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William Rodgie of Hawick, Deputy Secretary of the Bank of Bombay.] Autograph Letter Signed ('W. Rodgie') to his wife, discussing his role in the failure of the bank, and Sir Charles Jackson's Commission of Inquiry into the matter.

William Rodgie (1836-1873) of Hawick, Scotland, Deputy Secretary of the Bank of Bombay; his wife, nee Mary Elizabeth Graham (b.1842) [Sir Charles Jackson]

Editorial: Malabar HIll Bombay 10 and 11 August, 1868
Librería: Richard M. Ford Ltd (London, Reino Unido)

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8pp., 12mo. On two bifoliums. Very good on lightly aged paper. An unusual survival: it is uncommon to find a Victorian discussing such controversial financial affairs with such frankness. Addressing 'My own dearest Mary', he begins: 'The Baroda has come in bringing your usual welcome letter. I always long for it to hear what you are about.' He encloses two bills, one for £20 (from the National Bank of India) and the other for the substantial sum of £745 7s 1d ('being part of the Railway money'), and 'Mr. Purdone' is to handle the two bills, and Rodgie explains the practicalities of dealing with the latter. He now turns to family matters, discussing how 'poor Harry' has 'become serious' in the face of impending fatherhood. He now turns to the main topic of the letter: 'This nightmare of a Commission still drags along. I do not know when it is to be over. They are however going to Poona for a Holiday and I think I shall run up too - We have had 36 hours of incessant rain and the atmosphere is a complete mist - every thing is looking very green but very cheerless without our bright Sun. People are getting afraid our sky will be overcast on tomorrow week when the eclipse will occur here I'll try to be in Poona then if possible - I think Sir Charles' being in India only for a few months will think his chance of seeing it better in Poona than here'. He has written to 'Robertson', 'telling him frankly what I think of this Commission & for what he will have to account. I do not want to shirk any official responsibility but every one must protect himself as well as he can. No doubt I took a very active part in the Bank after it got into a mess not before, [last two words underlined] but all the thousands of letters I wrote & most of my doings were from further instructions some written and some oral'. He is sorry to have heard from his wife's mother of the death of 'Davidson', 'one of the old landmarks of Hawick gone'. He has written to Elliot . 'Do not say anything to anybody about the possibility of my clearing out here in November next. If I do I would not like to come right on to London - for I would then again be in the furnace of this iniquitous Commission and they would be sure to summon me, Let them examine me as much as they like here but I object to going twice through the Mill, and I do not want to implicate old friends if I can avoid it - I have nothing to conceal but I think it very paltry & dishonorable to run to Commissioners saying Oh this me & that one speculated and stood to gain this much & that much, at [sic] so foreign to very nature I think to do that - Therefore when Sir Charles leaves India I shall bid him a most hearty good-bye - Mr Robertsons very particular friend Mr. Fraser, spontaneously told the Commission when he was in the Witness box that Robertson told him he stood to make a Lakh of rupees - This was quite uncalled for I should think'. Resuming on 11 August he informs her that, as the Commissioners have taken sixteen days' holiday, he is 'going up to Poona for a change'. The letter concludes with references to 'Miss Taylor', a testimonial for 'Dr Wilson', 'Mrs Barker (late Miss Kennedy)', 'Mordeen' ('not such a swell as Hernando & attends on me more closely') and 'Dr Hunter'. In a postscript he instructs her to send a letter to Robinson at Dunkeld: 'I have told him all I know. I hope he will burn my letter as I ask him to do.' The Bank of Bombay scandal was well-reporrted in The Times. On 4 May 1868 a long editorial on the subject outlines the affair, stating that Bank 'was considered to be a Government Bank, inasmuch as the Government held a considerable number of shares in it, nominated three out of its nine Directors, and exercised, or was empowered and believed to exercise, control over the policy of the establishment. Consequently, the outcry of the shareholders, ruined in spite of an assumed guarantee, has been both loud and enduring, until at length a Commission of Inquiry has been ordered.' The. N° de ref. de la librería 13995

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Título: William Rodgie of Hawick, Deputy Secretary ...

Editorial: Malabar HIll Bombay 10 and 11 August

Año de publicación: 1868

Descripción de la librería

Private premises. Autographs, manuscripts and archives on any subject. Particular interest in publishing and bookselling history. Occasional catalogues. Company number: 03785276

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