The Sun. — 1860-03-07 (London, England)

INDIA.  We take the following from the Overland summary of the Bombay Times and Standard, of the 9th of February : "In consequence of the despatch from horn of troops for the China expedition, several of the regiments detailed in our last issue as destined for China from the Bengal Presidency have been countermanded, and the following is the present arrangement :—Her Majesty's 3d Regiment gone to China; the 6th, to Benares and Azimgurh ; the Bth, en route to Calcutta for China ; the 37th stand fast at Ghazeepore ; the Ist battalion of the 60th, Fort William ; the 67th, gone to China ; the 73d stand fast at Dinapore ; the 99th, to China.  " In consequence of these changes, her Majesty's 24th will stand fast, and two regiments will be stationed in the hills, one at Dugshai, and the other at Kussowlie ; but the selection is not yet made., The embarcation of such troops as are definitely destined to form part of the force is rapidly proceeding, and we look with interest for some information respecting the artillery from home. All the arrangements are concluded for its transport from Suez.  " The expedition with the Submarine Telegraph cable, which left Muscat on the morning of the 24th of January, completed the laying of the line to Kooria Mooria successfully on Sunday, the 29th of January. We are now waiting with souie impatience•to hear of its continuation to Aden, when India will be almost within instant communication with Europe. " The object of the expedition sent against the Wnrzeerees has been accomplished, and the murderer of the late Captain Mecham has been surrendered, and was taken into Bunnoo on the 22d of January. " The Right Hon. James Wilson arrived in Calcutta on Tuesday evening, the 24th January,. and a Council was held on Wednesday, at which some important financial questions were discussed. A Calcutta contemporary understands that the question of a paper circulation is under considetion in the form of a Government note, bearing a small interest, which would, it is stated, meet the views of the natives on the subject. The effoct of this rumour upon securities is very noticeable in our present quotations of stock, which has gone up between 3 and 4 per cent. The establishment of a bank of issue in this coun• try is a more difficult problem than is generally supposed. The effect of opening such a bank will be to place the Indian currency between two force-pumps—the one in Europe forcing bullion upon us ; the other in Calcutta forcing paper, with the effect of lowering its value indefinitely. " The Lucknow .Herald says it has news from the frontiers to the effect that Jung Bahadoor has suarendered the Begum and her son Burjees Kadr unconditionally, without any stipulations for their maintenance, and that they have arrived at Gonda, and will be sent on to Lucknow. Should this news be confirmed there is no longer any rebel leader in the field of high or low degree in Nepaul. There appears, however, to be a cause for regret in another quarter. The Oude Gazette hears that tidings have been received at head-quarters of ' a feeling of discontent still lingering in the minds of the remnant of the late Company's European troops, especially the Artillery. It has transpired that several of them, in different parts, have been in correspondence, urging each other to agitate for the bounty. To put down this spirit of insubordination, Government has resolved upon some most stringent measures, which the ringleaders will be shortly made to feel.'