The Sun. — London, England, 1803-03-15 00:00:00

on the contrary, their feelings should, instead of despondency, be those of exultation. The Duke of NORFOLK, in the course of his observations upon the subjed, expressed his dissatis fattion at the measure which had been adopted, as falling short of the objed professedly in view. He thought the Heir. Apparent should be enables, not only to live in ease and affluence, but to display a . splendor superior to that of the richest private Nobleman. He seemed impressed with these con. Siderations so fully, that were it constitutionally re gular to originate a Bill of that description in their Lordships' house, he would he induced to propose the rejtaion of the present Bill, in order to bring in one on the principles he had alluded to. The Earl of CARN ARYON spoke at some length, and in some degree took a similar ground with the Noble Duke. He strongly expressed his disapprobation of the Bill, conceiving it not to be one formed upon the genuine principles adverted to in His Majesty's Message ; it was rather, he • thought, in its operation and effeEl (with a reference to the arrears of the Dutchy), a Billo for paying off, a part of the Civil List Debts, Szc.' Pursuing this line of argument for some time, he concluded with expressing his dissent from.the Bill. Lord PELHAM spoke in explanation at some length. He contended, that the Measure in ques tion had nothing to do whatever with the Civil List, The money alluded to by the Noble Earl bad been wholly applied to State services ; for his phrt, he highly approved of the course adopted ; the Noble Secretary observed, that a direft intet ference on the part of Parliament in the concerns of - the Royal Family was at best but an awkward thing. He thought all proceedings of that kind should always proceed from the latter quarter. In concluding, he expressed his approbation of what had been stated by a Noble Earl (Mom's). The Earl of CAN Mt VON explained. The Earl of MOIRA spoke also at some length in explanation, and scouted the idea of any thing of the natute of a compromise having taken place—.with as little propriety, he observed, could the Bill be consi dered as in any mode paying off the Debts of the Civil' • List, or of the Crown, as it had never been at 'any time, or by any person considered, that the Revenues of the Dutchy, during the interval in question, had been applied to the private uses of the Sovereign, or to the purposes of the Civil List, 'but that they had been applied to public exigencies of State. Had it been a question between His Royal Highness and the Sovereign, Parliament, he observed, would have never heard a word upon the subject ; that illustri ous Personage knew his duty too well, and had too delicate a sense of his situation, to have troubled Parliament with any matters respeding his indivi_ dual interests which could :died the quiet or repose of that illustrious family of which he was so distin. guished a branch. The Prince's conduct so far from being regarded in the light of a compromise, or wearing any appearance of it, should be, and truly, , is regarded in the most dignified point of view, and as A spontaneous aa of magnanimity on• the part of the Prince, who never wished for the possession of those arrears, with any other view than to enable' him to pay off those demands, which he felt it in. curnhent upon him, in duty and in honour, to dis. etarge. The Earl of SUFFOLK shortly expressed his opinion,' that, considering ;he comparative value of money at the periods of making the arrangements for the Establishment of His Royal Highness, and those of his Royal Grandfather, the Income of the former should be double what it had been made, The Bill was then read a second time, and cam rnitted for to.morrow. After which an Adjournment took place. HOUSE OF COMMONS. MONDAY, MARCH 14. :Tut, Sttaxaft. took the Chair at. three o'clock, when much private business was dispatched: Several Me r mbers were sworn in and took their seats. Several Members also had leave . of absence in consequence o f i n disposition. Lord Eus TONi Chairman of .the Committee appointed to try the merits of the Dumfermlin elettic , n, stated that 'Phallus Trotter not having attended as a witness to the said Commit tee, the !louse had granted a warrant to take him into custody, but as he had not yet been found, his Lordship moved that the Serjeant be called to the Bar, in order to ascertain what steps had been taken'to find the objc of his warrant. The Serjeant was accordingly called, who said, he had de livered the Warrant tog= oUthe Messengers of that House. Mr. Heard on being called to the Bar, gave a very distind account of his journey. - --The House then ordered the SerjFant at Arms to take further steps, to enforce the execution of the Warrant. On the Coroners' Bill being read a that time, Mr. BYNC, moved a second reading this clay three weeks, which was agreed to. Mr. VANSITTAIeT moved, that there be laid before the House an account of the quantity of Wool exported from this Country from the year 1790 to 1802, distinguishing the quantity of each year ; also an account of Cotton Twist ex ported, from this Country Lout 1790 .to 1803, distinguishing each year. The' Scc a S.TAR Y AT WAR moved that a Committee be appointed to estimate the expences. of (loathing the Militia of this Country, which was agreed to. The SECRETARY at WAR said, in consequence of the notice of Motion he gave on Friday last foreonsolidating and utnentting the Militia Laws, particularly so Minch of them as applied to the support of the. Wives and • families of the Nlilitia-Men called out into :lama service, he observed, it was his particular, wish that the CRT/Cove arisingfroni tale mintenance of those persons, should be defrayed by the County, instead of the Parish, anti if there was fr a ud corn. mittedby a Substitute with respect to his number of children, fie should only receive support for one.—Leave was granted . to bring in Btl l. Mr. stmvp/mrmoved, that' Mr,MAINWAR. INC Rev.. , the e ßev.. lx7 W/NKF /F E D , and',). Wig.kr/nr, who have complained of an undUe Eledion fur the County`of Middlesex,- should be ordered by the House to bend in.a' List of the Persons 'who have polled for Mr. MAI t4WAIt I NG, together with other Member ; and .th at t h e objedions to the Sitting Sitting ,m ern b t r be ordered to send a List of the Persons who polled for. him, on or before the 7th of April:: ROBERT BUXTON said, he thought ,the time mentioned by the Hon'. Gentleman, was too short,for the preparation of the List now called for, as the Committee would not sit till the 2tst of May ; he therefore did not think, there was time enough to prepare the List. Mr. SHERIDAN said, he never heard such a strange objedion as the Hon. Gentleman had just rn,dc; he did not see much difference as. to the length Of time, between the 7th of April-and the in,t of May. It- was now seven months since the time enough NO been granted to each party, to be teddy with every thing conne6led with the Middle: sex Vehion. Mr. BRAGGE said, it was a question of doubt with him, whether the merits of the Middlesex Petition could be tried this Session, anti as an Hon. Gentleman opposite to him had very properly ob served, that the House could ballot but two Com mittees a week, he thought the Middlesex Peti tion could not, at all events, be tried till the zd of June. He believed that the time generally allowed 'fir the exchange of lists was a month ; under all these circumstances he thought the first of May a period that would not be objefted to for the de. livering of the lists now moved for by the Hon. Gentleman. Mr. S HERIDAN said, that Mr. MAINWAR I NG'S Agent had called on Sir FRANC IS BURDETT'S Soli citor, who agreed 'to the 7th of April as a period fur the delivery of the lists. Mr. FOX observed, that he had understood from the CHANCELLOR of the EXCHEQUER, that only two' ballots a week were to take place prior to the Holidays, in consequence of many Gentlemen hav ing to attend the Sessions, and other public business, which rendered it inconvenient, nay, impossible for them to pay close attention to the business of that House,. till after the Holidays. The ballots, he un derstood, were then to go on as usual. ' After a few observations from the CHANCE LLOR of the EXCHEQUER, the question was put, and the first of May was the time agreed to by the House for receiving the lists of each party. The Croydon Iron Rail Bill was' read a second time and committed. INDIA BUDGET. Lord CASTLEREAGH moved the Order of the Day for the House going into a Committee on Ac counts presented respeding the East India Company. The House having .resolved itself into a Com mittee, Lord CASTLEREAGHsaid, that the Committee would'be aware that many of the observations which he. had to submit to their consideration, respelled the Accounts which had been presented to the House List Session. The Accounts for the List year had not yet been received from India, otherwise it would have been his wish to have .brought both the Accounts under the consideration of the House at the same time. But as the House must wish to know the present state of the affairs of the East India Corn. pany, as they must he naturally anxious to know what measures the Finances of the East India Com pany would enable them to take for the liquidation of their Debt, he should with the permission of the Committee, proceed to call their attention to the Accounts which, as he had before stated, 'were laid upon the Table of the House in the last Session of Parliament. The alnirs of the East India Compny naturally,divided themselves into two classes, viz. those abroad and those at home. Their affairs abroad. were divided into three distinEt heads, namely, t st, the Revenues and Charges; 2d, the extent Of, and Provision for the Investments ; and, 3.1, the State of their Debt and their Assets. With resped to theßeventies, he would state them first upOn an av , :t . age of three years, compared with one year preceding ; zdly, he would make a comparison . between the estimated amount and the aftual amount of the Revenue of the List year ; and, idly, the estimated Revenue for the succeeding year. He should, therefore, now proceed to state the Re venues, Charges, and Estimates with respen to BENGAL. Revenues—Average t 798.9 to tEoe-t, 6,436,807 More than Average last drawn, • 289,776 Estimated for 03004, ,339 , 2 o 3 Actual Amount, 6,658,334 More than Estimate, 310,131 • Charges—Estimated for 1800-t, 4 , 4 2 „ 2 , 0 4, Aetual Amount, , . 4,750,611 More than Estimate, - 35 8 ,5 6 4 pedal Excess of Revenue front'Excess of Charge, the net Revenue is less than Estimated, 19,433 And the net Revenue for 1800- I, is r, 8 77,7 2 3 ESTINIATES Revenues, -7,0 s r, ;64 Charges, - 4,532,2°1 Net Revenue, 2,468,963 Revenues Estimated more than in 18•0-t, - 39 2 , 8 30 Charges ditto, less ditto, 198,410 • Net Revenue Estimated for 1801-2, more than pre ceding year, - - ' - " 59 2 , 2 4° The Committee would observe from this state ment, that the estimated charge for 1800-1, was 4,422,0471. and that the actual amount of the charge was 4,780,6111. making a differehce be tween the aftual and the estimated charge of 358, 5641. As the Officers of the Company had always strewn great accuracy in making up the Estimates, and had been particularly cautious not to mislead by over-rating the Revenue, he wished to explain to the Committee, how it,happened that there was this 'excess of the actual, over the. estimated charge, and to shew that there' was no ground for impeach ing the accuracy of the Officers who had prepared ' the Accounts.. In the first place, these Estimates referred to a period of war,' and every body must be aware of the impossibility of strk accuracy and precision in Estimates during war. But, in addi tion to this, he begged to state, that in the year to which he was alluding, the Expedition to Egypt took place, which certainly was not. in contemplation when the Estimates were made, and from this cir cumstance there would be found a difference .be. tsveen the Eitimates and the Atha] Charges in all the Presidencies. He then proceeded to state the Revenues, Charges, and Estimates with re gard fa Madras, but,' in doing so, he begged to apprize the Committee that the Estimates and Accounts related only to the old. Posses. sions annexed to chat Presidency, otherwise it would be impossible to make- a comparison between its present and its former state, because from• the accession of Territory and Revenue,. not only by ,the conquest of the Mysore, but by Treaties with the Nizam, an average of the aggregate of the Re ceipts would not constitute a fair ineans of compa rison with any cornier period. , Having trade this The Average of these Revenues, from 1701. g to 1800- was r,635,A8 Which exceeds the Average on the Years 1797 , 8 to 1799.t800, - - - 82 ,734 Eitimated for 1800- t, - . 3, 2 77073 Actual Amount, 3,540,268 !tee than Estimate, . 263,195 Charges—Estimated for tgoo- t 3 , 7 6 5+9r3 Actual .aimount. - 4, 2 93,3 io More than Estimate 5 2 7 , 397 --- Dcduaing Excess' of Revenue from 'Excess of Charge, the net Charge is, more than estimated 264,202 And the net Charge of the Year 1800-1, is 7c3, 0 4 1 ESTIMATES, 1801-2. Revenues, 39,040 Charges, 4659.3 IT Net Charge;" 660,271 Revenues est;mated more than aaual, tgoo-r, 35 8 ,77 z Charges •ditto more than ditto, 266,000 Net Charge for 1301-2, estimated less than the preceding Year, 92,772 The Committee would see from this statement, that there was a greater difference between the estimated and atlual charge in Madras than there was in Bengal : this difference arose from two circumstances, first because it was principally from this Presidency that the Forces were sent upon the Expedition to Egypt, and secondly because there was a great interruption in• the tranquillity of the Southern Provinces, occasioned by the Poligars, which caused great additional expellee. With regard to the Revenues and Charges of Bombay, he wished to observe, that the Transfer of the Malabar Province to Madras in July z Soo, having greatly reduced the Receipts at Bombay in the year 1800.1, an average on the gross colledions of three years, could not properly be drawn for a comparison. In this case it was also proposed to make an adjustment, and take the average, excl'ud-• ing the Revenues of the Ceded Countries, which was, From 171i8-9 to 1800-i - - It r,Bg2 Which exceeds the average on the years 17971 to 1799, ilioo 24,767 Estimated for Loo- r 3 00 ,475 ,dual amount - 286,457 Less than Estimate C harges—E st hnated for 1800. Actual Amount • • More than Tstimate 1 4, 0 ig 1 , 0 3 0, 99; 1 6 2 90 7b 298,183 Add' Deficiency, of Revenue to the Excess of Charge, the net Charge is more than estimated 3 ti,zo And the Net Charge of the year tgoo- - 1, is ,ESTIMATES, 1801-z. x,04Z,7 1 v Revenues 271,8zs Charges 1,18ii.30g Net Clieges Revenues estimated less than ado. t Charges ditto less than ditto having stated the maq,nitede of the Deficit, the Committee would not be surprized that the amount of the Inve s tments was not so great as it might o'herwise have been cxpcdcd. The next subject which he wibbe to submit to the Committee was the Debts of the Company in India. They were as follow : Amount stated last year Amount thiS year - I ncrease Debts transferred in the ycar 4.14fi4(1 , 43 2 17,674,532 3, 0 34 ,1 3 0 BbBBB .. . „ . . Debts bearing Interest. Amount last year - ,- 12,30,5 7 Amount this year - - 15035,354 Increase of Debti bearing Interest - 2,833,784 Amount of Interest payable by the Accounts of fast year r,082,04 2 Amount of Interest payable by the Accounts of this year 1,34 2,8 53 Increase of Interest payable annually 26o;8 Assets in India, Consisting of Cash, Goods, Stores, &c. last year Ditto ditto by prcsent Statement 12, 11 3 , 9 2 k Increase of Assets 544 , 3 6 9 Detina Increase of Assets from increase of Debts, the State of the Company's Atrairs in India Will appear worse by 2,4 8 9 , 7 61 . _ The next subjea to which he called the attention of the Committee was the Howe Accounts of the . A C g o g m r. a a t n e y Amount of SACS 101-2 ,C. 9050 ' W Leas than.last year ,C. I, 057,465 On Company's Goods alone Private Goods . ,Neutral• Property 97 1, 554 77,3 6 1 118,344 . . . z. 1067,45) . 10 40 0 Sales on Company's GoAs, estimat e d a t . k • 7 , ' -, ' -/ Actually amount.Al to. - ' 6,630,4 6, -- - 7,•- - Being less than estimated - 4:4T5,9 '3' The Reutipts on the S.xlcs of the Company's, 706 i ,9 0; L;oci:ts estimated at - Adnally amounted LI - - ... - 6,30'19z • Being less than estimated _ Szs,/z 5 Charges and Profit on Private Track estimated at Pto. °° ,° Aettiatly,amounted to -193•5 v, Being more than estimated' - 3C • 93,563 The Balance estimated to be remaining in favour on the Ist March, tBoz, amounting to .4 86 410' would by the admit Accounts have been considera.._ bly against the Company from the disappointment in the receipt on the Sale of Goods, and. froni de ferring the disposal of.the Loyalty Loan ; but front some- additional ReceiPts _on.' Profit. on' ..Pstivatet Trade, and from Government for Stores, &c. % Orb postponement of - theTa'yment of the Debt to-the Bank, amounting to Soo,oool. the Balance on the Ist March 18oz, although the Supplies to Indli and China exceeded the Estimate, upwards ioo,oool. still remained in favour, to the miring of 168,7;91. being less titan estimated 317,9711 ! The Estimates for Boz-3 were as follow • Receipt for Sale of Company's Goods 4.6,50 pi&: From the small .Balance at the corn mencement of the, year, and the.o. • tensive Supplies required for India and China, also the expectation of liqui.• dating the Debt to the Bank, the Ba. lance against the Company, on the Ist March 1833, is estimated to amount '••• to . 1,0405 DEBTS AT DOME. On tst March, 1801 On “t Niarch, itioz • • ;693,919 4,82 - 2, 0 ; 57103°6 Decrease ASSETS AT HONIE. On Ist March, iBpi , On Ist March, ttioz - , Z. 15,4 0 4. 7 9 16t8oloact. Increase k• 1,394)°24r Adding decrease of Debts to increase of Assets, the inwrovemen: of the. Home ConCern in this year. is . ?C. .4969.3 3 ' • ' CHINA AND ST. HELENA.. Balance at China last year ix favour 4. 1,226,079 Balance at China by the prcs.:nr Ac- • counts - Decrease 4 . . 206,5i8 Balance at St. Helena on 3c..tli Sept. 1799, in favour 4.5,366 Balance at St. Helena on 3otli Sept. duo, in favour k.7,.551 Increase T 9,486 Net decrease at. China a n d S t. H e l ena it... . tS7O4/ GENERAL. COMPARISON of DEBTS and ASSETS. Increase of Debts in India - _ ~ L * . 3,0 c 3 7 1 : 1 3a6 3' Decrease of Debts az Home - • . . . Net increase of Debts - J. 2,464,8x4 Increase of Assets in India - k. 544,3(:4 Increase saf Assets at Home - 1, 3.0,,--,44 k • 1,942:393 Dedua Net decrease of Balance in favour at China and St. Helena - 187,(42, 1,755,35 $ Net increase of Assets - Deduced from the increase of Debts would - show the state of the whole concern to be worse than at the conclusion.of the last year it the sutn2f 707,40 Which sum was subjea to alteration on the 6 11411 adjustment of the claims of the Company on Go' vernment, included in the Home Assets to the amount of 3,573;3394 making an increase in this year, under t:Ais head, of 9°0,8991, Having now gone through a general state oftlie Affairs of the' East India Company, both at .1100 16- and abroad, comprising their Revenues, Char' Debts, Assets, &c. he should now-proceed to the Committee in possession of the hest outline in his power of the. prospeai ve view of their situation. The best way that occurred to him of doing ( 1 " would be to state to the Committee, first, the c% - tent.of the lncurnbrances upon the Company, Iher ) the extent: of their means to meet these inctur• hrantes ; then the, mode in. which it was proptrie a to apply those means for the amelioration of theft i affairs, and tlieresUlt . that might fairly be expea ea from the adoption of these 'measures ; and l a stly, to state What was the expeaatioo of the public from the Company, either.__ n ,the alternative of Peace or War. In order' elucidate this subjeft, he had moved for . these- Accounts, wh n i' would put the House in po s sesslon o f a ll t h e t nate : o rial fats. And first, with regard to the Incurn; is,leerq, the Estimate of the Revenue a nd Chargl 9 1 3 , 4 5 3 1 4, 6 3 2 43,56$ Net Charge estimated for • dot-2, less than pre ceding year • • 29,A36 There then only remained ,Bencoolen and the other Settlements. The Revenues of Fort Marlbro', on average of three years, 1797-8 to 1799, !Soo, were . 698; Charges ditto, ditto, - . • 1Q6,197 Net Charge - - - ", 99,212 Supplies from Bengal' to Fort Marlhroi, Perm& estimated tor ilioo-t 52,360 Actual auwusit 156,325 Marc than estimated 73,965 Supplies estimated for 18or-z 85,340 He then proceeded to, take a general view of the Statement he had made. The result of the year t Sot colledively was as follows : Revenues—Bengal - . 6,60,33.1 Madras - - 3,510,268 Bombay . 206,457 Total Revenues k .10,051059 Charges -. Ben gal . `- 4 i 780,611 Madras " 4. 2 9313 L 0 1301111:NI -; '4329%176 Total Charges ,C. 10,403,097 Net Revenue of the three Presidencies ,C. 14, 962 Deduaed frorn.Supplies to Bencoolen, . . 156,33; _ . The Difference is k. 74,363 which being added to' the Interest paid on the Debts At 13engal - - X 746084 Madras - -212,48 K Bombay - - .135,49 dr0...........a. , i,093,96t The Deficit of Revenitc from the Territories; tec., then is - - 1,168,3z4 Deduct the Amount Sales of ImportS 493,667 The Remainder 674,657 is the Amount of the Deficit, 4fler. allowing, 'for ' the. Produce-ot the Saks of the Imports. Amount advanced for the purchase of,lnvestments, Payment of Commercial Charges, and in aid of China Investment, At Bengal I ,C. 597,6 qt -Madras 453 . ,96 IlOinbay - • 400,485 Total Advances for Investment k. 1,75;036 Cargoes invoked from India to Europe in xSuo-1, with Charges - • 1,399,033 The result of the Estimates for 1801. z collec. tively, was, Revenues—Bengal - „ k.7,05E064 Madras 3) 8 99 ,0 4 0 Bombay- 2,71,825 Total Reyenues 11,222,029 Chargs— Bag al . • , 4,5N2,20t Madras 4,559,31 r • Bombay 1,185.308 Total Charges . X. zo,3i6;gio ' • Net estimated Re venue of the three . Presidencies • - I C . 895,209 Dedudt, Supplies to Bencoolen, 84c. . - . 5.1040 The Remainder - X. 809,369 Deduacd from Interest on Debts 11342,554 Shews the net rteficienvy of the Revenues from the Territories, &c. to be Which deducted from heeStimated Amount - sc. 53.3148.5 of Sales of Imports. - - 5 6 4627 The Remainder was - £.32,04 2 And ' this was the Amount estimated to he, ap plicable in the year i 80r44: to the purchase• of In. vestment, Payment of CoMMercial Charges, &c.