The Express.
London, England, 1850-04-15 00:00:00

Vie erpre*S.

OUTGOING NAIUS.

The Wen India id;dre,-eieradirag-Bermada, Hawasab,
liana. lio,deras, New Orissa', awl Id. .ad faeboding
swipe kw Madeira, Bt. Baas-de-Nieersinw, Now Granada,
IMM wed Pam will be awdeup ea April 17.
Toi hr ape* awl WIWIIIMIC will be made
eea hpril 17.
The ash kr, Ofbralier, Malta, Green, the Inaba bhads,
Mink Copies. lad* end China, eh fleathampina, will
he node up ea the manias of Awe M.
The mans lamellas, to the Mediterranean, Bap;
Orylea, leas, HertaMeng, to., will be made up ea
the midst et April 24.
The mane hor Mader* the Brazils, sad Basses Apra, will
he wads up ea the 4th of May.

MOIR WILT= AT LOMBOK 1111113111 L
fele zw,t—ismire. ir.• iks. &Raw. 4%. is.
Irwamarir—illoniag, 4a. 5hi5.......... Alliiiiiii. ii.iin•

LONDON, MONDAY, .APRIL 15.

Tna Camicm.Loa of the Facwacirmi has soe-
euiebed. Oa Thursday eight be was quite rampant
about the stamp duties. He had received, be said,
"600 letters of remonstrance sad 480 of thea were

founded span n;isooseepticars."bn Friday night his
tone had altogether He had introduced, he
said, an amended stamp bill. "It had been the re-
salt orrery general commanication and nine-tenths of
the objections to the measure would be remedied."
So then, there were objectives to the measure ? It
was only last week that Mr. HATTER and the CIIMS-
CILLOR both assured the house that there was
of the sort' But it stems that this idea was
on " a misconception " like the 480 letters addressed
to Sir CHARLES WOOD. The new bill introdued
Sir CHARLES WOOD and Mr. HATTER is a volu= of
contradiction to Mr. HATTER and Sir CHARLES
Worm. Widely does it differ from the measure of
which those respectable statesmen induced the house
to express approval on the second reading. The
CHANCELLOR of the EXCHEQUER is determined that
it shall maintain its character as a measure of false
preemies. Under the false pretence of introducing
ameadments pro forma, the government have pre-
seated parliament with an amended bill in which
they have almost wholly abandoned the insidious at-
tempt to introduce new dams of taxation.
The Hew bill was only printed on Friday afternoon.
It is to be forced upon the House of Commons fee dis
comics this evening. It is important therefor* that
we should lose no time in explaining what sr* tbe
deviations now proposed from the measure approved
by resolution, sad confirmed at the instance of the
government on second reading. The public will see
that these deviations are exceedingly important.
The first concession of the CHANCELLOR is to the
banking sod mercantile body. Oa the 2nd of April
the Express called agouties to the important fact
that under the new Stamp Duties Bill all writings
secompauyieg deposit of deeds, &e., with bankers, by
way of security, must, if that bill became law,
be inspriesed with a stamp in order to be
valid. A night or two ago, the CHANCELLOR of the
Exactor:an declared that he had received 600 let-
ters upon the subject, and that 480 of them were
founded on "an entire rob coaceptioe." But the I
banking c;tamunity were not to be 'saki. Thar sr
ambled on Thursday ival appointed a general meet-
ing fur Monday (this day), in order to protest against
this new taxation. Sir CHARLES WOOD saw that
there would be no " misconception" there. He ac-
cordingly anticipated the bankers' convocation. His
new bill abandons We objectionable clause. The
words affecting bankers are struck ont. In order to
'hew what he contemplated, and what we have re-
dueled him to, we print the orginal clause of the first
bill, and the amended clause of the second bill in
juxtap -sition, marking by italic characters the words
abandoned.

ORIGINAL CLAVAR. AIIICNDRD CLAIMS.
Ales any agreemeat, era- Alm say agreameat, con-
tract, boas, or other seri iny tract, or bead, acemenpaniesi
wastsoerer, accompanied with a depeait of any title
with a doodah of dtle deed or deed or title deeds for making
title daltrai or sow other in. a mortgage, wadeet, or any
themenet or India, rotating such other security or canna)-
to WIN property, soarer, or awe as aforesaid, of any land.
Misty, tos makings mortgage. estate, or pronerty, comprised
wades*, or any each other ie. in ouch title deeds, or to
curtly or eineeyance as afore- pledging or charging the
said, et any loads, estate, or mate as a security.
property, eseaprised in such
tato deed co deeds, instru-
ment or at.rigag, or Icr p!ettg-
ing or ehaeginc s .ch
deed, asstrwaitht, or teretoiss,
Mods, estate, or property,
matter, or Mina, in laic or
equity, as asecurity, or eeke re-
by any /*eh deed, nestrument,
or writing, loads, estate,ro-
petty, matter, or thing, s4aU
dew,,!. or .4(11 be of becomes

anrced or ejected as a stew
ra,, in law or ovary.
It will be seen that all the words affecting bankers
in the original clause are cow omitted. Sa also in
the &Wale a Conveyances," the new words which
imposed a duty upon the conveyance of " any other
matter, and thing whatsoever, or of whatever nature"
besides landed property, are omitted from the new
bill; a sacrifice to the press and to public opinion
which must have wrung the CHANCELLOR of the
EXCHEQUER'S heart, but upon which we think we
are enti.led greatly to congratulate ourselves and the
commercial public generally.
The second important alteration in the bill is a
concession to the landed interest. It will be recol-
lec'ed that under the head " Settlement" the CHAN-
CELLOR of the EXCHEQUER proposed a new item of
taxation, in the shape of an ad valorem stamp upon
all portions, to be provided for the benefit of younger
children, born or unborn. The Express con-
demned this clause as a most unjust and wicaed at-
tempt to introduce a new and oppressive tax. From
the bill as reprinted the clause is entirely omitted!
And yet on the very night before the omission, all
the communications Sir CHARLES WOOD had re-
c'ived upon the subject were " founded on entire mis-
conception !"
There was a new clause, it will be 'recollected,
wllich provided that any deed stamped after execu-
tion should only take effect from the day on which it
was so stamped. The Express pointed out that
this clause would have the effect of preventing the
recovery of any,unts which might be due upon many
descriptions of mortgage deeds and other documents.
The CHANCELLOR of the EXCHEQUER received 500
communications on the subject of this bill, and con-
demned 4130 of them as worthless. He has, however,
entirely sacrificed this clause, and in the amended bill
it is nowhere to be found !

--
The conveyancers have also • concession made to
them. By the 6th clause of the original bill they
were made personally accountable to the Exchequer
for all stamp duties unpaid upon deeds which they
might draw or have caused to be drawn. By the
amended bill they are mil; to be responsible in the
event of their having " received the money and mia-
!pprnpriated the same." The CHANCELLOR of the
ExcnECIUZI evidentlyhas no very favourable opinion
e the conveyancers. But u they have secured ex-
emption from the original liability, that may be of
comparatively little consequence.
There are some other alterations in the amended
bill, but they are not sufficiently important to be
noticed here. The lease question the CHANCELLOR
of the EXCHEQUER has not touched. Under the new
law every one who takes a building we repairing lease
will undoubtedly have to pay an ad valorem 'tamp
duty, not only proportioned to the amount of his
rent, but proportioned to the implied con-
sideration to lay out a certain sum of
money in buildings or repairs. We believe this
clause is retained as it stands, mainly because those
interested have in to way concerned themselves to
get it altered. Whilst the brokers and others have
been alive to the way in which their interests have
been affected by Sir Citaatate Woon's bill, the
balder., and those who represent them have, so far
as we know, ben quiesc,mt. Well, one consolation
is, that we have dine all in our power to relieve
them from the liability. But heaven helps those who
help t riernselves.
Such being the alterations in the details of the bill,
there n-mains to be considered the principle upon
which this EOPISIIINI has been based. We have said
througheu., that for our own parts we regard the
prineque of an ad valorem stamp duty as an use.
ceptiorable principle. The amount of that duty, the
point at which it should commence, is another ques-
tion. 'lli-se are mints to which the attention of the
house shoold be directed. There is also another most
Important ennsirteration. It must always bn borne in
mind that Sir CHARLER WOOD professed to give the
country tilemeasure aa a measure of relief. We have

—.-
ahead/ &Tiro meet co.npletelj that it will be nothing
•of the wt. Upon bowls, mortgages, and Bettie-
', alma; q Oti 1,0004 there will be a small—ten

2~t"'
. R.s