Unwelcome Financial Despatch being sent by this mail; treasury notes [or bills] at 6% are being issued (and prospective closing of current 4% loan announced) to increase cash balances at Govt's disposal but this will not be enough to make up deficiency of £3 million of the £12 million needed by t...
Reports heavy fall in Govt securities, and counter-measures taken by Bank of Bengal; root of problem appears to be uncertainty regarding Govt's financial requirements and intentions and future level of interest; Govt of India needs to be able to announce maximum sum it intends to raise by loan, t...
Approves Peacock's appointment as Chief Justice of Bengal – gives favourable character sketch of him; suggests no successor to Peacock as Law Member of Governor-General's Council is needed – his work in both the Executive and Legislative Councils could be given to Advocate-General of Bengal if th...
Encloses draft resolution (not present) on raising customs duties; no intention of raising salt duties but cannot afford to reduce or even equalize them; opium duty in Bengal cannot be raised but Malwa opium could be raised from Rs.400 to Rs.500 per chest – 'Bombay will cry out but without any re...
Concessions which might have been made (if question were not virtually dead) to Company's European regiments and their effect on native troops; suggests making 1st Bengal and 1st Madras Fusiliers, and possibly 2nd Bombay Light Infantry, 'Royal' regiments as compliment to Indian Army.
Encloses abstract of claims for compensation which likely to amount to £2 million; should be met from general revenues of India rather than special local taxes, fines or confiscations; no distinction should be made between loyal Natives and Europeans, provided loyalty was something more than pass...
Hamilton having declined seat in Council, Canning suggests Frere, Harington and Beadon in that order, particularly as he has just named Beadon Foreign Secretary.
Encloses Momtgomery's report on his administration in Oudh (not present); question whether statement in Home Govt's Despatch on Oudh Proclamation of March 1858, that confiscation announced therein had been cancelled, should be publicly corrected; as Montgomery's report explains, failure to uphold...