The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1858-02-25
THE WEEKLY PIONEER AND DEMOCRAT


The Special General Court Of Proprie-
tors, adjourned from Wednesday the 18th
ult., was held, pursuant TO adjournment, a,
the India House, for the purpose Of continu-
ing the discussion on the following reso-
luton, moved at the previous meet.
ing d" That the proposed transfer Of the
governing power Of the East India Company
TO the Crown is opposed to the rights and
privileges of the East India Company, is
fraught with danger TO the constitutional
interests Of England, il perilous to the safety
Of our Indian empire, and calls for the re-
sistance Of the corporation by all constita.
tional means Mr.. MASGLgs, NJ. p, pre-
sided.
The first business proceeded with was the
reading OF the correspondence between the
Court Of Directors and the Prime Minister
The Directors expressed surprise that the
resolution to deprive the Company of its
powers should have been taken before the
mutiny was quelled, and before inquiry had
been made, and they announced their in,en.
tons TO the government Of India to appoin,
q Commission Of Inquiry and they invited
the Minister to extend the Investigation to
the home government. The reply Of Lord
PALxgHsroS TO this merely stated that the
observations Of the Directors would receive
due attention, and he deferred explanations
until the bill should be brought before Par
lament.
The feeling Of the meeting at this curt re-
ply, 30 redolent Of Lord PALMEnroS, he
knowing the doom Of the Company, excited
unmixed dissatisfaction. A petition of the
Fast India Company was also read against
the Cabinet proposal to annihilate the dou-
bic government. This petition is to be pre-
sented 10 both Houses of Parliament.
II isa long and remarkable document
founded upon the assumption somewhat
violent our readers will ejaculate,) that
India has been well governed by the Com
pany. AT the same time 1t claims for itself
greater measure Of independent action
than that which it has already possessed"
The petition goes on to speak OF shat hap
py independence of Parliamentary and party
influence which has hitherto distinguished
the demonstration OF India" After these
documents had becn read, the discussion on
Mr.. CRAwsHAr's resolution was resumed by
Mr.. JosEs, who at great length supported
the motion in favor of the maintenance of
the Company. Sir LAWRENCE PKEL and
Capt. EAsrwicK, directors. also supported
the resolution. The meeting was adjourned
to II further day.
We beg our readers, who have not known
the East India Company as ourselves. long
and personally, to pay attention to the sen
fences quoted in the above paragraph, and
then say whether we have made mistake in
designing the present action OF the slave
holders as cool, very. We hardly imagined
that the Fast India Company would have
vcn,ured on so dangerous an experiment as
to call forth an enquiry into their tenure
aud government of India at the present
moment nothing but sense Of their pow
Ct, which is enormous, could have made
them SO bold. We trust. however, 10 see
the back OF this monopoly broken.
The Company require loan Of one hund.
red and fifty millions Of dollars This con
tumacy will aid them but little in their de-
mands.