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to stop their mouths in the moment of in- It was then carried unanimously :quiry. The eleventh rule said, “ five per- " That Messrs. Dickens, Plowden, Colvin, and sons residing in Calcutta shall be nomi- Fergusson, and Baboo Dwarkanauth Tagore be

requested by this meeting to indorse over such of nated Directors of the Seventh Laudable

the Company's securities, belonging to the socie, Society, whose business it shall be to su- ties, as may stand in their names, to Messrs. Cocperintend and control the management

kerell, Bruce, Harding, Turton, Captain Ousley,

and Baboo Dwarknauth Tagore, and that the last of the funds, to examine the accounts, to named six gentlemen be requested to carry on the decide on all applications for admission,

business of the societies as the directors thereof.

That this meeting be adjourned to the 15th of and generally to transact the current busi

April next, at three o'clock, at these rooms, and ness of the society." Was the appoint: that the committee appointed to effect a union of

the two societies, at their respective terminations, ment of a secretary part of the cur

are requested to prepare their report by that day.” rent business of the society?' He then called attention to the resolution passe] A writer in the India Gazelte, a holder, last year, directing the assembly of half

of seven shares, puts the following quesyearly meetings, to audit the accounts; tions to the shareholders:and to fill up vacancies among office- “ How do you reconcile yourselves to bearers, and remarked that the same au- the conduct of the former directors of the thority that had passed this resolution had society, when Messrs. Alexander and Co. also appointed the directors. The appoint. were secretaries? Were not these secrement of Mr. Wright, whether they had or taries, in the bare face of day, allowed to had 'not the power to appoint him, was, appropriate to their own speculations upto say the least, carried into effect at a very wards of six lacks of rupees, and when short notice, and in a very burried man. the directors (but a little too late) called ner. There were only two persons pre- upon them to disgorge, 'and invest the sent who were shareholders in both socie

amount in Company's paper, what was ties, namely, Mr. Greenlaw and Dwar

the reply (and twelve months before the kanauth Thakore. Mr Turton denied

failure of ihe house !)? If you trouble us that Mr. Cullen had applied to the direc- for the cash, we must inevitably fail ; but tors for the appointment permanently, and we will give you such security as we have, repeated the substance of his letter of ap- and which the directors accepted! And plication, from which it was plainly to be

what was that security?Bonds, notes, inferred that he only sought from them &c. of bankrupt individuals (virtually so), the temporary appointment. Sufficient which now form part of the dead stock in tirne had been found to call a meeting to hand, of the 7th and 13th Laudable Soelect an assignee for the insolvent estate, cieties,” though sufficient time could not be found to assemble the shareholders to appoint DISCOVERY OF AN ANCIENT TOWN IN THE their secretary

The Insolvent Court, though it had the absolute power of ap- Letter from Capt. Cautley, Supt. Doab pointment in its own hands, deferred so canal :-“ I have this day despatched by far to public opinion as to direct the as- dák-banghy, for the museum, a number of semblage of a meeting of creditors, that coins of very great interest, from their their wishes might be attended to in the baving been found in the site of an anappointment; while the directors, on the cient (apparently Hindu) town, which, other hand, who had no such power, would site is now seventeen feet below the prenot call a meeting, though the wishes of a sent surface of the country, and upwards, large body of shareholders, whose interests of twenty-five below that of a modern and whose rights they were bound to pro- town near it. I will confine myself, in, tect, was sufficiently apparent. Mr. Tur. this mere notice

present, to stating, that ton maintained that the resolution carried in consequence of the clearing out of the last year, in which Messrs. Cruttenden canal-bed south of the Belka falls, near and Co. were requested to continue in the the town of Behut, north of Sehárunpoor, secretaryship, was virtually a new election. the exposure took place; and on the canal

At that time, the directors never thought being laid dry shortly after, the coins, &c. of disputing the right of the shareholders

were found amongst the shingle in the to elect their own secretary. In reply to bed of the canal. I may mention, that the assertion that no meeting was legal that this line is altogether distinct from that was not called by the concurrence of all which is said to be the ancient canal, and the directors, he would merely state that, therefore, even were there not distinct according to their own rule, this their own marks to the contrary, there can be no. meeting was as legal as the rest, for it had quibbling on the articles having been been called without the consent of Dwara transported, which is a favourite argument kanauth Thakore.

of the day. In the present case, the sec. Mr. Clarke's amendment was then put tion is thus; the surface of the country at to the vote, when an immense majority that point being much lower than that on appeared in its favour, only five hands which the town of Behut stands :being held up against it. The directors Grass jungle with cultivation on the sur-' immedia:ely retired.

face of the country. River sand, 4, feet. Asiat.Jour, N.S Vol.14. No.56.

(2 H)

DOAB,

CHAMBER OF COMMERCE

A seam of sand with traces of shingle. their date, or even their genuineness, both Reddish clay mixed with sand, 12 feet. which points are now satisfactorily deveSite of ancient town.

loped by the present discovery. They must Black soil full of pots, bones, &c. in all date posterior to the Indo-Scytbic dywhich the coin and other articles have been nasties in Bactria, and belong to a period discovered, 6 feet.

when (as in China at present) silver was in Bed of canal, 23 feet below surface. general current by weight, while the infe

“ The soil upon which the town appears rior metals (for all of the present coins are to have stood is very black, and full of not of copper) were circulated as tokens of bones and pieces of pots of different des- a fixed nominal value. cription; bricks of a large size, and of This discovery alone would be of great unusual shape, appearing as if they had value : but it is only one of innumerable been made to suit the circular form of points, for which we may eagerly expect wells; pieces of the slag of iron-smelting elucidation from this Herculaneum of the furnaces (such a thing as smelting iron at East. Behut was never heard of), arrow-heads, The appearance and state of the tooth rings, ornaments, and beads of different and bone sent down are also of high indescriptions; in short, an Oriental Hercu. terest; they are not entirely deprived of laneum, for there appears every chance of their animal matter, though it is in a great the discoveries being extended hereafter. measure replaced by carbonate of lime. The appearance of small pieces of kankar The tooth is of the same size, and belongs (amongst the shingle), of which I also to the same animal (the ox) as those of the send one or two specimens, is an extraor- Jumna fossils, presented by Capt. E. dinary feature, as kankar is not known in Smith at the last meeting ; but the minerathis part of the country.”

lization in the latter has been completed, Note by the Sec. As. Soc.- The probable whereas in these it remains imperfect, date of Lieut. Cautley's subterranean city, Journ. As. Soc. to whatever cause its inhumation may be attributed, can be pretty well placed within cognate limits, through the very fortu. On the 17th February, a meeting of nate discovery of many coins imbedded in

thirty gentlemen took place at the Town the same place with the bricks and bones. Hall, to consider the expediency of estaThe coins belong to three different species blishing a Chamber of Commerce at Calalready made known through Mr. Wilson's cutta ; Mr. R. H..Cockerell in the chair. paper on the Society's Cabinet.*

The following resolutions were adopted. 1. The Indo-Scythic coin, or that hav- 1st. “ That it may be of great benefit to ing the figure of a man in a coat of mail, all persons connected with the trade of offering something on a small altar (Nos, Bengal, that an association be immediate23 to 33, pl. ii. As. Res. xvii.), which has ly formed in Calcutta, composed of merbeen referred with much probability to the cantile men, to watch over the general commencement of the Christian era: of interests of commerce, and to adopt such this only one coin is recognizable out of measures for its protection as may be caltwenty-six.

culated to remove evils, and promote the 2. The chief part of the coins belongs general good. to the series No. 69, pl. iii. of the same - That a committee be appointed, convolume, of which nothing at all is known; sisting of nine members, fire being a only two have hitherto been seen, one of quorum, who shall collect information and which was dug up in cutting the trench of put it into form, for the consideration of the new road from Allahabad to Benares; a general meeting, to be called as soon as this, however, was square, as was a dupli- such information is collected. cate in Col. Mackenzie's collection ; but all 6. That the following gentlemen be on those now brought to light are circular : the committee :-Messrs. Harding, of the they are identified with it by the elephant firm of Boyd and Co.; Muller, of Mulon one side, and by one or more singular ler, Ritchie, and Co.; Morison, of Jamonograms. Some of them differ consi. miesons and Co.; Martin, of Cockerell derably in other respects, having a brah- and Co.; Jackson, of. Gillanders, Arbuthminy bull on the reverse, and an inscrip- not, and Co.; Joseph, of Montefiore, Jotion in unknown characters round the edge. seph, and Co.; W. C. Hurry; Willis, of

3. The third species of coin is of silver. Willis and Earle ; Fraser, of Bruce, A square lump, with no regular impres. Shand, and Co. sion, but simply stamped with various 4th. “ That Mr. Goddard be requested chháps, as might have been the custom

to act as secretary pro-tempore.” anterior to the general introduction of It seemed to be the prevalent opinion, coined money.

Of this ancient coin, the that the association should not be open to Mackenzie collection furnishes abundant all traders of every description. It was examples (pl. v. fig. 101 to 108), but his observed, that those who were engaged in researches altogether failed in ascertaining the various branches of retail traffic had * See As. Res., vol. xvii.

already their own trade association, and

BANK OF BENGAL AND UNION BANK,

therein a very powerful body to represent distressing the mercantile community to their particular interests ; and furiher, the extent of the withdrawal of private that retail dealers were excluded in the circulation, but by forcing out silver from constitution of the Liverpool and Man- the Bank of Bengal to sustain private crechester Chambers of Commerce. Mer- dit, they, to a great degree, took away from chants, planters, agents, and brokers, are that establishment the means of supplying the classes which the originators of the

the deficient currency.

Convinced that scheme bave contemplated to bring toge- both the public and the Bank of Bengal ther, these having a common interest in must equally suffer whilst there is a liabi. the external commerce of the country. It lity to those uncertain fluctuations, the was proposed that members should be bal. directors turned their attention to the means loted for, and each member pay Rs. 200 of providing, as far as possible, against as an entrance fee, and a monthly contri- their future occurrence, and consider the bution of Rs. 8, if resident in Calcutta, only sure mode of prevention to lie in the to form a fund wherewith to pay the secre. restriction of the paper currency to the tary and incidental expenses.

These and notes of such one bank as shall offer the other details are left to the committee, It greatest possible degree of security to the is proposed that a certain number of mem- public. They are strongly impressed bers, chosen periodically, shall act as a with the opinion that no bank of circulacommittee of arbitration,

tion can afford this security, or can sustain the shocks to which mercantile credit in India, so little supported by perma

nent capital, is liable, unless it have the In consequence of the notification from countenance and support of government, the secretary to the Bank of Bengal, in- unequivocally shewn by the reception of serted in p. 181, a communication, signed its notes in payment of the public revenue. by fifty-five members of the mercantile This privilege attaches alone to the notes community, addressed to the secretary, stat- of the Bank of Bengal, and the directors, ing the inconveniences likely to arise to the impressed with the expediency of subtrading community from measures result- stantiating their currency, and aware of ing from jealousies and rivalries of public their ample means of meeting the entire banks, and the necessity of a clear and dis- wants of the public, have seized what tinct understanding on the subject of that appears to them the most favourable opnotification, and whether it was intended portunity of correcting the practice of reto carry it into effect,

ceiving the notes of other establishments, The secretary, in a reply, dated 15th forced on them by the emergencies which February, states as follows:

have ended in the crisis now happily past. “ The directors of the Bank of Bengal Their anxiety is, with reviving credit, to instruct me to acquaint you, that, after de place bank-note circulation in a channel liberate reconsideration of the subject, they not by its fluctuations again to shake that feel themselves bound to adhere to the credit, and it was with this view, in deresolution already promulgated by them, ciding to deal only in their own notes, that viz. for the future, after a given period, to

the directors made liberal overtures to the confine the note receipts of the Bank of Union Bank, which they regret to observe Bengal to the paper of its own issue. In have been entirely , unnoticed in the accoming to this determination, the direc. count of proceedings lately laid before the tors have been influenced, as well by a public by that institution. consideration of the interests immediately " In consideration of a withdrawal of committed to their charge, as by a regard Union Bank notes from circulation, the for the convenience of the public, which, directors of the Bank of Bengal offered to they are convinced, will be most perma

that establishment an amount of accommonently promoted by restricting, as far as dation to more than double the extent of possible, the bank-note circulation of Cal. its notes ordinarily outstanding, and on cutta to the paper of one bank of issue terms the easiest on which the Bank had only. The directors have been guided in ever dealt.

This offer the Union Bank their judgment by what they must consi. did not accept, and, doubtless inadvertentder the very best criterion, the experience ly, did not publish ; an omission which of the last ten years; during which they the directors of the Bank of Bengal have have found many of the bank's severest requested may be, and which of course pressures to have arisen, not from errors will be, rectified. The directors, howwhich their own management could have ever, cannot omit to notice, in respect to guarded against, but from panics affecting the occasion of want of accommodation the uncertain circulation of the existing imputed to the Bank of Bengal, in the private banks, which were invariably' de- published proceedings, that their printed pendent on the Bank of Bengal for the rule affixed to every bank-book was only means of withstanding the shocks to which to short-credit Union Bank notes, and that, they were from time to time exposed. in the individual instance brought to noThese shocks had not only the effect of tice, the drawer of the cheque had given

546

303

special notice to the drawee, who persisted

Pirths. Deaths. Marriages. Males 2,002 2,168

601 in disregarding his warning, that he had

Females ....
1,731 .... 2,080

527 not full credit at the Bank of Bengal, and

3,733 4,248 .... 1,128 that therefore his cheque would not be cashed at the Bank if presented for pay

Males. Females. Total. ment before the next day."

1 Year and under 604 505....1,109 2 Years to 1 Year ... 270 .... 276 10 Years and under .... 360

603

Adults.... On the 17th February, a public meet

934 996 .... 1,930 ing of shareholders and others, friends to Deaths .........

2,268 ..

2,080 4,248 the Union Bank, was held, to consider of

Delhi Gaz, Feb. 8. the steps proper to be taken, and the expediency of addressing government on the subject of the proceedings of the Bank of

FIERY ORDEAL. Bengal, when the following resolutions

Two men of Bhurtpore had lately a diswere agreed to :

putè regarding a rupee. The case was, by That the proprietors of the Union Bank are satisfied with, and entirely approve of, the con

mutual consent, referred to the hakeem, duct of their directors, in having resisted the con- who proposed the mode of appealing to tinued pretensions of the Bank of Bengal to exact the fiery ordeal ; the process to consist in a security for their daily business, which had only been acceded to during the general panic which holding a heated cannon-ball in the hand. prevailed, owing to the lamentable failures last The plaintiff acquiesced, and a day was year.

appointed for the triah. When the time That the conduct of the directors of the Bank of Bengal, in affixing a public stigma to the credit arrived, a numerous crowd assembled to of the Union Bank, is unmercantile and oppres- witness so unerring a test of truth, and the sive, and not justified by the circumstances of the Union Bank.

ball was produced. Whether visited by That an institution, the individual members of compunctious doubts as to the justness of which are liable to the whole extent of their pri

his cause, or intimidated by a dread of vate property, and the affairs of which are conducted under a system of entire publicity, is one heated iron, the plaintiff declined the which deserves the support of the mercantile com

proof; but, on being upbraided with munity, That the Union Bank has been of great service

cowardice, he seized the ball, and, not to the commerce of Calcutta in times of extreme

strange to say, was burnt. This incon. difficulty, and is entitled to the confidence of the

testably proved that his claim was un, public.

That, although we see no necessity for an appeal founded; the rupee was awarded to the to government, feeling assured that public confi- defendant, and the people departed exdence will maintain the prosperity of the Union Bank without further aid from any quarter what

tolling the efficacy of heated cannon-balls, ever, we yet think it due to his Exc. the Governor- and the sagacity of the lakeem.-Sumageneral, with reference to an intimation received

char Durqrun. from his private secretary,* to determine that the proceedings of this meeting, be placed by the directors of the Union Bank before his Lordship

SHAH SHUJAH. in Council

That the proprietors would highly disapprove By accounts recently received from of any bargain with the Bank of Bengal which

Shikarpoor, it appears that the negotiawould limit the right of the Union Bank to circulate notes, or that would in any manner make it tions between Shah Shujah and the Ameers dependent upon any other institution.

of Sindh have terminated in hostilities. That with the view of declaring to the public of India the wealth and pecuniary responsibility of

On the death of Meer Morad Ali, the the Union Bank, as a united co-partnership,

and Hydrabad ruler, Shah Shujah demanded for the engagements of which the fortune of every

a sum of money from the ameers, to enindividual

shareholder is liable, the directors shail forthwith publish a list of the shareholders of the able him to prosecute his journey to CanUnion Bank, and leave the Indian public to judge dahar, The amount of his demand is vafor themselves, whether the private wealth of these individuals is not a sufficient guarantee for its sta- riously stated; some say it was twenty bility and the performance of its engagements, lakhs of rupees, others the arrears of tri'throwing out of view entirely that all the sub

bute which the rulers of Sinde had been sciptions of the several shareholders have, in pursuance of the terms of the articles of co-partner in the habit of paying to the king of ship, been paid up, and now form the capital Cabul before his authority had been sonal responsibility of every individual share usurped by the Bawoolzie family; the holder for any surplus demand over the capital former statement is likely to be the most stock.

correct. After some consultation, the

Sindians finally gave the Shah a refusal, POPULATION OF DELHI.

and withdrew their agents from his camp. Population of Delhi ; Births, Deaths, and

Finding himself in sufficient force, he Marriages, for the Year 1833.

occupied the city and territory of Shikar. Males. Females. Total.

poor with his own troops, augmented his Adults...... 39,592 ...... 41,526 ...... 81,118 Children.... 20,553 ...... 18,189 38,742

levies, and prepared for the approaching

crisis. On hearing of the occupation of 60,145 ...... 59,715

......119,860

Shikarpoor, the ameers crossed a large * The intimation was to the effect that his Ex

body of their troops from the left to the cellency knew nothing of the resolution of the right bank of the Indus near Robree, with directors of the Bank of Bengal, and had not had

the intention of engaging Shah Shujah, time, previous to his departure for Madras, to confer with them.

who no sooner heard of their advance than

he ordered out 4,000 or 5,000 men, under A letter from Lahore, dated Jan. 31st, the command of Sumoonder Khan, to states : “ On the 18th inst. I informed you attack them. Both parties met at Cose- that an action had been fought between jee, about seven koss from the city of the Sindhians and the ex-king of Cabul. Shikarpoor, and a general action took We have just received an account of place between them, which lasted for two another engagement that took place beor three hours, when the Sindians were tween the shab and the Sindians on the completely defeated, leaving 1,200 men 9th inst., near a place called Kosirju, eiglit dead on the field, including seven of their koss from Shikarpoor, in the direction of principal leaders: three pieces of artillery Sekher, the place of rendezvous of the fell into the hands of the shah's party, and enemy. In this action, as well as in the many are stated to have been drowned in former, the Sindhians appear to have been re-crossing the river. The victory which totally defeated. The loss on the part of Shah Shujah has gained over them is con- the ameers of Sind was considerable, sidered highly auspicious to his future suc. namely, ten principal leaders and men of cess. Those who have hitherto been rank and consideration, together with watching the course of events, before they 1,200 or 1,300 men, besides many drownwould declare themselves in his favour, ed in attempting to cross the Indus, and will now flock to his standard; and it is three pieces of artillery; while the victory not improbable that, should the ameers does not appear to have cost the shah more show a disposition not to conciliate him, than 117 men. The Hyderabad ameers the shah may possess himself of the whole are now assembled at Kheirpoor, while the of their territory on the right bank of the principal part of their army is stationed at Indus, if not attack Hydrabad itself. Larkhana. I am led to think that the SindWhen the circumstance under which Shah bians will try another action, and, should Shujah set out from Lodianah be taken they be again defeated, it is generally supinto consideration, one cannot but be sur- posed that they will immediately comply prised at the imposing position which he with the shah's demand for money. My now occupies. His treasury when he left opinion is, that the Sindhians will ultiis supposed not to have amounted to more mately yield to his authority, and probably than 150,000, which he afterwards in- find it difficult to preserve their country. creased by 100,000 rupees from Runjeet In the case of the shah sustaining a defeat, Singh. Since that time, now nearly a it is apprehended that he will be obliged year ago, he has maintained himself in to abandon his expedition on Candahar.". his present position with a force which has The Bombay Gazette contains a letter been sufficient to set the authority of the from a correspondent, dated “Bhooj, Jan, ameers at defiance.

29," which states : “ That enterprizing If we look to the limited resources which warrior, the dethroned King of Cabul, is he has had at his disposal, such a result now advancing with rapid strides towards proved that his ability is equal to the enter- Hyderabad, the capital of Sinde. You prize and prudence of his character. He are no doubt aware that, shortly after the lays equal claim to our admiration, if we death of the late Moorad Allee, the prinlook also to the political sagacity which he cipal ruler of Sind, the ex-king made has displayed in the exigency of his affairs. himself master of the large city and disDevoid of funds indispensably necessary to trict of Shikarpoor, in which place he his advance on Candahar, he saw that it found a rich treasure, and property to a would be fatal to his chances of ultimate considerable amount. One of the first acts success to attempt the conquest of the of his new administration was to send out place, without the possession of a sum of a party of tax-gatherers and other persons, money adequate to his expenses, until his to collect the tribute and revenue due by the government should be partly organized. Shirkarpoor state to the government treaHis best policy consisted therefore in tem- sury. The public officers of the Hyderabad porizing with the Sindhians until he could government, serving in the Shikarpoor establish himself at Shirkapoor in sufficient district, put, for the time, an immediate force not to fear the issue of a contest with stop to these collections, by sending out them, should he fail in securing his object an armed body of men, who fell on the by negotiation.

tax-gatherers, and put them to the sword. The shah's force is now said to amount Some days subsequent to this occurrence, a to ten pieces of artillery, two battalions body of the Scindian troops attacked a of infantry, and 15,000 irregular horse detachment of the ex-king's army on a and foot. Adventurers are proceeding in conical hill at several miles (100 coss) numbers to join him from different parts from the city of Shikarpoor. On this occa. of Hindostan, the Punjab, and Afgha- sion, the ex-king's general decoyed the nistan, for the sake of employment in a Scindians into a snare, in which they sufcase in which the loyalty and the pre- fered severely. He placed only a few of datory passions of Asiatics are both en- his men on a conspicuous part of the hill, gaged. - Mofussil Akhbar.

and concealed the main body in an am

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