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possible degree of their selling prices, sinoo thoso of lato years have noticed
in Mr. Fawcett’s Report proved a loss to them you aro accordingly principally
to apply your attention to this important point; knowing that to save the
company from loss, all the articles from Europe must bo disposed of, for, at
loast from 20 to 25 por cent the Invoice price, and wo repose the greatest
'reliance on your zeal, and desire to distinguish yourself in the trust reposed
jn you to raise the selling prices to the highest standard, even beyond the
above prescribed medium, as far as circumstancos may possibly admit in
which caso wo agreo that you shall be according to your former proposal
already on Record entitled to our Suth of the additional profits that the
Company may reap on their trade thus concluded through you, as the same
shall be ascertained after an Inspection of your accounts.
5th. Besides this you aro carefully to prepare and transmit as soon as ready
a list of all suoh additional artiolos and quantities, of European Import into
Persia as may in your opinion be likely to enter into the Company’s future
trade to that kingdom, stating, particularly, • the medium selling prices, to the
end that a judgment may hero be formed of what consignments to make from
the Presidency and with Indents from Europe.
6th. It would no doubt be very desirable could the Hon’ble English
Company supplant as you have so laudably suggested the Russian Trade in
the market of Persia, but to enable us to judge on the important point, it
will besides tho contingency of your being able or not to procure towards such
a change the good will of tho ruling authority in Persia, be necessary that you
ascertain and transmit to us a detailed statement of the description and
probable annual amouut of Russian Imports by tho Caspian, with the selling
prices that it may then appear whether our Company can offered to undersell
them in any or all of the articles of Trade thoy thus carry on.
7th. Your suggestions on the expediency of preventing the spread of the
French Injluenoe in Persia is esteemed by us of suoh great importance, that
besides furnishing you with our President’s letter to Baba Khan (now said to
have formally assumed aud been by the Turkish Government addressed
according to the Royal Titles after proving victorious over all his enemies)
and to his Brother Husson Kuli Khan, Soubahadar of the Province of Phars.
We have had no hesitation in providing and committing to your charge the
several articles that you havo recommended for Baba Khan and his brother
Hussan Khan together with certain articles to be taken also along with you
for tho Shaikh of Bushire and the Imaum of Muscat, trusting to your fidelity
and judgment, not to part with any of them, and particularly to the two former
(whose situations seem not yet thoroughly secure), without seeing an effective
advantage as extremely probable to arise from the made of their disposal and
in short, that in all respects you will winn in the execution of your present
oharge your ability and faithful attachment to the Hon’ble Company.
bth. You are entitled to charge Ten por cent, on the Market price, or
real necessary cost of the supplies of articles to the Oruizers, taking care to
receive the Commander’s Indents in duplicate, for whatever you to supply, one
copy of which is to be forwarded as a voucher with your monthly accounts.
9th. And as you represent that you can hardly without loss collect the
small quantity of fifty Bales of Carmenia Wool (each bale consisting of only
20 Tabriz Maunds) at the prescribed low price of 6 Rupees per maund, we
authorize your supply for the first year to be of double of that quantity; relying
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