A signal transaction is now taking place in the course of Indian polity. These speeches, with no rhetorical pretensions, contain some of the just, prudent, and necessary points and considerations, that have guided this transaction, and helped to secure for it the sanction of Parliament. The too limited public that follows Indian affairs with coherent attention, may find this small sheaf of speeches, revised as they have been, to be of passing use. Three cardinal State-papers have been appended. They mark the spirit of British rule in India, at three successive stages, for three generations past; and bear directly.