The Sun.
London, England, 1844-09-19 00:00:00

Discounts.

March, 1832 £2,937,000
1833 1,241,000 .... ....... 2,839,000
1834 1,751,000
1835 2.470,000
1836 2,901,000
1837 11,217,000
1838 3,292,000
1839 3,296,000

1840 4,321,000

The second column in this table does not include
the investments which in the new returns are
classed under the head of " Government securities,"
but are merely private and temporary securities,
embracing East India and City bonds, mortgages,
and advances on Exchequer-bills, stock, &c. And
the sudden and great fluctuations which have
taken place, both in the discounts and the loans or
advances, will clearly show that the publication of
the aggregate amount in one line will afford but
little information. The present apparent disposition
of the Bank of England to extend its discount opera-
tions by the lowering the rate of interest, renders the
subject of much greater importance than in former
periods. However much this omission is to be re-
gretted in a measure which in other respects appears
to be highly satisfactory, it appears for the present to
be without remedy ; and the increase in the amount
of bills discounted, if any, must be estimated from
other sources.— Times.

THE ADMINISTRATION OF SINDE

TO THE EDITOR OF THE TIMES.
Sir,—Your " Correspondent of the Deccan," instead
of giving, asks you for information about Sinde, and
seems to be really in great need of it. He calls
the assembly of twenty thousand Beloochee chiefs
at Hyderabad " a poor affair, and thinly
attended." You may tell him, if you please,
that the attendance of so many wild and war-
like chieftains, even " without their tails," in prompt
obedience to a simple proclamation of Sir Charles
Napier, is no unmeaning proof of the complete subju-
gation of Sinde ; it made the Government better
acquainted with their force, and to a certain extent
with their persons—it gave them confidence—they are
now convinced that no treachery was intended ; a point
which, from their own habits, they could not pre-
viously feel sure of ; and as 1,600 chiefs who had never
before offered any formal submission came volun-
tarily forward on this occasion and made their "sa-
laam" to the portrait of her Majesty that graces the
palace at Hyderabad, such an expression of submissive
confidence on one hand, and power on the other, inde-
pendent of other advantages, can only be designated
as " a poor affair" by simple ignorance or male-
volence. The only apprehension that Sir Charles
Napier would appear to have had about the result of
this congregation, notwithstanding all his praise-
worthy precautions, was, that the chiefs, judging from
their own barbarous usage (or rather that of the
Ameers), might, perhaps, suspect him of intentional
treachery, and disperse ere the ceremony took place.
This would, most assuredly, have produced a painful
and not easily removed distrust throughout the country,
and obstructed its tranquillity. Now all runs smooth ;
former confidence is strengthened; the moral power
of Government is increased; and a certain degree of
personal acquaintance with more intimate communi-
cation is established between the British authorities
and the native aristocracy. As an instance of native
treachery and sense of justice, it may be recollected that
Ali Morad, some time ago, invited certain hill chieftains
to a conference at Sewan, and murdered many. Seven-
teen were sent prisoners to Hyderabad, in the
expectation of their being dealt as hardly by as
he had treated their companions. Sir Charles
Napier was furious, as might be supposed, at this
treachery. He compelled Ali Morad to make them
all the amends in his power, and immediately libe-
rated them in full Durban. A chief amongst them
(Goolam Mahomet Khan, I think, but am not cer-
tain) incredulously asked the Moonshee if he were
really free, and on being assured of it, hastily quitted
the assembly, crossed the Indus, and hurried off to
his native hills, proclaiming the Governor's justice,
and vowing that no clansman of his should again lift
a weapon against the Feringees. When lately, from
some misapprehension of orders, the little failure of
Tait and Fitzgerald occurred at Poolagee, this power-
ful leader instantly offered to attack the chief of that
place, who was his enemy, with 5,000 men, and has,
I believe, kept that robber in continual check ever
since, in which he will probably persevere until the
cooler season enables Sir C. Napier, if necessary, to
go in person against not only him but the whole band