The Sun.
London, England, 1806-12-30 00:00:00

TO THE EDITOR.

SIR,

. THE perusal. of the different' extraas from Sir Art-
R 4§ig y'i Speech, rglative to the Finances
of India, has induced. me..to. examine; with great
atter.tion, ey.-3 Indian Accounts :laid- before Parlia-
ment, and to cOmpare them with the private intel-,
ligence. received.-ffom India by the last dispatches,
-041 d lairtobotatecf by the general repor ts- Wla la *pre-
vail at 'the India House, respe6ting. the present
trlourisl-iing state Of the. Company's affairs in that
part of the world.

In the remarks which have occurred to me on an
,examination of these d,ocurnents, the debt, charges,
&C. are brought up tO 1806, w.h(ich is nearly a year
after Lord,WELLAstay!s departure from India; be,-
cause a portion of the expenses of 1806 are probably
'poune&ed with the preceding measures of his Lad-
government, 'and include several extra and
tmporary charges incurred in consequence of the
lvar. The foundation of all the subsequent reduc-
tions which -have taken, place was laid by Lord
-Wai.LEsmly, in: contemplation of the return of
peace, in his different orders of March, April, and
May 1805, for a revision.: of all extra charges, and
e,tablishinerits ; which orders have been laid on tho,'
'Table of the House- of commons. In fact, the
jam redu&ions et-Te6ted in India, consist chiefly of
extra charges; which arose from the war, and have
necessarily ceased on the' return of peace. The
great mass of these reduEtions, therefore, may justly
;-,s said to have originated in Lord WELLF.sLEY'sar-
;-angements and previous orders. With these pre,
liminaryremarks, I "observe,'

First. That the-revenues of India, in r 798,
Were - - • - £8,?39,831

ICevCnue in 1566

ncie4e Revenge

i ,600,000

£7,541,1?

secondly. The debt in India •in J793,'.was ,C ti,032.645
Debt in IS66,Ava's - z7,7zt,39

I ncreasp of ciebt

c 1,6,6890'49

Of this sum, upwards of ten millions sterling has
been occasioned by loans, 'raised in India, to.make
the defr.:ieney, of Supplies from Europe to In-
dia, for the payment of commercial and other charges
ticlonging to the Company,'and to the-Government
in England : or, 218 it is called, the home concern.
Lit these ten millions sterling, about four millions
~~erling has been expended on account of His Ma-
jestys Government, in foreign Expeditions ordered
from home, and in maintaining the foreign European
Settlements conquered f*?l- His Majesty in India
-during tho war; and the remainder 'has been laid
wit on account of the Company's commerce, and
of other charges connected with the Company in
'England.
. _ •

"rnirdly. The Company's assets, or floating .• .
property in India, were, in i7gS ; - 7 • 29,922,903
Assets in 1806 were
, 17,252,399

41..re4; of assets

Fourthly. The revenues iti tBO6 are esti-
'lima at • , - -

k7,2i29,496

15,00,0.•

Uhe charges in iRc6.7, in, hiding interest of
Airith ,ut any other reciudion than ex-

bra waF
US • art r paying all charges &c.

14,R00,c00

soo,ooo

14,700

. . _ .. ~
Net driieiency ditto di ktC), iii 1795, _ - . -
.rt annual impfoveuient, without including re-
. tlktetion, in many braticiws 4,:f Inc:Government,'
.x.linic;imust be the necessary consequence of a
iirite., of verininent peac:t - . - ‘. 994 100
From the preceding fa6is I deduce the following
t_sults. .

First. That while the Indian • debt has increased
in the amount of ten millions sterling, on account of
Lome expeuces, it has only increased during the
sarne•period. six millions on' accou:at of expences
road.

See.ondiy. That for this increase of six niilliins of
debt, on account of expence abroad, a permanent
annual increase-of revenue has been acquired in In-.
dia to the amount of seven trillions and a half.
Thirdly.. That while the :debt, on account of ex-
'lances abroad, has increased six millions sterling,
the Company's floating property, or assets abroad,.
has increased, during the, same period of time, up-
warls of seven millions sterling.

Fourthly: That. 'during the last eight years not
Only have 'the' growing resources of India kept pace
iwith the demands Upon them, andnot only has In-
.
- pnid her own e%pences, but Judia has acamlly
eontril)uted (exclusive of the increase of•coMmerce,
auties; upwards- of ten millions sterling in' aid
of the mother country ; of -that sum four millions
sterling have been ekpetided on 'account of his Ma-
jesty's Government, which clearly proves the false-
liood and absurdity of the assertion,. that --:England
has been taxed on account of India.

„
In addition to these statements, it appears, -that
during the last eight year-i, notwithstanding the con-
tint preltsure of war, and other extraordinary causes
"pf expence, the' Company's credit in India has: im-
proved at leasutwelve per cent. in the value of all .the
public securities of the IGoverni-nent:':

170: 1806.
Discount. • Discount.
The six percents. having beep in per cent. 71 to S percent.
14er cents. "- to 131 per cent.
frctn-1 per cent. to par.
"4 "i7weive per cents. - to I per cent. • paid off.
Ten pa cents. None. • i'rennum 4 to 5 per cent.

In consequence of the high degree .of security
which the British EMPire in India has acquired dur-:
inl4 the last eight years; and the general confidence
'reposed in the stability of the British power in that
'quarter of the world; individuals think their capital
equally Safe in India as in England.
'During the same period, the commerce of India
has been so much ~improved, that Lord CORNWAL-
Lis, in.adVetting to one branch of it, expresses 'his
,
~pinion in ,
; toe fallowing words, in a letter to the
Court of -DiteElors, dated August 9, 1805, and
printed by Order of :the House of Commons
But,upon the fullest information could obtain
t7)l' the present; state. of the trade- betwixt the ports
of India and Cantnn, it is evident that it will only
,reqUire that permission shoUld be given to your Se-
leU Committee there, to extend the'receipt of Mo-
'ey tor, on Bengal, to an 'amount equivalent to

4' Private bills at is per cent. were with difficulty ne6otia-
hie l't 79S at discount of z per cent m m per ens. • •
a

the treasure di?.ta:nc,d at Madras ; and such is the
astonishing increase of the exports from India-, espe7
cially in the articles of cotton and opium, from this
place (Calcutta),.,tvithia these few years, that there
cannot be a doubt of the amplest supplies being
tendered hr their_accptance, the experience of last
year having, proved, that the offers of money ex-
ceeded the demands of your Treasury there to the.
andofflegrlorty lacks of rupees, or 500,000;. ;
as the exports of the present yeqr are ilicreased
even beyond those of the last,' tbere can be as little
doubt of an equal abundant resource behig open this'
'reason to the'aCceptance of your super-cargoes 'at
Canton." t

•
It may further be observed, that of the gener3l
Increase of the revenues of India during the; last
eight years, amounting, as I have. before stated, to
seven millions and' a 'ltalf sterling., the annual :in-,
crease of the "old revenues of-Bengal alone, under'
-Lord WEiLLESLEY'S management, has amounted to
-nearly I,soo,oool.—.4ifteen hundred thousand pounds
steflincrb, which annual increase has not been'occa-
sioned by new taxes or imposts, but by improycd
regulations and Management, and by increased care,
'and vigilance in the business of every department of
the Government.

I therefore assert (and it is an opinion founded on
much accurate obserVatioq);t hat. the existing system
of Government in India has proved, and must con-
tinue to prove, as long as it is administered with the
purity which has distitpruislii it for several years,
past, a fruitful source ol'happiness, wealth, 4nd in-
dustry, to that flourishing Country.
-I -am, Sir,
Your obedient hunibie Servant, .
AN OLD PROPRIETOR OF EAST INDIA STOCK.
London, Dec. 17, 1806. •

t The amount of bullion exported to Bombay only, from
China, in. 1805, is at least ti;cylool.. . .

MAILS.
GOttetiburgh, Dublip, 2 Waterford.

PRICE OF STOCKS
THIS DAY A TWELVE O'CLOCK•
Consols - - 602, 1 Red. Ann. - 58

THE SUN.

SOLES( QUIS DICERS TALSUM AUDEAT ?

LONDON,

TLTESDAY, DECEMBER 30, 1806.

WE have received the Hamburgk Correspowiontert
of the 17th inst. Several private letters, haVe also
been received, which concur in stating, that consi=
derable apprehensions are entertained that the French
, mean permanently to occupy Hamburgh, and tliat it
is also'their• intention to take possession of Holstein.
It is not however probable that BONAPARTE will en-
gage in a war with Denniark until he has finished his
campaign in Poland, because it is' evident that he
considers it absolutely necessary to bring the. whole
of his effective, force
,to bear against the Russians.
The only division which he has left behind is that of
General MORTIER, which is composed, principally. of
Italians and Datch ; and if the siege of Stralsund be
really determined upon, it will fully occupy the
attention of,thewilole of that division. Deijmar •
is, however, ,arming, with the intention, we hope,
of resolutely defending her territories from unpro-
•voked invasion. The
,correspondence which has
been for some time a&ively carried on between BO-
NAPARTE/and the Cabinet of Vienna appears now to be
drawing to a close; the Wier must very soon come toa
decision. The PrOclamation of General DOMBROU7,
SHY, for re-establishing the Kingdom of Poland,
.has.
:,iven
,considerable uneasiness to Austria, and Count
SrAntoN'-delivered a•Note to the French Arnbassa-,
dor, at Vienna, upon the subje& The answer
Which was given to this Note is not known ; but
it is not probable
,that BONAPARTE will relinquish an
object which be has so much at heart at the desire •
of Austria : be may, indeed, under the present.
circumstances, temporize fora time ; but if he should
be successful. against Russia, there will be no impe-
diment to the accomplishment of his design, and
Austria must expea to feel the effects of his resent-
ment.

The roport in the foreign Papers, of Russia hav-
ing declared War against the Porte, is liable to con-
siderable doubt. The Treaty between those Powers
was only:signed early in Oaober ; and though the
Battle of Auerstadt might have had considerable effect
tipOn the wavering'Councils of the Porte, We can
hardly believe. that it would have the effe& of in-
ducing Turkey to engage in a War with Russia at a
moment when she is not able to reduce her own re-
bellious subjeas to submission. .

The following are the days appointed for the
Drawing of the_ensuing Lottery :'

ist Day, Tuesday, 13th fanuary.
2.d 'Thursday, 224.1
3d Monday, 26:h'
4th Tuesday, 27th
sth Wednesday, , 4th February,
6th Friday, 6th
7th Monday, 9th
Sth Wednesday, lith
§:II Friday, 13th
loth ' .Saturday, 14th.

A Cabinet Council was held yesterday at the Fo-
reign Office. Nearly all the Members of His MX-
TEsTy's Cabinet w:•:e present. They deliberated
from two till half past fpuro'clock.
The conference at. the Board of Trade
which we mentioned in Saturday's VaPer, was to
take place on Monday, lasted from twelve till t‘%o
o'clock. Lords
,HOLLAND and AUCKLAND, Lord
FL PETTY, Mr., TIERNEY and Mr. N. VANS-ITTART
were present.
_ _ _

"Nine Sail of the Line and three Frigates were
ready for sea at Breit on the 9th instant. •