New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-09-21

The pre- sent state Of affairs in Asia suggests the
inquiry What il the real value other Indian do
minon to the British nation and people Directly,
that is in the shape of tribute, of surplus of In
dian receipts over Indian expenditures, nothing
whatever reaches the British Treasury. On the
contrary, the annual Outgo is very large Frem
the moment that the East India Company entered
extensively on tho career of conquest-now just
about century ago-their finances foil into an en-
barrassed condition, and they were repeatedly com.
PEELED to apply to Parliament not only for military
aid to assist them in holding the conquered terri
tories, but for financial aid to them from bank
ruptcy And so things have continued down to
the present moment, at which so large call is
made for troops on the British nation, to be fol-
lowed, no doubt by corresponding calls for money.
In prosecuting its coDquests hitherto, and building
up its establishments, the East India Company has
contracted debt of upward of CSC, DOC, 900 ster-
ling, while the British Government has been at the
expense for years past, Of transporting to and
from and keeping up in India, in addition to tho
forces native and European Of the East India Com
papy, standing army Of thirty thousand men, Such
being the case, it s evident that the advantage to
Great Britain from her Indian empire must DO
limited TO the profits and benefits which accrue to
individual British subjects. These profits and ben
efts it muit be confessed, are very considerable.
First, We have the stockholders in the East India
Company, to the number Of about 600 persons, to
whom under the recent charter there is guaranteed,
upon pad-up capital of six millions of pounds
sterling, an annual dividend Of ten and half
per cent, amounting to f630,000 annually. Az
the East India stock il held in transferable
shares, anybody may become stockholder who
has money enough to buy the stock, which, under
the existing charter, commands premium Of from
1875 to $50 PER cent. Stock to tbeamount Of $500,
costing say Sc OOO entities the holder to speak at tho
Proprietors meetings, but to vote he must have
fl,OoO of stock. Holders of $4,000 have two
votes, of $4,000 three votes, and Of 10000 or
upward four votes. The Proprietors, however,
have but little voice, except in the election of the
Board Of Directors, Of whom they choose twelve,
while the Crown appoints six; but these appoint
ees OF the Crown must be qualified by having re-
sidsd for ten years or in India. One third Of
the Directors 20 out Of Office each year, but may
be reelected or reappointed. To be q Director,
one must be proprietor Of GO 900 of stock. The
Directors have q salary Of $500 each, and their
Chairman and Deputy Chairman twice a. much;
but the chief inducemeDt TO accept the Office 10 the
great patronage attached to it in the appoint men.
of all Indian officers, ci I'll and militay-a patron
age, however, largely shared and, as to the most n
portant Offices epgrossed substantially by the Board
Of Control. This Board consists Of s1 members, all
Pryy Councillors, and in general two or three Of
them Cabipe. Ministers-the President Of the Board
bsiDg always SO, in fact Secretary Of State for
India
Next come the recipients Of this patronage, d.
yided into five casses-civil, clerical, medical, mill.
t.ry and naval For service in India, at least in
the civil line some knowledge Of the languages
spoken there is necessary and to prepare young men
to enter their civil service the East India Company
has college at Hailesbury. A corresponding COL
lese for the military service, in which, however
the rudments Of military science are the principal
branches taught, has been established at Adds
combe. near London. Admission to these colleges
| was formerly matter Of favor on the part Of the
Directors of the Company but under the latest
notifications of the charter it has been opened to
competition in the way Of public examination Of
| csrd dates. On first reaching India civilian
! is allowed about $50 month, till, having passed