The Express.
London, England, 1859-07-19 00:00:00

DIARRIAGI WITH A DECEASED WIFE'S SISTER•

Lewd linorsnian prasatool a petition Goat the haul*
Inhabitant. of • limb Wocoestrrahire against any altera-
tion to tits law rospoesing marnago with • dossing title's

mime

LORD JOHN RUSSELL'S DESPATCH TO THI
GOVERNMENT OP BERLIN.

The Earl of iaLiikilitliffreee to7site Trades re-
speetang 'be anabeaUeity at a despatch slimed te bow Mon
6:ewe:fled ty Lord J. Mandl on the 22M et Jur last to
the government at Berlin, strongly Mafia. diet oabioet
against aay taterheeme la the war between Passes sad Am-
er"... He Li salted tbryworios barn, sod bad Lwow onowerad
ao fallow& TM sotdo out was proowdlog to nod bon a
privy& desesseat. whoa
The Deka et NIWCASTLE declared be bed sever

otters ills winiawhish the noble earl wee than Impaling

—The Earl of MALMESBURY begged the noble dthils
=; befewelhe eras quoting Sir C. Wood. (A kink) The
a to whale be alluded was a long one, end Moss
Meth es the Pennies government against may pa eta, In
the wealentsitagst length into the rase= why ma paths
prom moth be inethedient. The noble sari thessalled Is
Neil the Ismatte, eaminseUng on It so be wont elm& sod
ormenscot urged that the government made themselves
eserneible for anything thet might bare followed. Happily
IMISMI led ad evil eonsequences ; but still be wished
is knew teylbet Ye despatch was authentic, and also
vbraMir g.,.... ...t maid lay it on the table, together with
the anew ef the ?maim government. He took that op-
=unity al imparting hn hope that Englund would not
pan ary movies that might be amembled to regu-
late the &Sake esstinestal Europe. They bad already
W • epesimea of the fruits of a congress, in the result of
their mamma Is preenre a reform bill for the Turkish Prin-
cipalities, and be biped that the mistake then made would
not to repeats&
Lord WODIIIIOUSS said that the despatch alluded to
wee in ealstesse eattratie, Wag • translation which
had bundles way Isles Germ papa The teat, however,
would be kid ea the tabby when their lordship would judge
ho iimmalma As be asinine Prussia ta pees e a street
=T, the pima gemenment had followed Manly the
ask yrellesesears in advising such a emus, sad
thought, serfs ars dispatelue might be quoted =analyst, to
thaw UM mesh maths case. The noble lord here quoted Lad
Mathethary'sthaptch TO the present government, strongly
urging nastrelity, and informing it that if Prussia violated
wentrelity ales bad as amithara to aspect from England,
bet moat mama to see her meet ravaged all 'bag the chores
of the Bahia The wide earl had sent a similar despatch to
Lord Ithealfebi end dlermode one to Lord Cowley, our
taabtaatace is Parit lastratling him to Inform the French
of the advice be had given to the Berlin Cabinet.
Mirtr sits earl mean to say that neutrality pireoladed the
British government from giving its opinion ? He understood
neutrality to mesa non-participation In the war, but not a
tots' wince on its merits. They might give their apialru,
awl It was quits OptiOOLI with other goveromeota whether
they followed it or not. He had no objection to give the
despatch, which bad &heady been publahed in the papers, but
he did not think it would be apsithat to publish the whole
of the cermet:oedema
Lord BROUGHAM hoped that, as we had had nothing to
do with the Isle sztraindlnary war, or still more extramdivary
poses, they meth take all the benefit of their position,
sad ham sething le do with the matter.
After a few woes from the Earl of MALMESBURY, in
explanstion and I. defence of his quoted despatch.
The Doha of NEWCASTLE defended Lord J. Russell's
despatch, sad osmosis' that the advice it gave involved no
noiststis of our sentralley, bat bore a construction far dif-
ferent from OM whisk wen sought to be given to it by the
noble mil. TM Deals urn' own despatch went mach
father, and' mu a truth semewhat of • roatory character.
Hut GRANVILLE elm defended the despatch of Lord
J. Russell, and pointed out that all It did was strongly to ad-
. Pounds against entering into the war.
The eemereetion You skimp&
Several Wade bib nom slinseed • stage.
STATUTE LAW COMMISSION.

Lord CHAN WORTH, in calling the attention of the
house to the fourth mart at the ConDlidgiOClNS fur Consoli-
dating the Statute Low, enured in detail into the steps
which had been takes, sad the results which had been se-
cured by :ha committees. In inquirisg of the Lord Chan-
gsha whit see the inhatiew et the goverment so to that
commheles, be seggested that the commierlon should be pat
seder the scalrel el two or three gentlerurn of emulous,
welt a empetert Ms( at clerks, who, relinquishing their
preherknel reeds, sheabl devote ther energies to the ao-
oesseliehment of the week to basil. In owe of such mg
rise ben adopted, ha tbeaght the what meter might
to • eatisfeetiory combseice in two years.
TbfbsetißD CHANCELLOR bore testim my to the sod
mid ability which be/ characterised Lord Cranworth and the
0110111*•1311. TM object of the coartolidation would, dad:t-
hem be hellitsted by what had been already done, bat
be did set Wok that the object would be fad-
butted by costlesing the commission. He concurred
in the enggeolion of Lord Crenworth, and (modem'
that such a Mal of proforeimal nen might, besides couch-
dating the statute law of the Mod, be toads extremely useful
In their legal capacity to both houses of parliament is emit-
Mg members in drawing op bilis. He took the meant so-
OOSSOD to IMMO that the government contemplated at the
beginning of neat session to introduce measures oa beak-
ninety, ma the wangler of real property, on taking evidence
la the Coon of Chum', to consolidate ar.d inapt* the
orders of the Lord Chantw, end to establish Bled assets,
eo that roam of common law might be able to decide my
equitatAe question which might Incildtatally arise. IFithOtt
bandying suitors from marts of contents law to comb cd
WPM,.
Lord BROUGHAM amid the difiladdes of the efeellien
were too gnat to be Avoided by • mixed meembly, and thought
It would be better that tbe question should be solely ems-
mitred to a body Miaow' me m, whn might not oaly eery-
Mee, bet pepper s Moat et it. He defeadrd Mr. Bata-
doe Lew hem sepernione which had been met upon him by
t the labour which ft me
11=.1"LitruMNARTrenewillbeagh•
Wetemnpili wae mamma The but mune to
e mbar le • sumemisl coucladon would in hie
be brat is tea aka wassiMis.

24,117,0001. He estimated the excise at 18,600,0001.;
it produced slaty 17,900,0001. He took the stamp' at
7,850,0001.; they produed 8,006,0001. The load and
screed Lase he took at 3,200,0001. ; they prodismi
3,162.0001. The iooome-tax, which he estimated se
8,100,0004, exoseded that estimate by morethea hats milbse,
and pranced 8,6133,0001. The Post-office corresponds'
almost precisely with the animate of the right honourable
gentleman, which was 3,200,0001. The crown lands, which
he took at 270,0001., produced 280,0001.; and the miscella-
neous revenuer, estimated at 1,300,0001., produced
2.125,000. (Hear, hear.) The miscellaneous eseecum, it
will be in the recollection of the committee, its very &M-
-ath to eetimete with Fascislon, especially at a period shortly
after the close of a great war, and whoa extensive changes
ore in progress in the manufacturing estehllehm.ents of the

- - -
country, which lead to the disposal of old stores
and the substitution of new OMR, changes which it
is sometimes very diftlealt to measure beforehand.
The general result, on the total revenue of the year, Is, I
think satiefactory. The right hos. gentleman estimated it at
63,929,0001., It produced 65,477,0001. (Herr, beer.) With
regard to the eerie: Mum, I don't know that I need trouble
the committee by referring to the original estimates of the
right hon. gentleman, became they were subject to certain
=Alb:Miens la the course of the union, eupplementery
estimates or new changes being brought forward; but I will
state to the committee the expenditure as it soma 5...t00k
glans, The charge of the debt was 28,527,0001. ; of the
ted Fund &mime, 1,940,0004; of the army,
12,512,0001. ; of the 'levy, 9,216,0001. ; of the ciel undoes.,
7,169,000!. The collection of the revenue, or the expendi-
ture on account of the revenue department, was 4,516,0001.
' Then there were two votes retrospective In their character—
one for operations in Chins, 391,0001., the other some re-
maining expenere of the 'Uteri= war, 390,0001. The total re.
stilt wee tn give tie expenditure of 64,663,0001.again5t &revenue
of 65,477.0004; so that there was, In round numbere, • surplus
el about 800,000!. upon the balance between the Income and
the expenditure for the year. (Hear, hear.) The committee
would probably wish to know what bed been the fete, so far
as It am be ascertained, of the special perpoeals that were
malls by the right hon. gentleman during last year for the
pimple of Metering the revenue of the country; at the
ass Ire it is dela that they should bear in mind that the
against bee bees too short to enable us to pronounce con-
nsume the degree of curare that has &seceded those
;leaf es far as we are aware, the facts are as fel-
ee stamp duty of Id. upon drafts or cheque. was
dedesied by the right hon. gentleman to produce 300,0001. ;
sad lie augmentation of duty upon Isiah spirits, which was
by the right hon. gentlemen is such • manner ae
r ;atm • complete equalisation of the spirit duties
in the three kingdoms, wee estimated to yield
300,0001. Neither of these duties has, however,
as yet, produced the sum which wee expected from it. We
have no means of knowing precisely what has been the pro-
dam of the stamp duty upon dealt, and cheques, became it is
kept in • siege'e account with the stamp duty upon receipts;
and the Gel, measure that can be applied to that portion of
this revenue which is due to the stamp-duty upon cheque' is
obtained by comparing with it the whole inc can that has
takes place In the aggregate produce of the two duties. The
duty upon rece_ ipts be. been a constantly increasing duty up
to the year 1858 ; sad therefore, if, in 1869, we credit the
duty upon drefte end cheques with the whole of the in-
crease that has taken place since 1858, that is, upon the
whole, perhaps, the fairest mode of reckoning that con be
adopted. The whole duty aeon receipt stamps and draft
stamps in the year ending the 31st Much was 418,000/. The
duty from receipt stamps alone, with the addition
of draft stamp., which were formerly required in all
mar where the instrument was drawn at • dis-
tame beyond 16 mike, that duty. before the commence.
meat of the financial year 1858-69, yielded 281,0001., so that
the apparent yield of the duty upon cheques was no more
than 137,000!. But theft It is to be borne in mind, in the
first place, that that duty was in operation for very
little more than a period of ten months instead of
twelve months; and, in the second place, that many persons
were already provided with stamped cheques, for the pur-
pose of transmimlon over the country, and that this would
fairly retard the influx of revenue from the new duty till new
etocke were required to be provided. It is very herd to ray
what that duty should be calculated to produce ; but I think
it would be PPOOttIiM,S, with the information which we pos-
ses', to repeat an estimate Po high as 300,0001. I should
think that 200,0001., or something lower, WA in all
likelihood what it will be found to add to the
revues. A question has been rafted whether it would
not be found convenient to abolish the partial
exemption that bee been found to exist under the law. Ido
mot know whether it was part of the original intention of the
sal hem, gentleman, but under the law as it stands it has
lima that the person in favour of whom a cheque is
desire is himself entitled to receive across the counter the
produce of the cheque, without payment of the stamp duty.
The opinion, I think, aleme to be, that that exemption is not
I founded either in reason or convenience. (liar, hear) And
I believe it is also the opinion that the banker. in London,
with regard to the facilities of there'd*, would be decidedly
in favour of its removal. It it not sa important financial
operation, but probably ea • fiscal improvement I may think it
my duty to make • proposal to the bore for removing that
exemption. With reseed to the gretica of trials spirits,
it is me of great interest; at the same time, as
far as the amount fa concerned, it is a measure
that has been attended with a lees degree of
emcees' ; bat then it ought always to be reselletted in the
first place, that all duties of that description require some
considerable Interval before their operation ma be aeourately
appreciated, and in the second place, that vas smesere of
equalisation proposed by the right honourable gentleman
wee in itself a fiscal reform, and a very ccosiiimsb'e improve-
ment, u establishieg one duty only for Indeed, fireeland,
and England, independently of its pecuniary result. (Hear,
hear.) However, the pecuniary result stands thus ; 11p m
Irish spirits, in the year 1888-69, as compered with
1867-68, we have only an increase in actual money
of 86,000/., which but • very small portion
of what might have bete expected to proceed from that
mime. Bat this duty did net take effect from the tint day
of the year, the let of April, 18;4, but from the 17th of
April. Between the lit of April and the 18th,
when the dry boom, thee were delivered from
bond In Ireland, though the Want wee only about a
fortnight, no less then 1,129,008 gallops of spirite, or a
quantity equal to two roatir roseraytios. (Laughter.)
And if we charge the &dating duty upon that quantity of
spirit. which is Wyly due to the amennt of the year, inas-
much as it formed part et It. that will add 103,6001. to the
&5,000 L and give • total of 111111,0001. se the produce of
that addition,' duty Ire the rat. (Hoar, beer.) As far as
we can judge from what bee taiga ghee slam the 17th of
April, there Is a gee pent that dr duty may be deaskterably
productive. At els Warne time, It is hardly passible to judge
of as augmaiiatice of this glad spa ordain if esersaip-
floe, where many interests mix with and truants to &certain
extent the procesdiuge of parliament, and where the result
Is degestbst urea coesideraticea ol season and the apply el

taw MOW; eb Fee it will air pensibls to
form 4y judgment epee the bid results of that
measure until another year or two shall have
elapsed. That is the state of the ease will regent to the re-
venter and expenditure of the year thee chest at the 314 of
March, and with regard to the meathres proposed in the era-
sion of 18.53 for the perpotte of providing a surplus revenue
over the expenditure. 1 come now to the more grave and
melees mitt of the task which is imposed upon me, and I
hen to lay before the committee in the first Instance s tom-
perative statement of the menus and expenditure fir the
year tbet has now begun. The committee are already gene-
rally awn, from the estimates that have been laid before
them,—in the first place' that the expenditure will be unu-
sually urge,—and in the secoml place, that it will very °Do-
idderably etceed the ways and meana which the ordinary
revenue of the country could provide. To commune with
the enigmas of revenue —The costume are taken to yield.
for the yeesr whisk conanienoed en the Ist of April last, and
which Mess en the 31st of March nut, 23,850,0001.; the
miss, 18,530,0001.; the amps, 8,100,0001.; land sad
seseared toms, 3,200,0001. ; Mamma. twat 5d., 6,600,011111. •
the Par-offiee, 3,250,000/.; crown Linde, 280,0001. • mid Obi
miewilawous receipts will amount probably to 1,530,46161.
In that ales, I mays well sta. there Is included a enw, ,
with remst to which as definite arrangement has been wade.
of 1800001.,which it is more. lam probable that the Comeill
of India soy pay out of Isdianmense, in order to obtain
a site en which they may erect buildings for the transactios
of their berms, is lien of the headings In Leadenhalbstrest.
That is ae item of uncertainty so far, but it is not an stew
of unarthinty in the general balance of revenue and tepee-
diture, theme the mosey will be reimbursed, if the plan is
entomb:Led, from the Indian memo But the total of these
item is 64,340,0001. It my, perhaps, be of some interest
to the committee to compute this animate with that of the
~21. 18t W
hiwAintlemen (lir. Di wit) which mereken
Wen.; lettlrrth .etryttem
which the right hon. gentleman himself proposed. His
estimate was, as I have said, 63,920,0001. The admits I
now mast will give as about 420,0001. more the
the esinnate of the tight hen. gentleman. Bet I
cannot say that there te any evidence of striking
or extraordinary progress, because that 420,0001., which cat-
'thetas the difference in the estimates, is about the sum
which appears to be provided by the two mall taxes which
he imposed. I sow come to the estimate el expenditure for
the careent year—the estimated revenue helmet I bgve said,
64,340.0001. The charge of Ch
ef enad =fended debt
for the year will be 28,600,000. dadslt sum there is in-
cluded a particular Item of 406,0001, which consettatee the
last Meson on a metre ponies of the Lam Amer.', sad
which sill have to be met on the sth of Jimmy next. It le
a payment entirely exceptional in its character. The com-
mittee I. aware, that as a general rule all dividends,
whether upon stocks or manatees, are paid half-yearly.
But in this particelar melt happens that • considerable por-
tion of the sensitise, for which the public are liable, and
which have their half-yearly dividends
in Apra and October, expire not at amend of the hair et:
the ad of the odd quarter, so that that quarto's payment
beams due is respect oethat portion of the aunties on
the ith of Joinery, whereas if the annaitlee had continued
to mu the pelmet upon them would not have been made
till the 6th of Aprill next. The ,fact of this will be to throw
upon the ways and means of 1859-60 a sum of, in round
numbers, 400,0001., which in the regular mum of
Wage weld have pained to the debit of 1840-1..
The first Muth therefore of the caseation of these annulate is
to • lestossed burden on the financial year. But
the of the funded and unfunded debt will be
The charge of the coneolidated fund will be
. ; of is army including the militia, 13 300,0001. ;
ol the navy, including the packet service,. 12.780,0001. ' • of
the VS service and miecelleneoes, 7,825,0001. ; of the
MIMS aportetsoter, 4,740,0001. The committee will °b-
one that thwe is • very considerable Immo ht the ogre-
NO Merge of the mimellawous estimates, comparing those
el the mend with those of the peat year—the estimate of
the preset year being, as I have stated, 7,825,0001. ; whilst
timed the let year were only 7,169,00.0. (Hear, hem.)
Without attempting to inquire into the detail* I may des
the principal heads of inane. About two mew ago to
passed the house which imposed •-heary burden with re-
=re County Cour
Fu, the t d wit
ery irtirilrerzentaassulacres:.
07erfell01. In the vote for public education and art
ewe ea loosens, of 200,0001. The vole for British
repeeente 42,0001. The vote far Chine, Jame,
NM
111.1-4 new woreintance, which appears here for the
fret Ilene—(limghter)--represents 25,0001. The vote for
the Feeetp-office, includivg sits and beildrg, 200.0001.,
and italss lookides the 130,0001. which I have just spokes of
Ml* l dent Rom the Sot Indian revenue. -Lastly, than
I. the con of a submarine cable to 011tralter, 116,0001. This
le, perhaps, the place in which I should rake to this subject.
The late government entertained the plan of endeavouring to
manufacture and ley down this submarine cable from Eng-
land to Gibraltar in the course of the present maw, the es-
timated coat of which was 250,000/. ; the con-
tract had been actually made before the present
government come Into office, for the manufacture of
what, I Whew, le celled the core of the cable.
That cad h represented by the sum of 116,0001., as I have
Past Mated. Upon • °melioration of thewhole matter,which
wify be there gervethrntly discussed In all its details when
the vete l• Wan the hence, the present government, taking
lath view as the main element of their decision the advanced
period of the year, and the extremely narrow margin of time
daring which toe present flue weather waa likely to continue,
thought It would be vain to prosecute the plan of swing
down the able during the present season. The effect,
therefore, le that a smaller sum is asked from the
Lowe than would have been asked If the pleas had been
proceeded with during tho present yew. It is the price of
the eallis under contract, which comact we found In mune
eimiention when we entered into office. The total of the
hem I have Meted as brag an imam In the minelltheous
adore, le 667,0001., and if I bike away some items of de-
mure by width that Is partially balanced, there will still
mask a total amount of foci,... In the mis-
estimate. mitmates of between 580,0001. and 590.0001.
Let we new proceed to consider the miens item
at ampeelliare I have pot together. Whereas the estimated
news of the year will amount to 64,340,0001., the esti-
mated expeditors of the year will amount to 69,207,0001.
Subtracting the smaller from the larger sum, the result is a
gross deficiency of 4,867,0001. (Sensation.) That is the
sum with regard to which the committee will have to con-
sider the question In what manner provision shall be made
to meet it. (Hear, hear.) Now, sir, before I miter into any
particulate with regard to the mole of meeting that charge,
I should with briefly to draw the attention of the com-
mittee to ono or two general considerations that ap-
pear to me to beer on our proms position, and
give it somewhat of a peculiar character. I rink it is plain
that this Is a time In which it will become the committee, In
making adequate end effectual provision by those means
which they shall think most comtormable to the public in-
terests for the wants of theyear, rigidly to confine their atten-
tion to the runts of the year. (Hear.) The reason why I
my this is that no one an review the estimates I haveleid bar
foes the committee without observing that they protest la no
inconsiderable a degree anexceptional character. (Hear.) The
circumstances out of which they have grown see with. the
knowledge of the committee, and without entering Into the
details of theme circumstances, I may ay, in general terms,
that they are °Snowily anch—l speak especially of the state
of affairs abroad—that it they do not within the next six or
twelve months grow wee, we may entertain • confident
expectation that they will grow better. (Laughter.) The
estimates which have been submitted to you-1 do not with
to conceal the fact—Mar this ambiguous character, that whilst
they greatly fall short of the sums which you
have been called on to vet, in times of war,
they considerably wood say am that parbamest has been
called on to vote Ins timed peace. (Hear.) 111 take the
eetimatee of 1858.9 as a 'Mallard, I find that they present
the following features. They were not considered to be low
animates. Lut we may take them for the purpose of illustra-
non and camper...in with the estimates of the present year.
In 1858-9 the sum voted for the army and Mitt. mousted
to 12,010,0001 ; for the navy and packet mei" 8,890,0001.
In the current year instead of 12,010.0001. for the army and
militia, the aura voted is 13,300,0001., whilst the
elm voted this year for the navy and whet errvioe is
12,780,0001, so that yen have an increase el 1,288,0004 on the
army animates end of 3,892,0001. en the naval Mutates,
making together an segmentation rather higher time lower
oa them estimates, of 6,180,0001. (Hem, hear.) That mew
be considered an exceptional rate of things from which I
wish to draw no other tearoom than this, that the present
time le marked out same in which we ought sotto busyour-
selves with extensive projects or comprehessive pleas, Mt
should endue oareelthe to the duty of reeking iffetheal pro-
vision for the manta of the year that la actually coenalaceel.
(Hear, hear.) There ere other droametanose that
greatly read to meraborath the thaw otheluelim. He xi
year has teen already marked out by preceding and forme
parliaments seaccitical we in the history of our finance—ow
therefore, is which it must be the duty of parliament to Mar
upon a comprehensive review both of our system of taxation
mad likewise of the scale of our expenditure. (Hem'. beer)
I may remind the committee that, during the east year. by
law the 11100M10 tax will lapie„and that at the tame period
certain war duties upon tea and sugar, which bid
teen pasted kthese years from 18.57 will also. The
dimappmethe of them duties will male an ultimate
Mimes l• the esuiple of the Treasury and the expenditure
set 11,0111,1011. Oa the other hand, next year we shall have
the Mithalege (tithe felling in of the long annuities. and It
will be thee* of gweitearth to camider whether they will
endeemmia mob .2.11.614.e.in white • dendleg one per-
maleilscoffif et will to to the country. en
era te meth that bee been dame he the benefit of
the push, er whether erg 08 saw thins 1,000,0001.1 e
be drown lemedeeil Me O. genreel wets of expenditure.
ef glemeel by enthallag ene mate
_by
the by SOAK. and thatheribloo,ooo&
2(tesz, kw.) Theme imietesetions eo the
mind of the eammiNee the Warne whisk her Mir
jesty's gotheesethe le =ppm that the plellele eras asILI
time when they =ea le raga ovotPudge glimmt
should cootie. themeebreer • theeparery geraidea dimes.
provided it wee soma awl good with roped the tine el

at
*iii,litigiastieli orTiour llgoctlyerenesintes can ran-
d Wm( 82ditellirsedv: ask the ere
etee to °what
male el enggli Mill se Tweet, ers ag to enable ore to meet the
bfilai7l6ll.ll as the year ? (Haar, boar.) Of course this
ryes- qrsiam aNir Half tats two branches. The first
quid= hi, riell we aSemo to meet the deficiency by bor-
rowing ter by tecogis f (Hear, hear.) The committee will
Ma so consider whether ft thinks this is en °cession on
which he shealtmeert to the expedlacy of a loan? The
mum required is istermet 4,000,00(.1. and 5,000,0001. It is
certainly a large am to demand from the tax-payers of the
constr., at es sheet • make, hut on the other hand it is a
cum veld& hes weer driven the British government to the
expediency of aspeenting the national debt. (Hew, hear.)
I think we en needy speed In this question, that in • time
of pace nothing less then some due neaesity should induce
us to borrow. (Hear. hear.) Whatever doctrinal may be
theoretically held, and by peptone of high Who-Sty, with re-
gard to the hollity with which we beer the burden of the
National Debt, I do not think any man standing in my place
would with so to apply them ato relax that sound and
mealy feeling which fills the British parliament with aversion
at resorting to • loan in a time of peace. (Hear, bear.)
There have been infancies—rareand exceptional Matinees—
in wild pediment have thought fit to resort to borrowing
in time of pease. Two 1 may quote, hat I quote them
begging the committee to bear in mind the extraordinary dil-
igence In the eironzatesom. (Hear.) I. 1835, I think,
the government of Lord Melbourne borrowed 20,000,00 W. for
the pupae of negro emancipation ' • but that was a service
which marked an epoch in our asked life, end had
so sasexion with meeting the ordinary expendi-
ture. Again, in 1847-8, my right hon. friend the
Secretary of State for India effected a been of 10,000,0001. for
the of meeting the frightful visitation of Providence
in sister Med ; and though it wee not impossible, it
would be badly potable to raise by taxation them= he was
obliged to apply for the purpcm d relleviag the distress oc-
casioned by that calamity. Thew it. ones in eillonnt and
principle entirely differing from the case before us. They are
different in amount, because in the as. ow it was lour
times and in the other twice that which we new have to
a-k at your hands. It is different In 'Maniple
beeseas whilst one related to • great and extraordinary vie-
teaks of Providence, end the other was for • met social
iswhich could not teonr ; you are now tali celled on to
the empsdilture el Op year, hkh, themes Large,
is and needful, and Me alleresce to the present
year and the time in which we meshes lira. lam of
=I ant I kegs the committee will be of opiates, that we
LA, =kr these circurostancee, resort to a loan
(Hear, lbest.) We me bound to coosidor end take into our
view the gusellen the audition of the country from time to
this. I mast engem my Ss ersvictkin that there never was
a period when the people of England were better Dotted/id of
the Mak* end nemesty of the demands that ere made on
the public parse.-that there never wee a time when they
were more Mile to best end more willing to meet those de-
mands. (Hear, hear.) I appeal to the hearts and under-
standings both of those who beer me and those out of doom,
who will consider our dienusehme and debate,' whether we
should tot shrink from our duty and disgrace the memories
of those who have gone before us if we did not
provide for the yenta of the country by the
resources which are within our command. There
is another man that I may slightly glance at which
indisposes me to beams • borrower, and that is, that I do
not wish to be a competitor with my right hon. friend the
Storehui of State for India. (Laughter.) I wish to
leave the geld free end clear for him. My right hon. friend
will have to make en addition to the 'measures which have
been already taken to meet the exigencies el the Indian sm-
irks, and I do not wish to hamper him in his ope-
rations. (Hear, hear.) I have spoken of a loan, but
we might meet the deficiency by a more temp.
vary method of borrowing, and et • charter date,
namely, by an issue of Exchequer-bills. But if there ear
was • time when it would be inapplicable to have recourse to
that mode of meeting the exigency it is the present time.
(Hem, hear.) It would nut throw the hoiden on • comps-
ratively remote date, but on the year 1860 when the ennui-
ties will fell in, and which are already burdened to the utmost
without throwing this additionsl burden on them If, then,
we Sr. net to meet the case by either of then alternative.,
we have to pee on to the foriher question whether,lf
we determine to meet the expenditure by taxation, we iall
have recourse to indirect or direct tasation. (Hear, hear.)
I now ask the committee to consider this subject. I need
not, however, enter into any elaborate or detailed inquiry—
very few comments will suffice to dame of this portion of
the question. There are certain articles which offer • very
obvious resource in indirect taxation' and I will advert in •
few words to those articles in which alone you could hope to
obtain rapidly and effectually the supplies which we re-
quire. They are articles which will present themeless at
once to any person who has to engage in the &agreeable
talk of adjusting a scheme of finance. These *rucks ere
malt, spirits, tea, and sugar. I coshes my opinion end that
of all my colleagues is, that it would not be deatable to prupoes
any higher duty en malt. (" Hear, hear," from Mr. Ball, end
them.) I am glad, ele, that I haat carried cosaciatios, at lest,
to one anxious and wounded spirit. (A h.) 1 will frankly
own, more frankly es I made the prvad myeelf, that whet'
in time of war, foe the purpose of great national emergency,
we inmessed the duty upon this article, the cumrealised did
not answer our expectations. It is not an elatic revenue.
It amounts to • large sum, bat it le not one which we could
here reroutes to, to meet any sodden emergency. On the
whole 1 tbink we may best follow the dictates of good sense
by not proposing farther to increase it. The next article
which I will;mention is spirits. Hon. gentlemen are, per-
haps, aware that in the lest few weeks there have been
large deliveries of spirits. It appears the public
thought that somebody else thought that a pro-
posal would be made in reference to this. I do
not wish, sir, to make any pledges to bind (owe years. The
House of Commons bee of late yeas uniformly proceeded in
one direction. The prisciple is that we ought not to lower
the duty on this article as much as the revenue will beer,
that we ought to raise it to the greatest possible amount con-
sistent with the prevention of fraud on the mane. How for
that can be done is • question which ought to be postponed to
future years. The committee will reoollect bow very snores.-
fol for • series of years have been our &slings with /phi
duties. From the year 1863, when I had the good
fortune to take the first step, mad 1858, when
the right hon. gentleman opposite wee et lest
able to equalise the spirit duties, they have in the three
kingdoms undergone a number of successive changes.
1 will give the general results. In 1863, the total =omit
of
duty levied on British spirit—l do not include colonial or
beendy—but the toted of duty collected by the Board of
Wend Revenue was, in Englend, 3,166,0001. ; in Soo:land.
1,867,0001. • and in Ireland. 1,267,0001 In 1869 the amount
in Fineltai was 4,073,0001., or an biomes, of 907,0001. •
(the duty, all through beieg uniform, theee was no cheap;
except Dome trilling adjustment in England.) In the
rose time England received a considerable quantity of
▪ trite from Scotland and Ireland, but that be a detail with
which I needlnot trouble the home, I will only give gamed
realm tealy in 18
therlesed from 1A67.0001. to
' 2,760,000 aerate of 882,0001. In Ireland the increase
wise from 1.2670001. to 2,364,0001.! net increase of
1,097,0001. The, general rani then to
thatfrom this most
legitimate source of taxation the inane, from 1863 to 1859
hes been from 6,601,0001. to 9,188,0001, the set incases
2,807,0001. Let me tell the committee this is a real
substantial addition, unattended by • angle moral drawback.
This is a real addition to the amount of the permanent
revenue. Making due allowance for the growth of porde,
lion, it is a clear inmate of 1,600,0001. The Mee ale now
equalised in the three kiugdoms ; but when we calielder the
difficulty with which the subject of the spirit duty is attended
in Ireland, and consider, moreover, that of late yam theatre
been in Ireland • gradual tine of the duty in that country, I
thick we ought at Mast togive her a single year's net by not
proposing farther increase. We mar consider up to this
moment our maw he been complete. I believe contra-
bend made Is all bat ahem; but when we con-
sider that • few mouths ie but a shod aperients
of • matter of curb importence, and also the dan-
ger of giving the last atomism to contraband. We
certainly are of opision that it would be unwise, or at all
arts premature, st the present mimeo, to propose any
general Imams of the spirit duties. With regard to a per-

is my mind snows to deirice ration, or something mote
than demonstration, against soy change in these duties. I
have already mentioned to the committee that the delivery
(4 spirits, in anticipation of • change, has been eery large;
the deliveries of tea and sugar have bees far larger.
Ice dealing with the qualities between direct end the
direst taxalioa there 1s one argument which, pprlis
impealsoily expressed, is substentially this—the ft=
between them involves au question hetimerilsad
AI Mims my IMMO Omelet do - •
clamp pay direct ; but Indirect tax:is..,prom
mere suioualy athe labouring pop leo, (Bear, she
This wee felt by parliament at the ommentommit of the
Ramien war end an effort wu made la eateemen mom te
meets lergiportion of the demands of the war by seem of
new taxes. They carefully observed the mitiattessea of •
due relation between the amount to be relied by dim% sd
indirect taxation. I think I may take It fee grated it woe
then the determination of parliament that of the properties
of the expenditure for the war to be drawn from new tame,
the greater pert should he drawn from dizot, the Ms •
part from indirect. The same worse boa been fol-
lowed
since the war closed at the end of March, 1856,
eeftin/daleicat with the Modal year ; bat although the
f year 1866.7 wee • yam •
et peace sa far as the ors-
OM ma at as end, yet It was not • year of the Mame' or
peen; it was a year of transitios. A great portion of it was
occupied in bringing homeour armament from the
and the expenditure eerysemly equalled that of • CrOlear"4
war. TM year 1867.8 wee the beginning of the flame el
peace, Is ememmenes of the redone. el oar astabilsimente.
Is, MAIM& friend the &mem of Elhete for the Bono
DeomOsaml, whowee then Chas:NAM of the lieshmear,
heal WWI maim the necessity„ in order to men
the demob of the patio service, of keeplog cep
• snob poetics if the imersesed taxation. If did ,
teal bus aktirelyrentoeid at *seed of May, 1857, the date
as owe el the lowest dam would have game down to
9s. ft per art. The duty on tee would hso some dews le
Is., eadi be. income tel to bd. My right hon. Sim* bon- •
ever Mad himself under the neossity of stopple, the per-
tin inseam of war tom is order to meet the mood
one of eamnditure, bat be also took me to mention the
Inman the two means of supply. Be salted
to maintala a portion of the exue duty on tee
sad sager, and he oleo retained the 2d. is the pound theme
tax, which would bare expired that year if the Mot 1664
ware allowed to take effect. My right hoe. Mead contimed
the extra duties front lit Aped, 1857, to Mena, 1860, •
period of about three years. Toe result has been that he bee
retained for the financial year 1857-8 • 2d. cc
the Income tax, which would have lapsed under the •
act of 1853, and which produced about 2,000,0001. lint the •
extra duty on Mend eager has been maintained until 1860.
They produce about 3,000,0001. • year ; so that t f the •
temporary war tams, those relied by Indirect taxation will
have produced 0,000,0001, from the doe of the we, to 1860,
whereas the direct tax Moe will have produced 2,000,0001.
That sir, b the true state of the account. Whatever may be .
the anticipations of the yobbo out of doors, whatever the
patience of oar Seders would endure, in the view of the
Liberation they would be goat y of • mono breach of
if at this moment we sated you to add a single 'Offing
to Impute m tea and sugar. I will likewise rosin the •
committee of the position in which we sow stand. The
mitre duties are, it is Sue, the mot coammisat side of ,
Taisho extra mesas, TM extra duties ore levied as the ,
ray evening that the financial statement is made, aid we .
eon get 12 moths' revenue in 12 menthe' time. At trees % .
however owing to various circumst.ncrs, the finandel Mete-
meat ha: boa delayed nearly four months, the mount to be-
raised by extra taxation for that space is loet. Bones
that, nearly 1,000,0001. has been paid for duty in anticipation
of • Menge. The &obelus at the raiment is richer thee
It maths to be by about 1,000,0001. That sum repreeente the .
unman which would be moductd by those duties for the
next use or two months, so that in point of
fact these duties have abeny been anticipated for
six months out of the twelve with which I have to dot o'
I could sot propose to parliament to make an themes is
them. That beteg so, sir, 1 here arrived at • point which
will be seedy auticipated. (A laugh.) The diviningissaley •
of en intelligent audience relieves en orator from mewing .
to detail'. It only remains for me to say whet we to
do with the income tax. The income tax has, looaerive. •
entered into our fiscal legislation for two great purposes, sal
at two different periods. The tint was to enable us to make •
permanent end salutary reforms in our commercial end fiend c
omens. The ether is to meet, in • manner the mast dikes.
clone, any sudden exigencies of the public service. I would
web, sir, that it had been my fortune to silt the committee
to ono to a vote for the farmer rather than for the latter
purpose. I trust the time may yet come what,
if the income tax is to be continued, whatnot will roolkot
that it derived no smell passport to pnhlio favour as a peace
tax, that it was a mute of enabling us to make comps in
our system which have bon productive of the widest sod
most permanent social benefits. (Hear, hear.) Them ban-
other parpose to which it is to be applied, to meet great public
exigencies and extraordinary demands for the public service.
There en purposes Oct so pleasant to entertain, but @loudly
legitimate; and if the honour dignity, sod end' et the .
country require us to make the great sod sudden
effort, I think the continuation of the income teL
is • legitimate source to which to rood for Meng
the money required. I do not know, sir, whether
the committee wish roe to lay before them details with repot .
to the income tax. The expettationa which were held out
when the income tax was imposed have been mitiroly ful-
filled. In 1853, when the act was parsed which imposed it,
the revenue was pieced ander ouch a system that would
enable us hi seven yore to dispense with the income tax as •
omens of robing revenue foe our ordinary requirement"; and
so far es depends on the revenue, that expects? i,,n has boa
entirely totalled. (Hear, bear.) I will 'tate whet the ex-
penditure of the country was in 1353, and compare it with
the main revenue, and the committee will then be ails is
judge how far the expectations then held out ore jnotiflog by
the result. If the expenditure had remained at thenme poet.
Use revenue would more than suffice to accomplish every %Wag.
In 1863 the revenue was 69,000,0001., and the expenditure me
65,769,0001., in 1859.61 the wheats of revenue LI 64,340 0001..
showing that It has grown 5,316,0001., a sum about equal to
the income tax at 6d. in the proud. To balance this moron
in the revenue, the expenditure, which was in 1869
55,769,0001., is estimated in 1859-60 at 69,207,0001. While
the revenue has grows 5,316,0001., our expediters bee
grown 13,438,0001. That woe • very simple mid trans-
parent explanation of the difficulty of doing away with the
inoonie to, although our revenue has increased 5,316 fOOl.
1 may remind the omareittee that this income is entirely
dependent of the advantage we shall get next year from the
termination of 2,146,0001. Long Annuities ; so that, on the
whole, we should have had next year more than 7,000,0001.
increase, • sum which would enable too not only to
away with the Inoue ter, but oho to loose thee
duties en tee end sugar, if our morn Mute had not Maimed.
I think I may my without be•itatith that if the humane stands.
st what I estimate it to ho, there would not be the allgtMet
difficulty in dispensing with the income tax and lowerneg the
tax on tea and sorer, were it not that the expenditure het
Warmed beyond that. I have already stated that 4,867,0001.
is about the deficiency that I have to meet. Them is one sosres
from which I may derive some small rum to meet it without
interfering with the come of trade. It is a matter net
entirely new, but which bee from time to time been whirred
to by Chancellors of the Exchequer, with the intimation that
the time would come when the proixwal might be made. I
refer to what is called the system of malt credit The met-.
Takeo perhaps are aware of the peculiarity of the audit
and hop Incise (I will Dot eolith thelatter, the ogee is peculiar,
sad the amount is small). I will deal exclusive) y with the
duty on malt. gosling roughly them is • metht of very
namely six months given to the maltsten by the govetoment
They make the malt, dispoee of it, and get paid for it„bdore
they are railed upon to pay the duty ; so that in point cd
fact the public tied the capital for the mallows to tarry on
their Ithisiaties. It is not so in any other trade 'object lo the
excise; the distiller and spirit (rotor, after the spine has been
gauged, end the officer her made hie round% is called urea
it once to pay the duty. A delay of Pone or dm week" ie
elf
that le allowed to the dealer In spirit'; end. la Frointolja
se ems se the collector can make out the charge be teal
upon to pay It. Bat in the cos of the melt duty there is •
delay allowed of 18 weeks, which added to the Om t
six
Nab that take place In leaking out the scoottellt e t 0
cam ef the spirit dencr, mike. a period of nearly am
meat In former dome It was felt that this was a medics
ot some immosses in %natio* to the eyatem trf Plut el It
to the degemdmice of the sittlealtuda enth°„,pr
barley be the boo mike. It was thou,ht,
, sr*
Weer et rearm, that this sync= suppled a capons the
ma who bought the barley from the farmer, e
rialFy
leaded to whams the pries to the farmer bum etog hima
a wider market. Bat we bare happily outlived
time when these artificial arrangements mull, would,
or °tight to bs to tolerted. The system of Win.: ospital
fns the trader is in principle a bad system, and, beteg

HABMi

• lad systap the emend bed Mass Is It is flet II is ea
ascaptsaal *peon, and that Ua yekikeps dash Ws der
nstbere same le tot served by edam 1 11 's
(0.4,11.01 Mt are thew/we of octal= ad the time hes am
wome this system ought to be aedilled—l de Meap
abolieLed, heroism undoubtedly tap alike alissatins althea
hoed witald greatly dentate Um Wads, aid per kirks" OP
I.l* filinsteee of • large poetics of thus mewl la it. Ws
pima., thereto's, to dial with the is mail in its alba
ameeer. (1. laugh) Pmts the eights= wain theteremew
all teed •r plow* to take six, leaving team I delft We
that • farther moasurs prepared In the saw Masi= MI
not at some fatten time still tanks std w effernal
this chirp , but we an aswillieg el dr pert doe Wefts
nal oval potted of coschist, sad theatise, yids we pea
Patir trap the pried of alit, we peeper, veld de
pram& sinmeresse. to idea mikkre • dlastat el
Irer per mat. epee the pomade he Ala they may be
crinoline tree we they lime ben stasioutell to pay dim,
ot that She ail ell bed bird sank sed it will hs re-
duced es amok r pied& to the aniline of • beak trate-
astios. Is feasts yew elm= arlionet will be Aiwa.
I win not trouble the he.. ebb de Intricacies of
armageotesee of de ark dabs bat I may say that the
of tho reledbe of mkt by the pedal of al weeks will be
to brtag hat the Ilmehmasr, aid nat rely that, Int what is
the ant thing fee my peeper. Is bibs It is bodies lin let
at Awn, MO. the .am of reellef., r delt weld est elm-
we. gad t way thine till the lealkoring flaancial rem la
point of fact, out of the privilege of 34 talllioae of • lama
which pm make to the inalielsre nano of than ontinsnis
lag donee. I mown no tab slat of 800,0001.—
that is to soy, I Ida the sess d., which, if lan
hoe.coarse of salingl• bed ben sadto„ wand net
ham acs boa tbasee 1111 dr Mewing year. The
whole dellebeey I dead le he sheet 4,867,0001.
If we Mut her ilk tend 1110.001:(., *as
Y slat a dalisiessy dear is. "Mr; Alb vs repro er
roar byre wog d ibe low as. (Bs=
Ile pressed rats et tie bum sire is U. lathe
We propose ea addition of 4d. le Ilt•
_yew& 0
sal • ' Bair, Isaac") T 61,0106/ All mar hw mEleme
moon. la making an additicei of shbblakil bet rem ea
arsory that we sto.ald To-intro:law w disdrate era vas
forawrty made between incomes show UAL a yew eel b
were wader 160/. • year (Hear, brew) Swam Ili dm-
tiecoi,a as originally introduced when fbe Irmo Isms at
the rev of 74. la the pound, hat was aimed he dap when
the rate MI ; when the rare pm seta alanizint!
must
br *ere sissor to • doubt that the
must be siniatiesdneed. I think able that the 12/zd
disposing& ef asamittee will brit •
reto ow Mawr banes behoves ISM Igß,r gliewhat
Y caned • ant flak favour. I thinslinn that
• rate of 411. le de pearl shoats be W man da grad
'mar of them wiliesalmmaa an dare UK, rid Uri • isle
of I Id. need be Impard_ spas ilea whose imams en
rode, 160/. Bet I dm beday y, that my Trapani le,
that the whole Wilda le Or lessee fax, if tho see elttse
didi gots Hhe the service elf de yew, shall be reit eppli-
able to the sans of the per by Wag eneed epee tee
itelf.yraf. • ggmwa I think it in die clear sense of the
tworaittoe that as sa condos of this kind we ought to pay
our way. (Bre, hoar.) I think it is also the dear anise
al the coneables,lt I 'stem it aright, that we ought to pay
oar trey without how* to resort to indirect timaWn.
Ewa( date whet es an abior by the Ilnitatioa of the met
eosins, it is WO ieserwary that I Amid And mean, to most
that f cur milliene which storm am la the face, sad if the
money I. to he appiicable to the service of the veer, I most
bare it to to Euterpe, helms the la of April, 1880 ; ear
ass it to in the Exclwqrter by that time by any mesas,
salon it is levied In owe single payawnt, the trot matemattat
which may be levied after the rrsolutka shall be adopted
by the house. (Hear, bear.) i will aphis, to the coal-
mine-, if they win allow me, exactly how the
will stand, or what the tiugatheror will seh—lt Crt:t
It-
antes should adopt my risolatloa—the net lime he
dhows what I ma ahaid I mast call hie 111-oreseed Awes at
year doom (lAughter.) Tha effort of this popseltioa will
be that the comma or winter mowed of theinsime tax win
be, he all those whore boom.. sea shone Ifidl. • your 84d.
the resod, or at the rani of I3d. in the year, and U. ie the
posed for the half you to those 1.11010 IMMO ONO Mot
160 f. Poe the remehateg term of Whin in eilly will
said needy so it is sew, that is, at SPA as dr Wiry= ke
both dears of taxpayers. Co Uwe, If I ban wads Wel
sadostoad, the seat demaad will in hr Old. sod 41. be da
preed. or at Mr raft of lid. a per se sil whoa hued'
en shore 1/AL. sad di ta•
tb• lasi a
lea whew broess an below Ida. The mil
woad be dial this adationd taa will add le lbs
Isebetpase den= el 4,3111,111101. Add to this the WIIIIJIIII
te be renew/ is.. the liestiells et malt credits, sad dio
teal will eased M 1,110,111111. The nark I law already
staid to the essmighte is 4,111111,110111.,vid5b, Nested Ism
IM ways lad ewer i haw des ps.ysoi, dere read es •
sereino of 1113,000 t. It wlll appear lebse. asabors
that this oar*. is • mall aes, bet se did embissll hen
toi ay • ward to the trandller. I haw divedimetkall to •
ism f 400,0000 , ink& re art be le Ira in
Jemmy sett. a chimp width. tbregb It bib Sta
dr
layers at this year, yet, try the enhearyi=eate
hr...,tamp ea le ebb he Is dr
Tbat brim ro. I de set 'wordMet I sr bused le sent.
em ittor to rain tars is area of that dim Ibis yaw it it
nee be ocanatiestly mat set of Ibe Falb belsers. Now
maybe • satire of basset is dr araller• net I ieelj
ado haw the pails Warr ben t
lsegagia—beiw tiny
d eed a mover, sad lea ther see ledeed st he
IWO St til• log. pa the lib ether., 111111, eseril to
0.11111,41111., lea ea lbe l t ef Apdi dry steed et MANN.
le dr alma d the par It Is .dew that as sad-
dler lode Wren wilt mealy be Erb ben ereptiossi
walideg pubis wryle tier metal
111=Geer
,wbteL. wMI the wrglr .err I base dread'
Wheeled aIIH.MY , ail arra eberrdre "
Fro Met we art dam tee =Mee el IllarberseYZ
vrNr wore led of se dr llb et lay searese, I
bmw eakele, et Mr Madelire et prikart, owl dr bet
dig se add be mass le was Ibisalhavbs
Whams In tie izelenert ea de bet of Apra,
dietedire sampeet le 11,1112,011111. net mot
soma of baker India vid edis eelldad le
Or domed, wawe itspikai Si with refiner le
V sal& leer, bans, w seleseent darn as lb.
allseed is the salsa et sea anise Lby ir
rpm • bap peaks of the tousishis meeldsa
Iftral, doe, b the abeam wan I her ie Edo le dr
aembiss I rill me se the '.reins te tome he sop
rebeiel vets ineight It meal ahr the asnedlese deer
sans te err/be ens they vaati lira so mew the
el di If I ittly adialper their wider
ratite dabs In oboes es so* day Iv that
parptes, bon Where, bath le the row am* the arks,
armed as ear ceridetellsek width re probably better
safiesied ire der .wed. (lauebter, red arks el " Herr.'
I bre telly l• • kraal alb et age and maw, two
neabdierwith yawl a dr brae Ws, eel ass with
sepal is she melt India. Oes wed men bike 1 St
draw. I barer I ben ask a peetlimemi se lie prams is
sad pariah= dde sestalan; but darn Id rle replied
Om the eariiimasiat of this kneed blyp the lbst drat will
Ilk se we sit he.. k art he. dtaape.bla le es, reirbabie,
sad rat it elf w 4 awl a the et pidlesses
seirsat the brews of the ps. . Leek le the sherds
pr Mw Wed aid to dim 011111 MANS pre bees rad.
if pee will read de speed libel unbar the
barge we rapaess el dose adman sat add,
awe. (Ise, bier.) Our dry ais • past dame to
ale ewe al nedasete beard Is car redrouson; yet w•
bees rats Mon nee, est roily ta the dieetteme et am
awn sad nail duty. bet arkabsdly with reedy, maim,
sadtomelemteme semelt. (Bea, bear) There deal doer
111161•••••—ibille seri lir drip which yes her pa sew
thebike trerary. Via OW IP Daft ellow
rensins la be areyet by adL.dlra sit tuba k wee-
der sod prodsdk, or the eons La sr ask
_yea if pee
ben nay sad osseskaikedy tilairreed yew dry k b-
ias w esperiltses es yet hew Ask at the sees et
SPANK f r the guides yew? If as his oadarard
yew he, a doing that. then is laisiber dry Ada is est
aseseerna sad am, that we ehoehl rate ado:Huta
porkies se met the charm sod Wird ei seerblem to the
pest lay= • Adair inyetioes• of resit the
with which day ban sever yet bra
=lll as way pity as their asyldber,Pheir lestbses-
libb (1•11480.1 sad paeriake, seediat the May will
SSW ahead iNIIN sad ear relre, ray busks which b
poked le sorb tbs Meer sad mei& hr the suserity al
de emery. (LW shara.)
Ile right bee. etstbnee Mss pissed b the baled dthe
Astra is • Mudd notieties garress • apply of 7,000.0001.
Aar • direllary disowerias, the reedso Mere Wad
fir, ed erand to be TWlrted.
Th. paset et the Comdata of Bendy was brought up
awl vetted le.
Oa the mese Ow ask. Into Committee of !topple., a mat-
vereatiee mom omens eldestiee mined by Mr. AYRTON
Ulm reedrodkr of the Larks Corporation Bill
tra Friday teseenr.
14 r A. SMITH mak werebesindresseas Iho tonne-
v.'s of the premerty haler thealMethiiiMent et Woods and
loran
TM hewn thou west into &rattles of ellppi, ass the
Cavil &weirs hatimatre sod end Cratieretties, sad various
vote. were aimed to, after lash diasurise, war the chair-
rase was or tend to nowt Demme.
Certain balls were foreraded • stage. sea WV. a give
to introduce the toiloatag bill. —A Inn bather to mini
the a.• Mathes to the Itecionisetkal C ad the
act tioscorotag oho maaagebeat ef Bekeral mad
Banta at Begird ; • bill to amend the eat of the emdl
10th year of ',Ciao 111., cep. 7, Is Aremerks
awl • bill t, repeal wet al •wt passed la 'be 1321 yew of
Quenon** *be* retitled "Am set erneerniog the sorra
rasp waists of the Calvarsinee al Oxford and Canfield's,
and the oselismetine of the charters, liberties, end yoiribpse
peed le either of them."
Tae ilOlll.ll 'dinned a tat minas to 1 o'clock.

OIITOTAL PALM MIT Unios,--Th• subserip
the Me of thle en sera, Ilia resered resrese
Ihe piddle petessep rsd d win Ms dosed kr dr
pert ow es Thwerloy. de lid id. The Ikarlre he
lb• pries ell Mr peso et re espial Pawl ea the hisor-
des Thereby. via, the Nib test, ear-esdro 11 &desk,
elm she serer of the email owl a delereet of seeteme
.111 be ord. deindlose ken
_fes shoises• ihs
maw or ratio We prewillas Oa mirseptim "r
Sr she
TanLau Tem) Com.—TM Birmingham &-
sem 41 Arises re bike dr It 's is • rwrnot kr
• mart la mammy at th• his Ina Died
Or tM mist It Is pewed as lies dr reerriat la
Imbrue Choi • esserldes le short le adept the mew
soy seem= Ise tedrytas at the Agin is view.

lIUMS-NIW MODEL-CRAMER,
MAUL mai °NUL IMlllibeNall.

ifiekiAN BANQUET at St. James Addy,
ipeasoW. Jar U. as TIMM ar..
ni laalsa. 1. a. Jameropost. sr& of MIL
ie

Irbit OXorllsls.

TO COIIIIIIII.OIOZNTA
aheethomee Yoshi •r "TM 'llz==ea
SAWN ma be et the Ole, 10,
by The PC
ea the ty et pehhceelte.

114T111•111.R.
Tiro Itrumok lIALILIRIN Or 0011/051E 001.
TOWED 111•2071011. lAmsa MAN ilsibms•W. Ompies.
HAYPT.— •
;bWi LOVIF • "I"

12 .1.
TOH •,_s. mire 1 1,201
HIGHT H. Hama It La II TH2 OAT Itl nti

awremiwia.
To Wimps. .1131/111 111011111W011711: a.The tabriereas at
▪ UMW. e....Mc IL likow; lelm.kilatexama. Mn. S. 1...
• Lail, L. Iwll TainelL—Lad TM FAILIFIOI OF
131111LIWOOD roans?. Mr. w. au. a 010911.

NON WATIII AT LONDON DZIDNIL
sal—Aumreg. les----Aitmen. OA
imarnr.asales. IL f. Wis.

ZON.DON. TUESDAY, JULY 19.

11. GLAD TONE has evidently resolved to prove,
that whatever may be his liking for complexity sad
involution, he can be simple and direct to the point
. .

•
as wall u other men, when ha is co minded. Hie

speech last night, introducing his Budget for the
current financial year, was shorter, more concise, and

far clearer in mat respects than any of his previous

eff— arts of this description. Those who tecollee ted the

marvellous ezercitations of 1853 and 1864, were
probably prepared for an equally astounding
feat of elegant dancing in arithmetic fetters; and
sat a few patient country gentlemen took their meats
smelly and soberly at half-past four o'clock yesterday
afternoon in a spirit of patriotic resignation, fore-
seeing as they imagined the certainty of their being
found there after the great bell should hays tolled

nine. Bat the CationLwit of the EICHZQUIZ

humanely Towed within himself that In the actual

condition of the atmosphere, of the river, et the see-
sion, and of the national meowed*, the best thing to
be done was the simplest and least speculative; and
hence we have the satisfaction of presenting our
readers to-day with a financial statement that occu-

pied little more than an hour and a half in delivery,
and which will be found to afford as few salient

points for hostile criticism as any that we can call to

mind for many years.

According to tleeummary of income and expen-

diture put forward by the right hon. gentleman, the
latter will, daring the next twelvemonth', exceed the

former at oar present rate of taxation by no lees a sum
than four and a half millions starling. The general
toes of our fiscal system has indeed been for Nue time
healthful and buoyant. According as sack core-

minted diminution has taken place in the rate of the

Income Tax, the prodace of the imposts on
.nearly

all the great articles of ordinary consumption his
gradually increased, not sufficiently to counter-
vail the loss to the revenue caused by

the relinquishment of such rut sums Of

•
direct tribute from the upper and middle claws,
but still enough to show the elasticity of reverse,

which is the surest mark of a sound and vigorous
state of national industry. Were there time to allow
this recuperative principle to operate, we might with
mindidence rely on it for the equalization of out-
goings and incomings to the Exchequer. But un-
luckily for the luxuries and enjoyments we had boss
promising ourselves next autumn and spring, noon.
sity ham forced itself upon the national mind of
making better provision than we have heretofore
done for the defence of our island home. Fora long
while we remained incredulous of the possibility of
danger, and regardless of the professional alanaltr
who were continually adjuring us to arm, fortify,
:

and get more line-cd-battle ship ready for see. And
so long as either • constitutional or a republican
Government existed in France, or even a Govern.
sent affecting to be practically swayed by regard
to ministerial responsibility and the public opinion
el Europe, most people were disposed to turn a dot
oar to the demands for largely augmented annameate
by use and land. What we have witoeseed within
the list few weeks, and especially the events that
have passed before us in a spectre-glass within the
last few days, has wrought • profound change in
people's minds in this and many other respects.
If one prominent part of the map of Europe
can be erased and redrawn by two irresponsible per-
sonages, breakfasting tego•a-fete, without the know- I
ledge or assent of allies, subjects, generals, ministers.
councils, senators, or populations—the same thing
may to-morrow be attempted elsewhere. Treaties
and conventions, understandings and promises, are
good for nought with potentates capable of thus
setting at defiance, not merely the letter of engage-
ments, but the very spirit of all international right
and the sanction of all public law. The privy com-
pact of Villafrenca is in this aspect the greatest
outrage on the political civilisation of Christendom
that has occurred in modern times; and its direct
and immediate effect upon the Legislature oil
this country has been to secure the rapid
passing of estimates that twelve months ago no
Ministry could have carried after any amount of
discussion ; and,as an inevitable consequence thereof,
the reception without a murmur of a proposal from
the CitANDELLoa of the EXCHEQUER to add to the
taxes for the current year the whole of the sum re.
roared for additional outlay. Four extra millions
will be needed to equate the national account for the
year. Experience has proved that every additional
penny in the pound added to the Income Tax yields
1,000,0001. stet ling. Mr. GLADSTONE, with IX hosed
courage that cannot be too highly praised, says to
Parliament and people : If we have deliberately
thought it worth while laying out this sum in
the farther assurance of all we have and love from
the sudden sword of a despotism no laws can bind
and no respect for the comity of nations gum to
sway—let us make up our minds to pay for it angst
superfluities and even comforts, promptlyand cher
fully, and thee give a moral significance to the est.
Let there be no frittering away of its moral valor by
wrangling. or complaints about the weight of the
additional hurthen. Let us strap it on our ghoul.
den without a word of complaint or regret, and thus
tell foreign absolutisms free men know the worth et
security, and want no coaxing device., no jag-
gleey of loans brought out at a fictitious premiums to
induce them to provide the ways and mesas re-
quired.
It le not usual to debate the general policy et tie
annual Budget on the night it is brought forwapiL
Ex-Chancellors of the Exchequer, and aspiring
flaanciers who look forward some day to wearing
the embroidered silk robe in which the guardian et
the Treasury figures on set days at Court, are ese-
tent to reserve their commentaries and suggestion,
oatil they have had leisure to check the Minister's
salcalations, and compare the doctrines he has
laid down on former occasions with the poe-
tises be reeesueseda on this. We do not
desire to abridge the scope of each criticism
is the present Whose. We never wish to