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Mr. Finlay commenced his observations with ex- ,
pressing the deep obligation the community of the
city was under to the Lord Provost and Mr. Ewing,
for their exertions in this cause in London last yer,
which were such as to have warranted the assent-.
bling a meeting like the present for the express
purpose of thanking them. In the course of his
speech Mr. Finlay took occasion to pronounce a very
handtome eulogium upon the late Sir Thomas
Munro, in which sentiment the feelings of the toWus:
men of the Gallant General entirely coincided. We
shall confine. ourselves to a :short part of Mr. Fie-
lay's very comprehensive speech : •
—Before reading the petition which the Com-
mittee wish to submit to the meeting, I should like
to state some facts which will be found to he em-
bodied in it; for there is nothing stated which we
are not prepared upon the most complete evidence
fully to substantiate. Now, in reference to the nes
tttte of the evidence, I would take leave to say that
it is almost entirely furnished by the public doeu-
Ittet4s of the East India Company themselves, and
therefore you will go along with me in saying, that
better evidence than that cannot possibly be fur-
nished. One thing I should premise to you, that
we all know the charter of the Company was of the
nature of a lease—that it was given by Queen
Elizabeth for fifteen years ; and so cautious was
she, although not scrupulous as to the monopolies
granted to other quarters, having frequently given
very important monopolies to favourites for a con-
siderable time—indeed such was the fashion of the
day—that she made a special proviso that if it
should not be found for the advantage of the State
it should be recalled on a notice of three years.
Another feature in this charter is this very .cautious
stipulation, enacted by Parliament in the reign of
George 11., that if the East India Company did not
bring forward a sufficient quantity of tea, so as to
keep the price of it at a moderate rate, the Lords
of the Treasury should be permitted to grant a
license to private merchants to import such a quan-
tity as might reduce the price to a level with that
of the surrounding nations. Now that Act of Par-
liament was never acted upon, and was so com-
pletely neglected, that when the charter was renewed
in 1813 it was totally overlooked; and it was not
till afterwards, when turning over some old Acts, it
was discovered and repealed. These two facts I
mention in the outset. The first part of our peti-
tion affirms, that trade to the East Indies
has greatly increased since the opening of the.
trade in 1813. You might pardon me for not stat-
ing any thing on the subject, it is so perfectly appa-
rent; but I shall concisely give a few details from a
paper which has been published by the gentlemen
in Liverpool. In the year 1811-15, the value of
the export and import trade of the British Islareis
with the East Indies amounted to no more/than
1,527,7291. In 1826-27, the trade still etmounted
to 1,586,701/. In 1811 the East Itit,itis Company
-exported cotton goods, of all descriptions, to the
official value of 16,2521.; in the ‘esame year, the
private traders exported to the. -rislue of 71,673/.
In 1828 the declared va!ne...4 Cotton manufactesesl
exported to India was 2,069,373/., of which the
;company's preportion Irv" 20,2684 Its 1814 the
nufolier of yards of kotton cloth exported was
812,208, and of cott
twist, 81b. In 'lB the
the
itunhar of yards of cot n cloth was 44;284,776,
ando rti of
n tv
pan b. Of the first, the pro-
-3(
was 306,000, and of the
second, 90,040 lb. Tae result may be shortly
summed up ; through tgie activity and enterprise
po 'oifs tt' he e 4,C6408m,
of the free traders, thei, quantity of cotton piece
goods had been increased-ime,ratsese in a proportion
of more than fifty fold, and cotton twist, from a tri-
fling quantity and value net worth nearing, had
reached the large amount of between four and five
millions of pounds weight, and of the value of near
400,000/. per annum. In 1814, the total value of
woollens exported to India, including China, was
1,084,4351., of which the East India Company ex-
ported to the value of 1,061,2224, and the free
traders only to that of 20,213/. In 1828 the total
exports amounted to 898,7571., or had fallen off by
17 per cent. The total exports of this article by
the East India Company in 1828, amounted, for
India and China together, to no more than
622,7751., or had fallen off in fourteen years by
more than 41 per cent. The exports of the free
traders to India alone amounted in the same year
to the value of 276,8211., or had sustained a thir-
teen-fold increase. The facts connected with the
exportation of metala arc strikingly conclusive of
the advantages which have resulted from the open-
big of the East India trade. Under the close mo-
nopoly, the only metals exported to India and China
were iron, copper, tin, and lead. To these the free
trader has added brass, speiter, and quicksilVer. In
1814 the total quantity of metals exported to India
was 11,331 tons, and the total value 491,9704 Of
this the East Jodie Company exported 9,813 tons,
value 347,5831.; and the free trader only 4,520
tons, value 120,387/. In 1827, the total quantity
exported rose to 34,093 tons, - and the value to
768,9851. Of this quantity the East India Com-
pany exported only 8,5124, and the free trade:
23,580 tons. The next point in the petition is
that the trade to India, valuable as it is, would be
considerable more so were it not kept out of China.
The China trade may be taken n divided into
three parts. The first is the direct trade of the
Company front
Britain to China—the second the
trade from the East Indies to China, and the
third the trade by private merchants from India
to China. Now if I can show you that the
private merchant' in India can beat the Com-
pany in the China trade, it seems probable that
the private merchants here would also beat the
Company, were the trade between Britain and
China opened up. I shall give a statement of the
Company's trade between India and China. In the
year 1814-15 the total trade between India and
China amounted to 795,5294, of which the Com-
pany had 221,5891., and individuals 2,573,9181.—
Other years were as under :

TRADE BETWEEN • INDIA AND CHINA.
Year. Individuals. Company. Total.
_ _

1817-18......3,327,770 710;100-4,037,870
20-21 ...... 3,328,039 602,999-3,931,033
25-26......3 943,229 201,603-4,235 332
26-27 ..... -4,126,809
TILL> shows that, with an open trade the East India
Company have not been very successful, and that
the private merchants hare had greatly the advan-
tage of them. The petition states also, that if the
British merehnnts were allowed to trade directly to
China, the American and other States would not be
able to compete successfully with the British manu-
facturers. It may be said this is a mere assertion;
that the trade does not exist ; but the Americans,
with all the advantages they enjoy, having the free
trade from India to China, have been fallim2 off in
their trade with India, and it is but fair to presume
that if the competition was open to British mer-
chants it would be still farther lessened.

[Here Mr. FINLAY presented a number of docu-
ments, from which it appeared that in the year.
1814, when the trade between Great Britain and
India was partially opened, the tonnage of vessels in
the India trade was 39,141 tons, of which 34,819
belonged to the Company ; but in 1828 the total
tonnage was 109,154, of which there only belonged
to the Company 41,388 tons, so much had the ge-
neral trade increased. As to the increase of Ameri-

can tonnage to places East of the Cape of Good
Hope, in 1814 it had been 1995 tons, arid in 1828
it amounted to 14,122.]
The India Company plumed themselves on the
number of seamen they employed. Now, the greatest
number they have ever themselves emplOyed was
4,111; while, since the almission of the 'private,'
traders, the men employed in the East India trade
Amounted to 8,571. In fact, the competition of
private merchants has at . all evens succeeded in'
very-much supp/anting the Company and the Ameri-
cans, as far tis the trade has yet been open to them.
The next point is the increase of the American
China Trade. It is not long since the Americans
had any trade with China at all ; and it is sufficient
for me to tell you, that it grew up and was fostered
only by its freedom. :• The American trade there
had no other advantage. They had no monopoly
prices to encourage them,nor great power of money,
mid the consumption of a market like Great Britain.
I will read a comparative statement of the Com-
pany's trade and that of America. The greatest
year of the Company's trade with China amounted
to 4,200,0001. The amOithrof .the value of the'
American. imports and export's into and from China
7—average of • • •
Fear years -1804-to 18a7 £1,511,5:.58"

Three —7— 1809 to 1811' • 1,678,098
Fotir 1615-,to 1818 • 2,761,028
Seven 7-7:— 1813 t 9,1826. , 3,14,5,749

In 181.8-19'it was
As large art amount nearly as-the East India Com-,
patty ever did with all the advantage of their mo-
nopoly. Thus _you see' in the Americans all the
.advantages of a freC and unrestricted wide, com-
pared with a monopoly and an unbounded supply of,
wealth. The consumption. in America of tea does
not amount to 1-2 millions of lbs., 'and it is surpris-,
ing their trade should have amounted to this tre-
mendous sum. The Consumption of.Britaißis from
97 to 28 millions of lbs.—There is another part of
the petition which state*that.the Government need
feel no apprehension that the duties 'on- tea will be
reduced in the event of trade being thrown open.
Now, We are warranted to say this, that in America
and Canada we see a large rated duty collected, as
well as in other countries ; ;and certainly if they can
collect a duty upon 12, millions of lbs. of tea in
America, much more easily could it be done here on
three times the quantity, even were the rate some-
what higher. Nay, .it is stated in the petition not
only that the duty can _be certainly maintained, but
that it would he in the power of the Government to
put even a higher duty upon it ; as, if we•can get it
from the private merchants at one-half:of the price
we now pay to the East India Company, it certainly
follows that we might be able to pay a higher rate
of duty, if tieeessary,_apd.yet. be gainers by an open
trade; but if .11e-same duty were retained; the con-
semrioll would soon increase to nearly double what
it is at present, and the Government would not only
••teceive an immense addition to their duties on tea,
[lout an additional income from the great increase of
the
consumption of sugar. It was an entire delu-
sion that the revenue would diminish, so that the
boasted objection of Government proved to be a
bugbear. .1 will now State the rate of duties we de-
live from our Colony of Canada, and the rate of
duties in some other places, and show how much
lower it is sold abroad than here.

m;:dioprierdo,vossetc,olndagedreethhei
Were Mr. Finlay quoted a variety of documents,
s;heao.isida,z4ii-rirril.riggpecjicsi:eofpeatitasritkfimoo.itt:e,m2iliyettirlloyoTzr: saloldf
concluded
uidnedo‘tvhi
with
motion.Alr..D AVID BELL.—my-
respect with what bas Just been expressed by
the Hon. Gentleman on your right (Mr. Finlay),
and also with the petition which has just been read.
But I would beg leave to give it as my opinion, that
the commercial and manufacturing distress which is
now felt more than during the past year, would be -
much more allietated by an increase of imports than
from an increase of exports. His Grace the Duke
of Wellington has said that the exports of the year
It,zo have been greater than in any previous year.
But wha has been benefited by this increase ? The
country, I aver; this moment suffering as much
as ever it did; and I verily
believe, as matters are,
we export too much. I wish the duty on worts
and exports to be regulated so tharthe taxation upon
the one may be assimilated to the other. It is by a
diminution of the duty upon imports, I say of the
taxation upon imports, that the trade of the country
is to be benefited, in preference to any thing, else.
And as a cotton manufacturer, humbly imitating
some of the manufactures of India, I would beg to
cull your attention to the duties upon the cottons
imported into•lndik They are subject to a 'duty of
3f per cent. 'We send our manufactures to India,
interfering with those produced by the. Hindoos at
this 'rate of duty, while on the other hand India
goods are charged with a ditty of at least 10 'per
Cent.—(Hear.)—All articles imported frem the East, ,
excepting cotton and one or two other articles, are
heavily taxed ; while the article of tea, which is
• now used by every poor woman, as well as the inhae
bitants of this country generally, as an article of ne-
cessity, is subjected to the enormous duty of 100 per
cent. I have not the least hesitation in saying to
this public meeting in our commercial capacity Mat
we are the most illiberal nation in the world,
(Great applause.) I repeat, that till the duties on
imports be diminished, in other words, till there be
a reduction of taxation, this country will never be
benefitted.—(Applause.)
Mr, SAMUEL HUNTER professed himself little
acquainted with the commercial part of this ques-
tion, but he was decidedly hostile to the power
being continued to the East India Company °l inters'
fering with the personal rights of their fellow-drib-
jects. He considered it a gross anomaly that a trading
Company of merchants should be allowed to exer-
cise a power of exclusion in those territories which
they actually possessed, or over which their lath'.
ence prevailed, which was denied to cur own Sove-
reign in other British settlements. He could not
approve, therefore, of the permission to colonise in
India being claimed upon the ground of expediency ;
because, if it were proved that our representations
on that subject were incorrect, the point must neces-
sarily be given up. The plea we ought to urge
was that of ineete right ; but this had all elong
been lost sight of, in consequence ref the extrava-
gant and tyrannical powers possessed by the Come
pany till 1813 makiog us deem every afterseelaxa-
tion of them as an unhoped-for acspiaition. By the
former charter, if a British subject were found
to the east of the Cape of Good Hope or the
west of Cape Horn, he was immediately to be
transmitted home in irons, and, on the ship's
arrival, was to be sent to the nearest gaol. The
Parliaments of former times thus far sold the
whole of the people of the British 'size to the
East India Company for half a million a-year,
amounting to eightpenee or ninepence a-head, It
was hardly to be expected that the Company
would seriously propose that coca an insulting
clause should appear in their new charter; but
they did so—having insisted at the outset that the
former charter should be renewed bodily, Though
this was not granted to the extent required, B:in
is our individual liberty hampered and trammelled
by the East India Company. If any one wishes
to change his native domicile, he may go to any
part
of the world he pleases, with the exception
of not coming near the East India Company's
Asiatic dominions. There are many nlineee, no
doubt, where he may meet with sal uucourteous

reZeption; but there is do previous Oollibitioa to
his making the attempt. Shad he, however, pro-
Pose to settle. in any country-ender the wide sway
of a Company of his own conntiymen, he is not
only prohibited from settling among them, hilt he
has the mortification of seeing this liberty •granted-
to the individuals of every other nation, however;
degraded in the scale of liunsanity,—it being only.
the enlightened free-born Briton who is thus ex
-eluded. The Parliament of Great Britain have
said, there is a portion of God's creation from en-
tering into which we shall debar a certain descrip7
atop of God's creatures. That portion of creation
was not bought with the money of merchants, it
was almost wholly gained, whether right or wrong
it was unnecessary now to enquire, by British
blood; and the persons who are denied the privilege
of entering it are precisely those whose privileges it
is the duty of that Parliament to watch over and
protect. Mr. H. concluded with saying he did not
wish to disturb any part of the petition, which IT-
peared to be most ably drawn up; but he certainly
thought that the hest mode of bringing forward -
the question of colOnization in India was expressly
to state to Parliament that we were most unwilling /-
to submit longer to hare our right of settling in any
part of the world we chose limited by a British en-
actment.

Mr. DCANS, of Batavia, in a very neat speech,
entered into an examination of some of the sArgu-
merits used against free settlemer4 in Italia. He re-
(erred to the settlement of the Pot tuguese, Spariiarle,
and Dutch, from which no evils had arisen ; on the
contrary the natives seemed attached to the • .
Europeans. He also particularly referred to the
East India Company's servants, to whom the
300,000 natives in the Company's service were
perfectly subservient, and argued that no clanger
could. arise from free residence being permitted to
persons who meant to promote their happiness.
- Mr. H. Mowrurrit proposed that the petition ,
to the 'louse of Peers be presented by the Duke
of Hamilton, and that to the Commons by Mr. -
Campbell of.Blythawood.
Mr. HOULDSWO&TIS seconded the motion; Which
was unanimously agreed to. - _ • -
Mr. JAS. A. ANDERSON said, my Lord Provost
and Gentlemen, the matter of petitioning Parliantent
being now disposed of, it might seem the object for
which we are assembled is concluded. But I would
remind this meeting that it is not sufficient to adopt
any one measure, however judicious it may be to
the furtherance of a great purpose, but that, on the
contrary, in a measure of such momentous import-
ance us assembled us here this day, we ought to
leave t o measure unresorted to by which our siccess
may be insured. 'faking that for granted, I trust
the meeting will concur with rue in opinion as to
the propriety and necessity of our again sending a •
deputation to London during the sitting of Pistilli-
went, to give weight to our representations, to col-
lect and impart information, and to attend generally
to the progress of the, question. Liverpool lies al-
reedy sent a deputation to London, the other great
towns are following their example, and we have
done so on all former occasions. It will not be ne-
cessary that that Committee should be very nume-
rous for this purpose; indeed, in questions of this
kind, numbers are generally admitted not only to
embarrass, but to incumber. - Two or three gentle-
men of zeal, talents, and extensive knowledge of,hu-
sinees, and whose names will give weight to all
that they may say Or do, are what. we requiee in a
case like the present. Having premised so much,
I beg leave to read the following resolution, which
I hope will commend itself to the approbation of
the meeting.
•
With respect to the persons named, it is quite
unnecessary for me to eulogise them. We do not • .
forget, as to your Lordship; the many other im-
portant duties which you have to perform ; but
neither have we forgot, what . Mr. Finlay halt al-
ready alluded to, the zeal, promptitude, and elacrity
with which you last year attended to the call of
your fellow-citizens. As to the qualifications: of the
other two gentlemen who are associated with your
Lordship in the deputation, it would be presump-
tuous in me to endeavour to commend thetn
meeting ; I shall therefore content myself with saying,
th.t if there are gentlemen in Glasgow hettee quell-
, Lett In any ye:el.-tee 1... .-.ffitu: which is here
proposed to be assigned:i. httoethem, I. have not the
honour to know them.--i,C4teers,)
Mr. W. GRAHAM seconded the motion, which
was carried with acclamation. •
Fe to? en r
fie td
n,
cand
reposed slr. . Os.
inlNthm'Ael'ph,e andreturnedLOßDpledged
P ao
thanksvo sr
f, Air.
themselves to do all in their
power for the public.benett.
Mr. Frenetic proposed the thanks of the
meeting
to ,the Lord Provnet aid Mr. Ewing, for the zeal
and ability with which they hau ,AUSL
.a in them last year, which was carried with ac•
clamation.

These gentlemen haying replied, on the motion of
Mr. FINLAY, thanks were toted to the Chairman,
and the meeting adjourned.

HQAIEWARMOUND TRADE.

The following important communication for owners
and masters of vessels has been made at Lloyd's :
" Admiralty.offlce, Feb. 11.
" an commander) by my Lords Commis-
sioners of the Admiralty to request that you will ac-
quaint the Committee for managing the affairs at
Lloyd's,. that his Majesty's ships, lately employed
in affording assistance to the homeward-bound trade
detained by adverse winds in the chops of the
Channel, have relieved several cases of very great
tind urgent distress ; but there is reason to appre-
hend that several other vessels requiring assistance
Nvere not fallen in Avith.

" In order to render future assistance of this na-
ture more easy and My -49-rdp',suggest.
that the masters of merchant vessels„so detaineA.
in the chops of the Channel, and in want of assiat-
once, should be dira&ed by their oWners; al a ;tend-
ing rule, to,keep as -near as possible in :what is
usually marked in the charts the fair-way track'
up Channel—namely, the latittide of 49. 27. N.,.
until within thirty miles of Scilly, stretching not•
more thau twelve miles on each side of that parallel ;
and his Majesty's ships which may at any time be
cent out to relieyo the trade, will stretch along that
space, 'and thus increase the chances of falling in
with the distressed vessels.

" On fulling in with , a man-of-war, a vessel re-
quiring assistance should hoist. the usual- signal of
distress at her main-top gallant-toast head, and make
every effort to close with his Alejesty's ship ; and
much valuable time would, in bad weather, be saved,
by writing in large characters, with chalk, on a log-.
board, or on the quarter-boards, the name of the
article of which the vessel is most in want, as the,
first boat sent from the man-of-war could then carry
part of the supply.
" Their Lordships will issue corresponding stand-
ing orders to their officers; but while they desire
that the masters of merchant vess,ls should conform
to these suggestions, they are anxious to press upon
them the necessity of being provided with adequate
resources to meet the contingency of foul winds,
without relying too much on falling in with hie
Majesty's ships, even in the.track pointed out, as so
many circumstances may occasionally occur to dis-
appoint such expectations.
" I am, Sir, your very humble servant,
" Jlr. 11,:naett, Lloyd's. " J. W. CROKER,"

INSTALLATION OF KNIGHTS OF ST.
PATRICK.—We understand the Lord Lieutenant has come
to the resolution of holding a Chapter of the Illustrious
Order of St. Patrick. There are now four vacancies, and
the concourse of strangers—and those of the first rank—
which such a ceremony would necessarily assemble in the
metropolis—the splendour of the dresses, and the festivi-
ties induced—that of the splendid hall usually given by
the newly created Knights on such occasions, inclusive,
would render a ser‘ice to the trade and manufactures of
Dublin, surp...asting in extent and efficacy any ether mode
that coi2d he devised. It is said to ha at the suggestion
of her Grace the Duchess of NOMIVIIIMAL•ND ; and if
such be the case, it gives her smother slain' upon Irish
sratitude.—..Daelia A.ll.'rninv