[The History of England from the Accession of James II. by Thomas Babington Macaulay]@TWC D-Link book
The History of England from the Accession of James II.

CHAPTER XX
98/344

They expected every day to receive the dreaded notice.

Nay, they were not sure that their exclusive privilege might not be taken away without any notice at all; for they found that they had, by inadvertently omitting to pay the tax lately imposed on their stock at the precise time fixed by law, forfeited their Charter; and, though it would, in ordinary circumstances, have been thought cruel in the government to take advantage of such a slip, the public was not inclined to allow the Old Company any thing more than the strict letter of the bond.

Every thing was lost if the Charter were not renewed before the meeting of Parliament.

There can be little doubt that the proceedings of the corporation were still really directed by Child.

But he had, it should seem, perceived that his unpopularity had injuriously affected the interests which were under his care, and therefore did not obtrude himself on the public notice.


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