The Express.
London, England, 1865-08-28 00:00:00

INDIA.

The Calcutta Englishman says it has every reason
to believe that the positive statement of one of its
contemporaries regarding the nature of Mr. Massey's
intended financial measures is without authority.

ii,;:iii:-" It is thought, however, by the ludiin
government that, as already stated by us, Sir
Charles Wood will draw no more bills on this

country until a clear and good financial measure has
been elaborated, and the policy of the financial
member will probably be something like what
has been already indicated. The Baird of Revenue
have issued a notification, declaring the amount of
the opium out turn of the last season, and re-
serving to themselves the right to bring forward the
whole, or a less quantity, for sale during 1865-66,
as the financial requirements of the State shall de-
mand. Thus, by the notification, they do not, as
usual, fit the amount that will be exposed for sale
but we have every reason to believe that they will
do so before the Glossa the year. It would evi-
dently be more convenient and prudent on the
part of the government to postpone bind-
lug themselves, in this respect, till some estimate
could be formed of the probable demands of the
market, and of the out turn of the next crop.
In acting thus, they would be pursuing the course
any prudent trader would adopt. Indeed, the
moat reasonable course would be to declare the

amount to be sold from time to time, instead of for
a whole yeu in advance ; thus leaving themselves
at full liberty to accommodate supply to demand.
The omission, however, of the board to declare
definitively, u usual, the amount to be exposed
for sale during the year has given rise to some cavil.
The immediate result has been a rise in prices.
which will, we trust, show the government the be-
nefit likely to result from their contracting she
supply, to snit the present glutted condition of
the market."

The Hurkaru of the 22nd July says that rumours
of peace with Bhootan have taken a definite shape.
The Deb Rajah would seem to have sent letters ad-
dressed to the political agent, in which be solicited
the opening of negotiations, and offered certain speci-
fic terms. On receipt of this intelligence the Bengal
government authorised Col. Bruce, who has just see-
(seeded Col. Baughton, to negotiate upon the basis of
the Foreign Secretary's letter of November last,
warning him, however,to satisfy himself that the
central government at Poonakha was able to com-
pel its subjects and officers to respect any arrange-
ments it might enter into. Mr. Beadon, at the
same time, forwarded a draft treaty for approval to
Sir John Lawrence, and suggested that it would be
as well to make one of the conditions of peace the
return of all prisoner taken by either party dur-
ing the war. "The fear seems to be (adds the
ffurkaru) that Toungsoo Penlow will not prove
obedient to the orders of the Durbar. But the
dictator's influenos has been much shaken by recent
eventa, and his power lessened, or the Deb Rajah
would never have been in a position to defy him so
I openly as he has done. Should, however, the nor-
' tuitions fall through, it is more than probable that
the government will do next cold weather what
ought to have been done last, that is, give the com-
mand of the forces operating against Bhootan to
General Showers.'
A meeting of the justices of Calcutta has been
held to take into consideration the initiatory mea-
wen to be, adopted for mrryin& out the scheme,
-sanctioned by the Lieutenant-Governor, of sup-
plying Calcutta with pure water on the high pres-
sure principle. A chief engineer has been ap-
pointed, and is to be despatched to England for the
purpose of consulting with eminent engineers and
preparing the specifications. The question whether
the water is to be conveyed from Phulta by an iron
pipe or a brick aqueduct will depend upon the ad-
vice the chief engineer receives in England on the
subject
With regard to the coffee crop in Ceylon the
Colombo Observer of July 2) Bays :
The weather, gime oar last, his been hot and dry, and
the preparation sod shipment of coffee have goes oe at a
rate unusual at this advanced period of the gesso°. The
exports of plantation largely preponderate again, so that
now our total exports of this kind equal 638,000, or 60,000
in advance of last Reston to the asmaperiod. Native Mends at
225,000 cwt.., or 109,000 increase. Of both kinds we bays
sent away so less than 760,1300cwte., or nearly 159,000 above
what we despatched to the same period of 1864. We have
ascertained that in eight ships in the roadstead there are
about 32,000 cwt.. of coffee. We believe every one of these
eight ships will fill up and sea before the 30th of Septem-
ber, and we see no reason why at least four more should
Dot be added to the number. Twelve ships, with average
cargoes of 7,000 owls, would add 84,000 mks. to 763,000
arts. already despatched. This would bring a. within 3,000
art., of our estimate of 850,000, from which we sea so ma-
ma to depart—nor to very the proportions of 600,000 plan-
tation to 250,000 native.
COMMERCIAL INTELLIGENCE.
(From the Ccricutice ifitqlisirman, July 23.)
The express portico of the London mails of the 18th of
June, aid Bombay, reached Calcutta on the evening of the
16th instant. The steam-ship Media, with the mails of •
week's later date, from England, was telegraphed at Gale
cm the 19th inst., sod will probably reach bee moorings M
the river on the 26th iestant. Through the break-down of
the lodo•European limo of telegraph near Gwadar, oar
Lean telegraphic dates by that route are only up to the sth
instant. We received intelligeoce however, yesterday,
that the line had been restored, but oo messages from
tondos, up to date, had been received at Bunches.
Produce Market.—There has been no material ohmage in
the produce market since the date of our last report. Prices
of silks, both native and European, are suite firm, and a
good barium has bees done for the out-going mail.
Import Market,—This market, for the last few days, has
displayed but slight activity. The interruption in the Per-
sian line of telegraph has, in • great measure, contributed
to this feeling. In all goods last quoted, prices are barely
maintained.
Government Securitite.—ln government securities there
have been considerable transactions, and mires have ripen
end keep firm. The quotations may be given as follows :
Fours, Bs. 90.4 to 908; Fives, 103-12 to 104 ; Fiveimedm-
Half, 110 to 110.4.
honey Market—The Bank of Nagel yesterday reduced
its rates 1 per cent all round, and the margin on loans on
government securities 2 per neat., which seems to imply a
revival of o3nfidenes, as well as an ample supply of matey ;
but, uotwithatandiag. builoollll is still very dull.