ao ee 4 .

34 THE

Cavalry and Ferozepore regiments remained loyal, the fort weight of supporting a domineering set of hungry officials ; rarrisoned by Kure tre i sa! No Kuropean, the banner o! bégotry and intolerance would still waver over t ver, remained outside the walls of the fort. Mr. our heads; but the friends and supporters of Responsible Vr her, the Conmmissioner’s head clerk, Was the only person Government have set us at liberty, aud opened our eyes to ved out of his and his brother's tumily. the villainy 0a deception of # selfish and designing party, lespotie Toryism.

s

} Ops Was e.

pea t we

» . and gained an everlasting victory over ¢

Still these upstarts proclaim aloud, “* Down with Correspondence. Gover seul Allow me to say that many with whom

ve ere renenmonmnrerncnremen huve personal acquaintance huve been pitchfoiked from the potatoe basket to appear before the Board of Edueation, from thence to take charge of schools for which they are too well paid, These remarks apply only to a few teachers who rise their feeble arm of rebellion against our popular Government. | am proud that the majority of them possess common sense, and will not be bribed by any particular party. Arise, then,

| fellow-professionalists all, who are endowed with common sense, who have felt the effects of a Free EJueation, and who are not filled with bigotry, prejudice or partiality, and pro- ‘claim aloud, to the four winds of Heaven, Down with Tory- ism; hasten its speedy downfall, till not a fragment of it may be found remaining, or have a nominal existence ;- @x- pose them through the columns of our public journals ; eradicate their plots; extirpate their political villainy ; and abolish it from the face of our fertile isle; cast it into obli- vion, so that its foul stains shall never rest upon you; do more, if you possess enough moral courage to come forward -undauntedly and say to Toryism, * Stand aloof from us, thou ‘unclean thing; thou art in thy very pature impure; thou ‘hast seattered too much of thy deadly poison among us before

amend the first paragraph of the report, by striking out the | we took the alarm; no longer shall the foul stains of thy words ** regarding certain indefinite rumors alleged by the corruption spot the pure and unsullicd insiguia of | independence.”

Hon. George Coles in his place in Parliament,’’ &c., and ins |

sert the following :—‘* That Mr. Coles, one of the Committee,| Poor “ Cerno” raises bis feeble voice in the Islander about

stated, that Col. Lane, one of the securitios of the Hon. J.S. not being paid a sufficient sum.” What gould « Cerno” do,

Smith, the I reasurer, told him, that at the time of the in- “the beardless youth,” to turn in as much any other. way?

vestigation of the Treasurer's Accounts, in 1846, he had to Neches’ 3° he could: he ld Mat edtae 46 ahabh

pay £500 towards relieving him of his difliculties at that time, | | otning. ne could, he would soon Did adieu

and, therefore, determined to withdraw from being one of the | keeping, and would no longer teach his “ hopefuls how to

sureties of the Treasurer, but was induced by the Attorney | shoot.”

General, who beeame security to him (Col: Lane) against! The Tories cannot, in spite of all their ingenuity, raise

further loss, to allow his name to remain; that about that encugh men here to form an auxiliary to the * Political Al-

time (Col. Lane) had to endorse bills drawn by the Treasurer Jianee,’ nor can they make the tenants of the Selkirk Estate believe that Douse and Bourke can purchase the land before

‘the Government. The people here are now getting their

on bis brother in St. John, N. B., for a large amount, to enable him to make up the remainder of the deficieney. Mr.

‘eyes open, and will believe no more of their absurdities. Everlastingly thine,

——_

To ras Eprror or tus Examiner.

Sin,—Having already furnished you with a comparative statement of salaries paid to officials under the Tory and Liberal Governments, by which it was clearly shown that a greater sum was paid annually toa lesser number of officials, by the old party, than is now paid to office-holders who are responsible te the people ; and that the Tory party, with Sir Donald Campbell at their head, endeavored to deprive the island of its constitution,—I now proceed to redeem my pro- mise of showing how things were managed in the Treasury under the old regime, as will be seen by the Assembly Journals of 1848,

Report of a Committee of the House of Assembly, Mr. N. Conroy, Chairman,—** Your Committee appointed to enquire into the state of the Treasury, since the appointment of Auditors under the Act of 1846, regarding certain indefinite rumors alleged by the Hon. George Coles in his place in Parliament, to be in circulation, unlavorable to the manage-~ ment of the Treasury, have to report,—That they attended at the Treasurytn the last quarter day and found all correct, and that WA uditors state the business since their appoint- ment has n conducted with the most scrupulous exactness.” So much for the report of the Committee.

Now for the reverse of the picture. Mr. Rae moved to

Coles also stated he was aware another person offered £100 sterling towards making up the deficiency,—the Committee having refused to enter into the cousideration of these state- | ments,’’ &c.

Mr. Coles also stated that there were more Treasury Notes | in circulation than appeared in the Public Accounts, and | moved to have examined the Hon. T. H. Haviland, Hon. R. |

Hiodgson and D. Hodgson, Fsq., Commissioners for issuing | : , ae ‘reasury Notes. occupy in your paper, you are at liberty to iasert it for the

Mr. I}. Hodgson, on examination, stated that he had been | information of your readers, who may, perhaps, at the pre- recently appointed Commissioner, and had not issued any | sent juncture, be interested in a brief abstract of the notes, but bad exchanged new for old notes; that he believed | history of Delhi, as given by various writers, previously there had Been issued £300 more than appeared by the Public | Yours, &e.,

= ae oe ‘ £uUe | to the late outbreak. Accounts (Query—W here did this £500 go to ?) to be in cir- | August 29, 1857. Wau. MURPHY. The City of Delhi is situated in the province of Delhi.

culation; bat he-could not give any certain account how the | difference arose. When he became a Commissioner, the Com- |

missioners were called upon to sign £1,200 of new notes, to be) Hindoostan. The province is about 240 miles in length, and sees oy for old eres aad these notes, wie sigeem tee! 180 in breadth—bounded on the N. by Lahore, N. E. by :anded to the senior Commissioners. Sometime after this, he) .~. : c * : ’ (Mr. Hodgson) asked the senior Commissioner if he bad ex- | Serinogur, S. kK. by Agra, and W. by Ajmeer. This changed the notes? He replied, ** Yes.’” And when asked if} territory 8 rude, and but little susceptible of culture, he had burned the oldones? He replied,** No! ! that he had! although five parts of 1t enjoy the benefits of inundation and not received them from the Treasurer.’ He (Mr. Hodgson) artificial irrigation ; yet agricultural improvement has been then asked if the Treasurer had received the new notes ? The almost annihilated by the ‘successive desolating ravages, first Commissioners replied that he had ; and to his (Mr. Hodgson’s) by Nadir Shah, then of the Affghans, and lastly of the great annoyance, nearly three months expired before the | Si Acoties... hin tntdiestalnn an ie ¢ 5.808 eaease dalles: Commissioners obtained all the old notes from the Treasurer. | 7 rs " " a ead | re 35 eS , h sl Sometime after this, and in the year 1845, the Treasurer re- | but In 1814 it was divided into four districts—all to the east quired from the Commissioners a further exchange of £3,000 | of the Jumna, while a district round the City of Delhi was of new notes. On the application being made, he (Mr. | possessed by the British; the country to the south-west by Hodgson) told his brother Commissioners, that as he was the | the Rajah of Alvar and several native Chiefs; and thato, junior one, he would sign the notes last ; and when he got the ithe north-west and south by a number of Sikh Chiefs and aaa Snel eae Daa es ‘other native Princes—all of whom, more or, Jess, were old notes were handed over to him ; but, is surprise, he}, o-1 uy «4s toad 7 i found that the Treasurer had not £100 of old notes, ~ there- | tributary to the British Government. At the present time,

abouts, to give in exchange ; and after frequent application | Delhi is one of the six administrative divisions of the for the notes made to him by the Treasurer and the other | North-west Provinces. and includes only a small portion of Commissioners, (Col. Lane and the late Hon. J. Brecken,) he | the furmer province; the area of which was 8.309 square (Mr. Hodgson) told them that if they persisted, they might | miles, or 5,315,129 acres, of which only 2,410,266 acres are lave the notes ; but he (Mr. Hodgson) would immediately re-| cultivated ; aud the population of this portion in 1846 was sign his commission. 1,488 556, : ‘

_It appears from the above extract the Treasurer,under the} “ye principal rivers are the Ganges and the Jumna Tory administration, could get as many new notes as be Besid tL m his if i al ae heal inl f pleased, and destroy the old ones at his leisure; and this esides its metropolis of the same name, In the north part o accounts fur there being a greater number of five pound notes the provinee, there are, eastward, the large and industrious in cireulation than allowed by law, for | understand several of | towns of Bareilly, Meerut, Shahjehampoor and Kampoor—the them have been paid at the Treasury by an order from the | two former are also important military stations ; aud at Meerut Government; how many more may be presented it is im-/are some very extensive barracks. Previously to the wars of possible to say, but itis more than probable a great many | the eighteenth century there were many other cities of great more are in cireulation through the facilities afforded by the| nore and wealth, but they are now little more than ruins. system above quoted, of obtaining new Treasury Notes on de-| a, ponulation of the whole is estimated at about 5,000 mand and returning the old ones when convenient. 000 re Ci staal a pte aE ee

I have no doubt the Editor of the I—slander will deny the - ame Unity of Delhi was formerly the metropolis of the truth of my statement respecting the Treasury, as he did that | Patan and Mogul Emperors; it is situated on the west bank respecting the salaries of public officers. Few, however, | of the Jumna, in loug. 77 deg 14 min, Kast; lat, 28 deg. place any reliance on his assertions—his efforts being directed 41 min. West. its foundation is dated at three centuries, to the concealment, and not to the spfeading, of truth. (B.C.,) and it gradually rose to such extent and magnificence

I remain, &e., INcoLA. |2°.'° be ranked amongst the first cities of the world; and

““* | this reputation exciting the cupidity of neighboring princes,

, it was so often taken and pillaged that must of its ancient To tux Eprron or tHe Examiner. temples and edifices have been destroyed. It was in early

Dear Str,—Should you be kind enough to allow me space | times a great Hindoo metropolis, under the name of Ludraput ; | in the columns of your journal, [ will endeavour to lay open but Sha Jehan, in the middle of the seventeenth ceytury, to the eyes of a discerning public the undermining, deceitful | made it the chief seat of Mogul demiuion, and such it con- uod unscrupulous actions of the dying Tory party in this part tinued to be for many years. In 1738, when Nadir Shah of the community, in trying to revive their former supporters invaded Hindostan, he entered and pillaged the city, massa- Ly erying down Liberalism to au awful extent, and using the ereing nearly 100,000 of its inhabitants. Little more than utmost of their abilities to impress oa the minds of the public | twenty years afterwards, in 1761, it experienced almost the the ruinous effects of the Loan Bill—saying it will prove such ‘same calamities by the invasion of Abdulla, King of Canda- x catastrophe to the Island, by involving it in irredeemable| har. The city continued fiom this poriod to be subject to the debt,— but thanks to Providence, the people are endowed | Mabrattas till 1-03, when it was taken by the English under with too much common sense to pay the least attention to Lord Lake, and the emperor Sha Allum, who had been their thread-bare villainy. | blinded during his captivity, was restored to the throne which

The principal point in which I intend calling your attention | he held till his death in 1806. He was then succeeded by is the ignorance and ungratefulness of a few of the country his son, Akbar. Delhi, at the time of its greatest splendor, | teachers, who are using all the means that ingenuity can | covered an area of twenty miles. The present city is north- devise, to render the present ministry unpopular,ewho have east of the old one, and is about seven miles in circumference, placed them, actually, in the position which they now hold ;| surrounded on hree sides by walls, and protected on the and these croakers are using their utmost, yet feeble, endea-| fourth by the Jumna, near which it is built. It is still a vours, to eleet in their stead notorious extravagant, worth- handsome city, and the streets, though narrow, contain many less and dishonest men. What are their reasons for supporting good houses of brick and: stone. Among its principal! those Tory men and Tory principles? They are these: buildings, spared by its invaders, are the Mo-que, called the

‘The Tories have raised a universal ery,“ The Teachers’) Jumpa Musjeed, buiit of red stone ivlaid with marble. This salaries shall be raised,” and these poor soft-headed teachers! is considered the fivest structure in India, dedicated to have yielded to their sophistry, and become the victims of Moslem worship—the Cuttub Minar, which stauds 242 feet Joryism—never thinking of the noble Government who bore high, cousisting of five stories, the lowest of which is of fine the burden of the day; withstood all opposition, and finally | red granite, and the upper of white marble. It was built gained a triumphant victory for the tenantry and teachers of by Ajtumash, ove of the Patea emperors, and is meutioned this Lsland. Their salaries may be small, but I for one am by Bishop Heber and other travellers, as one of the finest perfeetly sutistied with it, taking into consideration the ex- structures of the kind in India; the Palace of Shah Jehan treme difficulty of introducing such an unequalled Bill into! is also a magnificent building, surrounded by a wall nearly a the Colony at uil, on account of the headstrong opposition | mile in circuit. Besides the Grand Mosque there are forty

offered to it by the old Tory party, who have opposed almost, | others.of inferior size, and the splendid reaiains of numerous

if not every bill, that ever had a tendency to elevate or en-| palaces, with baths, gardens, Xc., attest the former grandeur lighten the people of this Island; to raise them to the ‘of the place. The city contains some manufactories of standard of British freemen ; to ameliorate the condition of | cotton cloth and of indigo,and is the rendezvous of the the people, either in agricultural or commercial pursuits; in| caravans, which maintain the communication of India with short, they have olfered a desperate resistance, and endea- | Vabul and Cashmere, by which are imported great quantities voured to blindfold the tenantry to any thing that would of shawls, horses and fruits ; the former being broaght there produce so-called beneficial results, or cause them to be dis-|to have borders sewn upon them, and to be embroidered in ore tn society. This Act has not, as yet, come into go’d and silk. Precious sient and jewellery, of good sol ee eT . oe : pas ai | quality, a we be had at Delhi; and the goldsmiths are tion, and will produce the most glorious results of en bill whicl ct at ae pagers = rapeney “TT are wEls Hate Walatdened, ele tn waka ea Vineates tice ee 2 ee citiee, X indotinn eon 3, | d, both to scholars and teachers. liad jeven now, in-the wealth of its bazaars and the commercial the old Tory party still remained in power, we should, as|activity of its inhabj It is di ;

set, be bound by the bands of bondage, —eroaning unde re nh sow oe tae eee distant from Calcutta,

at g under the 960 miles—from Buwbay, 880—from Madras, 1,4

Lot 50, 1857. AGRICOLA.

ie tial

To rue Epvrror or tue EXaMINer. Str,—If you think the foilowing worth the space it will

August 4, 1857.

=o oe +

esp sible |

AMINER.

tion isestimated at over 200,

‘from Lahore, 386. The popula ‘ ed it

000. About three years since a Company was forn ‘London to light this and other cities in India \ Kugineer, Sir D. Darnly, together with a considerable nam her of men, left Kngland for that purpose; but a recen Inumber of the Journal of Gas Lighting informs us tha ‘Sir D. Darnly, the fitters and retort-setters are all numberec with the dead. The Company has siuce sent another Ko ‘gineer and staff, who, if arrived, have perhaps ‘downfall of this splendid city.

Che Examiner.

|

mpimmamaen

CHARLOTTETOWN, P. E. L.,8

sie Pe

TRADE AND FINANCE.

well grounded as during the present season.

cash account even once a month.

or part with it very gradgingly, and at an exceedingly high rate of interest.

This is rather a discouraging view of our affairs, and, it may be supposed, not conducive to the stability of our credit

abroad. But it isan honest view. We cannot shut our eyes

to the fact that we have no such thing as a healthy and gene-

rally enriching commerce in active operation. We must

admit that the balance of trade is dead against us,—that our imports greatly exceed our exports; and that every nerve is strained—every effort used to procure money requisite to meet the charges of the former; while we want energy and capital to strike out of the old beaten tracks, and inaugurate some new branch of export trade. The trade in ships—hitherto a lucrative investment for capital and labour, and one that gave speedy returns—has languished beyond the example of all previous years; and enterprise and activity in that direction are ulmost entirely suspended. Hundreds of thousands of pounds annually flowed into the Colony from the sale of our ships— which soon became distributed amongst all classes, merchants, farmers and mechanics—enabling the shop-keeper to present his customers with a Jarger stock and a greater variety of merchandise—giving the agriculturist a readier and higher price for his surplus prodace, and the artisan a more encouraging reward for his skill and industry. Ship-builders are now not only without their former sources of supply, but many of them, we believe, are hard set to settle up old scores.

To the failure of our ship-building trade, we have to add the deeay of our agricultural resources. The Island at one time enjoyed the reputation of being the granary of Canada, and the garden of North America; but we have now, alas, to look to the store-houses of other countries for our supplies of daily bread. The Collector for this port has obligingly furnished us with a statement of the quantity and value of Breadstuffs imported into Charlottetown since the opening of the navigation in April or May last, which we give below, and from which it appears that nearly twenty-nine thousand pounds is the price that one small section of an agricultural country has paid to its foreign and colonial neighbors for the staff of life. Putting down £11,000 for breadstufis received at the out-ports —and that is uot an extravagant estimate—it will be perceived that we have paid a sum nearly equal to our whole rey ennvefor the bd in a period of about four months, for articles which it might be supposed we were capable of raising ourselves, and for which we have had nothing to give in exchange but the cash. = Wif€n peopie make up their minds to grumble about some publi¢ inconvenience or misfortune, there is always an unlucky individual, or class of individuals, who must be made the ob- jects of their censure and vituperation. Complaints of the hard times are frequently heard coupled with complaints against the Bank—the Directors being held accountable for the general searcity of money. because a few months since they deemed it necessary to the security of the institution over which they preside, to limit the issue of their own paper ; and the Government comes in for no small share of weved, because, money being searce, Treasury Warrants cannot always be converted into cash without a loss to the first holders.

There can be no doubt that the stoppage of a general dis- count business at the Bank, after it had got fairly under way, and when it was believed to be paying a handsome profit to those who invested their money in its funds—~has had a serious influence in checking trading transactions, by making money searce and dear. There was nothing known to the community like the accommodation afforded by the Bank at the outset of its career. Discounts were easily had upon almost every kind of paper; and the 74 per cent. per an. was held to be a light shave, in comparison to the 10, 15 and 20 per cent. shaves practised by the private money dealers. Money being thus easy of attainment, speculation received an usual impetus. Ventures were made that never would have been thought of but for the Bank, and debts were contracted abroad that had to be discharged perhaps almost as soon asincurred. Where was the money to come from? We had nothing to export from which we could expect money in exchange, and there was no alternative but to send away what little specie could be raked and scraped amongst ourselves. The Bank was understood to

its charter to have at least that sum, according to the amount of paid-up capital,—and as it could not refuse to cash its own notes, gold and silver taken from the Bank were made to suppl the ae of bills of exchange for remittances. A drain of this kind, on a new institution, would soon break it up, if suffered to go on; and the only way of checking it was to limit the issue of Bank er. A recourse to this proceeding was no doubt severely felt by many who looked forward to discount days for a relief from their pressing necessities ; but there was no alternative ; it was impossible for the Bank to go on dis- counting—and find its precious metals day after day abstracted in return for its own notes, without bringing inevitable ruin epee et, and others who might resort to it for temporary relief,

We have not space sufficient in our present No. to notice at any length the outcry that has been raised about the Treasury

yarrants: bat we will venture to say that a more silly and unfounded clamour was never attempted to be raised. hat makes the uproar about the Warrants supremely ridiculous, is to find it emanating almost exclusively from parties who are themselves very far from standing A 1 in commercial cireles.

the most malignant type, without stopping to reflect that he himself, and perhaps a dozen of his friends and fellow-partizans

lia with gas—the

witnessed the DOt circulate as ret

EPTEMBER 7, 1857.

fue scarcity of money and the consequent depression of business of all kinds, have for several months been the prevail- ing causes of anxiety with every class in the community. From our isolated position—the partially undeveloped state of our resources, and the want of a general export trade—our com- mercial transactions have always been conducted on a very limited scale ; and grumbling and complaining about the dull- ness of the times, are things with which we are all familiar. We doubt, however, if there has been any period in our history when the cry of hard times bas been so generally heard, and so Old mercantile establishments, as well as small trading shops, sensibly feel the gloom and pressure induced by a paralytic trade; and mer- chants who, in former days, could boast of overflowing tills, and count hundreds of pounds as the returns of a week’s sale—are fortunate if they can make ends meet, and exhibit a respectable Our monied men appear to be ‘*few and far between.’? Those who happen to have a superfluity of the * root of all evil,’’ keep a tight hold of it,

have £15,000 in specie in its chest—indeed it was bound by |

2,

‘**O the Government is quite bankrupt,’’ exclaims a Tory of

as well, are unable to satisfy their creditors to the extent of 3s. 4d. in the pound, and have thousands of pounds of un- liquidated debts they have no earthly hope of meeting. We v ‘should be sorry to point to individual instances—much as 274—and many of them deserve exposure—but we are bound to say

a

.| that there was never a more glaring want of sense and d a | than is exhibited on the part of many Tory merchants—( coupe 'tesy obliges us to retain the appellation )—in raising the themselves and encouraging it in others who are equally sill “| about the assumed insolvency of the Government ys t The Government is in no difficulty to meet its obligations t The revenue for this year willbe found to be more than ual 1| to the expenditure ; and while this is the case there is neds - ger to apprehend. It is true the Government Warrants do idily as they did a few years ago, and with. out loss to the holders ; but that is no fault of the Government Two or three causes can be assigned for the absence of a de. mand for Warrants. In the first place, the interest ig tog low ; it should be six per cent., aa in times of scarcity like the present, only few persons would be found to invest their money at that rate, when they can get a much bigher pricg for it in various ways. In the next place, a large proportion of the floating capital of the country that found a safe, if not a very profitable investment in Warrants, is locked up in the Bank ; and again, the general scarcity of cash all over tho Island enables money-lenders to command more than double the rate of interest which Warrants bear upon whateyer — they can afford to lay out. . ut the Treasury, we are informed, does not now call in the warrants, as was the case in other years. ‘True, the warrants are not called in as formerly, because they are sented and paid without a call. ‘The erroneous Ww is tolerated—and which we hope to see abolished before montbs—with regard to the payment of bonds given for duties, -—defeats the intention of Government with regard to the eall- ing in of long outstanding warrants. According to our present law, merchants are allowed fifteen months’ credit on bonds for amounts exceeding one hundred pounds —twelve months with- out interest, and three months with interest, while the Go- vernment is obliged to pay interest on its own paper, in the shape of warrants, from the moment they are endorsed, which is generally as soon as issued. Now, it will scarcely be ere- dited, but it is nevertheless the fact, which we state on the authority of the department itself, that there were in the Treasury on the 3lst of July last, Merchants’ Bonds te the amount of £29,184 16s. 44d., and more than one half of this large amount will not be payable for over twelve months. It is not possible for any Government to wait so long for the public revenue without serious loss and embarrassment. In no other country is such a system found to prevail; and the time must shortly come, if it is not now at hand, when the

r

giving of bonds must be altogether done away with, or the period of credit upon large amounts diminished to one-fourth of the present time.

But bad as the bonding system is in itself, it is rendered worse by the practice which prevails of allowing merchants to pay off their bonds, after 12 or 15 months’ credit, in Treasury Warrants, with which, in some cases, they are enabled to drive a lucrative trade; and the Government, by an adherence to an unwise practice, is obliged to accept in payment of duties, instead of cash, warrants, often only a few days out, while others that are out for months, and do not find their way to the merchants’ tills, must remain out. We have now a statement before us, from the Treasury, showing the amount of warrants paid in 1856, and in 1857 up to the 3lst July ; and although there has been no call since Februs or March last, and frequent calls of warrants during 1850, for the six months of 1857 there has been a much larger amount of warrants paid off than for an equal period in the previous year. The statement is as follows :—

Warrants paid from Ist February, 1856, to dist January, 1857, £33,146 4 119 Warrants paid from Ist Febru to dist July, 1857, 17,889 3 11

Now, a very large proportion of this £17,889 3s. Lld. were warrants of very recent issue, sold to merchants, in several instances at a heavy discount, and paid back to the Treasury before the ink was well dry upon them, in payment of duties - for which long credit had been given. It is impossible for this practice to continue. Were all our impost duties paid in cash or notes, and paid at short intervals, the Government woald always have ro of ready money at its command for every department of the service—schoolmasters and road contractors would be saved the inconvenience of having to take warrants in pen of their services, when they might prefer another and more convenient description of money—private job in Government securities would be checked—individual loss and great inconvenience to nany who are il] able to bear it, would be averted; and Treasury Warrants would readily sell at par. Our whole system of finance is in a wretched condition, and imperatively calls for legislative action. It will be a difficult subject to deal with ; and there will be strong prejudices, and consideration for private and personal feeling to overcome, before the system can be remodelled. But an alteration must be made. No Government, however stable, can long withstand the inconveniences and drawbacks of the present state of things. We don’t pretend to any intimate knowledge of finance, and have only glanced at a few of the more prominent features of the subject we have ventured to discuss, leaving others that require thought and study for more leisure, or for abler pens.

ary, 1857,

Quantity of Flour, Meal, Bread and Indian Corn, im- ported into Charlottetown, since Ist January, 1857.

ere 00 pAb CERc nt scccccccken ff i nan snne aula se EE iin ee 20 4 a on Bread,....++++0+045 443 bbls. bags & boxes 676 10 0 Indian Corn,....... 1,661 bushels ....... 498 6 O

: £28,716 6 Wituiam E, Crarx, Controller. Custom House, August 20, 1857.

THE HARVEST.

Accounts from all parts of the Colony report not only a favourable, but an abundant Harvest. The general impres- sion is, that there will be more than an average crop of al- most every kind of agricultural produce ; and the universal feeling is, as it should be, gratitude to a beneficent Providence for thus bountifully and opportunely blessing the labours of the husbandman.

nan

THE BENGAL MUTINY.

Tue last English mail brought intelligence that the previous- ly announced rumour of the fall of Delhi had been premature _— that although the several attacks made upon the com- paratively few British troops in position before the fort oceupied by the rebels, had invariably resulted in the repulse of the assailangs with considerable loss to them, yet that General Barnard had not been sufficiently reinforced to justify him in ‘adopting active measures against the city and fort held by the truculent wretches who have so foully disgraced themselves a8 | soldiersandasmen. That their doom has been sealed ere this, we cannot doubt. That summary vengeance has been taken, and that outraged humanity has instinctively vindicated its rights in ‘‘ the wild justice of revenge,’’ no man who has read, jor who shall yet read, the soul-sickening accounts of the atro- cities committed by the mutinous soldiery—parts of which we | loathingly transfer to our columns—can hesitate to believe.

We will not subject the feelings of our readers to unnecessary pain, by editorially reviewing the details of the fiendish acts of which our fellow-countrymen and women have become the victims. Never, during our experience as a public journalist, have we had to lay before our readers anything half so awful ,as the few extracts we have given to-day of the proceedings of the revolted soldiery of the Presidency of Bengal. With this passing reference to the attendant horrors of this (we are happy to believe, partial) emeute, we proceed to lay before our readers some of the causes which, in our opinion, have induced the present disastrous state of affairs ; and in so doing, we deprecate at once and én tote the supposition that our ideas ‘are entitled to any more weight with our readers than they ‘may carry to the minds of those whose acquaintance with the