The Sun.
London, England, 1834-09-03 00:00:00

THE EAST INDIA TRADE.

A numerous attendance of merchants and others in":
rested in the trade to China, &c., took place yesterday at
the India House, and further discussion was entered int°
respecting the adoption of the best plan for conducting the
merchants' sales to succeed those of the East India Com-
pany. The sale of yesterday was appointed by
adjourn-
ment to give time to the East India merchants to enter.
ade,
upon some arrangement respecting some objections mea
to the 'plan of the Committee, and to concessions requir
by the drug trade. A few days since a meeting took Place
on this matter. Alterations having been made in the con-
ditions for carrying on the future sales by the Committeees
and having been supported by the meeting referred to,
Committee appointed yesterday for an extensive sale of t7_
produce of India, in one of the sale-rooms at the Inn?!
House, the Court of Directors having. allowed the use of
It
to the trade.
Mr. Mattie, the President of the sale, took his seat at ten
o'clock. Mr. Bowring, the auctioneer, having read the new
regulations adopted by the Meeting of East India Me'
chants, some questions were put to the Chairman of the
Committee of East India Merchants as to the course
adopted relative to the expense of the inspection of produle r;
and upon the responsibility to complete contracts of si'
for goods sold at the merchants' sale.
Mr. JOHNSON, the Registrar of Sales, said that the ex-
pense of inspection of East India produce would be 1111°
the seller, and the responsibility for the completion of the
contracts on the managing brokers. dot `-b
Mr. COOK (of the firm of Trueman and Cook) saiu'":
by the present plan there was no authorised person wit°
whom buyers of the produce of India at their sale, in ea'f.
of failure of contract, the trade could deal. In the case e,
the East India Company's sales there was an authorise
a
body to deal with.
Mr. PALMER thought that the managing broker was the
responsible person for the completing of contracts.
Mr. KING said another important point was the time foris
the prompt. Here the sale had been adjourned, and the
three months' prompt ought to be named from the day

. . -
sale.
Mr. THOMPSON, as managing broker for the proprietors
of the East India produce now offered for sale, said it 05
the intention as far as possible to fpllow the East led°
Company's rules, and it could not now be expected that the
conditions of sale could be altered.
Mr. Cook observed that there were a number of things
connected with the Company's plan of conducting husinese
which were not at all to be acted upon as a pattern at tiles
sales.
In answer to a question, Mr. WEEDING (one of the East
India merchants having produce in the sale) could not r_
sent to an extension of the prompt.—(Loud cries of " Wit
draw your goods then.")
Mr. Cook said in the indigo and rice trades the once?
sions required had been agreed to. The East India e'er:
chants as well as the merchants of the city of London grt
nerally, ought to be informed that the Committee of f'sf
India Merchants were not disposed to meet the wishes
the trade.
Mr. WEEDING, as owner of some of the produce r'
the
declared for sale, could not consent to an alteration in r,,
prompt. The delay had been occasioned by the Weil
and, they. having obtained advantages, it was unfair to c"
upon the importer for further sacrifices.
Mr. Cook said the adjournment of the sale was the acet
of the merchants, who wished to make the buyers dear
over Tower-hill to pay the prompt in Bank notes.—(l4cl;e.
If the wanaging broker had manifested a willingness t°
ceive the money the goods would have been disposed ~ e
Mr. WEEDING had understood it to be the wish ofiitlei,
trade, in agreeing to the new plan for conducting,
that a central point of payment would be highly desio
He mentioned the instance of a buyer purchasing twe.,et
different parcels of goods, managed by as manyditfe,:,,
brokers, by which great inconvenience would result 11;0
the parties having to go to different places to PaY to
money. He was desirous to give way as far as possible
the wishes of the trade, and had no Dock interest to sertsio
111 r. Cook said that a gross insult had been given to
toll
trade, and the Committee must have been erroneousqv
that such a course was desired by the trade—(Hear.) he
cassia lignea now offered would not be purchased by
trade, unless concessions were made. last
Mr. WEEDING did not .know by what right the
speaker put himself at the head of the trade in that roolowt
Tney ought not to be guided by one person, or to al
the buyers of London to be insulted. -
After some further discussion, Mr. WEEDING deck."'"
that he should withdraw his goods. 4011
Mr. GREY, a managing broker, acceded to the extol'
of the prompt for goods under his controul, and the a.
nouncement was received with cheers.
Mr. PALMER could have no objection that a Joan7tbe
broker should think it right to extend the time °J. ;Do
the prompt, but the goods must be sold according t° ers
preamble. Any arrangement between the managing br,° b-te
and the buyers might be entered into, but the rev.—
must be abided by.
gad°
Mr. Cook considered that unless a declaration wag be
by the President of the sale that the extension would
allowed the sale could not go on. - eot
Mr. MOCATTA said, not only to the buyers at the Pi- re
sale, but to all others, it gave hint surprise to hear
ns° til.e,,P,ed.
mise to sal contrary to the preamble, which he co
must be acted upon to the letter. (Hear.)
Mr. COOK asked what confidence would the public if
in these sales by the merchants of the India trade,
conditions as published were not adhered to ?• duet
Mr. PALMER said if the sale was not to be conuu
according to the preamble, he should, on his own reseo:',
b lity, direct the goods to be withdrawn offered in °PP
tion to the conditions.

Mr. GREY was opposed to such a course. gibe
After some further observations, such produce 11-vere
managing brokers were willing to extend the prompt eater
put up for sale, but were principally bought in. The gr
avd
portion of the goods declared for sale was withdow°'
further proceedings adjourned.
—.ooe"

1318 TII S. lam et
On the 2d inst., in Chester-terrace, Regent's Park, the
Adam Duff, Esq., of aßryan daughter. Ott"'
On the 2d inst., in ston-square, the lady of John
_As
Esq., of a daughter.
On the 30th ult., at Willesdon, Middlesex, the WY of
Henry Mandeville, Esq., of a daughter. •
,s/JOe'
On the 31st ult., the lady of Mr. William Rothery, "
street, Buckingham Palace, of a daughter. ter
On the 2d inst., Mrs. William Sant, of Orme-squate, Bb} t
of a daughter.
tire
On the 30th ult., the lady of the Rev. William sennett,l,
Norton-street, of a son.
"
On the Ist inst., in Doughty-streets the lady of JosePb 1; 13il
lock, Esq., of a son.
On the 19th ult., in Argvll-place, the lady of Geo. lib
~i
Esq., of a son.
On the 28th nit:, at Boulg-e, Suffolk, :Mrs. John Fitz(93
a daughter,

I
MARRIAGES. crooktct;'‘
On the 2d inst., at Marylebone Church, Joshua S. -",:cisag'
Esq., M.P.,of Sion-hill, Yorkshire, to Mary, youngesi`ire. fsb.,
of the late laud Alexander, Esq., of Ballochmyle, AYrsl,,p.l°,
On the Ist inst., at Walcot Church, Bath, John liar.tiglite• t 4
Esq., of Forest, Queen's County, to Florentina, eldest "a f
John Walmesley, Esq., of the Circus, and grand-daughter 0 10
la
Long, Esq., of Rood Ashton, Wilts. ieadl4ll‘
On the 24th of July at Serge Island Estate, Jae': st
Wallace Harris, Esq., of Kingston, to Jane Caroline, el"' to
ter of the late George Gordon, Esq., N.B. pi' of
On the 28th ult., at Abergavenny, George Morisoniii ciesr
Olive Anne, second (laughter ofalie Rev. William Powell,
that place.
cps.
On the 30th ult., at St. George's, Hanover-square, Coe.
Esq., late of the Hon. East India ompany's Service, tegept• of
thir daughter of Robert Ferguson, Esq., of Deptford, h Pi,tspe'
On the 2d inst., at Paddington Church, Mr. Jeee,Pte
Westbourne-green, to Harriett, only daughter of the 'a- ~„V
Esq., of the same place. , South
On the 2d inst., the Rev. William A. We
elfin, of
Sussex, to Emma, daughter of Thomson Haukey, „ land-place. kde)'' 11'
On the 2d inst., at St. John's, Wapping, Mr. J ' a
Newbury, Berks, to Georgiana, youngest daughter of ~
Weston. ;.ett, bter
On the 26th ult., at St. James's Church, John Court Ty asag
of Regent-street, and Dulwich, Surrey, to Elizabetlh.eie
of the late Captain John Emmerson, of Wells, N0rfe1?j......./..,
D E TH S. ~holotterp,e; e,
On the 2d inst., at Brighton, in her 18th year, 1,44 tla
daughter of Richard Winstanley, Esq., of Mecklenb;utargs the
On the Ist inst., at Wilton-crescent, Saito Dana
daughter of Sir Wm. Milner, Bart., aged 3C4rrhos. of
On the 29th ult., at Brighton, in his 4th year, -
as
Esq., of the Admiralty, Somerset Horse. did
On the 31st ult., at Stonor, Oxfordshire, Catherine, 10;f11,
the late Thomas Stoner, Esq., ag,td 71.
On the 27th ult., at Badby Vicarage, Northampt?:::%eth
Francis, youngest son of the Rev. Thomas Green. iil_!cent Sr
On the 31st ult., Elizabeth,
daughter of Mr. 0r.,(
Bankside, in her 15th year.
her 61s"ltr
On the 30th ult., Mrs. Clark, of Shoreditch,
tint, of
On the 30th ult., Alice, wife of Mr. Robert n
ipetc).
Stamford-street,
On the 30th ult., Mr. William Gregory, iroino" .
Igo/
street, Chelsea.
mills, ifre
On the Ist inst., Mr. F. G. Spicer, of GlorY- Aft,
Bucks, in his 66th year. azia, Ott iet .T
On the Ist inst., in Watts's-buildings, Kingslaud
Allden, aged 76. 111 of
F rgussenhc AOn the 23d ult., at Herne Bay, John e t '3l
youngest son of the Rev. John Moultrie, rector of
the idol
1,
On the 30th ult., at Worthing, John Flower, !,)
John Bethell, Esq., of Mecklenburg-square. , ea„, Dire'
On the 29th ult., at Reading, in her 8.30' ,
of John late
relict of D. Taylor, M.D., and daughter
late Bencher of the Middle Temple. adderidge' ff
On the 2d ult., at Montreal, Mr. Janata D 01
Whitechapel, woollen-draper. • ian, :54.4i(1113e
On the 23d ult., Harriet, wife of Edward VI
cliff. pair
fel'
quay, and daughter of John Bacon, Esq., 01 S'd la/
Devon. youisa, "r S- /
On the 30th ult., at Holkham Hall, 140rfe"'
1;w of .
wife of Henry Dover, Esq., and eldest daug
yrr DO 111141":1.
London : Printed and Published by 3...-t-rana.
at The Sun Office, No. 112.

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