The Sun. — London, England, 1848-03-07 00:00:00

f %Pr r Intrb %Ili SUN OFFICE, SeoL *1 O'clock. E UNITE,D S' .TEs. - .----.411" -- (BY V4I.e.VOTRIC TELEGItAI i v, ) SOUTHAMPTON, . ~, 1/ A4.1 mil 7 VA Virashington steam-ship arr ived, this : morning from New York, after fifteen day's run. She has brought seventeen passengers av ai l a small q, y. antity of specie. The Washington bring% dates from M , 29th of January. A great deal of slarmisbing had taken as well as in California. Guyamas was taken by the American forces on the 20th of October, after a bombardm ant of forty minutes. Orizaba bad fallen, having t )een taken b y Colonel Lane and 500 cavalry. The Ai nericanst held quiet possession. ark was the The all -absorbing top ic at New Y -. Polk. The election of Presi dent, in the room of Mr election was to commene in New Yorl ce on the 22d. wa s in a dull The Stock Exchang s t a t e , although monetary affairs were, gra dually im moving. BZieo to the place there, THE RIOTS IN GLASG OW. (Front the North British .paily Mail of Monday.) This afternoon an emeute on a large, and a t one period very alarming, scale took place in this city. About twelve o'clock a meeting of the znemployed took place in the Green, when upwards of 5,000 persons assembled. Our readers must have been prepared, from previous announcements in the Mail, for the state of excitement in which the work-people of this city ha re been for some time, and for the state of discontent and dissatis faction into which they have been thrown by what they conceive to be the refusal of the Relief Committee to afford them adequate employment. On Saturday, as announced in the Mail of to-day, the Relief Committee distributed a great amount of meal to the unemployed, and to all who applied for it. To-day, however, the exasperated feelings of the de luded portion of the unemployed operatives that meet in the Green came to a head, and they resolved upon a riot, which no distress can justify, and no fancied grievance palliate or excuse. About two o'clock a portion of those assembled, in ac cordance with a resolution passed at the meeting, left the Green, and proceeded to the Police-buildings, where the magistrates were sitting, and demanded food or employ ment. The magistrates, who were engaged preparing soup tickets for the destitute, replied that these would be ready immediately for distribution. Not satisfied with this answer, the mob proceeded down Nelson-street, and commenced the work of destruc tion, by breaking into the shop of Mr. Anderson, baker, Trongate, from which they carried off a large quantity of bread. Proceeding into the Gallowgate, they broke into the shop of Messrs. Young, ironmongers, carried off several guns, powder flasks, &c., and broke two windows. The crowd now assumed a more serious appearance, a number of unemployed navvies and other parties, evidently strangers to Glasgow, having joined in it. In London-street, a baker's shop was broken into, and all that it contained carried away. About three o'clock, a vast mob, consisting of men and boys, amongst whom were found many women of the lower classes, came along Argyle-street, smashing the windows, and plundering bakers' and provision 'shops of their contents. At the foot of Buchanan-street, they seized upon a cart of meal, which was soon appropriated among them. In Stockwell-street and Dunlop-street, women and young lads were seen runing, the former with their aprons, and the latter with their bonnets filled with meal and ether provender. Passing the Cross, the mob broke into the shop of Mr. B. Musgrove, cutler, gun and tool maker, and nearly emptied it, as we are told, of its stock of guns and pistols, knives, &c. At the foot of Candlerigga, the shop of Mr. Landells, gunsmith, was ransacked. Henceforth another element entered into the character of the riot, which now assumed the aspect of a regular *waste, Luckily ammunition was scarce, otherwise serious damage, and even loss of life, might have been the con sequence. A few shots, however, were fired, as the mob pro ceeded on its onward course. In Wilson-street, at the corner of Glassford-street, the shop of Mr. Drew, tinsmith, was partially plundered. In Buchanan-street, the shop of Findlay and Field, jewellers, was robbed of watches and trinkets of all sorts, to the value of nearly 2,0001. The windows were besides smashed to pieces, We are informed that the shop of Mr. A. Martin, gunmaker, Exchange-square, was likewise broken into, and several guns and other things taken away. Among the cries raised by the mob were Bread or Revolution ;" " Vive la Republique," &o. We ques tion if they understood the meaning of tho latter. By this time the alarm had very widely spread, and the citiaens began to take precautions for the protection of their property. The shops generally were closed in every part of the town. The police were nowhere to be seen. Neither Captain Pearce nor any of his men were visible anywhere. About five o'clock the military were called out; and a strong body of infantry, followed by a troop of cavalry, marched along the principal streets. The infantry were headed by Baillies Brown and Orr, accompanied by Captain Wilson, of the Southern Dis trict Police. The Riot Act was read in front of the Exchange, by Baillie Orr. After doing all the mischief they could in Buchanan street, the mob returned along Argyle-street, and made an ineffectual attempt to enter the Argyle-arcade, the gates of which were shut upon them at both ends. They then proceeded to the Cross, firing shots as they went along. The crowd at this time had become immense, and filled the whole street. In the Saltmarket, they broke into the shop of Messrs. Paton, ironmongers, and plundered it of several guns, but were dizappointed in their search for ammunition. The mob tben went across Glasgow Bridge, into Laurieston ; and at the corner of Eglinton-street, below the Rainbow Hotel, they rifled Mr. Fyfe's ship-chandler's shop of a portion of its contents. In Clyde-place, also, they plundered the shop of Mr. T. Bishop, ironmonger and ship•chandler. They next proceeded to till Main-street, Gorbals, and plundered different provision shops on their way. Casks of butter, cheese, kegs of herrings, &c., disap peared in all directions. THE RIOTS IN TRAIA_LGAR SQUARE. SUN-OFFICE, Six o'cLocx. In the course of the afternoon, by the combined exertions of detachments of the A, B, C, D, E, and F divisions of police, some of whom were kept in reserve at the Scotland-yard and Gardener's-lane station-houses, the area of the square was cleared. This having been accomplished, the constables were ordered to form a line round the area and to prevent all ingress to it. They did so, and not a soul—not even a peaceable, demure nursery-maid—was allowed to pass through their ranks. At two o'clock the following notice was issued and posted in conspicuous portions of the vicinity 4 NOTICE. " Whereas large bodies of persons assembled yester day, in the fuienoon and theetighout the day, and part of the night, in Trafalgar-square, and iu the neighbour hood, and committed many acts of violence and rioting, and serious breaches of the peace. And whereas large bodies of persons are at this time there assembled, whereby the public peace is greatly disturbed, and the peaceable inhabitants of the neighbourhocl are interrupted in their lawful business, and alarmed :-Notice is hereby given, that all such meetings and assemblies are contrary to law ; and orders have been given to the police to prevent such unlawful meetings, and to apprehend and take into their custody all offenders, that they may be dealt with according to law. And all persons are hereby cautioned and strictly enjoined not to attend, or join, or be present at any such meeting. And all well disposed persons are hereby called upon and required to aid the police in the discharge of their duties, and to ASSlit, as far as they may be able, in protection of the public peace. Whitehall, March 7th, 1848, two o' c l oc k." Whitehall and Cockspur street have been thronged during the whole of the afternoon, a n d the traffic has been thereby greatly impeded. All the shops in the view of the s quare conti nue closed, and business is entirel y suspended in many of them. All violence has ceased. The police in large numbers are scattered about in all directions. Their violence is generally complained of ; in fact, a ll with whom we conversed said, " If the police had not interfered with the crowd in the first instance that no violence would have been done." Fourteen wounded persons have been taken to the hospital in the course of the day, with wounds of more or less severity, from the staves of the police. Nearly forty persons have been taken into custody, charged with throwing stones at the police, and with other riotous conduct We noticed one instance of brutal violence on the part of the police, about half-past five o'clock, at Charing.crues. One of the detective police caught hold of a young man with dreadful violence, crying out, "We want no thieves here." He dashed him into the road with so much violence that our reporter, amongst several others, was nearly knocked down. The young man denied that he was a thief ; but the denial exasperated the officer, who pursued him for some dist a n ce , an d w when he as stopped he struck him on the head with brutal violer.ce, and shook him. Should not the man, we thought, have been left to the punishment of the law if he were guilty, instead of being subjected to the brutality of one of its mercenaries? The man was carried off to Gardener's -lane in the charge of at least 50 policemen, followed by nearly 2,000 persons. The police were under the directions of Commissioner Afayne, and Superintendents Hayes, Pearce, Hughes, sad Beresford. ton THE SUN, LONDON, TUESDAY EVENING, MARCH 7, 1848. No doubt by nightfall order will be restored. QUARTER TO SEVEN O'CLOCK. Since four o'clock the crowd from Charing-cross has been pouring towards the Houses of Parliament, and at the time we write there were 4,000 or 5,040 persons in their immediate vicinity, with whom the police, who mustered in strong numbers, have had several conflicts. BOW-STREET.--(THIS DAY.) (Continued from our Afternoon Edition.) THE RIOTS IN TRAFALGAR.SQUARE.—The disposal of these and other similar cases occupied the Court so long, that it was found necessary to interrupt the order and postpone the hearing of part of them till the ordi nary night charges were proceeded with. After th e . latter were disposed of, the Court resumed the exam nation of the prisoners in charge arising out of the riot. The Magistrate (Mr. Jardine) was occupied with them for the remainder of the sitting. A large number of prisoners taken in the course of the day remain the station-house. It being found im possible to dispose of their cases to-day, they will remain in confinement until to-morrow, when they will be brought before the sitting magistrate. These cases also arise for the most part from the riots. POST-OFFICE NOTICE. REDUCTION OP POSTAGE ON LETTERS TO AND :FROM TAl.Low.—Russian on the spot is offered upon further reduced terms, still the operations have bean to a small extent, the town and country trade only purchasing sufficient for their immediate wants, as the consumption is falling off. The rates accepted are 49s 6d to 505 per cwt for fine P Y Candle, and at which there are ready sellers. Home made is cheaper and the demand limited at 48s 6d to 49s nett cash, whilst the stock is accumulating. Other kinds continue to be brought freely to market and buyers operating with caution, a further depression in the value is apparent. At auction 50 casks of Belgian were taken in at 49s to 50s; 477 casks of Australian only in part found buyers, good and finest 48s to 49s 6d, low and middling 44s 6d to 47s 9d. IMPERIAL PA RLIAM ENT. (THIS EVENING.) HOUSE OF LORDS. ROYAL ASSENT. The Royal Assent was given today by Commission to the Consolidated Fund (8,000,0004) Bill, and the New Zealand Bill. The Lord Commissioners were—the Lord Chancellor, the Earl of Shaftesbury, and Lord Campbell. The house adjourned during pleasure. Their Lordships resumed at Five o'clock. The Earl of S GERMANS presented several petitions from members of the Odd Fellows' Society, residing in various places, praying that they might be placed in the same position as other benefit societies. Their Lordships then adjourned. it right to reduce the wages of labour, a portion of the negro population refused to agree to the terms, and some disturbance and incendiary fires had taken place, but Government were taking active measures to restore peace. INCOME-TAX. Mr, WILLIAN SMITH O'BRIEN moved for a re turn of the amount of income derived from Ireland by persons resident in Great Britain upon which income tax has been paid during each of the last three years, specifying the different classes of income, and the amount of tax derived from each class, with a summary of the whole amount. After some observations from Mr. PARKER, the motion was withdrawn. INSOLVENTS IN INDIA. Mr. C. LEWIS obtained leave to bring in a Bill to consolidate and amend the laws relating to insolvent debtors in India. ' ARMS, On the motion of Mr. HUME, the following return was agreed to :—A return of the number and descrip tion of arms and accoutrements issued to the several Yeomanry Corps in Ireland, in the year 1832-3, stating the numbers returned by each of those corps to the Ordnance, the time when returned, and the numbers now in the hands of the Yeomanry. Mr. HAMILTON moved for returns of the amount of income-tax assessed by the Commissioners upon any annuities, dividends, or shares of annuities payable by the governor and company of the Bank of Ireland, to or for the use of persons not resident in Ireland, under the 91st clause of the Act 5 and 6 Vic., c. 35, during each year since the passing of the said Act. and, of the amount of duty or income-tax charged by the Commissioners in respect of possessions in Ireland under the 100th section of the Act 5 and 6 Vic. c. 35, during each year since the passing of the said Act. The CHANCELLOR of the EXCHEQUER had no objection to the production of the returns moved for. The motion was agreed to after a short discussion. TRAFALGAR-SQUARE MEETING. Mr. M. MILNES said that seeing the Right Hon. Baronet the Secretary of State for the Home Depart ment in his place, he wished to know whether he was possessed of any information with respect to a collision which had taken place between the people and the police at Trafalgar-square.—(Cries of " Hear, hear.") The meeting was called, he believed, by a certain irdi vidual--(Laughter)—and went off peaceably enough. After, however, a great number of speakers had addressed the meeting, with perfect decorum on the part of the people, the meeting being about to disperse, a collision took place between the people and the police which resulted in some vary grave consequences. Under these considerations, :he thought it right that the House should know what directions were given by the right Hon. Baronet the Secretary of State for the Home Department withrespeet to:that meeting— (Cries of "Oh, oh.") He believed that the present dis cussion ,was the best security for the public peace of the country; and he also believed that the police force of the metropolis were anxious to do their duty in the best and most peaceable manner.—(Hear, hear.) Sir G. GREY in reply said, the Hon. Member said quite enough as to the fact of a public meeting having been called by a certain individual, that individual was Mr. Cochrane. Advertisements had appeared in the public papers, stating that it was intended to hold such a meeting, a number of hand bills were also distributed, signed by Mr. Cochrane, stating that the meeting would take place in Trafalgar square, to consider the propriety of peti tioning Parliament for the immediate abolition of the income-tax. The Commissioners of Police intimated to Mr. Cochrane that there was an Act of Par liament to which his attention had probably not been directed, the 57th of George the Third, which prohibited the holding of public meetings for tae purpose of petitioning Parliament for any alteration in existing laws, during the sitting of Parliament, within s mile of Westminster Hall, except in the parish of St. Paul's, Covent-garden. Mr. Cochrane, I believe, expressed his surprise at the intimation of the meeting being illegal, and alleged that it was only convened for the legitimate purpose of petitioning Parliament. To that the Commissioners of Police replied, that the meeting was not an illegal one, but they had thought it necessary to call bis attention to the exist ence of the Act in question which, probably, he had over-looked, or was entirely ignorant of, which the meeting in that particular place was prohi bited. Mr. Cochrane upon this, abstained from attend. ing the meeting ; and so far from such meeting having taken place as stated by the Hon. Member, placards were posted up by the direction of Mr. Cochrane stating that the meeting would not take place, and re quested that the persons assembled would disperse . With respect to the collision referred to by the Hon. Member with the police, I am not aware of any greater consequences than a slight disturbance of the peace, caused by breaking some lamps, and several panes of glass, which the police, I believe, most effectually and temperately suppressed.—(Hear, hear.) PASSENGERS BILL. The report upon this Bill was brought up and agreed to. NOTICE OF MOTION. Mr. C. ANSTEY gave notice of his intention to move the insertion of a clause in the Roman Catholic Relief Bill, providing for the registration of Jesuits in this country. The remaining orders of the day were then disposed of, and tho Rouse adjourned. THE LONDON GAZETTE. (THIS EVENING) WHITEHALL, MAncs 6. The Queen bat; been plragod to dirPet letters patent to be passed under the Great seal of the United Kingdom of Great Britain and Ireland, appointing Richard Torin Kindersley, Esq., to be one of the Masters in Or dinary of the High Court of Chancery, in the room of Sir Giffin Wilson, Knight. FOREIGN•OFFICE, MARCH 4. The Queen has been pleased to approve of Mr. C. F. Juritz, as Consul at Cape Town for his Majesty the King of Denmark. The Queen has also been pleased to approve of Mr. John :Edward Naylor, as Consul at Liverpool for the Republic of Peru. CROWN-OFFICE, MARCH 4. MEMBER RETURNED TO SERVE IN THIS PRESENT PAR - LIADIENT. . City of Waterford—SirHenry Winston Barron, Bart., in the room of Daniel O'Connell, Esq., who has ac cepted the office of Steward of her Msjesty's Chiltern Hundreds. Commission by tho Lord Lieutenant of the County 0, Durham. Anthony Wilkinson, Esq.,to be Deputy Lieutenant, March 2. Commission by the Lord Lieutenant of the County of Kent. East Kent Regiment of Yeomanry Caysdry—Liout. William Creed Fairman to have the rank of Captain, without additional pay, March 3. Commission by the Lord-Lieutenant of Salop. South Salopian Yeomanry Cavalry—The Right Hon. Edward James Herbert Earl of Powis to be Lieutenant Colanel Commandant, vice the late Earl of Fowls, de ceased, Feb. 29. WHITEHALL MARCH 3. _ The Lord Chancellor has appointed Giles Grevile, of the city of Bristol, Gent. to be a Master Extraordinary in the High Court of Chancery. BANKRUPTS, Joseph Smith and John Cooper, woollen drapers, Mill street, Hanover-square, to surrender March 18, at twelve, and April 18, at one, at the Court of Bank ruptcy. Whitmore, official assignee, Basinghall- street; Gale, Basinghall-street. • Thomas James Thurston Ashley, licensed victualler, Clerkenwell-close, March 17, at halt-past two, and April 14, at eleven, at the Court of Bankruptcy. Edwards, official assignee, Frederick's-place, Old Jewry; Thomp son, Bucklersbury. David Hughes, grocer, Tredegar Ironworks, Mon mouthshire, March 21, and April 18, at twelve, at the Bristol District Court. Miller, official assignee, Bristol; Rowland and Co., Threadneedle -street, London; Bird, Cardiff. Horatio Vertue, corn and seed factor, Great St. Helen's' City, March 13, at ene, and April 17, at the Court of Bankruptcy. Graham, official assignee, Cole man-street, London; Taylor, Mark-lane. William Henry Morris, dealer, Meeting House-lane, Peckham, March 14, at one, and April 17, at half-past twelve, at the Court of Bankruptcy. Turquand, official assignee, Gnildh a ll- c h am b ers •' Shaw, Fish street-hill. Henry Morri s , v i ctua ll er , Liverpool, March. 20 and April 12, at eleven, at the Liverpool District Court. Cazenove, official assignee, Liverpool; Hall and Co., Gray's Inn, London; Neal, Castle-street, Liverpool. John France Fletcher and Henry Fletcher, cotton manufacturers, Over Darwen, Lancashire, March 17 and April 7, at twelve, at the Manchester District Court. Hobson, official assignee, Manchester ; Gregory, Faulkner, Gregory, and Skirrow, Bedford-row ; Hemp son and Son, Manchester. William Rickerby, newspaper proprietor, Falmouth, March 16, at twelve, and April 19, at eleven, at the Exeter District Court. Hernaman, official assignee, Exeter; Harrison, Walbrook, London; Stogdon, Exeter. Thomas Tyson, builder, %Vhitehaven, Cumcorland, March 20, at eleven, and April 20, at twelve, at the Newcastle-upon-Tyne District Court. Wakley, official L assignee, Newcastle-upon-Tyne ; Brockbank, White naveY • Helder, Clement's Inn, London. William Lee and Joseph Leo, iron founders, Sunder land, March 17, at half-past ten, and April 20, at one, at the Newcastle-upon-Tyne District Court. Baker, official assignee, Newcastle-upon - Tyne; Brunton, Sun derland; Wilde, Rees, Humphry and Wilde, College hill, London; Hall, Butcher-bank, Newcastle-upon- Tyne, Thomas Nesbitt and Robert Cairns Nesbitt, brewers, Sunderland, March 16, at half-past eleven, and April 12, at one, at the Newcastle-upon-Tyne District Court. Wakley, official assignee, Newcastle-upon-Tyne. Thomas Winstead Green, straw bonnet manufacturer, High Holborn, March 21 and April 14, at one, at the Court of Bankruptcy. Groom, official assignee, Ab church-lane, Lombard street ; Reed , La n gford , and Marsden, F r id ay - street, Ch ea pside. Sampson B agne ll, j un ., g rocer, Leek, Staffordshire, March 21, a t twe l ve, an d A pr il 18, at eleven, at the Bir minghum Di str i ct Court. Ch r i s tie, official assignee, Birmingh am ; Hacker and Blower , Leek ; Motteram, Knight, and E mmet, Birmingham. James W oo d war d an d W i lliam Woodward, builder, Walnut Tree-walk, Lambeth, March 17, at half-past eleven, and April 18, at twelve, at the Court of Bankruptcy. Walsinghara.place, Ken Whitmore, official assig n i n gton-road. nee, Basinghall - street ; Barton, William Price, i n nk ee per, Preston, March 17 and April 7, at twelve, at the Manchester District Court. l i"son, official usb:gilet,MaLiel,ester; ClitbLet, ToLliadu and Chester, Staple Inn, London ; Hap:lock and Swill raiton, Giles Frampton, butcher, Beaminster, Dorsetshire. March 16, at twelve, and April 19, at eleven, at the Exeter District Court. Officicial assignee, llernaman, Exeter; Nicholetts and Prout, Bridport ; Stogden, Ex eter; Brace, Surrey-street, Strand, London. John Carter, merchant, Liverpool, March 17 and April 18, at eleven, at the Liverpool District Court. Bird, official assignee, Liverpool ; Gregory and Co., Bedford-row, London; Horner, Liverpool. John Hartley Lindley, livery stablekeeper, Doncaster, March 21 and April 10, at eleven, at the Leeds District Court. Hope, official assignee, Leeds; Walter and Co., Symond's Inn, London; Sheardon, Doncaster; Dunning and Stawman, Leeds. _ . George Smith, grocer, Great Preston, Yorkshire, March 23, and April 27, at eleven, at the Leeds District Court. Young, official assignee, Leeds; Singleton, or Barrett, Leeds. George Sturt, banker, St. Albans, March 16 and April 14, at t Leven , at the Court of Bankruptcy. Green, offi cial assignee, Aldermanbury ; Dyne, Lincoln's Inn-fields; Day, Hemel Hempstead. Humphrey Lay field, boiler maker, Burnfield, Lan cashire, March 20 and April 12, at twelve, at the Man chester District Court. Fraser, official assignee, Man chester; Goegory, Faulkner, Gregory and Skirrow, Bedford-square; Cooper, Manchester. James Oliver Mason, John Mason, and Alfred Mason, merchants, New Broad-street, City. Thomas Harwood, saddler and harness maker, Oxford street. Benjamin Lancaster, retail brewer, Oldbury, Wor cester. LATEST PRICES OF SIIAILEs, LN BANKS, ASSURANCE, AND OTHER COM PANIES' STOCK. From the OfjFoist List, KIELISIIED EVERY TIIENDAT AND FRIDAY EVENING. LONDON. TUESDAY, MARCH 7. J OINT-STOCZ, BANKS. Dividend ) Aarount Name of Company. per of Paid. Price Annum. Share. -,-_ - £ s. d. £ s. d. A.ostralasia ....••••.• 40 0 0 40 0 0 19 3ritsh/sorth American 51. per cent. 50 0 0 50 0 0 - Ceylon .............• 61. per oent. 25 0 0 25 0 0 - .lommercial of London 61. per cent. 100 0 0 20 0 0 - - lolonial.. .. ..... .... 51. per cent. 100 0 0 25 0 0 - Gloucestershire ••• • • • 151 per cent. - - - lonian ........ •.• ..• 61. per cent. 25 0 0 25 0 0 - Londn and Westmlnstr 61. per cent. 100 0 0 20 0 0 - - - 13 0 0 - London Joint-Stock ••• 61. per cent. 90 0 0 10 0 0 15 Provincial of Ireland.. Si. per cent. 100 0 0 25 0 0 2114 Ditto, New... ••• • • • 81. per cent. 10 0 0 10 0 0 - National of Ireland .. 51. per cent. 50 0 0 22 11 0 - Nat. Provncial of Eng. 61. per cent. 100 0 0 35 0 0 - DRAG, New......... 51. per cent. 20 0 0 10 0 f , - South Australia ••• • • . - - 22 10 0 - Union of Australia.... 61. per cent. 25 0 0 25 0 0 - - - 2 10 0 - Uni,in of L0nd0n..... 6/. per cent. 50 0 0 10 0 0 - Union of Madrid - 40 0 0 40 0 0 - INSURANCE COMP-ANTES. 1 Dividend Amount - Name of Company. per of Paid. Price Annum. Share. £ s. d. £ s. d. Albion .. • ... •••• • • • • 3/. 10s. 500 0 0 50 0 0 75 Alliance Brit. and For. 6 per cent. 100 0 0 11 0 0 17k, Dirt) Marine.• ••• •• 6/. per cent, 100 0 0 5 0 0 - Atlas . •• British Commercial .. 7s. per share 50 0 0 5 0 0 514 Clericl,Med.&Gen.Life 51. per cent. 100 0 0 10 0 0 20 31. 100 0 0 10 0 0 - 133. 50 0 0 5 0 0 11 ' Eagle • Eng. & Scot. Law •• .. 5/. per cent. 50 0 0 2 12 6 - • European Life ••- •• 5% per cent. 20 0 0 I All paid. - Family Endowmr t Soc. 41. & bs. 4 0 0 4 0 0 - F: eemasons' .- • • • • 51. per cent. 20 0 0 3 0 0 ,ilote - 119 ‘iuftriliau ...... -- • . 51. per cent. 100 0 0 36 10 0 46 'mperial Firo ...... - 12 per cent. 500 0 0 50 0 0 220 imperial Life .... •• • • 12s. 100 0 0 10 0 0 1454 Indemnity Marine •• • • 11. sh. & bs. 100 0 0 5 13 1 - Law Fire - .......... - 100 0 0 2 10 0 - LAW 1 ife •••••• - • • - 11. Se. 100 0 0 10 0 0 45 Legal and General Life - 50 0 0 2 0 0 - ..,....rAlcn Fire .... -• • 10s. 25 0 0 12 10 0 lnii London Ship ........ 10s. 25 0 0 12 10 0 13k, Marine .• • .... - .... - 100 0 0 15 0 0 - Sled. Invlid& Gen. Life 4%1. per ct. 50 0 0 2 0 0 2% Yetional Leau Fund•. 51. per cent. 20 0 0 2 10 0 - sational Life. •. • - Palladium Life Si. per cent. 30 0 0 2 0 0 - Pelican • . • • • • • • • • .. • • - - - 33 i'll,P:liX • - - - ''f otector Life.... ... 5/. per cent. 20 0 0 1 0 0 - rovidcrit Life •••• • . • • 11. 55. 100 0 0 10 0 0 - Flock Life.. ...... .... 4s. 5 0 0 010 0 414 ltoyal Exchante 5/. per cent. Stock. - ISO 'tin Fire.. - - - Ditto Life . 11. 6s. - - - Universal Life.... •. - 10%1. pr att. 100 0 0 810 0 - V iaoria Life . - - 4 0 0 - DOCILS. Dividend Amount Name of Company. per of Paid. Price. Annum. Share. --- - £ s. d. £ s. d. CAn rnercial . - 70 East and West India 6l. pr cent. Stock. - - East Countr - 21 1 =den - 9954 Ditto Bonds- ...... -Ll. per sent. - - - 41. Katharine ........ 5 per cent. Stock. - - Ditto Bonds.. ...... 1% /. pr cent. - - - Southampton •• ...... 2/. per cent. 50 0 0 50 0 0 22 IMPERIAL PARLIAMENT. DOUSE OF CORM MONS, Mcnch 6. The SPEAKER took the Chair at ten minutes before Four o'clock. Mr. 11. DRUMMOND took the oaths and his seat for Perthshire. the income-tax in 1832, to show that it had not been brought forward, as some had alleged, selely to meet a deficit, but also to enable the Government of the day to remove other taxes which pressed upon the industry and commerce of the country. If that was not the case with regard to its imposition in 1842, how was the case in 1845 ?—(hear, hear.) In that year there was no lop,ger a deficit, but a surplus ; and yet the Right Hon. Baronet (Sir R. Peel) came down and propo,ed to the House the renewal of the income-tax for a further term of three years. Neither had the House been deluded—but, on the contrary, fully warned—as to the mode in which the tAx ought to be levied, and that there would be no distinction . between the schedules for those three years, at all events. Mr. Roebuck, on the occasion of the renewal of the tax, moved to omit professional incomes from the same ope ration of the tax as those from property, and fifty-five gentlemen only supported his views ; whilst, on a sub sequent occasion, when the House divided on the main question of the proposal of the tax, the majority against the motion was no more than thirty.—(Hear, hear.) He thought, then, that he was justified in his pre sent proposition. He would not argue now the charge that this was to be a permanent sub stitution for other taxation ; but what he did say that Parliament was pledged to was this—to give an opportunity for other sources of taxation to be con sidered, with a ♦iew to the equalisation of the income and expenditure of the country, and for that purpose Parliament was Wedged to the inaintenance of this tax for a limited time. He thought lie had taken the shortest possible term in which to accomplish that object, and he did claim some character for consistency for that House, and he called upon them to continue this tax for the time which it was proposed.—(flear, hear.) The Right Hon. Gentleman then expressed his regret that some Hon. Gentlemen should have altogether falsified the plieciples on which this experiment had originally been made—(Hear, hear)—and, referring to the state of commercial matters, observed that he could not say that he saw an early prospect of their revival, for, in addi tion to existing causes, the state of affairs abroad might have some eftect on the interests of commerce for a time ; but that, he might be permitted to remark, afforded a still stronger reason for the continuance of this tax for three years longer rather than for one. The Honourable Member for Montrose had remarked that it was very desirable that all their taxes should be proposed for one year, but he (Sir C. Wood) very well remembered, in reference to their annual debates upon the sugar duties, that the trade that was interested therein had always said that nothing in tho world was so prejudicial to their interests as bringing their case before Parliament every year.—(Hear, hear.) He must say he always thought that they were right in that opinion; and he was convinced that a proposal to make all duties annual duties would be the greatest blew that could be given to the trade and commerce of this country.—(llear, hear.) With respect to a general re vision of taxation, too, he must say, that to propose that such revision should be undertaken at once appeared to be impracticable. He could only say that ho was as anxious as any man could be to reduce expenditure when such reduction could be safely effected; and the only case in respect of which they (the Government) were anxious to resist any redaction—at least any undue re- duction—was that of those establishments ;,hick tl - .0 thought necessary for the protection and the honour of the country. The Right Honourable Gentleman con cluded by expressing a hope that the reasons he had ventured to state to the Honse would induce them to assent to the preposel of the Government. Mr. SPOONER would vote for the motion of the Hon. Member for Montrose because of his anxiety to uphold the honour and credit of the country, and because he was opposed to the reduction of those esta blishments which were necessary for its protection. He conceived that there was nothing so dangerous to both as a tax which was not only unjust in its principle, and unpopular in its provisions, but it was rendered still more unpopular by the way in which those provisions were carried out by the Commissioners in various parts of the country. Ile would also vote for the motion, because after the division of Friday night it was clear that the Government intended to press the tax upon the House without any modification, and he thought the sooner the industrious classes were released from its ine quality and injustice the better. He was of opinion, too, that Ireland ought not to be excepted from it. He was aware that other taxes were at the time proposed as equivalents, but they had not proved to be equivalents. He thought it unjust that the owner of property in Ire land, if resident abroad, should not be subject to that tax. The Right Hon. Gentleman the Chancellor of the Exche quer had observed that this tax, was imposed partly to make up a deficiency, and partly to try a great experiment which was greatly to benefit trade and commerce, but which was not yet fully carried out, and, that, there fore, the tax ought to be continued. But had that expe riment been successful ? He maintained that it had not. The industry of the country was completely broken down, and the small capital of the small tradesman destroyed. Those who were in point of fact the strength of the nation—the middling classes—were paralysed. That has been the experience of the past, and he warned the House before it took such a step as that, proposed by her Majesty's Government. The House was not aware of the extent of the injury it would be inflicting. The people of all classes were opposed to the measure, and nothing could be so dangerous as to permit the neces sary expenditure of the nation to depend upon a plan which was rejected and disapproved of in all directions, and which was thoroughly revolting to the majority of the people of the country. A spirit of justice should be not only displayed but adopted, and if the Government wished to make the tax in any degree well received, it should not be for more than one year. If they had wisely made such a proposition as that, they would have done much more to support the credit of the country than by the measure they now submitted. They had twice granted an income-tax for three years, and upon both occasions, hopes had been expressed, promises had been made, that before the termination of either of these periods, the revenue of the country would be so greatly improved, that the further continuance of the impost would be unnecessary. The measures recently proposed showed how those promises had been kept—how those hopes bad been realised. One of the causes assigned for the continuing the tax was the bad harvest of last year. The next would in all human probability be better ; the Government could lose nothing by trying for one year, but if the tax was imposed for three years, it would be considered a permanent one, and would con sequently be much more objectionable. He was as anxious as the Hon. Member for Montrose himself to curtail the expenditure of the country, but he was also desirous to sustain its credit, and he looked upon the present measure as more calculated than any other to shake that credit, and render the people discontented. He believed the experiments of 1842 and 1845 were wrong in principle. The real just principle upon which taxation should be conducted, was to confine it to the importation of all foreign articles by foreigners. Their free-trade policy had had the effect, even already, of turning the balance of trade against t hem, and the failure of the hervests aggravated the calamity. He, however, went further back than the experiments of 18.12 and 1345, with respect to which, as well as our monetary and free. trade ayste:ns, he had the misfortune to differ very widely with those for whose judgment and wisdom, upon other subjects, he always entertained the deepest respect. He considered our present free-trade and mone tary systems the fundamental sources of a'snost all the evils by which this country was afflicted. How was that during the war, when our commerce was crippled by all the regulations which Bonapurte could impose, we could raise 120,000,0001. with far less difficulty than we could now borrow so many thousands. We had no free-trade system at that time, and when an income tax of 10 per cent. was proposed the answer now made was not then given—" that the poverty of the people was so great they could not afford it." The Honour able Gentleman commented upon the various statutes passed from 1810 to 1844, regulating our monetary sys tem, and expressed his disapproval of the celebrated Bank Act of the latter year. He was not for a paper currency without a due limit, but he affirmed that the point of convertibility which had been adopted by the Act of 1844 was an unjust one, and could never be main tained. That error (it was understood) was in a great measure the cause of all the fluctuations between pros perity and adversity which were recently witnessed in this country, and those fluctuations would continue until this subject was thoroughly grappled with, and all the injustice removed. Considering the condition in which the country was, he was unwilling to object to the income-tax for one year; but if the Government pressed it unmodified, and for three years, he should think it his duty to offer the measure his most strenuous opposition.—( Hear.) Captain TOWNSEND said, as that was the first time he addressed the House he was not about to make a cur rency speech; but he would express a fen . sterling words—(A laugh)—upon the subject under cometleratioa. He regretted extremely that the Government h a d pro posed such a measure, for he always thought an income tax the most odious and inquisitorial of the taxes intro duced into this country. It was unequal and in every respect objectionable; but when proposed by the Right Hon. Baronet opposite it was received as a good and a fair tax. In 1842 there were no meetings or demonstra tions against it. Then it was represented that it would last only for three years. On its expiration iu 1845 it was renewed, and then there were neith er meet i ngs nor any public expression of disgust or opposition. No gen tleman in or out of that House was more opposed to the income-tax than he; but, as their constituencies had not spoken out upon the subject, he thought they were served quite right in being saddled with it.—(Laughter.) And he for one should give the measure his sup port. He thought the country should suffer for its stupidity, and h e h o p e d t h ey wou ld.—(L aug h ter .) Objections had been mjde to the improvement of our national defences, and also to what had been termed " the warlike speech" of the Noble Lord (J. Russell) ; but he quite disagreed with the Hon. Gentlemen who had taken those objections, for a more pacific speech, or one expressive of more kind and friendly feelings to wards the French people, could not have been delivered. As to our national defences, our standing army was not more than was required. As long as we have colonies we must hold them in a great measure by military occu pation. It could not be expected that we were to have no disturbances at home requiring the aid of the military. Free trade would disappoint many who expected it would operate as a panacea for all evils. When there were so many demagogues, as in Ireland, screwing the last penny out of the poorest of the most miserable and destitute people, it was not to be suiposed that we do not need a strong military force always prepared fur any emergency.—(Hear, hear.) He did not suppose for a moment that the Fren c h wou ld attempt anything so rash as an i nvas ion df this country, but, at the same time, it was possible, and we should be ready to receive them. Thu expenses of our n ava l an d military establishments were objected to; b u t w h at, h e would ask, was to be done in case of war? He supposed the Mei. Member fur noxbester (Mr: 13: ,h,) v,ettld recommend that the guns fit for present use should be removed, and sham ones, or quakers, placed in their NEW GRANADA. GENERAL POST-OFFICE, Menai 7, 1848. Her Majesty's Government having concluded a con vention with the Republic of New Granada for the reduction of postage upon letters and newspapers con veyed between this country and New Granada; on and after the 16th inst., the provisions of the convention will come into operation, when the rates of postage will be as follows: Upon letters passing between the United Kingdom and any port in New Gra na d a , w h e th er i n th e Atl an ti c o r Pacific, an uniform rate of one shilling the half-ounce, two shillings the ounce, and so on in proportion. Upon letters passing between the United Kingdom and countries or places in the Pacific, via New Granada, an uniform rate of two shillings the half-ounce, four shillings the ounce, and so on in proportion. The postage upon letters dispatched from the United Kingdom to New Granada, or to countries or places in the Pacific, via New Granada, must be paid in advance. British newspapers duly stamped and posted in the United Kingdom, addressed to New Grenada, and New Grenadian newspapers, printed in the language of New Grenada, and posted in that country, addressed to the United Kingdom, when forwarded by packet direct, will not be liable to postage. When such newspapers, however, are transmitted by private ship, they will be subject to a postage of one penny each, which must be paid in the United Kingdom both on their receipt and dispatch . COURSE OF EXCIL Amsterdam • 12 5 34 at sight •• 12 Rotterdam .... ••.. •• 12 6 Antwerp • • ............ 26 — llamburgh .... —MX. 14 15 Altona.• .. Paris, 3 days' sight .. 25 50 Ditto, •••• .. • • ...... 26 %families ••••••• • .. • • 26 10 ttourdeaux.... ..... • • 2G 10 Frankfort on Maine.... rotersburgh, ail. 8b1,.. Vienna, effec. Trieste, ditto—. Madrid Cadiz .. .• • LIiGE.-(TIIIS DAY.) 31braltar.. •• — Leghorn .....• .. •• — 31 30 Genoa .. •• •........... 2G Milan ................ Venice.. .............. Bilbao...—. Barcelona ..... •• •••• - Naples Palermo, pero;.: :: :: . . Lisbon—. ....... ..... Oporto .. .. .... • • • • .. • • Rio Janeiro .......... Buenos Ayres . • •• • • New York, 21 days'elght Philadelphia .. • • • ..... _ 52 51.% PRICES OF BULLION, r OZ. Foreign Gold in bars.. .C 4 l'T 9 New Dollars .... • • • 4 9% Portugal Gold Coin • • 0 0 0 Spanish Doubloons .. 0 0 0 I. la bars 0 4 11% MORTALITY in the METROPOLIS NUMBER OF DEATHS FROM ALL CAUSES REGISTERED IN THE WEEK ENDING SATURDAY, MARCH 4, IBM Epidemic, Endemic, and Contagious Diseases 270 Diseases of Uncertain Seat ... ... 49 Turbereular Diseases... ... 157 Diseases of the Brain, Nerves, and Senses... ... 136 Diseases of the Heart and Blood-vessels .. 35 Diseases of the Lungs, and other Organs of Respiration ••• ••• ••• ••• ••• Diseases of the Stomach, Liver, and other Organs of Digestion... ••• .•• •• Diseases of the Kidne3s, &c. Childbirth, Diseases of the Uterus, &c. Diseases of the Joints, Bones, and Muscles Diseases of the Skin, &c. Malformations... Premature Birth ... •• •• Atrophy ••• ••• ••• ••• •• Old Age ••• ••• ••• ••• •. Sudden ... • • Violence, Privation, Cold, or Intemperance Causes not specified ... •• II 79 ... 24 ... 33 ... 59 DEATHS FROM ♦LL CAUSES ... 20 ... 25 ... 1,114 Ponulation Average weekly Deaths Enumerated, Deaths, 1843-7. in the 1841. Five Winters. Week. West Districts... 300,711 . . 161 ... 179 North Districts.. 375,971 ... 209 ... 202 Central Districts 373,653 ... 203 ... 179 East Districts ... 392,444 ... 235 ... 238 South Districts.. 501,190 ... 299 ... 316 Totals... ..... 1,948,425 ... 1,107 ... 1,114 Males ... ... ... ... ... 557 Females ~. ... ... ... ... 657 Males Females BIRTHS IN THE WEEK. Total ~ ... ... 713 ... ... 667 -. -.1,376 MARKET INTELLIGENCE. (From the London New Price Current of March 7.) SUGAIL—To-day there was a material diminution in the demand for all kinds of raw Sugar for home con sumption and exporters showed very little desire to make sales. The market was abundantly supplied with free-labour sorts ; merchants were anxious sel lers, and submitted to reduced rates. West India _Muscovado was bought with mucn caution both the the scale and pan, although the rates taken are 6d per cwt under those of Friday. The private operations did not exceed 270 hhds and trcs. At public sale 10 hhds of Berbice were sold at 37s for good strong grey. The market for both Colonial and Foreign Sugar closes with much dullness. REFINED.—To-day there was a falling off in the de' wand for all sorts of RefiuQd goods, and lower rates were taken, Standard Lumps selling at 546 to .54s 6d, and brown grocery 533 to 53s 6d. A further increase is apparent in the supply. Bonded Crushed is dull of sale. EAST INDIA.—This afternoon holders of Madras were desirous to realize, and 2,223 bags at public sale went at a reduction on former rates of is to is 6d per cwt, but the whole sold. Bengal is not much required, and the supply is plentiful; three parcels were offered at public sale, and amounted to 5,210 bags, but a very small por tion only sold at 6d to is decline. 71 cases Singapore were sold at the reduced rate of 37s for middling greyish yellow. MAURITIUS.—Thii afternoon the quantity of Mauri tius Sugar submitt( d to public competition was exten sive, and amounted to 21 casks 11,270 bags, consisting principally of middling and good grocery sorts. There was little desire evinced on the part of refiners or grocers to Operate in any sort, and a small part only sold, al though holders were willing to realize, and submitted to a reduction on Friday's rates of 6d to is per cwt. FOREIGN.—To-day there was no public s a l e , an d th e sales made privately were trifling. The rates taken for all sorts are rathea under those that existed privately. MOLASSES. The market remains quiet for West India, and as there is a large stock, holders aro willing to take rather lower rates, and accept 15s to 19s for ordinary to fine quality. Of Cuba 26 tierces at public sale realised 16s per cwt. In East India Treacle there has been little passing. COFFEE. This afternoon Plantation Ceylon was operated in with caution. At public sale two parcels were offered, and amounted to 1,036 bags ; the chief part was disposed of, but at a reduc tion of 2s per cwt.; middling bold, rather colorv, went at 50s, low middling 46s to 48s, fine tine ordinary greyish 41s 6d to 445, fine ordinary 37s to 3515, fine ordinary brown 35s 6d to 365, good ordinary 33s 6d to 34s 6d, damaged 33s to 47s 6d, triage 24s to 28s, The market for Mocha is quiet, mid 67 bales want at barely former rates, Native Coyloli met with a dull sale in the private market. TEA.—Black is held for previous rates, but the sales concluded are limited in all sorts. We quote ordinary and gocd ord sound congou at lid to 9d, middling 94d to I Id, good is to is 2d, fine is 3d to is sd, Pekoe flavour Is 6d to is 9d, Pouchong clean 6d to 9d, Souchong low and middling 9d to lid, good to find is to 2s. In Green, purchases to a fair extent have been concluded, yet holders are compelled to accept previous moderate rates, but the quantity on offer is not so large as of late. RlCE.—This afternoon there was no increase in the demand for any sort of East India Rice, and holders were inclined to sell. Of 3,895 bags of Madras offered at public sale a small part only sold at easier rates. 1,400 bags Bengal were all taken in at 12s 6d for good white rather dusty. SPICES.—To-day, at public sale, 555 bags of Penang Pepper were offered, a part only of which found buyers at the full value : 243 bags of Long Pepper taken in at 35s ; 12 chests Nutmegs went rather cheaper. Cassia Lignea is less wanted ; and 670 cases went 6d to is lower. SPIRITS.—To-day holders of Rum were firm, and insisted upon is lld to is Hid for proof Leewards, Is 9d to is Sid for East India, and 4s to 4s 8d for fair to fine Jamaica, 30 to 38 per cent over proof, and a good amount of business was concluded. A government con tract for 100,000 gallons of Rum will be declared shortly. SALTPETRE. —To-day the demand was active for Rough, and 2,602 bags Calcutta at auction sold at a further advance, making the rise on tho rates of the last public sale of 3s per cwt. Mi ddling sarong grey, rather ehrystal, 10 : 4 - 1 per cent refraction fetched 32s to 32s 6d per cwt. Holders have much confidence as to the Future of holders of Fi s h O i ls there is po o siti l o s n .— of o t n he th m e arket. part more firmness, and they have less freely supplied the market, there is no improvement in the demand. Cod can be obtained at 25/, yet there are few buyers to be met with, and the supply is on the in erense. Seal is heavy of disposal, and there is a de. sire to sell. Souihern is little wanted. Sperm cannot be called cheaper, but the demand is not so active. Linseed Oil is not cheaper, Yet the home trad e operated with caution, and few export orders were con cluded. Rape Seed Oil attracted little attention, and prices are on the decline. Palm is little required. Cocoa Nut met with little attention, and fine quality is obtain rble at 54s to 555. Olive is much in demand, and prices are on the advance. Lard Oil sells slowly. HOUSE OF COMMONS. The SPEAKER took the Chair at ten minutes before Four o'clock. GREAT LONDON DRAINAGE COMPANY. The Great London Drainage Company's Bill was read a second time, and ordered to be committed. Mr. CLAY presented a petition from Hull against certain clauses in the Health of Towns' Bill. Mr. W. BROWNE presented a petition from a place in Lancashire against the Charitable Trusts Bill. Several petitions were presented against the Jewish Disabilities Bill; and also against the renewal of the Income-tax. Mr. S. CRAWFORD presented petitions in favour of the Tenant Right . Bill. Sir JOHN DUCKWORTH presented a petition from Exeter against the Diplomatic Relations with Rome Bill. Mr. REYNOLDS presented a petiton from Dublin praying for the abolition of ministers' money. The Earl of; ARUNDEL and SURREY presented petitions in favour of the Bill for the removal of Jewish Lord MORPETH presented petitions in favour of the Health of Towns' Bill for Rotherham, Gainsborongh, Sbeffield, Northallerton, and Halifax. The Noble Lord also presented a petition in favour of the Jewish Dis abilities Bill. Mr. COWAN presented a petition from Auchterarder against the Diplomatic Relations with Rome Bill. Mr. WAKLEY presented petitions from different parts of Londo❑ against the increase of the army and navy. HARWICH ELECTION. The following Members having been appointed by the General Committee of Elections to try the merits of the election for Harwich, were sworn at the table:—Sir W. M.lesworth, Sir Edward Hayes, the Hon. J. E. Elliot, Mr. Beckett, and Mr. Stuart Wortley (chairman). LINCOLN ELECTION. The following Members having been appointed to try the merits of the election for the city of Lincoln were sworn at the table :—Mr. W. Miles, Mr. Lockhart, Mr. J. B. Smith, Mr. Langston, and Mr. Morgan John O'Connell (chairman). Mr. HUME presented a petition, signed by numerous inhabitants of Colombo, in the island of Ceylon. The petitioners stated that they were suffering under great grievances, and that a spirit of discontent was very widely spread among them. They had presented several petitions, very numerously signed, to the Governor of the island, but their prayer had been wholly disre garded, and they now prayed the House to institute an inquiry into the cause of their grievances. The Hort. MEMBER also presented several petitions against the income-tax in its present shape. ROYAL CO M MISSION. The Usher of the Black Rod appeared at the bar, and requested the attendance of the House in the House of Peers, to hear the Royal Assent given by Commission to the Consolidated Fund (8,000,0000 Bill, and the New Zealand Bill. The Speaker accompanied by several Hon. Members accordingly proceeded to the House of Lords. LYME REGIS ELECTION. _ _ _ Lord ASHLEY brought up the report of the Com mittee on the Lyme Regis election petition, declaring Mr. Abdy to have been duly elected. The Committee also reported that Mr. John Attwood, formerly a Member of that House, had, since 1842, purchased considerable property in Lyme Regis, and had been in the habit of granting money to voters in that town on condition that such voters should at future occasions vote for him or any one whom he might nomi nate. The Committee bad also ascertained that the petition was set on foot at the desire of Mr. Attwood, who personally requested the parties to become the peti tioners, and had undertaken to pay the ex penses of such petition, including the possible forfeiture of the recognizances. The Committee had also ascertained that the same gentleman bore the ex pense of the petition of 1842, amounting to nearly 1,000/., and the Committee desired to express their opinion that the house ought Instantly to take measures to check such transactions, which operated grievously upon the electors, and totally destroyed all the freedom of elections. The report was received with loud cheers. On the motion of the NORIA LORD, the minutes of the proceedings, and evidence taken before the Committee, were ordered to be laid upon the table of the House. INCOME-TAX. Mr. MACGREGOR gave notice that, in the event of the income-tax being continued, he should move, on bring ing up the report, that it was just and expedient to ex tend to Ireland, till 1851, the same rate of income-tax, excise duties, and other assessed taxes, which might be levied during the same time in Great -Britain. CAPE OF GOOD HOPE. Mr. HUME wished to ask of one of the members of the Government the question of which he had given notice, namely, whether the Government had any inten tion of extending to the Cape of Good Hope and Van Diemen's Land a representative and responsible Govern ment, to enable them to manage the affairs of the colony without expense to the mother country? Mr. LABOUCHERE was not aware until the present moment that the question of the Hon. Member for Montrose extended to the Cape of Good Hope ; he could, however, assure his Hon. Friend, with regard to Van Diemen's Land, and the other Australian colonies, that the subject was under the consideration of the Secretary of State for the Colonies, and he was in hopes of being able during the present session to propose a measure to the House, the object of which would be to give free institutions to Van Diemen's Land and the other Australian colonies. Mr. HUME, considering the answer most unsatisfac tory, gave notice of his intention to bring in a Bill on the subject. It was idle to wait as long as the Govern ment chose to be considering the subject. TENANT- RIGHT. Mr. SHARMAN CRAWFORD then rose to intro duce the Bill of which he had given notice, for the purpose of securing the right of outgoing tenants in Ireland. Ile was prepared, if it was the pleasure of the House, to go at length into the case, but if no opposition was intended to be made against the Bill, he would merely move for leave to bring it in. Sir GEGRGE GREY said it was not his intention, on behalf of the Government, to offer any opposition to the introduction of the Bill. Mr. POULETT SCROPE thought if there was any subject more important for the consideration of Parliament than another, it was that intro duced by the Honourable Member for Rochdale. He thought it was necessary to come to a settlement without delay. If something was not done soon, parties would take the land of their own of which they were now only tenants. He could see:plainly that the repeal agitation would soon become a tenant right agitation. Colonel CONOLLY deprecated the system of agita tion which was constantly kept up by the Hon. Members for Stroud and Rochdale, on the subject of this tenant right, leading the people of Ireland to betieve that they were able to hold their lands in spite of, and in opposition to the landlordc. Tht gave them credit for the best inten tions, but a more dangerous and a more turbulent order of things never was promoted than had been fermented and excited by the countenance of those two Honourable Members .—(Laughter .) Mr. BRIGHT said that he felt persuaded that if there was one thing more than another in which the House had failed in its duty was that this question of Ireland was not discussed properly in that House. Ile believed that the Hon. Member referred to had done great good for Ireland, by the pertinacity with which they had brought the subject of Irish grievances before the House. If something was not done the land lords of Ireland would soon lose their rights altogether, and their property would be transferred to other owners. There had been a larger number of persons starved to death in Ireland than had ever been killed in any Ns ar, however long or sanguinary, in which the Government had been engaged. It was most disreputable to the Government and to the House, when it was acknowledged that the principal part of this evil arose from the system of tenure of land in Ireland, that the subject should not receive proper attention. Mr. TRELAWNY was understood to say that he should oppose the principle of this Bill. Mr. HUME deprecated any attempt at interference between the relations of master and man; such inter ference had been always productive of greater evil to the men than to the masters ; it only raised expec tations which after experience failed to justify. No man could manage his affairs better than himself, and any interference cn the part of other individuals was against sound principles, and ought not to be coun tenanced by the House.—(Hear, hear.) Sir W. SOMERVILLE agreed with his Honourable Friend the Member for Manchester that Ireland was in an exceedingly bad state, but still he was not prepared to resist the introduction of the Bill. Atter a few words from Mr. M. J. O'CoNNELL and Dr. BowaING, the amendment was withdrawn, and leave given to bring in the Bill. INCENDARIES IN DEMERARA. _ Lord GEORGE BENTICK seeing the right Hon. the President of the Board of Trade in his place, he Wished t o as k h i m whether G overnment h a d rece ived any information from Demerara on the subject of incen diary fires in that colony? Mr. LABOUCIIERE said information had been re ceived from the Governor up to the 31st January, and it appeared that the employers of Demerara had thought WAYS AND MEANS. The question having been put, Mr. lIUME again rose for a moment, and said that it was his intention to take the sense of the Committee on his proposition.—(Hear.) The CHANCELLOR of the EXCHEQUER then rose and said, that from some of the observations of the Hon. Gentleman he derived this comfort, at all events, via , to find that he had stated that he wished to pre serve the credit of the country. Now, it was precisely with a view to the maintenance of public credit as well as the character of that House, that he (the Chancellor of the Exchequer) called upon them to sustain the proposition of her Majesty's Government, and to reject that of the Hon. Member for Montrose. Thu words iii the resolution certainly specified a limited period, with reference to the duration of the tax pro posed; but he had stated on a former occasion, and he now repeated, that, at the proper time, the Government would propose that that limited term should be a period of three years; so that he trusted that the House would, in reference to the present proposal, clearly under stand that the question before them for decision was, whether the present income-tax should now be voted for a period of three years, or for a period of one year. — (Hear, hear.) He had already stated that when they (the Government) had to consider the financial proposals for the year, they did consider themselves bound to make, if possible, the proposed income for the year equal to the proposed expenditure. They had proposed to do that by a continuation of the existing income-tax for a limited period, accompanied by a proposal to add an ad ditional two per cent. to it for a period of two years, thinking that, by the addition of that amount for two years, they should be enabled, at the end of that term, to part without difficulty with that increase in the tax. On that point the House had, however, almost unani mously said that they could not agree to the proposal made to them, and even the Hon. Member for Montrose admitted that it was on good grounds that they had abandoned that part of their financial policy. Ot course it was for the Government to consider whether it was advisable to propose some other tax to supply the place of the portion they had abandoned; but he Lthe Chancellor of the Exchequer) had said that the increase in the expenditure was temporary, and therefore ought to be met by a temporary tax, and he did not think that it would be advisable to add a per centage on the indirect taxation of the country—on the assessed taxes, or on the window duties; and he still re mained of opinion that the best course, and the one that would have been likely to have, less than any other, interfered with their trade and commerce, would have been to have submitted to an additional two per cent. income-tax for a limited time. The first subject, how ever, to which, after the refusal of that proposition, they had turned their attention was the consideration of the state of the balances in the Exchequer. Now, he had stated, on a former occasion, what were the balances in the Exchequer for a term of 3 ears past, and that in April next the amount of those balances would be about 7,000,0001.; supposing, therefore, that they should be reduced by 1 500,000/., they would still amount to 5,500,0001. But the Right Hon. Gentleman opposite seemed to think that it was an extraordinary thing not to provide income within the year for the expenditure for the same year; in the budget of 1842, however, there was announced a probable deficiency of I.3oo,oool.—though the actual deficiency turned out to be not more than 2,000,0001.—and by the means of the income-tax proposed by the Right Honourable Baronet (Sir R. Peel) the income, in the course, not of that year, but of two years, exceeded the expenditure. But it was impossible to do this within a given period of one year. He did believe, however, that—looking at the probable increase in their income, and looking at that reduction of expenditure which it was possible might be effected in the course of two or three years—it was very possible that the average income of the next three years would equal the average expenditure.—(Hear, hear.) But this he would say, that it that House, hav ing refused the proposition offered with a view to make the income equal the expenditure within the year, should refuse also that which was proposed with the ob ject of doing it within the time for which the present tax was asked of the House, then that House itself would have taken the first step towards repudiation, and towards the injury of the credit of the country.— (Hear, hear.) Suffering as the country had done under the infliction of a great calamity, and smarting, as it had been, under severe commercial distress, he was not surprised that it should have refused to sub mit to an additional impost, even for a time —though, be confessed, he still thought the country was wrong in such refusal—yet, he must say, that they (the House o Commons) were bound to provide the existing revenue for an adequate period, to make up for any deficiency that existed.—(Hear, hear.) It was quite true that the Members at the present moment holding seats in that House might not be the same who had voted the income tax on two occasions already; but surely they all owed something to the character of this House, and he did think that, independently of other considerations of equal importance, that they could not look at the pre sent state of affairs around them, or consider the course which a large majority of the House had on former occasions adopted, without coming to the conclusion that it would not be consistent on the part of that House to refuse to agree to the present proposal.—(Hear, hear.) The Right Hon. Gentleman (who spoke throughout amidst mrteh noise on the part of the . House) then referred to the speech of the Right Hon. Gen tleman the Member for Temworth, on introducing stead.—(Laughter.) The Gallant Captain :then read an extract from a speech of Mr. Cobden, who commented with much severity on the idleness and demoralisation on board our men-of-war, and as an instance of the former stated, " that they were on certain occasions mentioned afraid to go to sea because it was rough." That (con tinued Captain Townshend) was the greatest injustice —fte most unwarrantable libel upon the naval ser vice of this country that any man could have been guilty of.—(Hear. hear.) He was sorry the Honour able Gentleman (Mr. Cobden), who represented the opinions of, and had such influence over so many of his fellow-countrymen, had so'far committee - 1 himself; but he hoped that Honourable Gentleman had already discovered his error, and that he would have the common decency to correct it.—(Laughter.) The fact was be had represented not what be had himself seen, but what had been told him by an American Consul. If the Honourable Gentleman had been on board any of our men-of-war, he would have soon discovered the order and perfect discipline observed. Our gunnery was new so much improved, that if the Honourable Gentlemen opposite (Mr. Mentz, who was seated on the Opposition. beaches with a large stick in his hand, put up his stick • as a mark, he (Captain Townshend) would bet his life it would be shot down before the Honourable Gentle man had time to shave himself.—(Laughter.) The, Gailaot Member reiterated his disapproval of the mes- sure, but said he felt it his duty to support the Govern ment, as the several constituencies throughout the country had not cried out against the measure. Mr. G. J. TURNER entertained no objection what. , ever to the general proposition of an income-tax, and if it was imposed justly and equitably, it would have his most cordial and hearty support. It was natural to expect that the constituencies would judge of their Members by the votes they gave. He, therefore, ported the general proposition for an income-tax. Be doubt the estimates were large, but he thought not larger than the exigencies of the country required. Should any mischance befal, the responsibility rested on the Government ; and they must be supposed to pOSieSS the best information as to what was likely to occur. He was no advocate for reposing a blind con fidence in any Minister ; but every Member should - consider what circumstances might exist, unknown to himself, but present to the consideration of Mi nisters, which might require higher estimates than he thought necessary. If he was convinced there were none such, the straightforward course would be to propose a vote of want of confidence in Ministers. The arguments in support of the amendment appeared to him most defective. One Hon. Gentleman recom mended that we should disarm; but where was the in. riividual, even the greatest tax-payer in the country, who would like to see this nation compelled to sue for mercy at the foot of a foreign power ? He did not think the army estimates at all too large, looking at the increased facilities of steam transit which now existed ; still he was determined not to support Ministers on this occasion, on the ground of the injustice of the income tax as at present existing. All income was of three kinds—from realised property, from trades, and from professions. The first was unconnected with any labour whatever ; the second arose frora capital and labour combined ; the last was wholly derived from labour. Could that be a just principle of taxation which threw the same burden on labour, and au labour and capital combined, as cn that income which. had no connexion with labour ?—(Hear, hear.) ITe would not ex• etnpt the two latter classes fi•om all burdens whatever ; but it was most unjust to subject them to the same tax as the income derived from realised pro' party. A man who had 10,0001. a 3 ear from the latter source paid the tax without touching his actual pro' pert} ; while, in the other cases, it was so much de ducted from the yearly earnings of the tradesman or pro fessional man, who was thus compelled to labour ten days in every year solely to pay the tax, without dee riving any benefit to himself. The Right Hon. Gentle• man below him (Mr. Goulburn) had said there was compensation for this inequality in the other charges to which realised property was subject. But it could never be contended that one injustice should sanction another —that two wrongs made a right. Then, it had been said, that a breach of faith towards the public creditor would be committed by taxing the fundholders in * higher rate than other individuals. Still there re• mained the injustice of taxing labour in the same ratio as capital and realised property. The effect of an in come-tax on the fundholder, or a holder of long annui ties, for instance, was in fact a tax upon his capital which he was yearly receiving back, and the case was the same with the holder of leasehold or copyhold property.- - (Hear, hear.) In all these cases the net air nual value of the income ought to be ascer tained, according to the tables of the insurance offices t and why might not the same be done with the income* from professions and trade ? The Chancellor of the Exchequer might allege that this would material'y reduce the revenue. Be it so: but why should not the possessors of an assured income be taxed at a higher rate—why should not there be a graduation of the in• come-tax? Mr. Pitt had introduced the principle of gradation; and the only objection that had been raised to it was that of an eminent writer—that, if carried to an extreme, it might exhaust the income which it was meant to tax. This was by no means a necessary cen sequence; the gradation might be so arranged as not to incur any such danger. He considered that Ministers had exercised a wise discretion in continuing the ex etnption to Ireland. The burden which that country was sustaining from the new poor-law was such as to require it; it had created a crisis in the sister island. A similar crisis had overtaken the trade of this country, and it was, therefore, entitled to the same con sideration. He should give his vote on this occasion, after the most mature deliberation, in favour of the , amendment, believing that if the tax were only granted for one year Ministers would be afforded an opportu nity of rendering it less obnoxious and unjust.—(Hear.) Sir W. CLAY said the speech of the Hun. Gentleman who had just sat down would have been much more ap propriate on Friday last. The tax might be unequal ; he admitted it was so; but the question now was whether it should be imposed for one year or three. Let the House well consider what would be the effect of the amendment. They had been informed that the expen diture of the financial year, commencing next month, would be about 54,596,5001. ; and the income about 51,250,00 e/. ' • making certain deductions, the net defi ciency would probably amount to two millions. Should. then, the income-tax, which produced between five and six millions, be disnontinued at the end of one year, a deficiency would arise in 1849 of between seven and eight millions. Without enterieg into the question of the estimates which had been referred to Committees, he might observe that it was desirable that the discussion on the estimates should always precede the discussion of the ways and means. The departure from this rule in the present instance had led to much inconvenience. Several lion. Members had, on Friday evening, intro• duced subjects entirely foreign to the question before the House. He would ask, was there any probability that the estimates could be so far reduced as to enable them to dispense with the income-tax at the end of the year ? Mr. HUME—Why not go back to the expenditure of 1832 ?—(Hear.) Sir W. CLAY observed there were many items of expenditure which could not possibly be reduced to that scale; nor did he think a deficiency of upwards of seven millions could be avoided, in the event of the income-tax terminating at the end of the year. Such being the case, the House would not be justified in keeping up the agi tstion and excitement which would arise from the tax being only voted for one year. But how did the Hon. Member for Montrose reckon on making up the defi ciency? The House would never consent to reimpose the taxes on provisions , in lien of which the income tax had been adopted. Was it proposed to call in aid some great fiscal reform, which might carry the prin• ciple of direct taxation still further ? He much doubted whether any Government would be bold enough to extend that principle further at present. The events of the last fortnight had shown that that sys tom a taxation was not one that ought to be much relied on in times of peace ; and he doubted whether it could prudently be 'serried further at present. Direct taxation necessarily involved the inquisitorial visits of the tax collector, which were viewed with such justifi able repugnance that he thought it would be impossible to extend the system. In the case of indirect taxation a man might economise by abstaining from taxed arti cles; but there was no means of evading the income tax. While indirect taxation' limited enjoyment, direct taxation prevented economy and saving; a worse evil could not be inflicted on the nation. The surplus in come of individuals was in reality the wealth of the nit.* tion ; it had given rise to all our great public works; and to diminish the amount of this fund was to strike at the root of national welfare and progress. As the deficiency from the repeal of the income-tax could not be made good, either by decreasing the expenditure, by re-im- posing indirect taxes, or by extending direct taxation, he thought it would be most unwise and unfair to create expectations which could not be realised, and to shake the faith of the public in the continuance of the present system. This would be neither honest or manly. He, therefore, felt compelled to vote for this tax, and he could not vote for it for a single year only. If it were voted for three years, it would give time for the re sources of the country to recruit themselves. In the meantime, many sources of expenditure would terminate by the completion of the dockyards and other public works. Though sensible of the high honour which was due to the Hon. Member for Montrose, for his efforts in the cause of economy, he could not support him in his present proposal. Mr. G. ROBINSON was convinced that there was every disposition out of doors to support the national credit, and to give Ministers the means of supplying the exigencies of the State. All that he desired was that the taxation should be equal—in the words of Adam Smith, " that those who lived under theprotection of the State should pay for that protection in proportion to the means which they enjoyed."—(Hear, hear.) The in come-tax, it was admitted, was likely to be a permanent burden; and, therefore, there did not now exist the same excuse for its inequality as might have been urged when it was first imposed by the Right Hon. Baronet the Member for Tamworth. He was in favour of limiting the income-tax to a year, because he was desirous of forcing the Government to bring forward some plan for the revision of their anomalous system of taxation. He believed that a large portion of their revenue had been • unnecessarily thrown away by the measures of the Right Hon. Baronet (Sir R. Peel). He would implore of the Government to look manfully at the financial position of the country. He hoped that they would reduce the establishments of the nation to the lowest point without injury to the public interests. He begged of them to equalise the burdens of the country as much as possible. Mr. LABOUCHERE said that he would not go into the question respecting the renewal of the income-tax, because even those who on principle most objected to , such a tax admitted that in the present circumstances of the et,untry w4c th.:t .hoittcl he ri.n..ivua. . . lle had uppybett the income tax on a former occasion, and the experience 6f late years had not made hiaa