Smith was commissioned from purser’s mate to ensign in the East India Company in December 1752, and rapidly received further promotion. He distinguished himself at the siege of Nelore in 1757, but resigned the service in 1761 and returned to England. In May 1764 he accompanied Clive to India as a colonel. On the voyage out Smith’s habitual superciliousness provoked Clive greatly: ‘You may remember that I often told you I was afraid Dick Smith’s temper and manners would not suit with Lord Clive, and it has so happened’, wrote George Mackay to Robert Orme, 5 Jan. 1767.
Smith was now busily engaged in amassing a large fortune, acquired, in part, by lending money to the Nawab of Arcot. In January 1769 he wrote: ‘I am preparing for Europe by collecting my scattered fortune ... I have fortune sufficient to make me happy, if happiness can depend on every conveniency and some few indulgences of life.’
Before leaving India he had begun to negotiate for a seat in Parliament, which he confessed was his ‘utmost ambition’.
Since his return to England in 1770 Smith had been active in East India politics, partly as representative of the creditors of the Nawab of Arcot. He now jumped immediately into the front rank of the Rockingham Opposition in Parliament. In February 1781 he moved that petitions submitted against the supreme court of Bengal should be heard by a committee. He was chairman of the select committee on Indian affairs, which did much to embarrass Lord North’s ministry. When, in April 1783, he moved to print the report of the select committee, Burke declared: ‘The report owed the greatest part of its merit to the General near him and did him infinite honour.’
In 1784 he lost his seat at Wendover, and was not returned to Parliament. At the same time he was overtaken by financial difficulties, brought on by heavy gambling.
Even at this dreary season you will find this place beautiful; you know I suppose that this entire estate, house, furniture, timber, all, cost me less than £40,000; that it all belonged to and was created by General Smith (who by the by in his treaty with me for the purchase of it acted in the most handsome manner) and that therefore everything at this place must be perfectly ‘comme il faut’.
Smith was forced to take refuge abroad,
Smith died 3 July 1803. The Gentleman’s Magazine reported that he left ‘a very large fortune’, but his will is modest.
The General told the Ambassador how rich he was, and how well the English (meaning, he said, people of distinction, such as his son) were received both at Brunswick and at Vienna; lied immoderately about the affairs of the India Company, and was ten times more at his ease than ever, to show Belgioso that he had the ton de cour.
At the same time, it was grudgingly admitted that he had considerable ability. George Vansittart commented on him in 1769, when he was about to leave India: ‘The General has picked up a very large fortune, and as he has abilities and application, and seems disposed to busy himself in India matters, will probably have a good deal of weight when he gets to England.’
