The Sun.
London, England, 1857-07-16 00:00:00

ii1(4.11 WATER AT LONDON BRIDUR.

Tins DA'-7- torn„ 24 win. aft. 8 —Even., 59 na!n aft. 8
To '-in?now—,Morn. 31 min. aft. 9 —Even., 6 min. aft. 10

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THt WEATHER—SUN 07BIOE, JULY 16.
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6:i -lorest, thi's morning sncl during the night.
71 -this day aL unoa.
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in despatching the regiments destined for the 1
service, so that they may appear on the scene of
aeLion at the earliest possible moment. The
delay of a single week, almost of a day,
might increase the danger a hundred fold, and
induce parties, now hesitating, to commit them
selves irreparably on the side of the mutineers.
The fate of the Anglo-Indian Empire—the
lives of our brethren now quartered in the out-
stations—may depend on the promptitude and
activity displayed within the present week. Much
has already been sacrificed on the shrine of " red-
' tapism," but more may now be lost by a rigid
adherence to routine, then on all previous occa•
siona. We have the troops, and we have adequate
means of conveying them. The regiments ordered

out can be assembled at the ports from whence
they are to embark within a very few days, and
we have screw steamers, which could be made
available within the time. But to do this,
all the Admiralty regulations respecting the
transport system must be altered. "My Lords"
_ .

must act in accordance with the spirit of the age
and the exigencies of the crisis. Any demand
that may be made on the guardians of the na-
tional purse, will be willingly complied with.
Any additional number of seamen will be granted
without a moment's hesitation. But there must

be no " dawdling," no squandering of valuable
time, in considering in what manner our renurces
are to be brought into operation.
We are told that a steam squadren is to start
at once for the Indian Seas. That is a step in the
right direction, and, unquestionably, the steamers
will prove valuable auxiliaries. But it is lard forces
that are chiefly required, and there is no reason
why every vessel should not also convey a due
proportion of soldiers or of marines. The delay
would be very trifling, and the contest must, from
its very nature, be fought on land, and at some
considerable distance from the sea coast.
Lord CANNING has, it appears, very judiciously
adopted means to intercept the troops already
despatched for China, so that he will the sooner
obtain the co-operation of a trained body of men.
The magnitude of the emergency fully justifies
the step. They are, it appears, to be replaced by
Marines, who are peculiarly qualified for a struggle
auch as that now taking place in the Celestial
E npire. This is also right. But everything
depends on our transports, and under the circum-
stances, we believe that there is not a single
officer or sailor in the Royal Navy who would not
cheerfully submit to any inconvenience to render
their best service to the nation. We fear not that
they will discharge their duty l It is the Admi-
ralty Board that must be kept up to the mark—
, hat must be stimulated to exertion. The screw
frigates, aye, and the gunboats, can do all that is
required, and if the work is not performed, those
on whose shoulders the responsibility of the
failure must rest, will have a heavy account
to render to their injured country. A
day of reckoning will surely arrive, and
that perhaps more speedily than may be antici-
pated. We trust that the Muse of Commons
will not remain indifferent or apathetic, but that
some independent member will ventilate the
question in such a manner as to enforce that com-
pliance with the exigencies of the case which its
vast importance so urgently demands. We have
long directed attention to this subject, and can
safely say that if our suggestions had been acted
on the danger would have been greatly dimi-
nished, if not altogether removed, and we are
happy to find that the Leviathan, as on many
other points, is gradually but steadily coming
round to the views which we have so earnestly
advocated.

We earnestly entreat attention to an article on

the all-important subject of the Currency, which
we have extracted from our valued contemporary
and collaborateur the Derbyshire Courier, and
which will be fiund in another part of this day's

Impression.
The ponderous efforts of the Times to pooh-pooh
the subject, prove beyond the possibility of doubt
that all is not going quite so smoothly in com-
mittee, as Lord OVERSTONE and his disciples desire!
We cannot believe that Mr. JAMES WILSON,
whose able articles and speeches on the monetary
laws, elevated him to the position he now occupies,
can succumb to such a man as Sir GEORGE CORNE
WALL LEWIS. He cannot retract the opinions he
once advocated with such extraordinary power.
He has proved beyond the possibility of doubt
that the use of twenty millions of one pound
notes would be just as useful to the country as
the discovery of gold to an equal amount in the
centre of England, and cannot so far forget
what is duo to his own character and to his
patriotic feelings, as to vote against bis own con-
victions for the sake of an office far inferior to
that to which he might justly aspire.
As the Derbyshire Courier well explains, the
14,000,000/. now nominally issued against secu-
rities might just as well be issued by the Stat,4,
and rendered inconvertible except in payment of
taxation. Indeed, more than double the amount
would be required to provide for the 1,200,000/.
per week required by the demands of the t
lector. The 14,000,000/. is universally allowed
to be insufficient. It might have answered when
our exports amounted to but 51,000,0001. per
annum, but it must be inadequate when the same
trade has expanded to 120,000,000/. Let us
then get twenty or thirty millions of small notes,
which would liberate an equal amount of gold,
and which, as our contemporary justly observes,
would constitute "a basis for our circulating
medium, not liable to be exported or withdrawn."
As we have repeatedly proved, golf ba
hoarded during any national emergency, or s:nt
abroad whenever it may suit foreigners to pty a
small premium for its use. The Banks of France
and of Austria have replenished their own stocks
at our expense. They have found it well worth
their while to sacrifice a few thousands in order to
procure the necessary supplies, while we, by our
unwise and iniquitous laws, are prohibited from
meeting our competitors with their own weapons.
A better feeling is, however, rapidly arising, and
the currency reformers are becomieg more united
in their views, and more willing to co-operate
cordially with each other. This is what is re-
quired. Minor differences must be forgotten, iu
order to concentrate all our forces agaitist the
bullionist stronghold. As the Times tells us, and
We thank it for the admission—" Currency wizards
are to be found at every corner," hard-headed
men who will not, and cannot be convinced by the
fallacies of the OVERSTONE school. They are
assailed in the most sensitive point—the pocket.
They find their profits absorbed by the extrava•
gant and ruinous rate of discount they are com-
pelled to pay, and they are not willing to have
their substance devoured, and themselves and their
families reduced to ruin, to gratify the prejudices
and enhance the already overgrown wealth of the
moneyocracy. This is the time for exertion. A
strong demonstration would now be peculiarly
valuable. We are aware of the influences that are
in operation to keep men quiet, to prevent
them from censuring the craft by which
moneylenders live. But it is a man's
duty to disregard such influences, and to
speak out boldly and intelligibly respecting