment.]

When an account is taken of the intercourse (for it is not commerce)
which is carried on between Bengal and England, the pernicious effects
of the system of investment from revenue will appear in the strongest