The National Register.
London, England, 1823-03-23 00:00:00

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NEST INDIA MERCK:II.7S,
On Monday last, at one o'clock, a highly respectable meet-
-In; of .geollerneit connected pith the 11". vt India Trade
Assemhledwt the City of Lontlon,Tarern, fir the purports of re-
ceiving the report of the committee appointed at the general
Aoretilig on the 13th inst.
Andrew Colville:, El. itavin; taken the Aair, the minute* of,
'the last meeting were mad and approved. of.
The Secretary then read a pethinn, &non up by • the corn-
•rnittee, and which prayed principally the protection of the
• • Government to th. free spoil and imgort of the produce of

the British West India colonic*.
The Chairman here ohserved, that in the event of the colonial
system undergoing the anticipated change, the carrying trade
of the British West India ship-owners must, in mane measure,
Tall into the hands of foreign ship-owners. The Amerieen ship..
ping would undoubtedly compete with that of this country, in
carrying the produce to the Continent. Coast& of 100,003
tons of British shipping were sow employed in this trade ; and
and it was a factthat al least one-third of the West !maim pro-
duce win shipped direst to the comities:tail ports.
Mr. George Ilibbert wished to Mier a few remarks to the
meeting, and should conclude with moving the approbation of
the gentlemeo rasembled to the petition just read. Ile should
be glad to learn what compensation was to be. made to the
West India ship-owners for the concession that was expected
of them ; would the French Government cede any privileges
in the Mauritius? Ile did not mean to say that. East India
sugar might not be shipped at en low a [eke as stand, as it
was contended, but lie was sure that the enormous freight
.which would be necessarily charged, would enhance the price
. to a considerable e►tent, and the result would most •certainly
he, that the British consumer would be difiestistied witle. the
supply mu furnished.
The petition was then agreed to, and most of the gentlemen
present Wein signed ii,-it was ordered to be left at Lloyd's
and the Jamaica Cottee Louses, for the signatures of those
concerned.
The unanimous cienks of the meeting was then voted to the
Chairman, and the meeting adjourned.

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TOO NATIONAL RUCISTUA
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BANK OF ENGLAND.

On Thursday a Quarterly General Court of Proprietors of
Bank Mock was held, pursuant to public Inothle, which was
numerously attended,
The Chairman, in proposing a half-yearly dividend of ! per
cent. accounted for the redaction of one per cent. by stating that
there had been a diminution of the usual profits of the Company.
Mr. Goundry, in opposing the reduction, observed, that the
general body of. Proprietors could not but greatly, and with
reason, be dissatisfied with the sweeping statement given by
the Chairman. He, for one, was dissatisfied with the unesndid
conduct of the Directors, and should therefore propose, as an
amendment, That there be paid to the Proprietors ilse usual
half yearly dividend of 5 per cent. on the sth April next."
Mr. Nesbitt shortly seconded the amendmeat.
The Court ultimately diri :ed upon the amendment, when
there were—For the Amendment 45—Against it W—Majority

19.
The original question was then pot and carried in the affirm-
alive. A ballot was subsequently demanded, and appointed
for Wednesday next,
The Court then ,proceeded to the consideration of v loan of
fewtnillioaa proposed by the Directors to be advanced by the
Bank to Government— to be paid in annual instalments of two
millions,and for which the Bank is to receive an annuity
aninanting in the lire years to 599,0091.
It was finally resolvedlo confirm the loan. •
By this operation, the sum.of two millions will be annually
thrown upon the money market.
The Bank of England, by their quarter, are restrained from
entering into an engagement of this nature for a longer period
than five years.