BENCOOLEN AND OTHER SETTLEMENTS. No. 10. (a) Revenues of Fort Marlbro', on average of three years, 1797-8 to 1799-1800 £.6,985 Charges do. do. then was The deficit of revenue from the territories, &c. Deduct the amount sales of imports by No. 15 The remainder was the amount of the deficit, after allowing for At Cargoes invoiced from India to Europe in 1800-1, GENERAL VIEW. Result of the Estimates for 1801-2, collectively. Revenues.-Bengal 1,399,033 7,051,164 Madras 3,899,040 Net estimated revenue of the three presidencies The remainder deducted from interest on debts, by No. 16 895,209 85,840 809,369 and was the amount estimated to be applicable, These statements he accompanied by some observations explanatory of the causes of the increase of the actual amount of the expenditure beyond the estimates which had been prepared. That a considerable excess beyond the estimates had taken place, was a circumstance which could excite 31,042 no surprise, when all the circumstances of the case were considered. Extraordinary expenses had been necessarily incurred, which, at the time the estimates had been formed, there was no reason to anticipate. The expenses of the expedition to Egypt were in themselves very consider able, able, and necessarily produced an increase of debt. With respect to the revenues of Madras, his lordship explained to the house that the accounts were formed, not on the whole result of the revenue of that presidency, but on the receipts obtained from the sources of revenue of a long standing. In the accounts, the revenues which might accrue from the Mysore, and the other acquisitions of territory which had been made in India, were not comprehended, because he thought their amount could not be accurately ascertained. With respect to this presidency, it was necessary for him to say that the greatest part of the charges for the expedition to Egypt were attached to Fort St. George; and that whatever might be the excess of the expenditure beyond the revenue, it had originated from causes which that expedition sufficiently explained. His lordship next, in a most perspicuous manner, proceeded to state the amount of the investments made by the company, the debts bearing interest in India, the debts at home, and the means which existed for their discharge. These statements were blended with particular observations applicable to the different subjects. In the estimates formed of the future investments of the company, and the produce which might be ex pected from them, the same system of moderate calculation had been adopted which had been fol lowed on former occasions. Prices during peace might experience some depression, but no credit had been taken beyond what might be anticipated with a degree of confi dence approaching to certainty. On the future On the future prospects which the company might be permitted to indulge, his lordship expatiated with great force. The best mode of putting this subject in a clear point of view, was to state what were the incumbrances of the company, what the means they possessed of getting rid of those incumbrances, and what would be the result of those means employed in ridding them from debts, the pressure of which was so severely felt. To present a comprehensive view of the subject, it was necessary to consider what would be the respective operation of the continuance of peace, or the renewal of war. In stating the amount of the capital of the India debt, it was necessary for him to apprise the committee that the accounts were not prepared by the proper officer abroad; but were founded on the best calculation which could be formed by the company's confidential servants at home. Here the following statements were introduced. Amount of interest payable by the accounts of last year 1,082,042 1,342,85$ Increase of interest payable annually 260,811 ASSETS IN INDIA, Consisting of cash, goods, stores, &c. last year 11,569,553 12,113,922 544,369 Increase of assets Deduct increase of assets from increase of debts, the state of the company's affairs in India would appear worse by 2,489,761 HOME ACCOUNTS. No. 25. Aggregate amount of sales 1801-2, less than last The receipts on the sales of the company's goods estimated at 7,161,918 No. 23, actually amounted to 6,336,192 Being less than estimated 825,726 Charges and profits on privaté trade estimated at actually amounted to 100,000 193,563 93,563 Being more than estimated General result.—The balance estimated to be remaining in favour, on the 1st of March 1802, amounting to would, by the actual accounts, have been considerably against the company, from the disappointments in the receipt on the sale of goods, and from deferring the disposal 486,731 to disposal of the loyalty loan; but from some additional receipts on profit, on private trade, and from government, for stores, &c. with postponement of the payment of the debt to the bank, amounting 800,000, the balance on the 1st of March, 1802, although the supplies to India and China exceeded the estimate upwards of 200,0001., still remained in favour to the amount of Being less than estimated ESTIMATE, 1802-3. No. 23.-Receipt for sale of company's goods amount to £.168,759 317,972 6,500,600 1,434,556 Adding decrease of debts to increase of assets, the improvement of the home concern in this year was CHINA AND ST. HELENA. Balance at China last year in favour 1,969,330 1,226,079 No. 24. Balance at China by the present ac counts 1,019,551 Decrease 206,528 Balance at St. Helena on 30th Sept. 1799, in favour 58,366 No. 24. Balance at St. Helena, on 30th Sept. 1800, in |