The Express.
London, England, 1849-05-05 00:00:00

ASSAM COMPANY.

The annual general meeting of this company wu
held yesterday, at the London Tanen' tor receiving the
repeat of the directors. The chair won taken by Sir WY.
BATlfit, the chairman of the company.
Tke ONCRETARY read the rewire,. Item splash we make
the following extracts:
"The accounts from lindi....ffiring the past year have
primated the affairs of the comma in aa improved
aspect, sad when momate df the re of the crop'
of 1848 were received, the dinagem did not think it
adviiable to call • special ntesibg, Had the work-
ing of the concern in India hem unsatlafactory, they would
have considered it right to do so, bat they trust you wi:l
agree with them that, whilst a gradual steady improvement
deal taking place, there was no obit* or neeseity for so
after a series of years of the most Mame mad disastrous
"
management, causing as it has dem to the gemenal ffireetery
the painful necessity of frequently 14704 their die-
satisfaction of the proceedings of the • decided
shame has at length taken pleas la the maps* oar affairs,
and the general directory avail themeless of this the first
paddle opportunity of wade' the gralifisslimi whisk they
have felt from the improvement of the alike of mompany
under the recent management of the level board in India.
The general directory have keg. felt that malts alone must
be their male, if not their only, guide I. estismaung the
ohmmeter and ability of preens whe have the waled of k
businme at so great • distance se India; aid the present offi-
cers of the company in India have been the first to produce
the only satisfactory results that have been shown sines the
commencement of spiritless in Amain. They have kept
within their estimates of expenditure—they have exceeded
their estimates of produce—in a word, under the new system,
the company hes worked tot profit instead of • low and that
upon en area of cultivation of comparatively insignificant
extent."
. _ _

'flts7direetors, however, do not expose themselves satisfied
with every step taken by the looal board.
" The estimate of expenditure in India for the season
1848 wee in round numbers 10,9007.—the actual expenditure
was 10,3001. The estimated crop was 175,000 lb' —the
actual grow mop has been 210,00011 m—the net crop will
probably amount to 10,00131b5. The cross crop of 1847 wee
160,0001bn., so that the leaven in 1848 has been 60,0001 be.
More than half of the tea of 1848 has been realised, and bar
produced a gross average of nearly le. ltd. a pound ; the net
average, after deducting lead, freight, insurance, sale
charges, &c., being about Is. Ted. a pound. The actual
profit made in the past year, uremia( the remainder of the
crop to realise only 16. Sd • pound, has been about 3,0001.
Out of our receipts for tea, we have been enabled to pay off
2,0001., part of the loan of 7,0001., which has been so long
rending to the debit of the coin y, sad the interest
of which his been • heavy bnrthn. The assets
and liabilities of the company in England at the
present time, and aa estimate of our financial posi-
tion at the clout of the manufictnring season of the present
year, are shown in the annexed table., E and F, and it will,
we feel cue, be very gratifying to the proprietors to and
that we have every reason to believe that the operations of
another year will enable the direeton entirely to clear the
company of debt, aid give them funds to obtain the crop of
1860, so that the entire value of that crop may be uncharged
with debt." _ _ _

The balance-sheet showed the receipts for the year to be
thus : Balance, 2071. Is. 2d. ; proceeds of tea, 9,6761. lls. 9d. ;
together, 9,8831. 12s. Ild. This, after the expenditure, left
a Wanes in head of 6621. 19s. 3d. Since the rear 1839 the
total expenditure of the companyhad been 267,2631. lie. 11d.
The receipts from calls and on account of tea amounted to
268,6821. 3s. id., having a balance on this account of
1,4291.8 a. 6d.
A PROPRIETOR Caked if it were Mae that 26 shares
had been lately sold in the market at hell-a-crown a share.
If that were an estimate of those shares on which 201. had
been paid, he saw but a poor prospect from extending the
capital.
The SECRETARY never heard of any such price, nor
had there been more than one transfer in 12 months.

Mr. TITS would scooad the adoption of the report, for
he thought it very satisfactory. He should like to know,
amongst other things, what had, become of their unfortunate
steamer._

The CHAIRMAN said she had been sold for 7,0001.
A PROPRIETOR observed that he saw an outlay of
3.000 rupees for a supply of coolies : wen they likely to re•
main on the plantations
Mr. PRINSEP (a director) said the Amami. were •
hey people, neither were they numerous enough to supply
the wants of the company. They were very well to mane.
Pulite the tea, but they did not do for the rougher work.
1 The coolies were consequently employed for the more
laborious work. They were not bound to stay on the
plantations, and tco often found their why back to Bengal.
The report was then adopted qsaalmously.
A vote of thanks having bass posed to the director, the
meeting adjourned.

THE RELIGIOUS TRACT SOCIETY.—The fiftieth an•
nual meeting of the members and friends of this Society was
held last night at Exeter-hell. The report stated that du-
ring the past year the Society had assisted to • large extent
in the circulation of tracts amongst the Chinese, who are
generally disposed to receive them with respect. The grants
to China amounted to 3091. Grants, amounting in the whole
to 1,3201., had been made to India. The committee had
granted 100,000 publications for the use of emigrants. Du-
ring the year, 12,000 publications had bees tent to the Writ
Indies, and 160,000 trans and 120 libraries to British North
America. The grants made to the Paris Tract Society
amounted to 7001. The grants to France generally coa-
sated et 700,000, making a total of 9001. In Italy the
Society's tracts have been freely circulated, and a grant had
been made of 10.000 of the Epistles to the Romans, printed
in Italian. In Austria, 160,000 copies of 23 tracts had been
distributed. To Hungary liberal (grants had been made, but,
owing to the breaking oat of the civil war the society had
been compelled to suspend operations. The society had
offered • premium of 1001. for the best work on the present
state of the manufacturing and labouring classes, and the
best means of providing for their welfare. During the year
the grant amounted to 2,694,000, of the value of 2,80 W.
The number of new publications issued, since the formation
of the society, amounted to 600,000,000 works, in upwards of
100 languages. The total receipts for the year amounted to
69,4961.
THE EX-VICAR OF COCKERHAM.—The Kendal
Mercury says : " The resignation by Mr. Dodson of his
vicarage at Cookerham, and his secession from the church,
have caused much interest in this neighbourhood. Mr.
Dodson assigns eight reasons for secession, and dwells
separately on each of them. 'My first reason,' say'
he, ' is, I cannot maintain the subscriptions. The mi-
nister is required to declare that every and all of the 39
articles is agreeable to the word of God.' Of these he
instances, among others, the mention in the 26th article
of the 36th cauon, that ' evil ministers do minister by Christ'.
commission and authority,' a statement, he says, which is
not agreeable to the word of Ood. This, he emphatically
declares, ' makes secession inevitable. I would not be a
living lie.' The second reason which he assigns is, that his
views and convictions are increasingly at variance with the
establishment, and he speaks of as prelatical episcopacy, its
state-supremacy and government, its patronage', its surren-
der of all pretensions to any exercise of a scriptural discipline
over its members, and its tyrannical discipline over its mem-
bers. Six other reasons are given."
INQUEST.—Before Mr. Higgs, at 42, &sex-street,
Strand, on the body of Mr. Richard Dalton, aged 72 years,
who committed aikido under the following circumstance. :
It appeared that some years since the deasseed carried on
business as a hosier in the Temple, but had latterly resided
with his sea and daughter in Essex-street. He had been in
dvery deepoading state for arse months past, and a abort time
since his mind became so muck impaired, that at intervals he
was considered insane, and he once made•an attempt on his
life by cutting his throat with a razor. Since that period a
young man had been engaged to be constantly in attendance
upon him. On Wednesday morning last hie attendant left
the room, and during his temporary absence, he closed the
door and fastened it. When the attendant returned he was
unable to obtain admission, and he knocked several times at
the door but received no answer. The door was broken
*pen, and on catering the ram the deceased was found ate-
vended by his handkerchief to a rail of the bedstead
Verdict, "Temporary Insanity."