The Express.
London, England, 1862-07-18 00:00:00

• i
THE EXPRESS, FRIDAY ETENING, JULY 18, 1862.

Isek of companies to lay out money in lbstlM if ilbiedriTetuad
that each undertakings paid high divides& He tat toted
that the right hon. gentleman would encourage More than
he had done the laying out British capital in India. He
would thereby do more than by any other means to promote
the growth of cotton in that country.
Mr.SHOLLEIT admitted that great proems had been made
during last year in corning to an equilibrium between the
revenue and expenditure. He held that the house
had not sufficient control over the financial affair,
of India, and urged the repeal of that part of the Indian
Government Act which prohibited members of the Indian
Council from sitting in the House of Commons. It. also
thought • stop should be made to the practice of raising
loans for %diem the London Stock Exchange ; 43,000,00 U
sterling was far more than sufficient to govern India effi-
ciently without extraordinary advances made in this country,
and if edema's were require], he thought India was in a
state now to raise them herself. He further recommended
that there should be • sketch estimate of the reveille and
expenditure of India at the commencement of each
session, and that • distinct vote should be taken
for the number of men required for the army in India.
Another recommendation he would make was to deprive
•

the assistary of Stets and Council of Ledis from' this
power of granting any farther guarantees to private colt-
wiles ; and he intended next session to submit a distinct
motion against allowing the Secretary of State for India
granting any new guarantees or extending the guarantees to
existing companies without a distinct vote of the House of
Oommoas in each mew

Mr. OREOSON did not agree with Mr. D. Seymour that
the expenses of the Indian government in this country were
exorbitant, but concurred with him as to the propelety of
reducing the number of the Indian Council, and the desire-
bility of abolishing the clause which prohibited their sitting
in the House of Commons. He thought the accounts
might very well be brought up to the end of the
previous year to that in which the budget was presented.
He was very glad that open loans had been entirely termi-
nated in India, and treated that the public works would
continue to progress as satisfactorily u they were stated
to be progressing.
Mr. VANSITTART was glad to hear that the Secretary
of State had exonerated Mr. Lushiogton from all blame in
reference to this budget. With regard to the differences
between the right hon. gentleman Rod Mr. Laing, he knew
that Mr. Laing had had great difficulties to contend with in
endeavouring to effect an equalisation between the expendi-
ture and income, but he (Mr. Vansittsrt) had not been pre-
pared to join in the enthusiastic applause with which the
'adieu prelim received the announcement of • surplus of
9011,000/., which was calculated before the expiration of the
year, and included ten mouths of reality and two months of
conjecture.
Mr. CRAWFORD thought the remark of the boo.
member opposite (Mr. Senollett), that the right bon.
gentleman the Secretary or India had juggled the bowie, was
not entitled to weight, and was therefore undeserving of
any answer. (Hear, hear.) The honourable gentleman
was also entirely mistakes in his observations
with regard to Indian railways. The propoeed rail-
ways were required to perfect our system of communication.
He had listened with great attention to the statement of
the right hon. gentleman, and he looked upon the account
of his stewardship for the put year as satisfactory in the
extreme. There had recently been rumours of dimatidac-
tion and disturbances in India, but, as far as he was able to
form an opinion, he did not attach much importance to
them. Au long as there was • connexion between
Mena and India there would always be occasional
rumours of ill-feeling owing to religious prejudices.
With regard to cotton, he thought the government
would have acted in violation of the principles of
political economy if they had guaranteed a Axed prim for
cotton. The inducement to the people to grow cotton was
its high prim, but the price at the pressU moment was
higher than it had been for the last 14 or 15 years. The
native merchants of India possessed sufficient intelligent*
to applauds the great demand for cotton in this conatry,
and they would not be slow to bring down whatever cotton
could be obtained to the different ports for shipment.
Mr. A. KINNAIRD said he had also listened with grmt
interest to the statement of the Secretary of Stem for I
and he thought he had satisfactorily answered the annum-
tioos made against loin in regard to his metroveny with Mr.
Laing. Though the right hon. gentleman bad said that it was
necessary to maintain a large Ruropeen army is India, he
was glad to hear that he relied more for the safety of our
role in that country upon the goodwill of the mass of the
people to whom be desired to extend the benefits of our
rule. The hon. member then defended Sir Charles
Trevelyan and Sir A. Cotton spinet the attacks of hon.
members upon them, which, he said, were not of a charac-
ter that ought to have been made in that house.
Colonel DICKSON thought a debt of aratitudewas due
to the lion. member for I)umharlewhins for exposing a
scheme for the introduction of capital into India which
would not prove remunerative.

Mr. BUXTON protested against an attack being made
'Too an absent man, especially oes who was so highly
spoken of during his tenure in aloe as the late Governor of
Madras.

Colonel SYKES said that the position between the two
governments was simply one of account, and the other
question, that of taking credit for the Chinese money, it
was not worth the discuasioo it had undergone that evening.
The military expenditure was far more than was requisite.
The amount of the British force now in India was far too
great. The much smaller force in India when the mutiny
of the native troops took place broke the neck of the mu-
tiny, and took Delhi before any reinforcements arrived. It
was clear therefore that the much larger British force now
in India was quite nuneameary.
Mr. MARSH said it appeared to him that the word pce-
tilde tax that could have been imposed in India wan one on
cotton goods. He thought that a tax on ornaments, which
everybody wore in that country, would have been a muck
better tax.

Mr. PULLER thought it impossible not to feel with
regard to Mr. Laing, who had much distinguished himself
in India during the last 1$ months, that some
allowance we. to be made for his feelings when
he read the despatch from the Secretary of
State. At the same time it was impossible for
the home government not to insist on the view it took if it
was to retain its authority over the government in lodic
He thought that • great deal of coefusion arose from the
budget which was presented being only a partial budget. It
did not give a full account of all the receipt. and charges.
In that state of things it wee obviously a matter of discre-
tion as to whether certain items should be charged to a
particular account or not.
Sir C. WOOD, in reply, thanked the committee for the
general approval given to the statement which he had made.
His hoe. friend who had just sat down renewed a portion
of the discussion which be thought had been answered by
himself in his first statement, and also by his hoe. friend
member for Londan. He thought it better that the railway
expenditure to which his hon. friend referred should be
treated as extraordinary expenditure, and the releipts
would also he treated as extraordinary receipts. The loss
of exchange was an animal charge upon the annual revenue
of the country, and a portion of the annual expenditure.
In reply to his hon. end gallant friend (Colonel Sykes), be
wished to say that the charge for China of course appeared
in the accounts ; but it appealed in the shape of anadvanoe
out of the treasury of 0 .1,- Ma. It was a mere transfer ,
from the treasury of Calcutta to the treasury bore, which
the treasury here would pay him. That did not appear in
the accounts of animal receipts and expenditure, but it ap-
peared in the account of the crab balances. His hon. friend
asked him what be would do with the half million of money.
It would be a portion of the cash balances. His hon. friend
said a portion of it might be expended for public purposes in
India. It might. and he had already authorised the expen-
diture of two large soma of money on public works—one of
them the improvement of the Godavery. What he wanted
to know was how the revenue and expenditure
actually stood, in order that he could deal with
it with certainty. He complained that there had
been omitted from the charge a sum of money
which every preceding government included in the public
charge, and he was glad to find that no one had contravened
the position he laid down. Up to the last momeet he
carriedtwitro°. correspondence
anrl bein the
greatest
:gear: regret
.
maintaining a point of principle, he had dons
anything to give pent to Mr. Laing, to whose public
services he was anxious to bear his willing testimony.
He would further observe in reply to the remarks of the
hon. member for Dumbartoe (Mr. Smollett) that the rail-
way works in India had been stopped or delayed in
order that the money might be used in this country for
other purposes, for there had always been large credit' for
the ine of railways in tide country. In regard to the recall
of Sir C. Develyan, though be deeply regretted that be
had felt hinted( obliged to act as he (Sir C. Wood) had
done, yet he had always in the painful performance of that
duty borne testimony to the great ability and industry of
that gentleman. The right hon. gentleman, in conclusion,
said; he thought he had noticed all the point.. which had
been referred to by the hon. members, bat lie would be
glad to give further explanation if it should be news-
miry. (Hear. hear.)
The formal resolutions were then agreed to, and the house
resumed.

LUNACY (SCOTLAND) BILL.
The LORD ADVOCATE, in merle; the consideration of
the Lords' amendments to this bill, said that he had hoped
it would have passed the House of Lords, as it bad passed
the House of Commoes„ without much controversy. It
all the stages up to the third reading,
tait"dut that stage of the bill an alteration
was introduced without notice, and when most
of the Snitch members bad left town, which entirely
destroyed the character of the measure. The bill as it left
the Rouse of Commons was a bill for continuing the board
for two years, but an alteration was introduced which would
completely destroy the leOlation of 1837, from the want of
machinery to Garry on. he bill bad cane beck in the
midst of a fire of artillery from out of dome greater than he
bad ever recollected in regard to any Scotch mea-
sure, but he denied that any imputatiou rested upon
him, or that be bad been guilty of any breach of faith.
He had not been guilty of any breach of armagement in
taking the 22nd clause out of the bill. It was pat eat after
full discussion, and its omission certainly did not mope the
attention of the great majority of the Scotch members.
There was no understanding that he should podia a &nun
repealing the provision of 1837, but (mite the reverse, He
fait that he bad no other alternative than to move new
that the Lords' amendment on this imbject should eel be
agreed to. The noble and lmmted lord moved that the last
amendment be not agreed to.
Mt. BLACKBURN midthat anyone who wee
with the noble and learned lord must acquit hint a2:111;
t:
tendon to mislead or a•aiv., or aay breach of trust es say