The Sun.
London, England, 1824-04-15 00:00:00

STEAM NAVIGATION TO INDIA.

PARTHER ACCOUNT of the PROCEEDINGS of the
COMMITTEE appointed to carry into effect the RESO-
LUTIONS passed at a PUBLIC MEETING, held at the

TO'VN HALL, CALCUTTA, on the Oth Norember,

1823. *

AT a MEETING of the COMMITTEE,
on MONDAY, the 10th November, 1 ik23,

PRESENT.
•
Mr. HARRINGTON, Chairman.
Mr. Larkins Mr. Muston
Mr. Mackenzie . Dr. Hare
Mr. Pattie Mr. Grant
Mr. Lushington Mr. Mackillop
Mr. Shakespear Mr. Clark
Captain Bruce Mr. Hunter
Lieut Johnston, R.N. Mr. Hobbouse
Captain Forbes Mr. Gordon
Captain Jackson Mr. Blaney.

The Committee having taken into consideration the rules
and restrictions which appear to be advisable, for regulating
the grant of the Premium or Bonus, referred to in the Reso_
lotion
, Passed at the Public Meeting held on the sth instant,
z. "That it is desirable to encourage the establishment of a
communication between England and India, by Steam Navi-
gation, by the offer of a Premium or Bonus, to those who may
first establish it on a permanent footing"—and keeping in view
the object of the intended premium, with the expediency
of rendering the conditions of it at once simple and specific ;
agree to adopt the following Rules, subject, of course, to the
approval and confirmation of the General Meeting appointed
to be holden on the 17th day of December next.
First.—That the proposed Bonus, or Premium, be offered
for the Establishment of a communication between England
and Bengal by Steam Packets navigating by either of the two
Routes, of the Red Sea, or the Cape of Good Hope.
Second.—That the amount received, under a subscription
to be opened for this purpose, (deducting therefrom auy dis-
bursements authorised by a General Meeting, or Committee, of
the subscribers) be assigned as a Premium to any Individuals,
or Company, being British subjects, who may first establish a
communication by Steam Vessels between England and Ben-
gal, by either of the routes above-mentioned, before the expira-
tion of the year 1826.
Third.—That the communication, required for the Premium
above stated, shall be considered to have been established on
the completion of two voyages from England to Bengal, and
two voyages from Bengal to England, by the vessel to Eng-
laty4 by the vessel or vessels of any individuals, or company,
being British subjects, within a period not exceeding an ave_
rage of seventy days for each of the four voyages ; provided
further, that such vessel, or vessels, be not. of a less burthen
than three hundred tons.

Fourth.—Thatif the full premium be not earned by any in-
dividuals, or company, under the foregoing rules, by the com-
pletion of two voyages out and two home, as required, within
the limited period ; but one voyage from England to Bengal,
and one from Bengal to England, shall havebeen performed,
in conformity with the.preceding rules, before the expiration
of the year 1826; a moiety of the stated premium shall be as-
signed to the individuals, or company, being British subjects,
by whose vessel, or vessels, such two voyages, out and home,
shall have been so performed.
Fifth.—That the amount subscribed for the purposes
above stated (with an exception to authorised disburse-
ments,
_as provided for in the second Rule,) be lodged, as
received, or as soon afterwards as may be convenient, in
the hands of the Government Agents ; to be invested in
Public Securities of the Remittable Loan ; the accruing inte-
rest upon which, until the Principal be called for, to be
invested in the same manner ; and the aggregate to be assigna-
ble as above, in whole, or in part, to the peesons who may be
entitled to the full Premium, or a moiety of it.
Sixth.—That all claims to the Premium receivable under
the foregoing Rules, or to any part thereof, be finally deter-
inined by a Committee of Managers, to be elected at the
General Meeting of subscribers, to be held on the 17th De-
cember next ; and in the event of any part of the amount sub-
scribed remaining unappropriated in the hands of the Go-
vernment Agents, at the expiration of the year 1826, and of
no persons being entitled to receive the same, that the ba-
lance so remaining be returned to the subscribers, or their
representatives, in proportion to their respective subscriptions ;
Miles& otherwise disposed of by the unanimous vote of a Ge-
neral Meeting of Subscribers.
The Committee having thus performed such part of the duty
entrusted to them by the Public Meeting of the sth instant, as
required them to .consider and prepare the rules and restric-
tions .rider which the propose(' premium should begranted
proceed to carrry into effect the further object of their appoint-
Inent, viz. " to obtain subscriptions" ; and with that view,
pas.% the following Resolutions :
lat.—That a subscription be opened for the purposes stated
in the Resolution passed at the public Meeting held on the
sth instant, and, in the rules above specified for carrying the
same into effect, or such as may be finally adopted at the ge-
neral Meeting of subscribers to be held on the 17th December
next ; and that the Bank of Bengal, and the several Agency
Houses in Calcutta, be requested to open Subscription Books,
as well as to recover any Subscriptions that may be tendered to
them respectively ; the .amount to be hereafter paid into the
hands of the Government Agents.
2d.—That the principal Civil and Military Officers, at the
several stations in the interior of the Country subject to this
Presidency, be also invited by the Chairman to open Books of
subscription • and to remit any sums that may be received by
them, with alist of the subscribers, to the Bank of Bengal ; or
to any of the Calcutta Houses of Agency.
3d.—That for the purpose of communicating the proceedings
of the public Meeting held on the sth inst. and those of the
Committee of the, present date, to the Civil and Military Offi-
cers who may be addressed by the Chairman, in pursuance of
the above Resolution, as well as for the distribution of copies
of thou proceedings by the Members of the Committee, five
hundred copies be printed, with any additional number that the
Chairman may find requisite.
4th.—That the Bank of Bengal be authorized and requested
to answer any Draft from the Chairman for expenses incurred
in the execution of these Resolutions.
sth.—That copies of the proceedings of the public Meeting
held at the Town- Hall on the sth inst., and of the proceedings
of the Committee on the present date, be submitted by the
Chairman, for the information of the Right Honourable the
Governor-General in Council, and that he be solicited to in-
struct the Post Master General to pass, free of postage, any
letters on the subject of those Proceedings, which may he so
certified by the Superscription of the Chairman.
6th.--That the Right Honourable the Governor-General in
Council be at the same time respectfully requested, in the name
of the Committee, to confer the patronage of Government upon
the plan adopted for encouraging the Establishment of a com-
munication between England and India by Steam Navigation ;
and to favour it with such pecuniary support, as his Lordship
in Council may deem , proper, on consideration of the public
benefits, in addition to those of a private nature, which may be
reasenably expected from its success.
• (Signed) J. H. lIARINGTON, Chairman...
• See Tut Sur; of Monday last.