The Sun.
London, England, 1828-04-11 00:00:00

not active, and that prices had receded id. to Id. per
lb. Uplands are quoted at sd. to 7d. st. per lb. prin-
cipal sales of new crop at 6to 61. Havre accounts to
3d February have been received by the packet ship France,
and via Liverpool per James CI upper, to the 9th of Fe-
bruary, no material change in that market. We have
heard of no transactions in the staple since the above in-
telligence came to hand. The market may, therefore, be
considered rather unsettled. We repeat our former quota-
tions, viz., Uplands, SA,- a HA ; New Orleans, 10 a 12-.lj ;
Tennessee, 9 a 9-k; Alabama, 8;1 a 11:1,.
An earthquake was felt at Odell-town, L. C. on the
night of the 21th ultimo. The night was perfectly clear,
and a heavy rumbling noise, together with a simultaneous
trembling of the earth was distinctly heard and felt. We
are informed by the Baltimore Patriot, that two shocks of
an earthquake were distinctly felt in the vicinity of that
city, on ,Sunday night last. The tremulous motion of the
earth seemed to come from the westward and pass towards
the east, and occasioned a very considerable shaking of
doors and other substances easily agitated ; the surrounding
atmosphere at the time was hazy.
The earthquake mentioned last evening as having been
felt at Baltimore on Sunday night, was also felt at Wash-
ington. It was sufficiently violent to make the furniture
rattle and glasses jingle.
We have received the Charleston Papers of Monday the
3d instant. The markets fur the previous week had been,
generally, without alteration. In Cotton very little was
done, and prices were nominal at S'?;- a 101. Savannah
advices are to the let. Prime Cottons still commanded
10-1 a Iq, and a sale of a very superior lot of 85 bales
was made at I
PRICE OF STOCKS, Friday, March 11.
Orii,red. Asked.
United States Sixe,', 1815 lOl 1014
Ditto, MIA 10•41,i
Ditto, 1615 lO5
Ditto, ditto, Four and a half, 1831
181 1001,4 101%
Canal Sixes 1637 lO3 113

Corporation Sixes
United States Bank

QUARTER TO THREE.

The following is just posted at LLOYD'S :
The Chonqua, arrived at Havre, on the Bth
April, from Bengal, sailed the 25th December.
Just at her departure, the Master was informed
that during a violent gale of wind, 5 out of 7
large English vessels foundered off the Malabar
coast, and that the fate of the other two wa
unknown. The Waterloo was one of the ships
that foundered.

Having directed the attention or our readers
to an Article respecting the East India Com-
pany's Charter, which we inserted from the
Times two days ago, we now proceed to
point out some of the fallacies which it contains,
or rather the gross misconceptions on which the
whole of its reasoning is founded.

The writer commences his attack in the fol-
lowing extraordinary style ofargument—" If such a
spectacle as that of the Company and its lease-
hold empire were now, for the first time, pre-
sented to us, we apprehend that there are few
among the reflecting classes of our countrymen
who would believe that they saw aright." The
system of our Empire in the East 'is then
abused, not because it works ill, or is founded
on injustice—not because it impoverishes our
native country, or has deteriorated the condi-
tion of those who have come under its sway,_
but because, fOrsooth, the splendour of the edi-
fice would excite incredulity in those who had
not watched it during its construction,—because
a belief in the tact that a handful of Europeans
govern eighty millions of Asiatics, requires some
familiarity with the pages of ORATE, some ac-
quaintance with the brilliant career of a Cm vE,
some knowledge of the successive steps by which,
under the Vice-Regal dominion of a WELLES-
LEY or a CORNWALLIS, conquest has carried
deliverance and happiness in its train, and
the confidence and allegiance of mighty
kingdoms, have been 'transferred from faithless
and hereditary tyrants, to the truth and honour
of those who have subdued them by force of
arms.

Our cotemporary goes on to speak of a " free
country delegating their powers to a Trading
Corporation," but seems completely to forget
that Britain never would have had one inch of
territory in those distant regions, to " delegate
power" over, unless for the enterprise of this
Trading Corporation ;" though he does not reach
the highest pitch of absurdity till he favours us with
a list of grievances, which all Englishmea are
liable to " without exception, save those in au-
thority, civil or military," insinuating that these
are but a small portion, instead of being the
bulk of the European population. In. this list
are the following cruel enactments :
" An Englishman is prohibited from being concerned,
directly or indirectly, in the great inland trade in salt,
betel-nut, tobacco, and rice, on pain of forfeiting the goods
he is thus said to be illegally dealing in, and treble the
value thereof.'
"An Englishman may not manufacture opium nor salt,
two of the staple products of India. With respect to the
latter, he is not allowed to e!,,al in it directly, even within
the limits of the jurisdiction of the King's courts.
" An Englishman,' to use the words of the author of
the apwal, may not settle, colonize, invest his fate or his
fortune in the soil of India.'
" An Englishman residing in India has not the slightest
share in, or the remotest influence upon, the Government
to the maintenance of which he so mainly contributes with
his money, labour, and enterprise."
These grievances arc limited to fourteen, but
we arc astonished that no others have suggested
themselves to a mind of such ingenuity. Why
does not the writer include the tacit pro-
hibition to build forts, coin money, and levy
taxes ; for nothing short of this could sa-
tisfy his high notions of liberty ? Or has he
ever considered how long we should retain India
without such restrictions ? But perhaps he
proposes resigning it to anarchy and con-
fusion, or handing it over to the Rus-
sian Autocrat, or the Schah of PERSIA.
In short, the absurdity of the whole is
so palpable, that instead of tracing it far-
ther, we have to apologise to our readers for
the space we have already occupied in exposing
what is self-evident.

We are, however, by no means clear as to
the course which England should adopt when
the renewal of the Charter comes under discus-
sion. The principles of free trade, and the ge-
neral objections to monopolies, on the one
Land, array themselves against a system, work-
ing admirably, and dispensing present hap-
piness to millions of the human race, with
the prospect of their moral renovation, by
the gradual introduction of the Christian Reli-
gion. Tea is dearer, no doubt, than if the China
trade were open, but then, the immense patronage
of India is frittered away,,so as not to endanger
the Constitution. One -individual of respecta-
bility has been removed for publishing doctrines
not suited to the meridian of Calcutta=—but on
the other hand, thou,sands who would starve,