The Express.
London, England, 1862-07-16 00:00:00

INDIAN FINANCE.

NAVAL AN)) MILITARY.

ADMIRALTY. JULY 15. —A FPO/
mender B. Bradshaw, to the Bevan.
_ _

Master's-Aasiatent W. C. Spain, to the Shannon, as super-
numerary.
Aaastant-Surgeon Dr. D. MeN. Johnston, to the St.
Visitant.

fayEaasters C. D. Lindasy, to the Hawke, in lieu of clerk
and W. W. Parminter, to the Liffey.
Clerk C. B. Wilicocks, to the Liffey.
Assistant.Paymastar W. F. Alias, to the Liffey.

Assistant-CIWk C. Niooll, to the Liffey.
Engineers G. Batchelor, to the Vivid; J. Lawson, qualified
for charge of the Cumberland, for service is the Peoooo ;
and W. Rumble confirmed es Hist claw assistentnoginser.
J Naval Cadets J. IL Laws, W. G. Csrrow, G. L. Atkinson,
H. K. Grepoa, H. Y. Talbot, and the How H. N. Shoes,
to the Edpr.
r. W. Bristow has bon nominated to a naval cadetship

PORTSMOUTH, JULY 15. '
The Channel squadron, wider Rear-Admiral
Robert Smart, sails this evening for the North Sea.
They consisted of the Revenge, 89, screw, Captain Charles
Fellows, bearing the rear-admiral's Sag ; St. George, 88,
screw, Captain the Hoe. Francis Egertoo, with his Royal
Highness Prince Alfred on board; Trafalgar, 86, screw,
Captain Hon. Thomas Baillie ; Emerald, 51, screw, Captain
Arthur Cumming; Galatea, 26, screw, Capt. Rochford Ma.
guire ; Defence, llioron screw steamship, Captain Richard A.
Powell, C.B. ; and the Chanticleer, 17, screw sloop, Comman-
der Charles Stirling. They weighed from Spithead at four
o'clock p.m., under soil only.
The Warrior, 40, iron screw steam frigate, Captain the
Hon. Arthur A. Cochrane, C. 8., wee taken out of No. 10
dock to-day, and goes to finitheed to-morrow.
The Swedish sailing frigate sailed from Spithead this
morning for the North Sm.
The Victoria and Albert royal yacht, Captain George H.
Seymour, C. 8., *teemed out of harbour on Holiday, and
*whored off Osborne, to be in readiness for embarking his
Royal Highness the Prime of Wales.

CLERICAL REBIONATION.—The Venerable Arab-
dams Law bee realised the living of Watoo-tinper-Van,
which be has held for several years. The Bishop of Bath
and Wells, who is the patron, has intimated his intention of
conferring it upon the Venerable R. W. Browne, arch-
deaooe of Bath. A rehdesson Browne is professor of classi-
cal liteestum in King's Collage, London, chaplain to the
forces, and prebendary of Bt. Paul's Cathedral.
Tat MAIN DRAINAOZ WORKS.—On Monday and
yesterday the metropolitan main drainage, on both sides of
the river, was inspected by she members of the several dis-
trict boards and restyle', at the invitation of the Metropo-
litan Board of Works. The total number of visitors
amounted to upwards of 800.

Mr. S. Laing, who has just returned from India,
has published a minute, dated Hardie, near Lymington,
July 10, in reference to an alleged mistake in the budget
of lodic, embodied in a despatch from the Secretary
of State, respecting Indian finance, to which, he
says, it is necessary to make an immediate reply. The
credit of Lord Canning's government, and public in-
terests of the greatest importance, the right hon. gentle-
man affirms, are alike at stake on the isms whether
there be or be not • mistake involving • deficiency of
1,000,0001. in the Indian budget ; and as the material
facts lie in • narrow compass, and as it is very desirable
that they should be known before the annual statement
of Indian finance is laid before the House of Commons,
he deems it better not to delay a day longer in submit-
ting his reply. Passing over the account• of 1869-60, Mr.
Laing proceeds at very great length to state the grounds
of his financial policy, together with the details of the
budget in which they -were exemplified. At the close of
his explanations, Mr. Laing sums up his defence as fol-
lows : '' I now conclude the last lines which I shall
write in the capacity of Financial Member of the Council
of the Governor-Omeral of India. Whether my health
would have permitted of my return is doubtful, but of
course this despatch decides the question. After sharing
to what I believe to be the signal success of the concluding
act of Lord Canning's Indian administration, I cannot
serve under • minister who views • material part of that
policy so differently as to think that it calls for public
eassure and disavowal. It is now just eighteen months
since I first landed in India, and during this period I have
been absent six months from severe illness. I found India
I with • deficiency estimated by the government at 6,000,0001.
I leave it with • surplus. I found it with an maul expen-
diture, open to revision, of 20,365,0661• ; I leave it with
! one of 23,454,0871. 1 found it with • cash balance below
' 12,000,0001. ; 1 leave it with one of 17,78'3,978/. I found it
I with gloom sad despondency prevailing, great animosity of
more and parties, and wideepreed deeds:tins and dispon-
i tent; I leave it with one untested feeling of hopefulness
and satisfaction, and amidst general expressions of loyalty
and attachment from the natives of India to the British
rule. I have no trials to claim more than my fair share
of credit as a member of Lord Canning's government for
these results, but if they have failed to um= me
against the repeated expresdno of disapproval and disavowal
on the part of the &molar, of State, I am reooropensed by
the consciousness that I have had no inconsiderable part in
bringing them Moat, under the guidance sad with the
constant °mildews sad approval of that illustrious states-
man who has best takes from us, and in cordial co-opera-
tion with colleague each as Sir Bartle Frere and Mr.
Besdon, who have been selected as the fittest men for the
highest poste in ladia. If I required any further consola-
tion, I should find it in the belief that there is not a single
intelligent man of any ohm, race, or religion in India who
doss not ',surmise that, as • wielder of Latin under meet
arduous circumstances, I have mideavoured to do my duty
foulard and faithfully, and that my labours have been
its , on the whole, with more moms than anyone in
India had ventured to anticipate."