Star.
London, England, 1806-07-16 00:00:00

INDIA ■ODONT.

The Houfe then refolved into ■ Committee for the
further eonlideration of the India Budget.
Mr. GRANT took a view of the affairi of the
Company, and replied to feveral obfervations which
bad been formerly made, when the Budget was
brought forward. He concluded with palling feve-
ral encomiums on the Government of Sir G. Barlow.
After a few words from Mr. FRANCIS,
Alderman PRINSEP took a very extenfive •iew
of the debts and Au of the Company, in order to

ma
gar? an anettion 'hien 011 Made ell a former OCT*
finn, that they were in a Rate of infilvency. He
contended; that the Houk Was loudly called upon to
attend to the flare of their affairs, fence their dcbts
wonld ultimately, and probably at no great (finance
of time, fall as a burden on this country.
Lord CASTLEREAGH by no means took In
gloomy a view of their concerns: the balance in the
Cumpany's favour was more than fix millions ; but,
on the fcheme of the worthy Alderman, deduCiing
the capital, there were debts 39 millions, and affas
37 millions, yet this was under the idea of their hav-
ing no carripenfation for their territorial acquilitions,
and of their adjutling their affairs, as if they were
in a Rate of infolvency. In the haft 13 year., the
(hut in India had been increafed, and that in Eu-
rope dimittiked ; of this he could not approve, on
account of the large intereß paid in the EaR• The
amount of revenue for 13 years was t3g
and the charges were 136,77000001. To this might
be added three millions of expences here, but againd
that lion was to be placed claims to an equal
amount, which the Company had againft Govern-
ment for public fervices. The debt in the year of the
Charter was eight millions, and it was now twenty
millions. When it was conlidered that the inte-
ren upon this was at nine per cent. or 800,0001. it
would appear a fetions amount. It teemed neceffary
for the future protperity of the Company, that the
capital fitiold be augmented, but this could not be
advantageoufly effe'ted by the increafe of the Pro-
prietors, nor by the Direeors railing a loan in the
money market, emanating from their own authority ;
the moft beneficial way in which it could be perform-
ed, would be by a Loan under the fanCtion of Par-
liament—[Some furprife being cap/effect on the oppo-
fite fide of the Houle, his Lordfhip repeated his
proponci,to]. In addition to this, a Sinking Fund
night be retorted to, for the gradual extinaion of the
iiehr.

Mr. ROBSON ftid, in the abfence of any nne of
hi, Majetty's Minitlers, he thought the dircuflion
improper, and moved that the Houfe lhould be
counted.

Dr. LAWRENCE crinfidered the prefence of any
of hi. Majelty's Minitiers immaterial.
At half paU eleven o'clock, (!rangers having with-
drawn, the Honfe was counted, end there appearing
ty-one Members, no further proceedings wet e
had.—Adkutned.

LONDON.

WEDNESDAY, JULY t 6.

PRICE OF S OoKS THIS "AY ATONE O'CLOCK.
Coofols, opg 634z—Ditto, money, 63}!.—Reduced 623.
012166102 6}rfor Aolutt 7.
elt FRI OE STU K 1 YESTERDAY.
Bank Stock. 1124 111 India Stock 1869
3 per Ct. Red. An. 64 63 621 India Rondo, sa. a 2a. dH
3'per Cent. Conf. Ann. 621.1 i Imp. Ann 8 9.l6tha
4 per Cent. sift, Exch. 13111, par 31.1 a. prem.
5 Cent Navy 2411 Ontnium 61
Loag Ann. t 7g Conf fur acc.63if

The intclligence which we communicated yeflerday
refpeeling the fquadron in which JsaoMl Boa A rrrrr
has a command, was brought by a perfon who was
on board it. He effcaed his efrape from St. Salva•
lor, in a Portuguefe •effd, and is arrived is London.
The following is a fuller account of the particulars
than the notice in our
" On the aid January croffed the Une, in a degrees Eat ; so
17th February, captured la Prudente privateer, which had been
taken by the Narciffus frigate; on 6th March, In let. 3t. South,
Lug. 14. Fail, bore nil for St. Salvador ; on ad April arrived there ;
orders to have no communication with the Portuguefe; on attt
April fa!l. from thence.

a7th April were ken 25 leagues R.N. E. of St. Salvador,
fnpplfed going to :he Weft Indies, having only ten weeks' water
and proviSons• upwards of Boa fick of the (curvy; for three
months they bad only one pint of water per day per man"

. .
It is further limed, that this intelligence was com-
municated to Admiral Haim, on the 27th of laa
month.

We mutt nbferve, that this account does not per-
feAly coincide with that fent to Lloyd's on the 16th
of MAI sor the report of the Mailer of the Lady Shaw
Stuart. as itiferted in our paper of the aoth of the
fame m,nth. It, however, fufficiently agrees with
the fuotlance of the former accounts, to allow ns to
hope that the latter part of the intelligence is cot,
reel. From the fituation in which the French fqua•
'thou w..s fern, it is impoffible to determine whether
it intended to return to France or proceed to the
Well Indies. We Ihould rather fuppofe it was on its
way hrmeward. There was sufficient time for it to
have reached Martinique, between the 17th April,
when it was laR Peen, and the gth June, when Ad-
miral COCHRAN. was left blockading the Regulus in
Port Royal. We truft that in the centric of a few
days we null be able to give more pofitive intelli-
gence of this fquadron. It will be fortunate indeed
if it escape the numerous fquadrons which are now
erLizing for it.

Yeflerday at twelve o'clock a Cabinet Council was
held at Mr. Fox's Office, in Downing-ftreet, at which
the Lord Chancellor, Earls ST ANCIR. Morita. and
FITZWILLIAM VirCOUIMS SIDMOUTH and Howicx ;
Lord H. l'Exxv, and Mr. WINDHAM, were prefent.
Mr. PHIL:Ars has given Mifs OwEN sow three
hundred pounds for her Wild lriA Girl. The A °vire
of St. Dominic!, by the fame Lady, is placed in our
belt libraries as one of the moll daffiestl podations
in the language.
The Chelltire &mewl are promifed a delicious treat
at their approaching Mufical Feßival in the latter
end of September (advertifed in the aril page of this
Paper) : of all unifical entertainments that we have
feet), we do not menace one (Weflminfler Abbey
excepted) that contained fuch diitinguilhed patronage
and muacal talents, where fo many principal perfor-
mers have been united in one band.

The Clyde. hi.lxvvas, arrived at Greenock on
Saturday fe'nnight, from Leith, in twenty fix hours.
This is the molt expeditions pal:iv ever made fince
the Clyde and Forth Canal was opened.
In the violent thunder florin on Friday left, leveret
of the trees in Windfnr Forel! were blown down, and
many others completely (tripped of theist bark by
the lightning.