The Express.
London, England, 1867-04-05 00:00:00

THE BUDGET RESOLUTIONS.

The following are the resolutions embodying the
financial plans of the Chancellor of the Exchequer:
" 1. Resolved, That, towards raising the supply granted
to her Majesty, the duty of customs now charged on tea
shall continue to be levied and charged on and after the
Ist day of August, 1867, until the Ist day of Angst, 1866,
on the importation thereof into Great Britain and Ire-
land, viz., tea, 6(1. per lb.
" 2. Resolved, That, towards raising the supply granted
to her Majesty, there shall be charged, collected, and
paid for one year, commencing on the 6th day of April,
1867, for and in respect of all property, profits, and gains
mentioned or described as chargeable in the act passed
in the 16th and 17th years of her Majesty's reign,
chapter ii, for granting to her Majesty duties on
profits arising from property, professions, trades, and
offices, the following rates and duties (that is to say) :
For every twenty shillings of the annual value or amount
of all such property, profits, and gains (except those
chargeable under schedule (B) of the said act), the rate or
duty of 4d. ; and for and in respect of the occupation of
lands, tenements, hereditaments and heritages chargeable
under schedule (B) of the said act, for every twenty shil-
lings of the annual value thereof, in England, the rate or
duty of 2d. ; and in Scotland and Ireland respectively, the
rate or duty of 1 id.—subject to the provisions contained
in section 3 of the Act 26 Victoria, chapter 22, for the
exemption of persons whose incomes from every source is
under 100/. a year, and relief to those whose income is
under 200/. a year.

" 3. Resolved—That the stamp duties now payable in
the United Kingdom under the Act 7 Vic., c. 21, and the
Act 28 and 29 tic. c. 96, for policies of sea insurance
shall cease and determine ; and that, in lieu thereof,
there shall be charged, collected, and paid for such poli-
cies the stamp duties following (that is to say)—For every
policy or other instrument whereby any insurance shall be
made upon any ship or vessel, or upon any goods, mer-
chandise, or other property on board of any ship or vessel,
or upon the freight of any ship or vessel, or upon any inte-
rest whatever in or relating to any ship or vessel which may
lawfully be insured, for or upon any voyage, in respect of
every full sum of one hundred pounds, and in respect of
any fractional part of one hundred pounds thereby in-
sured, 3d. And for every policy or other instrument
whereby any such insurance as aforesaid shall be made for
any time, in respect of every full sum of one hundred
pounds, and in respect of any fractional part of one
hundred pounds thereby insured—where the insurance
shall be made for any time not exceeding six months, 3d.;
where the insurance shall be made for any time exceed-
ing six months and not exceeding twelve months, 6d.
But if the separate interests of two or more distinct
persons shall be insured by one policy or instrument for
a voyage or for time, then the duty of 3d., or the duty
of 3d. or 61., as the case may require, shall be charged
thereon in respect of every full sum of 1001., and every
fractional part of 100/, thereby insured upon any separate
and distinct interest.

" 4. Resolved—That no allowance shall be made for the
stamp duty on any policy or other instrument whereby
any sea insurance shall be made, except in the first case
specified in the first section of the Act 54 Oeo. 111.,
c. 133."

Mr. Hubbard will move on an early day "That a further
reduction of the fire insurance duty should precede the
institution of a new measure for the reduction of the
national debt."

Mr. H. B. Sheridan, as an amendment to the proposal
to reduce the national debt, will move " That this house
is, by its resolutions, pledged to • reduction of the are
insurance duty to an extent greater than that which has
been already made. That the reduction at present made
does not satisfy this house or the country, and is of too
limited • character to attract increased insurance. That
the duty in its operation tends to diminish the revenue ;
that it offers, in effect, a premium for the non-preserva-
tion of property ; that it increases charges upon local
rates ; and that, in the opinion of this house, it is not
expedient to maintain the present high rate of duty in
order that from its product funds should be provided to
pay off or diminish the national debt."

BISHOP COLENSO AND LORDRONILLY'S JUDGMENT.
—Dr. Coleus° has issued a circular address, dated January
31, 1867, referring to the decision given in his favour by
Lord Romilly, and declaring that he is now bound to act
for the maintenance of order in his diocese. He there-
fore calls upon all clergymen who have formerly received
his license to pay him due canonical obedience, and that
any who may not have done so, and wish to
officiate within the churches of his diocese, will
apply for his license. As to others, he says :
"If any of the clergy are not willing to comply, as above,
with the plain demands of the law, but will still persist in
declaring the bishop of this diocese, appointed by her Ma-
iny to have been lawfully deposed and excommunicated,
defiance of the repeated decisions of the courts of law
both in England and in this colony, and will therefore
still refuse to pay him that canonical obedience which is
Wally due to him, while assuming to minister within the
churches under his authority, it will be obvious to all of
you that they can have no t any longer to be regarded
as clergymen of the Unite Church of England and Ire-
land. And I am sure that you will feel that the sooner
such an an9malous and disorderly state of things is brought
to a close the better for all."