Star.
London, England, 1806-07-11 00:00:00

INDIA lIIIDCIPT,

On the motion of Lord MORPETH. the Houle
refolved into a Committee, to take inicrconlideration
the Financial Affairs of India, Mr. Hobhoole in the

_
Lord MORPETH rote, for the purpofe of bring-
ing forward thelndia Budget for the sear, and to
fubmit to the coufideration of the Committee a (late-
ment of the Financial Affairs of the Ealt India Com-
pany, a fubjeft at all times of high importance to
this country, but never m,.re In at any period than
at the ;ardent moment. In all the wide cztended
affairs of Government, there was not one which
more particularly called for the vigilant fuperintend-
ance and fcrutiny of Parliament than the fyftean of
finance upon. which In materially depended the per-
manent profperity of any Government ; and though
the flatement he thould this day have the honour to
fubmit to the Committee would not be of a nature
fo very flattering as had been made of late years by
fome of his predeceffors in the department he had the
honour to fill, yet having devoted the !bort period
fence he had filled his prelent Inflation, in endeavour.
ing, with the utmolt affiduity, to make himfelf ac;
quainted with the real Hate of the Company', affairs,
both at home and in India, with refpee to their
debts, their revenues and commerce, as well as the
various charges upon their Government, and trade in
all its departments, he Ihould lay before the Com ,
mittes the molt clear and candid flatement he was
enabled to make, leaving it for the Committee to
decide upon the tenor of that flatemenr, and the
motions he fhould have the hrnour cf founding
thereon. He felt it unneceffary to trerpars longer.
upon the attention of the Committee, and Ihould now
proceed to his prnpofed detail, refeering to tin &nu-
ments on the table in Inpport of the feveral points of
his Itatement. The Noble Lord then proceeded at
confiderable length to a detail of the feveral items to
which he alluded, interfperfed, as he proceeded, with
appropriate obfervatinns ; of which items the follow-
ing is a comprehenfive and accurate view

BENOAL.
Revenues.—Nos t. Excluding the Revenues of the ceded
Provinces In Oudc, on account of th it inter.
mixture with Arrears of Subtidy, in fume of the
years, and the variation In the mode of ftatcment
in the hit year, and taking the Company's fiord
Indent Revenues alone, the average In the three
years in this flatemont amounts to 6.“(1,38s
Which exceeds the average on the three years --
use year back 337.694
pfics 3. I itimated for 1803.4 8.064,911 t
Actual tolerant • . 8,060,993

Leta than eilimate 338
•
031,901—N0. 3. Eft'mated for ao3 4 . 506 940
Attoil amount - 1.434.10
More than eßlmate 387431
Add dt ficieney of Revenue to *reefs of charge,
the n-t Revenue is Iris than efthnated by 37(.339
And the Ott Revenue for 1803-4 la IAI6 ,7cl
lITIMATIii, 1104-5.
Revettuel—No. I. • 1,167•791
*:Large*•-•Kw. B. • 3,9,0,5 t 8
Nrt Revenue - . 1,211.384
Revenues, eftimated more than aftual, tBD3-4 1c6,799
Charger, ettimated more than ditto
831,9 t 7
Net Revenue, t Rimated iur 1804-3, Ida duo
poet oding year

41.111 d

MADRAS.
Revenues—Excluding the Revenues of Arcot, aild of
. the Preylnca celled by the Meant, on account
of the surly years helm to part dubfidy and in
part Revenue Coltcdtion. The average receipts
On the years slor-s, to 1803-4. 01 br No. 4 2965,197
Befog lefs than the average of three years,
i Soo-t, to dos .3, to the furs of 49.101
-
Revenne.--No. 6. Eftimates for 1803.4 418,895
Adtust amount - 4.653401
Lois than eftimate • 135,494
Chaps—No. 6. Eftimeted for 1803.4 - 5418.157
Adtual amount - • 6,136,845
More than eftimate - 1,4i11,683
Add deficiency of Revenue to easefshf charge,
the net charge is more than eitnnatA by 1.334 tSs
And the net charge for 1803 4 is 41113,444
ISTIMaTIS, 1803 4..
Revenues--No. 4. - ' .4,639,126

. .
Charges—No. s. - 3•410.'49
, Net Charge - - . 760,7e1 •
ReValliell eitimat-d, more than aetua!, of t8.:5. 4 5,G 2 -
Charges ettimated lefs than ditto 715.8. t
Net Charge (fit:gated for 1804 5,14 than pre-
ceding year 722.741 • • I
BOMBAY.
Revenuer—No.7.AD adjuftment of theta Revenues, ma
of thufe of the other prefideagies, fhoul.l have . ...
.. . ....

been nude oft account ;lithe addition in the two •

la:t yeare,hy treaty and calque& AT the amount
is not (reified, the average muR be Rated on the .
grofe receipts on the yearslBol-2 to 180;4 ; it
amounted to - 408;0611.
Which exceeds the average *Soo- Ito 1801-3. . .
excluding a final, receipt from the Wed coentries avaso
Revenues—No. 9, Eftimated for 1803.4 ' : " ' 51x..573
Aetna' amount . .. gyft,6so
Mere than eitimate . 40.071
Charges..--No. 9. Ettimated torten,' 2478281
Aetna) amount - • 1,642,971
1 More than eftintate sktc97 •
Dedadt cue& of Revenue from meth of Charge,
the Net Charge is Mee than ettimated by 124,010
And the Net Charge of the year tactpe,ls 1,084,311
SITIMATIII 1104.3.
ltsransee—ltha j. • 731.391
Charge% No. L 1 1J73.933
Net Charge • 1,242,642
Revenues &hated more than admit, :tog,* 172,741
Charges Wasted more than ditto 1130,933
Net Char ellistated for ginats, NM thma
preceding year • • SIX.
RENCOOI..EN AND QTHRR flrf Talitztrrs,
No. to. A. Revenues or Felt Martino', in the •
year 18811 t 1398$
Charges of Ditto T ses,t3s
Net Charge i014147
'-s from' - .

_ . .._
Suppßes Bengal to Port hiattbre, PeMg,
Ike- edlmered for 1803.4 - .it 1,64
No. 18. Admal alumni - 304,030
More than elbowed -
No. z t.. Supplies allured foe tBOl-$ 1114 1
GENERAL VIEW.
Rauh of the Wu 1803-4 coati:tint/ i
Revsnuco—Bengal, by No. 3 1060,993
. Mahan., 1 4,41401
Bombay, 9 30.1.10
Total Revenues ---ar 13,1731044
gorges Bengal, by No. 1 3,434191
Nlidra,, 6,136,14 c
Bombay, 9 1.112,978
Total Charges --13.11 4114
Net Revenue of the three Pre¢deticies f 1,930
Dedueted from Supplies to Benemsten . fr.t. by No. tE 304,634
Leave* a Net Charge of 245•1111
Add Intereft, Ste. paid on the Debts :
At Bengal, by No. *8 937,717
Madras, 19 334.179
Bombay, so 30.1132
Total littera - ---...1.534.4
The Total amounting to 1.779
Is the fum in'which the Charge. and Interelt cacceded
the Produce of the Territorlsl Revenues.
From which deduct the Amount of the Sales of fm-
parts, by No. 13 . - 635411
The Remainder 1414.4.4
Shews the Amami in which, in the year 1803-4, tho
Refoorces lisp the Revenoe and Saks of Import
were isfididust to defray the Charges and the hum
MR4llll.oabt.
Amuse sdloolld fee the purchak of havetments,pay-
met of Ommoreial Charges, and In aid of China :
•at Wy No. 18 - 4311),1133
19 706,771
Whs. 1, _
111 • 19044
All /*Raw' ss .' 34.014
'lima Advances for bresemenas ..---- 2,330,414
Cure* coar!!l* Siagoßt In 150347441, ChM.
by No. SI • • •' ' 4/40.4

GENERAL VIEW.
BAB of the Eftfreaks for the years LEM 3 icolleelveki
Limansapsiamtgal,by No. it - ' 8.176.796
Madras 4 4.659,326
Bombay y - 731.391
TOW 1411,1161 ----•-s3dSBsfot
Charges... Bengal, by No. 4 . • 5.456,208
Madras i 5.4605:49
Bombay - 2.873.933
Total Chariot. .----ig,nyo,t2o
Net Revenues of the three Preadaida 308,339
DeduCt Sonia= to Bencoolen, Ike. by No. tt Al2,6E0
Remainder '1059
Dedu fled Rom Intent ft on Debts by No. t 6 19754.843
The Sam dim remaining f 1,734484
la the amount Ii which the Charges and Intereft are

4

eftimated to exceed the Revenue's.
Deduct amount eftimated to be received oo the Sales
of Imports by Nu. is 600.91 M
The Remainder 1,331,591
Is the amount in which the Charges of Government, and Inure,
on the Debts, are eitiroated to exceed the Refources esptEted to
be derived from the Territorial Revenues, and from the Sales of
Imports in the year 18041.
DEBTS IN INDIA.
Amount Rated to April Itio3 - 015884371
Dcdud in the hands of the CummiLiGuners
of the Sinking Fuati - 2,012348
Ne• amount of Debts on 30th April 1803 19584133{3
Amount on 3oth April 1804, by No. *6 of
prefent Accounts • - 23.336,263
Deduct Striking Fund as above 1,8c0,036
Net amount of Debts on 3oth April 1804 22,336407
Increafe 206414
DIIITS SIDIAIN'.I INMOST.
Amount in April 1803 18.7105933
Didudt in the hands of the Commillioners
of the sinking Fund t,686,9t7
Net amount of Debts bowing Intereft on 30th Ap. IS 3 iy,02606t
Amount on 30th April iB:4, by No. t 6 241;6466
Deduct Sinking Fund as above 2444.533
Net amount of Debts bearing intereft on 30thAp.11104 29P385934
Incresfe of Debt bearing hitereft 2,414 iS
Amount of Inter& payable On Debt owing
in April 58:3 - 1,3745012
Deduct lotarell on Securities in the binds of
the Canimillioncre of the Sinking Fund 126.360
Nct Alllutst.t of li.tcrell payable to Dett owing 30th
April 1803 • 15447.431
Amount payable on Debt in April 1804, by
Nu. t 6 . 1,7541143
Diduct Sinking Fsr.d as above 166.454
Net amount of Intereft payable on Debt owing 30th
Aprlllllo4 - 1,388,3
Increafe or lutereft. payable 14057:1
•SSITS IN NINA.

Coy&Binger Calls, Goods, Stores, ke.
in April 1803 14 630,911
Deduct Balance and Securities in hands of
Commithontrs niche Sinking Fund $P12,348
Net amount of Afkts on yoth April, 1803 si,6iSOSS3
9 This Sum includes 140,4301. paid the Commillioners of the
Sinking lund,for intereft 0., the Securities in their hands.
f Includes tde,sjel. payabk to the Ceinnelhettets ef the Sink.
Fund.

CoeiMing as above posh April 404, by
No It. 11.031499
Dein& Sinking Fund as shove 3,800,056
biet amount of Affe• un loth Apr n 1 04 14.05.'43
h.e►nft of Affrta 1,133.710
'Meting !rental.. or Mins troen Inerrati of Debts.
eta lista .4 the l'iwpeny's ators. In this •irw. is • -
w afe in April 1304, Alla April ilo3. in the film of 133464

HONK ACCOUNTS. ... .
No. Ss. Ample AMMO( anan in tors 5P4449S
r+4 g•leiilib• Cthe "pan7alng Ylsr
33476
s Goods were
isfoost 600.99 t
Tng Mks of Poem Trade Goods
won by slams

.........
Madre the net diltanter. as ahow ta0,816
The tales d the Cornpany'a Goals trete cabasated at 6,868.700
TM ideal mows MA j 467.171
Bring We than animated 46.0i,t3s
The Rev*, an the reit to the Lategany'a Goods
weer (Mewed at - 6,398.496
Tat added swam was - 3./36J33
Bring le(. than etiolated 868,303
The Charges and Prot es Private Trade were dß-
word to amount to - 130.666
The naval mos= WAG - 9D,536
Being Ws than etiolated 49.464

G 1.;... trbIlLT

farm the Illaggiehamhet Is the produce of the Sales
Mid a bep mama le needs by the ;suchen.,
. maeleglia a poem spoidlare on account of India
Ellatlimadral Orlklegembel.der &licit would have
="IS des Ilali bateau u( this yrar to a canfi-
agistalett Weis tem borrowed from Govern.
Illmilis • lima him the Bank, and an dim of Com-
gmoVitheida, have to sweated, that tb : balance of
and allibeetti to remain in favour of the Company
.ail lbeiShiarek slog,to the amount of f 57.634
8111aelligliels. the *dual tecounts of the year to be ss,olo
"Ma Wasiak than ettitnated by the fum of 143,614
EiTIMATI, 1805 6.
8181."1, Este of the Compaay's Goods, citimated to
mutat to . 6,501,414
Gailhat. allauvr.
•
PONAlbaroilleithe Reeds. from the Sales are elit-
ism's/ as lerAer dmathe adlu al of the left year,
mad dla appodladea la bated of a payment by Go.:
gamma of a mallse, the earious demeada upon
dseTrealety an to great for Freight sad Demurrage,
die repayment to Government of sonpeo4 borrow.
ed In the lift year, ard on other accounts, that the
balance on the tit of Nt•relt, 1806. if elignaterl to
be againA the Company in the funs of 61,836
DEBTS AT 1101li.
On the tit March, 1834 4128E65
- -
akin. On the tit March, aog - •,0t2,196
Inereafe - • • 1,173,913
ilabeetiog the Inmate of Debt from the !Bernie of
• .Atleta, the Home Concern exhibits in this view an
bmiroventent iu the year, amounting to • 30493
t CHINA AND ST.HELINA.
=at Chine on 31 jam an; . 260,900
Chita on so ao. Ike, lo (*Mr;
55..14 - 181310
=at China: - 443,390
at So Helena on go Sept. .
illpa, Inhume - unit-94
illiamp at ex Helena on go Sept.
de ..le favour, No. a 4 105,381
bemire at St. Helena - 11, • '
•
Total Monte at Chins and St. Helena - . 443478
GENERAL COMPARISON OF DEETS AND ASSETS.
ElleMabeDebts In India X,6664111
,
beeesfetif Debw m Hems 1,123,83 t
-
Teed loam& of s
bts - .
- •
ammo a Atka DeID India 1,233•714
3A9za s
lamb all Mims it Home 2,273.923
•
' _IC 3.107.643
Add. Het tenors of Ibboratit CNN sad
lk: Hama - • 443•173
Tout Wreak of A Sets . - • . .3.551.481
Dedieltil from the bungle ',Debi, mlll lam a Atm
vivratlem to have taken place em lie Mak Commeek -
In this view. &Meg the years 41101}4, Abroad. nil
1E,4 3, at Home, to the amount of - JiMilb.
•Aaleuist received In lidla, and included la
the 44,_Wek Stock there, dated the gosh
April sloe. Which formed pert of the
Cargoes allot; outwards, In the AIRS at • •
Hosts $11.299
Goods In the Exports Warekoufea in todia
on thegoth April,' Sae, arrived lasEogiausi
and included In the Affect at Home 43.619 '
--- 6.16.918
The ariseent of the detertoralen will then be - 966,111
TkeAffeto at home exbibli en Inercale hi value, during the
pear, in the (urn of 441.1911. iron the Infection Or the amount of
the Claimed the Company on the theolie. It having been cal•:ula•
sad beton It iris under the contiriamem of Parliament ; as this
breeds of the concern la under examiestion, upon peineiples re-
toommendid by a Committee of the Hoare of COMMOSO. which
mill lean Us t, a further containable adjuftment will beets
after be tedium

ABSTRACT OF ADDITIONAL. ACCOUNTS—BUDGET,
• [Boy.
Gaskiii.•itiaw O ISTINATII, 18056.
8,76,120
Stcvenwe
a=
- 44743.296
Bonding - 7420011
Total Rescues 14479,133
Charges of Bengal 7.415379
Madras 5,650.182.
Bombay 1,582,191
Total Charges 14,645,844
Net Charge of the three PreMencies - 366.311
Add Supplies to Bencookn, Prince of Wales Ifland,tce. 266,800

633.111

Total Surplus Charge
Add Utter. Intereft on the Debts - 023,00
llama payable to Commiffioners of Sinking
Fund on fccuritics redeemed - 195088
Total intercß ----•••- 2,014,515
Total creator Charge beyond the produCe of the Re-
venues, as eßimated kr the year 18os-6 - 1,651,939
Exclufive of Commercial Chargai cot added to the Invoices,
amounting to 199)1e6.
DEBTS IN INDIA.
Amount of Debt, Both April 1804, by No.
- -25,33848 S
it.,
Deduel in the bands of the Commilkoners of
the Sinking Fund - 1,11c0036
Net amount of Debts en sods April doe --. 12,536,5ta1
Amount as to Bengal, Jan. 18a3; sad Madras
and Bombay, 3oth April act, 18,1517,499
Draluel Sinking Fund as above - 3.151.065
Net amount of debts In 1805 - 5.5.e46.434
inmate • . 85510,327
DEBTS BEARING INTEREST.
Automata April dos. by No. 16 - a t.aa6,466
J:zeauft is the hands of the Comma/one:,
of the Sinking Fund - 2,344,531
Net amount of Debts bearing intent/
on sods April, 1804 - "-•"--^-19,031.934
Amount on swh April 1805. generally a431z.706
Deduct: Sinking Fund as above - 5,6t6.739
Net Amount of Debts bearing !Mama
oti tech April sto3 .-.---
literate - -
Amount of Intereft payable ou the Debt
owing on the 30th April doe. by No. 16 I.7Sette3
Deduct interca on Steurities in the hauls of
the Conlon/Tamers of the Sinking Fund 166454
Net Amount et laurel prank on
Debt owing on sods April 1804 -
mount payable on Debt in April Laos
eduet Sinking fund, as above -
I+Net Amount of Interea payable on
Debt owing on 30th April 1803 ------- r,liatjvis
Inmate of Intereft payable - 233,111
The Noble Lord having gone through his Rate.
went, after Come general remarks. adverted to the
yrefcnt MIK of tlac Company's affairs in India, after

u. 604 ,967
2,573033

ad 83,31151

5A17.358
193.7gg

.

the late termiaation of a loom, ardosms, ittl feces&
fol war ; and he expreffed his eonfidenee that the
treaties which had been concluded Withliolkar and
&indiah, of which copies had been received by the
lalt dispatches, were Ihch as certainly gave lire%
grounds to taped that the peace would be perms.
none, and afford an opportunity of rapid retrieval to
the Company's affairs. Upon the Rate of thole affairs
he was not difpofed to make fpecioos Wee's tions
un-
warranted by reafonable confiderations or fair pre
pats. The affairs of the Company had certainly
been for louse years embarraffed, and their debt, In
far from having been reduced, was iatreafed by wares
which not only abforbed the whole of their furplus
revenue, but forced them into new debts. But al-
though their debts were great, their refeurces were
amply competent to meet every exigency ; and with
a few years of peace. of which there was now ever y
probability, and a Ready, perfevering, and well re-
gulated economy, he law no caufe to doubt the fpee-
dy fuccefe of the Company in fiirmonnting thole dif.
ficulties and eflablifting that profperity to which In
many unfortunate impediments had, of late yeari,
been oppofed. By a fyftem of economy, he did not
mean a cramp, impolitic; and illiberal fyftem, that
would trench upon the fair rewards of official merit,
or tint would limit, by a penurious reftriefinn, that
appropriate fplendour foneceffary to maintain in In-
dia the refpclt due to Ezecutive Government. The
fources of profperity lay not in an ceconomy of that
nature ; but in a judicious adminlßra lima of the go-
vernment of the country. and in the adoption of a
wife and liberal policy, bell calculated to conciliate
the confidence and attachment of the Native Powers,
and to embrace thefe extended plans of policy and
commerce bet calculated to produce the advantages
which this country ought to derive from her priff:ffioos
In India. He concluded by moving the firs Ref°.
Mr. JOHNSTONE regretted, that on a fubjeff of
fuch great importance, there &mild be fo thin an at•
lendance of Members. The expence of the civil
charges of the Company had increafed to a mod
alarming degree, and although he could not but con-
cur ire all the general pofitions of the Noble Lord,
refpcffing the neceffity of a fyftem of moderation and
O ffice, and a fcrupulous adherence to treaties, yet
thofe copfiderations were diftinft from the quellion
of finance, which he thought was a confidevation of
the firs importance. He could not very well under.
Sand the Noble Lord in his definition of the fort of
economy that he +tithed to introduce into the Go.
moment of India. One part of his fyftem was,
however, avowed to be, that the expeoce fhould be
incurred of giving a great degree of fplendour to the
perfon who was to•reprefent the Government in In-
dia. Although it might be very neeffary, that in
Europe the different Sovereigns &mid be fnrrounded
With a confiderabis degree of pomp and fplendour,
yet he did not fee shot it was neceflary to have that
experifive reprefentation of Sovereignty in India. It
would be recollerfied, that without this pomp and
folcmilour, the Company had acquired all that terri.
tory.rinic. and power which it now poiliffed in India,
and all the power and efficiency which he conceived
was neceffary to the Government. As to the power
of recalling a Governor General. he thonght it was
a. ponew which his Majefty's Minifters ought not to
treed& but in extreme cafes ; and in the cure of Sir
George Barlow, he confidered the exercife of it as
wanton and capricious, and contrary to the real in-
tereile of India. , •
The CHANCELLOR. of the EXCHEQTIEff
defended the conduft of his Majelly's Miniflers, with
refpeft to their recal of Sir George Barlow. The
power they had curdled was only that power which
the law exprefied, and he was aftoniffied that the
Honourable Gentleman fhoold think it• extraordi-
nary that his Majefty's Ministers fhould exercife the
power of recal, when the power of recal was given
to the. Crown exaftly in the fame words in which
the finite power was given to the Court of Di.
reffors. Since the palling of the Aft of 1784, the
Court of bireftors had once exercifed the powee
of fecal, and his Majefty's Knitters had alto once
exercifed it: be united it would appear. to. the
Houfe that it was abfolutely neeffary that the Ear
cutive Government (hould have a controul over the
executive of every Dependency of the Empire. It
was as nectar,' tkat the deryttliors of India, lhouhl
enjoy their eerifidence, as the Lords Lieutenant of
Ireland, or the Governors of other Colonies, which
belonged to the Empire. A Noble Lord (Lord
Minto) had now been appointed to the Government
of India, and he trufted that he would go out with
all the fentiments of justice, moderation, and rigjd
adherence to treaties flrongly impreffed upon his
mind. From thefe principles, would naturally re-
Cult the folid and laffing tranquillity of India.
Lord CASTLEREAGH entered at length into a
vindication of the flatements he had formerly made
refpelling the revenues of India, and contended that
it was thole wars which could not have been forefeen,
which alone appeared to falfify his Ratements. He
approved highly of the adminiftration of Marqnis
Wellefley, and thought the fair Way to eftimate the
cited of the war in India would be, to balance the
advantages gained by it againft the expenditure. The
Company had gained on the Weft the throng boun-
dary of the Jumnah ; it had gained the Province of
Cattack, which united Bengal with the hfadr.i Cu-
p vernment ; and on the Welt of the Penintul., they
had gained the port and maritime diarid of Broach.
He concluded by objefting ,flrongly to the recal of
Sir George Barlow.
Mr. FRANCIS confidered the India Debt as not
lefi than thirty-one millions Reding, and the annual
deficiency to be 1,655,9571. although there was a
'territorial revenue of fourteen millions. Even o:,
the fates in England, from which the dividends
difcharged, there appeared to be a lots of 418,54c1.
Then what was called the Rock account exhibited at
one view the true ante of the affairs of the Company;
and what was the true Rate of this account f All they
took credit for was 6,181,0001. and yet even this was
fallacious: for out of this amount was not dedufted
the capital, which in every mercantile Ratement mt.R
be considered, and when that was firbtrafted, there
was. in truth, a balance againß them of from three
to fobr millions. Again, they claimed upon Govern-
ment 4.460.0001. which was a manifeß excels on the
jolt demand of r,000,0001. In a very than time
there would become due from the Company in Eng-
land 17,500,0001. and what were the meafures to be
taken to meet this exigency he was totally at a lois
so conjefture. Such was the melancholy view be,

l*its obliged to take of thefe enneerns ; bnt, while ?is
lamented the fituatiln of affairs, he highly at-liras!,
of the nomination of a Wide Lord (Lord Miiitll) 14,
the high office of Govetnnr Ge net... 4 and he Cruilce
that, under his management, fume Alleviation of theft.
ferious calamities migbr he obtained.
Lord CASTLEREAGH explained.

Sir ARTHUR WELLESLEY entereJ into a ge

neral vindication of the treaties by Sir Geo. w
and commented on the various i•ems of accritrut no
ticed by the Finn. Gentleman (Hr. Fest[leis), Isom
all which he concluded, that the Company's affair
were in a much more fiourilbing condition tll4ll has
been leprefented.
Mr. FRANCIS and Sir A. WELLESLEY fcvc
rally explained.
Mr. WIIITSHED KEENE re,loiced at the fric-
cefsful means which had been employed to drive the
French out of India, and fail, if &snap site could
have found a fulcrum by which his, lever have
been fupported, he would have fuhverted tl:c Eaf-
tern World. •

Mr. GRANT obfervcd, thatmany inaccurate flare-
molts had been made of India Accounts, and that•
on the grand total, there appeared a balance in film=
of the Company of 138,8791.
After a converfatiGn between Mr. Alderman Prim.,
rep, Mr. Paoli, Mr. Johnflont, Sir Arthur Wellefley,'
Mr. Hiley Addington, Mr. More, and Lord Llorpeth
(during which the Alderman laid,, that the India
Company was in a Rate of infolvcncy), the quettion
was putt " that the Chairman report progrefs, and
a& leave to fit again?" This was carried in the affir-
mative, and Tuefday was appointed to re confider
the fubjed in the Committee.
•

The'Houfe bele* refumed, an Account of the Lx.
pences of Printing and Stationary was moved for,
and further, by Mr. PAULL, the charge of printing
the Papers relating to India flare March fall, both
which modems were agreed to.—Adjourned.

LONDON.

FIUDAY. JULY It.
PRJCE OF STOCKS TFES DAY AT ONE Cs'OLIICKt
Confab, for GR. 6311—Rednead 6st.
Oranium, lit—Ezebaiper BEE, par
PRICE OF STOCKS YESTERDAY.
Bank Stock 2114 aril India Bonds, ie. se. dlf.
3 per C. R. An. 61.1 i Imp. Ann. 3 9 16
3 per C.Conf.6llt Ezeb. BM, per 2.a. re. pron.
4 per Cent. 8011 I °minium 34/
5 Per Caz 9.3 i 94ii 1 CenaL for acc.63f
The India Budget was opened lalk night with great
P.
erfplcuity, by Lord Moaraym. The ftatemeras are
Co important. that we lay them at length before our
Readers.

A brine firing was heard yellerday morning at
Dover, between to and t t, in the direCtion of Bou-
logne, but the weather was then tno hazy to obferve
the caul:air. In the Afternoon the horizon W. 15 very
clear, and from the hills a number of the enemy's
(mall craft were obferved at anchor in Boglogne Bay,
clofe in a ith the batteries: Our fquadron was lying
to, a little diflance without them.

Government has received information of the French
fquadron, in which Jeaoses BoAAAAAAg has a com-
mand. Rear Admiral Sir RICHARD STRACH AN, with
a fufficient force, is cruizing in the right track to fall
in with it. The Admiralty are in daily expeaation
of receiving an account that a meeting between the
two 4quadrone has taken place. Should JEROME be
fortunate enough to efcape a rerscordrt with Sir
Ricasan, we milk that he will be met by one of the
other &hi& fquadrons, of which we believe there
are nolefs than four in all upon the look out for him.

American Pipers to the t4th of June have arrived '1
—They repeat, with additional circumeances, the
report of two of Miaanna'a Teets having been cap.
tured on the Spanith Main. Still, however, there
rumours are not yet entitled to implicit credit : neither
the rime when the event happened, nor the channel
through which the intelligence has been received,
have been given with that precifion which they cer-
tainly might have been, if ceiling on the belt autho-
rity.—We with we could entertain the fame degree
of fufpicion with rerped to the intelligence of the maC-
facre of the few remaining Whites at Cape Franclis.
It is, however, too circumttantially related to allow
us to doubt it.

The I..s•si Dal man of war, as we were led to sxpelt
from the accounts received by the IA packet, has re-
fumed its ftatinn off Sandy Hook. The American
papers peril ft in fabricating llories refpcEting the con-
duit of Captain WHITSY, which need only be read to
be entirely difcredited. It would have been more
creditable to the American Islagiftrates to have pro-
fecisted, in the firft inftance, the Captain of the Arne-
rican S,effel, who expofed the lives of his crew by re•
fail; g to conform to the cultors of Nations, than to
have joined in giving a public funeral to Ptsecs, who
was killed in confequetscc of this criminal condo& of
his own C..iitain.

There is no truth in the paragr.aph circulated in the
•ari^us Papers, that Mr. Fox. accompanied by Mrs.
Fox, a lady, and two gentlemen, bad taken an airing
the preceding day, in the Park, in an open carriage.
The fat is, that he continues in a precarious &ate of
health, althoul„h the late favourable change cannot
tail of being very confolati.ry to his numerous friends.
Yefterday zeo from the 2 d battalion of the
aft regiment of Pxrt Guard.., volunteered their fer-
vices to join the tit and 3d battalions cf the fame
regiment, now at Chaf.:arn, and ordetca on foreign
favice.

MIRK- r. "E.

.11:77.

' CORN EXcli.AN.,a, jt7l.Y tr.
The fr• lb imp at, of Vartkat t '.iy .t•e few; ram-
ps:, sir ~,J Whew ni tin•ain their p ice, others very
a •• of de. Bole's is rather dearer. Peas • f each
k td kewife, and very few here. Bean. in p'en.y
aid lo er. In tl.e Oat Trade little variation. ring
me ic an Ft,tur 43, to 49.. pert, tire). t"
• rev TAR, th:re are very 1:w buyers, ..r I.llVi Ct.
cded, of articles in general.
Censurer as crones:
Vr.rat. Sot 70- 45 per qr. Crer Pea ,6.0 d
;nr 11i 9os 04 Beans, 4:d 47$ 01
''/4 4s 43,04 1,c5 put. 3.0 40..04
~rl.y 324 37. 61 02t1,13,31;* acs.
6, 723 o 4 PeLlied ;.4to 30.35 s 6d
Peak, 6os 664 od Rap• Set!, 001.
PLICt 05 FLOUR.
Fine Flour 7011 to Us. etas to) lo to 'OS per rack.