The Express.
London, England, 1858-04-20 00:00:00

LONDON, TUESDAY EVENING, APRIL 20, 1858.

VERLAND ROUTE.—WEEKLY COMMU-
ICII'IIOII rto INDIA, shit
IlyaL4—Tbe
yretira ard 0 lIIITAL IPTIANgaTIVIN 0021.
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MONT BLANC 1$ OPEN TO-NIGHT.

R. 'ad Mrs. GERMAN REED (late Mi. P.
Mittlw sofas-IX
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sus dam, ft Wm Boni of Ilriesillem.
dims; nil at Omar. iris. aod Owl% le IlagaNasem. 14.

CALDWELL% THIRD BAL MARQUIS
PIM 40 THUMUIDAY, ANN ler* ;moil
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Owe Oloive omooloon ow mob tem
MIA Adodoloa 111.—Dmolrook 11/10.

DR. KAHN'S ANATOMICAL sad PATHO-
Ay LOGICAL amisdb a,,,.
=MA (Herr DAILY AINWok IA by De. Übe oi
iNg A—De LaloA Looluivo as Obi et lisol•AA AA,
um pot ton es roolipt et 1.1 domis.

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MAT= IDITION Or
/MU
NIL IC Anil LITZ Or LORD
lOW
Noe nay. lo win, moll wa Itelnkolos 131, do*.
LIFE and CORRESPONDENCE of Lord
'a M &WILLI& If Jess !flaws Km
tom mai wink Ildkiss, with ailltinol Woos ma ppyr uhu
bobs it A..& Wen brie., rat IYYi Lome.,
NM In M. Mr of wiallenaloo IMa
Lobe Oar. rid Co.. 11l Omblll.

EOTICE.-Mr. THACITERAY'S LECTURES
re the ZX OUP, HUMOVRI*III of ilia I.IOIMIIINTFI
CM, Nam Masa. VA Ivo. pries do*. be raft is
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Landon: Pula, sod Co.. aa, Coral&

TIeSTORY of the SULTAN MOURAD and
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be %rre ee weemmiller lbeeellemel it biseibsze tt .111 ti
as beim the pebedieg ellee to me mem fametiket adds's,
Pluebotreet. Leefaa. /O.

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k ARRIS'S SPECTACLES, die cheapest and
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A Coarra.tst.—Whilst we were watching and
waiting ke pt a glimpsed Outram, whose guns, mingled
enthiatommat musketry, bad kept up their thunder eines
*Week, • diversion we...fleeted on the roof of the Ihlk
kolas la the advent of Poleran Singh, Brigadier of the
Gkonhae of Frsnks's division--a very gallant gentleman
Mug. Is white kid gloves, a height olive tank trimmed
wait geld hoe and fastened across the brevet with a clasp of
elimand• ; tight olive penteloona, with gold stripe; a gay
a olive skull-rap, with a gold lam rim, In front of
stda—mine of Gilmer:le.—there shamed, broad and
as one's band, out aigrette of great diamonds, Into
nhrrh was fired jauntily a light graceful plume of bird of
Paradise teathers, the en 4 at which were curved in a gentle
waving bead by the weight of pearls and emeralds attached
to thent—a witaseer with Jewelled kilt and sheath, and
Jewelled pistols by kie aids—what • contrast did our friend
=plain Sir Celia is his pith helmet, • plain blue
coat to
with bettor, sad corduroy troosers, whose only
meek of commend was his air end his trusty old sale*
%del nuke his arm !—Tines corrupondeat at hacksaw.

IMPERIAL PARLIAMENT.

HOUSE OF LORDS.—MoxDAT, Arm. 19.
TM LOUD CNANCILLOILSOOk bli Mt 04 thti woobook at
in o'clock.

PRIVATE BUSINESS.
The Birmingham and Staffordshire Gas, Um Edlabwith
LLds Among= Company, and lb. Whitahasen Harboar Bills
rad a awed woe.

PUBLIC BUBINIIB3.
TEI GOVERNMENT OP INDIA.
The Earl of ALBEMARLE pve sottoo that co Morley
out he would pretest o patios Iron Bins= la refer-
Moe to the minnow M the Nem India ou

TSB OATHS BILL.
The Bari of WICKLOW ply notice that In the &Mt of
the Oaths Bill boft reed • asessd time he would In eon-
althea Move the aminfaia of the words, " No foreign prison
pikes, site, or rotate* h•th or ought to have any Arb-
or authority ibis nmeim."

THE 61/311 OF THE CAGLIARI.
Lord WENSLEYDALE emir the noble bed the Seer
tary of State Joe ForamGun whether he intended to rah,
the question rte the legality of Ur Ire &tendon of British
se.;in Napier and the us&Ekei of intensatkatal law
est rof e ere the to the decision of the
TuWel Cle a
merso a the Privy i• ? He thought it VW
still Err desirable that this ahead now be done, as reel
wee steed to he a allaraa• of opinion between the law Sr
aem of the crows ea the eabjes. If such a diflarenoe r-
ioted the gevermene right to be folly miser
Behan they trade a deka on the goverameat
of Naples,withal! ore made to be
weir. Then surf he se more proper tribunal thrtaaVlsit
del Committee, which cerrier civilians and erases law
lawyers by the sot 3 Gad 4 Wm. IV., c. 41, her 1"
wee hay earreird to Mar such equation to them. re
AM not wish te rim the goverment on the subject at this
rem* but aa.ly to throw out the euggestion to theta.
The Eeel of MALMEBBURY was glad the noble bed
het ietrodused the @abject, se it would give him an eip-
=ll47d esplerip irii:she government had so long
wiseseralag the of the law officers on this
very isegatetrisa, they had promised to obtain
an Hee Majesty's government, after the
meet= wasiderethe and discussion with the law Akers,
led vast. the candesian that, the question might be di-
vided Ye two pert.: the Ant, whkh he might cell the
Ilegthe queliaa tared to the detention, sufferings, sad
imarisemest of the two English engineers who happened to
be at brad the Cagliari. Oa that question the law °Mem
were mime in their opinion that the isopesonment sad
detadha wee illegal, sad that the government might de-
mand term God ocalenastica for them. In eortmnce of
that &aka la led mead • despatch to Signor Carafe,
r awe wee see Metal dipislils representative at Naples,
seal rams sad cemplasedoe. With mord to
.41:= quake, whether the terglate a the Qatari wee
ast, wads the in few hears he W reesived the
tithe law alicere. Tin of hum wen of =
&7'.61 menu wee isgal •, the Wed hull it wee
Ghia With word, therefera le the geodes a the
ispkty of the arum four a the law alms °Galahad
by the Ire and primal goverment declared that the septum
wee foga ; one con@ulted by the preset govermeit cis
aired it to be illegal, so that Or were km to me es the
Under rt these ammeters' Orr Mahar mild re
im poseible to tate Snag uteasarsa tives it stron
asseens awe stades any eirowastmadainkh. Ne doubt
Uwe wee ashen feeling of sympathy beams this cuattry
sad thwilleds ; but when he ceewleee cdos le Ildt be ought
est le forget that he was responsible toe &dog what was
inlay right. He could not say what would sew be done,
mane had an opportunity of looking into the report of the
law oaten. He felt much obliged to the noble lord for
making the suggestion so to the Privy Council, and the
gormand would consider it. He should also state that the
two law cram of the present government who considered
the term of the Cagliari to be legal had declared the con-
densers and conlastion of the ship would not be legal.
He wee sot aware whether the ship had yet been condemned •
If else bed, the 'awaken thought such condemnation Mari;
H• woes aware that the vessel was still detained.
WENSLEYDALE again urged that, rider inch
eircumtanoin it was still more important that the should
be Mersa to the Judicial Committee.

lied
ob I:MANVILLE asked whether there would be any
to lay on the table the papers referred to ?to
MALMESBURY could not do 6o io the
missal Mate of the negotiations.

SALE OF POISONS.
Lard CAMPHILLE did not think it advimble to protract
the diecussion at that momwt, He begged to remind the
noble earl at the head of the government of hie promise to
give en answer on a subject of domestle intareet, as to the
prohibition of the sale of poisons.
The Earl of DERBY stated the Home Secretary intended
to put himself in commaskation with the Pharmaceutical
Sodety,and if he maw his way to doing so, be would introduce
a bill.

greet a stook cm the waked bet of the Doke of Wellington's
states f (Greet leughter.)
Lard J. MANNERS odd the late government lad left
Ike resew one no such legacy as a paper dial on the marble
arch. (Laughter.) But, whoa be wooded to Mike he food
that certain inhabitants of the neighbourhood were shunted
at the appearance presented Icy the maperstructure of one of
the lodges sad the object of Oadm the clock upon the mob,
supposing it to be dose, would
ids
to secure ni.Wmity. He
was in no way wadded to the idea, and it waa fur the public
to form their own opinion. With respect to the last qua-
tion of the noble lord, he had only to my that the govern.
meet would offtsinly be no parties to the placing a clock on
the hat of the late Duke of Wellington. (Laughter.)
The report of the committee of supply wee then brought
up.

THB BUDGET.

The beam levheir resched itself into a committee of ways
and mama; Kr. Trrzawr to the chair,

The CHANCELLOR of the EXCiIIiQIIER mode his
Amadei MeMensat. Hs began by adverting to the
great elmeges white had taken place in the common.
del otedielon of the country since the financial BMW-
meat of his peseseumor—ohangem which had clouded
and disturbed the prospects Indulged in in 1867. The
iteemima panic, he observed, had acted in •
ideesirees manner upon our own commercial condition, and
lower& the sad of the year • monetary crime, in which the
sift of dimwit numbed 10 per teat., had produced town
Metter, and premed heavily upon the revenue of the cam-
try. After resew returns of the British trade and
navigation Is 1165, 1666, and 1857, and con-
paint awn with the Maras for 1863, the year been the
war, he mowed to ecedder our tinandal condition—tie
charges upon the revenue sad the means at our command to
meet them. There had been, he said, • oonddershie
reeteratime of commercial confidence; capital was
abundant, money was cheep, and the prime of the
main articles of consumption were tower; but it
wee his conviction that, although the general con-
dition of the country was at the present moment sound, and
although there were indications of improvement, he could
not indulge the belief that there would be • rapid return of
the spirit of enterprise. After stating the amounts at
which the *event items of expenditure had been esti-
mated for the last year by the late Chancellor of
the Exchequer, and their actual amount, he detailed
the estimated expenditure for the year 1868-69, "tr. :
Funded and unfunded debt, 28,400,0001.; civil list, &c.,
1,900,0001.; army, 11,760,0001.; navy, 9,860,0001.; mix
censasons civil servicat, 7,900,0001.; revenue depart-
ment, 4,700,0001.; IleMlitue, 3,600,0001,;-67,110,0001.
The resoarces to meet these charges he estimated as follows :
—Customs, 23,400,0011.; excise, 18,100,0001.; stamps,
7,660,0001.; land and amend tame, 3,200,0001. ; propeety
end images tax, 8,100,0001.; post-oftice, 3,200,0001.;
mown lend', 270,0001.; miscellaneous, 1,300,0001., total
0,120,0001. The expenditure being 67,110,0001., and
the estimated revenue only 63,120,0001., there would be
a deficit of 3,990,000/. " I do not know" added the right
honourable gentleman " what may have bees the expert-
tenons of the committee on this point, although I know well,
and from many quarters, what was the expectation of the
country • but ',bah,' the committee think the numbers I
have stated an overwhelming or only • met dead;
it is nu doubt • result that should make us panes,
and deeply consider the mode in which we shall
encounter it. (Hear, hear,) But before I enter into
that consideration I may be permitted to make one
observation on the deficit, and one which ought to be con-
solatory to the country. It is • deficit which, however vast,
is not occasioned by any falling off in the national resources
sir, I do not know how I can place that more
clearly fore the Luse than by assuming for a moment that
the tame resources were at my command-1 will not say as
those of my predecessor, became ho had extraordinary re-
warms, but the same resources as if the taxes which prevailed
last year were in existence during the present. I would suppose
that no reduction took place in consequence of the alteration of
the income tax from seven poem to fire pence; in which
case our revenue would be one million more than it is at pre-
sent. (Interruption from the opposition, followed by loud
cries of " Order.") The consequence of that would be •
reduction of the deficiency to 3,000,0001. Then we moat take
the charge which we have incurred in order to pay off debt,
and which amounts to 3,600,0001., and it 'follows that were It
not for this engagement, we reould, instead of • deficit, have
• surplus of 6410,0001. (Loud cheats.) Now, in dealing with
this very swims subject it Is still • consolation
to us to know that this is • deficit which has not
been created—notwithstanding the sharp fortunes which this
country has experienced during the year which has elapsed—
has not been occasioned by any diminution in the resources of
the country. (Hear, hear.) I propose to consider this de-
' ficit under two heeds—gut, the amount of deficit which is
occasioned by our undertaking to pay debt • and in the se-
oond place, I will consider the amount which is occasioned
by the cessation of taxes, that being, in my opinion, the
simplest and most intelligible manner of treating the subject.
First, then, with regard to the 3,500,0001. which is occa-
sioned by our enpgement to pay debt, the first branch of which
I shall bring under the notice of the committee is the war
sinking fund, the amount of which is one-and-a-half mil-
lion. The committee is perfectly aware that, irrespective of
the war sinking fond, there is • general sinking fund In
o fund
tatraPrioenv&iledTnisym6artUnTwiiir traattoer:lflostittriar fixed
sum, without any reference to the state of the remota, to the
payment of the debt. In the very heat of the great war the
House of Commons passed areeolut ion ordaining that ever, year
five millions, without fail, should be applied to the redemption of
the debt. That system, with (more or less variation in the
annual amount, prevailed until the year 1829, when it utterly
broke down, as being utterly fallacious both in principle and
wadies. In 1829, a committee was appointed to consider
tbe whole question, and having examined it with great
acumen and in all its bearings, it recommended the only
sound principle on which a sinking fund could be established
—namely, the tippling ion of the surplus revenue of the country
only to that purpose. But, air, in the course of the late war,
tome loans having been incurred, the house thought
fit to recur to the old principle on which sinking funds were
established—namely, that of allotting a fixed sum without
reference to the state of the revenue to the liquidation of the
debt, and while they recurred to the old system, they, with—
I think—serene inconsistency, did not think of superseding
the new one of 1829 which had been founded on a totally
different principle. When the pleasure was brought ferward
it did not pass without discussion in the house. Objections
wen made to the proposal by persona of very high autho-
rity, there was a debate of some duration and a division,
and It did not appear that the government was very mach
enamoured of its own propose!. But the house thought fit,
mainly influenced by the opinion of one who on that subject,
if not on all subjeete, is a high authority—l mean my hon.
friend the member for Huntingdon—to agree to the revival of
the old principle. But my hon. friend, when he recommended
that course, recommended it for special reaseets. He said,
" We are now at war, but we shall soon he fa • state of
perfect peace, and not until we me In • time of perfect peace
would I have this sinking hind come into operation."
Whether we are now in • time of perfect paws I mount here
discuss, lest I should introduce angry alienate into the
discussion, which should be calm and temperate. If I were
to ask my noble friend the secretary for Foreign Affairs, he
might be of the same opinion as the noble lord the member
for Tiverton, and diplomatically assure me that we were not
at war with China. (Laughter.) But I am not • diplo-
matist—l have charge of the finances of the country. I look
to the nosey estimates ; and, looking at them, I cannot help
thinking that although we may be at peace with China, that
peace has • most warlike influence on the expenditure of
this country. (Laughter.) I therefore think I am justified
in supposing that my hoe. friend would never have advocated
the restoration of the sinking fond had he contemplated
that It should be brought into operation at • time, whether of
peace or war, when we were fitting out armaments and send-
ing great naval forces to the Chinese waters. (Hoer, hear.)
But besides the sinking fund of 1829, besides the war slaking
fund which comes this year into complete operation, we hays
also to pay two millions fur exchequer bonds. Now I ask
the house to consider to what state we should plant the
finanoes of the country, with our commerce in a state of de-
pression which renders it incapable of bearing great taxation,
when we have these two sinking funds in
are under engagements for the exchequer ad,
beyond this, actually have allotted • menda ens
to the reduction of the national debt. The amount is small,
but you will find it in the accounts of the year. Let me
show what is the practical result of these artificial attempts to
pay debts when our revenue is in such • state as to have no
surplus. Here is the account of your public income end ex-
penditure. I will not weary the house with details, but hem
while dealing with great amounts en both sides you will fled
a great exams of expenditure over income. Last
year, with a revenue of Piety-eight maces, your
owes, was two and a half millions, but when
I turn to the details of expenditure I fled the sums
allotted to the sinking fund, to exchequer bonds, and to the
liquidation of the public debt, to amount to two and a quarter
oulliocia, leaving only a quarter of a million of Settle! MOM
in expenditure. What follows? That you have certainly
paid off debt, but not out of your revenue ; you must have
paid It out of the Winne in the Exchequer, and have thus
followed a system which the house will admit ought not to be
continued. (Hear, hear.) The house must consider the con-
sequence of bringing past and present hardens simultaneously
to act on the revenues of the country, the consequence mast
be to have war taxation in time of penes • and if you have
this war taxation in time of pesos it mast have • most detri-
mental Influence on that commardal prosperity upon which
you so mainly depend. I must, therideri, ask the banes to
=eider whether the time has not ttreneess,, not semiy with re-
ference to this year, but to soassdiag years, end with
reference to those results regarding taxation which IN wile—
which we are almost pledged—to scoompffsb, esnially is ter

coasider this polity of maintaining an artblefel
fastl,—a principle which I think totally falleciousialZ
ortaisous, and its applicatica • great and serious mistake.
Berra* independently of maintaining two sinking hinds on
contrary principles, indepeadeally of the role that the old
linking fund was on a sound principle, admitting that the
war fund was right In principle, still it was wrong ia ■
anion ; newel' never should have been brought Into
tetras natal we had paid off the Exchequer hoods. This
triple Mica of paying off the debt can only end in increased
Mattes, in ham which would be absurd for such
ea otfeet, or in financial embalmment which all
of us met desire sincerely to avoid. (Hear, hear.)
I ask this the house calmly to consider the question. You
have a deficit of whiok dust and a quarter millions are
crested by engagements to pay off debts You have no sur-
f:, you have ao lams of meeting these engagements, and
then do you mesa to proceed? you have a loan
it, the prupess—wM yen have • lose to pay off debts, part
ol those engagements consisting of your artificial sinking
htad ? Could there be • greater blunder on the part
of an Individual who was seeking to set his accounts
in ceder then aegodating a loan to meet engagements
of this kind ? Is it not the last ruse of • man in diffionttles to
rsim mow to pay debts, and thus to get into deeper diffi-
culties? I semi hoagies that this home will auction •
Medirto rein loans to meet monomials to pay debts.
the house prepared, by taxation, to meet these en-
pennstts ? It is very difficult to say how you could, just
now, mire Ores and • half millions by way of taxation.
= der ) It is rather • peptizing question. (Con-
.) But suppose you were resolved to do
it, it woVnot get you out el the difficulty. If you
were to sties three end a-halt millions to meet your engage-
ments, you would NW have • &AM of 600,000/ and you
. D ark* poetise Ise that and also for some
labill% Is
sheet, b rats • ereatfrar millions or more.
I think that oadw dam etramestences, the time has come,
sot merely with referents to the Downtime of the moment,
but also to pit our finances in order for the &lure, for some
determination respecting this war M fund, end I would
humbly reocemaind to the home to termhate the fund either
by repealing the act, or by, at lent, suspending its operation
until the Exchequer bonds have been provided for.
I feel certain that it will be impossible to meet the
ment which now exists by law, but which distinguished
authorities have objected to from time to time, and which the
labours of • committee of this hone in devising • general
sinking fund act have mainly suppressed ; and which, more-
over, while it is not necessary to maintain the credit, la cal-
coined to embarrass the finanoes, of the country. (Classes.)
Therefore, sir, I shall recommend, so far ea this 1,600,00 W. a
year is concerned, • coarse which shall prevent it' embarrass-
g the finances of the country for the nature. (Hear, lam.)
We have now to deal with the two millions and • half of
debt. 1 must say that I view the engagements which we have
entered into in tehrince to these Exchequer bonds in a very
different light sad spirit from our engagement in regard to the
war sinking fund. 1 have been told that there is the easiest
possible way of meting this difficulty—namely, to fund the
Exchequer bos&. But, if I did so, I should feel that I was
teldng a course that was unjustifiable, unless the country
happened to be In that position of difficulty which rendered
aneseary a departure from all recognised principles of
finem. At the present time and under existing CiFCIII:9-
Mom such • came would be in total contradiction to the
=Mittens which the government and parliament entered
into when they agreed to issue them terminable securities—
(hear, beer)—end it would, oonseqmently, be to me • source
of peat settelanion to meet, and to meet to the hour, those
ta (Hear.) Them is, however, much to be con-
sidered we arrive at that conclusion. The house, of
ovum, would not think oftrying the alternative of a loan to
get over the difficulty. (Hear.) I am right I apprehend in sup-
posing that to be the feelingtof both sides of the house, and
that, therefore, is not the course I propose to adopt. (Hear.)
8411, to these Exchequer bonds the same difficulty applies as
to the war sinking fund. If they are to be met by a new
tax it must be an excessive tax to produce two millions end a
half, and when you have produced it, where are you ? Now,
sir, If you cannot meet them immediately, the house, I think,
should agree to this—that the spirit of those engagements
should be fulfilled—(cheers)—and that they shoild be re-
garded as engagements which we an resolved to most out of
the revenue of the country, and that we should guard as
tench as possible from their ever becoming • permasat ad-
dition to tics public debt. Seeing that the
as cienezlhafri
awaits me wan if thews are provided for—anxiousl
be et me to provide for them—l feel it my duty, in ceder to
Om the Omani of the country, not merely for this year,
but fee future years, in that pomace in which I think it is for
the publicadvantagethat they should stand—l feel it my duty
to recommend to the house to postpone for • period the pay-
ment of these Excheqaer bonds—(cheers and • laugh)—but
to cement to arrangemsuta which, so far as I can form an
opinion, will secure their being paid out of the "semis of the
country—(hear, hear)—and which will pleas our amoral
finances in each • posilloa that they will foes no obstacle to
the carrying eat of elms artempestestst which I think ought
for the interval of the oeuntey to be adopted--(hear)—but the
explanation of which I will postpone until • subsequent part
of my remarka, when I oome to touch more earterly upon
this point. I have considered that part of the deficit occa-
sioned by our engagements to pay off debts, and which forms,
no doubt, reach the more considerable proportion of the
whole. But there remains now • pert of that deficit to be
considered, which, though not so large in proportion, is of a
character that must be dealt with in • severer spirit, benne
we cannot commit ourselves to arrangements which may in
other cases be justifiable or necessary when the deficit is
occasioned—(never mind what may have been the original
cause)—by an absolute falling off in the revenue. An abso-
lute falling off in the revenue must be met by means that
will not only supply the revenue, but also place the general
condition of the revenue in a sound and satishetory
state. (Hear, hear.) This portion of the deficit
has, as the house is aware, been occasioned b the ormation
of • tax. That tax is one of a very memorable character
ma to the exesiderition of which we cannot bring our minds
free from considerations which are other than merely fiscal
and financial; and further, it dote appear to me that upon
the dot Won of the house with respect to this source of deficit
will depend very much the future satisfactory management
of our public finances. Now, sir, the property and income
tax has long end frequently occupied the attention of this
home, and I think I may say that it has never cased to
occupy the thoughts sad to interest the feelings of the coun-
try. (Hear.) It is • tax the importance of which is not to
be measured by its financial character. Those who pay it do
not consider merely the sum they contribute to the Exche-
quer, but the mode in which it is messed, the manner in
which it is levied. From the first moment it occupied the con-
sidnation of parliament down to the present time, it has
been felt that great social and political prindples an bivalved
in its character and in its incidences. (Hoer, Mr.) It is
not necessary for me to remind the house of the manner in
which this tax bas been habitually described in parliament.
The strong epithets which have been used to denote its
elements, and which the greatest statesmen have not hesi-
tated to employ, are generally admitted to be true. That it
is unjust, unequal, and inquisitorial, I believe all of us
have felt and most of us acknowledged. (Hear, hear.)
There are two classes of reasons why the Income tax should
not form • permanent feature in our finances. The first
class I may call domestic,. The wooed, are considerations
which are rather of an external character. The feeling of
the community generally as to the iniquity, the illjllll/ICC,
and the odious characterof this tax has unfortunately been
sanctioned and confirmed by all those statesmen who have felt
the necessity of levying it. They have admitted that It
would he impossible to maintain it for any considerable time,
or to adopt it as a permanent feature of our financial mo-
tets. without great acerbity of feeling being excited In the
public mind, and much angry controversy in regard to its
charade, and tandems. The moment you talk of esta-
blishing it permanently, you have • crowd of angry oontro•
melee springing n on such points as whether there should
not be a differentia between properly and income in its se-
mannent—(bear)—whether, if that difference is not acknow-
ledged, a difference should not at least be ad-
mitted between permanent incomes and precarious incomes—
whether there should not be • difference in the rate of assess-
ment upon the income derived from trade, and that which Is
derived from professions—whether a poor man should or
should not be exempted from the tax altogether, and what •
poor man is—(laughter)—what is to be regarded as in-
come, and what as wages—who should be exempted and
where the line of exemption should be diem, ath wh'etber
it should not go so far as to exclude all but those that NV
called rich. The are some of the topics of tzestroverey
which always arias when the income tax becomes the sub-
ject of diecutron—these are some of the objections which
are brought forward egainst it. True, they have not pre- '
Tailed; and why not? Because in 1863, after considerable
agitation, after • committee had sat far two years on the
subject, and all sorts of plane, devices, and expedients had
been considered for placing the tax on a more satisfactory
footinsbaneminent member of th ie hone brought forward sweat
financial scheme, in which, acknowledging the impossibility
of reconstructing the tax on principles of Pieties, on priaci-
plea which would satisfy the fair demands and expectations
of society, he brought forward a plan which secured its gra-
dual diminution and final extinction at the and of • certain
number of years. (Loud cheers.) And, sir, as to that plan
ao brought forward with consummate ability, and supported
In the house by en overwhelming majority, there was no
doubt • oeavfiioa througlaciattilepüblic mind that fa its
span the es it e would be carried Into
abet, and that financial icy then brought forward
wee use which the parlbuneet of this country had acknow-
ledged, embraced, and sanctioned. (Cheers.) Ido not want
to overstate the case—it is not my interest nor is it my incli-
nation to do so. I will not say that there was any compete
entered into between the parliament and the people on the
subject that was to be i t of all circum-
stances and of all .vents-that Abe an idle
and untenable positioa to ammo t, str, then
=.Bc:Mlle:4 was an STRIIIIIPMent cordially made
rdbaly understood, which the country
would be fulfilled, were there not the la of
extraordinary circumstances to render it implinfbis. When
these circametances did occur, when the mmt unload
emergency arse which prevented the carrying ast af that
lifTennelnenthe
isuoi,owfvithahuset
pddnithed thapbosintrye peollewwdohrwitobithsespritedialowwwwwed.
when
westhest