Summary: In the text, the author highlights the financial challenges faced by the Government of India, including borrowing money to meet immediate necessities and the difficulty in raising funds at a time when borrowing was essential. The appointment of Mr. Richardson to oversee the financial affairs of the Army and the successful implementation of financial controls are emphasized as significant improvements to the existing system. The text also mentions the complexities of financial transactions, the need for effective supervision, and the importance of judicious financial planning to prevent future crises. Echoing Lord Cornwallis's moderate policy approach, the text underscores the need for prudent financial management and expresses concern over the potential consequences of continued deficit spending. The narrative also touches on Lord Cornwallis's legacy and the importance of maintaining his policy principles.