12 JANUARY 1833, Page 14

Some correspondence has appeared in the Newspapers relative" to the

establishment of a more speedy communication between India and England, by means of a steam conveyance along the line of the Red Sea and. the Mediterranean. The East India Company, however, refuse to cooperate with his Majesty's Govern., ment and the mercantile body generally for this- purpose. This appears to be a matter of surprise to many persons. We are at a leis to know why it should be.; mid it really seems rather too much to expect the Company to go to the expense of providing steam vessels for the convenienCe Of their mercantile opponents. It may be said that, as sovereigns Of India, they are bound to do so out of their revenues. But the London merchants bear no part of Indian taxation, and have therefore not the same claim as upon the Government at home, whose expenses they in part defray.