The Proprietors have resolved to apply to Parliament, by petition against a bill now depending, for rescinding the 2-1/2 _per cent._ additional dividend, voted by the general court on the 6th of May last, in strict conformity to the powers granted by charter. The respect due to the Legislature restrains me from expressing my sentiments with regard to this retrospective law relating to private property and public credit. If any thing is interesting in this happy constitution, these points certainly are. The questions concerning general warrants, and dispensing powers, were, in respect of these, of very inferior importance. It is the duty of every British subject to submit with reverence and veneration, to whatever obtains the sanction of the three branches of the Legislature; but when any particular bill appears, to common apprehension, to be of dangerous consequence, we are entitled to hope and presume that it never will pass into a law. State of the East India Company's affairs with respect to the cash which will come into their treasury, and what must be issued from thence at different periods. Cash. Dr. 1767. May 11. To ballance of the account of the debts _l._ _s._ _d._ and credits of the East India Company in England, made out by the Court of Directors, estimated to the 11th of May 1767, after deducting the amount of the bonds from the debt side, and what the government owes to the Company from the credit side, 66,408 Sep. To part of the produce of the cargo by the Asia, that will be exposed to sale, 30,000 1768. To part of the produce of eleven ships, Jan. viz. from Bengal and Madras, three from Bombay, and one from Mocha, the prompt payment, 665,386 13 4 ---------------- 761,794 13 4 To this sale might be added the prompt of the sale of 1000 peculs of silk, by the fourteen ships from China, 150,000 China ware, drugs, &c. 20,000 ------- 170,000 ------- To balance to February 5, 1768, brought forward, 544,485 13 4 July 31. To part of the produce of the eleven ships to be exposed at the March sale, the prompt, 332,693 6 8 To the private trade, 22,000