Star.
London, England, 1806-02-26 00:00:00

__..mere was no neceffity for it, but .it Was
A woth to conceal danger when itedually exited,
.1 thus lead people on blindfold td their deftruetion.
4 was emit irrany department of Government, butt
*tore particulaily fo in the cafe of the Emit India
Conapiny. Botthe would pot it to hint, whether of late
the error bad not been cothmittrid much oftener in the
Way Of &Wenn, than the way of alarm, at haft as
liar as regarded this fubjeet t Plow, experience w•suld
thach the wife to avoid thole faults into which they
bad found.others molt apt to fall. Certain it was that
Much left was to be apprehended from too ranchjea-
loot? than from ton much negligence. No objeltiolli
Nod been made to the motion of his Hon. Friend nedY
him (Mr. Prantis.) He had only been requeßed.dtP
pollpene it upon a point Of convenience; to whisk
he had properly agreed. Before he fat dowri he mill
not avoid paying that tributertfpraile to the induftry,i
perfeveranee and elear•fighted policy of his Honest:re
able Friend, on mietlinns relative to India, whit*.
they fo much deferved. No merit belonging to shy
other who had turned his attention to tittle fubjeth,
however high it might be, could poaibly be put in
Competition with that which his Hon. Friend might
fairly and pally claim. •
• Mr. GRAN I' explained.- i • ,
Lord MORPETH oblerved, that there appeared
to be nn objeaion to the principles of ihefe motion..
It would be in the reeolledion of the Hoar, this the
half million 'which the Comptinj had engaged to pay '
to the public had only heen paid in one inflance.—
This was it matter of complete notoriety. He would
be lorry Id withhold any inforenatioh ; but he. fob-
witted to' the Hunottrabie Gentleman (Mr. Paull)
whether% win Meefary for halt to prefi his motions,
as they reliSted only to p lota -which were univerfelly
lthrions. : - • - ' .
Sir 'A -METCALF contended that the payment
fh the oth/it was only to be Made proviflonally.—
While.the debt was incisaang thete could be no for.
Plus, and of courfe no payment doe. But his chief
bbleet in rifinE 'was to thew, that though the hilt
millinn had not been regularly paid, the country had
devised other advantages horn the Company more
than ennal to it. The duties then on tea had been
!aired from i sit per tent. to oy per cent. The refill'
frunathis was, that if the duty had continued at ias
Feiceiti:the fum paid intothe Exchequer, fuppoftrig
the half 'Million to hive been regularly paid, would
have bet. Gee millions.. 'Now, however, in the in.
treated duty on tea, thtfum *dually paid into the
twin quer was teventeen millions.
Kr. Alderman PRINStP had Slimed to the
debars on this ruble& . with peculiar interell, His
opinion always had, been,' that 'it was improper to
tread any 'alarm with ',god to the Company's
affairs, if it could be' voided. The Houle Would do
lfim thejoftica to ackhoeriedge that htliad never
. highly urged ilti ipfkintotent of a Committee. but
helknew ihnstreet terpotifibility attached m tha.Go.
64 • uftwatent., Wives swats of the alarm that may
Se eyeiwel* by tisk appointment of a Committee of
ingisilt, bill- pie fed It upon-the rtifpenfibility of
Molders tgicavilofuch.invelligatinna to, rains place,
as to (eddy thonfelftt whether.the amazing amount
Of the pfiteneditbt lift atierred front a piing com•
liefie, Or fFoen at greitintriafe of iniptirry force and
indium eapenclitme..,TlMYpught to:entiftignne. to
And (*tribe 110 mita aftwamusediag • the paraiirx::4l' a '
flarplus and an incr. yacht; a Gunsifhiss-4.lnee of
affairt„ and sn. ego fftvenee, and tfiereallog
Z 1
teriffliterect t ati exill alas anstalWatarne Moment, in
the concetwacit site fame ytaiiinpanr. He laiscated
• _bat the commerce of Indialtsaupyfined to the Com-
pa,ny,. tit the exclufinn qr.'s* maim% but hie Majell y's
Oft We- He expreffed his willingnet's to give (10.
. • weemosent catty &frailest,e in his powerin culling on
Ilia iileptiries.' , r •wr.'' t•-t et. -:.L'
s' —Kr. jolitirrerzlitetkveci thank fltood not
,'.fro yhde the Hance Withinany remarks ns this. hurt..
me*" ; Ern, 6ecauft dm mmilitin was psernaluft.fince
.k woeld Mire-waft •MI Ward mush better after the
, •wodetuots hadWerelaid On the table; and next, be-,
si
Itute the tebtidfffp Mit.iff cis ought not .at preterit'
fo • Its turgid away • (tom affairs that trio% ir ed their`
Mime immediate labours,. But be would-far, however,:
&at se blame whatever attached to the Cimpatty, ft,
If w;ss clear froth the accounts that their f,ailute to
Pat SAC funs s=aid upon to the public, arofe from
eke waft in winch they had been engaged. No Cam-
Inittitei lie contended, was neceffary, as every 0141'
was detailed in the accounts-in the ctealett and mt.
Sitwell Manner. And when differences ..tore between
`his Honourable. Friend (Mr. Francis) and hingelf on
life one tide, and the Noble Lord (Cakleteagli) near
him on throttler, the cattle war, that the Noble L rJ
Always proceeded upon the efiinaates,whde they con-
* Andy attended to theoefults. 'there Was nu differ-
ence as to fails.
Sir HUGH INGLIS, alludiag to an obfervation
that had fallen from Mr. Alderman Pi infep, ob-
ferved, that it was impoffible for the EAR India Corn.
)any to engrofs the whok trade of Arl4, ii,ed that
other nations had long limn in the habit of trading
is it. He adverted to the profpeels that the Com-
panyhad had in 1793, and contended that their dil
appointments had ariten from the wars in which they
had been intenlved. Government had had the nfe of
their (hips- and troops fur nothing in fome expeditions.
The account, would prove that the dividends a: nfe
fnom the pr. fits of trade, and not from money heir.
'owed in India. He objetled to a Committee for
inveftigating the rife and progrefs of the debt.
Mr. Alderman PRINSEP explained.
Dr. LAURENCE fupported the motion ; and
utfervcd, 'that it now appeared the Noble Lord'.
Battering flatement of the abundantly pro/Peron. Rate
of the affairs of the Company in -1803, was entirely
founded upon a profpeeive Itappolition of a perma
nant peace ; whereas, in one month afterwards, his
Majelly's Meffage was branght down to the Houle, •
pion c_
announcing the ex Ift t a fiCW war.
hIr.PAULL replied to the I.everal a rgitruents again II
his motion. He denied that the defalcations in quef
tion were chargeable to the account of. war ; on the
contrary, his objedion was, that when the war broke
out, fufficient espence had not been gone into in the
preparation for its continuance, or the means of
bringing it to 3 fpeedy Wile. lie was prepared to
prove, that the defalcation :solelll,lll a ruinous fyl.'
tern of c•mtniette, by btorcwing money at. twelv,•
and fifteen fir cent. f,,t ',rebating Myelin-tents, anti'
5-11 per cert. paid f..t conimillion upon 'hot'. irritelt•