The Express.
London, England, 1857-10-19 00:00:00

NAVAL AND MILITARY.

The annexed circular memorandum has been ad-
dressed to the army at home and abroad :
" Hone Guards, S.W., Oct. 6, 1867.
"His Royal Highness the General Commandiag-in-Chief
desires that when Akers who have beam borne as super-
numeraries on the ear th of • regimen t are transferred to
other corps the regulated mete and band contributiorm which
they have paid on original appointment be handed over to the
corps towhich they are trace/erred.
" Bcommand,
"G. A. WETHtRALL, Adjutant-Geneml "
A circular memorandum ham bean issued from the Hone
Guards, explaining to the army that a soldier's claim to the
restoration of a medal at the public expense can only be
allowed when a medal haa been lost by some accident en-
' tirely beyond the control of the owner, and when the loss
cannot be attributed to any went of care on his part.
Major-General Lord Rokeby, commanding the division of
the Guards, incised the let battalion of the Grenadier
Guards at St. 's Barracks on Saturday last, attended
by his Assistant A jutant-General Lieutenant-Colonel Lord
Arthur Hay.

THIS ADMTRALTY.—The following naval promo-
tions and appointments were made on Saturday Comman-
der W. H. Haswell, Commander 8. Morriah, Commander
A. J. Curtis, and Commander H. Boys have been promoted
to the rank of captain ; UAL G. Durbin, Lieut. Horatio
Nihon, and Lieut. A. 0. Fitzroy, have also been promoted
to the rank of commanders. In consequence of the above
promotions, the following appointments were made Com-
mander J. B. Ballard, to the Imaum, vice Morrish, paw
mad: Oftriaserli. G. Osegie, to the Himalaya, rte.
Haswell, promoted ; and Commander L. E. H. Somerset, to
the Devastation, vice Morelia, promoted. The other ap-
pointments waver: Mr. J. W. Lichen, sadstant paymaster
to the Princess Royal; Kr. J. 0. Adams, sasistant pay-
mailer to the Disdeca ; Mr. David F. Guy, sasiMant pay-
muter to the Ides: William A. Brown, clerk to the
Agamemnon; Mr. Francis Woods, clerk to the Eagle.

CHATHAM, OCT. 18.
The Heron, 12, sloop, Commander W. H. Troaeott,
fitting for the African station, is ordered to be thorough!,
overhauled and repaired. She is to haves crew of 160 man,
including 11111111180.
The depot companiee of the 18th Royal Mob, 61st King's
Own Light Infantry, and 94th Regiment numbering 400
non.ccleuninnipied.officere and men, arrived atlitie garrison
. .

on Friday night, from Cork, for the wpmof joining the
Indian battalions. The following dims were in command
of the depot companies .—Lieutenant C. N. Fry, and Lieu-
tenant J. Grahame, 18th Royal Irish; Captain C. Acton,
61st Light Infantry; Captain G. Rhode. and Lieutenant
R. H. Lewis. 94th Regiment.
A general court-martial will shortly smesable at this
I:tfor the trial of two damn, one belonging to the
ogineers, and the other to a regiment of the line, on
some serious charges which have been preferred against them
by the Hone Guards. The trials are looked forward to with
much interest in this garrison.

PORTSMOUTH, Orr. 18.
The Ganges, 84, screw two-decker, Captain
Folioed, fisg-&ip of Rear• Admiral Bayoes, for the Peelle
station, sailed yesterday afternoon. She calls at Plymouth.
Bbe went away in good style; one of our fastest watermen's
boats, that had some things on board fur her, unsuccessfully
chasing her fur 16 or 18 miles round the Isle of Wight.
The Prince Albert, screw-transport, arrived at Spithead
yesterday morning with hem artillery from Woolwich . Bbc
ha. taken on board three companies of the 68th Regiment,
and has proceeded to the East Indies.
The Diadem, 34, screw corvette, Captain Moments, is
complete in her machinery repairs, and is having anew screw
of four blades fitted to her. In a few days she will make
another trial.

The Brazilian corvette, Imperial Marinheiro, 16 guns,
Captain Airin, arrived at Spit Dead yesterday morning from
Plymouth. on a visit to the port. She will stop about a fort-
night, and then pay a visit to Cherbourg and other French
ports The Brazilian consul, Chevalier Poppalardo, intro-
dsord the captain to the civil, naval, sad military autho-
rities. The corvette saluted the national deg with 21 guns,
which the garrison duly returned, and that of the Comman-
der-in-Chief, which the Blenheim, 60, returned.

GREYTOWN, Seer. 20.
H.M.S. Tartar, Captain Hugh Dunlop, wan at
Oreytown when the Thames left, but was about to sail for
Colon ; she was only waiting the return of Colonel Canty,
who had gone up the river to collect the sum of four
thousand dollars to redeem the property seized as a guarantee
for the payment of peewee money for the filibusters trans-
ferred from H.M.S. Comack to the United States melt
steamer for a peassge to the Untied States in April last. The
Tartar his now entered the second year of her service on the
Central American part of the station, and her officers and
crew hate consequently felt the effects of the climate. For
some time put she bee had a large sick list, as many ss fifty
being down with fever and apse at one time They look
forward to a change very anxiously. H.M.S. Brunswick
wee at Colon on Sept.

INDIAN ORPHANS AND THE ROYAL ASTLCM OP
TRY Br. Amin gnawer.—The executive committee of
this institution, which receives each year an amount of sup-
port entitling it to rank amongst our leading national chari-
ties, has with commendable sympathy fur the euff.inge of
our fellow countrymen in India, taken the initiative in ren-
dering the benevolent institutions of the metropolis evadable
foe mitigating the anguish and misery caused by the terrible
scenes lately enacted at Cawnpore and other mutinous dis-
tricts. Sonia few days since it came to the knowledge of the
committee that a clergyman's widow had arrived from India,
in a state of destitution, bringing with her two fine children,
a boy and a girl. The father was murdered in hie pulpit, and
all the congregation mamacred. Thee. destitute orphans
were instantly offered free admission to the many invaluable
privileges of the Royal Asylum, and we have reason to be-
lieve that similar acts of well-timed liberality are oonteraplated
by the executive department.
THE ROYAL VISIT TO THE EARL OF ABERDEEN
.--
During the late royal visit, eddresses from the tenantry of
Lord Aberdeen were relented to the Queen end the Primo
Consort. The following answers were returned by her Ma-
jesty and the Prince :—•• Redd° House, Oct. 11, 18.57. Sir,
—1 have bad the honour to lay before the Queen the loyal
and dutiful adieuss to her Majesty from the tenants upon the
estates of the Earl of Aberdeen. on the occasion of her Me-
jetty's visit to Haddo House. Her Majesty has been pleased
to receive this address most graciously ; and I am com-
manded to express to you, and to those in whose name you
have signed it, the sincere gratification afforded to the Queen
by the affectionate loyalty with which her Majesty has been
received on bee visit to the distinguished nobleman who so
deservedly enjoys the warm attachment of all who are con-
nected with him, and of whose private worth and pubite ser-
vices her Majesty entertains the highest reilard. I am, air,
your obedient servant, 0. GREY. Osoip Shepherd, Esq."—
Had° House, Oct. 15, 1837. file,-1 sun commanded by
his Royal Highness the Prince Consort to request that you
will accept for yourself, and that you will convey to the reel
of Lord Aberdeen's tenantry who have joined with you in
addressing hie royal highneee, the expression of his best
thanks for their kindness. His royal highness is very sensi-
ble of the flattering terms In which you welcome him es an
occasional resident in Aberdeenshire, and he begs you in re-
turn to be enured of the gratification which, se one who
Woes a deep interest in the improvement of the land, he has
derived in passing through Lerd Aberdeen's property, from
witnessing the high state of cultivation to which, by the
energy and industry of =enterprising tenantry, encouraged
and emitted by the support of a liberal landlord, all this fine
district has been brought. I have the honour to be, sir, your
very obedient servant, 0. Garr. O. Shepherd, Eq."
CROSSING SWEEPERS AND SHOEBLACKIL—ME.
Mitchell, a solicitor, accompanied by the seeretary of the
Rest London Ihoeblack Society, applied to the Lord Mayor
on Saturday for permission to place a small number of boys
se crossing sweepers in different parts of the City, under the
auspices of the octet and the superintendence of the police;
they would wear unifotmq so as to be easily distinguished by
the public. They did not intend that the boys should he
paid individually by passers by, but proposed to have • box
attached to • poet at each crowing, lint* which the public
mold put money or not, as they pleased ; which money
would afterwards lie used for the benefit of the boys by the
society, as was now the case with ehoeblacks. The Lord
Mayor said be would gladly give his sanction and assistance
with the understanding that no favonritiam should be shown,
but that the appointment should be open to all honest boys,
without exception, under proper regulations. Mr. Mitchell
end that was the intention of the society; and the Lord
Mayor promised to confer with the Police Commissioner
upon the subject, In order to see whether such an arrange-
ment could be satleanerily made. _ _

A PCLPIT HABIT.—A correspondent of the
dourieso CAristiots Rejector, says I notice in some
came • handkerchief habit in the pulpit, which hu led me
to inquire if the use of that very mummy article is • part
of theological frainieg. I notice some ministers take it out
of their pockets, as they do their sermon, and My it on the
pulpit. Some printed it out lengthwise through the middle
of the Bible; some roll it up and tuck it under the Bible;
some shake it every few moments over their heads; some
clench it in their hand, as if they were going to throw it at
the audience ; and some imp crowding It into their pothete,
and palm it out again, with a nervous movement, sa 'if
they did net know what other use to make of their hands.
I went owe to hear a popular young preacher, and so witch
es half big seem tram mods up of pocket handkerchief :
sod the isosiof the other half was gold watch and straps of
Palar7."

iota DAILY NM: Lorator4 MORNING
ilk.a.VitiZr="ssingtialaafist

ITZ: =Me lON d I=2 :0F.% SO 01=mist lb
...P.% mil la So mule 4
mailMaal M Os ie. saw. '-'-m-.1-060/•="aiur b Is-
Sift_ OMNI SIMS Ell 111LIUMB AND mamma.
L. •.6....dr ..../ ins oil mamba M Ms IMlala ma le minded
Na la a.
""TriVennt# reago WOW!,
- - - - 8

--- ---- ---
oliVradtt Irivem=viV moviurrissmorro.
IS - Uwe Iles gal/
""nrb...ismagessia"."l6kka IllagaSaftr ag NOM ask
plee_ert
nn,'"... k. ' sew beebeeber le eermtbk. benign: et el
sirem I)
& If al, as tmAilai Ike peer by mes.be
we be Pa" ea %rola ibe
mere/ am ........4=ris
ATL.lraptiVener. NW •
Ware bp Kean brew

et, Oxlrcoo.

INk 001

Meentimbelli 66-plaiee . Tee e—aprosa.--- . tells Ibbeelee leeebr
mem be at lbe Oen. IN le mThelmieb. be Tye Mob ea ibe
Yet petilullia.

Z Imre.
TVS 11••=8, TEX 1.01 r• CUBA NI. Aw..411•1=1:
-MT SOX. NANA.
!U X Fanlike= asligaila=-rarnAUOMIN
..-Oismisioal T.

/111110111"*.
l'oo Form. LIVING TOO 7.6/7.111 11l MOW.
us, O. /Lom—Occosopso r Mahal O.

vi.w."-D°4lE,P24=a2ll=l2:

RION WA A? WIIDO3I SWIM
rem Day-1111wim Mi. eila.—...-- MISEINS. ih. lbs.
Weriesemp—Mosbe. 116 1ea......... lisma. !la. aft

LONDON. MONDAY. OCTOBER If.

lie any struggle like that mid& is now in progress
in India, the tioascial element is so important
that we have omitted no opportunity of drawing
public attention to the state of the East India Car
palsy's Exchequer, both in India and at home. Plain ,
speaking. however, on this as on many other sub-
jeers, is unpalatable to particular interests, and. in ,
defiance of • host of facts, an attempt is made in ,
some quartets ;to show that the Indian Government
is, in a pecuniary; sense, remarkably well eff. One
joartial, which OM= almost inclined to venture upon
the absurd assertion that the money saved by the
disbanding of the Bengal army and by the mem-
hien of the allowance to some of our disaffected
princely Indian pensioners, will suffice to defray the
entire expenses of the war, is positively indig-
nant at the Mutilation that the authorities here are
in want of money. Keeping in view the notoricias
fact that the East India Company, in the midst of a
monetary crisis, which their own financial policy tends
to aggravate, have just rushed to the Bank to borrow
• million sterling, we scarcely know bow to meet
averments of this kind. That the Company wanted the
money is proved by the fact that they bare already
'civilly employed a large portion of it. That they
still hold • large amount of securities of various
kinds we have not been so ill-informed es to deny—
the fact is well known. But, perhaps, our con-
temporary is not so keenly alive as he ought to be to
the difference between money and securities. If so, let
him ask any practical banker or broker what would
be the consequence of flinging a few millions, or
even, say, half • million, of Exchequer Bills, Ex-
chequer Bonds, or India Bonds upon the market at
the present juncture, and what progress could be
made with sales. As we have repeatedly pointed out,
and as our contemporary himself pointed out very
recently, the market for Exchequer Bills has been
prejudiced to a serious extent by the niggardly
polity which was panned some years ago by Mr.
OLADsTONL, by the competition of railway deben-
tures and other securities, and by various other
mums. It is certain that, despite the considerable rate
of interest now borne by them, no important amount
of Exchequer Bills could now be mold in the market,
anise at • really " alarming merifioe." Only a few
days ago the price offered to holders who attempted
to sell • limited amount was 20a. discount, and the
minket war this moment mainly prevented from re-
!aping by the daily purchases of the Government
broker, which are scarcely likely to be continued much
longer, calms from the wish of the Cniacemem of the
EiCHECItEII to prevent the quotation from descend-
ing to a more discreditable point. As regards Ex-
chequer Bonds, there is really no market for any
amount of magnitude, large transactions in these
securities requiring a great deal of negotiation.
Finally, the degree of favour accorded at pre-
sent to India Bonds may be inferred from the
Got that, although sellers abstain from coming for.
ward, a holder compelled to realise might think him-
self
lucky if be could obtain 30s. discount for even a
small quantity. The idea that the East India
Company, under existing circumstances, could place
upon the market any large amount of these Bonds,
even if the rate of interest upon them were con-
siderably advanced, is not to be entertained for •
moment. It is far more likely that the Company
will, ere long, find themselves involved in • new
financial liability from this source, for many holders,
disgusted with the depreciation of their property,
will probably give the requisite year's notice of their
desire to be paid off. The necessity of giving
a year's notice constitutes the immediate safe-
guard of the Company in this respect, but we
must my we do not like a system which is
ever ready to risk future entanglement for the
make of momentary relief. A wise foresight on the
part of the India House would be far more calculated
to imprem the public with a feeling of confidence in
their prudence and sagacity. Instead of being
incrmeed, the issue of India Bonds ought to be kept
within the narrowest possible limits.

But, although the East India Company have
already arrived at a lively perception of • fact
which does not seem to have struck oar contcropo-
rary,—vii., that, when credit is at a low ebb and
when the tide of monetary dis'urbauce is at
its height, the holder of money and the(
bolder of practically inconvertible securities oc-
cupy very different positions,—it will perhaps be
argued that the Company may rely upon the Bank
of England for further assistance. In the interest
of the commercial public, we feel bound to protest
against a repetition of the transactlon recently
effected, by which the Bank advanced one million
sterling upon :the Company's securities. We have
no hesitation in declaring that this operation, which
of CO9llO involved an immediate drain upon the
already diminished resources of the Bank, and
carried the "other securities" op to the altogether
unprecedented amount of nearly twenty-two millions
and a half sterling, had an important influence in
aggravating the recent intense pressure in the money
market. The Bank is of course driving • fine
business, with so many pressing customers at seek
high rates, and we shall be greatly surprised if the
holders of Bank stock at their next sowing are not
seen robbing their hands with the utmost satiefac-
tine at the pecuniary result. As the pressure upon
the Bank has now reduced its available means to an
extent rarely witnessed of late years, there M evi-
dently en immediate prospect that the India House
will be able to extract a further loan from the insti-
tution which held' the national money bag ; and,
misiseqnsntly, far the time, protest is needless.
Amidst the diseemiona, however, which are taking
plies amongst oar financial and administrative

aothorities respecting the pecuniary position
of the Indian Government, we are sazious that the
fact should not be ignored that the commercial cow-

munity, who look upon the Bank reserve as the
fund at all times available for their requirements,
arc by no means pleased at the serious augmentation
of the monetary pressure resulting from the compe-
tition at the Bank of that favoured borrower, the
East India Company.
If the resources of the India House are thus
straitened, the position of the local Government is
far worse. At Calcutta, the State Four per Cents.
have been sold at 24 per cent. discount, and the Five
per Cents. at 12 per cent. discount, and the ad-
vices state that "no considerable sum could
obe disposed of even at a much lower
" rate," in which respect the Indian market
for State paper bears a striking resemblance to the
LoLdon market for India Bonds. This collapse of
the Calcutta market is in spite of the fact that every
let fort has been made in its favour by the Bank of
Bowl, which is virtually ander Government control,
That Bank is so full of Government paper, upon
which it has made advances, that it is at last reduced
to the painful necessity of almost altogether with-
heldiag accommodation of this description. It is
was mentioned that the " native bankers were

" willingly lending on opium at 8 per cent., while
" they were refusing to lend at 12 per cent. on Go-
" ,sent securities." This feature, by the way,
we Immo, from the contemporary to whose
eptindet views on Indian finance we have
already referred. As to the utter discredit of
the Government in the Indian markets there are not
two opinions amongst the local independent press.
" Our Financial Difficulties " have long formed •
prominent topic of discussion in their columns. The
Bombay Times. premising that " the Government
" wants money," bemoans the " humiliating news-
" city" Imposed upon the authorities, by the fear of
" an empty Treasury," of accepting its own heavily
depreciated 31 and 4 per cent. notes in payment for
the new 8 per cent. loan. Whilst this loan, which
consequently offers to the subscriber terms equal to
about as per cent. per annum, is vainly hawked
about the market, we see the energetic repre-
sentative of the Company in 'the Punjaub
beating about for advances for one year amongst
the shopkeepers of Peshawur, and soliciting
subscriptions from • chieftain of our own
making—Omit tis SING. So preening are the necer-
sides of the Indian Government that the Cope Par-
liament—to their honour be it said—have with the
utmost alacrity voted an immediate advance of
88,0001. from the Colonial Treasury. Now, in all
earnestness we would ask, is this degrading financial
destitution befitting the position, or likely to add to
the prestige of a Government which stands forth to
the two hundred minions of men who inhabit our
possessions in the East se the embodied represents-
tiveof the mighty BritigNation ? Let any oneglance
at the un.subecribed loan, at these solicitations of as-
sistance from every quarter, at the estimated deficit
in which the last Indian Budget avowedly resulted,
at the prospect of a greatly diminished revenue for
a considerable time to come, and at the straitened
position of the India House in London ; and let him
say whether a conscientious journalist can lull the
public into the belief that the present momentous
struggle will lead to no financial demands upon this
country? Our sole object is to keep the naked facts
before the public eye, and to warn the authorities,
that if from any secret jealousies, or lack of financial
courage, they starve the war, and needlessly prolong
the Sow of British blood, as in the Crimean war, the
notices will assuredly call them to a strict account.