The Sun.
London, England, 1833-04-19 00:00:00

ry.~'~--='=i

and he had suers heard WO conduct called iv queatl.A.
it would appear, that the Company had assets to upwards a
L twenty-eight millions. In fact that was acunowledged by
Mr. Grant, in one of his letters, that some would more than
pay al! their debts and liability. Then why should they be
confined to the sum of 1001 for their 551. annuities ? Would
any man say that that property was not their own ? By many
former Acts of Parliament it was stated that though the Corn.
pany should lose all their exclusive right of trading, still they
were to be seized of all their possession in India, with St. Helena.
&c., and were still to exist in their corporate and aorporate ca.
pacity. All this they were required to giveaway for merely 10e/.
for every five guineas.—(Hear.) Either the Company's accounts
was the equivalent offered to them Y Why, merely 20 per cent.
which, although it sounded well to the country, fell short of their
were wrong, or theywere entitled to their immense capital. What
had not
or
fi
moatgi
th,st
ts
been(re.a) r He Isaeer:b oußl
forth notdut ibf y
tbthuhe
ele xv nhimednpbt
etnheyna
to
oa tsomaphaep sretoappt el
e
of England ; for, however there might he clamour, yet he
knew that on the hearts of the people there was a strong feeling
t t
forth setting out the claims of the Kompany, they would not
have such a host of opposition to contend with. Did not Mr.
Jackson, and did not it even appear lig the papers that had
been published, that Mn. Grant had been carried away by
a host of clamour almost beyond his reason—a clamour
which he, as the efficient organ of Government could not
resist. He knew that a considerable prejudice existed against
all carporate bodies.--(Hear.) It must be recollected that cor.
porations were established for the benefit of the country at
large; but in process of time there might arise that which
corroded them, and which, if individual or public wrong were
committed, would occasion their own downfall.—(Hear )
When they failed to perform the great and important duties
assigned to them, then they must fall. He wished this Cor_
',oration had put forward to the public a statement of their
claims; that course was done on the renewal of the last Char.
ter, and then they spoke in strong and powerful language. It
was complainec of yesterday that the shipping interest of Lon-
don had not now come forward, but they came forward on the
renewal of the last Charter, when all London was in a state of
excitement respecting the Charter —the shipping interest
then came forward, and spoke of the danger of throwing 30,000
men out of employ, as they would nave been if the charter had not
been renewed, and of the injury to the trade of the port, as well
as of the loss that would arise to the revenue. But on the pre.
sent occasion all were silent. Nothing had been put forward
by the Company to rouse the public mind to a sense of their
just clahns.--(Hear ) The Hon. and Gallant General (Sir J.
Malcolm) had truly pictured the progressive importance of the
Comprny, and had stated that from being a few adventurers,
with a ship or two, they had become a mighty Corporation,
and acquired an immense empire. They should tell English-
men of the sacrifices made by those from whom the Company
dated their origin—that they were the representatives of
those who hazarded their lives and property, and often
lost both in exploring new scenes of commerce---
that the acquisition of their vast territory was
obtained by the sacrifice of life and property, and not the re_
suit of a wanton warfare, that although in existence the short
period of two centuries, they had on different occasions fur-
nished the British navy, and been one of the most powerful
arms of strength to the nation in its wars—(Hear, hear)—that
they had acquired islands which the Government afterwa•ds
cedid away by treaties—that when the money interest of
Cornwall petitioned them to relieve the distress in which it was
plunged, they set that interest again in motion, and caused the
price of tin to be raised from 74/. to 1604 or 1701. a ton—that
when the manufacturers of the north were in distress, they
gave orders that set the looms in full operation—(Hear)—that
they opened new avenues to trade and commerce, that traffic
' with China which no single adventurer could ever have ac.
complished.—(Hear, hear.) That would be such an appeal to
the country, that so far from clamour existing any longer, a deep
feeling of gratitude would prevail in the country towards the
Company.—(Hear, hear.) Ile was quite ready to admit that
the Company, feeling as men of honour and intelligence, must
see that there were vital interests in the country which it was
the bounden duty of every Government to attend to; and
lie agreed In the opinion that, like on the renewal of a lease,
they should consider on what terms they could obtain its re-
newal. It appeared from the papers that there was a great in.
crease of the trade with other nations, and it was clear that
the trade of other countries was exceeding that with this
Company. He remembered on the last renewal, Mr. R.
Jackson deeply deplored the short.sighted policy which ac-
tuated the Government, which, while it gave to America
the privilege of trading to China, shut it against our
own merchants.—(Hear, hear.) An Hon. Proprietor (Mr.
Carruthers), when putting up for Member of Parliament, in
his address to the electors, andpointing to the shipping in the
town in which lie was speaking, said—" he was quite shocked
to perceive so many noble ships lying in the port, while the
trade to China should be open to them." He hail spoken to
Mfr. Carruthers, who admitted he did say so, and informed
him that he once underwrote an American ship with the house
of Baring, from England to China. That was an anomaly that
should not be allowed to exist.—(hear, hear, hear.) The
Directors, in one of their answers, said, that without
the trade to China, they could not errry on the Government
of India with advantage. If that be so, /they would be
reduced to this condition. They had already given up the
trade to India. which, since 1625, they had eonfined to exports,
for the use and maintenance of their army ; the trade to China
would be given up. Their commercial capacity would cease
as connected with their political functions, and, when they
asked Mr. Grant, he said he would recommend that for the

(LEFT SITTING.)

COURT OF CHANCERY.-(THIS DAY.)

WOOLWICH SCOT'B CHURCH.-MILLIOAN V. HITCH/I'LL AND

OTII ERB.

Sir E. SUGDEN moved yesterday on behalf of the plaintiff,
an Elder, and another (the Session Clerk), that the defendants,
the surviving lessee of the Church, and the Elders, might be
restrained by the injunction of the Court, from electing or
permitting any person being elected not a Probationer or Licen..
tiate of the Kirk of Scotland, to officiate as 'minister in the
Scots' Church at Woolwich.

Mr. BLEUMAN was on the same side. The defendants were
to elect a gentleman (Mr. Scott) who was not a Probationer
or Licentiate, and who had refused to sign a Confession of Faith.
Mr. AGAR opposed the motion at great length this morning.
lie contended that this place of worship called a church, was
truth, only a Dissenting Meeting.house; that it was a
charity formed by the will of Mrs. Drake, in 1730, whci
ocqueathed thirty pounds a year in support of it; that
it was not a case in which a private bill could be filed oft
the ground of a trust for the Congregation, because there was
:so such trust here; at all events, that it was not a case in
which the Court would grant an injunction before thecarrying
in of the account, and that no injunction could be granted
.vithout at the same time deciding the rights of the parties to
the conduct of this place of worship.
Sir E. SUGDEN replied, after which,

The LORD CHANCELLOR imposed on the defendants that they
Mould not elect in the meantime, and said that he would take
time to read the evidence of the plaintiffs, and consider the
authorities that had been cited.

',CHANCERY COUR f.- (THIS DAY.)

His Honour the VICE-CHANCELLOR was occupied the
whole morning with the case of Andrews v. Beauchamp, which
involved a question of pedigree. We shall give the facts of the
case when his Honour pronounces judgment.

KING'S BENCH -(THIS DAY.)