Star.
London, England, 1804-07-11 00:00:00

Wit& at St. }WM 16446

Net Dean& at Chins and St. Helena ;scion
GENERAL COMPARISON of DEBTS and ASSETS.
bunk of Debts in India - 1,114,80
lunge of Debella Huns-114979
Tag Wreak of Debts 4119,821
337,240
1.718.113
1,183.383
Deduel net Deere& of Bahnee at China
313.988
and St. Bekaa - -
Net Inerege of Mime 1,959,30
The net Improvement of the year in this view, sr
pears to be
• 719.375
From this fun tumid be deduded the Amount d
Cargoes arrived in India, previous to the 3ods
Apra, :Boy, and included hi the Quick Stocks
there, which fanned put of the Cargoes gloat,
outward, In the Meta at Haase • 4107000

Wreak of Mete to India
Isereafe of Affete at Home

The remainder Is 3128373
Which may be confidered as !till liable to timber
adjultments,yrhen the Anal arrangement of the
claim, of the Company upon GOVCIIIMCIn, as
ftated in the Home Abets, Cull be completed.
The Houfe were to recoiled that the Indian part
of the war was now at an end, and therefore the con-
fiderable expellee which it bad occaßoned wa. not
likely to occur again. The sang Revenues of the
year. which he had calculated at only twelve mil.
lions, adually amounted to thirteen. 'The charges,
it was true, from the mules he had Rated, had alio
exceeded his Eftimate by 9000001. and taking the
nett Revenue of the Company front its foreign poi:
feffions, it had exceeded his calculation by g74,00cL
but at the fame time the conkquences of the war, as
affecting the fates at home, prevented the Country
participating this year in the profperity of India by
receiving the half million which he had calculated
would have been paid the preterit month. If it bad
not been far lolfes at home, the time would have now
arrived for the Country participating in the profperity
of India, but at prefent we have no legal claim upon
the Company, as they mutt RA pay a certain furn
for the redudion of their Debt before they bad at all
promifed to pay this half million annually ; but when
it was confidered that notwith!landing the war in
India, if it had not been for loffes at home, in confe-
quence of the European war, they would have been
able now to make good the expo Cation of the Coun-
try in this refpat, these could be little dcubt that
when thole extraordinary caufes which prevented it
were removed, the profperity of the Indian Revenue
would he found Hill greater than any calculation
which had yet been made of its probable increafe.—
He then Hated the neceffary increafe of the Indian
Debt this year, to the amount of i,t03,0001. and
that on the other hand there was ailually a balance
due to them from the Country of near noci,ooo.
After expreffing a lively hope. that the affairs of India
had now arrived to that height that the Country
might loon expell to participate in its profperity, he
concluded by moving the firit of his Refolumins.
Lord A RCHI BA LI) HAMILTON was forrt to
fee that year after year lloUrithing accounts were al-
ways prefented of the Rate of India, and the Country
was always led to exped that the next year they were
to begin to receive their half million annually ; yet
that thefe hopes were eonftantly difappointed : in-
Read of that, we law the Indian Debt was in fa& in-
creAfing regularly every year.
Mr. JOHNSTONE followed nearly on the fame
grounds as the Noble Lord (Lord Archibald Hamil-
ton.) He examined the details at thole Accounts
very minutely, and drew a conclufion t tom them very
different from that idea of the gteat profperity in
which the Noble Lord (Lord Caltlereagli) teemed to
confider the Affairs of India. He objee.ed to the
flat emcnts made, on the ground that they Hated im-
proper article. on the credit fide, lush as times, can-
non, &c. This he Paid was improper. In eftimat-
mg the affairs of England. the Houle might as well
take credit for the ()lips in the Dock-yards. He com-
plained alfo, that though the receipts had turned out
equal to the E Ululate, yet the difburfenwnt had not.
There was (rime radical error in the mode of making
up thefe estimates, of which the Noble Lord had
been warned in the difcuffam of his former Budget,
but of which he had not availed Lindell fo far as to
afcertain in what it esifted.
Lord CASTLEREAGH twilled that the affairs
of the Company were now in as favourable a Rate,
comparing the Debts with the Mfg's, as they were
in the year 1793, although an interval of ten years
bad taken place; the former ellimates were not made
in the contemplation of the Mahratta or Myfore
War, which occurrences occaftossed the whole of
the dintrences now noticed.
Lord HENRY PETTY withal to kacw what

1,214.841

44114

12.06! .383

ti,618,62;

S 57.141

8,435,011

917.931

6.OSSJOO
SABlac4

603,196

.6J17

principle was to be eitabliflted to guide the Commit.
Goners in eftimating the portion of expence of
liti-
dian Expeditions that were chargeable to the Corn.
patty, and what to the public. This was a nice
and delicate point, and fume definite line of diftinc •
tion thould be drawn. The Expeditions to the Cape,
the Moluccas, or Ceylon, for inftance ; it was diffi-
cult ezaiUy to afcertain the.ptecife lamas of both
parties.
The CHANCELLOR of the EXCHEQUER
Paid, when the Commiffioners had made their Re-
port on this fubjeft, it would then be the proper time
to ;MA that point. He did not however mean to
fay *the Houle would be bound by their Report, hut
taking it into confideration, would then exercife their
own dikretion.
Mr. KINNAIRD (aid, this explanation relieved
his mind from a confiderable difficulty be bad enter.
mined upon the fubjeft.
Dr. LAWRENCE conceived that the fuhje& of
India Affairs in general mutt foon come before Par-
liament in a much more impreffive manner that
they were now difeuffed, fo that he was not dif.
pored to eater at prefent into any detail. He
thought, however, the excels in expences (hewed
there was Come latent radical error in the manner of
making up the accounts, that required very Ceri-
oux
Mr. PKINCEP , alfo thought that the affairs of
India met be fubmitted to full and feparate dikuf-
fion, and referred the explanation of tome peculiar
ideas of his own,•on that fubjeft, till it thould be in
that manner diftinftly before the Houk.
Mr. FRANCIS (aid, it was in vain to enter into
the dikoffion of filch weighty and complicated mat-
ters in fo thin a Roth, and at fo late a period of the
Seffion, as India Affairs were generally difcufted.
He hoped, dearly next Seffion, a Commiffion, like
that of 178:, would be appointed to examine into the
Affairs of the Ea% India Company, both at home
and abroad. He meant next Sellion to bring the
matter forward on the g..ound of the Documents re-
lative to the Mahratta-War, which, though not yet
before the Houk, he trotted would yet be fo time
enough to admit of their being printed before the
Prorogation. He then entered rather into detail on
the Accounts before the Houk, condemned the ufe
of the term Alfas, and thought the Noble Lord
(Caftlereash) like his predeceffor, too look and ran.
guine in his computation,
Mr. T. GRANT had no objeftion to a particular
examination of India /oath.' next Seffion, if it were
entered into free of party motives, and with a view
of fincevely benefiting the Country (Mr. Francis
nodded affect). He then defended the ilatemente
on the Table, and thought that, though Mitt was a
term perhaps technical, yet that as importing valua-
bles, it was rightly ufed, and generally uncerftood.
The flock of the Compl[[[y, he conceived, thould not
be acted among its debts.
Mr. FRANCIS thought it (bould, as what it purl.
chafed was fined on the other fide.
Mr. JOHNSTONE fuggelled whether the Ac.
counts in India amid not be made up to (Maher 30,
inked of the 3oth ((April, fo as to enable Parlia-
;twat to receive them fooner, and enter on their ctif,
corm earlier in the Selfirm.
Mr. T. GRANT feemed to think that could not
be, as the Indian year finiffied in April.
Mr. JOHNSTONE Paid, this was not the cafe in
all the Settlements, though it sets in Bengal.
The Refolution were then put and carried, and
the Report ordered to be received to-morrow.