New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-09-05

ba.ueen income and expenditure is yswning WIDER
AID wider from year to year, and no" 'nrea'en' "
,efp.a ever 70 meet again, unless through some
wise and as yet untred policy. AT the Tune 'ne
uutipy broke out the public debt OF India amounted
10 eco COO, 900 sterling During tie two years oi
the instruction if was increased, through Tue
discrepancy between the receipts and expenditures
by E23. COO eco And the year succeed'pg
ia suppression, the deficit wss ns less than H.
800 COO So that in these three years the difference
betw cen the receipts from II. Aslatlc Empire and
the cc.s Of maintaining its government was more
than c35 coo OOO,-more than half the revenue
of the United Kingdom. OF course this WAS added
20 tie debt, which Sir. Charles Wood Informed FAR
lament would reach next year to tlOo, Oooo oo'
very nearly the amount OF tue National Deot OF
Enslsnd at the beginning OF the American "Ar'
And the credit Of the Indian Government Is so 10"
within its own domain, or the loose cash there so
scarce. that proposals for loan of E5,O0O,Ooo-
brought in offers for less than one milton 80 or'
Charles Wood. as the Secretary for lndia, was
forced to come TO Parament for authority to raise
| 8 =
much sruu bling, was granted-as, indeed, Vas ne
ces.sry ipa.much Is John Bull has taken India for
better for worse for richer for poorer He receives
ubsterer fortune che may bring to him, but he must
be responsible for al her debts
The reason Of this financial phenomenon is not
hard to discover. Armies are expensive luxures-
more expensye necessaries Before the mutlny,
tie Indian army consisted of $4,000 European
troops, and 100000 Sepoys, or native troops OF all
arms. Now, the establishment consists of ITO, 600
Europeans and 297 900 Natives. To this are to
be added the troops at the recruiting dePots IN
England. which amount to but $4,000. So that
India has on foot an army about equal to that OF
France or of Austria which are regarded as 80
vast. so dangerous, and so bloodsucking Mr..
Bright affirmed in deb.te recently that the entire
revenue Of Indi. would not more than suffice to
pay the expense Of this enormous force-a fourth
larger than that of the imperial legons OF Rome
which kept the world in subsection or at bay. The
cost of this army has been aggravated BY the
righteous mutiny Of the English regiments IN the
East India Company's service, on being turned
over without their consent to that of the Queen.
Ii Was as outrageous az act of arbitrary power as
if they had been transferred against their will to
foreign nation. The two services were entirely
distinct, and on very different terms as to pay
privileges and time all Of which were in favor of
the Company's troops The attempt to destroy the
contract of the soldier with the Company, and to
compel him to serve urder another with the Queen
Of which the conditions were less favorable, aud in
Sd nd
this was 80 clear that the demands OF the soldiers
have been granted so far that discharges are given
to all who ask it, and a return voyage to England
step which must have greatly infamed the bills
a!abe.
But, beside the cost Of the military establish
ment that Of the Civil Government is enormous,
ard can account for almost any deficit. Tue salary
ard emoluments Of the Governor General are about
f35, co., or seven times the salary of the President
OF the United States. The Judges salaries, and
The pay of all the Civil Servants of the Company,
now transferred to the Crown, are Proportionaoy
ex,raysgant The appointments Of Commissioner
Of the Customs equal to the salary Of an English
Judge, and those of q Member of the Council to
that Of Lord Chef Justice. And 50 through the
whole official body, high aud low. These high
prices we're the inducements to men to rehnqush
England and home for the Indian service IN the
old days, before the golden goose had beea so Of.
ectualy killed in the mad eagerness for her eggs.
But in these hot days of conpstitiOn it is scarcely
possible that men cannot be found to do the work
or less wages The process 5y which the finances
Of India have been thus embarrassed has been
apaa gous to that by which, as was shown last
week, our own Treasury has been depleted
though il 10 doubtful whether India, the land Of
msrves, ever produced such portentous financial
monsters 90 We described. Not sill the
"Hsrpi-. spd hydra. and all mOnstross forms
'T~ix; Airea AID Ind"
could mstc1 tto,e gigantic boodsuckers in Cslif,r
III, VITO r,ceited s; 900 tor collecting Si2 Or
roe scarcely less Typb,plao ieacnes who drew out
80 go toe COLI, etiSg 50 -
The locel government have done their beat 10
tDeet tb- emergency. b. the simple palace. Of fresh
t,1.s. They have not thought OF rctrrncbiog, %
r'unisbDg their oSn emouDent-, or those Ut
tutIr creatures Aud the Hom- Government IL
.'il 80 uncb updrr the old halocinatou OF Indian
wealth that they have SEPT our an Accountant Ia
lok INTO tie fscai sf,irs at a salary Of $500,
sp6 Oh Acru.fy, at one Of fl0 600! As all these
,Dormous expenses have " be paid with borrowed
u.bey, it is obvious that the finances Of Iudis
uust 10 cue time, re,eh compile ,tion o! truly
Austrian intricscy The taxes which the locsl gov.
eminent have laid salt and opium, and those which
they propose to lay 90 tobacco aud hereditary