Debts. Supplies to Remaining Interest on Surplus Net Surplus Net Bencoolen. Revenues. Revenue. Charge. Increase or Decrease of Debis. 596,202 10,826 7,503 13-,701 734.903 745,729 753,232 7,220,879 1,176,746 85,840 1,090,906 575,775 514,131 1,758,106 8,0 9,880 7,457,355 572.525 163,299 409,226 603,9.6 194,700 Vol. 6. INDIA. CHINA. Other PROFITS; tor Ten Years, ending the 1st March, 1804, that are of a Commercial Nature; and also distinguishing the India from the China Account. with other PAYMENTS in ENGLAND deducted therefrom; distinguishing each Year; and distinguishing, as far as may be, such Charges as are of a Political from those Sale Amount. TOTAL INDIA AND CHINA Cost & Charges. Sale Amount. Jon Private Trade. TOTAL PROFITS. Charges and Profit £5472,914 £62.458 £36.227 £116,557 6,515,900 148,417 36,227 98,384 6,063,910 138,957 36,227 25,717 2,137,925 2.577.890 4,095,437 4,675,358 T15,808 1799 $209,810 3-227 4,663,590 2,772,373 49,530 3.632,283 6,982,183 781,486 8,315,673 137,394 1800 2.918,176 3.504.694 3,060,045 36,227 110.442 1,617,553 3,794,982 6,008,292 7,359,676 202,969 1801 3,280,043 3.978.800 36,287 1.9,528 2,9.9.250 3,616,381 1,720,178 6,199,293 7.595,181 133,429 36,227 1802 2,179.991 9,076,043 55,861 2.802.722 1,621,405 3.539.404 5,002,713 6,526,347 193,563 36,227 1803 1,846,357 40,602 1,894,026 1804 1,943,920 / 2,412495 2.246.396 2,950,009 3,733,252 4,755,475 6,042,56 172,474 36,227 38,673 1,534,425 3,629,677 4,895,929 5,866,073 176,587 3212 12,892 1.197.835 31467,287 25,964.312 33,066,301 53,276,808 64,533,5-8 1.482,056 364,255 €78.456 13,779,577 OTHER PAYMENTS IN ENGLAND TO BE DEDUCTED FROM THE PROFITS Surplus Charges beyond 51. per cent. on the Sale Amount of Gods, classed with Charges on Merchandize, deducting Buildings and other articles, for which a va ue remains Political 131,400 4,969 80,.05 161,895 125 71,153 1,197,136 429,596 377,637 1800 713,158 19:00 82,797 60,016 420,417 119,255 1801 713.489 35,855 58,665 1,29.976 176460 104,394 77,540 460,202 119,472 1802 46,022 57, 43 1,290,660 704,404 226,800 105,416 77,980 330,745 147,077 49,216 60,492 1,311,385 1803 705,310 522,641 269,500 130,567 78,428 147,201 60,163 67,413 1,448,682 707,512 85,743 200,500 205,062 79,880 108,446 962467 90,598 1,486,665 288,830 7,033,566 1,9-9,100 731,353 1,225,034 379,109 620,972 12,797,79€ 2,077,844 1,096,003 1,096,863 East India House, 30th July, 1804. MEMORANDUM:-There are Claims upon the Company from the Office of His Majesty's Paymaster-General, for Charges relative to the King's Regiments serving in India, amounting on 24th December last to £1,365,247 14s. Of this sum, £100,000 has been paid, and the Company's Claims en Government, for the Expences of the Army sent from India to Egypt, not included in the Assets in Account No. 11. will cons.derably more 386 ASIATIC ANNUAL REGISTER, 1804. 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. APPENDIX, No. IV.An AccoUNT, shewing the Operation of a SINKING FUND, in the REDUCTION of the INDIAN DEBT, at Two Millions annually, viz. One Million from the Surplus Revenue, and One Million from the Saving on Interest, and from a Loan, &c. In the Years 1808-9 and 1809-10, the ten and eight per Cent. Decennial Leans, am ing together to about £ 4,014,600, will become payable either in India or Europe, option of the holders. It is probable, from the favourable rate of exchange at which holders are entitled to receive their payment in Europe, that the whole, or the greater på of these Loans will be transferred. in whatever proportion, by such transfer, the lad Debt may be reduced below Four Millions, the Sun at which it is proposed it should reman the corresponding sum must be raised by Loan in India, which will preserve the Debt Abroa the due amount, and will enable the Company, by retaining in Europe the funds wi must otherwise be remitted to India, either in bulion or by bills, so to regulate the state 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 Operation is... £120 The Means are-Surplus Revenue Annual Saving of Interest £.6,000,000 3,457,000-$19,500 ANN PROCEEDINGS AT THE INDIA HOUSE IN THE YEAR 1804. East-India House, Quarterly Court, March 21, 1804. THE 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 ADAIR 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 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. conse 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. BOSANQUET, observed that no question being at present before the court, any discussion at this moment 1 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, Gene rals Lake, St. John, and Wellesley. 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 to 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 culogium on Colonel Stephenson might have been deemed invidious. 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 Sir Theophilus moving an amendment, which rather conveyed an opinion in favour of the policy of the war. Mr. BURROUGIS seconded the amendment, which was successively opposed by the Chairman, Deputy Chairman, Messrs. Twining, Randal Jackson, Lord Kinnaird, Mr. R. Thornton, Jones, Adair, Colonel Toone, and Mr. John Inglis. Mr. D. SCOTT spoke very ably in favour of the amend ment, |