West India Company.
TO THE EDITOR OF THE TIMES. Sir,-One of the morning papers of this day has souse notable ob- servations on the subject of the proposed WVest India Company, which is described as a Hydra-headed monster, that is to eat up all its own sugar, as vell as the whole of the importations into this country and this by a process which bafile- aU calculation, by an unprecedented profit to itself, "and attheexpenseof 10 millionsand a alf annually to the people of England !" Can any thing be nore preposterous than the idea that a company,with four millions of ca- pital, to be invested in a WVest India agency business for the sale of colonial produce, should commence its operations by purrha4iug 100,000 tons of sugar at 30L a ton, and baring got possession of this quantity and established a monopoly, showid raise the price at its owvn pleasure the very next day," and thus gain 10 millions and a half for the benefit of the proprietors ?" But this, it appears, is amongst the lcast of the powers of the Company, who, not content with maintainlinc slavery in the lirest Indies, "will aspire to reduce the people of England to a state of de- pendence on itself!" As Tom Thnmb says, " I ask not kingdoms-I can conquer those: ' I ask not money-monev I've enough." And then wehave a mOst awful appeal to the people of England, who are caUed upon to "look to thenis,:l-they have not adav, not an hour to lose." They are to " beware lest the Comnany be the ready instruments of any Mllinister wht nmy entertain purposes opposed to the riFhts and liberties of the subject." Now what "the rightsand liberties of the subject' can have to do with a set of respectable mer- chants, who propose the investment of British capital in objects of commercial rrofit, I cannot divine- still less how we are to be alarmed "in contemplating the power which such a Company may exercise over the press, and even over Parliament itself." If it were not evident that the writer's alarm at the e.tablishmet of this Company proceeds entirely from tbe conviction that its ten- dency will be to give a standard of Yalue to colonial property, and to confirm the security of the West Indies, on whilcb so much of the wealth antl political power.ofthis country depend, I should bave been at a loss to Know for what possible object the article had been written. But as this is so apparent, I ani rather disposed to wonder that he has uot discovered even greater dangers to the safety of the State in the fopnation of this Company. I am inclined to say, with the Physician mn the farce_" Doctor, you mistake the case: the dis- tenper iS not in the diophormane, as you vainly imagine; it was the rlet tnetelluc thou gnhIvoerhy muncoh approve of all that you did, let use tel you youdid not d half cnoeh."I I 2m, Sir,.yours, &c. MIERLIN. tipri Wu, I t24. WVEST IVDI- CtoAfPAYy.