quidation and adjustment of
the said debts, _bona fide_ incurred, shall be carried into full force
and effect.

Should any difficulty arise between his Highness and our government of
Fort St. George, in respect to _the responsibility of the soucar
security_, or the times and terms of the instalments, it is our pleasure
that you pay obedience to the orders and resolutions of our
Governor-General and Council of Bengal in respect thereto, not doubting
but the Nabob will in such case consent to abide by the determination of
our said supreme government.

Although, from the great confidence we repose in the honor and integrity
of the Nabob, and from an earnest desire not to subject him to any
embarrassment on this occasion, we have not proposed any specific
assignment of territory or revenue for securing the payments aforesaid,
we nevertheless think it our duty, as well to the private creditors,
whose interests in this respect have been so solemnly intrusted to us by
the late act of Parliament, as from regard to the debt due to the
Company, to insist on a declaration, that, in the event of the failure
of the security proposed, or in default of payment at the stipulated
periods, we reserve to ourselves full right to demand of the Nabob such
_additional security_, by assignment on his country, as shall be
effectual for answering the purposes of the agreement.

After having conciliated the mind of the Nabob to this measure, and
adjusted the particulars, you are to carry the same into execution by a
formal deed between his Highness and the Company, according to the tenor
of these instructions.

As the administration of the British interests and connections in India
has in some respects assumed a new shape by the late act of Parliament,
and a general peace in India has been happily accomplished, the present
appears to us to be the proper period, and which cannot without great
imprudence be omitted, to settle and arrange, by a just and equitable
treaty, a plan for the future defence and protection of the Carnatic,
both in time of peace and war, on a solid and lasting foundation.

For the accomplishment of this great and necessary object, we direct
you, in the name of the Company, to use your utmost endeavors to impress
the expediency of, and the good effects to be derived from this measure,
so strongly upon the minds of the Nabob and the Rajah of Tanjore, as to
prevail upon them, jointly or separately, to enter into one or mor