The monopoly of the East India Company was a derogation from the general freedom of trade belonging to his Majesty's people.
Edmund Burke: “The monopoly of the East India Company was a derogation from the general freedom of trade belonging to his Majesty's…”
Editor's note · Context
Burke critiques the monopoly of the East India Company as a violation of free trade principles.
Share
More from Edmund Burke
Who could doubt but that, at any expense to the state, of which they understood nothing, they must pursue their private interests, which they understood but too well?
If kings who did not owe their crown to the choice of their people had no title to make laws, what will become of the statute De tallagio non concedendo? of the Petition of Right? of the act of Habeas Corpus?
But supposing they had ranked as they ought to do, and as with us they do actually, the sides of sick-beds are not the academies for forming statesmen and legislators.
But the king of Great Britain obeys no other person; all other persons are individually, and collectively too, under him, and owe to him a legal obedience.





