The National Register.
London, England, 1813-01-24 00:00:00

THE NATIONAL REGISTER.

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Average three years 1802-4.
The whole of India.
London Mert:ll:in: s . .
Foreign Eurore .
America .
. . .

A vcrazc three years, 180.5-7.
London Merdpnts • - •- •

Ivy rarretidrtadeitm tlttir sentimeztar -*fluted the- Court, his object .
was merely to submit facts to their consideration. He expressed
Meat veneration for the East India Company, and warmly panegyrized
their establishments in I stain, which for efficiency and correctness,
were, in his opinion, superior even to the establishments in this
country. He endeavoured to call the attention of the Court to
what he conceived to be the real question before them. Government
bad required as the conditions of the renewal of the Company's
Charter, the opening of the East India trade to the outports, and the
transfer of the military forces of the Company to the Crown. The
Directors had implicitly conceded the extension of the trade to the ,
outports, but endeavoured to stipulate. that the imports should be
confined to the port of London. Now the question was, whether or
not the extension of the import trade to the outports was of such tin.
portance that it ought to be sufnr: d to put a stop to the negociations.
lie would have recommended, that Government should be asked, how
far, it this were conceded. they would guarantee the dividends and
hecurity of the East India Company ?—(AppLuse.)—The Directors
ad acted otherwise, and after several conferences, had published in
their resolutions of the 18thof December, what he thought might be
regarded as a kind ordefiance' to shew Government that they were de-
termined to pursue a certain tine of conduct, whatever determination
'night be cane to by Government. He meant no offence, but he
thought no advantage could result from this in the negociation. It
Was the duty of Government to attend to the representations made by
the outports, In his humble opinit n, Lord Iltickinghamshire in his
letter, of which so much had been said, had only told them—" You
seem afraid the revenues of the country will be injured by the pro-
posed change, we think there is no reason to apprehend a loss." 1 his
opinion was supported by Commissioners appointed to empire into
the subject, one of whom had told him (Mr. Hume), that there was
more smuggling carried on upon the river Thames, than any where
else. The conduct of Lord Buck inghamdiire in attending to the de-
puties from Sheltie! I, Manchester, and other places, he thought per-
. Seedy natural and proper. He could see nothing in I.ord Bucking.:
bamshire's deter so very offensive, as it appeared to some persons.
If it were so very much to be complained of, what was that which
bad been received from Mr. Dunda', March 24, 1793 ? In 1793, it
had been contended, that as much of the Indian trade was carried on
by private merchants as they could carry on with advantage. It
amounted thou to 181,7101. In 1798, bowel!, r, through the further
opening of part of the trade, it was found to amount to above 800,0001.
At this period, however, a new enemy appeared, that enemy, which
atter long sucking our blood, now brought it against us—America.
Then it was that those who now opposed any change being made.
• asserted tno;r right to participate in the trade to the East Indies, and
. called on tire Directors to permit them to take it out of the hands of
the Americans. It AmerOu had not been enalakd to supply foreign.
nations, our own mei( Kant, avGuld have re-shipped their imports,
and carried on that trade w!lich had been carried on by America. By
buffering A nicrica touts y it, we bad lost much strength, and givm
it to her tc break our own head. Exclusive of other advantages, we.
had thus given her 20,0ud sailors. On loz,ltng to the statement re.
• cently made by Gallatin, it would be seen that 1 300,000 of dollars
she had gained t•, carry on the war against us, by our thus gsving her
the carrying trade. He prr,ceeded to .thew the comparative value of
the exports made at various periods.
The average of tear years, 1795-6 and 1798.-9, was as follows :
La. cs of Rupees.
Exports made by the London M. %Nuts • . 60 i-4ths.
Foreign Europe . 26 3-4ths.
A merica . 19
Average of the three years 1799-0, & 1901-2.
Exports of London Merchants • . 91 1-3 d.
- foreign Enrcipe . 29 "2
-ads.
Anicrica . 48 1-half

. 127
. 42
. 53 I•half.

_ . .
------ Foreign Ei,r;.pe . . . . . 28
- America . . . . . . . 83
The lack of ropees. he sated, to be equal to 10,0001. Snell was the
increase of the Anierian trade, ‘i hen the foolish measures of this Ame-
ricair Government interfered With it. In the years 1809 and 10, not-
widistandiriv the partial ob.,t,ictions experienced, the exports of Ame-
rica arainatted to 68 lacks of rupees, and our own but to 74. Means
• ought to be taken to secure more of the advantages of the trade to this
country. Every one must recollect, 111.4 it was predicted the non•irn-
portatiou Act of America must ruin this country, but those who looked
narrowly into the subject knew, that she exported not for her own eon-
son-option, but to supply other countries. And what countries did she
supply ?--our own colonies, the Spanish ll.iiii, and South America.
The total 'dour exports to all parts of America were—
In 180 . . . . . L. v 0,004,125
6 . . . . . . .24,7573,112
. .. 7 . . . . 2:3,451.7J8
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JAN. 24.

The Nou itopurtitiou Act era} .passed,. and viltat.w•a% the result ? The
exports to the United Stites fell in tlie next year 1808, to .1302,3661.
Then it was said, England was ruined ; hut it yeas found thdt her ex•
ports to the West Indies and other parts of Americo, were raised from
about 9,000.0001. to is,ouoipool. Here then wns a positive change
effected in the course of trade in one year. In 1809, the exports
to the

Unitcd States .
lo other palls of Atucrica

. L. 7.460.703
. 19,833,69 d

Making a total of 1?.7,4191,461.
In 1810, the total amount of our exports to all parts of Anier.ca, ex.
ceeded 28,000,0001.—Fr om these !statements, he thouselit it would he
seen, that the course ut trade could be changed without ruining the
Merchants. No power in Europe or -Asia, nu power in the world, cr•uld
interfere with the commerce GE Great Britain. But was it to be allowed,
that tbreign states should_ step in and del. rive this country of the bene-
fits to be derived from those porSsessions, on the acquisition of which so
much blood and so much treasure had been expended ? Ile rueant to
show, that the City of London would actually be gainers by having the
trade to India opened to the (imports of the Kingdom.
This he proceeded to di), by making a variety of statements in which
great knowledge of the s ihject was displayed, mid which we are sorry
our narrow limits exclude for the preseot. Ile contenicd the
India Company had not fulfilled their engagements with the public,
thought the terms offered by Government were such as ought slot to be
rejected. Ile concluded by moving an amendment, winch went to do
away the original resolteions, and to express acquiescence in the propo-
sition made by Government.
Mr. W. KEEN is said, monopoly in ordinary cases was detestable ;
but in such a case as the India Company, it'was a benefit to the country
at large. lie concluded by moving. that the Court blimild mijourn.
After a few remarks from the Chairman, Mr. 3.4.cssoN, and Mr.
Huss E, the Court adjourned .until Friday.

On Friday the di%cussion was resumed, when Mi. R. Grant, Mr.
inapey, Mr. 11. Twis‘, Mr. R. Jackson, and whets, entered into the
subject at great length. The statements made by Mr. linme were
much commented on. His facts "ere genera:ly admitted, but the in-
ferences which he drew (roan them were de• led , and it was asserted,
that conclusions diametrically eistmsite ought to be deduced front them,
as they fully proved, that the Company which had acted so well, ought
safely be trusted still, and ought not to lose its priviieges.—Atter a
ong debate, the Court adjourned to Tuesday.

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60 . THE NATIONAL REGISTER. JAN. 24 .
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vivic:reidruidertm their sentimentvateauted the Court, his object : The Non iinpertition Act wee .passed.. and wlutt. was the result ? The
was merely to submit facts to their consideration. He expressed exports to the United States fell in the next year 1808, to 5302,3661.
Meat veneration for the East India Company, and warmly panegyrized Then it was said, England was ruined; hut it wits found that her ex.
their establishments in I triia, which for efficiency and correctness,
(~ores to the West Indies and other parts of America, were raised from
were, in his opinion, superior even to the establishments in this
about 9,000.0001. to is,ouoipool. Here then ens a pesitive change
cluntry. He endeavoured to call the attention of the Court to
effected in the course of trade Li one year. In 1809, the exports
what he conceived to be the real question before them. Government
had required as the conditions of the renewal of the Company's to the
Charter, the opening of the East India trade to the outports, and the United States . . . . L. 7.460.703
transfer of the military forces of the Company to the Crown. The 'I ti other pails of America . 19,833,696
_____
Directors had implicitly conceded the extension of the trade to the , . .
outports, but endeavoured to stipulate, that the imports should be Making a total of . . . 1?1,4191,-161,
confined to the port of London. Now the question was, whether or In 1810, the total amount of our exports to all parts of Aluvr.ca, ex.
not the extension of the in.port trade to the outports was of such im. ceeded 28,000,0001.—F10m these statements, he thouyht it would ha
portance that it ought to be sufnrid to put a stop to the negociations. seen, that the course of trade could he changed bvithout runiing the
iHe would have recommended, that Government should be asked, how Merchants. No power in Europe or : sin, nu power in the world, ceuld
far, it this were conceded. they would guarantee the dividends and
interfere with the commerce of Great Britain. But was it to be allowed,
security of the East India Company ?—(Applise.)—The Directors
had acted otherwise, aiul after several conferences, had published in that tbreige states should step in tind depriv,c this country of the belie-
i.
their resolutions of the 18th of December, what he thought might be fits to be derived from tho.e poi;sessions, on the acquisition of which so
regarded as a kind ordefiance' to shew Government that they were de- much blood and so much treasure had been expended ? Ile meant to
tertnined to pursue a certain tine of conduct, whatever determination show, that the City of London would actually be gainers by having the
Might be cane to by Government. He meant no offence, but he trade to India opened to the outputs of the Kingdom. , :
thought no advantage could result from this in the negociation. It This he proceeded to do, by making a variety of statements in which
was the duty of Government to attend to the representations made by great knowledge of the s ihject was displaled, mid which we Ire sorry
the outports, In his humble opini, ii, Lord Etuckinghamshire in his mini narrow limits exclude for the present. Ile:contenicd the ~..,
letter
afraid
the revenues of the country of which so much had been said had only told them—" You
seem India Company had not fulfilled their engagements with the public,
will be injured by the pro-
. • , _ .• ••• t_ t dumeht the terms offered by Government were such as onfht not to be