Remonstrantie 9.7
Jahangir's India (Moreland, Geyl) 9.7
- Language
- English
9.7
The reason why the chief English factory, as well as ours, is located in Surat is not to be found in the extent of the market or of the sale of goods, but in the fact that the ships must be unloaded and left there, and the goods forwarded thence to the places where they are wanted. If an adequate supply of cash were sent there in addition to the goods, it would be unnecessary, or at any rate it would be a serious loss to the Company, to sell anything worth mentioning in Surat, for the banian merchants who buy from us there despatch the goods promptly to Ahmadabad, Burhanpur, or Agra, where we have factories, and have to pay the cost of the staff which we employ. Profits should be credited in the place where they are made, unless the empty distinction were coveted to show the gains arising from our sales in the general accounts of the Surat factory, instead of in those of Agra, Ahmadabad, or Burhanpur (if a factory is to be established there). Further, there is nothing to be bought in Surat (except at a loss to the Company), apart from a few baftas which are woven at Navsari and also at Rander. Absolutely no other merchandise is to be had in Surat, but much is brought there when the ships arrive, and we may be forced to purchase baftas, candekins, chelas, etc., retail, because we have not the money to buy these in Broach or Ahmadabad during the rains, unless in order to do so we should have to be constantly involved in debt for loans carrying interest.