The Sun. — 1858-09-20 (London, England)

SINBAD---a change that would be hailed with cordial approbation by every disinterested and unprejudiced person when there was no difficulty or distress, could not possibly be introduced at a season of distrust and panic. The introduction of really national notes, recoverable in payment of every duty, tax, and liability and of convenient denominations, would be just as beneficial to the country as if an equal amount of bullion had been dug up in the heart of England. This is, or at least was, the doctrine of Mr. JAMES WILSON, and yet he has been an assenting party to the report of the Bank Committee to which we have already directed public attention.  The despicable cowardice of the rebel forces in Hindostan has been apparent from the very commencement. Their atrocities were perpetrated at the outset upon the most weak and the most helpless—upon those who were the least capable of resistance. Their swords were brandished against women and children. A single officer was cut down here and there when effectually surrounded by a mob of insurgents. Wherever a few faithful soldiers could be collected together under the lead of ax English gentleman—whether a member of the civil service,. or a wearer of the QUEEN'S or the Company's epaulettes--it was in its effect upon the dastardly Sepoy multitude like the explosion of a bombshell. The swarms of murderers were scattered by the small but terrible apparition. Vengeance was emblazoned upon the banner of every British Regiment. Humanity, justice, right, truth, all lent their aid to strengthen the arm of every avenger of the murdered innocents. Hence it was literally as the advance of a little life-boat through the terrors of a tempestuous sea when General HAVELOCK advanced with his little band of heroes, and struggled on through that wilderness of rebellion to the wreck foundering in the distance—the beleaguered garrison of Lucknow. Had the rebel army possessed anything like an ordinary amount of courage they might have readily made such a stand against that comparatively (numerically) insignificant Forlorn Hope under Sir HENRY HAVELOCK, that they might, by the sheer force of an enormous preponderance, have held it at bay, if they could not actually have expelled it or doomed it to annihilation. Instead of which history will tell the glorious sequel—the survivors of Lucknow cut their way like a flaming thunderbolt through that multitude of insurgents right on to their remote destination. A handful of British troops proved more than a match for a host of Sepoy rebels. To speak thus is to give utterance. to no idle vaunting—it is merely to record a fact that has been again and again reiterated. Additional testimony of this has been afforded by e;rery mail arrived from Calcutta—the latest evidence being by no means the least remarkable. MAUN SING is besieged in his fortress at Shahgunge, in the vicinity of Fyzabad. General Sir HUGH GRANT, with a little phalanx of no more than 3,500 English soldiers, sets forth for the relief of that distant fortress—then surrounded by a rebel army nearly 50,000 strong—an army consisting of 8,000 cavalry and 40,000 infantry, 10,000 of the latter being Sepoys. While GRANT'S force is yet fourteen miles from Shahgunge, the army of 50,000 insurgents breaks up into three divisions, and retreats precipitately. A correspondent at Lucknow writes—" The rebels at Durreabad, 10,000 strong, melted into particles on our approach.* It has been the same everywhere in that miserable scene of rebellion. Nowhere in Bengal have the rebels proved other than the meanest curs when opposed to the merest handful of the troops of the Company or of the Sovereign. Yet even now the most cruel of all the chiefs of the insurrection, NANA SAHIB, evades our grasp, having, according to the latest accounts, retreated with a considerable force, with no more, however, than four pieces of ordnance, safely and effectually within the Nepaul territories. The capture of this nhum an wretch would, without doubt, be better (with a view to the crushing out of the scattered flames of the relillion) than the rout of another army of insurgents. It is earnestly to be hoped that justice will yet track him, and that speedily, beyond the frontiers of Nepaul. When he remains no longer at large we may hope, but not previously, to hear of the triumphal close of Lord CLYDE'S campaign for the putting down of the Sepoy Re• hellion. the