E of PROFIT and LOSS on the COMPANY'S SALES in ENGLAND and other PROFITS; for Ten Years, ending the 1st March, 1804, AND deducted therefrom; distinguishing each Year; and distinguishing, as far as may be, such Charges as are of a Political from those re; and also distinguishing the India from the China Account, The Means are-Surplus Revente Amount raised by Loan at liome, &c. ... Annual Saving of Interest 1798-9 APPENDIX, No. III.-An AccoUNT of the Total Amount of the Company's DEBTS and ASSETS, Abroad and at Home, including CHINA; the former from Apr. 1793, to Apr. 1803, and the latter from Mar. 1794 to Mar. 1804, both inclusive; distinguishing each Year. 1796 8,958,669 279,250 1797 12,476,813 21,714,732 1797 10,531,145 1798 13,241,370 23,742,515 (Errors excepted) CHAS. CARTWRIGHT, 1798 9,922,9 3 1799 26,445,057 1900 11,169,353 15,404.736 27,500,168 1801 11,354,360 29,174,671 1802 12,061,383 91,434 1803 17,440,593 29,593,410 (A) Accountant-General. WM. WRIGHT, Auditor of India Accounts. East-India House, 18,751,736 APPENDIX, No. IV.An AccoUNT, shewing the Operation of a SINKING FUND, in the REDUCTION of the INDIAN DEBT, at Two Milions annually, viz. One Million from the Surplus Revenue, and One Million from the Saving on Interest, and from a Loan, &c. Rate of interest with probable Amount to be rased, Sav with the Savings in Principal re- Annual Inte-Annual In the Years 18080 and 1909-10, the ten and eight per Cent. Decennial Loans, anyanting together to about £4,015,600, will become payable either in India or Europe, at the option of the holders. it is probable, from the favourable rate of exchange at which the holders are entitled to receive their payment in Europe, that the whole, or the greater part of these Loans will be transferred. In whatever proportion, by such transfer, the Indian Debt may be reduced below Fort Millions, the Sun at which it is proposed it should retain, the corresponding sum must be raised by Loan in India, which will preserve the Debt Abroad at the due amount, and will enable the Company, by retaining in Europe the funds which must otherwise be remitted to India, either in bullion or by bills, so to regulate the state of their Home Treasury, as to be prepared to meet the increased Demands upon it. The Amount of the Principal of the Debt to be liquidated by the above Operati. n is... £.12,000/ma PROCEEDINGS AT THE INDIA HOUSE IN THE YEAR 1804. East-India House, Quarterly Court, March 21, 1804. THIE last minutes having been read, and the usual accounts laid before the court it was, on the motion of the chairman, resolved, "That a ballot be taken on the 4th of April, for the return of JAMES STRANGE, Esq. to the company's service at Fort St. George." Mr. JONES APAIR said, that recent events imperiously demanded that he should call the attention of the proprietors to the establishment of the Island of Ceylon. By the 24th section of the 24th of his present Majesty, it was deemed illegal for the company's governments to pursue schemes of conquest, without the express consent and instructions of the Court of Directors, or the Secret Committee. In conse quence of the absence of a respectable friend, he should not pursue the subject at present, but at some future opportunity would bring forward a motion relative to the position of Ceylon, with respect to the commercial interests of the company. Mr. Rock thought if such a motion were to be agitated, it would be advisable, that all the correspondence with the Board of Controul should be previously laid before the proprietors. The CHAIRMAN, Mr. BOSAN. QUET, observed that no question being at present before the court, any discussion at this moment The Honourable WILLIAM ELPHINSTON and CHARLES GRANT, Esq. were chosen chairman and deputy chairman for the year ensuing. MAY 22. This day a general court was held, for the purpose of laying before the proprietors, papers relative to the conduct of the war in India. The chairman, in a short but impressive speech, opened the business, in the course of which he paid the highest compliments to Marquis Wellesley, Generals Lake, St. Johu, and Wel lesley. He dwelt particularly on the immense force with which we had to contend, and concluded by observing, that, should ever the enemy attempt an invasion, the glories we had obtained in India would be followed by a proud day for England. The papers detailing our successes in India having been read, The chairman produced the resolutions of the Court of Directors, which he read for the approbation of the proprietors. They comprehended four distinct votes of thanks to the Marquis Wellesley, to General Gerard LAKE, to the Honourable Frederic St. John, and the Hon Major General Wellesley, and το the non-commissioned officers and privates composing the British armies in India, for their respective services in that country. The several motions having been seconded by the deputy chairman, Mr. Rock rose to give his decided approbation to the conduct of the war, though he was not so well pleased with its origin. Mr. TWINING was also for the motions. Mr. PETER MOORE would have been better pleased with them, had they recognized the gallantry of the company's officers, and acknowledged the merit so justly due to Colonel Stephenson. The Chairman denied that the motions were deficient in practice to either the company's officers or soldiers. Any particular eulogium on Colonel Stephenson might have been deemed invidi Sir THEOPH.METCALFE said, that some allusions to the origin of the war made it necessary for him expressly to declare, that much as he admired the success of the war, nothing should induce him to vote for the present resolutions, if he thought that the origin of the war was not entirely free from aggression on the part of the Company. Mr. Rock called to order, on the ground, that the policy of the war was not within the contemplation of the court. The CHAIRMAN coincided in opinion with Mr. Rock. On Sir THEOPHILUS persisting in his right to advert to the causes of the war, a long debate ensued upon the point of order, which was at length terminated by Sit Theophilus moving an amendment, which rather conveyed an opinion in favour of the policy of the war. Mr. BURROUGHS seconded the amendment, which was successively opposed by the Chairman, Deputy Chairman, Messrs. Tai ing, Randal Jackson, Lord K.nnaird, Mr. R. Thornton, Jones, Adair, Colonel Toone, and Mr. John Inglis. Mr. D. Scort spoke very ebly in favour of the amend |