Page 69 - Gulf Precis (1-B)_Neat

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hor settlement on the Coast of Porsia surprizes us more, as wo must
consider the Orders wo gave for withdrawing from Bush ire as implying a
prohibition of any attempt to rc-sottlc in tho Persian Dominions. Indeed
wo should have thought our Servants would have boen sufficiently discouraged
by rofleoting only on tho consequences which had attended tho Presidency
of Bushire, tho re-establishment of which would involve the Company in
cortain Exponcos, and would probably bo tho source of perpetual disputes
with tho Oaun, subjoct us to fresh Grievances and Exactions, and
exposo our property to tho liko dangors os had twice constrained us to withdraw
from it.
4. Wo have further to remark that a settlement at Bushire or any other
part on tho Coast of Persia, would not afford us tho prospect of any consider­
able increase in the Sale of Woollen since the quantity which might be
disposed of in Porsia mu9t in somo measure lesson in the end in the Bussora
Market. This we are led to conclude from the Report of the Bombay
Committee appointed to enquire into the advantages and disadvantages of
Bussorah and Bushire, wherein they allow that one-third part of the pur­
chase of Woollens at your Agency already finds a way to Persia. And as
to any prospect of advantage from our advance in price which might be on tho
Sales in Persia, we have reason to apprehend it would by no means be
equal to the expence of a Residency without mentioning the risk to which
our property must be exposed, for as to the suggestion of the beforementioned
Committee that the Company had a strong fortified Settlement in the Dominions
of Persia their property would be equally secure there as at Bussorah the same
is in itself so extravagant that it were needless for us to forbid the executing
such a Plan, even were we disposed to restore the Factory of Bushire. But as
from the foregoing Considerations we can by no means consent thereto.
We hereby prohibit you in the strictest manner, not only from re-establishing
Bushire, but from forming any other Settlement in the Persian Dominions
without our express Permission. And if contrary to our Expectations you
should have undertaken either the one or the other, we in this case require and
direct you forthwith to withdraw’ such Settlement.
4a. By our Directions on this subject you will perceive that the intended
Embassy to Carem Caun is, as far as it relates to the Establishment of a
Residency at Bushire, become altogether unnecessary, and as we do not see any
other prospect of advantage likely to arise therefrom, we hope the same has not
"boon pursued, and we hereby direct that no such expensive visits be at any
time undertaken without the greatest probability of reaping every proposed
advantage from them.

London,
24th August 1770.

CXCII.

Agent and Council, Basrah, to tho Presidency.
Hon'blb Sib and Sirs.

11. We have been under the necessity to defer entering into tho Negotia- Nagotiationi about
tipn you ordered with Carem Oaun, until we received your further orders Bmhir* dofmed.