The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-29
improvements, hls Ao..as Of spade woala be dr.xn

improvements, hls hcsrds Of spsc,e would be drawn
Sir when tho Esst India Company by their niTepre
senaons Induced their undholders 70 nanGsr heir IN
thai the tine would come hal they would be unable TO
raise theY OF the destruction Of all con IL
dor CO In their financial inkgfty, and shAs omo mas no
arrived
The Inability Of tho company now 70 negotiate loan
does siae nom po tosi events for The population
In die bad intended 10 join Tho neers hcy wouli have
done tho 8st August the annfve,syy OF the groat
kshcneoan fesys and that day has paseed II 10 nov
ths, Iho suppression OF the mUDy ~l promps ~ "
outb'etk sudden snd ira, B. tish supremacy Sili
fepeeicrih os more cor sAin than ever,
Tho ubnAted do not know tho real financial condition Of
10 company, nor oan IL bo asoorained from their pno
ish cd ftp0rs beoaune no confidence can oe paced In
u 10 losa nsnsac,icns Of the lss, u 90 years
canros believe, however, thaA b 20 dsspsrAss a.
ne'al,y nppoied Tho government receira from sno
Preslderces OF Madras and Bombay, from Loser Bengal
and frcm tho opium disYo.s, rnok an.c.ed
BY ne recent revolt me pecuniasy mschlef inaioed !.
chiefly ned h. Upper lndis wbioh has yielded
any large surplus to tho Iadisn squer The esp
ditcro has been mary equal 70 the receipts and now
d. nre II ne 70 an squivslens, kas 10 approximate
extent
ssl under .hs mos, favorable vie. OF e1i..,nr c-ou
anres. 10 70 DO feared tnaI .he Company viii require
considerable smouDt Of money 10 enable them 10
tx'Repots OF the presens crlsts.
But the rnmccessfu atk mp's OF he com ANY 70 rsW
brer cent loan in India somo two since has proved
heh ability to obtain money upon their own credit snd
hs TO be supposed that any d nilar aempt upon me
Eorouesn money market would DO equally unsuccessful
K hes been sugsered by thst ths comrany might
Obtain nes caD he'e under m imperial guAraatec, but
this would be very uIdesirAbls.
How then, sSe existing dl ,ulty TO be surmcun.eta
woIh suseca. thai the company be author zed 70 N
tract Ian In India for limited poriod. under tho gus
TaIee or Tho BIisb government, for ample amount,
and upon such condiicns shall lnsure
Nor neeo there be any risk scured by this guarantee,
for India ID In beth nsan iai condition than any Eiro
tesn seeing thai The Total Indian deb only
eqva 70 abs ut twice ~ annual revenue.
Besides wheh, upon The 70 essels hment OF tranquility,
the Indian government could cary into effect me syssem
they have been epcstedy urged 70 adopt and by which
they might realize Eeoun.ry, sO0L and political sdvan.
tases Of great and lasting imp0 'arec.
The cunt paid by me Zemindars Of ths per mauen,
settled dSricts Of Lower Bsnsh f3 zoo 900 annually,
rsrzsl nom so 70 500 per cent above e cay men made
by Them 10 The Indian Exohsquer.
By sl owing the Zsmndan in tho permanently settled
OF Lower gal 70 acquire the 'ec simple OF the
land at from 25 70 40 ear' purchase Of their government
rent, fund would 30 raised which would uioe 70 dis
and the sdvsDaseous lnvestment Of the surplus q. moi
admit OF doubt In country where irrigation Investments
yield 10 he oompan, 81 per oen and whsre the govern
ment auaYsntees por cent upon their railways
Under this arrangement the Ryos again would have
oporuny Of purchaspg nom the Zomindars the fec
chka1sry Of their landlords might .aaoe ihsr property
BY subecting 70 sale for arrears Of The
venues, she st tho Same time vast stimulus would be
given tho much needed i'm orovoment OF the land and
exienscn Of ~ cultivation And would observe that In
cGunhy II tho world the natives prepared 10 mako
the Ry ots Of India ana whom d Tscoeotsd that within
she ss century ve oave exported silver 70 ho extent Of
hundred billions sterling . MT country, = di,cul. %
better than tho arrangement suggested
Ind cling the natives OF India open up their hoard
restore their contents 70 general circulation.
Me zsmndars and Ky o. OF Bspgs by her
os the hdaD nnent, and and perpctaate
2 stability The prosperity Of Tho country, ana Tho Oon
Ispsah sdvsedy, nom considerable kno .sdss Of India
krd long experience Of the native character ~hen sase
Indian eni with regard 10 the npon 70
the laws OF succession and oans their subject mill
ave a. apsposI opeSsons ma ,hss II orsr
70 uo suocsss VI the Important sohesI have ahadowed
forth ne guarantee Of lho Imperial L-ghlsuro 10 i'm
perLivsiy necessary for less authority the
pAuve be Induced believe on bis psion irou ali
susss quent taxation Of his absolute freoaold an r
your cbedient seryAns J. T. NJ
From he London Times (uS An,cls). Dot lcl
Thn has been another fAverable day, and N the
from America By tho Ariel. whloh sill delayed, should
s Sos Prov very y .nere ~ w 90 sron1s y hsse
been tf any favsber OF gnude
efsr in London o. the provinces sh2mens Of oar sod
the despach OF silver India have
rhe pressure for Discount u tao bank onnnues heavy
ds OF ,ho week and the large repay meo Of advances
fAlisg due have bos well mes About 900 sovercgns
are SAD to have been w'ndrs.n for ,rAn'msson 70 Nov
despatched vii depend on sny intelligence thai may
be rto<vd 70 morrow. OpBsols Tor money, whioo
hey IAsu rsSsdsa 70 s1 whence on he srs.sss 40 s
The Bank Coert wphcus announcement Of any altcrar
sos u me Term, q discount! .ness vas ss .n rsOovery
ohazes on The pnt Of NE public ~as siill sensitive,
hoEsver, and mo circulation Of . variety Of unfosndsd
sM scis price For tho Ion oS Soysassr hey closed
ai ss @A. After regular hours there advance
count Which ha. us taken Place four fAiurss wsre de-
clrsd, but the raslsc,ins zero no, " very heavy
character Bank stock hf, OF 81 70 2i3 reduosi seys
800 iass bonds, oos 70 So, and ssshsquor bile (,f
which Elooto sore ssAn purchased pubic aoo,ani),
eminent SECURITIES were in demand :, OK psr cant
The nna quotations OF the Frenoa thrse per cents
he Paris Bourse hs even ns ws,o cor 7ec for money,
and co., soc for the snd OF Me moan showing decline
me letters nom Lisbon safe that nasnc,al crsi. I'd
lossd 10 rats Of dsoeuni which vas Is;ey raised from
~ 70 ~ par cent sxpsoed shortly 70 be further ad
rbe rass o, soous. .. Hamburg 10 day has sdvasccd
N FER cent tho passsotioes Of Hamburg with Nes
York lager han ihoss Of e,hsf continental c:
rhs nsx dollars bror ght by ihe last packet have
been sold ai eekd, showing decline Of "a per
Hsss % S.,s ns - aa s ssy.os ~,1 ssS 81 es
bshkers, proofs received 70 besU Of f3os e9L
In the rl-sy ma,tet geueval advance nss Ax n
ciar In good demand me pablo appear have tahsn
he sdvsnaSe Of Me hte cepseciauon IN sbnes 70 make
Tor nvextmcnA 6rtaA Wostefn and OA odouau
excepobslly recedsd Theye . far Aer imp'ovem
In EAst Indian ard Canadian eesoviptons; 1ceong and
Melbourne and osylon verc higher, aat redisscn oc
CURED In Buffalo snd Lake Huron AZ The commence
eni of business French shares aivAsoed bat tho
osyt Of lover prices frSn PAsh relapse took psoe aad
he market olosd with downward tendeucy. tne
rsnsacrors IN American securities continue numerous,
bot prices hare generally sveo v-y; runoss Central
shares, bovcvcs, Improved hncs hare been uule deal
IN ~ John del Rsy rscedsd Ei. In iort ssook baars
here decreased weakness, sad deonss OF fi 90
csrred In Aoss assia and CITY. In miscelIareous 20
cuyiiies there vm . recovery Ia Eeorio rele
graph and Esropcsn and American SEAN; tas DIS
count ccnpasies sho iDrroved, and > reduction TOOK
race IN Cvyssl pslSoe and Poniusrlar ssd o1suAl
ITrm he London Pcss, (usy Article Oct 10
ro-osy being ihe day when tho paymsns OF me dirs
epon the psst mon,hs acconnt ososos became
dve he cncr of The dealers has ohiey oco-pcd
10 trrspg neu Transactions 70 nnal olrs - fay ~ he
ls,i st opsr ations concerped. vW expected
ihAs a c~ Ny would arise In ths quidaiion ef
account, and scsry 70 have 70 report tnat thrve
6eaers have made d fAnn, In addiuos 10 the prrv
ously ofed Ibe customary icurc Of ihsiv accounts
been made without pvoducsg any material cneos upos
he oAsuons although IN The sssrtgse The nsbi iucs
10 be rather large Toe deter musuo1 OF IN.
eo~s 81