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r the sake of readers totally unacquainted with the subject, it may be as well to make an explanation or two. The East India regiments generally run to pretty high numbers--1000 or 1200. The _high_ commissioned officers, as the captain, lieutenant, &c., are always British; but the _non-commissioned_ officers are always native Hindoos--that is, sepoys. For instance, the _naik_, or corporal; the _havildar_, or serjeant:--even of the _commissioned_ officers, the _lowest_ are unavoidably native, on account of the native private. Note that _sepoy_, as colloquially it is called, but _sipahee_, as in books it is often written, does not mean Hindoo or Hindoo soldier, but is simply the Hindoo word for _soldier_.] [Footnote 61: '_The laurelled majesty_,' &c.:--A flying reference to a grand expression--_majestas laurea frontis_--which occurs in a Latin supplement to the _Pharsalia_ by May, an English poet, contemporary with the latter days of Shakspere.] * * * * * We had, in reliance upon receiving fuller materials for discussion by the Eastern mail _arriving_ in the middle of August, promised by anticipation two heads for our review, which, under the imperfect explanations received, we are compelled to defer. Meantime, upon each of these two heads we shall point the attention of our readers to one or two important facts, First, as regards the sepoy revolt considered in relation to the future pecuniary burdens on the Bengal exchequer, it ought to be remembered, that, if (according to a very loose report) the Company shall finally be found to have lost twenty millions of rupees, or two millions sterling, by the looting of many local treasuries, it will, on the other hand, have saved, upon forfeited pay, and (which is much more important) upon, forfeited pensions, in coming years, a sum nearly corresponding. Secondly, this _loot_ or plunder must have served the public interest in a variety of ways. It must have cramped the otherwise free motions of the rebels; must have given multiplied temptations to desertion; must have instilled jealousies of each other, and want of cordial co-operation in regard to the current plans, and oftentimes murderous animosities in regard to past transactions--divisions of spoil, or personal competitions. Thus far, if nothing had been concerned more precious than money, it is by no means clear that the _public_ service (as distinct from the interest of private individ
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