64 Commercial Affairs.[July

WEDNESDAY, 24.—A debate of ſome length took place on thé ſubje&t of the Report of the Committee on the Eaßt India Budget. Mr. Joves and | Mr. JouNsTONE repreſented the ſituation of the India Company to be ex=- M tremély critical and inſecure; that their debt amounted to nearly 20 millions; and that ſuch were their embarraſlinents, that they were obliged to borrow money in order to pay the Dividends on their Stock. Six F. BaRIN6, Mr, F D. ScoTT, and Mr. W. Duvnas, on the contrary, contended‘that the ſituation of the Company was- proſperous beyond example; that their re- ſources were unimpaired, and rapidly improving; that their debt did not HAN exceed 14 millions, incurred by the extraordinary expences of the war, which [MA had terminated ſo fortunately; and that inſtead of being obliged to borrow 0 Money to pay their Dividénds(for which purpoſe they never had leſs than one million and a half), they had anticipated their ordinary payments to ſhip- owners by large advances. The Reſolutions, as propoſed by Mr. Dundas ón a former night, were ſeverally agreed to. fi

THURSDAY, 25.—T'he Bills relative to the Iriſh Abſentees Duties, New Foreſt Commiſlioners, Iriſh bonding of Rum, Iriſh Trade‘with America, Triſh Corn Bounty, Iriſh expiring Laws, and General Encloſure Conſolidation, were read à third time, and paſled.

FRIDAY, 26.—The Houſe agreed to the‘amendment in the Inſolvent Debtor’s Bill, omitting the clauſe relating tothe uncertificated Bankrupts.— Lord Folkſtone withdrew for this purpoſe his motion reſpe&@ing Corn Faors.

TONDAY, 29.,—The Chancellor of the Exchequer entered into a perſpicu- ous diſcuſſion of the financial ſtatements prelented to the Houſe by Mr. Tierney and himſelf, and deducing from them arguments of our increaſing proſperity, and the probable early redu&ion of our debt by the operation of | theúnking fund. Mr. Tierney viewed the ſame documents in a very dif- M ferent light, and preſſed the reſolutions which he had ſubmitted; but which,\ M|) after a debate of conſiderable length, were negatived, and the reſolutions|a i\ offéted by the Chancellor of the Exchequer ſverally adoptéd.

TuEsDAY, 39.—Hayes’s Divorce Bill was read a third time, ad paſſed. The Chancellor of the Exchequer moved the cuſtomary reſolutions for the Payment of the Officers of the Houſe.—Adjourned to

THURSDAY, July 1—W hen, after ſome ordinary buſineſs, the Speaker, &c. attended in the Houſe of Peers, to hear the Roya] Aſſent given to fundry Bills; and on his return the Seſſion terminated,

Commercial Affairs.

; LEVEN ſhips have, this ſeaſon, returned from the whale fiſhery, in Davis's Straits, and the ſeas adjacent, after taking 128. fiſhes, ſup- poſed to afford 3819 buts of blubber, or 128a buts of oil, which wiil yield, upon the whole, a clear profit of 54,8001. The value of the ſpermaceti and whalebone is not included, in this eſtimate. No inſtance can be remembered of equal ſucceſs in this fiſhers.

An account ofthe quantities of fiſh exported from Newfoundland in the three yea1s ending the 5th of Jan. 1793, and the three yedrs ending the 5th of January, 1801: ts

Dry. Wet. Dry. Wet. Quintals. Barrels. Quintals. Barrels. 1790 684,421— 6,221| 1798 353,463— 6,026, 1791 720,147—_ 70,11| 1799.'313,756— 3,548: 1792 565,833—* 5,596| 1800 481,524— 96

I;970,401 18,828

1,148,643 9,670