The Sun.
London, England, 1865-12-18 00:00:00

INDIA AND CHINA.

CALCUTTA, Nov. 11.
Calcutta has been the victim of a stock-jobbing
hoax, which has delayed the departure of the mail
for four days. Just as the outward-bound Mooltan
was about to leave, and the Simla with the mails of
the 10th October was expected, the announcement
was made that the only navigable passage in the
river Hooghly had silted up, owing to the ground..
ing of a ship near it. The place was the Rungafullak
channel, where the mail steamer Nemesis lately
grounded. The marine authorities at once credited
the statement, the Peninsular and Oriental Com-
pany advertised that the Mooltan's departure was
indefinitely postponed, and the Post-office authori-
ties put off the mail. Meanwhile Port Canning
shares, each valued at £lOO at par, ran up rapidly
on the 9th to £5O premium. But, in spite of tug
steamers and a surveying brig sent down to look for
another channel, a ship, drawing more water than
the steamer came up, and the Simla herself fol-
lowed in due course. The Peninsular and Oriental
Company's agent publishes an indignant letter, the
Post-office blame the marine authorities, and they
join the chorus, though they ought, as the respon-
sible parties, to have been at once able to declare
the truth. It turns out that there has never been
any change in the channel, traffic goes on as usual,
the Port Canning Shares have returned to their
normal state of £3O premium, and the mail goes
four days after the proper time. Bad as the
hoax is—and the public set the report down
to such a cause—it has shown how little faith can
be placed in the permanently free navigation of the
Hooghly, and the importance of using other chan-
nels like the Mutlah estuary, to which there is a
guaranteed railway.
The Deb Rajah of Bhootan has finally agreed to
our terms of submission. Colonel Bruce, C. 8., the
Civil Commissioner of the Dooars, has, I believe,
been instructed to promise a continuance of not
only the payment of £2,500 a year, but to raise
the sum to £5,000 if necessary. We keep not only
the Dooars proper, but such a zig-zag line of hill
country from Darjeeling to Assam as will add
largely to the former settlement, including posts on
the hills which our soldiers may occupy in health,
and intermediate stretches of marshy terai on the
plains which it will not be necessary to defend, or
even watch, except by a few police. The Deb Rajah
has asked two months within which to persuade or
coerce the Tongso Penlow. If he fails we are then
to be at liberty to do that work for ourselves.
" Coercion" consists in inducing him to restore the
the two Armstrong guns abandoned in the Dewan-
giri rout, and to abstain from attacks on our fron-
tier. It would be useless to conceal that we have in
reality, as well as in the eyes of our native subjects
and Central Asia, the worst of it. Almost all the
extra expense of equipping a force of £7,000 men
for hill warfare has been already undergone, and
for that we have no return, to Mr. Massey's great
grief. The humiliation has not been atoned for ;
on the contrary, our payment for the Dooars will
be regarded as tribute due from a conquered foe.
And what shall we say of the loss of life—English
officers and numerous Sepoys ? Nothing can pay
for that, certainly not the belief that it was folly in
us to station troops on the plains at all, at a time
when not a Bhootea dares to face the miasma of the
terai. On the other hand, while political defeat is
confessed, there are these two considerations—the
annexed territory will soon far more than pay its
expenses, and afford a security to Darjeeling, and
Sanitaria to the numerous settlers in Assam, which
have long been wanted ; and it is seriously believed
that without our blackmail of £5,000 a year the
Bhootan officials could not exist This certainly is
a fact, that the Deb Rajah has written a begging
letter to us beseeching a slice of the Dooars to keep
him in existence when his term of office expires.
The Dooars are certainly the granary of the hills,
but it would be a good thing to force the hun-
dreds of lazy lamas and officials who oppress the
indigenous population to earn an honest liveli-
hood by cultivating such extensive plains as
that of Paro, and by developing the mineral
and commercial resources of the hills and
valleys. All this, however, must be received with
some caution. The Bhooteas have hitherto proved
to be such liars, the central Government is so weak,
and Tongso Penlow so barbarously unreasonable,
that there may be war after all, and the stipulation
for two months within which to bring Tongso to
reason may only be a repetition of a former ruse for
gaining time till it shall be too late for a campaign.
The wisest course is to believe nothing more about
these Indo-Chinese savages than one would about a
maniac who deludes his keeper with the occasional
symptoms of returning reason.
The Allahabad Board of Revenue has collected
accurate information regarding the growing crop of
cotton in the North-Western Provinces. The esti-
mated produce of the crop this year is 825,540
maunds of 801 b. each, against 1,957,738 maunds
estimated, and 1,659,917 actual, last year. Not
only is the area some 50 per cent. less than last
year, but the estimated out-turn is less than in any
of the four years of the American war. In 1861 the
area sown with cotton was 953,076 acres. It rose
in 1862 to 985,578 acres, in 1863 to 1,135,688 acres,
and in 1864 to 1,730,634 acres. But the sudden fall
caused by the unexpected close of the war ruined so
many native traders that for the sowings of this year
no advances were made to the peasantry. The im-
mediate result of this was a renewal of native weav-
ing to the same point as before the war. The Col-
lector of Mozuffurnuggur states that, when prices
fell, a native weaver, with a wife and four children,
was quite content if he made 4i-d. a day. All the
people wear native cloth except the Mahomedan
landholders, officials, and clerks, and Hindoo land-
holders on such sacred days as when the brotherhood
meet to celebrate some festivity. The Collector of
Meerut reports that the cotton raised in that dis-
trict was so fine and well cleansed as to surprise the
merchants, but the failures have checked all this.
In Agra, the Collector says :
" It was too great a shock for the villager's mind to find
that the field of cotton on which all his hopes centred, and
which he had in the morning valued at from £2O to £3O,
was by evening almost unsaleable on account of some news
which had arriTed by the Bijli Dak (telegraph—gightning-
post '), the purport of which he was utterly unable to com-
prehend."

So he will henceforth sow only as much as will sell
in the neighbouring market, as his fathers did be-
fore him. what hope is there for such a people
but in the spread of intelligence developed by edu-
cation, and the increase of English settlers who will
give a security and permanence to trade at present
unknown ? _

Still no rain has fallen. It would be too late to
save the autumn rice crops ; but it is sorely wanted
for the sowing of the spring crops. Prices in half
of Lower Bengal are still 100 per cent. higher than
usual. Bhaugulpore and the Sonthal country,
almost midway between the high lands of Behar
and the low delta near Calcutta, have always been
a rice-exporting district ; but if exportation con-
tinues for one week longer they too will be destitute.
As it is, in some places the people are reduced to
starvation. In Monghyr, for instance, where nearly
three-fourths of the crop have gone, the poorest
classes pick up leaves as food. One magistrate
writes that " the bestowul of only a handful of grain
soaked in water to each man invites hundreds of the
poor " to the door of a certain shopkeeper. The
rotting grain which has been used to make spirit
sells as food to those who have money, and those
who are penniless beg for the refuse seeds from
which oil has been pressed. Such is the want of
water even in the Gangetic delta. Round Calcutta
the peasantry fight for such puddles of water are
still left, wherewith to keep their rice alive.
Their Excellencies the Viceroy and Lady Law-
rence will hold a levee and drawing-room on the Ist
of December.

Opium continues high. At the monthly sale yes-
terday it fetched £llB a chest, or £33 above the
Budget estimate. The price is likely to be main-
tained.

On Evacuation Day the traditionary " green
flag" of Ireland was hoisted over the capitol of the " Irish
Republic," in Fourteenth-street, New York. This building
has been hired for the moderato rent of 512,000 a year,
for the use of the government of the " Irish Republic."

TAT rERSALLS'—iIis Evening

TWG THOUSAND.
7to 2 agst Student (offered)
7 to 2 agst Lcrd Lyon (offered)
DERBY.
Bto 1 agst Rustic (taken freely)
Bto 1 agst Lord Lyon (taken and offered)
9to 1 agst Student (taken)
22 to 1 agst Redan (taken)
25 to 1 agst Janitor (taken)
28 to 1 agst Blue Riband (taken)
30 to 1 agst Sfabber (taken)
33 to 1 agst Bribery colt (taken)
50 to 1 agst Maravedis (taken)
66 to 1 agst Knight of the Crescent (taken and oft)
GG to 1 agst Tom King (taken)
100 to 1 agst Boralice colt (taken)
Tho Subscription Rooms will not be:opened:again until
the Ist January next.

ASSIZE INTELLIGENCE.
MAIDSTONE, Dec. 18.
[BY ELECTRIC TELEGRAPH.]
THE MURDERER SOUTHEY.

The Judge this morning merely alluded to
Southey. No true bill yet. Inspector Tanner has
arrived.

THE RAMSGATE MURDER.
(From our own Reporter.)
MAIDSTONE, Monday morning.
CROWN COURT.

At ten o'clock this morning Mr. Justice Mellor
took his seat on the bench for the purpose of dis-
posing of the cases which stood for trial at the pre-
sent winter assizes for the county of Kent. The
principal charge in the calendar was the indictment
against Stephen Forward alias Ernest Southey,
who stood charged with the wilful murder of his
wife Mary Ann Jemima and his daughter Emily S.
Frances Forward at Ramsgate, on the 10th of
August last.

The circumstance that such an unparalleled cri-
minal was about to undergo his trial did not ap-
pear to create much curiosity, as the court was very
far from full.

The grand jury, of which Earl Brecknock was
the foreman, having been empannelled, the Queen's
proclamation against vice and immorality having
been read, his Lordship proceeded with his charge.
Having referred to several cases in the calendar,
his lordship went on to say that one of the most
serious indictments that would have to be disposed
of was that against Stephen Forward, who is
charged with the murder of his wife and child, at
Ramsgate. The facts were extremely simple. He
was seen almost to commit the crime, and as the
evidence was so clear on the point, he did not feel
called upon to refer further to the case, as
the facts to be laid before them would be so
precise that there would be no difficulty in finding
a true bill against him. His lordship having con-
cluded his remarks, the grand jury retired to their
room.

The grand jury found a true bill on both indict-
ments. The trial will take place on Wednesday.

RECENT WILLS AND BEQUESTS.

(From the Illustrated London News.)

The will of Thomas Rowley, wholesale teadealer,
of Cannon-street, and of Norwood Lodge, Surrey,
was proved in London under £40,000 personalty,
the executors being Mrs. Rowley, the relict ; Thos.
Howse, of St. Paul's-churchyard, woollen draper ;
and Francis Nash, of Horsleydown, wharfinger.
To the two last-named executors he leaves a legacy
of £2OO. To his wife he leaves an immediate legacy
of £5OO, an annuity of £5OO, and his leasehold re-
sidence at Norwood ; to his daughter Mary Selina
he leaves his freehold estates in Biddulph, Stafford-
shire, and in Buglawton, Cheshire ; also a sum of
£B,OOO, and a moiety of the residue of his property.
The other moiety he leaves to his daughter Frances
Jane, to whom he leaves his freehold in the City,
together with his leasehold residence, on the decease
of his widow. The plate presented to him by the
City Lands Commissioners, consisting of a silver
tankard, he leaves to his daughter Mary ; and the
silver teakettle, by the Walbrook Ward Club, he
leaves to his daughter Frances. The household fur-
niture, musical instruments, and ether effects, on
the decease of his relict, are to be divided between
his two daughters. There are legacies to his ser-
vants. The inheritor of his estates in the coun-
ties of Stafford and Chester is to take and use the
surname of Rowley.

The will of Edward Wheler Mills, Esq., banker,
6T, Lombard-street, and of Bryanston-square, and
BrunsWick-terrace, Brighton, was proved in Lon-
don, on the 21st of November, by the executors,
George Grenfell Glyn and St. Leger Richard
Glyn, Esqrs., both of 67, Lombard-street ; and
Frederick Nathaniel Micklethwait, Esq., barrister-
at-law, Inner Temple ; and Charles Henry Mills,
Esq., the testator's nephew. The personalty was
sworn under £250,000. The will was made in 1856,
and a codicil Dec. 8, 1863 ; the latter was signed on
behalf of the testator by Wm. Murray, M.P., in
testator's presence, and by his direction, and in pre-
sence of two witnesses. He leaves to each of his
executors a legacy of £5OO ; to George Payne, Esq.,
of John-street, Berkeley-square, £lO,OOO ; to his
niece, Miss Charlotte Elizabeth Wingfield, an an-
nuity of £3OO. Legacies and annuities are left to
his servants. He directs his real and leasehold
estates to be sold and the proceeds held in trust for
his daughter and only child, to whom he bequeaths
the same, leaving to her also his plate, furniture,
books, and other effects.

The will of Admiral Henry Stanhope, late of
Southwick, Hants, formerly of Banstead, Surrey,
was proved in the London Court, on the 22d of
Nov., by his relict, the sole executrix. The per-
sonalty was sworn under £12,000. The will is dated
April 10, 1845, and a codicil May 7, 1849, which
were executed whilst
gallhaentwoasfacPeorswt-aCs arapitsaeidntoina the
Admiralßoyal N aiyun.eni2s,slB62, and died Oct. 21, 1865. He
has bequeathed to his wife the whole of his property,
including that under settlement on marriage, which
he leaves to her absolutely, in the event of their be-
ing no issue.

United States Government Securities.
(From Thompson's Bank-Note Reporter)
Until the Government shall shape its financial policy we
do not wish to write on the subject, for whatever the
Secretary of the Treasury desires done, we shall, to the
best of our ability, assist in doing, knowing that his
measures will be well matured. We, therefore, this
week explain the Bonds and Treasury Notes now on the
market.

The 7-30 Treasury Notes have three years to run front
their dates. The first series is dated August 15, 1864 ;
the second series, June 15, 1865 ; and the third series,
July, 15, 1865.
When due these notes are payable in money, or they
aro fundable into a 55-20-year bond bearing
six per cent.
in gold. It is optional with the holders of the notes
whether to fund them or take the money. Tho interest is
payable every six months from the date of the notes.
The amount of the different dates or series is as
follows :
Aug. 15, Ist series 300,000,000
June 15, 2nd series
July 15, 3rd series

Total

the interest on the Juno notes is payable
Dec.lsth;CseclutlY
Consequently
nthe July notes, Jan. 15th ; and the August
notes, Feb. 15th.
The 5-20 year Six-per Cent. Bonds are of three issues,
payable after five years from their date. The Government
has the option to pay them off or to let them run to
maturity, which is 20 years from their date. Observe
that the Government can act at any time on this option
after the first five years from date. It is this feature of
the bonds that gives the name of 5-20 s. They all
bear six per cent interest in gold, payable May and
November :
First series (old), dated 1862
1864 ... 100,514,00 0,780,000
500
Third series (newest), dated 1865... 55,000,000
Second series (now), dated
From the conditions above set forth it is plain that the
" new" and "newest" issues are the most desirable bonds.
The " old" issues aro bought to fill foreign orders with,
and this is the only reason why they bring a better
price.
Tho Bonds 1881 have till that year to run, with no
power on the part of the Government to pay them off
before they mature. They bear six per cent. interest in
gold, payable Jan. and July. The total of these bonds is
$198,746,400.