The Express.
London, England, 1862-06-11 00:00:00

EAST INDIA COMPANY.-(TRIS DAY.)

A general Court of Proprietors of this Company
took place to day at the Offices in Lothbury, Colonel
SUM, in tbe chair.

,
The Cnaxaiun announced that the dividends would be
ready for payment on Moab y, the 7th of July.
Various matters, pro forusts, having bees disposed of,
Mr. JOllll J 01•118, • proprietor, moved, pursuant to notice :
" That in view of the refusal of the Chancellor of the En-
chequer to provide the necessary fend. for the expenses of
the Enst India Company aa by law required, it is expedient
to consider how far the validity of treaties made by the
East India Company with European rowers and with native
princes in the East, the advantages of which are now en-
joyed by the crown, depends by the law of nations on the
existence of the Fast lodia Company, so far as those F,u-
ropes° Powers and native priooea who are parties to the
treaties are concerned. That the official announcement of
25,000 notices of eviction to tenant farmers in one district
issued by European Zeminders under the new government
of the crown in India, with the prospect of 80,000 more
beiny about to follow, is an alarming (adore in the princi-
ples of policy adopted by the new administration."
Mr. Jones observed that it was a hasty act of the le-
gislature that deprived the East India Company of its
=. Parliament did not taus iato account all the ool-
circumstances. A large portion of the East India
possessions were gained by conquest, and others by
treaties and by concessions of territories from native
princes. Those treaties, he coot-ended, were in-
valid, as regarded the government of England, and
the company were now subsisting on an illegal fund, arising
from unclaimed dividends which did not properly belong to
them. The hon. proprietor proceeded at sonic length to urge
the arguments on which be based his motion. lie maintained
that this company had fair grow's' for negotiation and reta-
liation, if necessary, with the government, in the position
that they held as depositories of the various treatits which
had been effected from time to time with the native privets,
upon whom, in his opinion, the law was not binding under
existing circumstances.
Mr.
.§.IIAW seconded the 'Lotto°.

Mr. COON said that, although he agreed with Mr. Jame
as to the illegality of the food in question, he thought it
would be unwise and unprofitable to hold out any retalia-
tory threats to the government.
The CHAIRMAN staled that the act of parliament had
completely extinguished the political functions of this
company, and therefore they bad no power to eutertaan the
motion.

The CHAIRMAN suggested that Mr. Jones should with-
draw his resolution, sod thus avert the necessity of moving
the pnvions question.
Yr. doses refused to withdraw his motion, and
The ClialettA.N put the previous question as an amend-
ment, without entering into soy argument upon the
subject.
The resolution wits negatived, and the amendment
'greed to.

Tar Rxroxtteroxy Movitatxxx.—The exhibition
of industry of the inmates of the variom reformatory in-
stitutions, which wee opened yesterday in the Hanover-
square Rooms, afforded • practical teetitooey of the mat
amount of good which the movement has effected. About
fifty institutions were represented, and, in the presence of
• Laze oompany, todeNtry it almost every cooosiveble trade
and occupation was at full work. With turning, prinkag,
tailoring. shoemaking, and other mechaoical arts were com-
bined the more artistic work of modelling end the mini-
neglected science of manufacturing eatable bread. Thai
well-known and useful body the shoeblack brigade "make
fully reprealsoted. flatemporatly there was a onseereariona
given to the Social Science Aseeektios b eons*. witli
the Industrial Exhibition.