The Sun.
London, England, 1857-10-27 00:00:00

LONDON, TUESDAY, OCT. 27, 1857.

At length the grand assault has taken place !
The British standard floats triumphantly over the
walls and citadel of Delhi. The stronghold of
the rebels was completely in our hands on the
20th September, and the spurious Emperor of
INDIA, the mock Mogul, a fugitive from justice,
if he has not already fallen into the hands of the
avengers of blood and treason. The insurrection
has thus reached its culminating point. Hence-
forth the accounts will relate of the just vengeance
inflicted on the mutineers and murderers. There
may, indeed, must still be, outrages of a terrible
character, but they will be the acts rather of
disjecta membra, than of a formidable body—of
scattered banditti, than of an army, capable of
opposing an organised resistance to any consider-
able English force. There will be parties,
living by plunder and rapine, ready to commit
any atrocity ; but they will be skulking robbers,
daring only against the helpless, and flying before
the face of authority.
It cannot be supposed that this great achieve-
ment was accomplished without fearful loss to the
gallant assailants. During six successive days the
awful struggle was protracted. And the exulta-
tion with which we should otherwise hail the
glorious event, must be largely tempered with re-
gret for the mighty dead, for those who have
nobly sacrified their lives in the cause of their
QUEEN and country, and in the punishment of the
infamous miscreants, who have raised their felon
hands against helpless women and innocent chil-
dren, but shrunk like flogged hounds before
armed men capable of defending themselves, and
of turning the tables against the traitors. Toey
have, however, had noble fates, and their memo-
ries will long' remain enshrined in the hearts of
their countrymen. Their relatives and friends,
to', will have a mournful pride in speaking of the
gallant and brave, who sacrificed their live:: iu the
triumphant onslaught against Delhi.
The contest wag necessarily a fierce
one. The assailants felt tiemselves
aq
instruments in the hands of an avenging
DEITY, whose laws had been profaned and violated
—not a craven thought could enter into hearts
steeled to achieve a glorious victory, or to nobly
relinquish their lives. Oa the other side, the
rebels literally fought " with halters about their
necks." They well knew that no mercy could be
expected,'and they possessed the spurious courage,
excited by despair. Tae conflict lasted from the
14th to the 20th September, and it was not until
the latter day that the victory was completely and
irrevocably achieved—that Delhi was actually in
tit) possession of the British troops. It is said
that 50 officers and 600 men, had been killed and '
wounded during the desperate struggle. We fear

that even that number will receive large additions
before the final accounts are completed. Indeed,
the Times' correspondent speaks of the British
loss on the 14th September alone as 600 killed
and wounded, and there must have been a long
catalogue of casualties, during the five succeeding
days of strife and bloodshed !

The accounts from Calcutta, per the Nubia,
state that on the 14th September the troops en-
tered the breach near the Cashmere gate, without
serious opposition ; advancing along the ramparts
to the Cabul gate, where resistance was very ob-
stinate, and our loss severe, and that we were ad-
vancing gradually within the city. The enemy
seemed retiring over the bridge, and the guns were
turned on them. That from Bombay by the Pekin
confirmed the intelligence per the Nubia, adding
that Delhi was completely in our possession on the
20th Sept. (the anniversary of the battle of the
Alma !) ; the loss on both sides very heavy,
but particulars not known ; while from another
quarter, Vienna, we learn that Delhi was attacked
on the 14th, and taken on the 20th, and that the
English remained masters of the whole city. The
latter, which was communicated by the Austrian
Government, stated that " the King and his two
sons fled in female, and the women in male dis-
guise ;" and that later accounts stated that the
King had been taken. It also announced the
amount of our loss as 40 officers and 600 soldiers
killed and wounded thus corroborating the
tidings communicated to the Foreign-office, and
which appeared in our last edition of yesterday.

We also learn that OIITRAM'S force had reached
Cawnpore on the 14th, and had crossed the
Ganges on the 19th to relieve Lucknow. No for-
midable opposition had been offered to this im-
portant movement, there being only a skirmishing
with advanced posts. There bad also been letters
from Lucknow to the 15th or 16th reporting all
well. An assault on the sth had been repulsed by
the garrison with great loss to the assailants.
From this we may anticipate that the next mail
will convey the glad tidings of the complete relief
of the gallant garrison, and of the numerous non-
combatants who had received shelter and protec-
tion, under their care. A load of anxiety will
thus be removed from the national mind. At
Agra, too, all was quiet up to the 19th, so that
in all the more important points everything was
going on as well and satisfactory as could possibly
have been desired.

There have been some trifling manifestations of
further disaffection. The following are the most
important :—" A conspiracy having been dis-
covered among the gunners of the 21st Regiment
of Bombay Native Infantry, they were disarmed at
Kurrachee on the 14Lh of September, the men
having organised an extensive plot to murder the
European inhabitants. Eighteen of the conspi-
rators were summarily executed, and twenty-two
transported for life. At Shikrapore, in Upper
Scinde, a disturbance occurred on the 23d of
September, the Native Artillerymen having seized
the guns, but were soon beaten off by the loyal
portion of the troops. An attempt was also made
at Ahmedabad on the 15th of Septemberto create a
mutiny among the 2d Bombay Grenadiers, but
the ringleaders were seized before they could
carry out their designs."

We also hear that Saugor and Jubbulpore were
threatened by the Dinapore rebels under KOOER
SINGH. We may, however, trust to the energetic
Major EYRE, to render a satisfactory account of
this miscreant. We also learn that a wing of the
4th King's Own had arrived from the Mturitiva,
and been despatched to Kurracbee. A portion of
her M.jesty's 95th had arrived from the Cape,
and the rest daily expected. All is quiet in the
Punjaub and the Daccan. The Bombay and
Madras Presidencies also tranquil ; and her Ma-
jesty's ships Sanspareil, Shannon, Pearl, Penelope,
BeElsie, Himalaya, and Adventure, are at CAI
cutta. The steamer Thebes arrived at Gall() with
part of the 38th Regiment, on the 31 of October.

The only alloy to our satisfaction is the follow-
ing :—" A body of insurgents, who were threaten-
ing Gaya, had been dispersed by a small force,
chiefly composed of Sikhs, under Major Bartray.
The rebels had, however, crossed the river in hii
rear, and, reaching the town in the evening, had
liberated the prisoners from the gaol, and took
their departure next morning. A small number of
Europeans who were entrenched in a bungalow,
were not molested." But this is slight in com-
parison to the glorious result so ardently looked
for by every English heart—the destruction of
Delhi, the overthrow of the octogenarian
usurper, and the all but certainty of the speedy
relief of Lucknow.

Since writing the above we have received from
the Foreign-office the names of the officers who were
included amongst those injured more or less se-
verely in the contest. It will be seen that Gene-
ral NICHOLSON, Major JACOB, and other
well known officers, are amongst those
whose names will be entered on the rolls of Fame,
and who will find a monument more enduring
than brass in the memory of their grateful
country.

The bullionist organ has made a great disco-
very. It announces that " the entire suspension
of specie payments by the New York and Boston
banks is the most satisfactory announcement that
could have been looked for," and that, " had the
step been taken a fortnight earlier, an immense
amount of ruin might have been averted 1" This
is a candid and a valuable admission. It shows
that even the Times itself has abandoned the
OVERSTONE OT MERCATOR doctrine, that " a re-
lax ttion ought only to take place in the last ex-
tremity, when the danger of general confusion had
become imminent." It now begins to sea the error
of its ways, and warned by the New York ex-
ample, where the banks have fallen in consequence
of the reckless sacrifice of the commercial com-
munity, perceives that the panic may be permitted
to go t3O far—that the moneyocracy may be in-
volved in one common ruin with their intended
victims—" the Engineer hoist with his own
petard."

Surely, then, the same remedy which, according
to the Leviathan, liits proved so effectual in New
York, might be judiciously applied at this side of
the Atlantic. It tells us that there the effect of
the suspension " was instantaneous." Every one
seemed to feel that the ordinary channels of
business would forthwith be restored, and that
from that moment the progress of reclvery would
commence;" that "everything was going on
quietly, and that all excitement had passed away."
Adling as a comment that " this result was per-
fec ly natural. 'rue iacmvertible piper of the
banks would now circulate at a value in proper-
Von to tie discretion with which it might be
issued, and supposing it to be kept within close
there is no reason that it should fall much,
if at all, below par."
The above confession embodies all. for which
the anti-bullionias have long contended. We
have asserted that with inconvertible paper money
issued within discreet limit.' and on abundantly
sufficient security,
there will be no danger of its
falling much, if at all, below par. In fact, its 0)
falling would be a far more effectual mode of pre-
venting the continuous drain of gold, than any
in,;v2ase in the rata of discount, however rU.1110114

to the internal trade and commerce of the country,

while the former would have but a very trivial effect
thereon. That internal trade was never
more prosperous than when there was an adequate
supply of inconvertible paper money, and that
notwithstanding the depressing influences of
economy, taxation, and heavy Government loans.
Here, too, the game is beginning to produce its
results. The Liverpool Borough Bank, although
perfectly solvent, had been obliged to apply for
assistance to the Bank of England. The claim
being perfectly legitimate, and the security unde-
niable, was favourably entertained by the Direc-
tors. But on what conditions ? Simply that the
Bank should wind up its affairs, and discontinue
business ! ! Hero is an establishment with
950,0001. of paid-up capital, and a reserve fund
of 101,2021. compelled to discontinue business.
Great banking facilities will thus be
withdrawn from the Liverpool community,
and there is nothing to supply them.
The Bank of England seeks to swallow up all the
minor establishments, to render its own mono-
poly still more grinding and oppressive to the
people. Other large failures are also reported,
and it is impossible to say to what an Extent
matters may proceed unless a Government letter,
similar to that of October, 1847, be forth-
with issued. And then, when all the
mischief has occurred, when the panic has reached
its extreme point, we shall have the Times com-
placently announcing that, " Had the step been
taken a fortnight earlier, an immense amount of
ruia might have been averted."
Is it not time that the people should take
matters into their own hands, and not submit as
helpless victims? If Government will do anything,
well ; if not, there may be a monetary revolution,
of which it is impossible to predict the results.

The Earl of Lincoln arrived in Dover-street on Satur-
day, from Wilton House, Salisbury.
The Earl and Countess of Stamford and Warrington
arrived in town from Enville Hall, Staffordshire, on
Thursday last, and left on Saturday for Bradgate-pat k,
Leicester, for the hunting season.
Sir Edwin and Lady Scudamore Stanhope, of Holme
Lacy, Herefordshire, have left Maurigy s Hotel fur
Hastings.
We regret to hear that the Right Hon. Joseph Napier
is confined to his bed at Hazlewood.- .Enniskillen paper.
Colonel de Salis and Captain Phillips Bth Hussars,
left Lfladon on Sunday last for Marseilles, en route ft r
Bombay.
THE PRINCE CONSORT'S HARRIERS.—Tois excellent
pack have bad several days' private hunting is the
neighbourhood of Windsor.
LONDON MODEL YACHT CM:IN.—The next general
meeting of this club will be held on Tuesday, Nov. 3,
at Anderton's Hotel, Fleet-street.

THE SUSPENSION BRIDGE in ST. JAMES'S-PARK.—
Yest4rday the new suspension bridge erected across the
centre of the lake in St. James's-park was opened for
public traffic.
The National Bank of Belgium has fixed the discount
of accepted bills at 51 per cent. ; of non-accepted bills
A 6 per cent. ; and of Treasury bills of all dates at 51
per cent.
The Committee of Mexican Bondholders have re-
ceived advises from Mr. Whitehea i, of the 19th ult.,
from which it appears very doubtful whether matters
will have been sufficiently advanced by the time that
the next packet leaves to expect any remittance sent
by her for the dividend fund.

OLYMPIC THEATRE.—Last evening a new comedietta,
entitled "Dcadly Reports," by Palgrave Simpson,
Mg., was produced here. The incidents are of some-
what too improbable a nature, coupled with the exceed-
lug temerity of plot, to call for more than a record of its
partial success.
Letters from Naples state that a palace is in prepara-
tion for the reception of the King of Prussia, who bat
advised by his physicians to pass the winter in Italy, but
according to the latest account from Berlin the journey
is unavoidably postponed, the King probably not being
strong enough to travel so far.
_ _

THE IRISH MILITIA,—The Waterford Artillery are
now quartered in Kinsale Barracks. The regiment. at
present is only about 400 strong, with 200 women and
children. The Louth Cork permanent staff now occupy
Bandon Barracks. The North Cork Rifles, at present
stationed at Fermoy, are under orders for England.
According to the last accounts from Persia, confider-
able damage has been caused by shooks of earthquake,
particularly the A.tiherbidjan. The small town of
Tesong has been almost entirely deatroyed. In Ge,,rgia
the goer left its bed and inundated the country and
several towns on its banks.
A Berlin correspondent says that the best understand-
ing exists between the Queen of Prussia and the Prince,
but that it is not the same with the Princess of Prussia,
wh has been requested not to appear at P,,tsu'atn,
"The liberal views of her royal highness, so openly ex-
pressed since 1843, have given great offence to the

Qneen.
WEST KENT REGISTRATION.—The revision of the
lists of voters c,nntisenced at Sevenoaks, on Wednoetlay,
the 231 ult., and terminated at Greenwich, on Monday,
the 12th instant. SuLjoined is the result as furnished
by the Secretary of the West Kent Liberal Registration
Association :—Liberalclaims admitted, 613 ; Tory, 361 ;
Liberal gain on claims, 252. Struck off Mr. What-
man's poll, 266 ; Mr. Smith's 202 ; Tory gain on olitc
tions, 64 • total Liberal gain, 188.
THE NATIONAL GALLERY.—Yesterday the picture
newly purchased, at Venice fur the nation—Paul Vero-
nese a "Family of Darius at the feet of Alexander aster
the battle of Issus"—was--with several other recent

acquisitions, chiefly of the Tuscan school—exhibited to
the public at the National Gallery, in Trafalganqquare,
on its re-opening. The paintings of the British school
are also again open to inspection at Marlborough-house.
DEATH OF ALEXANDER LAING, THE SCOTTISH SONG
WRITER.—The Montrose Standard sayA :—Alexander
Laing, the author of many beautiful Scottish
breathed his last on Wednesday morning at Brochin.
He ventered on the publication of his pieces in oue
volume under the title of " Wayside Flowers," and this
has gone through two editions, and a third is now
progress. His "Archie Allan," "Mary, the Maid of
Montrose," and the "Braes of Mar," entitle him to raok
high among our Scottish writers."
EAST KENT ELECTION.—The Sussex Gazette sajs :
"The Liberals at the next election will direct their ar-
tillery against S r Brook Bridges, and the attitude
assumed by Sir E. Dering and Mr. Knatchbull Hugessen
of active hostility will render it necessary for Sir Brook's
friends to buckle on their armour, or he will be tbrawn.
The Conservatives, however, must stand shoulder to
shoulder; there must be no division ; it must I3J fer
Deedes and Bridges' they must vote, and no plumper'
t, secure a favourite candidate."

THE BATTLE or BALAICLANA —Yesterday being th
anniversary of the battle of Balaklava, the officers who
were engaged on that occasion dined together at a epl n.
did banquet at the London Tavern, Covers were laid
for 50, and the chair was taken by General Sir James
Scarlett, K.C.8., supported by the Earl of Lecan,
K.C.8., Lord George Paget, C. 8., Colonela Douglas,
Hodge, C. 8., Conolly, Low, Mayow, Wardlandc,.S;hauated,
and Hartopp ; Majors Jenyns, Bows, and Manley ;
Captain George, Sandeman, Glynn, Hunt, &
Sir G. Wombwell.

The Paris letters mention that the idea of a suspension
of specie payments by the Bank of France finds numer-
ous influential advocates, who are determined to urge it
strorgly, in preference to an unlimited rise in the rate of
discount, should affairs get worse. Tha question is
alleged even to have been discussed at a sitting of the
Bank. Except as a remedy for internal and uncontrol-
lable panic, when it is demanded as a temporary protec•
tion for the majority aga'nst the ra'nority, the step would
oe one of such flagrant dishonesty that it may be hop of
it will be summarily discarded. The Government, it is
said, are determined not to sanction it. At present, so
tar from there being any serious pressure, the best paper
can be negotiated at a half per cent.belowthe Bank
rate of 71 per cant. The movement on the subject there-
fore may obviously be attributed to the hopes of igno-
aorant speculators on ibe Bourse.—Times' City Article.
THE WRECK OF THE ONTARIO.—Oa Saturday even-
ing Mr. Pees,, coroner for Nerfore, held an inquest at
Caistor, near Great Yarmouth, on the bodies of Mrs.
Balfour, the wife of the captain, and of a seaman from
she unfortunate (Maria of S 'nth Shields, lost on the
Barber Sands, with nearly all haeds (23 in all), in the
gala which vi.ited the eastern coast on Thursday nig t
mad Friday morning. The bodaes, which were much
disfigured, were viewed by the juryia the life-boat house
at Caistor, and a verdict of "accidentally drowned" was
returned. The jury at the same time expressed a strong
'pinion as to the neglseted state into which the life-`moat
at Caister has faller. Mrs. Bail iur was washed a-hors
:rono the Ontario in her night-dm's, and a portion of the
crew were probably in their berths when the ship struck
on the sand. Toe eastern coast has not been visited
with such a fearful gale br many years.
THE FORTHCOMING MICHAELMAS TEM —The lists
of rules in the common law courts Err the forthcoming
Nlichselmas Term, commencing on Monday next, Leers
just been ex ihited, and 41i-cl ,se the gratifying fact tha'
there are only 74 in the antes C urt,-35 is the ga see's
Bench, 25 in the Common Plea-a-and 14 in the Exche-
.tiler. The Chancery vacation will tertnina`e on Thur.-
lay next, when the several 411,3,34 will resume bus:ne,s,
the common law vacation havieg ended on Saturday.
reere is a goad dad of business in the Chancery and
common law courts. Tae reforms a late years I ale
simplified the mode of proce lure, and the result has been
are accession of buniners. At common law there is no
cessation in the long vacation, except in pleadings.
Under the ne Bills of Exchange Act, unless a judge
gives leave to appear, an action can ba commenced and
concluded in the vacatior. In the Court of Char csry
there is a cessation except on pressing matters. It is
said that a little more expedition in the offices of the
examiners would be a public benefit. The registration
appeals from the courts of the revising barristers will he
heard by the Common Pleas in the term. The Lord
Cnancellor will receive the judges, itc., at his residenoe,
on the first day of the ensuing term, to breakfae, and
then formally opens the couvte.
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LAT E T NEWS.

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