The Press.
London, England, 1857-01-03 00:00:00

lII.—EXPENDITURE AND RECEIPTS. (From all Sources.)

Surplus Balance beyond the Charge of the Consoli-
dated Fund for the Quarter ended Sept.3o, !Kin, viz.,

Great Britain
Ireland

.C 279,878

Income received in the Quarter elided Dec. 31, 1856,
as shown in Account I 16,695,01
Amount advanced by the Bank in the Quarter ended
Dec. 31, 1856, on the security of Exchequer Bills,
being the first issue on account of the grant of
ti,OOO,OOC, per Act 19th and 20th Victoria, chap
44, the remaining $5,000 000 of which it is expected
will not be required 1,000,000
Amount received in the Quarter ended Dec. 31, 1856,
iu repayment of advances for Public Works, ,to.

618,330,748

. .
Balance, being the deficiency on the 31st Dec ,
1556, upon the charge of the Consolidated Fund in
Great Britain, to meet the Dividends And other
charges payable in the Quarter to March 31,
•
157, and for which Exchequer Bills (deficiency)
will be issued iu that Quarter 1,031,852

*19419,in°

hurt ant lastion.

Her Majesty and the Royal Family continue at
Windsor Castle.

Her Majesty held a Privy Council on Tuesday,
and gave audiences to the Turkish Ambassador and
the Earls tiranyille and Clarendon.

The Prince of Leiningen and Prince Edward of
Leiningen have visited her Majesty during the week.
His Royal Highness Prince Albert, accompanied
by the Prince of Wales, the Princess Royal, and the
Princess Alice, came to town on Friday, and
honoured the Photographic Exhibition in Phil-
mall with a visit previous to the public opening
this day.

The Duke of Devonshire is still at Kemp Town.
The Countess of Stamford and Warrington is pro-
gressing as favourably as can be expected after her
recent severe indisposition.

Mr. Lawrence and Lady Jane reel are about to
break up their establishment in Kemp Town and pro-
ceed to the Continent for a lengthened period.
Mr. John Britton, F.S.A., the eminent antiquary,
died on Thursday at his residence in Burton-
crescent, at the age of eighty-six.

Volittral.

INCOME-TAX MEETINGS.

Ax important public meeting was held at Gloucester
on Monday evening, with a view to obtain the total
and immediate repeal of the income tax, it being
the second meeting held within a short time for that
purpose. Admiral Berkeley and Mr. Price, M.P.,
were present, and the Mayor presided. Mr. Bowly
nroposed the first resolution, deprecating the
I come tax as unjust in its operation, vexatious in
its assessment, demoralising in its tendency, and by
its inquisitorial character derogatory to the feel-
ings of Englishmen. Mr. T. M. Sturge seconded
the resolution, observing that they were unworthy the
uame of Englishmen if they submitted to so iniquitous

Amount applied out of the Income for the Quarter
ended Dec. 81, 1858, to Redemption of Exchequer
Bills (deficiency) for the quarter ended Sept. 30,
1856
Amount applied out of the Income to supply Ser-
vices in the Quarter ended Dec. :31, 1856 9,866,218
Charge of the Consolidated Fund for the Quarter
ended Dec. 31, 1856, viz.:—
Interest of the Permanent Debt .. £6,814,531
Terminable Debt
Interest of Exchequer Bills (De-
ficiency)
The Civil List
Other Charges on Consolid Fund 484,910
Advances for Public Works, am .. 921,447
Sardinian Loan
8,313,406
Surplus Balance beyond the Charge of the Consoli-
dated Fund for the Quarter ended Dec. 31, 1866,
viz.:—
Great Britain
Ireland
739,128

/19,419,100

a tax any longer. Admiral Sir M. F. F. Berkeley,
M.P., said he had been fully led to understand that
there was to be not only a direct censure upon the
Government, but also a resolution to tie the hands of
himself and his hon. colleague. He would say in
all kindness and good will to them that he was glad
that the resolution had not been so framed, because
although an old man, yet he had the spirit of an
Englishman about him, and never would be a bonds-
man as a representative :

The question had been raised as to whether the Govern-
ment intended to take advantage of some twenty-eight
days having elapsed over the financial year, and impose
the increased war tax for another year. Some had gone
so far as to say that it was the intention of the Govern-
ment so to do. Some said that it was a quibble; some
that it was worthy only of a pettifogging attorney who
would be struck off the rolls for such conduct ; and they
at once assumed that because a man is a member of a
Government, he would be guilty of a dirty action. He
would venture to contradict all those who had said that it
was the intention of the Government to take this advan-
tage of the people. He did not say this upon authority,
but as a subordinate of the Government. He did not
believe that it wouli be capable of taking such an advan-
tage. And why ? Let them look at the character of the
noble lord the member for Tiverton, now at the head of
the Government. His was no sneaking policy; his was
no attempt to obtain anything by a quibble that he could
obtain by asking for honourably end honestly of the re•
presentstives of the nation. Therefore he would say wait
till the time comes. He would not believe it till he saw
it, and he, for one, would not be a party to it.

Mr. Kimberley proposed the next resolution, to the
effect that, while the meeting desired the repeal of
schedule D, they were not opposed to bearing their
fair share of taxation, and considered that some
more equitable and less objectionable means might
be found to meet any deficiency in the revenue. Mr.
Buckland seconded the resolution. Mr. W. P. Price,
M.P., contended that it was impossible for schedule
I) to be repealed, unless some substitute which would
produce an equivalent revenue were adopted. The
income tax was a solemn compact entered into be-
t% cen the people and the Chancellor of the Exche-
quer. In consequence of its imposition an enormous
amount of customs and excise duties bad been