The Sun.
London, England, 1845-06-19 00:00:00

MONEY MARKET.

There has been little change since our last in the rates of Go-
vernment paper.

Exchange—The exchange on England has scarcely at all
changed since our last. Some transactions have taken place—
principally in bills received from China at Is. I Old. at six months'
sight, and the rates now current may be quoted at Is. 100. to
Is. lOad. On Calcutta, exchange at 60 days' sight is at rs. 99i,
and on Madras, 99k.

(From the Morning Herald.)
The Bombay correspondent of the Herald gives the follow-
ing additional particulars respecting the affairs of the Punjaub,
up to the 12th of May :
" I formerly gave you the particulars of the extraordinary
nature of the pilgrimage of the Raja Goolaub Sing to
Lahore, terminating, as it then appeared at first, in his sur-
rendering himself a captive just as victory was in his hands,
and then in his being received into royal favour, as he was
supposed to be a prisoner. It would now seem that none
of these things were the result of either insanity, caprice,
or accident. The troops, in bringing the hill Raja
to the capital only acted in conformity with the in-
structions of the Queen herself, and there is little doubt but
that she entertained some intentions of deposing her relation
Inwaher Sing, and creating Goolaub vizier in his stead. Bail
tickle fortune again played truant to her new favourite, and
the Ranee once more permitted herself to listen to thexoun-
sels of her kinsman. Having gained over to in-
terests the other sirdars of the Khalsa, accompanied
he waited Queenththeatthe 14th
aiia
should
Abyprilt,heamndGoolaounb
be fined in large sums, and the mulct handed over
recommendedon
•
to the troops, by which means not only would the army be
bound by fresh ties to the Sirkir, but emancipated from the
influence of the Raja, whom they represented as aiming
at the virtual sovereignty himself. The troops are repre-
sented to have been much excited, and to have been far
from unanimous, some giving in their adherence
to the sirdars, and others, among whom the Avi-
tabile
battalions were most conspicuous, declaring
their intention of laying down their lives, should
such be necessary, in behalf of Raja Goolaub Sing. Still
more stringent demands continued to be made by Inwaher
Sing. Among others, that his rival should give up all his
hill forts, and even those of Jumboo. This claim, the Raja,
of course, resisted, but professed his readiness to satisfy every
f de
a,dniendc 1
hissapr eo dtortolooi
cpb
ose,
waepnmppoetnaNri';;littioos
wealth being
siescotonrneeficadsi uleenric,e,uhniondme-hregriNm• eorseu,
have somewhat failed, for eventually not only did he agree
to give up 350,0001. as a nuzzuratia, and half the property
belonging to the late Raja Juchet Sing, but also all that of
thera Sing, and then to retire to Jumboo. On the 22d,
however, the Punches met in council and insisted that he
should be made vizier ; the following day this was complied
with."
Our news from China—reaching to the 16th of March—is
on this occasion, as it has been for some time past, chiefly of
a commercial character. The Government of Macao, whose
suicidal measures have for some time past attracted at-
taution, has to length made a bold and desperate effort

EAST INDIA HOUSE.
The usual Quarterly General Court of Proprietors was held yes.
tereby at the East India House, Leadenhall-street, at twelve
o'clock, Sir H. Witlock, Chairman of the Court of Directors, in
the chair,
The SECRETARY read the minutes of the proceedings of the last
Court, which were confirmed.
Mr. TWINING then read the report of the Committee of Bye
Laws.
The members of the Committee were re-appointed, with the cx.
ception of Mr. Burney, who had resigned, when Mr. Hugh Fraser
Sandilands was proposed In his place.
Mr. Sergeant GASELEE put it to the Court whether It would not
be better to let the names emanate from the Court of Proprietors ?
The CHAIRMAN explained that the course adopted on the pre-
sent occasion was the usual one, and that it was perfectly open to
the Proprietors to confirm or reject the nomination, or to propose
any other gentleman in his place.
The motion was then c:irried.
CASE OF THE RAJA OF SATTARA.
Mr. GEORGE THOMPSON then rose to bring forward the motion
of which he had given notice on the subject of the case
of the Raja of Sattara ; and gave as a re:.son for se
frequently agitating this subject, that it was one which
affected not the Raja of Sattara alone, but every native Frince
in India, because, as the Raja had been dethroned unjustly, so
might any other native Prince be dethroned under similar circum.
stances. The Honourable Proprietor then passed a high
eulogium on the character of the ex-Raja, and 'elated at great
length the circumstances attending his dethronement, which
have already been so frequently laid before the public.
He denied the authority of either the Indian or the
home authorities to depose the Baja. The Proprietors
had the power of removing the Directors for unjust conduct, and
they were incurring a great responsibility in not keeping the Direc-
tors in check. It was the duty of the Proprietors to watch nar.
rowly the conduct of the Directors, to whom they had delegated
their powers. The Hon. Proprietor then proceeded to comment on the
affairs of Caubul and the conquest of Sinde, when
Mr. Salmi, a Director, who was engaged in signing papers
within the bar, called " Question, question."
Mr. G. THOMPSON, with great energy of manner, corn.
mented upon what he called the insult offered to him, and
the Court, by a Director engaging himself in signing papers, and
transacting business, while he (Mr. Thompson) was speaking, and
in calling out " Question," to interrupt him.
Mr. SMITU—The Honourable Proprietor has given a notice
relating to the case of the Raja of Sattara. He is cut of order
in referring to the affairs of Sinde. I shall call him to order when
he wanders from the question.—(Cheers.) (The Hon. Member
resumed his seat and his occupation of signing papers.)
Mr. G. THOMPSON again attacked the Hon. Director in severe
terms for signing papers instead of attending to his spe. ch.
Mr. FIELDEN rose to order. Any Hon. Proprietor had a rigid
to sign papers during the time the Hon. Proprietor was
speaking. For himself he claimed the right even of reading
a newspaper if he chose, notwithstanding the Hort. Proprietor
might be speaking.—(A laugh.)
Mr. WeeuiNo also considered that Mr. Thompson was nut of
order in making these personal attacks.
Mr. G. Tiromesov expected that the two Hon. Proprietors who
had last spoken would have acted as they had done. It had given
him breathing time.

Mr. SMITH rose, and trusted that as he had been personally at-
tacked, he might be permitted to speak.—(Cries of e' No, no ;
there is no necessity for it.") He would then say, that if the Hon.
Proprietor would venture to make the observation elsewheic which
he bad made there, he (Mr. Smith) would know how to reply t•
him.—(Loud cheers.)

Mr. G. Tuomesom was not in the habit of saying there what he
would not say elsewhere, but the Hon. Director was perfectly safe
in making use of the expressions he had done with regard to him.
If the lion. Gentleman would have waited, he would have found
that he was coming to the question. The Ilonourasle
Proprietor then resumed the history of the dethrone-
ment of the Raja of Ssttara, commenting in the most
severe terms on the conduct of all the parties, whether in India
or at home, who had authorised the dethronement. He went
at great length into the correspondence between Sir R. Grant,
the Raja, General Lodwick, and the Court of Directors, on
the subject of the jagheers, and accused Sir Robert Grant
of keeping the dispatches of the Directors from the Raja,
and of neglecting to answer the applications of the Raja
and of General Lodwick on the subject. He then alluded to the
charge made against the Raja of attempting to corrupt the Sepoys,
and denied the truth of the charge, attributing it, and all the ether
charges made against the Raja, to a conspiracy concerted by parties
desirous of prating by his ruin.

After a speech of vory considerable length, in which the
principal points and facts connected with the case were again
brought to notice, the Hon. Proprietor concluded by moving
the following resolution :—" That, on a review of the case of
the deposed Raja of Sattara, this Court is of opinion that the
proceedings against that Prince were unnecessary, harsh, and
unjust ; that the dethronement and the confiscation of his
private property were acts, not only morally unjust, but c3n-
trary to the statute law of Great Britain , and that it was the
duty of the Directors to withhold their sanction from those
acts."

The motion was seconded by Mr. SULLIVAN.
General ROBERTSON passed a high eulogium upon the
character of the ex-Raja, who had been most unjustly treated
by the Company and their officers.
The CHAIRMAN moved, as an amendment, that the Court
do adhere to the resolutions passed on this subject in February,
1840, and July, 1841. He defended the conduct of the Com-
pany's officers ; and with regard to Colonel Ovans, who bad
been attacked so unremittingly by the defenders of the ex-
Raja, he was prepared to rebut anything that might be said
derogatory to the character of that officer, of whose proceedings
in this matter the Court of Directors approved.
After a few words from 11r. WEEDING, the chairman's
amendment was carried by an overwhelming majority, only two
hands being held up irf favour of Mr. Thompson's original
motion.