The last news from India is as good as could be expected, and the current there has evidently turned. I met Martin Smith (Indian Director) at Riddlesworth, and had much talk with him about Indian affairs. It is clear that the Company do not mean to submit to be summarily extinguished without a struggle. He told me that with regard to the great subject, the sending out troops by sailing vessels instead of by steamers, which is made matter of bitter reproach against the Directors, the fault lay entirely with the Government. The Directors wanted to send 10,000 men across Egypt, and the Government would not do it. They proposed it formally to the Board of Control, who referred it to the Foreign Office, and Clarendon said it could not be done on account of certain political considerations which rendered it inexpedient, so that if the Directors could have had their own way the thing would have been done. There may have been good grounds for the refusal of the Government, but in this instance the double Government was productive only of a sacrifice of Indian to Imperial interests, and it will not be easy to draw from this transaction any argument in favour of abolishing the East India Company and the Leadenhall Street Administration. _London, December 2nd._--Yesterday morning Lord Sydney received a letter from Lady Canning, who said that although undoubtedly many horrible things had happened in India, the exaggeration of them had been very great, and that she had read for the first time in the English newspapers stories of atrocities of which she had never heard at Calcutta, and that statements made in India had turned out to be pure inventions and falsehoods. Yet our papers publish everything that is sent to them without caring whether it may be true or false, and the credulous public swallow it all without the slightest hesitation and doubt. Shaftesbury too, who is a prodigious authority with the public, and who has all the religious and pseudo-religious people at his back, does his utmost to make the case out to be as bad as possible and to excite the rage and indignation of the masses to the highest pitch. He is not satisfied with the revolting details with which the Press has been teeming, but complains that more of them have not been detailed and described, and that the particulars of mutilation and violation have not been more copiously and circumstantially given to the world. I have never been able to comprehend what his motives are for talking in this strange and extravagant strain, but it is no doubt something connected with the grand plan of Christianizing India, in the furtherance of which the High Church and the Low Church appear to be bidding against each other; and as their united force will in all probability be irresistible, so they will succeed in making any Government in India impossible. [Sidenote: A QUEEN'S SPEECH.]