The Sun. — London, England, 1852-12-15 00:00:00

• . • . ‘. ..••' . - . . - . . . . • • _ . . ... TIIE SUN LONDON, WEDNESDAY EVENING DECEMBER 15 1852. . azlyndEhveßd tcaotn; . • COUNTRY MARKETS. the real question upon which he was called on to decide. amount of the house tax or not ; and that what we were (Hear, hear.) I will now pass on to the consideration of t wo grea t branches of revenue, and, to meet a deficiency (Hear, hear.) I will give instances in explanation of that he had frankly answered the appeal of the noble lord, the prospective view taken by the right hon. gentleman. which he himself creates, he threatens to lay violent hands what I mean-clerks in counting - houses - the humblest and it appeared to him that the noble lord was perfectly . • He did this from a confidence that the final result would called upon to do was to say " Aye" or " No" to the ques- After all that had occurred as to this matter, I had a grea t u p on th e f un d s of the Exchequer Loan Commissioners. In clerks in county courts, many of the ministers of the satisfied, although others might be captions. He said that LIVERPOOL.-DEC. 14. be that justice would be done to all classes of the com- tion with reference to the extension pf the area of the tax.- anx i e ty. t o see what was the precise plan which the Govern- fact, the right hon. gentleman has no surplus, either in the established religion in this country, and many of the dis- the Government would go to a vote on the first resolution, At this day's market there was a fair attendance of tow! numity-to" those whom he represented no less than to men t ; eou id i n troduce, and which had been announced as first or second year, beyond what these particular funds senting ministers, have to maintain a pesition somewhat and that they would consideothe de c ision of the committee and country millers and dealers, and less pressure of fres°_, those who were represented by other members around (Hear, hear.) Now, before proceeding further, I should like to know whether lam correct in supposing that all a system of revision of the taxation of the country whi c h w ill ena ble him with difficulty to obtain. (Hear, hear.) ' higher' than their humble means will permit. (Hear, hear.) on that vote as conclusive upon the budget. The resolution •ved American wheat and flour than has been experienc e ' him. we are asked to consent to at the present in the resolution was to produce an immense effect, to give genera l sa ti s f ac _ A n a pp ea l h as been made which has not yet been answered, And, then, with respect to indirect taxation, I have hero a embraced not merely the extension of the area of taxation, time, and contentment and relief to all c l ass e s o f h er as a . b u t w hi c h I h o p e will be answered before the close of this list of 12 articles yielding, in the gross, a revente of but the increase of the house tax, though he would not . Mr. HUME wished to ask the Chancellor of the Exche ester's subjects. I was delighted to see thi s grea t measure debate. I see the President of the Board of Control (Mr. 32,369,0001. annually, which press heavily upon the class I bind either himself or the house to numerical details. d ex urin pe ri g en th ee e d p f a o s r t w es e e e h k, a a rt n i d el a e g a o t oc t l h e e on f s ul um , pptriiveeeedeomf aFnrid.a.s,l ' (per whether the nature of the question before the house we are now discussing is the extension of the house tax from 20/. to 10/. : and that we are not called upon to dis- j et last put before us in a tangible shape, an d i n a manner H e/T i es ) i n hi s place. There is no gentleman in this house have alluded to. The first article is tea and lam quite CoIoneISIBTHORP, amidmuch confusion, said he would was not entirely altered by, his statement that evening, 'd t t t • ' cuss the question of doubling it s amo unt e (Hear, hear.) that precluded the possibility of any evasion on the one who has had Se long experience with reference to the ready to consent to your dealing with the uy on ha , give his support to the budget of her Majesty's Government, current on this day week. Oats being held for a s ___ A being ld per 7 . 01b5., and 6d to 2d , .Per barrel under thgleoseht advance, met with a slow sale ; oatmeal on the spot w ll ' and whetherthe right hon. gentleman would not withdraw The CHANCELLOR of the EXCHEQUER-The case hand, or any exaggeration on the other. It was observed finances of thsecountry. I firmly believe theee is no gen- because th ere. are /mans t o mee t th e reduction. The list and if there was one feeling which induced him to do so difficult to move at late rates and for forward deliver/A more than another, it was that he would not see the Go the resolution, or alter it, so that the house might come b ffi • thi t ' half 11 (H h ) IsT , stands thus :-The hon. and gallant gentleman the member the other night that one Government was very much like tleman now living who understends all the minute details of the 12 articles is as follows - ano th e r, I must say that every budget, whoever may e 0 nonce in s coun rY as we . ear, ear• ow, ' Tea, 5,902,0001.; spirits, 8,550,00014 malt, 5,035,0001.; vernment made war against by a phalanx of men who were ere was no inquiry *thout chang e ' to some clear understanding on the subject, and know for Westminster, without any communication with me, it s prog enitors, bears a strong family resemblance to all I will Put it to that right hon. gentleman whether, with tobacco, 4,486,0001 • sugar 4 175 0001 • soap 1 043 000/ - seeking to climb up to office by no•principles at all, but •3 , . f f 7 • , , f .7 f • f become scarce were ls per qr. dear° th ' • hatever , and prices must be lowelw what was the point upon which they were to divide? He made a complaint, which had also been made before, that o th ers . I see no difference in this. (A augh.) Stripa of all his long experience of finance under different admilli - Post-office, 1,046,000/.,-I include that because the hum- were actuated by mere party feelings unworthy of gentle- h full ut y he l au s p e e h r a l vi oa u d g . Ba w rley and peas were wi . ____„ had no objection to the principle of extending the house su ffi c i en t no ti ce h a d no t b een g iven to the country of the the repeal of the malt tax and hop duty, and this question strations he has ever known a budget opened to the house bler classes are relatively mor e i n t eres t e d i n it th an th ose men and of that house. tax, but he opposed the course now proposed, because no me es of Gove ent, nor sufficient time given to the of the house tax, about which there is a dispon 'time rather in a period of prosperity with a surplus of 1,500,0001. of ahi her class -corn 508 000/ • ff Lord J. RUSSELL e ressedhimself rfectl satisfied g , „., co ee, 445,000/. ; paper, , . xi) pe y T qu h o e ta re t w io a u s a w sc e arc re e fir ly nd an y y mai dem utain and ' e f d o . r Indian -corn, but late t o. t r y the question whether it is to be doubled or not, and available, which would. create for the first Year a surplus 928,000/. • butter, 167,0001. • cheese, 84 0001. In all, with the declaration just made by the right honourable gen case had, in his opinion, been made out to show that it would appear to me a very reasonablelsudget. (A laugh.) of only 400,0001., to be obtained in the manner I have 32,369,0001." ' • ' • tleman the Chancellor of the Exchequer. (Cheers.) As the debate would be adjourned to Thursday, he trusted the IPSWICH-DEC. 14. That snm is raised on 12 articles of first necessity, which, mee t be house to deliberate upon them. Various representations any addition to the t axa ti on o f th e coun t ry wa s necessary. were made to me from gentleman opposite, and also from house would be prepared to come to an understanding We had an animated sale for wheat, and prices e v e The question of the renewal of the income tax, or the prin- just mentioned : and which, under the most sanguine as I contend, press with peculiar severity in the shape of It was absolutely necessary that they should have some some o f my own friends, to the same effect, and it was sug- ciple upon which it should be levied, would be open to view with reference to the receipts of the second year, Indirect taxation upon that class on which you now pro- t in h b il dibf u t i e t l ic ul o i. d ioj e f l , o toh se let n n po oofb n itei tha l o:i t it , explanation upon the point he had suggested. It would * nose to le.y th i had rather a larger quantity on sale than of late. i ,6 1 1 . t '... quoted fully 28 per qr. dearer from last market day e _ 3 _7 e , gested as a proper thing that we ought to adjourn the de- discussion in detail, but, apart from that, this budget iin wo z ul ir d. l:, yet leave no greater surplus than 400,000/. ? il e o s re ls cm a l t: t o l , t v:h a etr e t t h h e e / i i ii tt e to i r s blec i t: i _ 0 . ii puzzle any man out of the house, and it puzzled him in Thi n s mat te a r y is tit e ncome tax for the first time. It is easy, was in fair supply ; the best samples of malting q ll , 3l , eee " ;: ed a e t . sold freely at late prices, and this trade must he wrltwi bate. When these representations were made to me, I - ey . a( e ] very mu i ?h the t s: i nn w t i o th o t ee rrag e b u llet in s. w l hi s e r i t t iix , howeve , t, ake objections ; but the view I take of the house, to know what was the subject of debate. He right hon. gen eman proposes oe en eop u res. men on o si es o e onse wo bth 'd fth h uld ad t't firm, if not a trifle dearer than last week. No beans 3 did say that I thought gentlemen ought to take into ' n td al •th th h dt• which will leave the Exchequer without any surplus what- -that you should have your machinery op i . . would now etate what he thought of the budget. The right consideration the position in which the Government were I think I recollect he said that these should be the canons ever, and which, as the right hon. member for the Univer- of direct taxation complete and easy of arraneement, and Mr. V. SCULLY complained that the Irish members market, but a demand for them. Peas rather cheaper 0. hon. gentleman had taken a bold course ;he (Mr. Hume) placed ; that, from a sense of duty, we had been forced of the Chancellors of the Exchequer-" All that I would sity of Cambridge hes seld, may shake the public credil, to that you should not make the burden of it heavier than can had had no opportunity of expressing their opinions on the FER QUARTER. rE 3 (1 7 . 1 4 3 :290 wi shed, in some res t h had t k *udicions one. t o b r ing f or w a rd o ur budget at a period of the year exceed- uphold as the golden rule of all Chancellors of the Exchequer its very foundatnp_r . (Hear, hear.) I hope . that, be ore possibly be avoided in time of peace. (Hear.) I agree subject, and hoped that some opportunity would be afforded Wheat, red (old) ... 44s to 52s Barley, grinding ... 278 Z .) ees pec s, e a en a more) hat no tax whatever form it may take, whe- the close of the debate, we shall hear the opinion of the in opinion with the • ht h tl th b • f rig on. gen eman e mem ei or for their doing so before the close of the debate Ditto (new) The declaration of the right hon. gentleman, that this was ingly inconvenient ; that we had not the slightest wish not is, to beware t ther that ofa Customs duty, an acme uy,or a ' E • d t direct im- right hon. gentleman on this subject. (Hear, hear.) I c • • • ambndge University, when he said " You may talk of After a few words from Mr. MACGREGOR .° Into li . 5 r 6 n the sub- 1 , w ite (new) Os to o s Peas 00s .to he a free trade budget, that he had put to rest for to give the amplest opportunity to comprehend our mea post, should in its nature be excessive ;'' and " complete shall not trouble the house with reference to several points militia, of naval preparations ' • • • ,of the increase of artalle ject of the adjournment, the debate was adjourned to Ditto (old) t e 00s ever the vexed question of class politics, appeared to him sures, nor any wish to restrict the debate upon them ; but remission or complete commutation,-these," said he, "are w hich have been touched upon b hon entlemen who have d d e I tho hi that the h • g d. 1 a ed ember and batteries; but if you disorganise your finances and in- IT Th da t nrs y nex . Barley, malting ... 31s to 34s Flour, per sack Oar. Hume) a matter of t importance, if he could onlY that we thought that, under all the circumstances, the the two principles which a fmancial Minister should pur- prece . e m .. .I_lg _ on. an ern m dispose the people of this country to meet their burdens, Several unopposed returns were ordered, and leave was AVERAGES FOR THE WEEK ENDING DEC. 14, 1852. sue." Now, try t p he ho duty by those canons, w hich I for Kidderminster (Mr. Lowe) spoke with great force and all our y . preparations are nothing when contrasted with the given to Mr. Deedes to bring in the Parish Constables Bill. perceive its realization ; but the financial statement of the house ought, as speedily as possible, to come to some con- I think it will be ad- ability last night. (Cheers.) I hold that it is a most ob- • Th h th d . El ' e onse en a journe at a quarter to one o clock. Wheat think sound. As to the hop duty, mischief you have then done." Cheers -sa have our Government was really at variance with that declaration. elusion on the subject. I also said privately, as I said to- . dht th • • f half the duty is exactly, ac- jectionable course so to deal with the great branches of re- , nutte t a e remission o machineu of di t t ' ( .). .'. Y.' Y rec axation ready, for, if the fatal neces- Barley The right hon. gentleman deserved the thanks of the coun- night publicly, that, as far as I vias concerned, I had no cording to the rule of the Chancellor of the Exchequer venue, that in the year in which you make your proposition sity shotdd arrive of protecting the safety and honour of Oats here shall be very little diminution of the recei tof taxes • MARKET INTELLIGENCE. Beans try for the manner in which he had dealt with the griev- objection to narrow as far as possible the issue, and to allow hi mse lf, the most objectional course. Repeal the whole of t , . , P . , this country, you must have immediate recourse to direct a vex. but that in the year next ensuing there shall be an immense ta t • Peas ances affecting the shipping interest. (Hear, hear.) From the vote to be taken, provided we could so agree, upon the the hop duty and you get rid of the entire . charge an el t• f venue M h f• d (Mr L ) ta ion ; and I have that confidence in the spirit of the ________•____ ,f the year 1823 down to the present time he (Mr. Hume) had he übhc would not be fi t 1t• hi hth •ht hon baronet will see con- ation of collection. The loss to t. p . rs reso n ion, w c e rig . re uc ion ore • y on. nen . owe described that system most ad • bl • it is drawin bills people of this country, that if the safety of the nation or ( F 0 L rom, a ondon New Price Current of Yesterday.) HULL-Dec. 14. • never ceased to point out the injustice done to the mercan- very great. The amount received is small ; the vexation . „ ,3 7 , , $ the honour of the nation were in danger lam satisfied that , s hort tains othin •th re ect to the amount of the rate on • d certainl onerous on popularity at a long date, and discounting them imme- the will t f y no re use to, bear any necessary burden-(cheers) Suoan.-To-day there was much more demand for West The trade, under the influence of the wet weather, hos tile marine of this country by existing legislation, and the n gwi sp , , . is peculiarly onerous to the grower, an y . diatel (Cheers.) I mast say that it is a transaction which right hon. gentle n had now laid down principles regard- houses ; but 'does con t a i n a mo st important prmciple-vizo to the consumer. Retain half of it,-I do not thmk that but, bearing it, they will take good care that you do not India eager from both refmers and. grocers, still at the prices supplies of foreign grain, and. bad condition of ert ber sit Ppears to me, is not altogether orth f a Cha ' - ing that interest which he trusted he would carry out, to with respect to the area over which the tax should be ex- will do you any good-all the vexation of collection will a. 11 a- f the Exchequer. (H - _w_ y 0 _ 11- prolong the contest longer than the safety and honour of of Friday merchants were inclined to sell, although supply growth, has been exceedingly firm, and on wheat afu en a his own credit end to the advantage of the country. With ten d ed. (Hear.) remain unchanged ; and then if you let in foreign hops upon ce or o . _ _ ear.) 1 wen remember a the country demand. (Hear.) They will expect, too, that was not more plentiful. Of Barbadoes 250 hhds at auction advance of 2s per qr. has been obtained, with 3 d el t a eech which was made by the Chancellor of the Exche uer a duty strictly countervailing and not protective, lam 8 1) '1 the additional burden imposed on them should be strictly a werd disposed of ; but in some cases a small decline was running more upon good and common reds than on m a t e regard to the question of salvage, perhaps the house were Sir J. GRAHAM-As I understand what has just fallen th Von of direct • • • satisfied the grower of hops, so far from thanking you ee e i wu ~ e , ne and indirect taxation, when he not aware that both the French and the American Govern- leta n dl la c rc i l war tax. There is the experience of 1815 in reference to submitted to ; fine yellow went at 33s to 39s 6cl, and mid- descriptions, or Dantzic. All kinds of sprine corn ( el , c aw from the Chancellor of the Exchequer, it is his wish that for this reduction, will be injured by it. I think, then y d . P 1 Prl iple that direct taxation with this matter. A pledge had been given that the 10 t dling to good 35s 6d to 37s 6d per cwt. Total operations are barley) are a • th t d d l' Wee' t per cen . gam e urn earer, an oa s a bee Intents had ordered that no ships belonging to the navies of t e ; large exemptions ls confiscation. The rieht hon. eentle those two countries should ever can for one single shilling we should not discuss the whole budget ; but that we the truth of the canon of the right hon. gentleman, as e , e property tax should be a war tax, and.no more. Never was 470 hhds and tea. attention of speculators. There was a fair supply of l'i te e 'ye a better illus. f dto thi b• t • man re erre ssu jec aroun the other mght, but he t h efec for.assistance rendered to merchant s hips, and the captains should confine ourselves to the narrow question whether complete remission, could not recei. d t . did not allude to that which f think I heard and which, ere a stronger Ministry than that of Lord Liverpool's REFINED.-An improvement has taken place in the from our own farmers, the condition of which was 3 00 tration than this example of the hop ny. I now / , _ in 1815. The march to Paris had been accomplished, the home trade demand for Refined Sugar, and prices have by the late damp weather, and was not good to sell, i l , c e er in those services were direeted to afford assistance, not only the area of the taxation under the House-tax Act should h • le 1 I uld roceed to the malt tax ; but that subject has been so riving ean , co not forget, that without large victories of Wellington consummated and the British arms ceased to decline although production does not decrease d_ 1 b' le 1 t d fls to '''° ' Ty samp es were ris sa e a an a vance o , . he i e g to their own mercantile marine, but to that of o ther na- • be extended or not. Now, up to the present time, we have thoroughly discussed that lam very unwilling, at this pe- exemptions direct taxation is impossible. Now, lot us 1 • 1 • ' Th te b - ' • times. He thanked the right hon. gentleman for thehltera- were g orioles y triumphant. The people of this country, era s o taaned for brown lumps are 438 6(1 to 448 ; qr., the current rat p • f th d •ptions ,'" fo r tion he had effected here. As to passing tolls, these had been debating the whole of the budget. (Loud cheers from riod of the evening (half-past ten) to prolong a discussion try the plan of the Chancellor of the Exche ner in both es eying or ese esen always generous, but having a great love for the solemn Titters, low to fine 44e 6d to 48s 6d, double 49s to 508 ; 50s to 528 per qr., natural weight 631 b. A good sal e e ,e. these particulars. H • 1 relth been a species of robbery from the shipowner-(hear)- the Opposition.) We have been challenged so to discuss upon it. The right hon. gentleman the Home Secretary tions from t t' ,as he matenally a t te e exem observance of the contracts made with them, said, " This Hombre Leaves 45s to 495, double 508 to 51s • and Stan- foreign, and several parcels quietly taken off the illa r re e r and the right hon. gentleman was also entitled to the it. (Renewed cheers.) Her Majesty's Government said was pleased to magnify me into a great authority upon this exe t• f I loud There is a grea exemption-t, 10 per cent. property tax was a war tax-the war has dard lumps 45s per cwt. To-day large purChases were Barley remains] wesettled, but full rates are P Bl ,l e t e li mp ion o re an . Now, has the right hon. gen e thanks of the house for the alteration he proposed with re- distinct' that the uld t cr fall by the judgment Y ywo san or ject and quoted a prophecy I made in the year 1831. I sub , must tell my right hon. friend the less that is said, now we man accordin to t 1 • • he strict ru es of equity matenall ceased, and so should the tax." Lord Liverpool's Govern- mad.e in Refine(' Sugar for home consumption and prices grinding. Oats are scarce, with a good demand, snee et ' e gard to them. Pilotage was another question of vast im- altered that g y ment entreated that it might be continued for one year improved ; brown lumps selling at 445, and low to fine Is more mone B • h • • ." --e' y. eans are wit out alteration in, _ epe e, of the house-(continned cheers)-and upon t hat under- exem tion ? What is it he ro oses to do ? portance. It was extraordinary that this country should are agreed that the repeal of the corn laws shall not be e .,. . P . , , 1 3 1 3 • more, in order to be able to sum up the expenses of the groceu 44s 6d. to 48s per cwt ,• indeed some parties will but are 2s dearer, with a short 1 The n' ee kes suPP y• have no fixed rules for the t fth t'l standing, issue was joined upon a particular reso- disturbed, the better. (Ironical cheers from the Minis- 11 governmen o e mercan i e e proposes to tax funds and salaries in that country, and war ; but a great majority of this house, faithfull y repre- not take these rates. Crushed Sugar in good demand for market is firm, and ls dearer for some descriptions, _,, es e;.`" -- marine in thi s p ar ti cu l ar an d h e h o p e d now that the intim. Now, if the house will bear with me, I think I terial side.) Many gentlemen opposite would, I think, to leave all the realised property-land and all cha es upon land f f • - ree rom the tax along with rofessional in , . Tg eenting the feelings of the country, opposed the continu- export at previous prices. rather quieter, as is frequently the case about Chrl-st ee e whole subject would be plisced upon a fair, full, and equi- 1 is impossi e narrow e shall be able to show that 't ' • lel to th under present circumstances, be the very . first to desire comes and income derived f ' P • rom trade. The re ht hon. ance of the tax, and it was not merely reduced, but Mannurns.-This afternoon Mauritius Sugar was pnr- time. The rapeseed market is about cleared, sna - er table footing. (Hear.) With regard to the enlistment of . that all prophecies should be forgotten. (Cheers from the abolished in 1816. (Hear, hear.) Now, I say, guided by chased with greater freedom : and full rates were obtained quotations would be obtainable. Rape cakes wer e issue to the question of the area of taxation onl inas- entleman propose t d that which e e that fd. t '- merchant sailors at sea in her Majesty's vessels, he had Y' Opposition.) But I must say this-I have never advocated m g irer of du•ect tit s ° V ° the hon v e n ber foraMoenntrows that experience, do not press unduly your direct taxation for all sorts. At a - action 6,799 bags found. buyers, fine to quired for. actually known ships lost in. consequence of being thus much as the Government will have to encounter a deficit, the repeal of the malt tax. This experiment has often been (Mr.. Hume) thinke xa sO nn e hat toe s n e e n I the sa ein time of peace ;it is your great resource in time of w - ar ; superior yellow at 36s to 395, common to good 35s to 35s 6d Ihe following th t • f • • are e presen prices o gram .- abandoned by a portion of their crew, and an alteration in at least in the second year, unless they are prepared to tried. In the year 1816 a large reduction of the duty took ear by the sam b d ra t w t t vkre.h 11 m. e and I entreat you, on these grounds, to pause before you low and very ordinary brown 25s to 278 6d, better sorts 0. the existing system had therefore been imperatively called meet that deficit by augmenting the house tax. If I mis- place. In 1819, it was again increased. In 1833 I had the 7 . b ' d th e uge, a . one eroe, e proposes to rine own e exemptions in the income tax from 150/. . consent to the resolution now before you. (Cheers.) 28s to 328 6d common to . , good grainy yellow3sB to 38s, and . s s 0 a Wheat, En • h red 49 to 53 Ditto lack 00 0 - els , gray and b for. If there was anything more important than this, it take not, the house tax, as levied at present, yields 700,000/. honour of being in tho service of the Crown, under Lord „,_ _ oe, Sir J. PAKINGTON would not follow Sir J. Graham refining from 32s to 375. ea to 53 a year. The effect of extending the area, and bringing Grey. A motion was carried somewhat unexpectedly for r_.. dth ' to h t f 20/ mut., an e exemptions as ouse ax rom .to . EAST INDIA.-To-day there was more activity in the Ditto white 5O to 54 Linseed, Black Sea... -- 50 was that the manning clause should be immediately re- us Now r llect th t this is a t h f vers- through all the details of his protracted eech but would. Dantzic and Konies- Ditto Petersburgh ... 44 to the exemptions down from 20/. to 10/., would be to levy the repeal of the malt tax; but, in 48 hours afterwards, -.L. a . grea sc eme .or re sP , market for Bengal Sugar, and full prices were obtained, - pealed, and that shiers should have the power of t t" ' taking forei P° bo d (H h ) H gn seamen on ar . ear, ear. e won ld only 150,000/. more ;so that, therefore, without doubline .0 Lord Althorp, the representative of the Government, came mg axa ion in order to do justice to all parties. Take advert to certain points. He denied that there had been excepting for Benares, which went rather cheaper. At berg 5O to 56 Ditto Riga and Arch- se 42 to the tax the effect a the proposed measure would be to down to the House of Commons, with the full concurrence the case of a clerk receiving a salary of 100/. a-year and any change of purpose on the part of Government, but auction 6,003 bgs were sold, and the rates obtained were- Pomeranian and Ham- angel never be satisfied until ships were free from lighthouse dues / livine either in London or Edinbur h. For the first time b h and all other swcial duties whatever. (Hear, hear.) He yield the Exchequer a sum of only 850,000/. But the of Lord Derby and myself and his other colleagues, and an- for Khanr, 26s to 275, ord to mid like Mauritius, 338 to '' .11 ta th ' h t g urged that the resolution before the committee contained 40 t° right hon. gentleman, in stating his balance for the year flounced that if the resolutions were not reversed the fate you we x e income of t a man about 2/. 4s. a-year. D •h H 1 • ame , o stein, and Memel 345, good 34s 6d to 35s 6d, fine and superior grainy yellow wanted to see ships come in and out of harbour free from only the rinci le that the house t should be " dealt per T° 9 ' 18534, and looking also to 1854-55, took credit for ell, he lives in a 10/. house, and you will require him to ._ , P P ax Friesland 44 to 47 taxation and th - en ind.eed, we should. have facility of of Lord Grey's Government was sealed, and that he could 39s to 41s Cel, ord to good 368 to 388 6d, com to fme white 10 0° to ' ' h tition which ex communication. Looking to t e compe 1,700,000/. as the produce of the house tax ; and for the be no longer responsible for the Government of the country. peg a house tax of 15s. Now the clerk living in Dublin with.' (Murmurs.) Government did not intend to carry Benares 37s to 395. Of Madras several parcels were dis- Russian and Odessa 40 to 45 Lins. c., Hull 9/17s 6d _, 40 first year he also took credit for 400,000/. from the Exche- Cork upon the same amount of income will not direct t t* Oats, EngEsh l7 to 19 Ditto fine for. 91 Os to 9 1 'e e isted, and to the danger there was of losing our coasting The consequence of that declaration was that the House of . c ,' axa ion to any undue extent. Referring to a warn- posed of privately at previous terms. At auction 1,200 01 o r e affected either b he ' eta bth ho Ditto Da 'eh e , 0 , trade altogether, our shipping should be entirely free. Why quer Loan Fund, of which I shall say more presently. Commons did not hesitate to reverse its decision. Again, ta x Well h y t th i r n e ra d l o f c Y I . e Te e ing against such taxation, given by Sir R. Peel, and quoted bgs found buyers, soft brown at 27s to 28s, yellow ord to • . 1a Ditto Friesland should the mercantile navy solely pay for the lights The first year only one-half of the house tax comes to be. when the hon. member for the North Riding of Yorkshire, _ i s. t ,on te o e t. n, h , re an pays th by Sir J. Graham, he reminded the committee that if the mid 288 6(1 to 298 6d, com to good grocery 33s 6d to 37s 6d, • • • l7 - dto ' which the Royal navy . equally used.? The mercantile navy levied, and that will leave a balance in his favour of only e f ew . years at eo, proposed. the repeal of the malt tax, I Ina" ax and the tea du res. T e only compensa- and fine 33s to 39s per cwt. Ditto Rumen to 19 Rape cakes ... 1008 0 h 1 bde t •ed h • • had franked the Queen's ships from the maintenance of all 50,000/. In the second year he will have only the addi- voted age' tis resolution ; and the noble earl now ton you give the clerk in England or Scotland is to take off woe u b e were earn ,t e direct taxation of the coun- FOREIGN.-Brown Havannah selling at 33s to 345, low Barley, malting - 000 lights and beacons, and the Chancellor of the Exchequer tional sum arising from the house tax, and will be left at the head of the Government then declared that he did a duty of, say 48. a year from his tea ; and if he drinks ale try would be several hundred thousand pounds lower than to middline yellow 34s 6(1 to 37s 6.1., good to fine 40s to Ditto grinding 27 to 28 Ditto foreign had done a great act of justice in relieving the merchant with a deficit, by his own showing, of no less than 450,000/. not countenance the repeal of the malt tax-that it was he m a ay gain_hy the reduction of duty th the extent of 7s. or when Sir R. Peel used that language. He would not go floretts 401?6d to 41s, Brazil, white 35s to 403, yellow 33s Beau° Service from some of their burdens. The arrangement with V nder these circumstances, is it possible for the Govern- Y u therefore n on the most san ine view, • a branch of the revenue so large that he did not think 8° y. ear , , p g u into the question of the refinement in bond further than to Ditto forei 36 to 38 Bones 100 s to 10 9 - 9 ° : e 6cl to 355, brown 30s to 33s Porto Rico, fine yellow 39s to g u regard to refining sugar in bond was beneficial to the colonies, ment, with any regard to the credit or safety of the coun- it right it should be repealed. But the hon. member for 've him a remission of only 12s. a ear in respect of indi gi t tax t . ' k'.ll y d h th' say that in a few days due instructions would be in the 41s, low to good 348 to 388 '6d, brown 32s to 338 6d, China, ' Peas white and yel. 37 to 42 Rye Meal .................. and was no less so to this country. He only wished the try, or provision for the public service, if they remit half Derby, last night, with great instruction, urged an argu- ree h t a ion, while the cler in re an , w o pays no ing brown 30s 6d to 325, yellow and grey 328 6d to 355, Ma- -- a l hands of the trade Defend' eth Go CORK-Dec. 13. right hon. gentleman would contrive some means for con- the malt tax and the hop duty, and stand by their budget ment that, if I had any doubt as to the repeal of the malt 1 el er t o the income tax or the house . tax, gets a ll equ . . m e e vernment for seeking nilla, clayed 328 6d to 33s 6d, not clayed 308 to 325, Java, . veying labour to the colonies ; otherwise they would never in every particular, to say that the augmentation of the tax, would be conclusive in favour of maintaining it. benefi from your remission of taxat . . ion (Hear hear.) to remit the malt tax ' I 't - • ,he declared that the consumer brown and yellow 32s to 35s 6d, grey and white 36s to 408. Brie. Currency. ton e ' be able to pay the interest upon loans. Havin b • d ; een rume house tax will be sufficient ? But I shall take the liberty (Hear.) It is said sometimes that the Excise regulations Now, where is the equity of this ? (Hear, hear.) si a would be benefited by such reduction, for if only a Foreign Muscovado, low to line Yellow/ 348 nd to 3 ns, and 31 White wheat 25s 3d to 26s 6d Os Od-20 0 by imperial legislation, they ought to be considered. The' of considering this budget in the manner in which I un- are most vexatious • but the hon. member declared that . system founded upon sound principles of equity, and doing farthing a pot were taken off, that would make eieht 119 Red wheat 21s Od to 25s d brown 338 to 345. To-day there were several inquiries , 0 , e hon. member for Cambridgeshire (Mr. Ball) said that free derstood it was to be considered at the commencement of those regulations 11;1. been much improved-that they did t• ll to -11 fth U •ted Kin d ? (Hear ) jus ice equa y a parts o e m gom . after Foreign Sugar, both for shipping and home trade 93 Ditto 25s Od to 25s 6d 25s Od-2 11 w"' shillings a year. He admitted that the Loa F d ''' trade ought to be carried out. Yet 233 manufactured this debate. (Cheers.) And, although we have sat for not interfere in the slightest degree with the manufacture But I may proceed still further. Let us try your new d . nun had purposes, but holders generally refusing to accept last 46 Ditto 25s 6d to 26s Od articles still bore protective duties, and about 42 articles some time during the present session, and, as to direct of malt, and that such was the skill of the growers in the schedules of the income tax. I presumed that, as the been a vantageous in former years, but said that, owing week's rates prevented business of moment. None was 167 Barley l3s 6d to 148 3d • connected with agriculture. Why did not the Chancellor legislation, not much fruit has been produced as the result process of making malt, that if they had a drawback they Chancellor ef the Exchequer attended for two years the to the change in the money market that fund was not offered at auction. 35 Ditto 148 3d to 14s 8d 14s 3d-16 do. of the Exchequer abolish these protective duties ?He need' of our sitting, yet I think our time has not been thrown could export malt. Another argnment was as to the feed- committee which inquired into the question of the income now resorted to. That this debate had been va- COFFEE.-To-day there was more firmness on the part of - Ditto 00s Od to 00s Od not then have added to the taxation of the country at all. away. We have made great progress-(hear)- e -and settled ing of cattle, but the hon. member for Derby said that, as tax and as he had am le time to consider the forms of the holders of Coffee, and none of any sort was submitted to 1 Bere l2s 10d to 00s Ocl Os bil The abolition of half the malt tax was not enough. It various matters concerning which there has been much the law now stood, there was nothing to prevent the far- le ' dul th sta li •ht t t sc e' es as . ey nd, we mig expec o see a perfect rious was not to be wondered at, from the • =gm - public sale. Native Ceylon met.with rather more atten- 911 Oats 9s 9d to 10s ld t de of the b . t b t its do. ought to be abolished altogether. (Hear, hear.) The public controversy. (Hear, hear.) In the first place, by a large mer wetting his barley and allowing it to germinate-that model of equity and justice. (A laugh.) The right hon. n su jec , u confusion arose from the fact tion privately, and good ordinary cannot be obtained under 487 Ditto 10s ld to 10s 4d lOs ld might then get rid of the monopoly of the brewer, if the majority, we are agreed that unrestricted competition, or he could do everything but dry it for the purposes of member for Halifax (Sir C. Wood) has said that he that so many members of Opposition had risen to support 46s Cxl per cwt. There is a better demand for Plantation, 131 Ditto 10s 4d to 10s 7d licensing system were also abolished. (Cheers.) He free trade, which the hon. member for the West Riding brewing or distillation. We have been reminded that thought the schedules had been framed in haste, and large pOrtions of the Government scheme, and had ob- and the parcels sold privately were at full terms, but con- 154 Pi gs 2Bs Od to 36s 0.1 35s Ocl per cwt. has justly said is a shorter and more appropriate term-a erha s without a erfect knowledee of their details and sistecl chiefly of lower qualities. For Mocha there is a dull Quantity sold at the highest prices :- should be prepared to show at some other time that, the greatest brewer in this metropolis, and I believe in P. P ' . P • - • ' . jected to other portions from misapprehension. He felt 17 Saxon term, I think he called it-(hear)-shall be hence- the world, Mr. Barclay, has distinctly said that the . i nn .1. st say I think that much still remains to be done if socially, c'morally, and physically, it was necessary to d 't to be the rule of , regret, not to say indignation, at allegations that the bud- market ; but Costa Rica is more inquired after at previous Il barrels white wheat ;10 red ; 5 barley ; 0 bere ; bring back the people from the else of ardent spirits forth the rule of our financial and commercial policy. effect of the remission of the whole of the duty would jetestice an er a y are h . , t ye e _n r new I Tnn ia- get had been brought forward in a hostile or revengeful prices. On 'Change the sales of Native Ceylon were stated oats ; 6 pigs. to which they had been driven by the high price of (Hear, hear.) We have also decided by a very large only be to reduce the price of porter to the consumer t rens with grdto t - le; inmaalrinaelxu.dedlenes,hcoileriejz, spirit. Members had, he said, no right to make such to be 2,000 bags, chiefly at 46s 6d for good ordinary. Quantity of grain and number of pigs sold last week :l ei. malt. These 233 articles only produced 434,000/. The majority that taxes henceforth shall not be imposed in this city to about one halfpenny a pot ; and there- ra n atevey . :, canals. grenvor , ar e e e .1, msc edule . , charges. After addressing himself to some objections by TER.-Prices for low to good common sound rule at 10d Wheat, 1,505. Barley, 2,166. Bere, O. Oats, 6 / ev for the benefit of any particular interest, but for the pur- fore the effect of a remission of one half the duty would a u t h property in that s h dub wi fpay 7d. in the to lOid, rather blackish leaf to blackish leaf lld to ls id, Pigs, 771. duty on cheese only brought 5,000/. to the revenue. Mr. Cobden, he replied to the warn' g of Mr Gonlb ln . urn ound, while steamboat companies and joint-stock banks and that upon butter 158,000/. If the Chancellor of the pose of revenue, or, strictly speaking, that protection is by only be to reduce the price one farthing a pot. Now, that and others, against endangering the revenue, by denyin strong to Pekoe sorts ls lcl to ls Bd, and new crop ls 9d to PRICES OF BUITER. P in schedule D and t 51d. in the dNo common consent abandoned. (Hear, hear.) Again, we are . , see o pay . poua . . g 22d Pn h • eh • Exchequer had cleared off all these duties it would have remission is not appreciable. (Hear, hear.) An hon. w, that any such course was taken by Government, who were s . o c ong is mu reqmred at 8d to 9*(l. Several .dm CuaßENcr. are agreed that cheapness and. abundance of food. are the what is the greater certainty of capital embarked. in a mine • 80e been a great honour to him, and would have been. received friend of mine has alluded to the case of pale ale, and has bringing forward a large and comprehensive plan, eer- transactions have taken place in Oolong-comm.on to mid. First quality 7 01 with acclamations by the country. (Cheers.) The course mainstays of the prosperity of the great body of the people told us that it may be reduced in price about 4s. a barrel, a lli th • t boat •t t k trankT? oxy ear an in a s ea e m t c e ompany or a join -s . oc tainly for adjusting taxation ; but not for creating a defi- at 10d to ls ld, good to fine ls 2d to is 9d. Sonchong Second quality taken by the right hon. gentleman upon the income tax of this country-(hear, hear)-and, further, it is our and that would be actually a reduction-if it were possible I 'll • , hear.) f t 11, ak the ca t se of professiens. ciency. He should not have expected snch a charge from meets with much attention, fine and good realized ls 4d Third quality 77s Third quality ............... ?,°,, was highly consistent with the evidence taken before the opinion, unequivocally expressed, that this is the result of to appreciate it-of something less than the reduction upon e ve! give you o a t cas e e o .wo persons, lei , le pursuing pro- Mr. Gonlburn, who had been a member of Sir R. Peel's to 2s, inferior and mid. lld to ls 3d. There is no further Fourth quality Income Tax Committee. He thought it a bold step for the recent legislation, and that this free trade policy, firmly porter contemplated by Mr. Barclay-a reduction of some- I e e e serns, of ane , b a h his pjoying abo:et Nue Incomes. _By Cabinet at a time when he Was tampering •th wi the re- rise for green, yet important purchases have been made, Fifth quality 6ss Fifth quality ............... ;"; Chancellor of the Exchequer to establish a distinction be- maintained and prudently extended, will best enable the thing less than a farthing a pot. (Hear hear.) Now, let n 1 2 h s o n o3o/. a w Unlp draWs PIT mepnee from land, an venue of the country. The accusation that Government and the market has a firm appearance, especially Sixth quality s4s Sixth quality ............... el' tween fixed and precarious incomes, because he was opposed industry of this country to bear its burdens, and will most us take the case of the barley-growers. With regard to the a, • _ _ year, and youl . ax hurl Fd. in the pound. A was setting class against class was the most unfounded for good and fine. To-day there was no variation Return of cattle sold for week ending Dec. 11 :- by every one else. (A laugh.) Two Chancellors of the contribute to the welfare, contentment, and happiness of the real barley land, there is every reason why theremission of a ju ge has 5,0C3/. a year also . or his life ;heis in rhedule that •could be , advanced, as the Ministerial plan was in the value of tea, but the market presented a quiet Pigs, 748. Sheep, 186. Cows, 171. Exchequer were prepared to vote against him as well as That uts an end to a eat contro people. (He . ar, hear.) p gr . any portion of this duty should not be desired in the strictly D, and you tax him 51d. in the ponnd. Is this, then, calculated to produce an exactly opposite effect, by putting as ect. Public sales are decl e p ar d for Friday, comprising c o „ . _ Fi oue _Fi rs t , d ' 13s 6d to 14s 6d ; extra, 170 0 / the right hon. gentleman who represented the'University versy-that is the real harvest of the seeds sown in the last barley-growing districts. The effect of the present law is A . P P . your rinci le of equit and *ustice ?. Take another e 160/ y j h d la d•thh . an end to the sense of injustice. He retorted the 18,000 Pk g s • . conds 12s ad to 13s 6(.1 • households 1013 6d to 12s ; thirds , of Oxford. But he was confident the right hon. gentleman six years-and it is admitted by almost common consent, to give the strictly barley-growing districts a premium upon -". 0 e weeo u w receive! , . e a r -year, e c arge on e n t in e s . ere charge upon gentlemen opposite, and excited great mirth b RICE.-To-day several parcels of East India Pice were se ' ' '• 8 3a ' met the common sense of the whole community-(cheers)- certainly by an overwhelming majority, that these are their barley. The demand for barley of the first quality is ' h joi ture, an und . th Governm n proposition arguing from a mistake as to what Mr. Bright had said 'oi y i '' 78 6d to lOs Od per cwt. Meal-Indian meal Ss to 0 _,' sold privately at full rates-common to good. white Bengal, oatarcal, lOs 6d to lls ; m,licat meal lOs t ' o lls Od per ewe; and, happen. what would, he was confident that this dis- the great principles now recognised for our future legis- almost boundless ; the supply of barley of the first qua ity f• s e would be ta,xed 7d. in the pound. We have heard. of a Mr. Moor (gr t 1 ght ) who h 7,000/. yea a previous night about certain agricultural orators having realised 11.8 to 12s. For cleaned. there is a quiet market, India.n co •n, 71 12 6cl' t 71 17 6d. 'er to Bra 5/ tO °I tinction must obtain and become established, with the lation. (Hear, hear.) Now, lam bound to say that the is very limited. It is confined almost entirely to three or a patent place': 1 8 11 % c:iie L r itenda is : s freehold! Y:ufr= declared they would rather march on Manchester than on and at auction, 200 tierces Carolina, v i a , B remen , were Os Od pet:ton. Il s ay F ° a era s 23s P Od t: • 310 OP average, greatest possible benefit to the country, because it would eight hen. gentleman the Chan . cellor of ttae Exchequer, four counties-to Hereford, Suffolk, Norfolk, and, per the widow who receives 160/. a year charged on land at Paris. Having been corrected by Mr. Bright, he proceeded t d a a ken in at 26s per cwt., being above the value. On Thurs- 28s ; dealers, 32s Od - to 40s Od ; average, Os per ton. ev•-•" enable cect taxation to ibe established. The principle in opening his budget, dealt with a very impoetant p haps, Cambridgeshire ; and I believe that barley grown to eulogise various portions of the budget as likely to' be y, 76C0 bags Arrocaa will be offered. the rate of 7d. in the d hil Mr M hi Farmers, 16s Od to 24s Od ; average, 20s ; dealers, 27s Od to of this matter in a way that was p . y eculiarl satisfacto - poun , w e . oore, upon s TALLOW.-Onl limited lu - chases was that all men should pay according to their revenue, ~ e l 7 upon first-rate barley soil, in consequence of the almost greatly beneficial to consumers. In reply to Mr. Glad- R • y p have bsen made in ' and. that was to be calculated by the market value of their (hear)-and before he proposed his scheme oi male --: boundless demand and. the limited supply, will command, sinec of 7,000/. a-year is to pa only 51d. (Hear hear stone, he said that from the time of Mr. Pitt the income usnan on the spot since this day week, and prices are de- 00s Od ; average Os. per ton. Bread-Wheat n 1 af, 6d 0 income, which could be ascerthined without any difficulty for the future, he considered . what was due in eqw . y under the exsiting law, considerably higher prices than if . and loud cheers.) I - ask;then do Y our schedules co'mbine' tax had always touched the funds, and denied that the pressed, fine yellow Candle selling at 45s 01)(1 to 45s 6d ter Od ; household ditto, 5d to Od per 41b. Fresh e b t,er, 8d to ust • d 't 9 (H h ' ) Y Bt 1 t t th ice an e t qm y . ear, ear. ueus ry ano er 10d per lb. E 68d t 6 10d d u Beef , and justice to the classes which it was alleged had been in- you reduce the duties. Then with regard to the districts J cwt. There is a reluctance to operate for spring mont s, g u gs, s 5 o s per hun red. Meat-- _ whatever. No less than sixty-seven per cent. of the in- latter were now to be taxed in a different manner from 4id to 7d ; jured by the course of recent legislation. Those classes case. Y . ou about realised property. Now, any per- m tton, dto 6,3e1 ; veal, 4d to 6d ; pork, 4a;I: come of the country was raised by the two items of Cus- supposed to be suffering mostLthe wheat growing districts any other property, and he endeavoured to justify some of with sellers at 455. Home melted is more plentiful, less Od ; b aeon, 6d to 7d ; sausages, 5d per lb.-Fish, Newfotula toms and Exeise, the greater proportion of which was paid were the shipping i "nterests of this count the sugar- of England-they have heavy soils, not suited to the , . son havme property in land in the colonies any person the apparent inequalities adduced by Sir J. Graham. The demand exists and there are sellers at 47s to 47s 6d cash. land, 9/. lOs to 10/ Os er ton • Scotch herrings 24s to 000; by the industrious classes. Industry had thus paid ded •te t rY' d h 'cl 1 growing colonies, and the lan in res ;an e sai i growth of barley, and they would derive no benefit what- ''' rt '1 d • rt f E ' flaying prope yin an in any a o uro ean rson h vin ' h • P .P , Y r P e Government, he remarked, was threatened by four distinct g property in t e forei funds is to be ch ed OILS.-There are sellers of cod at 33/ 108 to 342 per tun, Red, do 00s bI P P ' • 8- ' 9cl • Pink ° ' and fe , per r . otatoes, white, dto • „ double and treble the amount contributed by property. was most desirable that all wars of classes should hence- ever from its cultivation, and would not, in an agricultural a . g n , . ar g parties, who thought they could combine against it ; but w buyers are to be met with. Seal ie not much re- lld to 121 -Coals, N Oulm 1 •Land contributed only 1,750,000/. to the property forth cease with reference to the question of tatation ; point of view, gain any advantage from the remission of only 51d. Well with all our care and anxiet for ewport 20s • Lydney 20s ; , ealised pr perti, you will y find, • the h y .he doubted the success of such combination, or its appro- quired, and prices are drooping ; pale selling at 35/ to Od per ton.-Whiskey 25 o ' 6s'Od p r ''m nal gallon e _,. -- that what was equitable with regard to the past should it , f very h eart et 35/ 10s, and other sorts 32/ lOs to 3a. Southern is still tax, while professional incomes and trades contri- this tax. With respect to the remainder of the area of r schedule C n which relates to f dho bation by the country'. It was held together by a Hides, rket, 22s to ' 2Bs • tilted, 24s t e o 3 1 0s P r e er cwt. ua l `' hilted 3,500,0001. A tax on property of 5 per cent. now be done once for all ; that the good of the entire this country, it consists of inferior soil-generally speaking e r o e or eve. 1 . 1 .1 Y en rope of sand. He believed that the Government might in small supply, and held for 33/ to 38/, but not much de rofess the tenderest re d, the hold skins, 31c1 per lb.-Ban or' slates 2/. 17s. 6d to 3/. per tone -- people should be the rule in laying taxes on the people of ers f terminable an would enable us to dispense with the assessed taxes and the of a damp and cold description-not at all suited. to the P T f h 1 th • • um les, some o wom ose err capital at the end of 1860 safely appeal to a majority of the house in support of mend exists. An increasing demand for sperm : prices Fleece .wool, 15s to 16s g per stone.-Hemp 37/. to 40/. Pe r Excise. In 1814-15 the land of England was valued at the country. And, sir, with reference to . the shipping in- growth of barley, and I believe at present prices that oats and, while you only require the holders of r d ' , the principles they advocated ; and he considered that are also firm at 86/ to 87/ 10s for common to fine, and ton-Timber, Memel, 3/. 108 • red • e 3/: 5,e• yellow do., 34,500,000/.• it then bore 64 per cent. of the whole pro- terest, I entirely concur in the observations of the hon. would be found a more profitable crop. At all events I abroad to be taxed 51d , your ow holders rea o r te pre= the attempts to excite agitation against them, even Headmatter 87/ to 89/. Trade is brisk for olive, and rates 3/. 15s. per ton ; deals, 15/. to'lB/. p P e i r n h'undred. ' Bark, red , perty tax. 'ln 1848 the land paid 30 per cent. less than in member for Montrose. I think that the eaLantement pea- am satisfied, with reference to the landed interest, that no in the large towns, had signally failed. He should are on the rise ; Gallipoli selling at 59/ to 60/, and other annuities are absolutelY, by yourlendedschedule pyi 71. to 81. 10s. per ton.-Tall 498 to 00 Id ga l s ' posed by the Government with referenc . e .he shippeng sorts 55/ to 58/ per cwt. ow, s per a .- n 1814. He recommended the right hon. gentleman to ex- ereat benefit will arise from the proposed measure. (Hear, 7d. in the und. (Hear hear ) Take. gal' th' - a ngf wait the result with perfect confidence and content. ' 71. 10a to 0/. per cwt.-Tar, Archangel, 19s. per brl.-Glaa a "' interest, that 100,000/. should be given in aid of peculiar ;' empt no real property, however small the amount ; nothing near.) Then, how stands the case with regard to Scotland? Ireland. i gere isa most' d• t• • •h4 a- d n ' • " me ° Mr. CROSSLEY said that he had promised his consti- Peruvian, 10/. lOs to 11/. per ton. burdens falling upon them, of which they have not been is rens e an eminent g l e a r l ie should save it. With reference to the house tax, he con- I don't know what Scotch members may say, but it appears tl at the head of his tuents at Halifax, that he would not lend himself to any sidered it to be one of the worst taxes that could be col- fully relieved, is an arrangement perfectly justified, anc ( l , to me that the proposition for taking off the discriminating . .n ema o ' hie talents by his Pro ?sewn, having honeura y faction for the purpose of turning out any Government. RAILWAY SHARE MARKETS. lected. If anything were a reflection upon the rich and meets with my entire approbation. (Hear.) Having th duty between barley and inferior descriptions of grain is.the r trhi Y h T t l 1 d merits, a . nd by his exertions, to posi ion o ea er rof the Irish bar. I won't pre- The only reason, therefore, why he opposed the budget of ---......______._ SEABORNE MA ILS. wealthy of this country, it was the wretched hovels with honour of being a member of the Trim I -house, lam bound harshest proposition that could be made with reference to . , $ the right hon. gentleman was, that he did not believe it LIVERPOOL, DEC. 14. • t' y 1842 that hat the tf h" ' I h tend to say w amoun o is income is. ave no es. which the kingdom abounded. A tax which produced to say it should be remembered tha Bence . corpo- Scotland. (Hear.) There is an intrinsic inferiority in the was founded upon correct principles. , STOCK EXCHANGE.-The market for Railway Stock (N signifies that the mails are sent fr th G al Post-alle s that result could not be vindicated, and he had no hesita- arbitrations have had to ration, by the awords of juries and . . grain of Scotland, and I conceive that the proposed regnla- doubt it is as large as it deserves to be, but he, at the head of his profession, the Atto Ge e 1 for Irel d rney- re ra an , Sir A. COCKBURN moved that the chairmen do report has been very dull to-day: But little business has been by the night-and Mby the mornin g_di o s m e ener patch.] • tion in denouncing it as a most unjust and unequal tax. It Pay 1,200,000/. for the purchase of lights, which were tion with respect to the drawback upon spirits in that proems and ask leave to sit again. ___________------- det that the have so is not to be taxed a farthin while his clerk, who re- ° done, and prices generally have a declining tendency. The was called a direct tax ; but, if they wanterlato raise a di. granted to private individuals, an y . y country, so far from being in favour of the Scotch agricul- Lord J. RtTSSELL said that before the question was following are the quotations :-Aberdeen 16 • E t • ceives his briefs with 100/. a f-ear, is to be charged 51d. in , , as ern Day when made up From What when dth • d managed their funds, that in the same peno eir ebt rect tax, let them add 1 per cent. to the property tax, and. turists, will be a very severe blow to them. I will now, , d on his sal - ) A t'd 't t h •h d t k e wis e oas a q - uestion of the ri ht 13* ; Lancashire and Yorkshire 84* • ditto Fifth 3i di • COUNTRIES. In General Post- Port has been reduced from 1,200,000/. to only 112,0001. While t e poun uP , ary. (Hear, hear. i e-wai er Pu • g hon.gentleman, due. strike off the existing impost upon houses, and they would ? with the permission of the house, pass on to another topic " London. and North W ' ' , s• 8 . • estern, 1261 ; ditto Quarters (C) Office, London. Dispatched. receive more by that additional 1 per cent. than by daub- under the guidance of my right hon. friend the President to which, if the country gentleman will permit me to epees ,' on Loch Foyle, with a small salary of 120/. a year, is to whi h seemed to him of th t ost • be t ed 51d. in the po d . 1 th B . h f D c eu m Importance to the con- 1 15-16 prem. ; Midland, 80* ; North B• '' ' - latish, 10* ; South ..-___ ......-•-•' , whi e e .3 re op t o to erry, ling or trebling the house tax. He reminded hon. gentle- of the Board of Trade, since 1849 they have increased the to them again as a friend-(the right hon. baronet was .. . 1 ax ' his nalace b the • elusion of this debate. He wished to know on what propo- Eastern and Dover, 23i. America (bynrit.pact.N Dec. 17... . Arrivgl .... .. Liverpool ... men opposite that the land of England would be nothing number of lights, at an expenditure of 115,000/. In respect, here interrupted by derisive cheers from tfie Ministerial " rin g in ill s , 14 _side of the lak ,is no pay a sition the Government meant to take a di • • le vision. e America (by United Sts. without its commerce, and, looking to England as a great then, to the lighting, I think the arrangement is a provi- benches)-if you are not satisfied that I have a community P enn P 1 "r 1; 1 t votew' hon. members for Ireland. ought - packet) ..........N Dec. 14 manufacturing and commercial c t h • t oun ry, e was anxious 0 dent arrangement, and worthy the sanction of the house. of interest with you-(Opposition cheers)-I am really afraid th ht the committee were entitled to know what • to taxe care w a s they give upon this occasion. If oug their MANCHESTER, DEc. 14. America (by U. States simplify taxation by fieeing industry and labour, and With respect to the passing tolls, also, I think they should e 1. cannot plead any argument which will convince you with -. Y . • the are content to share with the other parts of the United proposition was to be He certainl had understood +nee sl. the d - • - - ' y - .-0,....e STOCK EXCHANGE.-The business to-day has been small, Australia (via South packet ............N Dec. 22 ..... . Southampton DeC. 1 0 raising a third or a fourth of the taxation of the country not be a burden thrown on the shipping interest. As to reference to my motives • but still I have great reliance Kingdom in gra nal and safe reduction of indirect existing house tax was to be doubled, as well as extended though something better than yesterda b • t • drooped ampton ..........M 20th of each month Southam ton Dec. 24, y, u prices by direct means. (Hear, hear.) In conclusion the hon- Pilotage, however I should have thought my right hon. nd I eirill ut the matter to on as I taxation, as our growing means allow, they will simply upon your reason, a p to houses of the value of 10/. But he had heard • again. The sales were . -Birkenhead L hir d Ditto (via Marseilles N 24th of the month Dover 2.., Dec. I( y , , partake of the common benefit, but I warn them that, if m the , ancas a, an member was understood t,o say that h hul I ' ' f • dth P "cl ' t fth B dof Trade, having tit' es o ( vote against nen e rear en o e oar 1° think, with irresistible force with reference to the point I ote adverse to • eof the evenine expressions which seemed to • 1 Ch hi J t• 6i : es re uric ion, dm. • Blackburn, No. 1,7 i ; Cale- *DIU vi o ( a Cape of Good any increase of taxation, and against applying the 400,0005, subject distinctly before him, might on the part of the am about to take up. lam about to refer to the Exchequer th e y g ive a v . . the interests of the humbler cam s' . . . I mPsy donian, 34,1 • Dublin and bre heda 61 • East A lian Hone) ............N 13th of December.. Plymouth _ Nov. 3 0 repayment of loans for public works to the general expen- Government very safely have introduced a measure with- oan ommission • and I may be permitted to say that, L C • • classes of Great Britain, the time will come when they that that part of the proposition which went to the donblin 18/ Shares ii ,E t el ' g g • • llg , Africa (West Coast) ..N 23rd of the month. Plymouth Jan* 4 . , • as.ern -ounties, 14 ; East Lancashire, Alexandria* . . ...N 19th&30th of mon. Dover '• Dee. le diture. out previous inquiry. My own belief is, that the exclu although I have always opposed the transfer of local bor- themselves w . ill feel its co nsequences. Now, I must mako of the house tax was to be abandoned, and that the only 19 7-13 ; ditto, Fifths, 2cl issue A dis., 5 3-16 Lan • • •• • -•• •• cashire Belgium ............N Daily.. _ _ D ove _ .., Dalll,, Sir E. DER/NG should support the modification of the eive rights of the pilots of the Cinque Ports cannot be dens to the Consolidated Fund, yet, if ever there was n applicab one observatio_ le to the whole of this subject- proposition to be put was one for the extension of the area and Yorkshire, 84i ; ditto, Fifihs, 3A dis. • ; London and Brazil ..............M 9th of the month.. Soattramp . ton Dec, i° income tax, as just in itself, and as in accordance with th e maintained, and I should have thought it would have been a fund which has tended .to the constant benefit of the narnely, in reference to this great question of the re of taxation. If that were the case, the alteration would be North Western, 126 i ; ditto, M and - B. 4uarters C, li BuirsAy:es........M 9th of the month.. southarnpton Dee. 16 6 feelings of the people. He deprecated the tone in which right to introduce a measure limiting their exclusive privi- landed interest, it is the Exchequer Loan Fund. (Hear, lative merits of direct and indirect taxation. I hold that prem. ; Midland Railway Consols, 20 ; South Eastern, 23*. Ca ornia ••-- .. .... M•d & 17th of month Southampton Dec. 1_ the alteration of the malt and. house duties had been dis- leges ; but, upon the whole, the proposition of the Govern- , f direct and " the admixtnre 0 . rndirect taxation is the sound a very i p , 'm ortant one not merel with ref y erence to the 'Cape of Good Ilope..N 14thof the mouth.. Plymouth _ N o y, 29 n ) It • tle limate fund in aid of local pur , ear. is a mos gi . --___. 29 cussed, and denied that the •former could be rega ~ v rded b ment upon that point, and as to the questions of anchora e d safe policy of this country. (Hear hear.) " But that house tax, but also with reference to the w hole of the Cape de Verdis ......N 14thof the month.. Plymouth .. Nor. A and the sale , fh• • - • " 6 poseses-a fund not costing the public at large any amount 1 .! a ct •xt e requires great - t' - d'the rtio f BIRMINGHAM, DEC 14. Con.tantinople.......N Tthl7th27thof mo.. Dover .....• Dee' 1 !t, mi ur _ _ _. can ion, an propo .n o budget. It made a difference in the form of the resolii- Q the agriculturists as any compensation for burdens to which ci t cl ge o 8 IPB' ie one upon which Ido not anti- whate er to its detriment or disadvantage, but a revolving Central America ....11 lnd & 17th of mon. Southampton Dec. 1. ' t they had been unjustly subjected, nor did he believe that pa e any ifference of opinion As to the suear- owine v it must be carefully adjusted (Hear hear.) Will the - e,TOCK ExC Th . HANDL- ere was more than an usual Te .9 1 much benefit could be derived from it except by the barley 1•I • • t h • co mues, rejoice a t e marked progress that has been - g r . sum of 360,000/. a year, which is lent to the landed interest h n to b • .' t t . onse here aow me o serve, not in a aun mg or angry non necessary, for whereas the resolution at present de- amount of business done in the Railway Share Channel Isles ........N Mon•WedluFriday Southampton Tu. • market to- Chili 21 hi & 17th am th 4 th t n Dec. 1 6 throughout the United Kingdom, from time to time, for . . on on amp o „ s of et made by them. At the close of the last Parliament the t that Lord Derby has, with reference to this subject, dared that the existing duties should " cease and deter- day. The following sales were reported on 'Chan •--••• • - - • • go :- France ........ M& N Twice daily ...... Dov e r _„, ~ Twice. grower. But it was a step towards the enormoue bene ri ht hon. gentleman th t f th C 1 • , e secre ary or e o omes ex- parposes purely lecal ; . and these loans have been attended ° P m ' expressed opinions well worthy the attention of the house mine," it would be proper to strike out those words if Midland Preference, 1 prem. ; Oxford, Worcester and Greece* ........ _„N 7thl7th27th oilmen. Dover ...... Dec. 2 0 n . t which would be derived from total abolition, which also g . ' with most beneficial results to the landed Interest. (Hear, t d • t dal • ressed an earnes esire o e with the descendine scale t this art' Is radar juncture ? Lord Derby in 1817 said. :- the Government morel meant to t Wolverhampton, 54 ; Shrewsbury and Birmtngham, '67. Hamburgh ..........N Tuesday & Friday London ..... Toes., ._." • was the only reasonable mode of dealing with the hop duty. P_ . e•• ' hear.) Will you allow me to read a description of the pur- a e • • • Y ex end the area of t 1 d t to tth '1 and to arres 1 s escen ,so as proven e evi s which he ting rigidly on the " les of free trade ou t • . , prmcip y axation. But, in the next place, it appeared to him - Holland .114 Wednesday & Sat London ....• Sun.Tber'' Ae regarded the house tax, it had been stated by Sir C. a e san no mg n in- . thought were resulting from it, nd h • 1 th bt • poses to which this loan has been applied, and you willthen "By ae . 1 1 introduce inextricable confusion into the finances of BRISTOL, DEC. 14. Honduras ..........1.5 17th of the month. Southampton Dec. 1 6 „,, that the whole lan of the Govenim t d deer Ireland ........M BeN Twice daily ...... Holyhead ... Twiceda., Wood that the increase would fall upon those who had abilit to carry it prevented his making an attempt of the dge for yourselves whether lam not ri ht in sa • e that wi jille k 11* • g Ym " th untrY.” P en epen--. upon SToCK EXCHANGE.-The market to-day ex.hibits no India (via South t)m 2nth of the month.. Southampton Dec. 2 4 hitherto been all but exempt from direct taxation. See- . Y lt cl . ted that the effect of the descent of the t e wor s w ich have been aided from the fund are of B e° the resolution being retained in its original form. As he kind. was pre ic marked change in price. Business rather dull. The 1 amP • &• • D 17 great local importance, and that, if the fund be withdrawn, Now Ido not say rigidly, but I will substitute for that sa.es Iniia (via Marseilles) N Sth 24th of month over ...... Dec. ing no justification for this exemption, he should support . . t . dnt would show that free trade would not had understood th •ht h tl e rig on. gen eman the sum of were :-Bristol and_ Exeters, 1081 • West Cornwall 10 • India (via Cape of Good the additional impost, which, however, might perhaps be cliscnmena ing t h y tection woula ultimately thrive. That these works must be executed without such advan- word " rashly and extravagantly," and will observe, that , Vale of Neath, 13*. ' ' ' 110pe).............14 14th of the month.. Plymouth ~, N o y. 26 modified in committee. He wished a different proposition answer, and t a pro . _ dtht th tages ? I will take the last returns presented to Parliament if you act on the principle of increasing direct taxation , , • • 150 000/ would be all that would be obtained by ex- Mauritius ..........N 14th of the month.. Plymouth ... Nov. 26 as to Ireland, and one more in accordance with the princi- t verified. lam extremely gla a e Prediction is no- . , •,•ee. e a . _ for 1852, and I will show you what i s the b ene fit w hi c h w ith ou t great caution, b u t ras hly. , an d in a way so that tending the house tax at its Present rate to houses ef Mediterranean (via West Indian interest is to taxe a receipt in run or au de has been derived from this fund by the land e d i n t eres t, thi s co untry' will not bear th e b u i:de n , you risk all the ad- la annual °slue, Y•lad the sum raised from an additional . A TTEmpT , Southampton .......M 20th of the month., Southampton Dec. 2 4 pies of public credit. of refining in bond ; but I should wish TO MURDER. On Monday, at the Liv rate of duty would be necessary to make u the defi- • erpoce Ditto (via Marseilles).N Bth& 24th ofmonth Dover .. - . Dec. 11 man& in the power d ht is the corr espondin benefit that t derate texation g he towns have vantages of amo use of that species of . , . Sir J. GRAHAM then rose, along with several other - dbte • 1s d some answer to the . an w a . db th dt• • th P assizes, Mary Price, aged 49, was indicted for having, at ',i m a m ____ _ _ m 2nd of the month . SouthamPton Jan• 1,, to hear, before the e a is co e , rem . ' , Ted. With regard to the land, the loans have been (hear hear) -and you will as Lord Derby stated, involve money occasion° y ere lie ions in e budget. He Eecleston f 1 • 1 , e onions y and unlawfully administered to her Madeira M 9th&23dofthemon. Southampton Dec. 1 ° members. For a moment it was doubtful who had posses- h •ht h friend the member for the Univer- dto the construction of 1 • • ' ' fth ' ' • could not but suppose therefore, that the proposition of th speec of my rig on. apphe cane s, rivers drainage, the finances o e country in inextricable - confusion. s e husband, William Price two grains of white • '" 7 th, 1 7th,19th,27th, arsenic, w - Ma1ta*............N sion of the floor, and the cries for the right hon. baronet sity of Cambridge as to the effect upon our financial opera bridges and ferries, fisheries, roads, railways, co'lleries, and (Hear, hear.) Again, in this year, in this very Parliament, Government was their original proposition, but, at the same intent to kill and murde; li . f &30th of the month Dover ...... Dec. 1 11 un. In support of the rosecu became loud and general. The chairman having called times by this very' concession of refining in bond. If it i r s mines. Now, .hon. gentleman with whom I had the plea- since we met, Lord Derby said :- ` time, what he had heard that evening, and especially from tion, William Price, prisoner's husband P . Naples* ... N sthlsth2sthofmon. Dover ...... Dec. 22 , deposed to finding p Da l t a t * 2 upon him, he said-I cannot, sir, proceed to address you to be optional, I understand that persons who have suga sure of sitting upstairs on the subject of county rates will " Free trade I take to mean, that you will not impose the right honourable baronet the Secretary for the Colonies, his wife drunk on his return home from his work at the P a. i S i es • • • • - • • N i y t t hip i t t l i ilthofmon. Doverl.... • • ge e :: 16 in this country of an inferior quality will avail t . hemselves remember the heavy burdens to which land was exposed taxes for the purpose of protection of individual and local induced him to doubt whether the proposition for the in- glass establishment of Messrs. Pilkington, St. Helen's, on p e e wst . i . a M hl 7 h n. Sth p o 2 2d & 17th t of s in fra on s th * S: t u l thtllp t to i n ' Dec. 16 without saying that I shall endeavour to follow the ex- ..... ..... 1 f that privilege, and I have reason to believe, if they do. •th reference to lunatic asylums, law courts, goals • ts • that you will ' • interes • _ impose taxes for the purpose of . crease of the house tax was meant to be insisted upon, and the night of Saturda y, the llth September ; that some Tascany* 22 N .thlsth2sthormon, Dover - .. _ Dec. . _ ample of tho hon. baronet the member for Kent, both in t o ll tlO t will be lost to the revenue by. that con- wl • • • a per cen . dth 11 1 b h and pubhc buildings ;an ey en aso remem er t at, revenue and of revenue only • and. that in the imposition lf so the whole of the budget would be left in rt ' - an unce am words passed in consequence ; that his wife left the house • West Indies 2l 2d & 17th of month Southampton Dec. 19 the tone and manner of addressing you. I am extreneel Y cession. One-half of the , whole of the sugar duty would be . under the new peer law, there has been the enlargement of of these ' taxes you will hav . • li • e especial reference to ghtemng state. . and that ho did not see her again until the Monday ni hi 2 Van Diemen's Land (see obliged to you, sir, for calling upon me. lam never able 2,oco,cocc, and 10 per cent. upon that is 200,00 M; and the workhouses, for which no less th an 1,000,0005. has been the burdens which may be imposed on those articles that The CHANCELLOR of the EXCHEQUER : I wish following. On his return home on the M d afte - Australia) . .. -- et in the balance of the year the Chancellor of the Ex- that the vote of the committee should be tak on ay rnoon, _ to address the house with that perspicuity and, self-posses- Y . paid from this very fund. (Hear, h e a r .) As s i s t a n c e has mainly enter into the consumption of the great mass of the -- • en on the firet shortly after four o'clock, found his daughter Eli bth * The malls for Australia via the Ca sof Good 'Lye am m ade up chequer has not dealt with the quest! . "on of any loss to the also been given for the purpose of promoting emigration in community." resolution, and I shall consider that vote decisive on the r• • rttl •l • , Za e P d tip on the 20tti sion which I should desire ; but, having listened most at- t th W whole budget. rice, a i e gir ,in the house, the tea set and the teapot on the 2d of every alternate month. Those ma t i , nes i are sont by revenue consequent upon the permission given o e est certain parishes. Now, all these works have been aided on the oven. - His son Edward works at th ' lish and 24th of each month via Southampton and Mars ', r they will be That is a very good nrinciple • end what is lard Derb 's e same estab - . tentively to this protracted discussion, lam bound to say , Indian interest, and, therefore, apart from all question of from this fund. Stop the fund, and the greater portion of - t it 9Tr ' --' ' - y An HON. MEMBER :On what propositions are we to *th hi lf W• sailing vessels at present from Singa ore but next .) ea on . • ... ifs sa s ..___ commen y . vote ? , ment wi mse . itness poured out a cup of tea from - - P ' that the more I have listened, the more I have become be- deductions for the remission of tho malt tax and hop duty, those works must still be continued, but they must be con- the pot, and noticed it was very dark black. He drank the sent in steamers. ke a (*) are conveyed by wildered with the confusion of the debate. (Hear.) I his balance already, I think, verging to a deficiency, if you tinued at a great sacrifice on the part of country gentlemen, " Now in that system I see much of advantaee •I do The CHANCELLOR of the EXCHEQUER : All the c u p at a draught, felt it to have a nauseous taste, and a * The mails to those countries thus mar allow thi's SUM of 200,000/. to be lost by tho permission to either from their own immediate means or by the aid of 1 'that I - df t Th' • ' not ( enY see much difficulty an u ure em arrass- propositions on the table. cu- French packet to3farseil have liste h f • dth b for Montrose ned to my on. nen e mem er ment. I see great present advantage. lam not sure-God Mr. GLADSTONE observed that nothing could be mo rious sensation succeeded. He went giddy ; but by standing refine in bond, tho narrow surplus' will be converted into an tained in another way. (Hear.) Then with re- re a Short time at the front door he recovered, went into the GF,--YESTERDAY. (Mr. Hume) with great attention, and lam sorry to eay, actual deficienc • 11 x ressed by my y, and the warning, so we e p loans ob gard to cities an d dto b f thi ' f or bid but I should be wrone-that that system may . not clear or intelligible than what had • wns, y means o s fund churches just been stated house again, and poured out a second en half of which COURSE OF EXCHAN th at I cannot understand the view which he is disposed to right hon. friend the member for the University of Oxford- t k d have been erecte , wa erwor s an gasworks have been lead to future ' emba rrassmene by necessary changes in our by the right honourable gentleman. Ho said th t H t . dhi 1 1 , he tak 1 s stem " financia y _ a drank. eno ice s son had had aen • Amsterdam ............ 11 164 Gibr„ s „ ll ,.„ , .... . e On this occasion. (Laughter.) Ho says he is a great his independent station, his long experience, and his spotless built, improvements have been effected, harbours and docks he wished the vote to be taken on the whole of d•• th h h b p. Directly on Ditto, three months .. 11 17% L'es' n - s -- .... ••• • • ... 25 SO f • nuking e alf cup e ecame sick, felt a sore and burn nexel to direct taxation • 1 t h Ys he altogether charactergivingadditionalweighttothat weaming-eshoWing have been made, and baths and washhouses h ave b een ea .._ L or d Derby sees danger in the extravagant application of the resolutions, but he (Mr. Gladstone) apprehended • Rotterdam .. 1 7 ' ''''''' '• • • , anc ye , e sa ing sensation in the throat, and vomited ve obj e that it proceeded from a deep attachment to the pubhc service, blished,-all of great local i m p or t ance, whie Cr p t hi s very doctrine of substituting direct taxation i n li eu th a t th e c h a i rman had not yet put the question to the vomiting, he cautioned his ry much. After Antwerp .............. 25 V ( wi nce •••••••• • • • • • • .. - ets to the ho . d b . t• to the house tax, purposes he says e _ I use tax ;an o jec ing , and making it tell with ten fold effect, would be proved to m .t ld have been absolutely i m p o „ibi e to o f indirect taxation, and in pushing it to an immoderate committee on the first resolution, but on the preamble of poured into a quart ju aud son „ rinst the tea, which he Brussels .............• 2 3 4 ,, D r o ves •.••• • • .. ....... 41 3 4 any cases, i wou d 1 he cu board He Hamburg pa e n t p . h .......... •• 13 ' r a iermo ‘-ie •s y • • ery wilhng to diminish the exemptions or be but too well justified. I pass on rapidly to other topics, the b ees accom lish without such assistance. It has be en „id that, ex t e nt. (Hear, hear.) I may be allowed with p er h aps th e fi rs t reso l u ti on , an d on a sentence which was in itself got worse and worse, vc g amitin •• • -- hi essina. ~ '••• • • • • 124 • e tax and b • he limit down from 20/. to 10/. ring t and again I say we have made immense strides in this . P state of tho mone -m ter confidenc e • rto the opinion of the late incom lete. If the uestion were g much, and suffering all over e e Aitona .. . . Again, l ey h ' in consequence of the present y arket, grea still to refe p q pu t on th e first resol - d- from cramp, especially at the extremities, but did not f ' e " s " ••'•'•'•• • - - .. 25 30 Lisbon •• • • ..... .., , , 14 On f ' nend says that he has the greatest possi- short tim . . e I hear all arguments about the transfer of At the resen t Sir R. Peel in res to this matter. What did he say tion tlie committee would not have the sli eel .. 53 such advances are no longer necessary. p . Ditto. three m onths •. 25 32 % Oporto ..., „ .......... 53% ble rega le ' f • h t P"t t. ~ Th ~ . ghtest difficulty; m uch pain in stomach or bowels. Wa.s ill until the foll c'r Mibli di ire ton e cr e t, and an earnest des to m 1 • t ' local burdens discarde( as obsolete. No longer is any s ress moment that may be trne but this system has been in o p e . .nat respee to direct and indirect taxa ion . e very but it was important that they should know whether they en' g Friday Th ' ow- Marseilles...-. •••• • • • _ Rio Janeiro .. thin the rev e ,,,, laid upon them, and the right hon. gentleman the Chan- I 'uld observe with reference to the last time he sPoke on the income tax, in 1848 ;he thus were really going to vote on the whole of the first resoln- h - guilt . _ e jury, after a short deliberation, found Bourdeaux •••••• • • • • - 119% Buenos Ayre;.. :•:• • • :: -- and yet that b e isof the country in a prosperous condition, cellor of the Exchequer said, even as to the county rates, ration for 3() years. „ " that facilities are provided which expressed himpelf :.-- tion, although, in point of form, they were going to vote co e r r d d ye and fientence of death was ordered to be re. Frank,ort-on-Malne :1 .... _ New York, 60 da;s ; slght - willi n , to put an end to the dutiee ftom that if anything should be done as to their_ b e eing trans- repayment of these oans, e against the prisoner. Berlin .•••• • • • • - .11 32 Philadelphia • the customs and e eetee ' preclude any risk of loss to the public, such as no pri va t e "I am quite aware that there are limits to direct taxa- on the preamble. If they were to vote on the first resolu- A RoMANTIC AFFAIR IN READING. A short dis n Vienna .•••• • • • " ' ':: :. 11 32 PamEs o ••••• ' ' • • • - Peal of the malt tax, that he would vote for the total re- ferred. to the consolidated fund, it would b only lid, individual could give. (Hear, hear.) Well, there has bee n ti on ; and Ido not agree with those who would substitute tion they would. know what they were about, but if on tho ta ce sueLION, PER OZ! from Reading tabl f mil ' Trieste •••••• • • " ': .... 38 Foreign Gold the rate, and that that would be so a respec e a y resides, who are p e terseueen .••• • • • In Bars £3 17 S rul also for t Hear hear.) Then why direct for indire t ' think that on could Preamble no man could know what he was about when he ',1,9% Portugal Gold Coln .. 0 0 0 messed taxes, and yet that he total repearof the as- nh p u up a -i titt t l e ' c' '1(1- fi a n nt he would no longer think of offering no loss on these transactions. ( e taxation. Ido not y connected by the ties of consanguinity with parties mathid •• •• •• .- ••.•- • • - moderate views of direct e er y insigni c disturb the system ? (Cheers. '1 to h ) I appea any on. gen- except for a special and temporary purpose, wisely carry - ' t d (H h ) A th' • vo e . ear, ear. s is was a very awkward pen- who sten h• .. ••• • • • 30 /6 SPanish Doubloons -0 0 0 taxation would lead. hir a t e i lai m ° h doubt whether the remission of t with Government, I will direct taxation t o a - te tth h tion to occupy/ it appeared to him to be very doubtful d igh amongst a certain class in the poli- cadiz ---••••• • • • • • • • - very muc 1 tleman who have been conversan much greater ex n an you ave New Dollars ...... 0e 0_ Pose only an additional duty lt • I tical world. Belonging to this family is Baroelonn•• •• • • of 1 per cent. on ProPertY ar i a lee half the malt duty will be lid. in t p he ound. (Hear • '' appeal to the Chancellor of the Exchequer himself, whether already carried it. No doubt hon. gentlemen say, 'Oh! as whether it would not be desirable to let the vote on the compliehed and pretty dan hter Abo t a verY ac- seem . ...... Silver in bars ...... 0 5 130 would' be amply sufficient to re ome, which he thought But I come to another point still more important. In ev d 'rag the comparatively short period for which he to public credit there can be no question ; but let the en un sys _ preamble pass sub sdentio-(hear, hear)-and to take the n i t u hree weeks _________________ . • ago the mother and father g cam . e to Rea ake n lue has been made p the deficiency. my view an admission of immense va . the high office with which he is now entrusted, tern of taxation be revised ; let the burden be more equally the first resolution division on . . , dg on bum has held BIRTHS. • ht r ) Now/ ill my oni • (Lang e • hiPu, it is a • difficult matter to It is now distinctly stated by the Government, heretofore of this adjasted ' he has not felt the convenience of the existence . The feeling is, of course, unanimous as to pub- Mr. W. MILES said it was understood that the first ness, and put up at one of the hotels, at which place OF A SON. discuss one budget, especially , b d ne so large and am 1 as the advocates of the transfer of local ur ens on account of , .. e d (Hear hear ) If the Government are asked lie credit. Well, Sir but I woald rather have the income- t b tak vote was o e en on the principle of the budget, re- was residing a gentleman who had recently left the armv- Th • At Worthing, the lad of L . *r J F • 3' ientenaut-General Si . that which the Chancellor of th e Rethequer has _ p e t injury to land, that the best security for the prosperity of t u to n meke advances for certain works which are recinired in tax in reserve befor'e I come to consider this amended serving entirely the question of detail. He did not mean e gentleman by his agreeable and gentlemanly deport- Fitzgerald, M.P. before 113 ; but, t o add to the difficulty, .„, h . brmigh- the landed interest is to be found in the welfare of the particular districts, their answer is, "We cannot Interfere eystem of taxation. Suppose the new system to be pro- to pledge himself to details in voting for the measure of a m n ejit ei m(le a a m v e ery favourable impressioa on the d au gh_ter, Y on. friend the friend and ke ho ed the hens much enamoured of this Lothano. Thls OF A DAUGHTER. member for Montrose has brought forward another b working classes, and in their prosperity ; that the lande h cl with these local matters ;go to the Exchequer Loan Com- posed on the ist of February next, with the certainty that his right lTst . tl ' P e and the coun- coming to the father's and mother's e , they waited On the 12th inst., at Mylne-st t M lel lt - uare ree , ye e on sq , udget, interest seeks no longer any benefit at the expense of t e try woul inc y understand that the ensuing division missioners ; if you have a good case on principle, , yon will the income tax must expire on the sth of April. Now, upon the gentleman and asked him his intentions. Mrs. J. F. Harding. includ* h f r capitalising ; ing asc erne o „ncom e , and d e ' alin with g community, but is satisfied with the admission of that ereat - • gain aid from them ;if not, we cannot assist you. ' Now, notwithstanding all the professions of your determination w . _ ould be taken on the principle of the budget onl - the income tax on a pnncip • ' le entirely different f rom that of truth that their prosperity is based on the welfare, hs,ppi th t • is a s stem ve convenient, and very economical to in the abstract to support public credit, I have so much - - y' He said at once that he was about to depart for Australia - Sir C. W OOD remarked that that portion of the resolu- that he was not in a position to marry-in fact, that he MARRIED. the Government. But, again, I thought that we - were to di s - ness, and contentment of the working classes. (Hear ) a • Y rY tie' k • h 't • 'lel th t lr dfth f •1 - - th d f tax t . th t I ' the public. Ido not in , eit er, iis possr e a any (ea o e a]. ure of the new me o o a um, a , , tion which had been put from the chair simply al dth - repe e o 1 0 th t occasion could scarcely keep himself. Her parents very propel . y n e 9th inst ,at Horton Northamptonshire, the cuss the whole budget on the presen . trp to thi s And that is illustrated by that which has often been pre fund devoted to such a purpose could b e pl ace d un d e r the s h o uld wish to have the income tax to fall back upon in existing house tax for the purpose of substituting other ke t her in close confinement until she promised to banish Rev. G. k -• H. V se, rector of lio ghton and Pitsford in evening I was distinctly under the impression that th a t was dieted under adverse circumstances, to which prediction I management of gentlemen of more unimpeachable in- the contingency-the possible contingency- of your new duties, which were stated in the following part of the reso- al? thoughts from her mind of the scene that had the same count ),' to Lilly Anne, Lcond dau hter of 'the the issue which we were called upon to try ; but, i n cense. nize o r n refused my respondency, that if you o have cheap pro tegrity than those by whom its distribution is directed. It system not being relished, or not working successfully.e lutio:, which declar . e u d t that a ship o ng in the pound on shops passed. She was accordingly released on making late Major G y ing, of the 17th Native Infantry. quenee f t• 11' has put by the hon. and g a ll ant 111 ,, f o a ques ion w re w th's, and give abundance to the great b dy of . consum . ers is country, the weight of the peor laws mainly Palling so happens that gratuitous and honourable assistance has Then I say that your new system is not much relished, 4 an _ ghteenpence i ,to poun t n houses should be im b n 'ven b men of first-rate position, and of great emi- an d, according to the principle of Sir R. Peel, I think Posed on all shops am ouses of he annual value of 101. this promise. The morning after she was liberated, .. d attired herself in a s) in the ea u she went up stairs, an . 0. DIED. memb er f or w ee t m i ns t er (Sir D. L. Evan rly pen real property will rapidly diminish. (Hear, hear.) ee gl y ho a ll 'hint f • • ' • ul Ibb tt ' t b f t The preamble declared that the existing dutie h th And re above a possi y o suspicion-in it wo c eeer to have your income ax e ore you a - son ouses suit of her brother's clothes, and put a e own over em. On the 6th • t Harriet wife of Commander Oldmixon , Part of the eveni 't dto me that the Chancellor the c what was the statement of the right hon. gentleman ng, i appeare i t l l e r:Ts - t i t e n ti N o v n of these f d I t* th tth tto th di t T comprisi should be repealed • but did anybody in th un s. may men ion a ere temp pass e fferen propos]. ions cc y our , . e house wish She left the house on pretence of having a walk, but at ins .„ . of the Exchequer wa • ' less to change the ___,, hencellor of the Exchequer? I heard it with pleasure r " T e that unless some other duties were substituted ? That and sister of Sir W. Scott, Bart., of Ancram, county or to Reading, and took off the gow n s Inclined more or tnat in th are a mongt e commissioners, Lord Hatherton, Sir T. Adand, new system. Now, you say that there is every reason why , / nce made her wa issue. (Loud cries of "He heel . e) The question im- of the peer. e last three years, from 1849 to 1852, the burden Mr. W. Whitmore Mr. Loch, Lord Fortescne, Mr. Labatt-. those exemptions made with respect to the income tax and which followed the preamble related to the extension of the a o d bo et and y threw them over a hedge i nto a Roxburgh, N.B. mediately h e f • al. ' ----• d a s this,- from 6,ooo, r o a o t o e.e . h , c 3 id diminiehed 25 per cent. It had fallen h Mr A Robe'ates, Mr. T. Baring, MP., Mr. Norman, the house tax should be reduced. I venture confidently to house duty to houses of 10/. value, and to the doubling of On 'the 10th inst., at Hill-lodge, Enfield, G. A. Rams* , ate us, I dietinctly understoo , w tt 4 800 000/ beine an amount of relief of c ere, . . filth In. this disguise she went to the hotel and Esq., late Major 77th Regiment, aged 60. I Shall we or hen we not, as proposed in the present 25 Per cent. to th e i I.' *' 0 . . . m r W ar burton, Mr. G. Glyn, M.P., and Lord Overstone. entertain a very diff ere nt opinion. I think there aro very the tax. That wns Practically the substantive p ro p os iti on asked for the hero of this narrative, and presented of the right ho an( edinterest, mainly, and in the opinion , a On the llth inst., at Rothesay, J. Macdonald, Esq. / lat e N o • 't i lump ible to have a fund placed under more un- good reasons why th os e exemptions should be maintained. before the comuuttee. (N°/ no.) His hon. friend th e i a e w ho waited 'upon h er nee . budget, Coneent note. The young y to a propointion for doubling the house the landed. int 11. gentleman, that relief satisfied all claims of w, I . 13 ----' aS t exceptionable con rol, and I ask why should the Chancellor lam of opinion that that class having i . *ncomes between member for Lambeth had moved an amendment hi h h sa bo and of ' ---" °I T - Lieutenant 91st Regiment. tax, and reducin g - B t t* erest that might be madein th h f e a ape o com- d 1.. t *thdr bth h ,w e e posed but that she way, course delivered • hdda ht fTh mat; On the 12th inst. Mary Jane, tu• ug er o o the exemptions from 20/. to 10/. 7' 11 • pensa ion for past in' of the Exchequer under these circumstances lay violent 100/. and 150/. a-year in this country constitutes exactly was Persua e( o wl aw 7 e on. me m b er f or R on _ th t which ran thus ; -Dear G-, you will „,..i e no e, from the answer eyh• h • • fth the free importat* J ury by the repeal of the corn laws and _ trose, for the purpose of sayeng aye or no, wheth th d ' ' tt . alki n -- "'t me 'White, Esq., Eard Hall, Murston, near Sittingbournee ic was given to the question o e lon of corn (•cit -• f ? dto t lfi• li .' h h le . lf that class of persons who feel the greatest trouble in main-. hands upon this un mee ac e ciency wic o imse or e in the street, dresse in man s a ire, w g u, , , hon. and gallant member for W ~N- 0 no.") lam not raerel • ear, hear," and cries of has created, by tampering with the taxation of the country, taining their position. It is exactly the point where skilled house tax should be extended and doubled. All the com- Do come. Ever yours, S--." The ex _ r" ana (to wn- Kent, aged 18. estminster it a' eared to (_ ... L ea e;g• with the delib y %Wing my own opinion •I am dto know was on what • military entle g ... ...-- , me, unless I misunderstood the Cha ' pp „ orate statement of the ri ht ho ' and by proposing to reduce simultaneously the malt tax and labour ends-where, if I may use the expression, the fug. Deity° wante _ , question they were to man said there was no answer, which on being told th cellor of the Exchequer, ~ - taeman the Ottaliceno! of the g n. gen that the right hon. gentle n Exchequer, made as I think, t _he tea duties, which together yield an annual income of tian jacket ceases to be worn, and. broad.cloth becomes the thvide. If the Oevernment meant to say that they had y oun e lady said, " Ohl but it is imperative . ' e NG man wished to conve to the • at ab lit fairness bandoned the notion of doubling the ho t t b iild , I must have LONDON • Printed and Published by MURDO YOIT house that it was of no im rt Y . - with gre Iy, _ , and perspicuity, and I refer to 10,000,000/., or no less than one-fifth of the whole revenue clothing of the people. It is, more -or less, a class opner- a h • 1 • ' use ax hey 8--e -e-- one P 7 The deception was then discovered. She has sine • S ' The S Offi No 112 e the Go‘ - e ent • po ance whether we agreed with that statement to show, while the re is much left on which of the country ? With a clear balance in the Exchequer of sons compelled by circumstances to maintain a position say so, and put t eir reso ntion in a suitable shape. e of No 112 trend Printer at un ce, • ~ bitterly repented her folly, and the hero • hi ••'h p '• f 1 s • th ounty oi is now on s way Strand, in t e recinct o t e avoy, m. e c with reference to the doubling of the we differ, how much there is on which we agree. 1,500,000/., the right hon, gentleman tampers with these somewhat higher than their income will allow. The CHANCELLOR of the EXCHEQUER thought to Australia.-Berkshire CO •le me . mhul..., W..1...1...- TlAnambiar 15. 18511. forth cease with reference to the question of taXation ; that what was equitable with regard to the past should now be done once for all ; that the good of the entire people should be the rule in laying taxes on the people of the country. And, sir, with reference to the shipping in terest, I entirely concur in the observations of the hon. member for Montrose. I think that the arrangement pro posed by the Government with reference to the shipping interest, that 100,0001. should be given in aid of peculiar burdens falling upon them, of which they have not been fully relieved, is an arrangement perfectly justified, and meets with my entire approbation. (Hear.) Having the honour of being a member of the Trinity-house, I am bound to say it should be remembered that since 1842 that corpo ration, by the awords of juries and arbitrations have had to pay 1,200,0001. for the purchase of lights, which were granted to private individuals, and yet that they have so managed their funds, that in the same period their debt has been reduced from 1,200,0001. to only 112,0001. While, under the guidance of my right hon. friend the President of the Board of Trade, since 1849 they have increased the number of lights, at an expenditure of 115,0001. In respect, then, to the lighting, I think the arrangement is a provi dent arrangement, and worthy , the sanction of the house. With respect to the passing tolls, also, I think they should not be a burden thrown on the shipping interest. As to pilotage, however, I should have thought my right hon. friend the President of the Board of Trade, having this subject distinctly before him, might on the part of the Government very safely have introduced a measure with out previous inquiry. My own belief is, that the exclu sive rights of the pilots of the Cinque Ports cannot be maintained, and I should have thought it would have been right to introduce a measure limiting their exclusive privi leges ; but, upon the whole, the proposition of the Govern ment upon that point, and as to the questions of anchorage and the salvage of ships, is one upon which I do not anti reeenacet otfheopinion. marked .A.s pro t g o re t a la s e t s h u a g t ar h -gr as owi be n en g c ci o p lo a m t? e a s, ny l re di j ff o e i made by them. At the close of the last Parliament the right hon. gentleman, the secretary for the Colonies, ex pressed an earnest desire to deal with the descending scale, and to arrest its descent, so as to prevent the evils which he thought were resulting from it, and he said nothing but in ability to carry it prevented his making an attempt of the kind. It was predicted that the effect of the descent of the discriminating duty would show that free trade would not answer; and that protection would ultimately thrive. That prediction is not verified. I am extremely glad that the West Indian interest is to take a receipt in full of all de mands in the power of refining in bond; but I should wish to hear, before the debate is closed, some answer to the speech of my right hon. friend the member for the Univer sity of Cambridge as to the effect upon our financial opera tions by this very concession of refining in bond. If it is to be optional, I understand that persons who have sugar in this country of an inferior quality will avail themselves of that privilege, and I have reason to believe, if they do, that 10 per cent. will be, lost to the revenue by that con cession. One-half of the whole of the sugar duty would be 2,000,0001., and 10 per cent. upon that is 200,0001.; and yet in the balance of the year the Chancellor of the Ex chequer has not dealt with the question of any loss to the revenue consequent upon the permission given to the West Indian interest, and, therefore, apart from all question of deductions for the remission of the malt tax and hop duty, his balance already, I think, verging to a deficiency, if you allow this sum of 200,0001. to be lost by the permission to refine in bond, the narrow surplus will be converted into an actual deficiency, and the warning, so well expressed by my right hon. friend the member for the University of Oxford— his independent station, his long experience, and his spotless character giving additional weight to that warning —showing that it proceeded from a deep attachment to the public service, and making it tell with ten fold effect, would be proved to be but too well justified. I pass on rapidly to other topics, and again I say we have made immense strides in this short time. I hear all arguments about the transfer of local burdens discarded as obsolete. No longer is any stress laid upon them, and the right hon. gentleman the Chan cellor of the Exchequer said, even as to the county rates, that if anything should be done as to their being trans ferred to the consolidated fund, it would be only lid. in the pound upon the rate, and that that would be so utterly insignificant he would no longer think of offering it. I very much doubt whether the remission of half the malt duty will be lid. in the pound. (Hear.) But I come to another point still more important. In my view an admission of immense value has been made. It is now distinctly stated by the Government, heretofore the advocates of the transfer of local burdens on account of injury to land, that the best security for the prosperity of the landed interest is to be found in the welfare of the working classes, and in their prosperity ; that the landed interest seeks no longer any benefit at the expense of the community, but is satisfied with the admission of that great truth that their prosperity is based on the welfare, happi ness, and contentment of the working classes. (Hear.) And that is illustrated by that which has often been pre dicted under adverse circumstances, to which prediction I never refused my respondency, that if you have cheap pro vlo glens, and give abundance to the great body of consumers upon fptehis country, the weight of the poor laws mainly falling —that And real property will rapidly diminish. (Hear, hear.) of the the "a a na no t was i the statement of the right hon. gentleman from 6in the of the Exchequer? I heard it with pleasure .poor. e last three years, from 1849 to 1852, the burden 25per cent. ,000, r o a o t o e l s had diminished 25 per cent. It had fallen of the right h toth elandedinterest,mainly, to 4,800,0001., on. e landed interest, mainly, and in the opinion the landed interest being an amount of relief of pensation for past i that relief'satisfied all claims of . at might be madein the shape of core the free importatione37 by the repeal of the corn laws and berut z a s t t a ating my "No no.") I am not m ere ly stating ("Hear, hear," and cries of dealing with the deli teent of the right hon. own opinion ; I am gen tleman the Chancellor of the , an ericuity, and I r with great ability, fairness d E xch equer, made as I think, that statement to show, while h e re s i e s much left re t to we differ, how much there is on which we oll wagreeeh ATTEMPT TO MURDER.—On Monday, at the Liverpool assizes, Mary Price, aged 49, was indicted for having, at Eccleston ' feloniously and unlawfully administered to h e r husband, William Price, two grains of white arsenic, with intent to kill and murder him. In support of the prosecu tion, William Price, prisoner's husband, deposed to finding his wife drunk on his return home from his work at the glass establishment of Messrs. Pilkington, St. Helen's, on the night of Saturday, the 11th September ; that some words passed in consequence ; that his wife left the house; and that ho did not see her again until tho Monday night following. On his return home on the Monday afternoon, shortly after four o'clock, found his daughter, Elizabeth Price, a little girl, in the house, the tea set, and the teapot on the oven. His son Edward works at the same establish ment with himself. Witness poured out a cup of tea from the pot, and noticed it was very dark black. He drank the cup at a draught, felt it to have a nauseous taste, and a cu rious sensation succeeded. He went giddy ; but by standing a short time at the front door he recovered, went into the house again, and poured out a second cup, half of which he drank. He noticed his son had had a cup. Directly on drinking the half cup he became sick, felt a sore and burn ing sensation in the throat, and vomited very much. After vomiting, he cautioned his son against the tea, which he poured into a quart jug and placed in the cupboard. He got worse and worse, vomiting much, and suffering all over from cramp, especially at the extremities, but did not feel much pain in stomach or bowels. Was ill until the follow ing Friday. The jury, after a short deliberation, found her guilty, and sentence of death was ordered to be re corded against the prisoner. A ROMANTIC AFFAIR IN READING.—A short distance from Reading a respectable family resides, who are connected by the ties of consanguinity with parties who stand high amongst a certain class in the poli tical world. Belonging to this family is a very ac complished and pretty daughter. About three weeks ago the mother and father came to Reading on busi ness, and put up at one of the hotels, at which place was residing a gentleman who had recently left the army. The gentleman by his agreeable and gentlemanly deport ment, made a very favourable impression on the daughter, and she became much enamoured of this Lothario. This coming to the father's and mother's ears, they waited upon the gentleman, and asked him hisintentions.He said at once that he was about to depart for Aus ra t-9 3 —that he was not in a position to marry—in fact, that he could scarcely keep himself. Her parents very properly kept her in close confinement until she promised that had d to banish all thoughts from her mind of the seen passed. She was accordingly released on making was liberated, this promise. The morning after she she went up stairs, an d attired herself in a suit of her brother's clothes , ' and put a gown over th em . She left the house on pretence of having a walk, but at once made her way to Reading, and took _off_ the gown and bonnet and threw them over a hedge into a field. In this disguise she went to the hotel a n d asked for the hero of this narrative, and Presented a note. The young lady who waited 'upon her, never sup posed but that she was a boy, and of course delivered the note, which ran thus: —Dear j „ cr . fi l walkin g u up will anddo d w m n e . in the street, dressed in man's attire, Do come. Ever yours, S—." The ex-military gentle man said there was no answer, which on being told the young lady sa id, " Oh! but it is imperative; I must have one !" The deception was then discovered. She has since bitterly repented her folly, and the hero is now on his way to Australia.—BerkAire Chronicle, members. For a moment it was doubtful who had posses. sion of the floor, and the cries for the right hon: baronet became loud and general. The chairman having called upon him, he said—l cannot, sir, proceed to address you without saying that I shall endeavour to follow the ex ample of tho hon. baronet the member for Kent, both in the tone and manner of addressing you. I am extremely obliged to you, sir, for calling upon me. I am never able to address the house with that perspicuity and, self-posses sion which I should desire ; but, having listened most at tentively to this protracted discussion, I am bound to say that the more I have listened, the more I have become be wildered with the confusion of the debate. (Hear.) I have listened to my hon. friend the member for Montrose ( Mr. Hume) with great attention, and I am sorry to say , that ta I cannot understand the view which he is disposed to friend on this occas i on . (Laughter.) Ho says he is a great to direct taxation ; and yet, he says he altogether object s to the house tax ; and objecting to the house tax, the he very willing to diminish the exemptions of Agai n , in ;Z: and bring the limit down from 201. to 101. ble regard fern. friend says that he has the greatest possi tain the revenue of credit, and an earnest desire to main and yet that h e is °f the country in a prosperous condition, the customs and eZlilling to put an end to the duties from peal of the malt tax, sea;nthat he would vote for the total re am, ;et that also for the total repeal 'of the as sessed taxes, taxation would lead. hi m ,his moderate views of direct of 1 per cent. on prop erty a t n ur se only an additional duty Income, which he thought would be amply sufficient to (Laughter.) Now, in my opi,i p u' u a i le up the deficiency. difficult matter to discuss one budget, especially one :: large and ample as that which the Chancellor of the x.,lie cillhon. friend the er has b roug ht ni before us ; but, to add t o the difficult member for Montrose has brou g ht for ward another budget, including a scheme for capitalising incom e , and dealinfhwith the income tax on a principle entirel y different from the Government. But, again, I thou g ht that w e were to a c t li of cuss the whole budget on the presen t occasion . —p to thi sTT evening I was distinctly under the impression that that 'vas the issue which we were called upon to try ; but, in conse quence of a question which was put by the hon. and gallant member for Westminster (Sir D. L. Evans) in the early part of the evening, it appeared to me that the Chancellor of the Exchequer was inclined more or less to change the issue. (Loud cr i es of " Hear, hear. ") The question im mediately before we, or shall us I distinct l y , Shall tl unders tood, wa s this,— we not, as proposed in the present budget, consent to a proposition for doubling the house tax, and redu c i ng the i from the answer which ehxemptions from 201. to 101. ? But , a given to the question of the hon. and gallant for the Chancellor it appeared to me, unless I misunderstool that the right it wasright h of no Chancellor of the Exchequer, ngoentleman wished to convoy to . the house at whether we agree d w ith the Goernment with referenc e to the doubling of the " I am quite aware that there are limits to direct taxa tion ; and. I do not agree with those who would substitute direct for indirect taxation. I do not think that you could, except for a special and temporary purpose, wisely carry direct taxation to a much greater extent than you have already carried it. No doubt hon. gentlemen say, ' Oh ! as to public credit there can be no question ; but let the sys tem of taxation be revised ; let the burden be more equally adjusted.' The feeling is, of course, unanimous as to pub lic credit. Well, Sir, but I would rather have the income tax in reserve before I come to consider this amended system of taxation. Suppose the new system to be pro posed on the Ist of February next, with the certainty that the income tax must expire on the sth of April.. Now, notwithstanding all the professions of your determination in the abstract to support public credit, I have so much dread of the failure of the new method of taxation, that I should wish to have the income tax to fall back upon in the contingency—the possible contingency— of your new system not being relished, or not working successfully." Then I say that your new system is not much relished, and, according to the principle of Sir R. Peel, I think it would be better to have your income tax before you at tempt to pass the different propositions comprising your new system. Now, you say that there is every reason why those exemptions made with respect to the income tax and the house tax should be reduced. I venture confidently to entertain a very different opinion. I think there aro very good reasons why those exemptions should be maintained. I min of opinion that that class having incomes between 1001. and 1501. a-year in this country constitutes exactly that class of persons who feel the greatest trouble in main-. tamping their position. It is exactly the point where skilled labour ends—where, if I may use the expression, the fus tian jacket ceases to be worn, and broadcloth becomes the clothing of the people. It is, more or less, a class of per sons compelled by circumstances to maintain a position somewhat higher than their income will allow. 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