HISTORY 
the purchase of statements and 
payment of commercial charges, 
2,084,7671. From-a statement of 
the disposition of this surplus from 
the territorial revenue, it appear- 
ed that there remained a sum of 
246,322], applicable to any other 
purpose. This sum, he understood, 
had been applied to the purchase of 
rice, and to the profit and loss ac- 
count upon internal trade. He now 
proceeded to state the general result 
of the estimates for 1795-6. Ad- 
ding the increase of assets to the de- 
crease of debts, he found that the 
company’s affairs in India were bet- 
ter that year than in that preceding 
it, by 554,390/. Having stated the 
affairs of the company abroad, the 
only part of them for which he was 
responsible, he proceeded to give the 
state of their affairs at home, which 
wefe inore immediately under the 
charge of the directors. Upona 
general compariscn of debts and 
assets, Mr. Dundas concluded that 
the company’s affairs were in these 
respects better in 1796, than in 
_the preceding year, by 1,240,490/. 
Having thus concluded his statement 
-ofaccounts, Mr. Dundas stated some 
prharges incurred by late regulations, 
No. 19, Madras 
No, 20, Bombay 
iiticaccs, &c: (No, 15.) = 
Vou. XXXIX. 
OF EUROPE. 
or Jence the-nett surplus from the sdivicorial revenues, would be - 
© which it was proper to add the amount of the sales of imports, cer 
[145 
to which a part of, the, surplus. he 
had stated would naturally .be ap- 
plied. The regulations to which he 
alluded were those that had been 
made for remedying two, grievances 
complained of by the military officers 
in the service of the East+India com- 
pany.’ They, had. not.,the ‘same 
chahce with, his majesty’s officers of 
rising in the army, being incapable, 
according to the mode and custom _ 
of the India army, of rising any 
higher than the rank of a colone 
Nor could they return to their own 
country for the . benefit of, their 
health, without giving up their com- 
missions and losing their pay 5 a sys- 
tem of great severity and injustice, 
as it left to the gallant officer, 
whose generous exertions for the 
company’s’ interest had injured his 
health without benefitting, his for- 
tune, no alternative but to return 
home totally unprovided even by 
half-pay : or to stay in the service, 
and retain his pay, at the price of 
health and pay together, The just 
complaints of the India officers had 
been remedied, to the complete sa- 
tisfaction of the great bulk of the 
officers, at the annual expence of 
500,000/. Reviewing that part of 
: This Litit, he said, might be considered as a free disposable sum for the auretiase of 
investments, for any other purpose; but, previous to such an application, a deduction 
Was to be made of the different items, as follow: ~ 
Deduct interest on debts, to be paid’ from the surplus: 
No: 18, Bengal - 
339,429 
8,307 
- - =. 4,176,072 
Total ntergst 484,302 
1,522,590 
562,177 
- - 
_ + And the amount which would be applicable to the purchase of invest- 
"ments, payment of commiercia} charges, would then be - 
(LJ 
2,084,767 
the 
