The Daily Times.
Liverpool, Merseyside, England, 1860-10-01 00:00:00

the views to which utterance is given- th'rough the
medium of the semi-official French journals, but we
really see very little indeed to find fault with, in the
following observations on the present state of matters
as between Garibaldi and Victor Emmanuel, which are
contained in the Patrie of Friday evening :
" Italy is at this hour passing through a crisis similar
to those which followed, so far as we were concerned,

the Revolution of 1830, and the Revolution of the 24th
February, 1848. The demagogical passions, the terror
of Europe, are gaining ground every day, and the
greatest misfortunes are nigh at hand. There is no
need of a prophet to predict, that if a powerful hand
should not forthwith organise resistance, the noble
cause of Italian independence will be compromised once
more; and perhaps for a long time. It will not be com-
promised we most sincerely hope. If Garibaldi does
so, Victor Emmanuel will come to the rescue. In the
course of the memorable events which have taken place
of latter years, the King of Piedmont has always shown
himself equal to•the occasion, (a la hauteur de son rede) ;
he will not fail in his mission, now that the danger is
greater than ever. Illusion is no 'longer possible, the
names of the advisers who are around Garibaldi at this
moment leave no room for mistake. Some weeks ago
the brilliant soldier of Italian liberty, marched, spoke,
and wrote only in the name of Victor Emmanuel. That
was his talisman. If he lose it, he loses at the same
time his prestige and his strength. If he separates
himself from the King, what will remain to him
Mazzini. The hour is decisive, and there is no room
fbr hesitation, It is said that in times of revolution
the difficulty was not to do one's duty, but to know how
to it. In this case, the path of duty is traced in letters
of fire. If Garibaldi declares himself in favour of
clubs and secret societies, if he persist in his senseless
hatred against France, let Victor Emmanuel rally round
him all Italian hearts, let him save the new-born in-
dependence; this will be the fairest page in his reign,
and of a great many reigns."
A very awkward fact is reported in the ',dependance
Beige of yesterday. This journal publishes a telegram
from Bologna, mentioning that the portfolio of General
Lamoiiciere has fallen into the. hands of General Fanti,
with whom Garibaldi is on by no means friendly terms ;
and that it has been found to contain letters of "the
most compromising character" and the most positive
proofs of numerous intrigues entered into with the
Legitimist, and even the Red Republican party, against
the government of the Emperor Napoleon. If this
telegram be not playing us false,, the question at once
arises, how far the discovery of these intrigues may lead
the Emperor, against whose authority and power they
are directed, to declare a• "'change of circumstances" to
have taken place, and that he considers himself absolved

from his pledge not to interfere in the general question.
This, again, suggests another enquiry, not less impor-
tant, namely, in•whose favour, and with what objects,
will he interfere ?

The latest news from France mentions that Garibaldi's
army has been driven back from the Volturno, and
Piedimonte, the key of that position, carried by the
Royalists. This result cannot be said to be altogether

unexpected, in presence of the particulars of the recent
repulse of the Garibaldians in front of Capua; at the
same time, the fact would require verification, before
being implicitly relied on. If king Victor Emmanuel
should think proper to comply with
.the request of the
deputation from Naples, to come to that city and put
matters to rights, which it is , more than likely he will,
the position of Garibaldi, unless he 'gives way on some
important points, will be a very delicate one. '
He
would find himself placed between' two fires, and the
Italian movement would for a time—but, only for a
time—be in great jeopardy.
A telegram, received at a late hour this morning,
mentions that the whole of the population of Sabina
and Lacio, on the left bank of the Tiber, are in full
insurrection, and that the Italian flag now waves over
thit river.
The Austrian government, full as its hands are at
present with the important proceedings that are 'taking
place in the Council of the Empire, relaxes not in the
least degree its vigilant watchfulness of Venetia. It is
explained that the cause of the order which has been
(riven for the extinguishing of the lights on the Venetian
coast of the Adriatic was, that some of Garibaldi's agents
had been discovered taking secret soundings at night.
Garibaldi will find that he has a different enemy to deal
with than he had when he crossed the Straits of Messina
to land his volunteers on the shores of Calabria.
It will be seen that our talegraphic columns contain
summaries of the intelligence by fresh arrivals from
India and China, to which we refer.

We have pleasure in directing attention to the notice
in another column of the Early Closing Association,
which is about to enter upon an energetic campaign in
behalf of the Saturday Half-holiday Movement, which
has been so successful in London, Manchester, and
other large towns. Our readers know that we have
often warmly advocated this cause, and we have only
space at present to say that we trust the association will
'be liberally supported by the contributions of our
philanthropic fellow-townsmen.
The parterly accounts of the Revenue lave been
made 'up to the 29th, instead of the 30th, tieing Sunday.
From this statement it appears that the revenues of the
country are not only sustained but increasing. There
was great fears expressed last season about the loss of
Customs Duties to the amount of from two to three
millions—whereas it appears that the Customs defi-
ciency upon the'year does not come up to half that dis-
paraging estimate, although the amount reduced upon
wine and silk, and upon the total abolition of several
imposts, were calculated at from three to four millions
a-year. This reduction in the Customs is the only one
of consequence, and was not only fully expected, but
actually overrated. The only other item in which a
falling off appears is the Miscellaneous, which is accounted
for by a smaller sale of " old stores " than usual.
The increase is, however, very great upon the year.
The Excise more than makes up the loss on the
Customs. There is no item upon which it is so
satisfactory to chronicle an increase, and this year
it has been a large one. But the largest increase
has been in the Income-tax, and we freely
admit that we would rather see the Revenue made
up from any other item. On the year the increase from
this source has been little less than five millions. This
may be a very simple source of revenuer but it is a very
onerous one upon the classes who are destined to bear
this special burthen, and who have to bear every other
burthen besides in their fair proportions. The other
chief items of increase are in the Post-office and the
Stamps, the former from increase of business, and the
latter from the new penny duties imposed during the
last session, which have turned out very remunerative, and
which will probably be still further extended next year..
The comparison on the quarter does not show so well as
on the year. The increased Income-tax has not had
time to show itself, whilst the Wine and Silk Duties have
been so reduced as to make a large inroad upon the
Customs Duties of the quarter. The Excise, too, is not so
good as was expected, owing chiefly to the new arrange-
ments respecting the Malt Duties not having come into
force. Still the entire condition of the Revenue is
sound, and leaves nothing to be desired. With a gross
Revenue of more than twenty millions a quarter—or
more than eighty millions a year—the Chancellor of
the Exchequer ,ean have no difficulty in getting on.
There is an overpowering amount of revenue, in spite of
all reductions, without counting the Income-tax, which
ought to be reserved for very great emergencies. But
so long as we can raise such a vast revenue without
grumbling, after reducing some three or four millions
from the cost of imported goods, there is every ground
for congratulation, and for reliance upon the ordinary
income of the country to meet all demands.