The Sun.
London, England, 1857-12-10 00:00:00

crippling trade, and tinning the country from a commer-
cial country into one of usurers. It was impossible that
men could carry on trade with 10 per cent. discounts. He
hoped that the Government would, on Friday, instead of
moving a committee, come forwerd with an announcement
that during the recess they would propose a bill that
would get rid of the obnoxious part of the present Act,
that limited under all circumstances the issue to the
amount of bullion in the Bank. (Hear, hear.)
Mr. PHILLIPS doubted that the currency had any
to do with the present difficulties in theconntry. In
America where a paper currency existed, and in Hamburg
where there was a metallic currency the same difficulties
had been experienced as they had witnessed in this coun-
try where there was both a paper and a metallic currency.
The disasters complained of had no reference to the cur-
rency, but in natural causes over which the Government
had no control—he believed to an excess of speculation.
The only remedy was to be found in a conviction by the
people of England that the terse saying of the Duke of
Wellington was a correct one, viz., "that high interest
means bad security." (Hear, hear.)
would Mr. BAGmamake
Wn
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ih as
ht tbhaen
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eemn t.
It was the duty of the country gentlemen of England and
Ireland to restrict the jobbing propensities of Joint-Stock
Banks to pay large interests to the injury of the commer-
cial community.
After some remarks from Mr. KIRK,
Mr. ADAMS asked the Chancellor of the Exchequer to
give the house an indication of the pressure put upon the
Government for the issue of the letter.
HmAerbEerLhLaodßbeoefnthine EbiXs
pCilla,EoQoUn Eallpsareivdiotulisatocif.
theT The CHANCELLOR
casion he would have heard that he (the Chancellor of the
oftEh xetchihsees quGue
Government,
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rt
nhh
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ent att,ne
and
:lei pr
des
their
he eded ier
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er:
youf eostnthi
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cyr
tesss.t; statingbe
Go-
vernment tayt
looked at the authentic position of the Bank of
England, and received daily accounts of their financial
position. (Hear, hear.) No pressure was put upon
the bank by the Government, and the Government might
have withheld the letter if they had considered themselves
justified in doing so. No person complained to him that
the Bank had refired discounts, but that it had virtually
ceased in London except at the Bank of England. It could
not be expected that the Bank of England could discount
at a crisis without discretion any more than at other times.
He justified the Government interference, as exhibited in
the paper on the table of the house, and it would be found
on a reference to thorn, that on the 11th Nov. the notes in
the Bank amounted to 9h8,0001., and on the following day,
the 12th, 141,0001. The letter was not signed until after
three o'clock on that day, and could not have readied the
city in time to influence the operations of the Bank on that
day. He left it to the houso to judge if that state of things
did not require some interference on the part of the Go-
vernment. The right hon. gentleman denied that the Go-
vernment were influenced in the issuing of the letter, as bad
been stated, by the knowledge that a deputation were about
to wait on the Government, from Liverpool, or any other
place.
After making a verbal alteration in clause 1, as sug-
gested by Mr. Gladstone,
The bill was road a third time and passed, and ordered
to be taken to the House of Lords.

GENERAL HAVELOCK ANNUITY BILL.
This bill was brought iu, and on the motion of the
Chancellor of the Exchequer, was read a first time and
crdered to be read a second time to-inuirew.
The house adjourned at 3 o'clock.

THE INDIAN MUTINY.

" Further papers" (No. 5) relating to the In-
dian Mutiny have been j ,st laid before Parlia-
ment and printed. These papers cover a space
of some 100 pages, and consist exclusively of
formal letters from the Governor-General of India
to the Court of Directors of the East India Com-
pany, enclosing copious local details of events
already known, the dates of the narratives ex-
tending from the 15th cf August to the 7th of
October last.
We gather from a perusal of these papers,
that it was found necessary repeatedly to censure
the Commissioner of Patna for the meagreness
and unsatisfactory nature of his reports and
the repeated non-fulfilment of his reiterated
promises to furnish detailed information of imports
ant acts and events, many of which are to the pre-
sent hour unexplained ;" for his keeping the Go.
vernment completely in the dark as to the grounds
and intentions of seine acts of a very questionable
nature, and for his general gross inattention to the
directions of the Ueutenant-Governor to keep him
an courant of every event of moment. The Col-
lector of Chupra.li was censured for quitting his
post unnecessarily, and for the exhibition of
a discreditable degree of pusillanimity. The
rising at Patna on the 31 of July is thought to
have been of a purely religious character ;
the cry of " Deen, deen," was raised, and the
property of the Catholic mission was destroyed,
but was nothing stolen or removed. The Burkina-
dames (in the Burdwan division) are stigmatised
as hopeless cowards, utterly useless for protective
purposes. The Sikhs of Soree behaved remarkably
well, and volunteered their aid most freely and
gallantly. It is stated that at Patna a plot was
rife for months before the revolt, and that money
was distributed and men regularly paid to excite
the people to fight " for religion and the Padi-
shah of Delhi," while the letters found in Peer
Ali's house disclosed an organised Mussulman
plot to re-establish Mussulinau supremacy and
to overthrow the British Government. The Patna
rising was directed (as it is thought) from Oude.
On the 30th of June the Lieutenant-Governor sub-
mitted to the Government a proposal for the im-
provement of the police of the lower (Bengal) pro-
vinces, and on the 17th of July his minute was
(in the district of Behar) partially carried out. In
the Patna division there was a " religious" diffe-
rence between the Mahonaedans and Sepoys as to the
day for the outbreak of the revolt, the Dinapore
mutineers wishing for Sunday, and the Mahome-
dans for Friday, their own sacred day, which latter
was selected. The abandonment of the out-
stations in the Behar division (in the last week of
August) under instructions from the Commissioner
of Patna, Mr. Taylor, was strongly disapproved,
and censured as " disgraceful" by the Government,
and it is further stigmatised in these papers as an
" unfortunate, unnecessary, ill-judged, and per-
haps disastrous step." In the case of Gya, it was
" utterly without excuse or palliation," and the
Commissioner was at once instructed .to revoke
his orders. Mr. Taylor was, in the sequel, removed
from his post. The courage and good conduct of
Messrs. Money and Hollings at Gya are warmly
acknowledged. The gallant defence of the garrison
of Arrah comes in for a fair share of notice ; it is
of course anticipated by past reperts. Captain
Sissmore's strange flight from Chyebasea, which
was then left to the protection of the Rajah, is de-
nounced as " derogatory and unnecessary," so
much so that his services were placed at the dis-
posal of the Commander-in-Chief, and he subse-
quently resigned his civil appointment. The Rajah
of Doomraon, in spite of his protestations, is looked
upon as a " time-server," and he was to be closely
watched.
On the 16th of August a fellow calling himself
the " Bishop of Bagdad," but whose real name is
Syed Hossein Shubber, was lodged in the gaol of
Calcutta. His letters and papers proved that he
was connected with the ex-King of Chide and his
Minister Ali Nukkee Khan. The prisoner forth-
with prayed the Government to inquire into his
case. A large sum of money, with trinkets, was
found on his person. The Mahomedan Associa-
tion at Calcutta behaved admirably during the
late Mohurrum, and forwarded a loyal address
to Government at its close. Mr. Horne, the col-
lector and magistrate of Azimghur, has been cen-
sured for his want of energy in allowing the head
station to be insulted for days by a rabble of armed
insurgents. He was to be replaced by a better man.
There is a short correspondence between the Govern-
ment of India and the Company on the subject of
the late press law, which the Company appears to
have approved without entering into the general
question of the freedom of the press in India. The
late successes at Delhi and Lueknow are briefly
alluded to in a despatch of the 7th of October, as
to be noticed in the " Military Department." Such
are a few of the more salient features of these
papers, which generally refer to matters of local
detail.