The Sun.
London, England, 1801-04-14 00:00:00

NUMBER I:

xd -AtrUi t SOO;
. Mr. Thuti nAs; in his I.4itit to the Chairman oti
the Question of Private Trade, and India.huili
Shipping, courts a decision, thinking, that in its
present state, much Mis Chief results to the Commu.,
,pity at late; and he is the more impelled so to do;
as hoping to suggest some proper meditiM between
these extremes which agitate the contending Parties.,
The Right llom President clisclainis Any idea
of being a Party to those opinions; which go to
general attack upon the East India Company's Mo.
nopoly. He remains on the exact ground of his re.,
newal of the Charter in 1793 ; that though a direct
interferenCe may be necessary; yet the detail of Pa.
ttunage must remain- in italu fug. Or the stibjed
-of Freight; lie, is prepared as well as any man to
cry down the Abuse ; but is equally averse to the
Company's Trade _being left tta the chance of the
Market at large; The Monopely is attended with
these twomaterial circumstances :

Ist; That the exportable prOduce of India exceeds
what at present the Company is capable of em.
bracing. 2dlyi- That the Monopoly does riot rest
on principles ofcoltinial exclusion, the. Trade being
open to Subjeets in amity with Britain. If there:
fore the Trade is to, be limited to the extent i.of
their Capital, what is to bccoine of the remain.;
der Nothing can be, more just or natural than
that the. Capital British Subjects resident in
,In.
dia should be brought where it- is desirable it should
ultimately. settle : this is. the true appropriation of
the . Surplus; but the Trade to and. from India
ottght not (iti the common acceptation of the terms)
to: be ftee to lVlajesty's SubjeCts. If the
d&iling with the ManufaCturers..already confined to
Government, were laid open; d boundlepiLscene of
confusion and fraud would present_ itself, suticiently,
exemplified in Lord CaRNwALLts Letter of the
ts:t NOV. 1788,. paragraph, 24. and. 31 inclusive
bow then is the Tra4e to be conducted ? By Agents
licenied by the Company, and the mode of convey:
ince.

,IN tax EtIILT' Stitt, ten.,
cleric), of this meastitc,,kis been unanimously ap.:
provedby the ablest servants in India, aric 'hOthing.
has prevented its adoption but the great citiantity of
unemployed ShiPping sent cidt by the Company:—
The Investment anti Shipping ought io be systema-
tically conthided; and a discretion' raft to supply
accidental deficiencies with the Shipping tb be fdund
in. India; the- regular Shipping from this Country
should bear-an exalt protortion to the expieeted
vestment. It was on this prineiplt soon tans of
private trade.were appropriated' in 1793, at' the re-
newal of the Charter; though expefience has
proved its inadequacy ; that 'clause in the At ought
therefore to be repealed, and a power .granted
in lieu, to employ 'lndia built Ships, 'which
Ships Might be contratled for by Governnient and
re-freighted to the individtials; this would not opt;
rate against the regular, Shipping.. The only cited
of its not being adopted Would be to benefit the
trade of other Nations, but not render any addi:.
Lion to the regular Shipping of the Company: It
may be also considered; how tar it is Consistent
With the national interests that so much Ship
Timber of this Country ought to 'be- appropriated
to its commercial concerns it has beets asked; why
should not the Subjeas in Great Britain have the
same indalgencies with those contended for in
India ? • '

The answer is plain; a material national interest,
the exclusion of Foreigners. =Such ,an indulgence
to English
.Merchants might tempt them. to with..
draw the capital of the Country to a trade less pros
fitable td themselves 'and less beneficial to the Pub.
lie, introducing a rival capital in :India against the
remittance trade of the Company; and the individuals
sheltered under its wing.--==The export trade ttl
bidia can never be proportionate to the wealth and pc .
pulation bf the Indian Empire ; hot bur the, exports,
increasing haie been increng may be considerably
increased, but the peospeh must be a liihited one,
A difference of opinion has prevailed to what places
in India Private Trade should be tilloWed;
there does not appear grounds for any: particular.
restriftion with regard to Agency at home;---there
is not cause for an interfetencb of the Company,
prnvided the gre4t point is observed:--4hat every
thing comes through the COmpany's Sales and
Warehouses: