The Massachusetts spy, or, Thomas's Boston journal. [volume] (Boston [Mass.]) 1772-1775, 1773-07-22

90. have funk leveral ccriAirs and We luit no"
received advice, that one Of lhcic frigates beir
met by three Ruff n frigate' a. the time ne had
fix French merchantmen under envoy,
would no, iaffsr hem 20 DC v'li,ed which oc
c,ioned canonade between ih1le i'i5ies' the
confccuences whereof had been to the adyant
age ii the French, who afterwards Pur'ued
thei, route.
TuoRN [PoLausl Ap,H q. The dietine Of
Lenczye has been the mott ao'my of'all the oil
erines. Dhpues ran p high, that nea thirty
perfons have been killed OF dangerOuily "ouhded'
Lonpon, MAY 7. Letters from Madrid,
which were received yelterday, declare, thai
his Catholic Majeay was determined to
perlevere 10 f!iins gu, the prelrnt Spanlih
armament, and that he had given very
hottie anlwer to the lat courier from Great
Britain.
On Tuefday laft there was . General
Court of the PROJECTORS of the Eait India
flock, at their houle in Leadenhal. ffreet.
The chairman opened the Court, by obier
wing, 4" he thought i: biz duty to acquaint the
proprietors Of the reception oftheT petition:
He accordingly told them, that he had, sc-
cording to their orders, delivered it into the
FIoufe of Commons on Monday, when
it was read, and, agreeable to the mode of
the Houle, ordered to lie on The table that
after the reading of the petition, the chan
ceor of the exchequer leemed TO exprefs
fome doubts about the meaning of it, and
that he afterwards propofed plan of regu
Iations for the government of the affairs of
the company, both abroad and at home,
which he intended to bring in as bill, the
particulars of which gentleman he had in
his eye, (meaning Mr.. Denpfer) would
more fully explain, as he RaId behind him
in the houie."
Mr.. Dempaer accordingly ro(c, and in a
very clear and accurate manner, ffated the
whole of that days proceedings. He faid,
&c That as far as the chairman had gone, he
was preciiely right ;.tha; when the chancel-
Tor of the exchequer ieemed to exprefs lome
doubs about the meaning Of the petition,
that he efficiently explained them to bis
Lordlhip, who replied to fome parts of it
by faying.' that the phrafe, for a term not ex.
ceeding Fix years, was merely parliamentary,
and only ufed to put the matter out of
litigation for that time, for tina, government
did not mean at the end of that period to de.
Drive the company of their territorial poiIef
fions ! that in regard to the lncreaIe of their
DIVIDEND, and the other matters of their pc
tition, though his Lordfhip did not expfeE
himlelf clearly on them, yet there were fome
hopes of theft being received fAvourab'y."
Mr.. Dempffer then went into recital of the
particulars of the plan of regulations propo
fed by his Lordfhip for the conduct of the
comnany's affairs abroad and at home, al
noR every one of which forclbly initiated
apainff the very letter of the company's
charter. They were principally as follows
Home regulations. That ev:ry proprietor
muff be poiIeled of Eaf India flock to the
amount of Ioool. which mutt be in his pof
FELTON, for the fpace of twelve calendar
months. to entite him TO vote for directors
That the directors fhouId be chofen in tn.
manner following Six for four years Tx
for three years FIX f-r two years; and Tx
annually each director being in Office for
four wears, to be disqualified from re.aGu
,ning that Office for the year following.
Regulation, abroad. That the Mayors
Court lhould, as originally, be confined to
fmall mercantile affairs.
That in lieu of this Courts new one was to
be efiabliihed, confHing of chief, add three
puifne judges, not of the appointment of the
crown nor yet of the proprietors, nor yet of
the directors, but, be believed, of the parlia
ment.
That (dperior;ty be given to the pref
dency of Bengal over the Other pteiidencies
;n India and that fupetvifors be appointed