The Sun.
London, England, 1824-03-25 00:00:00

EAST INDIA. HOUSE.

A Quarterly General Court. of Proprietors of
East India. Stock was held yesterday.-
The CHAIRMAN (W. Wigram, Bs+) having laid before the
Court a variety of papers relating to allowances, compensations,
and superannuations, granted under the'byeAaws of the Corn-
pany, moved that the Court should adjourn.
THE MARQUIS OF HASTINGS.
The Hon. D.. KINNAIRD rose to ask•what progress had been
made by the Court of Directors in the: selection of the papers
ordered by the Court of Proprietors .respecting, the administra-
tion of the Marquis of Hastings in India ? He was aware that
some tirneshould necessarily be silent hi selecting so voltuninoiss
a mass as the resolution of the General Court would require;
and it was adviseable, he considered, that none of the papers]should be distributed till the whole should-be printed. He al o'
thought it desirable that, pending the progress of the selec-
tion, some general information might be communicated as to
the tenor of the papers, as it might seem necessary to the Ge-
neral Court to call for other papers than those selected by the
Court of Directors. He supposed, of course, that the selection
would comprise a general view of the military, political, and
financial administration of the Noble Marquis. In conclusion
lie begged to ask further, if it was intended to print, among the
other papers, an exposd, drawn up by the Noble Marquis him-
self, respecting his administration ?• He had been informed
that there were likewise some other papers transmitted to the.
Court of Directors, and he was anxious to know whether they
would be included among the papers intended to be printed.
The CHAIRMAN stated, that some progress had been made,
and arrangements entered into, for the printing of the papers
respecting the administration of the .Marquis of Hastings in
India; and he could inform. the lion. Proprietor that it was
not intended to deliver any part of the papers till the whole se-
lection was complete, The paper or expose drawn up by the
Noble Marquis would undoubtedly be printed, as well as the
other papers to which the Hon. Proprietor had alluded, if he
had referred to certain papers sent to the Court of Directors
by an Hon. Baronet. The papers relating to the house of
Messrs. Palmer and Co. would also be forthcoming and of
course those relating to the Nepaul, Mahratta, and Pindaree
wars, with the political documents concerning those events. In
fact, the military part of the selection was nearly complete, and
he had no doubt that every facility would be afforded the Hon.
Mover and his friends to consider whether any papers besides
those selected by the Court of Directors would be necessary for
his view of the subject.
The Hon. D. KINNAInD then begged to ask whether any
estimate could be formed as to the time when the papers would
be ready for delivery.
The CHAIRMAN said he was sorry that he could not fix the
time, as the political selection was not yet agreed upon. some
papers were in the possession of the Secret Committee, and it
was necessary to await the result of the application which had
been made to the Board of Controul for permission to produce
them. Until the answer of the Board was known, he could
not say when the papers would be ready for distribution; but
he could assure the Hon. Proprietor that the Court of Directors
would lose no time in completing the selection ordered by the
General Court.
The Hon. D. KINNAIIID said it was very desirable that it
should be ascertained, as soon as possible, whether the Board
of Controul intended to comply with the requisition respecting
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Court of Proprietors might be placed in an embarrassing
question.
could give no positive answer as to the time when the papers
would be ready for distribution, until the Board of Controul had
. communicated their resolution respecting the application for the
secret documents.
Mr. TRANT observed, that as an allusion bad been made to
financial documents, he considered it was desirable that a com-
parative statement should be made, spewing the revenue of the
ceded territories under the Bengal Administration when the
Wellesley was at the head of the Indian Govern-
ment, and when the Marquis of Hastings filled that station.
These papers might prove of material importance, though,
at the first view of the subject, their connection might not seem
so apparent.
The CHAIRMAN said he could only repeat, that every paper
would be produced calculated to elucidate the Indian Admini-
stration of the Marquis of Ilastings.
INDIA BONDS.

The motion of adjournment having been again put, General
THORNTON rose to ask a question.
The CHAIRMAN said, that according to the practice of the
Court, no motion could supersede the consideration of a motion
of adjournment. On the same principle he could not-answer a
question which might induce an irregular discussion.
General Tito RN TON insisted that he had a right to proceed.
His only object was, to place on record a resolution respecting
the present rate of India Bonds, which might operate as a sug-
gestion to the Court of Directors. The Gallant General then
read the following resolution :
" That it be recommended to the Court of Directors to take
into immediate consideration the propriety of giving the neces-
sary notice for the purpose of a reduction of the present annual
interest of three and a half per centum paid on India Bonds ;
a measure which it appears to this Court would not only be
beneficial to the proprietors, but likewise advantageous to the
Bublic ; the present premium, per centum, paid for India
onds, being about eighty shillings, rendering it manifest that
the existing interest is unnecessarily high, and therefore injuri-
ous to the proprietors, whilst the public is deprived of that ac-
commodation which India Bonds, at a moderate premium, are
so well calculated to afford."
Some conversation then ensued between the Chairman, the
Deputy Chairman, the Hon, D. Kinnaird, and General Thorn-
ton, as to the point of order.
It was finally agreed that the motion should stand as a notice
for the next General Court.
HAILEYBURY COLLEGE.

The Hon. D. KIN/4AM)) said, that as he hoped to have a
large majority on the ballot respecting Haileybury
laugh)—he was anxious to know, in that event, what ulterior
steps the Court of Directors intended to take.
The CitAixstAN replied, that if unfortunately a majority
should support the Honourable Proprietor's resolution, it
would become the duty of the Court of Directors to frame a
petition to Parliament to give effect to the decision of the Qe-
neral Court.
The motion of adjournment was then agreed to.