I cannot believe, if the United States had been the possessors of India, but that where there are tens of Europeans now in that country there would have been, not hundreds, but thousands of the people of America. The right hon. Gentleman spoke of the exports to India, and wanted to show how large they were. Certainly they have increased very much, because they started from nothing at all. Before the opening of the trade, the Court of Proprietors, by resolution, declared that it was quite a delusion to suppose it possible to increase the trade with India. In 1850 the total exports to India from Great Britain and Ireland were 8,024,000_l_., of which cotton goods alone amounted to 5,220,000_l_., leaving 2,804,000_l_. for the total exports from Great Britain and Ireland upon all other branches of industry other than cotton. Now, let the House make a comparison with another country, one with which a moderately fair comparison might be made. Brazil has a population of 7,500,000 souls, half of whom are reckoned to be slaves, yet the consumption of British goods is greater in Brazil, in proportion to the population, than in India—the former country, with a population of 7,500,000, taking British goods to the amount of 2,500,000_l_. If India took but half the quantity of our exports that Brazil did in proportion to her population, she would take more than five times what she now takes. Yet Brazil is a country upon which we have imposed the payment of exorbitant duties, which we have almost debarred from trading with us by an absurd monopoly in sugar, while India is a country entirely under our own government, and which, we are told, is enjoying the greatest possible blessings under the present administration, compared with what it enjoyed under its former rulers. Our exports to India in 1814 were 826,000_l_.; in 1832 they were 3,600,000_l_.; in 1843 they were 6,500,000_l_.; and in 1850 they were 8,000,000_l_. India consumes our exports at the rate of 1_s_. 3 d. per head; whilst in South America, including the whole of the slave population, the consumption per head is 8 s. 8_d_. These are facts which the right hon. Baronet is bound to pay serious attention to. For myself, representing, as I do, one of our great seats of manufacturing industry, I feel myself doubly called upon to lose no opportunity of bringing such facts before the House, satisfied as I am that there is no Member of this House so obtuse as not to comprehend how materially the great manufacturing interests of this country are concerned in the question—what shall be the future Government of India?

Another subject requiring close attention on the part of Parliament is the employment of the natives of India in the service of the Government. The right hon. Member for Edinburgh (Mr. Macaulay), in proposing the Indian Bill of 1833, had dwelt on one of its clauses, which provided that neither colour, nor caste, nor religion, nor place of birth, should be a bar to the employment of persons by the Government; whereas, as matter of fact, from that time to this, no person in India has been so employed, who might not have been equally employed before that clause was enacted; and, from the statement of the right hon. Gentleman the President of the Board of Control, that it is proposed to keep up the covenanted service system, it is clear that this most objectionable and most offensive state of things is to continue. Mr. Cameron, a gentleman thoroughly versed in the subject, as fourth member of Council in India, President of the Indian Law Commission, and of the Council of Education for Bengal—what does he say on this point? He says—

'The statute of 1833 made the natives of India eligible to all offices under the Company. But during the twenty years that have since elapsed, not one of the natives has been appointed to any office except such as they were eligible to before the statute. It is not, however, of this omission that I should feel justified in complaining, if the Company had shown any disposition to make the natives fit, by the highest European education, for admission to their covenanted service. Their disposition, as far as it can be devised, is of the opposite kind.

'When four students (added Mr. Cameron) were sent to London from the Medical College of Calcutta, under the sanction of Lord Hardinge, in Council, to complete their professional education, the Court of Directors expressed their dissatisfaction; and when a plan for establishing a University at Calcutta, which had been prepared by the Council of Education, was recommended to their adoption by Lord Hardinge, in Council, they answered that the project was premature. As to the Law Commission, I am afraid that the Court of Directors have been accustomed to think of it only with the intention of procuring its abolition.'

Under the Act of 1833 the natives of India were declared to be eligible to any office under the Company. No native has, in the twenty years which have since elapsed, been appointed to any office in pursuance of that clause which he might not have held before the Bill passed, or had it never passed at all. There might not, perhaps, have been so much reason to complain of this circumstance, had the Government of India meanwhile shown a disposition to qualify the natives for the covenanted service; but the fact is that the Government has, on the contrary, manifested a disposition of a totally opposite character. The House must be very cautious not to adopt the glossed and burnished statement of the right hon. Gentleman as exhibiting the real state of things in India; for it is essential, in the highest degree, that in the present critical juncture of things the whole truth should be known. The right hon. Baronet, towards the close of his speech, has gone into the subject of education, and not so much into that of ecclesiastical establishments in India, but somewhat into that of religion. Now, with reference to education, so far as can be gathered from the Returns before the House— I have sought to obtain Returns of a more specific character, but to no purpose, having received the usual answer in these matters, that there was no time for preparing them—but from the Returns we have before us I find that while the Government has overthrown almost entirely that native education which had subsisted throughout the country so universally that a schoolmaster was as regular a feature in every village as the 'potail' or head man, it has done next to nothing to supply the deficiency which has been created, or to substitute a better system. Out of a population of 100,000,000 natives we instruct but 25,000 children; out of a gross revenue of 29,000,000_l_. sterling, extracted from that population, we spend but 66,000_l_. in their education. In India, let it be borne in mind, the people are not in the position with regard to providing for their own education which the people of this country enjoy, and the education which they have provided themselves with, the Government has taken from them, supplying no adequate system in its place. The people of India are in a state of poverty, and of decay, unexampled in the annals of the country under their native rulers. From their poverty the Government wrings a gross revenue of more than 29,000,000_l_. sterling, and out of that 29,000,000_l_., return to them 66,000_l_. per annum for the purposes of education!

What is our ecclesiastical establishment in India? Three bishops and a proportionate number of clergy, costing no less than 101,000_l_. a- year for the sole use of between 50,000 and 60,000 Europeans, nearly one-half of whom, moreover—taking the army—are Roman Catholics. I might add, that in India, the Government showed the same discrimination of which the noble Member for the City of London (Lord J. Russell) seemed to approve so much the other night, for, although they give to one Protestant bishop 4,000_l_. a-year, with 1,2OO_l_. a-year more for expenses and a ship at his disposal, and to two other Protestant bishops between 2,000_l_. and 3,000_l_. a-year, they give to the Roman Catholic bishop a paltry sum of about 250_l_. a-year. The East India Company are not, perhaps, herein so much to blame, seeing that they do but follow the example of what is going on in this country.

There is another question—perhaps the most important of all—the question of Indian finance, which, somehow or other, the right hon. Baronet has got over in so very lame a manner, in so particularly confused a style, that had I not known something of the matter previously, I should have learnt very little from the right hon. Baronet's statement. A former Director of the East India Company has, on this subject, issued a book—of course, in defence of the Company. Here are two or three facts extracted from this book:—From 1835 to 1851— sixteen years—the entire net taxation of India has produced 340,756,000_l_.; the expenditure on the Government in the same period having been 341,676,000_l_.—an amount somewhat in excess of the revenue. During these sixteen years there has been also expended on public works of all kinds 5,000,000_l_., and there has been paid, in dividends, to the proprietors of East India stock, 10,080,000_l_.; making a total expenditure of 356,756,000_l_. In the same period the Company has contracted loans to the extent of 16,000,000_l_.; every farthing of which has gone to improvements, the stated extent of which I believe to have been greatly magnified, and to pay the amiable ladies and gentlemen whose votes return to Leadenhall-street those immaculate Directors whom the Government seems so desirous of cherishing. All expenditure for improvements of every kind, and all dividends to stockholders, have been paid from loans contracted during the last sixteen years; so that the whole revenue has been expended, leaving nothing for improvements and nothing for the Company's dividends. This seems to me a formidable, an alarming state of things.

The right hon. Gentleman spoke of the Indian debt coming upon the people of this country, expressing the opinion that if the Government of India were transferred to the Crown—which assuredly it ought to be—the debt ought so to be transferred. The debt is not in the present Budget, indeed, but it will certainly come before the House. I have already referred to a memorable speech of the late Sir Robert Peel on this subject, in 1842, just after he had come into office, and when, finding the country left by the Whigs with an Exchequer peculiarly discouraging to a Chancellor of the Exchequer, he was about to propose that temporary income-tax which has since become permanent. He said, after referring to the affairs of Canada and China—

'For the purpose of bringing before the House a full and complete view of our financial position, as I promised to do, I feel it to be my duty to refer to a subject which has of late occupied little attention in the House, but which I think might, with advantage to the public, have attracted more of their regard—I refer to the state of Indian finance, a subject which formerly used to be thought not unworthy of the consideration of this House. I am quite aware that there may appear to be no direct and immediate connexion between the finances of India and those of this country; but that would be a superficial view of our relations with India which should omit the consideration of this subject. Depend upon it, if the credit of India should become disordered, if some great exertion should become necessary, then the credit of England must be brought forward to its support, and the collateral and indirect effect of disorders in Indian finances would be felt extensively in this country. Sir, I am sorry to say that Indian finance offers no consolation for the state of finance in this country. I hold in my hand an account of the finances of India, which I have every reason to believe is a correct one. It is made up one month later than our own accounts— to the 5th of May. It states the gross revenue of India, with the charges on it; the interest of the debt; the surplus revenue, and the charges paid on it in England; and there are two columns which contain the net surplus and the net deficit. In the year ending May, 1836, there was a surplus of 1,520,000_l_. from the Indian revenue. In the year ending the 5th of May, 1837, there was a surplus of 1,100,000_l_., which was reduced rapidly in the year ending May, 1838, to one of 620,000_l_. In the year ending the 5th of May, 1839, the surplus fell to 29,000_l_.; in the year ending the 5th of May, 1840, the balance of the account changed, and so far from there being any surplus, the deficit on the Indian revenue was 2,414,000_l_. I am afraid I cannot calculate the deficit for the year ending May, 1841, though it depends at present partly on estimate, at much less than 2,334,000_l_. The House, then, will bear in mind, that in fulfilment of the duty I have undertaken, I present to them the deficit in this country for the current year to the amount of 2,350,000_l_., with a certain prospect of a deficit for the next year to the amount of at least 2,470,000_l_., independently of the increase to be expected on account of China and Affghanistan, and that in India, that great portion of our Empire, I show a deficit on the two last years which will probably not be less than 4,700,000_l_.'— [3 Hansard, lxi. 428-9.]

Now, this deficit has in the period since 1842 been growing every year, with the exception of two years, when, from accidental and precarious circumstances, a surplus of between 300,000_l_. and 400,000_l_. was made out. The course of deficit has now, however, been resumed, and there is probably no one in this House or in the country but the right hon. President of the Board of Control, who does not perceive that the Burmese war will materially aggravate the amount of that deficit. Where is this to end? When the Board of Control was first established, the debt was 8,000,000_l_.; in 1825 it was 25,000,000_l_.; in 1829 it was 34,000,000_l_.; in 1836, 37,000,000_l_.; in 1843, 36,000,000_l_.; in 1849, 44,000,000_l_.; in 1853, 47,000,000_l_.; and now, including the bond debt at home and the debt in India, it is about 51,000,000_l_. The military expenditure of India has increased since the last Charter Act from 8,000,000_l_. a-year to more than 12,000,000_l_. a-year, and now forms no less than 56 per cent. of the whole expenditure. I believe that if the Indian Government would endeavour to improve the condition of the people by attending to economic principles, by establishing better means of communication, by promoting irrigation, and by affording facilities for education, the Indian population would at once be convinced that there was a feeling of sympathy entertained towards them on the part of their rulers and conquerors, and the idea—which I believe prevails very extensively— that we held India more with the object of extorting taxation than of benefiting the people, would speedily be removed.