The British Press; or, Morning Literary Advertiser.
London, England, 1825-09-21 00:00:00

THE UNITED KINGDOM TEA AGENCY
COMPANY.
Established pursuant to Resolutions passed at a Meeting held at
the City of London Tavern, on Wednesday, the 14th September,
1 OM

CAPITAL, 200,0081. in Eight Thousand Shares of 231. each.

PETER 3iotiii,,isq. M.P.
DEPUTY CHAIRMEN.

JOHN DUNSTON, Esq.; PHILLIP PERRING, Esq.

DIRECTORS.

Sir G. AtaT,IC.C.a. RITCHIE, Eq.
FLETCHER STANLEY IIEYI, A. A. SCRTELS, Esq.
Esq. Colonel Thl.noT,
ROSIEST Homr, Esq.

AVDITORS.
Thomas Emmett, Esq.; Jackson Perring, Esq.; Robert Talbot,
Esq.
Terasuntaa.
illessrs. Sir John Perring, Barr., Shaw. Barber, and Co.
blawaont—H. A. Illingworth, Esq.
SECRETARY—James Buttivant, Esq.
Accotrxemyr—Janies Mitchell, LL.D.
STANDING COUNSEL.
Charles Bellamy, Esq., 'Robert Lan slow. Esq.
Socrcuroms—Messrs. Fisher and Norcutt.

This Company i; established tor Supplying the Country Dealer
In even pan of the United Kingdom with Tea direct from the East
, India Company's Warehouses, with all the advantages of Draft,
r Overweight, &c., which in most instances is very considerable, at
a Commission of Seven Shillings per Chest on the cost price, in-
cluding Cordage, Booking, and Conveyance to the Inn or Wharf
(tom whence it is forwarded.
This system, upon a limited scale, has for some time been acted
upon by individuals with decided success, in opposition to a mono.
poly of the Tea Trade, the baneful influence of which, aggravated
by every species of gross adulteration, ham imposed on the Public
for more than fifty years, to the discredit of the East India Corn-
pany's Imports of Ten, to the diminution of the public revenue,
and indicting great injury on the consumer; and as the object of
this Institution is an important public benefit, by completely
breaking down monopoly, the Projectors are confident that the de-
sign of it cannot fad to command the eminescar.ce a w pyort of
the W. 104 C*Jk.litf•, as it Pail already done the approbation of many
of the leading Merchants of this great Metropolis of London.
The advantages to the Public are too manifest to require further
explanation, than that as the Retail Dealers will now be certain of.
receiving Tees unadulterated, the consumers supplied by them,
through the Agency of this Company, may feel secure against ad.
mixture of deleterious ingredients, or Teas of an inferior quality
with those of higher prices—practices which have long prevailed at
an expense to the community of more than one million sterling per
annum, and by motile, if a great mass of evidence furnished the
Directors be correct. highly criminal.
Retail Dealers holding Five Shares and upwards will be entitled
to this Company's Tea Hook, which shall be officially attested and
published quarterly, exhibiting the number, break, and character
of every Chest of Tea in the East India Company's Sale ; by refe-
rence to which purchasers will be protected against every imposi.
don or mistake, and enabled to ascertain the character, tare, and
cost price, of every Chest of Tea sold ; and to guard more effectu-
ally against adulteration, every chest will be delivered direct from
the East India Company's Warehouses, under the seal of this
Company, and (if their consent can be obtained) of the East India
Company, with other corresponding certificates.
To Shareholders this Company pr tents the highest encourage-
mem. The investment of capital therein is manifestly exempt
from incidental losses, inseparable from many of the adventurous
schemes of the day. To this plan no foreign hazard is attached ;
the process will be open. prompt, and visible to all ; and cannot
possibly looter either uncertainty or anxiety, resulting from specu-
lation, or hold the proprietor in any possible state of suspense be-
tween advance and return ; and to whatever extent capital may be
required, it must command a large remunerating profit.
Persons becoming Proprietors of Shares in this Company may be
assured that they cannot incur any responsibility beyond the
amount paid on their Shares, as no Teas can be procured from the
East India Company's Warehouses but upon payment by ready
money of the cost price ; and as the extent of this Company's pur-
chases must therefore depend upon the amount of cash at com-
mand, the Proprietors are secure from those risks which necessarily
attach to concerns in which purchases use made and contracts en-
tered into upon credit.
A power will be reserved to the Directors, subject to the approval
of Subscribers, to Increase the capital, as the augmented condition
of ,the Company may require; each Proprietor of old Shares to
bare the option of taking an equal number of new Shares at par,
and the remainder to be disposed of as the Directors may find con-
tributory to the general benefit of the Company.
A deposit of 21. per Share to be paid down: one month's previous
notice at the least will be uniformly given of future calls, no call
ever to exceed U. on each Share.
Applications for Shares to be made by letters, post paid, to
Messrs. Sir John Peering, Bart., Shaw, Barber, and Co., bankers,
Cornhill ; Messrs. Fisher and Norcuts, solicitors 10, Holborn-
court, Gray, Inn; or to Messrs. Buttivant and Illingworth, East
India Chambers. Leadenha.ll-street.
By ordet of the Board of Directors,
JAMES BUTTIVANT, Secretary.
A List of Directors foe Scotland and Ireland will be published
shonly.