Star.
London, England, 1827-12-20 00:00:00

brig enough
deraltlefortnee.. He was a:rod4illed 10-ffis.d.such a as.
position coining from the Court of Directors. The Court
ought to consider Whether they could not provide for
him by some othir means. The Compeers iffaita Were
not in a condition to warrant such a greet, and he was
thensfore determined to take the sense of the Court upon
the subject, and he hoped the Proprietors would not sup-
port the Directors in such uncalled for extravagance.
Mr. GARAHAN opposed the motion.
The CHAIRMAN said, it was necessary that the nevi
superintendent should possess a certain naval rank
which Captain B. did not hold. It was for the Govett-
nient to approve of the per son appointed by the, Court
of -Directors.
General THORNTON ..opposed the Resolution, and
asked what was the age of the Captain; and what was
the value of the appointment ?
• •
The CHAIRMAN replied, &hal the Captiiu't age was
about 5.5, and his salary 3,500 rupees a month.
Mr. WZRDIND supported the Resolution. .
Mr. Hums moved as an amendment,.*o That this
Court disagree with the Resolution of -the Court of
Directors, to grant a pension of 8001. a year. to Captain
Buchanan, but recommend him to be appoipted-to the
first vacant office in India that may be suitable trellis
talent and rank."—Captain Mairisetto secooded the
amendment.
The Hon. Colonel Lsreasetu STANHOPE said, The
proposed grant could only be sinctione4 on principles
of corruption. He should like to know what services
Captain %Buchanan hid rendered the Company to
entitle him to such a ion; besides, the proposed
grant was illegal, as traCsompany could not grant a
pension beyond the time when the Charter would expire.
In his opinion, the whole thing was a job, and nothing
but a job. -
The CHAIRMAN said, that, in his opinion, a more
fair, just, and honourable proposition bad never been
submitted to the Court.
The Resolution was then put, and the Chairman de-
cided it to have been carried in the affirmative.
Mr. Home differed with the Chairman in this opinion,
and demanded a division.—The strangers were then
ordered to withdraw.
On our return, we were informed the numbers were,
For thcorigisal Resolution, . 38
Against it • . IS
Majority . —26
THZ saw STAMP REGULATIONS.
Mr. Hums rose to give notice of a motion upon' the
above subject, when
The CHAIRMAN said, that the information received
by the Court on the subject was so slight as to render
them unable to take the question into consideration at
present.
Captain MAXPIELD was astonished at the delay in
remitting papers from India, relative to a question of
such considerable importance. The Court were con-
sequently kept completely in the dark as to what had
occurred. The papers already sent to this country
ought to be immediately laid before the Legislature,
and the public put in possession of the fullest informs-
tiou upon the subject.
The CHAIRMAN observed, he would not say that no
information had been received upon the subject, but
that the Directors had not received such information as
would prepare them for a discussion, of the question.
Captain MAXFIELD observed, that such a delay, under
some circumstances, would have involved the safety of
the Government of India. He then alluded to the difficul-
ties thrown in the way of petitioning by the Indian Go•
vernment, when the object of the petitioners was to obtain
a redress of grievances. It was widely different when thee
met to eulogize the conduct and measures of Government.
He then readthe petition presented by the British and,
Native inhabitants of Cakutta, praying for a repeal of the
Stamp Regulations,r ecently prOmulgatecLand concluded
by moving, That this Court, with reference tothe recent
-Act of Legislature, abolishing the use of Stamps on
legal proceedings in Great Britain, recommend to the
Court of Directors to take into consideration, the
effect produced by the use of stamps in Calcutta, and
recommend them to issue such orders on the subject,
as may be best adapted to promote the ends of justice.
Mr. Hume said, it was at all dines desirable to get
rid of taxes, particularly those which pressed most
heavily. the law taxes particularly impeded the pro•
'yeas of justice. It often amounted to 70 per cent. on
the amount of the property sought to be recovered in
the Law Courts of India. In his opinion there were
•no taxes so abominable as those on law proceedings.
Lord Goderich had io this country abolished those law
'taxes. which more particularly pressed upon the loser
-classes. la his opinion the inhabitants Of Calcutta
'ought not to claim an exemption from st!tax that was
paid by the provinces. If the provinces in India were to
be governed by a military despotism, let that be publicly
announced. On the tradition of the alteration in the
stainps,the merchants of Calcutta requested the Sheriff
would convenes Meeting, but the Sheriff declined doing
so, and stated that he acted by the orders of the Govern-
' meat. lie (Mr. Hume) stated be hoped it was not true,
Out be had beard it from a Gentleman of the highest re.
• apectability, resident in India, that a detachment of
troops were ordered to be in readiness, if the parties who
got it up persisted in holding the Meeting, in order to
treat them a-la-Manchester. It was no credit to the Go.
• 'moment- there or here to sanction or' tolerate such pro.
ceediogs. He then alluded to the suspension of M r.Cou rt.
nay Smith, the Chief Judge of the Supreme Native Court
of Calcutta, and asked, dare any of our Ministry attempt
to express their displeasure if Lord Tenterden or Lord
Chief Jo.tice Best delivered opinions disagreeable to
them ? Akeviseene further observations on the present
system of Goveroment tenedia, he observed, that he
agreed with tare late Mr. Wilberforce in opinion, that no
human being should ever be eat:oars:l4oth irresponsi-
ble power.
Mr. SAMUEL DIXON observed that the question was
one of considerable importance, and ought no; to be de
tided upon until further information was obtained.
After a very lengthened discussioo, the minion was
negatived.
•v•
INSOLVENT DEATORS COURT IN INDIA.
Lola L. Sressiors ptoposed a resolution, recommend-
ing. that the operation raf the Bankrupt Laws, and Insol-
vent Debtors Act should be extended to Bt itith India.
Mr. Huse said, that during the last Session of Par-
. haseetwevie Ptesideut of the Board of Coutroul, in
ea sway .questiou from bias (Hr. H.) oo.die subject,
. slated. that he bad ? doubt as to how fai the law on
the oboes subject eztea4ed to our Bast India possessions;
, but at the same time promised to'svirkii inquiry upon
, the ;object, and if the law was not the same there as

LONDON: `

THURSDAY, DRCIMBER 20, 1827.

STOCK EXCHANGE, TWELVE O'CLOCK.

At the opening of the Consol market this morning, tile* was a
great agitation experienced, u it was previously known that an
Express bad arrived from Paris. Consols which left of yesterday
at 84 to 4 for the Account, opened this snorning at $4, and Imme-
diately fell to 851. At tbat moment an eminent Hebrew became
a large purchaser, which turned the market, and Consols rose to
$4l I, at which price they now remain.
In the Foreign market nothing is doing.
CITY, HALF-PAST ONE O'CLOCK.

The Repress from Paris, which has brought favourable news
from the Pacha of Eorrr, as be wishes to remain at peace with
the Allied Powers, and for which purpose he has sent some of his
principal Nobility to the several Allied Courts, has had but little
effect on }he Consol market, as Consols were done in the first part
of the marninLat 831, and at present may be quoted at 4141 for
the Account, with little doing.
PRICE OF STOCKS AT TWO O'CLOCK.
Bank Stock 505 'Sadie Stock
•
3 per Cent. Red. $5 Ditto Bonds 77
3 per Ct. Cons. Shut. South Sea Stock
3i per Cent. 901 Old*Annuitim 831
8/ per Cent. Red. 904 £lOOO Eacheq. Bills 41 51
4 per Q. New Sheet. £509 Dv.. 48 St
4 per Cent. Strip £lOO and 4400 Ditto 48 51
f per Cent. 11126, 1001 1014 Commercial •
Loos Ann. 19 181316 Canals for Acet 113, 841
• - FORRIGN FUNDS, TWO o'CI.PCK
'lonia Rh. 3.1. Ct. Meg MIL 18115,11 p C. "1'
Do luck 60 Do Acet 481
Greek nOSSS, p p Ct. Peru. Bonds.6p
Do.Bds. INK p Ct. 18 Prins. lids. 5p C. 894
Do Aoct Spanish Ms 5 p C 11
BRITISH ANC( SIOKEIGN SHARKS, TWO O'CLOCK.
aim PA tar
00 85 St . •
55 20 100

. .
\ \:Filostio bore to bring 'Bill into Paslimemo* in regulate the
...--1--r-
-foram, there wooldlar no en al- evils complained of. il?imaistif^,„ .
The proposed sena was a _et mar' PllPsion Colonel thoustore expressi satisfied with
itais
to ewe any service of two years.— tbis a:planation, an 4 orit. his Resolution.—The
Naar 0 bad served the Compony 25 or So Cols* then adjourned. ,
yilars, KIM ve a quartero( that sum. The WO ir •
...._er-
... -.
ground alleged was that be was not continued in his TH 6 EvENINCi ETA R.
snootiest lung enough to enable him to amass a cond . _