20 JULY 1872, Page 2

The Calcutta correspondent of the '1 imes telegraphs a report

that Sir William Grey is to be appointed Finance Minister in India. We fear the report is much too good to be true. Sir William Grey is a civilian who, under an old rule of the Company,. was for some years Secretary to the Bank of Bengal, and has,. therefore, a practical acquaintance not only with finance but with, accounts, which just now is nearly as much required. He subse- quently entered Council, and was for five years a very successful Lieutenant-Governor of Bengal. He is known in India to be a man of sound judgment, great determination, and a strong dislike of the financial fidgetting and extravagance which have lately marked the administration. His appointment would give great satisfaction to all classes, but for Sir William, after his career and with his property, to return to India would be a sacrifice which the public has scarcely a right to demand. With him would depart also, though that is minor point, the only man in England fitted to succeed Sir J. P. Grant in the government of Jamaica.