The British Press; or, Morning Literary Advertiser.
London, England, 1808-04-27 00:00:00

du •1. tiv p0)::e to the Compziny. if! .in(!er
titouzlit

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d,tl t t.l the pro .::c''. of i.tti •I. a p•ti-
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tiOtier given of referring a retitima upon a subject
of web magnitude. •
Mr. Peas/mar added, that the Bight Honour-
alAts tletitlettlaii had hikiindertdood hint, if lie
thought he hiel espressea his opinion upon the
subject its question of the propriety ur ittivroprf .1 y
of granting relief. Ile hail only said, that the
relief asked for appetned to be a viii, and not a
loam If the East Litho Compatsy loot credit, they
might borrow, like other compauies. Instead of
comitio to Parliament. '1 he Company, however,
with all the assistance they had received. had never
paid more than 500,0001. to the public. Ile
should be happy to hear they a ere able to pay
their debts.
:11r. TIERNEY said, that undoubtedly, seraking
gettendly, the Company could not athl to their
present stock, except by the act of 1798, which
gave u power to theta of inating bonds to .the
' summit of two million'', for which privilege they
had gi v. it up to the public an equivalent portion of
their to raise their stock to the former summit.
t: glare, was giving no more, but altering
the mode of raising their credit, and it was also
the rase in the present instance. They obli.now
asked the House to alter the mode of roams
two milliou four hundred thousand poundal, by way
ofloant, instead of making good their claim upon
ParLatnent. He could not help thinking, that the
'Company had bleu rather' hianilv dealt with. This
was not like the case of an i aid', iduttl, but of a moat
ettettaive mercantile company, and no man could
say abet would be the dreadful consequences to
the country, should any great calamity hau.pen to
them. They had a fair claim to that assiitalice
which they craved, and he only wished Gentlemen
to delay expressing their opinions till documents
were fairly before them. What ()deuce had the
Compouy comitailttd, that any one should wish to
avail I •if of their miefortune, by getting rid of
their charter ? He had his own opinions also upon
this anhject, but he should at present refrain from
expres-tog them. In point of fact, however,
the ',oldie had, upon a former occasion. the
ailttuta4e of an whence being unade to them
by-this Company, who did not press their claims,
as it might then have been inconvenient to the
Government of the country ; and now when their
turn came to ask for au accematolation, was it
to be refused them ? lie never could consider this
as an application for a gift, for if` they were doing
so, it would be better the Company were annulled
alto„ ether, for the public would not certainly be
doing right if they acre giving a sum which they
could not say was ever to be repaid. It should be
ennaidered that the Company were merely labour-
iao melee certain cotionerciel difficulties, such as
it was posslble for soy commercial meu to be in-
volved in. He might remind the i louse of the cage
in which certain Merchants were aecommodated
with Exchequer Bills, at a time when theynvere
likely otheiwise to be much eadnirmared. These
Bills were repaid with the advantage of interest to
the public. It was therefore surely proper to give
the Company a for opaortubity of explainiug their
situation to the public.
Mr. Poasosay, in enehnnt;etts Observed. .be
had no iiitanton what err to ca.t any im=on
at the Emit lads Compute, for the Atls
which had been so frequently to she for Parliamei t-
om revistance ;he only regretted, that the itatuve
of their iustitution rendered, it seemed, these ap-
plications frequently necessary.
Sir Jon% A NSTRI:TnEII denied the East India
Company had tome to beg from that Noose.
"they demanded only thst which had before been
repeatedly ,;ranted by Parliament, and what had
lacier been attended with any inconvenience to the
Hanoi, at large, siumah ennisently serviceable to
the Company. It hart been errunroutly stated,
that what the house had hithetto toted. or here-
after might vote, had never been repaid by the
Company. On what caper:ewe could such a state-
meat be made tot hat House, ithedit %INS grneld
known that the mons leot to the Coin 'Ann theyrars
1773 and 1774, and air-ain in 1754, had I aid
to tlrc last froctiou. Cutler these circunistancea,
if the Compaay wished to bring round their con-
cern., and ghost their mode of to
the emergencies of their eatabliphnie ,t, vve.e they
imt justly eatatled to a simil ir iudul. nee by huh-
ainctit ? Whatever snis,ht be the nufavoiarable
ominous entertained by many of the sfde of t to
C.anipany's affairs, it certainly was mitt their f nit
thy had not been thoroughly inves:igated ;oag
soace. It loud been generally, he b-lieved, reported,
dee the ',repent establishment of the East li.di t
Com oany *ma sin unjwt moneyo!y, which it ...mid
be of general advantage to the community shots d
be ir aolished, as it would triad to opt at a more
orneral commercial intercourse with India, loci
increase oar export trade to that part of the E
pi re. He altog•ether doubted the possibdity of en-
cre.eing the ea art trade of the countr‘, M ally
part of to any eoushltrai he extent,
by auty individual act of the lecosluttne. H ath
respect to the import trade of the prodoce of that
rouser, be enterta:aed :ether dittos-cot sentimeht-.
11c netertlielewa did not see how, a ith consisteacy or
policy, the Ilouve could, in the pies.ut it.-
staocr, refuse to relieve the t'ainiatily from their
imeledlate ranharrss.lnent.. .1::t1 he it 3, IPA et/ -
but: t PM' to that Mi. e•u! in .:e of it thus
jectiam, rcs,kectiat4 the espol, :•• 1:t !a... taatia,l the
au( is of the Company, wlae;aa ter they rgage for-
ward to demand the as. stance of Parliament ail
their ehterye;:cirs. 11 however the matter shaitici
he co:l.:tit:led, an all it. rent bearings, anal
r all the exi-ting eite aila•taaa. as, he wa. are tap,
the Compsny*. C.harter mild I e co.isidered poi:•
tic and spree.. y.•
Mr. how tern rez-"teal th:.t there existed at
present no sat AC,llo!lt,, 0: the
state of lii•lia. of Co• Caa•upany had
oak been betrayed by ti e r moron of th e sear
IROJ-4. The built:et. a. it is called, of that
was of so suiguiar a nature, th .11,a
it was better for the Colop:uty there es isltel nn
...aclar accounts ha later yeara. The ace .unts ad
dithied an mach, that in saute there sa ,
nu-
accountable deticiero yof mil!eaa., ant the
slaole screed oly tas charm-et- a'..at fanatic's the.*
midi! in general es; •I in the ere aunts or the Com-
pany. his profesrcil tl at le: waited with
anxiety for a a senoh.te love4l4AM,, of their af-
',oat to labour oielcr eviin,u•
v mi,:e

ss Heti

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atottoON.
t;. o II- ,"97,07.1e

Gentlemen should require that do Pest tics *6)144
lie accormamieil by &cult... Lob to ptu, e the 44,44.
tiolly of the Petition. hen the. Peution ahooki
be bilo,e a l'oiniuittee, theu %instil 6e the tune 1a
those documents. The acixiniits of Li„
Company, hr could inform the Gent:imam sty
spoke lust, bud berm furnished •p IN6 tlic last y.sr,
sad those of the lateot lwrioil would, in a trosshw,
be completed. Frout these facto lot cousideje,t
almost impossible to inter that the existed sty
thing like ll.at prenwilitateil oonettalment siteith
to
Company Ilan 120•111 charge.' with ao unjustly. 14
respect to the conduct of the two Noble Loki,
whose names hud been introdueret nets the *tote.
rations of it )'ember who had addressed the Kruse
on this subject, he had every rew.tin to believe thee
hadcons' noted the tette interest* or the Coaseshe
an,i the nation. This a 1 at least taiitt have bees
iiipprised oh, that uo iwrsoir* is the cumin). bag
6•en more.. pet ha.s so anxious us they thrisisehe,
that ti c atfair should be discussed and exaoinkg
to the bottom.

Atter • title, aorJ. in explanation frias W.
TagaNty, the Petition war ordered to be teleroi
to a Committee.

On the motion of Mr. FOSTER, the jtjah Sug,
Drawback Bill war relict a aeceod time.

Sir Alum NEWrORT said, the Billcantaintd la
it bollle oltmes which were sa direct deSance of the
articles of Union. From this consideration lee
felt a stron4 objection to the further prolon4atioa
of the ulijectieuat►le douse*: and had it bra the
nature of the Bill to reader such clauses penao-
:tent, he should have the Bit his devided ne-
gative; hut under the present modidcation of tie
spatter. he should give it no direct opposition.
Alter some observations from Mr. Fonts, the
Bill was committed for to•morrsw.

Colour! SHIPLEY gave wiles he would ro.nbe,
row move for returus of the effective strength el
the volunteer force throughout the country.
Sir Jose Nati-roar wished Mr. Foster would
defer the consideration of his lariat-61 regularises,
until the thaucial state of !reload should have
heeu tic-ermined by returns, which were to be Laid
before the. House.

Mr. Fa Mini. slat he bad to submit to the
Howse were rather :natters of regulation than tax-
ation, though in souse instances some small addi-
tions might be made to the present state of the
taxation of that country. If, -however, the Hem
Baronet were very aUXICKII, he weld defer Ibex
consideration fora short time.

The Irish Titles Bill was :ben react a third tint
and lisued.
Mr. 1,1 11.1111011 brought up the report of the A..
wised Tares Bill, the cossidevatioa of which wd
tixt.l for Monday next.

The Oder of the I).r• for tokiog intc consider.
anion Mr. MGClintock's Octstana van deferied until
Titonniej nett.
Mr. Fens& presented certain taccooatt, par.
'neat to the oilers of the Neese.

Sir Join Nowsrairr oiribod to kaow. whether
Mr. Foote, loteoried to salmait tie woosideratiet
of the. renewal of t►s Charter of the Bank of Imo.
had t% tire Holm

VII: ForTiltstated, hr could not
.preciselyde.
boaAite time he ishoul.t have it is hie power is
bring ttlet matter un.ler constderatioo, but 14
hoped *only to drew the atteutori of the linvie
to that important subject.—.ldionine.l at ,E.Lgtt
o'clock.

THE BRITISH PRESS.

I .ON DON.
WEDNESDAY. Aram 7.

It is a comfort to vane persons, when in ti;tresi.
to 1 • srii that others are as miserable as themselvei.
This sort of aympathy is not, perhaps, the m"-t
congenial with gererons en usauly feeling, butt
appears to be ackuowledgrd by the lttliuistc.:l
IVritars in no onlimry degree. The Treasi-y
Writers never craft to assure the manufacturers of
Yorkshire and Lancashire. that if they sn.:er from
the Orders in Council, the Americans suffer -till
more from their Embargo. Like the Yscs, who
asked his companion o the tenure. "Do yea
think I lie upon a had arose' P' They turn a
the 13 lush mei chant, and ask him, "Do you thigh
the Ausericun ciporters drive a flourishing trace:"
We hare carefully examined the New-York Pa-
pers, lint base not been able to trace in them zot:.:a
of the es ils ahici, the American merchant soda
san must hare suffered fleas the stagnation of
Some of the London papers, however, stet.. &a:
srrenty-live houses have failed in the City of !isli
York. We do not Uwe, upon what authority the
statement is made, nor the degree of ermlit that is

due. to it. The folloning extract of a Letter from
a very correspondent, datel New Ye:k,
the 11 tit ut. lairs a fair view or the btatts et crim-
e, in tuat city :--'• The eisisaito
continues, without a prospect of it• shert,F
raised. 'file effect as yet is not generaPy vi,t`•:r ‘•
thus et'). t t.uittlJer a failures base p°l• •
ahitf~ is not unusual in a large coatm-rt...1 :•
10. e ..N.eu. •••1.., tu:ri it is gtlivrally :t • t
this SK:Asioll ;i.e ear. Every oi.c is sr...
girt. the 'test nas..l fur his defak2ttott, s•

wercial uil

r.