The Sun.
London, England, 1849-05-10 00:00:00

THE ASSAM TEA COMPANY.

The following are extracts
-from the Directors' Re-
port on this subject :
After a series of years of the most ruinous and dis-
astrous management, causing as it has done to the
general directory the painful necessity of frequently
expressing their dissatisfaction of the proceedings of
the local board, a decided change has at length taken
place in the aspect of our affairs, and the general
directory avail themselves of this the first public op-
portunity of stating the gratification which they had
felt from the improvement of the affairs of the com-
pany under the recent management of the local board
in India. The general directory have long felt
that results alone must be their main, if
not their only, guide in estimating the cha-
racter and ability of persons who have the conduct
of a business at so great a distance as India, and the
present officers of the company in India have been
the first to produce the only satisfactory results that
have been shown since the commencement of opera-
tions in Assam. They have kept within their esti-
mates of expenditure—they have exceeded their
estimates of produce—in a word, under the new
system, the company bas worked to a profit instead
of a loss, and that upon an area of cultivation of com-
paratively insignificant extent.
The estimate of expenditure in India for the sea-
son 1848 was in round numbers 10,9001.—the
actual expenditure was 10,3001. The estimated
crop was 175,0001bs.—the actual gross crop has
been 210,0001bs.—the net crop will probably
amount to 190,000 lbs. The gross crop of 1847, was
160,000 lbs., so that the increase in 1848 has been
50,000 lbs. More than half of the tea of 1848 has
been realised, and has produced a gross average of
nearly ls. 1 ld. a pound; the net average after de-
ducting lead, freight, insurance, sale charges, &c.,
being about Is. 7id. a pound. The actual profit made
in the past year, assuming the remainder of the
crop to realise only ls. sd. a pound, has been about
3,0001. Out of our receipts for tea, we have
been enabled to pay off 2,0001., part of the loan
of 7,0001., which had been so long standing
to the debit of the company, and the interest of which
has been a heavy burthen. The assets and liabilities
of the company in England at the present time, and
an estimate of our financial position at the close of
the manufacturing season of the present year, are
shown in the annexed Tables, E and F, and it will
we feel sure be very gratifying to the proprietors to
find that we have every reason to believe that the
operations of another year will enable the directors
entirely to clear the company of debt, and give them
funds to obtain the crop of 1850, so that the entire
value of that crop may be uncharged.
In answer to a proposal from the local board in
India, that the company's operations should be ex-
tended, the London directors sent out instructions and
remarks, of which the following are extracts :
"But you must bear in mind, in any decision
which the shareholders may come to, that it takes a
long time, well•established facts, and very decided
results, to restore confidence in the management of a
concern which has been so recklessly conducted until
lately, and to encourage a further outlay on the part
of a proprietary who have already lost so heavily.
" Having made these preliminary remarks, I beg
to say that the general directory will bring the-, sub-
ject fully before the proprietors at the ensuing general
meeting. Their own opinion is, that the shareholders
will decide to pause somewhat longer before they
agree to any such an extension of the existing culti-
vation as would entail the necessity of a further con-
tribution, and that the time has not yet arrived when
a further call even for that purpose could be made
without causing dissatisfaction.
" The subject, however, shall be attentively con-
sidered, and in the meantime you will bear in mind
the importance of continuing to fill up the existing
cultivation with seedlings, so as to bring it to the
highest point of bearing."

i fourth anniversary o
DREN.—Last evening the s..xty-
eemasons'-hall, when
ROYAL FREEMASONS' SCHOOL FOR FEMALE. elfitthLe-
t
Mb; LoFr.dßeSaudffie'e'
above charity was celebrated in Freemasons'-hall,
repast, a
costume, sat down to an elegant
worshipful grand master, pre-
sided,about 300 of the brethren of the craft, attiretd
winhmicahsotnhise
Earl of Wetland,
the Hon. D. Dundas, W. ,IdE,sqL., oArdlex.Mpilloobride:
loyaland patriotic toasts
supported
The usual
Esq., &c. &c.
having been duly honoured, followed by the accustomed
courtesies to the chairman and officers, the Noble Chair-
man proposed the toast of the evening, " Success to the
Royal Freemasons' Female School," and stated that the
institution was founded in 1788
by Chevalier Ruspini,
whose great benevolence reduced him to comparative
distress, and that two of his grandchildren were now in
the school, in which were at present 65 girls. Out of
the 600 children educated in the institution all had turned
out virtuous good girls. After eulogising the matron,
who had held that office 50 years, the toast was given
and drunk with great enthusiasm. The amusements of
the evening were enlivened by the vocal efforts of Mrs.
Newton, Miss Thornton, Messrs. George, Ransford,
&c., and also by a hymn excellently sung by the
children. The collection of the evening amounted to
about 6801.
On Tuesday, Prince Albert, attended by Captain
Gordon, visited Messrs. Bakers' pheasantry, Beaufort-
street, Chelsea, and inspected their numerous and beau-
tiful specimens of foreign water-fowl on their
establishment, among which is a pair of those rare and
gorgeously plumaged birds, the Mandarin Ducks, the
only pair in this country. His Royal Highness ex-
pressed himself very much gratified, and selected several
1 specimens for removal to the ornamental waters, Buck-
i ugh= Palace.

PARTE PRIMA.
Trio, "La mia Dorabella," Sigri. Mario,
Tamburini, e Lablache (Cosi fan tutte) Mozart.
Air, " Va,;dit-elle," Madlle. (Lind Roberto
it Diavolo)
Duo, " Vivere io non potro," Madlles. Pa-
rodi e Angri (Donna del Lago)
Air, " II faut ceder a mes lois," Signor
Mario (Zampa) Herold.
Duo, " Per piacere alla Signora," Madlle
Lind e Sig. Lablache (Turco in Italia) Rossini.
Air, "Ah se estinto, ' Madlle Angri
(Donna Caritea)
Quartetto—" Placido mar," Mesdelles
Parodi e Angri, Sigri. Mario e La-
blache (Idomeneo)
PA RTE SECONDA.
Air—" Notte tremcnda," Madlle. Parodi
(Tebaldo ed Isolina) Morlacchi.
Duo—" Bel paese," Sigri. Tamburini e
Lablache (Regina di Golgonda) Donizetti.
Air " %Vie nabte mir der Schlummer,
Madlle. Lind (Freyschutz) Weber.
Duo "La ci darem la mano,"
Angri e Sig. Tamburini (Don Juan) Mozart.
Air •• Connais-tu la chanson ?" Sig
Mario (La Chancon de Mai) Meyerbeer.
Sestetto " Sola, sola," Mesdelles. Lind,
Parodi, e Angri. Sigri. Mario, La-
blache, e Tamburini (Don Juan)
M. Costa presided at the pianoforte.
The following, amongst others, had the honour of
receiving invitations :—Their Serene Highnesses Prince
Ernest and Prince William of Hesse Phillippstal, his
Serene Highness Prince Edward of Saxe Weimar, the
Turkish Ambassador and the Secretary of the Embassy,
the French Ambassador, the Secretary of the Embassy
and Madame de Montherot, the Belgian Minister and
Madame Van de Weyer, the Bavarian Minister and Ba-
roness de Cetto, the Portuguese Minister and Viscountess
de Moncorvo, the Russian Minister, Baroness Brunnow,
and Millie. Olga de Lechner, the Sicilian Minister, the
Hanoverian Minister, the Prussian Minister, Madame
I;uusen and Mdlle. Bunsen, the Danish Minister,
Countess de Reventlow and Countess Hilda de Revent-
low, the American Minister and Mrs. Bancroft, the Pe-
ruvian Minister, the Costa Rica Minister, the Austrian
Minister and Countess Colloredo, the Archbishop of
Canterbury, the Lord Chancellor, the Archbishop of
York, the Archbishop of Armagh, Prince Schoenberg,
the Gold Stick in waiting, the Right Hon. the Speaker,
the Silver Stick in waiting, Field Officer in Brigade
waiting, &c.

Supper was served in the State Dining-room.
The Judge Advocate General had au audience of the
Queen yesterday, at Buckingham Palace, and submitted
to her Majesty the proceedings of some Courts-martial.
Viscount Ponsunby was presented to the Queen yes-
terday, at an audience, by Viscount Palmerston, her
Majesty's Principal Secretary of States for Foreign
Affairs.

Lord John Russell had an audience of her Majesty
yesterday.

Her Majesty the Queen visited her Majesty the
Queen Dowager yesterday, at Marlborough House.
A deputation bad an interview with Lord John Rus-
sell, yesterday, at his official residence in Downing-
street, on the part of the Royal Geographical Society,
including Mr. J. W. Hamilton (President), Sir Rode-
rick Murchison, Sir C. Malcolm, and Sir F. Beaufort.
Mr. West Nash had an interview with Earl Grey, yes-
terday, at the Colonial-office.

Sir George Grey, her Majesty's Principal Secretary of
State for the Home Department, has issued invitations
for a full dress dinner party, at the Clarendon Hotel,
on Saturday, the 19th instant, to celebrate the Queen's
birth day.
Sir Charles Wood, Chancellor of the Exchequer, has
issued cards for a full dress dinner party, at his residence
in Downing-street, on Saturday, the 19th May, in honour
of her Majesty's birthday.

HER MAJESTT'S VIRLT TO SCOTLAND.—From the
improvements and preparations which are being made
in the Highland districts which were visited by the Royal
family last year, there is every likelihood of their re-
visiting Aberdeenshire in a few months. At a suitable
spot on the carriage way which leads from Balmoral to
Lochnagar, a handsome cottage is being built, and is
almost completed. It has been erected at the request of
her Majesty, and probably intended for a resting-place
on occasions of the Royal party taking excursions in
that direction.—Scotsman.

FEMALE EDUCATION IN INDlA.—Yesterday the
firt annual meeting of the London Auxiliary Associa-
tion, in connexion with the Female Society of the Free
Church of Scotland for female education in India, was
held at the music Hall, Store-street; Charles Cowan,
Esq. M.P., in the chair. The meeting was but thinly
attended, and the majority of persons were females.
The proceedings commenced with a long prayer, part
of which was chaunted. The chairman having ex-
plained the objects of the meeting, a gentleman on the
platform read a statement, which the secretaries hoped
would be received instead of a formal report. It stated
that during the year 601 had been subscribed on behalf
of the association, and had been transmitted to the
treasurer of the parent society in Scotland. When it was
borne in mind that 31. 12s. per annum was sufficient to
provide for the board and education of a girl at the so-
ciety's institution at Calcutta, and that 61, per annum
served for the entire maintenance of a girl at any of
the stations in India; the promoters of the association
had no doubt that a larger number of ladies would be dis-
posed to contribute to the funds. Forty girls had been
received as resident boarders at Calcutta, and twelve
had been admitted into the Christian church by the rite
of baptism. The convert girls, notwithstanding the
temptations to which some of them had been exposed,
were all kept steadfast in their Christian professions,
The report (which concluded by announcing that 15/.
had been subscribed in addition to the 601. already men-
tioned) was adopted, and several resolutions were
passed in furtherance of the objects of the society.
Thanks were then voted to the chairman, and the meet-
ing separated.

TIIAMES ANGLING PRESERVATION SOCIETY.—The
eleventh annual meeting of the members was held yes-
terday, at the Freemasons' Tavern, W. U. Whitbread,
Esq. in the chair. Mr. 11. Parnell, of Isleworth, read
the report of the committee,which congratulated the sub-
scribers on the severe check given to illegal netting in
the Thames, and the consequent increase of fish of every
kind. The last season for fishing, whether for fly, trol-
ling, or bottom angling, was considered the most unpro-
pitious on record. The prospects, this year, however,
were more satisfactory, as it was generally admitted that
the supply of fish of every description was most abun-
dant. The preserves of the society were in a good state
as regarded the sunken boats, piles, &c., and as the sea-
son advanced, additional protection would be afforded.
The report having been received and adopted, a
state-
ment
n at
thereot t
was a bs waslanc ea
h society
e m which it appearedvoteof
tthanks was passed to the committee for their exertions
in behalf of the interests of the society. Mr. Perkins
reod f 5 fir/o. 9s. i .
A
treasurer of the
thanks.the h nTorhaery airman
aproposed a vote of
strhoecatuinerktuys-e.dtoThese gentlemen having responded, a vote of
thanks was passed to the chairman, and the meeting se-
THE PROTESTANT
wAassshoeclidA.TyieosNt
raxn
se-
parated.
dsy at
mtyerously attended. Mr. Plumptre
entuaerl.
hall, meetingand owfasthviesr)s,ocniue
presided, and in opening the proceedings dilated at con-
siderable length upon the turmoil and agitation which
prevailed in continental Europe, and a specially in Italy
and the Papal dominions. He exulted in the anticipa-
tion of the destruction of St. Peter's a ad the Vatican—
events which he had seen announced as probable from
the French intervention. He quoted circulars of the
Pope from Gaeta, in order to show that the character of
Roman Catholicism had not changed, end that Pius IX.
still asserted his pretensions as the representative of our
Saviour upon earth, and he concluded toy predicting the
speedy downfal of Popery. The report was then read
by the secretary, Mr. Lord. It detailed: the proceedings
of the association during the past year; :in the course of
which 2,000,000 tracts had been distributed by it. Pro-
testant principles, it stated, were making rapid progress
all over the world, and with a strong pull, a long pull,
and a pull altogether Popery would be in iitten for ever.
From the financial statement it appears that the receipts
of the association during the past year an wanted to up-
wards of 9001., and that their expenditur s exceeded their
income t
by 6001, Against innnsetntvheirsebdalaantcleoaosi is were
Jere. Bate-
placed,
leaving
Bate-
man moved, and the Rev. D. Foley sec onded, a motion
for the adoption of the report. The m N 'tin g was then
addressed by the Rev. W. H. Peters, the E.ev. H. Stowell,
the Rev. T. Moriarty, and the Rev. C. P re st in support of
resolutions founded on the report, and in accordance
with the ob;eets of the association. The usual vote of
thanks to the chairman having been carri o d, the proceed-
ings terminated.

The Earl of Ellesmere has directed t e building of
a commodious church for tho seamen YiSiti ng Runcorn.