"I have watched, very closely, all that has taken place in southern India and in Bengal. I have seen a handful of traders gradually swallowing up the native powers, and it seems to me that it may well be that, in time, they may become the masters of all India. Were I to say as much to any of our princes, they would scoff at my prediction; but it has been my business to learn what was passing elsewhere, and I have agents at Madras and Calcutta, and their reports are ever that the power of the English is increasing. A few years ago, it seemed that the French were going to carry all before them; but they, like our native princes, have gone down before the English; who seem, moreover, to get on better than the French with the natives, and to win their respect and liking.
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