The Statesman.
London, England, 1813-03-23 00:00:00

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most incumbent on the Directors, to bring down-the
expenees as touch as possible. As to the eppropria.
*ion, it would not differ much from that directed to
the last Act: after providing for the current ex-
reeces, and for the army, the sure :us should be
partly devoiM to commercial purposes. The sum to
be so iVatiosed of, he should not attempt to ix as it
must depend an circumstances;—the residue to be
applied to the liquidation of the debt iii India, until
it should be reduced to a certaiu sum ; for it was not
to be wished that it should be entirely liquidated,"and
India he devoid of all public securities. The
appropriation of the foods at home should be the
same as at present : after paying the commercial
et ',slices and the dividends, then to go the reduc-
tion of the debts in India. Ile would not mention
the. a ppi opriatioa of Ave hundred thoesand pounds
to the public; he thought that the reseriation of it in
tl•e former Act arose from a saistake, from not having
duly caculated the additional expences of the Com-
patty ; it would belnote wise, he thought, to wave it
on the part of the public, until the debt was brought
within that limit to which it was to be reduced; then
suipb.s to go to the Exchequer, until It amounted
to twelve millions, to stand as a security for the ca-
pital stock of the Company : then I.6th of the sur-
plus revenue to go to the Company, and 5-6ths to
the public. Ile strongly recommended to the Direc-
tors to make an additional effort, that their accounts
should more clearly show the result of each branch ;
as they were at present furnished, it took great la-
bour and exertion .to discover the result of each
branch; such labour and exertion as few would be;
milling to take; but it was most important to see 1
with a glance the result of the commercial, and the
result of their financial transactions. Ile begged
leave to make a few remarks on the most important
question, how India-built ships should be Considered?
India could not be considered as a colony,—it was
open to all countries, and was not subject to a mo-
nopoly, or in any way treated on the Colonial sys-
tem. This branch of the question he proposed to
leave to open for the regulation of Parliament; but,
in the first instance, he should propose, that India-
built
ships should be employed in the trade between
India and Europe, but under regulation. In time
of war, they ought not to he crippled, by compelling 1
them to be navigated according to law; three-fourths
of tile crew to be British subjects. In peace, it;
would be different : then the commerce with India
m gni be ramie a nursery for British sailors, which it
was not at present; but this subject should remain
epee, through the whole time that the Charter
at tiled suhaist, to Parliamentary regulation. 1k
steold propose, that any regulations made during
war should continue till eighteen months after
pta,e; end that whoever brought Lascars to this
coo try should be obliged to support them decently
while in tee country, and should convey them back
to 'heir owl,. As to the funds of the Company, he
should not interfere much with them; but lit thought
some regulation as to the granting gratuities was ite-
ceasary,— the Directors could not grant a pension of;
2001. per ann.; but they might grant a gratuity of
100,0001. to an individual. As long as they were
to have the Government of India, he would be un-
willing to lower their authority. It had at first
appeared to him, that it would he advisable to con-
solidete the native army with the King's army ; but
he afterwards (bought, that by separating the army
from the other power of the Company, it would in
fact deprive them of all power ; and under any cir-
cumstances, the native army mast be a local army,
and must take ra,:k by seniority ; the refine, by join-
ing it to the royal army, no great difference would
take place, and it would consequently be running a
most gra:: ;toes danger; so long as the Company
were Govettiors of India, so. long they ought to
have the suo,d and the Ilia : if the power of the
sword wear taken away, it would make them an
anomaly in Government. The Company had gone ;
with the (.overenient as to the policy of sending
King's troops to bba, but there was some uncer-
tainty as to w hat number they weretiable to pay for.
There ‘IA9 A moment when it had been expected,
that the :tattle of this country was to be fought in
LAI ; and were the French to direct their force to
that country, and if it were necessary to fight them
in 0 country, it could not be expected that the
Company sheet(' bear all the expence; but it was',
traieh more difficult to cattle au • account after
payment than before .the expence was incurred.
1r a r.ited be (malt better to settle beforehand for what
1e:4-portion the Company should be liable as the re- I
gular eartison of India, and that all the rest should
b.., paid for by GI eat Drifain. All things to be done
should be dove in their name; all the servants should
be the servants of the Company; the only alteration .
he should propose was, that those appointments
which Government might at preseut annul, should be I
subject to the direct approval of the Crown ender the ,
gigot-mat:nal. lie thought it most .unelse to Wets-
late on the question of religion : both on account
of policy, and for the advantage of religion itself; it
wonkl ba most impolitic to trench upon the powers'
now elated in that country on the subject; but;
there was no branch which he thought it would not
be &tette. not to notice. The system of religion in ,
India was without any control; and there was one i
sacred rite, Confirmation, which could not be there
administered; he should, therefore, propose to haw
a person at the seat of Government to exercise the
Episcopal functions, and an Archdeacon, that the ;
rites of the Church might be decently administered.
The Charter ought not to tie up or fetter the hands of
Parliament. As the world was at present situated,
It was wise to make the Empire at home the only
channel for the Indian trade ; but the day might
come *hen this circuitous mode of carrying on the
trade must be given up, in order to enable the Bri-
tish to meet the foreign merchant in the markets of
the world. He did not wish to monopolize the trade
of the world; titers was sufficient trade for all na- •
Cones if they would trade on the fair principles of
Commerce ; but he would never wish to regulate tom..
mare" so as to force British enter rise and British
capital into foreign channels. He had stated, as
;bratty as he could, the object of his Bill : he was;
convinced he had left a great deal unstated ; but he
hoped the House would not presume against the plan,
on account of any deficiency in the statement; but
that the Resolutions would be allowed to be read.'
and printed, and that the House would some en.
biassed to the.consideration of that great question,-...
• ow cimo before a British Perlis-

tow paint As& ortr.
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