New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-01


Upper India, and even Calcutta iself WA IN no Ut
tie alarm. In short time the entire native Benga!
army WISE in s state Of dissOlution-the SePo!s VINO
had composed it rescrting to Delhi or to the King
dom of Dude, which thus became the chei ioci
Of the revolt. The mutiny Of these native reg'-
ments generally began with the killing OF their Eu-
ropesn officers. and was followed by horrible
atrocities perpetrsted on the women snd emil
dren and al other Europeans who fell INTO ther
power.
A. soon IS news Of this revolt reached Engtsnd'
twenty-five thousand troops were dispatched 10 IN
ds: but in the three or four months which inter
vened before their arrival the English were left to
carry on the war reinforced only by some regl-
ments drawn from Burmab the Mauritius, the Cape
of Good Hope and tho-e destined for The Chinese
expedition. Fortunately the revolt did not extend
into the Presdences Of Bombay and Madras. The
dependent native prnces remained in general faith
full. The English msintained DIM
Guilty in Bengal and the Punjaub. The seat OF the
insurrecton was principally in Central India, on
the upper waters of the Ganges. But the necessity
of keeping detschments scattered all over the coun
try made it very difficult to concentrate any large
force against the rebels 1t soon found that few
or none of the native regiments could be implicitly
trusted, though valuable auxiares were found
among the hltribes on the northernfrontier A body
of English troops appeared before Delhi about the
endof May; but the rebels, vastly superior innumoer
and in possession of immense magazines, and very
powerful artillery--Delhi being the arsenal OF
Inner India-were sbIe to hold out for some four
months. BY the middle of September the Brltl3h
forces having been increased to 10000 men,
series of assaults was commenced, which, by the
Goth, ended in the complete capture OF the city aud
the fight of the rebels, mostly to Dude. In that
district the most frghtul atrocities have been per-
petrated; and while the siege Of Delhi had been
going on. Gen. Hsvelock with very inadequate
forces, had been struggling to advance up the
Gances from Bengal to the relief OF the garrlsons
of CawnpOre and Lucknow In spite OF the odds
against him he defeated the SepOys in several en-
gagements, occupied Cawnpore and partially re-
leyed Lucknow. At the last accounts Sir Colin
Campbell, at the head of part of the new troops
which hsd arrived out from England, was in the
near neighborhood of Lucknow, again reduced to
great extremity. The rebellion was considered as
eaectually crushed, though the complete subjec-
ton of Dude Of which large part of the revoltcd
Sepoys were natives, and which they occupied in
very great force might still delay Cor some tine The
establishment of peace.
Toward the end of the year, however England,
which had stood up 80 strongly against visible dan
gers, found herself in common with all the rest Of
Europe, obliged to succumb to an unexpected enc
my-the terrible commercial crisis, to the COM
mencement of which in this city we have already
referred. Thence like a sort of monetary chol-
era, and, moving with even greater rapidity,
though in an opposite direction, it had spread to
Europe, threatens with . speed equal TO that of
the wind, to encircle the whole commercial world.
At the last adyices this fearful commercial disaster
though checked, at least to its acute stage, in
the United States and England, was raging with
fearful violence in North Eastern Europe and was
also beginning to be felt at the eastern extremity
of the Mediterranean. 1t is remarkable, how
ever. that France, which was supposed TO be
more liable to financial crash than any other
country appears as yet TO have felt the evil least,
while the throne of the Emperor seems to stand "a
firmly as ever.
On the whole, the past year may be set down as
going TO show in the highest degree the narrow
limits of human prosperity and astesching grave les
sons of caution and moderation. Let Us hope that
these lessons may not be dsregarded, and that, if
the New Year finds us sadder than it's predecessors,
the close of it may also find us wiser.