Star. — London, England, 1801-06-25 00:00:00

NACITICAL INTELLI6ANths-.72; , • . ea to be at the worn times, and whets the. Ri ght Hon. Gentleman undertook the management o the Company's affairs, about lin crores,' but now, in the bell times, as they were called, this debt was doubled. By the as of 1793, t 2.000,0001, were to have been provided from the furplus revenue, to pay ()lithe Proprietors capital, and at the rate of sool. for every tool. ; but in Lead of this, there was not ewes t h e f o n.fhipe of one (billing. If it were afked, where can this immenft Turn be (pent ? He would anfwer, There twelve millions had been taken out of the Company's Treace y, to pay the Creditors of the Nabob of Arcot and tle Raja of Tanjore. He lhould like to kiow, who there Creditors were ? He believed, this funs was paid to them contrary to the as of 17934 but fuppofing it was not, be with. ed to how, whether the - Diretiors did not pret. for there private Creditors to the Public Cre ditor? Was the intereft of England thus to be facri. iced for the benefit of the private Creditors of the Nabob of Arcot? India, if well managed, ought to produce a Surplus Revenue of three millions; and tithe plan fuggefted in the papers propofed by' n Honourable Baronet had been adopted, a Revenue o f fie m illions would accrue. But by increafing Ettabliihments, Penfions, and Debts in India, this fertile country had become completely ex. Muffed. He wifhed to draw the attention of the Hot& to the Surplus Revenue. When the !tight Hon. Gentleman (Mr. Dunidas) came to the Ildis Board of Contrail, there were two millions e 1 - us money ; "MR .of this fum only ip. heithaen paid to the public in (even years. wotdd lk where could this money be gone ? czel -.At this topmast the Bengal Inveftment was torroWed at the rate of 61 per cent. The Ex- Chairman bad Rated at thelall Court, that there *is no Surplus for' In.-Anent. The Govern moot Of Bengal had drains Bills for 'r,soo,oool. aid had a Licence given then' to draw for One Million more. Here was a Country, Rated to be in the higbeit fate of proditerity, and redrawing on this CAnntrr,. which was exhanfted to Its laR guinea already, anßead. of fitpporting her. Add otitis, th nut one (billings/nu produceable from thrOmmeteoPtiad. Did the Proprietors of In & stock know that the very dividend was bor. tiiima with Which they were paid ? Where, he ;mild alkicould there enormous turns be buried? Front the Papers which bad been primod,he found one article dexpence Rated of above , cool. oo t t of aninlended Expedition o , t in rAmtlition mat bad failed; and the matter of baWs *Roo fee.the Zapoditions aria Ceylon oaf tie Calisiofflood Hope. Upon this potnthe would with to know to whom th& polfews be lowed, whether to the Company, or to this Conn try I or m cafe of difpute, who was to adjudicate booboos the two parties ? He found alto the fnm of 000,fmol. Rated for the fopport of the StalE. Add to this the eiliences of the King's Troops, tad the le charge on the (core of Pen al"' Tlhaa attilt now be faitito be three Servs to Naga* He bt*Lisil however, that in td ' he might pitie , towards the Bic= th itM olny ie he toil* Sat bifides there there were confiderable tharoOM locarred by the,CoMwY *the (core ado Axmy lanimr*otheofMoihrmmt. is the Ammon for lakierrhe famed sae amide of ttooo4lllWto a Member of dat I.llllllthridas ftilWolt. tb Od • Otenplisty. Fri* die OW Mr. joaidhid o litiafersod that tbiooe_apawy wain,* inthsaleis of purr& y which the Right Honour. abie-Vidriak bad Rated i they were more like t.tht a RIM of asoondiae than futtikine,fOthiat lethlaing the' moot of Expeditions:Pea= Som e and Eitabliaments, if all the ef - fees ado ,Coitipasy . were turned into oth to morrow'• be might reefonably Mk, Where would the Waage be i There was alio tmo&m. fuss of; wasidembh i =zis, he . am. the ail Ma nilla-lkaos- rgootgrmt ti * 7s . . , . 1 * for imam an to his V yi Traits op* that Is Was it sot .fteellary the ijk Witten of rftomry Amid aletfulbs_atvisas whom he had sr* mi - of [Oll Nadeau! Debi to 'Wide for already, whether the he was aftea siktthet this was WI ask* all at to the Ind* Company ? [HdoethiCbososilor of the Riteheqoer who was laid the • Chair came to his Beat]. If thielbeasimestibt nearly to three Millions was really &sato fat hit a patty, (as be apprehended was the faitydsi was fo much more• to be **led to lbw - Debt, and for which provifion Mutt be made; bet if it was not a fist! demand upon Governmast, then it mutt mab' an addition of three millions to the Debt Of bats and inereafe it from z 4 to t, =. 4l : 4 St 4 hers was at Burping is the of "ao Guarantee bunt . 1 ift I D il • ilia's* • bat whit was ea Repsaihsire . of t i ro,oool. beyond ... tbe ■ - Ines bs akilitlunk that the Co:spumy, fo far from Mit t li o ßite a profpenty, - wall on thoseve of . The Debt, as appeared from * Amigo so the Table, amounted to upwards if I+ _Crams, and this was onlyreekoned op.toApria 114 bit the fair cakettion was Ita to the p!,diot time, which " would incrsafe a above =74 more, and reckoning the iketelo atiosovrledsid by Covenantor. aheoe 2 tbeletelob astetrK the prefont load of Debt would ...abele ut t; a titts tittle, exceed twisty smillond ate the Right lieemorable Gostlomm t or the Catopmy's Dirtridoma es deal theme" this ftetemeot. With . den the Cllespires lat e eanciarßei he believed it *ass assets= lieculmion Whether the detealiola dame of hat was ef tea-. goyim as the Comrsat or not. At any rot% Iseddajbardse roma we sway coalimake imp for d! our emsciweaa Ho Wised Hit WI eirasioiso Mai owe sey waned to Aye . lags. - Alb woad be 0 . - - faira f tion for' WY as well ak The light, _liisootaible Gentismas that be semis pops to dm limlia, p 4 ro4most. artboilips dais tailt,lr ea hoe = 1 to 111'6( g: i - - that ihisa . e. p imellimine.iiisak r 4il arr with his approbation, and he hoped-that in another peflion the cubic& would be duly inveftigated t and had the Right Honourable Gentleman (Ms.' Duedas) been prefent, he ihould hav e mov e d t he Refolutions to be recommitted. Mr. DINT laid, he lamented that after the Right Hon. Gentleman had brought forward a ftibjeft of great importance, that it fkould have been de. bated in his abfence : in the prefent (late of the, Honk no objet could be gained by it. He would only fay, he believed the Hon. Gentleman was greatly miftaken in fuppofing that the Company was obliged to borrow money to pay the dividend,. Mr. D. SCOTT raid, he believed it would be found that the ftatements of the Right Hon. Gentleman (Mr. Dundas) were accurate. He thought the- on. Gentleman had exaggerated the Debt of India, when he made it amount to upwards of twenty millions India, he really believed, was the moftprofperons country in the world at prefent, although, doubtlefs, like every other country, ie time of war it mutt get in debt. He !hewed how it mutt neceffarile be, that India would be always drawing money from this country. He denied that the Company borrowed money to pay their dividends ; fo far from it, that it anticipated pay. menu due to Captains and other Officers and Sea r sues As to the article of arms, the Eaft-India ' Company was under the neceffity of fending out rya quantities yearly ; but they regularly paid `feria the arms which the Company fupplied to Cdvernrnent. • He declared, that if every debt due by the Company was paid, there would be il very large balance remelt:mg. He agreed with , the Ratement of the Right Hon. Gentleman (Mr. ' Dundas), which placed the affairs of the Company in a molt flourifking fituation. The Revenue had ..iiesnafed from fix to ten millions; they had gained 'awbordenfe extent of territory, at the fame time obit they had a (mailer frontier to defend than whim they had much lefs territory, nor would it require more troops to defend. Add to which, there was now ajudicial fyftem eflablifited through ' oat all India, to fecure the inhabitants in their rpropertY ; the confequence of which was, that Foul* auheltells ail other parts of Hindoltan, in order to refide in our territories. He would allow the Company had got 14 millions of debt, whip they had a Revenue of so millions; and when Peace came, this event would cut off at leaft 7 or Soo,oool. of the annual debt. He thought that this country, as . well as the Company, were greatly indebted to the Right Hon. Gentleman, both for his own exertions , as well as on account oithofe able Governors (chiefly feleeted by him), under whoa Adminiftrattonfuch profperity had attended India. Sir FRANCIS &Immo Rated the magnitude of the EaR India Debt, fimilar to the ilatement of the Hon. Gentleman (Mr. Jones). In point of inveftment, he declared, we 'were a million worfe .than in i 793. He begged it might be confidered bow much mu ft be added to the 14 millions of debt, when the espences of the war came to be wikmd up. lie mutt fay, the Company was left, at prefent, in confiderabk difficulties, at the fame time, he thought there were means of extricating their affairs; but to do this, it malt become a mat , tet of Parliamentary eanfideration. In the year 1783, the Company . enjoyed the whole exclufive traft of India ; but in the year C7p3, b 1 1 ad, a ',plated monopoly, and now Ate Hon. Gentleman had propofed abothe; and to throw open the fltippingyin &Wm annum as would cut the graft from , under their feet, and leave them to make 'wicks svithOut ftmw. Mr. Was DVIIISA4 hid, that when Gentlemen were making falimess of the difference , between the ear 1 1 93 , oug the:prefect thbe o - they fhould 1 tjtat that was a parlodiferofoond rears, die %triad inuitimsed wit( out'''' ' that thereto the prawn. It &Odd I lie -that inAne War we bade • Witeotr esas oo MA pwerfarocrffwiaa-antelinfaiered:creilatienEfoldwee Power =_lt ., undoubtedly were not fafe. r...n dr hot oa r tobate thi :fuhechit from fclrcop.-10-, Minims. lEkbegga Gentlemen to coo. , . great hmaresfe width had taken place 411 Ole and though the charges were au" Minted, they wantonly of a temporary nature, cbak with the condiment of the War. , watlpe. maw s GO he tbeeldnot have obtruded mtdaelifoefit, butt with ',view to coned Ormolu inpceSossuat to the Ceetpany'a prof =milky Illepoteipany's affairs were , as woad zzr zh by comparing 1 the follosehtg kateatept:9( finances, as fob- 1 uskisd to radium/a, Ise?* ' that now laid haws** Houk NJ... • • • / Ilk • 1101. • ,• ~ 58 211 4 01, ' 6 •130. 0 4 ` • I AlaapalP 3073071 • • 2400‘0 300.41$ • . • A4SeAs• %gismo . • " -- --.••• '' Chlingik =s • - i s moopoo P6w° 3 4 . .I.6 ls nicwil tAte" Illsolor - - ~SO Ilmeeies - t- &Poo gW•,, . , 4070 0 9• l 2rn. Amid tame* - MO" - I.P4 11 " ...--. ......—..• sjoopoo .2%.01030, 1 &MAN 101000 Dia 4401 The Debt in !ON amounted to 7,6a5p001. met is tics le 50,649,40a1. Ho , gm ..awed igloo a variety of obfervatioos, poimehtiostenen in Kr. Dundas's Ihniget, which =ltip* Company's *fairs as Improved by eo It laik year; when the Company in their.owe mecums o , d their again to be work rook. lie deniared.sitat_ he few an prof. "bower sf the debt it Marla teitilLPlti ss e alf=of the Govermitest we re oore pet _ lad e. epereesetynota was a dim hello Emoe in the Noble Marquis had difplayed great ahility in ' couduaing the war with Tippoo, but fince the capture of Scringapatam, he maintained that his meafures were impolitic, extravagant, and puerile., The Laws laid down by Parliament for the Go vernment of India had been abandoned, and a fyffem of conqueff eftablithed inftead of them. From this change be augured nothing but cala mity and difgrace. The native powers of India were already exafperated againfl us; in the Malt rattas, welted a far ropie formidable enemy than in the tyrant of Myfore, and if this lull for domi nion Was encouraged, our proud empire in the EaLt would be fpeedily overthrown. Mr. John- Clone concluded his animated (perch, by filming that Mr. Dundas's plan for paying off the debt in India, by increafing the inveknents, though fpe eious, was altogether impraeticable, as the Com pany were uniformly lafers by all their mercantile tranfaialons. Mr. D. SCOTT explained in a few words. Mr. Jonas Paid in reply, that from all that had been fail in the debate, he was fatisfied that his three points had been carried. The debt, an Hon. Baronet ha Rated as he had done, at twenty mil lions, and that he confidered this as a mill-hone hung round the neck of India, which would fi nk her. His Hon. Friend ( Mr. Joh nstone) had proved, in black and white, what he had (aid, that the ex penditure of the Company had exceeded its Reve nue this laft year nearly soo,oool. An Hon. Ba ronet (himfelf a Director) had Rated, that the affairs of India mull come under Parliamentary conildesation. What did, this imply, but either that the Company's affairs were in fo bad a Rate that they mull come under the controul of Parlia., ment, or elk, that the management of the prefent twenty-four Diredors was to be called in queftion? This was a matter that mull be fathomed. An Hon. Member (Mr. W. Dundas) teemed to take his propofition of bringing on this bnfinefs in the enfuing Sawa coolly, and talked of ving in very good (Pinks, when thinking of the ars , of India, into the country- He wiffied him a good journey, but whether he had to cope with his ".penetrating underftending," or his Coadjutors, he affured the Hon. Gentleman of his determination to bring it on, and he only wondered now, when the Com pany was in fuc k a terrible fituation, that the Hon. Gentleman could make up his mind on. the fubjea, fo far as to Rate its affairs to be in pr arty. The Refolutions were then read and igree4 to. cots. The Seca ITAIT atWA I brought up the Seveith Report of the Committee on the High Price of Provifions. On the motion that it fhould lie on the table, Lord Focasrona gave notice, he fhould on Fri day next move for leave to bring in a Bill for the better regulating the trade of Corn Fadors. The SICISTAILY at WAt obferved, the Com mittee had turned their attention to that fubjea. Lord FoLesvon a raid, he did not perceive in the proceedings of the Committee any thing which im mediately related to the point to which he wafted to draw the attention of the Houfe. He should therefore rfift in bringing forward his motion on Friday.—"-The Report was then ordered to lie on the table, and to be printed.—Adjoaned. LONDON. THIIKEDAT. Writ tr. PRICK OF STOCKS THIS DAY AT ONE O'CLOCK* ComE foe evoke fof 11.41todwell 601—.4 pee Cam flo New S p Cast. 93.1-00oriere Demur. Joan tes.-.-Priee elf tab 3 per C. Ow. Deb. pee Ceise.lll*.ijailit 9a" as* of Imasorgo—Debtla ai &Amin Ina}. . . Yefferday after oar Paper was at m il, we to; 1 eeived Paris Journals to the sill lailufive, 6041 which we have, in the preceding tehlmns. even I very. thing worthy of notice. The lifaiitar con. , time to throw out fpeeulations on thecbmitakenfil motives for peace between France and Etsgtanii On dais fobjekthat paper now conllantly (peaks in . the name of ade IlTsu r To politicians, the whole article will afford much matter for (peculation. I If the letters from Moine are to be credited, the' Pore h a s made an offer to give - up his temporal' , dominions; an offer which probably has been fug - gelled to his isfedifiiio by a fuperior Power. It is.faid s boaever, that the majoftty of the Cardinals] ippitied this projea. Neverthelefs it is fuppolbd that the French troops will fpeedily be at Rome o and if it is confidered what definable in , the. Papaldominions *old offer to romear Silk Prisms who have loft their dominions, asti - 40 4 much it would tend to remove the ' - 1 the peace of Luneri ll e , it teems proballedia ' expedient will finally be adopted. , k t-tlffhellb ?yen mention Glass further particulars if * :Mipaigtt as the fide of the Spaniards eiii!ii fang Z very thing items to indicate the intendilanf the enemy td occupy the whole of ;hat Tke Nolts flea Egypt by Tile& defirve little credit.. ' "Imre front Conftantinople are not later than A l iases. received here, and only Rate what ire are Ape is true--that a clo(e blockade of Ales ' andria and the coati of Egypt will be kept isp by Lord KIM!, to permit die arrival of (account from France. If there be any troth in the may reports is the *nip jeantals. BOSAPIATS has within duet faSeintelhillatt lime Tads &ma the Span& ports laden' ' &ores for Egypt. The from Madrid. dated _...is liz rads had Wed Alimatt. Great naval pie. Spain to Awed the , PORTSMOUTH, JUNE sa. The Lady Penryhm BURG!,, from London for Grauda, which failed on Sunday with the'con voy, is put back again and come into harbour with her fide Rove in. having been run foul of by the Nancy of London. near the IDe of Wight. FROM LLCMs C 481% DEAL, JUNI 34.--Satiled the Maatim;tareirrlfcl on a cruize.—Wind E. N. E. * , CLEVES/ND,. JUNE a4.—Pared —Pared the bee —,from Gottenberg ; Vrow Martha, jor•e ; Potfdam, —; jouge jaw BeAssr Van --- Ralli day, ; Commerce, • Viet& Etta. &rims ; and Charles Patrick. 01;sw, from Rix terdam.—Sailed the Royal Georie, Baot'tsesz, for the Cape of. Good H ope s row Margretta, Jacobs; Vrow Adreana,—; and Spate, Pima. for Rotterdant. HULL, JUN! is. The George and Mary, Hurcata% ban this port, is arrived at Q ebee. The Sekkelina ire Forum ; Twee Ackerman, Ju en sits ; Moth from this port, or ar. sired at Hamburgh. • Yellerday morning _the Grips for Hamburgh, Bremen, and Embes, failed frost Whitehall's roads, under cone", lithe Vivarrs brig cutter, Lieut. Gosuvf ; ,but are fuppefed to be yet to the Humber, the in pd being contrary to their progrefs. On Friday morning orders were received here, for the liberation of the twelve Swedilb merchant men, which were detained at this port under the late embargo. The Bell and Betty, Hass Isaac, a Danilh ver. fel detaiped at Scarborough, was on Saturday re. leafed from the embargo, and failed for Newcaftle. The French Government have granted parimu for his Majeßy's . lhip Invssrsorroa, Capt. rl.lll. alas, aboutto fail on a voyage Of clifeoVery. The Lady Nelfon, Lieut. GIAIIT, Commander, it to. attend the Invitsvioavoa, in matictrfurveys of the Coail of New South Wales. , Advices from Conliantinapte,•of the oath et Hay, fay, the left letters from the Moreaennounee the arrival on thole coafis of a fleet, which they be. bete to be French, direaing kfelf to the South Eafia Its objea is (uppofed to be Come eaterprife :pink the coatis of Greece. The brig • Dragon, FILIIIICI. Teruo. lately arrived from the South Seas, I(land of Afeenfion on the 24tis of April turtle ; found a long boat hulled on the and eight people procuring water, lately ing to the Crefcent, of Liverpool; Captain Roast, Currs ; they left the coati of Angola on i March, ob the 2ed of the fad month the re& dered with 398 flares; the Captain, Dotior, to of the crew, went for Barbadoes with a decked coppered hiongloat. The chief mate, fecond third, and five people, failed from the Ifland .Afeention on the a6th April with an open boar coppered, bound for the coati of Brazil. plied only with bread, water, and a little felt pro. vifions. Their Menirria's and the Prinoefes Avow r& and Eaiseurn yeaervlay came from Kew Palace to the girlie's hoofs. Tk Lino on his arrivelr. held a Council lif his Minitiers • when his Worn' ' *as pleated to confer the honour of Km:glathoollr On CODIINGTOS EDMOND CARIIIIIO7OII 9 Efq. 11/1/1/.., Sir C. EMIUMID CAllIOOTON; on his beils wpm. pointed Clef Jolliet of the Supreme Court Jo.. dicature in the Mend of Ceylon. • • • I The Commander in Chief in Ireland has bete; pleated to applint LiestenantoOokinel A. F. Bice. wirm,..of *ell& mho"t of foot, to be,his Se. cretary; and IMMO* IIML•C•i0Old SIDI BY SC 11013011. of the Kir Own Infantry; Captain M6llllll Toe's** , she gth 'Dragoon Guards; Captain Towles Y001143111:11BOIIIN of the 7th Dragoon Garth; and Ciptaina..drd t'IIDkIIICIL Bear swat., of the r4th FinaooK to be his Aides de Camp. IN Colonel the Honourable ALIXANDIR Hors is appointed Acsutant-General in Ireland, vice W.. jor-Getiefal NUGENT, ref. East-Inita Hposs.--i n cl e trday ti Olallerl7 General Court of Proprietors of Ea-India lot& afkmbled at the India-Honfe, purfuant t 9 DOOM Send for that purpole, in order to declpre a difk i fl dend on the capital (lock of the Company' .f Chrilimu WI, when the fame was declared to five and • a quarter per cent. The Court ih adjourned. CITY Business.--Yefienday the Right Honour: * ablee Loan AYOI held a Common Hall, • ing ld 'dfummer-day, for the dollies of Sheriff; and other My Officers. for the yore Wizztam Itawtess, Efq. Citizen end r?' s9' and ROW? ALBION Co:, ea t athillil t frnith, woe unanimoufly lllec Cum' Efq. Citizen and jobser. *as eleftelChamberlain ; and the SW ' rers the fame as lati year. The Changsselein, dm, adoarneosnt of the Common Hall. was (worn into Her Grace the Ditchers of /4ARI.BOROVON'S &A party for dude two years was given on Monday &mom in Pall-mall. The door and the front of the bouts nem et tht t i net farden were illuminated with . beautiful vari damps, in a variety of fanci.l. ful forms. coos cof wreaths. (aeons, &c. The internal decorations were chrytial lamps and than, . defiers. At ten o'clock the company began to alienable; at eleven all the falliionables in tows , met, not lets than three hundred being prefect. *moo( who.. were the Dake of Bucczavon. , Duebedin alit/eczema so, Devon sagas, sad Dow von, Marchimeffies of BAY*, Countefes of Cat., MIX / HAIIIIINCITOI4 CONDOM, and CE6T11,414 Vi1C01161:11 Mearrrit and Donaeason, V totes D171113A1111011 and MORPIIII 9 and 111011T1C1011 UMW, Bylaw, and STAO*OII , I. In the C ommunity i of Pommiers. the treat.of Iferes, lives a compeeter, who enjo i ; e s Pl a health and &rend), at doe age of 1 is years. His tide& fon is tiz ;his (mood fon Se; his only des's& ter iSs. The father is now the Rom & and henlo thieltperfon of the family. Oi: ....• - . _.._ Z h u a e - ti = every year nose pen wore oressuso as was m ...-. ___ ____ rell as he aillehe to hy that hide kid boo at war hue poets laden with troops and iko i sms h a d hi l m od ellill lean lade bed bees ill 0,,,i,,, a , jam. at as snick i N UN% sod steder it the yr of that peeled, .. _ A LA N ., „ A .A.. pay :6, hese Facility dot ~A t due be left I* &us i'm T l MlZ e ir the p ow ijaira nis T e r a T a jd frees daredeest eel Areaat. Lbe is t whbad he tig* armee t WA J kip bit Imuldsilf_ _ raw thenthellei the within en carded on le 4‘ s ets ug OW IP Me m 414aie iiiclON.Ceisir CertiiA. .. - % . - . F 7 5711 ,1 . , r. i j. I. I " I , , i '1 t.