The National Register. — London, England, 1813-01-24 00:00:00

THE NATIONAL REGISTER. • . • e\/ fr r Average three years 1802-4. The whole of India. London Mert:ll:in: s . . Foreign Eurore . America . . . . A vcrazc three years, 180.5-7. London Merdpnts • - •- • Ivy rarretidrtadeitm tlttir sentimeztar -*fluted the- Court, his object . was merely to submit facts to their consideration. He expressed Meat veneration for the East India Company, and warmly panegyrized their establishments in I stain, which for efficiency and correctness, were, in his opinion, superior even to the establishments in this country. He endeavoured to call the attention of the Court to what he conceived to be the real question before them. Government bad required as the conditions of the renewal of the Company's Charter, the opening of the East India trade to the outports, and the transfer of the military forces of the Company to the Crown. The Directors had implicitly conceded the extension of the trade to the , outports, but endeavoured to stipulate. that the imports should be confined to the port of London. Now the question was, whether or not the extension of the import trade to the outports was of such tin. portance that it ought to be sufnr: d to put a stop to the negociations. lie would have recommended, that Government should be asked, how far, it this were conceded. they would guarantee the dividends and hecurity of the East India Company ?—(AppLuse.)—The Directors ad acted otherwise, and after several conferences, had published in their resolutions of the 18thof December, what he thought might be regarded as a kind ordefiance ' to shew Government that they were de termined to pursue a certain tine of conduct, whatever determination 'night be cane to by Government. He meant no offence, but he thought no advantage could result from this in the negociation. It Was the duty of Government to attend to the representations made by the outports, In his humble opinit n, Lord Iltickinghamshire in his letter, of which so much had been said, had only told them—" You seem afraid the revenues of the country will be injured by the pro posed change, we think there is no reason to apprehend a loss." 1 his opinion was supported by Commissioners appointed to empire into the subject, one of whom had told him (Mr. Hume), that there was more smuggling carried on upon the river Thames, than any where else. The conduct of Lord Buck inghamdiire in attending to the de puties from Sheltie! I, Manchester, and other places, he thought per . Seedy natural and proper. He could see nothing in I.ord Bucking.: bamshire's deter so very offensive, as it appeared to some persons. If it were so very much to be complained of, what was that which bad been received from Mr. Dunda', March 24, 1793 ? In 1793, it had been contended, that as much of the Indian trade was carried on by private merchants as they could carry on with advantage. It amounted thou to 181,7101. In 1798, bowel!, r, through the further opening of part of the trade, it was found to amount to above 800,0001. At this period, however, a new enemy appeared, that enemy, which atter long sucking our blood, now brought it against us—America. Then it was that those who now oppo s ed any change being made. • asserted tno;r right to participate in the trade to the East Indies, and . called on tire Directors to permit them to take it out of the hands of the Americans. It AmerOu had not been enalakd to supply foreign . nations, our own mei( Kant, avGuld have re-shipped their imports, and carried on that trade w!lich had been carried on by America. By buffering A nicrica touts y it, we bad lost much strength, and givm it to her tc break our own head. Exclusive of other advantages, we. had thus given her 20,0ud sailors. On loz,ltng to the statement re. • cently made by Gallatin, it would be seen that 1 300,000 of dollars she had gained t•, carry on the war against us, by our thus gsving her the carrying trade. He prr,ceeded to .thew the comparative value of the exports made at various periods. The average of tear years, 1795-6 and 1798.-9, was as follows : La. cs of Rupees. Exports made by the London M. %Nuts • . 60 i-4ths. Foreign Europe . 26 3-4ths. A merica . 19 Average of the three years 1799-0, & 1901-2. Exports of London Merchants • . 91 1-3 d. - foreign Enrcipe . 29 "2 -ads. Anicrica . 48 1-half . 127 . 42 . 53 I•half. _ . . ------ Foreign Ei,r;.pe . . . . . 28 - America . . . . . . . 83 The lack of ropees. he sated, to be equal to 10,0001. Snell was the increase of the Anierian trade, ‘i hen the foolish measures of this Ame ricair Government interfered With it. In the years 1809 and 10, not widistandiriv the partial ob.,t , ictions experienced, the exports of Ame rica arainatted to 68 lacks of rupees, and our own but to 74. Means • ought to be taken to secure more of the advantages of the trade to this country. Every one must recollect, 111.4 it was predicted the non•irn portatiou Act of America must ruin this country, but those who looked narrowly into the subject knew, that she exported not for her own eon son-option, but to supply other countries. And what countries did she supply ?--our own colonies, the Spanish ll.iiii, and South America. The total 'dour expor ts to all parts of America were— In 180 . . . . . L. v 0,004,125 6 . . . . . . .24,7573,112 . .. 7 . . . . 2:3,451.7J8 . . JAN. 24. The Nou itopurtitiou Act era} .passed,. and viltat.w•a% the result ? The exports to the United Stites fell in tlie next year 1808, to .1302,3661. Then it was said, England was ruined ; hut it yeas found thdt her ex• ports to the West Indies and other parts of Americo, were raised from about 9,000.0001. to is,ouo i pool. Here then wns a positive change effected in the course of trade in one year. In 1809, the exports to the Unitcd States . lo other palls of Atucrica . L. 7.460.703 . 19,833,69 d Making a total of 1?.7,4191,461. In 1810, the total amount of our exports to all parts of Anier . ca, ex. ceeded 28,000,0001.—Fr om these !statements, he thouselit it would he seen, that the course ut trade could be changed without ruining the Merchants. No power in Europe or -Asia, nu power in the world, cr•uld interfere with the commerce GE Great Britain. But was it to be allowed, that tbreign states should_ step in and del. rive this country of the bene fits to be derived from those porSsessions, on the acquisition of which so much blood and so much treasure had been expended ? Ile rueant to show, that the City of London would actually be gainers by having the trade to India opened to the (imports of the Kingdom. This he proceeded to di), by making a variety of statements in which great knowledge of the s ihject was displayed, mid which we are sorry our narrow limits exclude for the preseot. Ile contenicd the India Company had not fulfilled their engagements with the public, thought the terms offered by Government were such as ought slot to be rejected. Ile concluded by moving an amendment, winch went to do away the original resolteions, and to express acquiescence in the propo sition made by Government. Mr. W. KEEN is said, monopoly in ordinary cases was detestable ; but in such a case as the India Company, it'was a benefit to the country at large. lie concluded by moving. that the Court blimild mijourn. After a few remarks from the Chairman, Mr. 3.4.cssoN, and Mr. Huss E, the Court adjourned . until Friday. On Friday the di%cussion was resumed, when Mi. R. Grant, Mr. inapey, Mr. 11. Twis‘, Mr. R. Jackson, and whets, entered into the subject at great length. The statements made by Mr. linme were much commented on. His facts "ere genera:ly admitted, but the in ferences which he drew (roan them were de• led , and it was asserted, that conclusions diametrically eis t msite ought to be deduced front them, as they fully proved, that the Company which had acted so well, ought safely be trusted still, and ought not to lose its priviieges.—Atter a ong debate, the Court adjourned to Tuesday. 44 r 1 .... . - • . 60 . THE NATIONAL REGISTER. JAN. 24 . - ........p, ...........: . vivic:reidruidertm their sentimentvateauted the Court, his object : The Non iinpertition Act wee .passed.. and wlutt. was the result ? The was merely to submit facts to their consideration. He expressed exports to the United States fell in the next year 1808, to 5302,3661. Meat veneration for the East India Company, and warmly panegyrized Then it was said, England was ruined; hut it wits found that her ex. their establishments in I triia, which for efficiency and correctness, ( ~o re s to the West Indies and o th er parts of America, were rai s ed from were, in his opinion, superior even to the establishments in this about 9,000.0001. to is,ouo i pool. Here then ens a pesitive change cluntry. He endeavoured to call the attention of the Court to effected in the course of trade Li one year. In 1809, the exports what he conceived to be the real question before them. Government had required as the conditions of the renewal of the Company's to the Charter, the opening of the East India trade to the outports, and the United States . . . . L. 7.460.703 transfer of the military forces of the Company to the Crown. The 'I ti other pails of America . 19,833,696 _____ Directors had implicitly conceded the extension of the trade to the , . . outports, but endeavoured to stipulate, that the imports should be Making a total of . . . 1?1,4191,-161 , confined to the port of London. Now the question was, whether or In 1810, the total amount of our exports to all parts of Aluvr . ca, ex. not the extension of the in.port trade to the outports was of such im. ceeded 28,000,0001.—F10m these statements, he thouyht it wo u ld ha portance that it ought to be sufnrid to put a stop to the negociations. seen, that the course of trade could he changed bvithout runiing the iHe would have recommended, that Government should be asked, how M erc h ants . N o power i n E urope or : sin, nu power in the world, ceuld far, it this were conceded. they would guarantee the dividends and interfere with the commerce of Great Britain. But was it to be allowed, security of the East India Company ?—(Applise.)—The Directors had acted otherwise, aiul after several conferences, had published in that tbreige states should step in tind depriv,c this country of the belie- i . their resolutions of the 18th of December, what he thought might be fits to be derived from tho.e poi;sessions, on the acquisition of which so regarded as a kind ordefiance ' to shew Government that they were de- much blood a n d so mu c h treasure had been expended ? Ile meant to tertnined to pursue a certain tine of conduct, whatever determination show, that the City of London would actually be gainers by having the Might be cane to by Government. He meant no offence, but he trade to India opened to the outputs of the Kingdom. , : thought no advantage could result from this in the negociation. It This he proceeded to do, by making a variety of statements in which was the duty of Government to attend to the representations made by great knowledge of the s ihject was displaled, mid which we Ire sorry the outports, In his humble opini, ii, Lord Etuckinghamshire in his mini narrow limits exclude for the present. Ile:contenicd the ~.., letter afraid the revenues of the country of which so much had been said had only told them—" You seem India Company had not fulfilled their engagements with the public, will be injured by the pro- . • , _ .• ••• t_ t dumeht the terms offered by Government were such as onfht not to be EAST _INDIA CHARTER. On Thursday, a Meeting of Merchants, Traders, and others in terested in the Trade to the East Indies, took place in the Egypii in Hall, at the Minsion House. Th.: Lord Mayor in the Chair. The LORD MAYOR Opened the business. The resolution of the Committee appointed to conduct the busi ness calling the present Meeting was read, and after this the draft of a Petition to Parliament. The Petition !saving been read ; Mr. H. SMITH said, there were in the immediate employ of the Company, not tower than 30,000 persons ; and he thought, taking the aggregate of their families, tradesmen, kc. directly or collectively connected with them, he mi ght treble their number ; and, indeed, assume, that from 100,000 to 150,003 persons would be injured by the removal of the trade. He then noticed the danAers to be appre hended from a great influx of Europeans into Asia, panegyrised the establishment of the East India Company, and observed, that if in terlopers were admitted to settle there, the same scene might . he acted as in America. The population of the Company's territories were said to exceed sixty millions of souls, and he would ask. ought the tranquillity and interests of those indivir!ual to he sacrificed, to give to the outports a participation in the trade to the East Indies. Mr. Bisszr seconded the Petition. The question was then put and carried. A series of Resolutions ‘ve-e next read, declaratory of the appre hensions and sentiments of the Meeting Mr. WAITHMAM hardly knew from the advertisement calling the Meeting, whether he might be permitted to otter his sentiments,. as some objections had been made on a similar occasion to the expres sion of scntiments'not exactly agreeing with those of the persons who had called the meeting. Mr. TwiNtwo- wished the advertisement which had called the meeting should be read. The present meeting was called for a special purpose, and those not favourable to its object would not of course support the Resolutions proposed, or sign the Petition.—.(Ap plause with a few hisses.) Mr. mislay said, it seemed he was right in his anticipation, but he was sure his Lordship could not (because it was inconsistent with his duty to the City of London, in whose Mansion !louse he