Outstanding debts were also agreed and the company permitted to export 250 tons of saltpetre. Again in 1673, Banks successfully negotiated another contract for 700 tons of saltpetre at £37,000 between the king and the company. So urgent was the need to supply the armed forces in the United Kingdom, America and elsewhere that the authorities sometimes turned a blind eye on the untaxed sales. One governor of the company was even reported as saying in 1864 that he would rather have the saltpetre made than the tax on salt. COUNT 5
QSN1 Due to agreed debt what 250 tons  product was first permitted to be exported by the company after the seven years' war? ANS1 saltpetre QSN2 in what year did Banks  negotiate between the king and the East india company for 700 tons of saltpetre? ANS2 1673 QSN3 Saltpetre was used for what people, specifically the need for this product had people overlooking untaxed sales?  ANS3 armed forces QSN4 One of the governor of the company said that he would rather have saltpetre then____ in its raw form? ANS4 salt QSN5 how much did 700 tons of saltpetre go for in the contract negotiated by Banks in 1673 ANS5 £37,000