BHO

Affairs of the East India Company: Appendix A (2) No. 8

Page 1283

Journal of the House of Lords: Volume 62, 1830. Originally published by His Majesty's Stationery Office, London, [n.d.].

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Citation:

[148]

No. 8.-An Account of the Losses sustained by The East India Company in the China Trade in each Year, from the Year 1822-23 to the Year 1828-29 inclusive, by Perils of the Sea, Capture, Damage or Waste of Goods, Short Deliveries, or other Causes.
YEARS. Perils of the Sea. Capture. Damage or Waste of Goods, and Short Deliveries. Other Causes: Losses by Fire, bad debts, &c. Total.
Previously to Shipment beyond the Sums charged the Hong Merchants. On Voyage beyond the Sums charged the Ship Owners. In Warehouse. Total.
£ £ £ £ £ £ £ £
1822-23 107,064 Nil. 926 768 2,262 3,956 346,752 includes Loss by Fire at Canton. 457,772
1823-24 470 Nil. 567 294 2,702 3,563 4,033
1824-25 3,360 Nil. 843 13 4,355 5,211 8,571
1825-26 42,668 Nil. 267 945 4,703 5,915 31 48,614
1826-27 919 Nil. 652 3,339 2,529 6,520 529 7,968
1827-28 Nil. 1,039 297 Surplus Weight, &c. 2,148 Surplus Weight, &c. 812 4 Surplus Weight, &c. 808
1828-29 261 Nil. Advance charged beyond the Cost of the Quantity deficient. 73 338 Surplus Weight, &c. 2,508 Surplus Weight, &c. 2,243 11 Surplus Weight, &c. 1,971
£ 154,742 Nil. 4,221 5,994 11,895 22,110 347,327 524,179

The Difference arising between the Import and Sale Weights of Tea and other Goods, by reason of the usual Allowances made to the Buyers at the Sales, has not been computed as a Loss in framing the above Statement.

An outstanding Balance of Tales 110.891 448, due to the Company, has remained unadjusted upon the China Books since 1822-23, upon which it is expected a further Dividend will be receivable; but no Portion of this Balance has been included in the above Statement.

East India House, 19th may 1830. (Errors excepted.) THO. G. LLOYD, Acct Genl.