The British Press; or, Morning Literary Advertiser.
London, England, 1806-07-19 00:00:00

Pn'lß

were no the eve of Bankrupt, :y, and hYr
bhewed, that the predillion w.a I to tided. yi,
believed their affairs were is 2 V:ite of eetthatrAtt-
mem, but by no means so glnomy as 11.1,i been t.._
presented. lie hoped, however,
would never come t 1 Parliament for ri•;:ef,
M feared, that whoever may be t e Vl:flirter of
day. he would grasp at a part at :tie teraitnries be.
longing to the Company, which u.sald give him a
mos: es.:•nsive patronage ; and that, added to whas.
the Cl'o4l elite4J, peastristiv, w uuld takeaway
bat trice SCIII*CeSSAty ADA esseni4 to the maioteaance
of our eXc..ll-rit Constitutinii.
Mr. C. (t Diienor) said. that 4, to
the 500,0001. it was only to be paid wizen thele was
a net surolns i:t the hands of the Compri! ; area
tor the Lot thirteen veal s, the win that nave SuC-
cepive!y broken our, have prevented that surplas ;
and, therefore, these was not a shilling due train ula
Company to C;nverurnent.
Mr. PAW, repeated whit he had stated oil
former ocossione, in support of. his opinioo, that
the finances of the East India Company had ex.
prri-nced great elolitic:ttion to the ceded Provinces
Mr. MAR fIN thought that thi derangement
the affairs of the Company Wilt not atutbu•aole is
the wags which Ida' happened
Mr. MIDI/US ['ONE cap:tissud his entire sa.
tistanioti wt;h the financial :Idea en.: :uhrritted by
the Noble I, rl (61,rpeth), and said, t. e:e ,sail
na occasion for the other I),reaor: o; the East
India Company to Arienti in t•at House, as they
felt that the country might I,rly upon the vatrineat
in the Budget. '['i.e Clentli man then advert-
ed to what had, on. a f;.rolot night. fallen from as
Han. Alderman kPricsiiii), whose view cf
affairs he consideTed to be perrefily •falla in is
In its calculatisai of benefits and di.advantages,
he seemed ti luxe wholly overlooked the ...port
trade of the Cistripany, by which a huge part rf
the population of this country was nos only ke.t
frem being litt•thensamc, but made serviredhle,
the State. Pttfeiring the interests of the erunt,y
to thcir owe, the Company, at a great has
to themselves. annually exported worll.n articles
to ti.e amount of 1,300.0001. which employed
40,r,00 .p, in the manufadirre, and raid a
duly , f tio,Onol. l'he lass in the export of u0011,,n
grods, in the China •rade alone, was 40,0001.; ale.
casiened by the China merchar.ts fixing thtir owe
urines; and yet the Company, out of regard to the
interests of the country, patented that exchange,
other than to drain the country of silver, which
was really a better enchaoge, and which they could
easily procsre in the Western counties of Enghse,
Mt. Aid -T=ol PA! NSF" said, the statement br
had made he should be able to prove to the House,
by impels which weie airrady before them, on the
state of the carrying, trade, and the tpiantily of
merchandise e‘ported. By those accounts. it ap.
peared. that .5.0001. a year WAS the am na tof
the exports of this India Cmpany ; and tor that
consideration we paid 6,000.0001. a year, ter de-
fenchrig the peninsula. The statement which hid
been lately submitted of the affairs of India, ails of
a complexion with close which had been mate
many years. The Howe and the punlic were buoyed
up with empty statements of the prosp row and pro-
rutting state cat affairs, and %sere fed with hopc,
unit at last the bubble would burst, and the East
Melia Company fall to pieces.
'Mr. HUDDLESTONE said, the Hun. Alder-
man was altogether mistaken in has statement : the
evorts from the year 17i2., to 1304, 4M. u..,e I to
I 1,36t3 0001. which yielded an average of 1,516.0. W.
per annum, exclusive of WA. like stores.
Mr. Alderman PRINSEP, in expl..nation, said,
lie did nor include the Ch na trade,. which be con-
!iidere3 tia be distinct from the India trad

V:scuurt CAS I'LEREAGLI expresAed his can-
vic ion th it tire deranged nice of the pal; f.'s fi-
nance, was ah ributable to the st ate of marl are, as well
Asiatic as Entopean, in which we had been in-
volved. In the interval of peace, the surplus re-
vettoes of India had increased 2,823.0001. The
increased expencis of the Comp iny, in cense-
, qirence of war in Europe, were at least a million
sterling; And, when added to war in I,:d .1, a mil-
lion and a halt. It wooild be see I, therefore.
that state of WArine more VireC upon
the fiscal interest. of the Company, than some Gea-
tlemen seemed to suppose; and he was hilly of
opinion, that a suer of peace would, in a very
short time, render them extremely flourishing.-
11-,e Lord re-urged what he had suggested
on r f.41..er nish:. respelling the ehnvettion of the
Asiatic deb: to an Etoopean debt and co.iclud-d
by eximlr rig his hope, that the subjell would be
brought before Parliament early in the next Session.
Dr. LAWRENCE thought, that after the
Noble Viscount (Castlereagh) had for so many years
deluded the country with his statements of the pt
pretty of India, his plans were not entitled to much
confidence.
Mr. TYRWIIITT JONES said, if affain had
been properly administered, there was nw &win
India would now have relieved this counity from
the necessity of the Income Tax.
Mr.WHI rsti ED KEENE though% that the
excessive military charge of nearly nine mili.
had caused the emiiariasment of the Ccovel y '
financier, 4i.d that prosperity might now Ludy be
Anticipated
Mt. JOHNSTONE expressed himself to be th
contrary opinion. .
After a few observations frosts Lard VOR-
PE VII and Mr. kiftiman PRINSFI', the 'collo-
thins were agreed to, and t to report ordered to be
received on Monday.
A Message from the Lotds announced, that their
Lordships had agreed to the IS II for s Lowing
Additional Drawback on Litters est tete", t. e
Irish Import and Export Bill, tit • Bell Itrr<
Light-house Bill, the Port of London Regulssion
Bill, IL. Bill for allowing sailor, erns( to.
appropriate part of their Wages I.sr the suppon it:
their Wives and Families, the Accnuntat t teenetrl's
Annuity 8011, and the Chatham Docks Cs mpeo...t.”
Bill, without any amendment; and the PlalAn fitoae:
Society Incorporation Bill. and the Gill eta ',amend•
mg the law relating to Bankrupt', with s ProJ"
merits, to which they desired tLe it/Leto-re:we tat ibis
Heine.
Mr. King prevented an account of all saiar: n and
ernoiaments of public officers, pluesant to or. lc:
Ordered to be on the table, and to be rioted.
Atijoitrocl, at Hallpast Twain till ilva sy•