The Sun.
London, England, 1858-09-17 00:00:00

BANK OF ENGLAND.

An Account, pursuant to the Act 7th and Bth Victoria,
cap. 32, for the week ending on Wednesday, the 15th day
of September, 1858 :
issuE DEPARTMENT.
Notes issued £32, 433,960 Government Debt £11,015,100
Other Securities .. 3,459,900
Gold Coin & Bullion 17,958,960
Silver Bullion ....

£32,4'n,M

£32,433,960
RANKING DEPARTMENT.
Government Secu-
rities (including;
DeadW eightAn-
unity). £10,970,514
Other Securities 1,311,271
Notes
Gold and Silver

Proprietors' Capi-
tal X 14,553,000
Rest
Public Deposits (in-
cluding Exche-
quer, Savings'
Banks, Coinmis-
missioners of Na-
tional Debt, and

Coin

689,955

Dividend, Ae-
counta) 8,011,078
Other Deposits 12,201,939
Seven Day and
other Bills 759,560

£39,251,713
31. 31
Dated the 16th day of Septen

X 39,251,713
IiARSITALL, Chief Cashier.
nber, 1858.

BANKRUPTCIES ANNULLED.
Pizzey Vincent, printer, Great St. Helen's, City.
Joshua Shuckford, builder, Lambeth.

BANKRUPTS.
Charles Jahn Howes, hotel keeper, Uxbridge, Middle-
sex, to surrender, Sept. 30, at half-past two, and Nov. 2,
at two, at the Court of Bankruptcy.
John Palmer, hop merchant, Worcester, Oct. 1 and 22,
at half-past eleven, at the Birmingham Distriet Court.
Absalom White, grocer, Southampton, Sept. 30 and Oct.
25 at two at the Court of Bankruptcy.
1.
1 homas Bulpit and Joseph Peakman, metal refiners,
Birmingham, Oct. 6 and Nov. 1, at ten, at the Birmingham
District Court.
Joseph Moses, metal dealer, White's-street, Cutler-
street, Houndsditch, Sept. 27, at two, and Nov. 2, at one,
at the Court of Bankruptcy.
John M'Millan, licensed victualler, Liverpool, Oct. 1 and
18, at eleven, at the Liverpool District Court.
Abraham Wardleworth, dyer, Prestwich, Lancashire,
Sept. 29 and Oct. 26, at twelve, at the Manchester District
Court.

SCOTCH BANKRUPTS.
Alexander Pirie, baker, Aberdeen.
Charles Gordon, factor, Glasgow.
Benjamin Oney, draper, Dumfries.
James Virtue and Son, commission agents, Glasgow.
Robert Service, joiner, Helensburgh.
Isabella Latta, partner of the Western Bank of Scotland,
Dumbarton.
Thomas Kearsley, metal and wood dealer, Port-Glasgow.
Allan Granger, bookseller, Airdrie, Lanarkshire.
John Gillanders, innkeeper, Elgin.

COURSE OF EXCHANGE.--THIS DAY.
Amsterdam
Ditto
Rotterdam — 11 18,E 11 19
Antwerp
Brussels — 25 371 25 42
Hamburgh
Paris
Ditto
Marseiks — 25 40 -25 45
Frankfort on Maine — -118 k 1191
Vienna
Trieste
Petersburgh — 341 35
Madrid
49
Cudiz — 494..: . 494
Leghorn — 29 9a 30
Genoa — 25 55 25 60
Naples
Palermo —122 k
Messina — 1221 123
Lisbon
52
Oporto
Rio Janeiro - - ..
New York

E.I. Co.'s bb3. House bls 00 d.
Calcutta, Co.'s rupee ~ 26 24
Bombay ditto - 26i 24
Madras ditto — 26 24
East India Company's, Bills drawn from the 24th ult. to
the Bth inst.

Bental £1,201 5
Madras 0 0 0
Bombay

£1,201 5 0

Foreign Gold in Bars (Standard) per oz. £3 17 9
Mexican Dollars
Silver in Bars (Standard) 0 0 0

THE .RECONSTRUCTION OF TEE
INDIAN A.RMY.

We have at present two boards deliberating on.
the reconstruction of the Indian army, one sitting
in London and the other in Bengal. The English
board consists of the Marquis of Tweeddale, formerly
Governor and Commander-in-Chief of Madras ; of
Lord Melville, better known as Col. Dundas, who
commanded the 60th Rifles in Scinde, and after-
wards in the Punjab between 1848 and 1832 ; Sir
Harry Smith, long Adjutant-General of Queen's
Troops in India, and afterwards so famous at Budi-
wal and Aliwal in 1846 ; Gen. Hancock, long our
Adjutant-General, represents the Bombay army ;
Gen. Montgomery that of Madras; and Gen. B.nri-
ton and Col. Tait that of Bengal. The committee;
we confess, does not seem a promising one. The
Marquis of Tweeddale was never in a position fully
to realise the character of the sepoys. Lord Mel-
ville's violent prejudices against the Bengal army-
are on record, and one and all oT them
have the fatal objections of being wholly of
the traditions of former years, and not up
to the time or the events to be dealt with by them.
They are nearly all sure to set about restoring the
system which has been shown to be obsolete and.
incapable of restoration. The Sepoy army, to all
rational men, can only beregarded as a thing of the
past ; even the Sepoys of Madras and Bombay
must have new functions and a new place assigned.
to them, and the maintenance and defence of India.
must hereafter, be entrusted to European hands.
What we esteemed a vase of porcelain, beautiful as
it was strong, has turned out a miserable potsherd,
which lies in fragments at our feet, after having
cut and bruised the hands of those who cherished.
it. Its pieces can never be cemented. The attempt
to restore it without its fancied strength or appa-
rent seemliness, gives it back to us with its only
dangerous qualities left. Sir John Lawrence, Col.
Edwardes, and Col. Durand constitute the Indian.
Board. The names of these gentlemen are too well
known to require us to speak of their qualifications.
We should expect them all to be biassed against
sepoy soldiers of the line, and against anything like
caste in the army at all. 'Whoever we intrust with
arms in their hands, and inwhatever capacity they
appear, whether as irregulars or police, we trust
their appearance as regulars is a thing so utterly
out of the question as to be regarded as an impossi-
i bility, they must be made aware that onlyone power
can be recognised among them ; that the commands
of competent authority are supreme, to which
everything, caste prejudice included, must give
way. They are perfectly at liberty to enlist or
decline enlisting on these terms ; having once en-
listed, they must abide by the bond. When tha
State sets aside a part of its citizens intrusted with
weapons, and which they are authorised to employ
against the people, care must be taken that in no
case shall they be used for other ends than those
for which they were issued. We should strongly
impress upon officers at them= time, as they value
the affection and respect of their men, cautiously to
abstain from doing anything calculated to hurt
their feelings or interfere with their prejudices.
To ignore caste as a power is not necessary to
assail it as a nuisance. The men should be mad©
to understand that we no nothing and care nothing
about their caste ; we do not recognise its existence ;
we neither assail it, nor do we submit for one mo-
ment to its tyranny. Brave, temperate, and be-
dient men will be dealt with as such—neither be in-
terfered with nor be permitted to interfere.—Bonn-
bay Standard, Aug. 16.

YANKEE HIGHLANDERS.—A movement has been
...et on foot in New York for the formation of an entire
Highland regiment. It is proposed to adopt the uniform
of the 42d Royal Highlanders, acid the only thing r
wanting for the embodiment of a full regiment in ti the
..arb of old Gaul" is a charter from the State.—agjedohien
.sturcury.
COUNT PERSIGNY.—We understand that the late
French Ambassador to St. James's is at present on a visit
to Scotland, and is staying with. Count FlaTia-Lat at his litgit
of 11111:410417 rear float-150($ing:i,