Smith, the son of a naval captain, entered the East India Company’s marine service. Appointed commander of the Clinton East-Indiaman in 1759, he transferred in 1765 to the command of the Lord Camden (he had some connexion with Camden).
In the meantime he had begun to take an active part in East India affairs, and between 1771 and 1778 wrote three pamphlets on the Company rule in India as seen on his voyages, and two on its shipping problems.
Having vigorously opposed Fox’s India bill in the Company, he was elected chairman on 26 Nov. 1783 when Henry Fletcher, bowing before the indignation of the shareholders at his support of the bill, resigned. On 19 Dec. he was among those thanked by the Company for their share in its defeat.
In 1784 he was returned as a Government candidate at Rochester. His only recorded vote during this Parliament was in support of Pitt’s proposals for parliamentary reform, 18 Apr. 1785, but he spoke fairly frequently, almost invariably on East India Company affairs. Though he became a staunch supporter of the new Administration and was consulted by both Pitt
I think very well of the chairman’s integrity and believe he means to do what is right, but there is a perfect certainty of his misconceiving every subject when first offered to his understanding. He is incapable of previous communications with anybody, consequently under his management the business must be one continued scene of rectifying or inspiriting what he brings forward wrong or inefficaciously, and he is never convinced till he sees the court nearly unanimous against him. His mind is also subject to very strong prejudices, especially on all the interests which were involved in Lord Pigot’s business, and his talents are much too slow and languid to animate so vast a machine.
Circumstances forced them, however, to put up with him at first, and later they continued to support him in the Company; and his relations with Pitt remained good throughout the rest of his life.
During the debate of 9 May 1787 on the impeachment of Hastings, Smith surveyed the Company’s position since 1767 at great length, and stressed that its difficulties had been aggravated by extravagant Government demands.
however ... Mr. Hastings may have erred in political measures, and erred he certainly had; however unfortunately for the Company those measures had closed, he was convinced the late governor general was actuated by no private motive but merely from a laudable desire to aggrandize or enrich his country.
He had been anxious for Hastings’s recall because
he did not think him calculated to measure back the steps he had trod, and to confine our future views of dominion within those bounds which he had widely departed from ... or to circumscribe within the limits of their former amount the expenses of government, which had been increased in the course of the war to an improvident extent ... At the same time he could not avoid giving it as his sincere belief, that the errors in his political conduct were so greatly overbalanced by his public virtues, and the essential services he had rendered the nation at large ... that he justly deserved instead of disgrace to receive a generous and liberal treatment from his country.
Smith did not vote on the Regency, 1788-9; in the various lists is marked ‘ill’; and no speech by him is reported between May 1788 and the dissolution of Parliament in 1790.
He died 6 May 1794.
