The Sun.
London, England, 1855-04-21 00:00:00

ill..

TILE BUDGET.

thTli4,ll: following -___.,_______
is the official form of the resolutions in
Will b the new changes to he made in our financial SPWili
e snbruitted to the house-
(ll. Tk,„ THE NEW LOAN.
Aty, th "", toga THE
raising the supply granted to her Ma-
. ', earo 016,0)0,00X be raised by annuities.lo
id',
tChat every contributor to the said sumof 16. ,0 ,000 f.
it. . 'very 100/. contributed and paid, be entitled to the
tkllial I
541 t to um of 100/, in annuities, after the rate of 3 per
t,b'o. eoninience from the sth day of January, 1855, and
Oks,Ved to and made one joint stock with the existi.9g
imtra ated Three per Cent. Annuities, and to be payable
ki .11 nsforable at the Barkof England at the same times
the ,th sanle manner, and subject to the like redemption
""3.',1; consolidated Three ner Cent. Annuities.
R , at every such contnt;utor shall also be entitled, for
11,:74001. contributed and paid, to a further annuityt_ of
'lllitof'lf,ar,3o Years, to be payable and transferable at the
ti,e`',°,,g,land and to be payable on the sth day Aprilefal half-
,‘„?taesday of October in each year, by
on the 10th
of'on ts, the first payment to be made
rprn, October 1855, and the last payment on the sth day
41o' That the said several annuities so to be payable as
.
hlatedl, shall be charged upon and paid out of the Consod
Ittla„ "nd of the United Kingdom of Great Britain and
d
••
i;'4s. That every contributor shall, on the 24th day of April,bor
itisittnallake a deposit of 10/• per cent, on such sums. as e
0.
14000 choose to of
towards raising the said sum t
tsdp' °Ot. with the chief cashier or cashiers of the Governor..
ill tiinll4ny of the Rink of England, as a security for mak
ill
payments on or before the days or times
at ere payments (that is to say) :
"or 10/, per cent. on or before the 22d of May, 1!!5..5....
10i •
11th of June, 1N
" 10/ ~
19th of July, 1855.
" 10/. fl/
21st' of Aug-, 1855._.
° 111/. 3,
18th of Sept., 185
10i. PS
16th of Oct., 1855.
5.
10/, ~
20th of Nov., 1115
Tlet:tii v. 10e, J,
%i. ue Moneys so to be received by the or
sth
saofidDeeca.s,bileBrsso._
tngiee'4,l4 the said Governor and Comany of the Bank f
11%°, shall i,
y •-• paid intothe account of the receipt of her
IN ti ' tt chequer at the Bankof England, to be applied.
'hi k„,415 t° time to such services for Great Britain
!roe
of
1,1141! then have been voted by this house in this ands
and. Irees.
nkee,,t
o'pareent, or to the redemption of the principal
d der
'eklithe 4Y Exchequer-bills issued or to be
issuethe
bithm, rity of the act of 57 G 111 cap* 48, or under.
klial,„i` of anY act of the present"session of Parlia.ment,
l'sli f"bg the ap i. ti
on or the
__. ? ication of moneys out of the consolidated
1,4 tee 1855 service of the year ended on the 31st day of
tl. , and of the year ending on the 31st day G. T
time q hat for the p of March,
IN to a snip of h° of
Three
eeextineerticoenuft7Amntnimuitie.etso,
"4,Niqthil? a'4ollllt to% Consolidated
r thePsaid joint-stock as
11 of ti:llere shall be issueed addedand topaid out of the consolidated
the nt• the 4ited Kingdom of Grat Britain and lieland,o
oeli'dnete.l°, Wlng produce thereof to the Commissioners for
12'111Setteiti'°4 of the National Debt, in the financial year,
v; taesni ''n the Ist dl of April, which shall first happen,
nvo'thtbsolliiii,tafttitb,_e reatialon of adefinitive treaty of peaceo.
Aral' ted Tbr_o_i very subsequent.yea.r until such sum I el; 1,000,00,!? Per Cen:-,. Annuities is.extinguishod, the.
Thy
Ruch ,11 ''`),., Provided that in case in the last_y_eazurin.
111'116the „"' would be payable the sum necessarY mi
lliti'„, Der e,eoill,ailthig portion of the said sum of Consolidatedtenso
k 'saly ". Anluities be less than 1,000,00111;,
all 1), . of stieb
ose
~ Isaned 'am as may be necessarY
utrPo be
114t,„.414 pa.,,
,a4(l paid as aforesaid, and the sums
for thatspo
~, 'IN b blq to the Commissioners for the reduction of the
t 4'14 ° t shall he •
in the purchass 0.,
ttt,i 1.'44 ,rh applied by them .
di-
tLl. 1 the _Yee Per Cent. Annuities, in the manner
4kiti:°', of j7:,!_fer the reduction of thebnareetiopnal debt, un-
er Cent. An-
7.
,_as nee„
uzlit.o , 0 00. i. dousolidatedT
iii•t filat, inguished and cancelled.
tkii,, het,e
eh.,,ards raising the supply granted to her ma-
ollected, and
kri de, the '4l be charged, raised, levied,
44 ssclite, goods and commodities heremafte er. meeyntsipoeneeid.
asci ,et 'ft, the several duties of excise respectiv 1
lthat is to say :
TFIE NEW TAXES.
4,1,1'4 rot,and spett ' ' SPIRITS.
h of
k. 84,
1, every gallon of spirits
littii 114111 I:°°f ',ditch, on or after the 20th April,dayefrespea..
of the strength
ttel, orte b 0 (Istilled in Scotland and Irelandf
any
dis-
-11,44,0rect
thet stock, Custody, or possession °in
tie,}Zlrelarti cpounder of or dealer in spirits
or for his
4611 "at, °I. of any person in trust for him
distilled in
Scot-
ia i, klt'T account, or which, having been •
,areho„,a4d, or Ireland, shall, on or after the sacloud:y(4
11411;N kire in Scotland or Ireland, and be taken
d for removal
t kliteli ion in Scotland ornllraenland or which,
10toiiNi:t , eiareolanntdof N.varehouse inafEterg
the
44(that j,7eotiarld t 1 1
say , oirlraeillaloßll, tuhre additional duty foollfo_
s.
said day
wbe.
I"ti'd in i", ,): in Scotland the additional
_dsuotyin
F.Ol -
fiNto'l for
h'''alld the additional duty of 25., and
S"
,'''),• le .3' Veater less degree of strength, or any
Y, :rhatti4ll'r'titr.
her fMt
ha;
st,-0411,1 '4',arparsing the supply granted. to toris Ilkiiisz',,er t day of April, 1855, 1
in
or acts in
blani.Pirit,ties now chargeable under any act.„sb spirits
ChßAl(l,,,,,'etlire4 cif the nature or quality of plain Btu' Jersey,
ta;'7, Or distilled in the islands of Gue_rnse' any of
‘lli, I,44llaedsiallt respectively, end imported from
(that is to say) '
spirits
+'P tl'e fell4‘°[icotland or Ireland,thereshall be charged. of then" and , °lviag countervailing duties .
ned
the atre 'Pen e
iast-mentio
,ellll, up„
.., ver3, gallon of such
lost-
'NC "IN "' nYdrometer proof imported
of such ,
legs-he °lled 1,,: : allcl forand every gallon into Ireland
,pi of elrita of . upon
.imported
greater or
..._d into Scotland
, ,eg, 7s 2d the like strengtn.for any f such
DN Oe of et • , and. SO in proportion
i ' 7Dort,i'?ngth, or any greater or leis
spectively. -
j„hat .tr lato ScotlAnd and Ireland
r.ented to her Ma
111414' tielki '''als raising thesupply quantity o
gl
a •sie now payable
11,4,4'411qt the
emu-
kril4' ,Dre or acts in ice n the several .
resp' e duties of exe2.
mixtures,
ed and de-
tb, i„, krat;_ , u
commodities mention
removal of
4 %..t`' tlit ;u4s, and
the
shall
1,41 IN, 7,kbz'ot'.aestil: hereto
hereinaftersneezed, mentioned, the!•e
ssve-
diti ,Illiztt/tNiveolleCted paid upon the
saidlibal'O:ldeli '', 'eniPounds' and
reparations, and
.‘
1855,
Aeve,, after th P 20th day of April, 1 the
,ert4' iii,Y,e(l froth I el n et
England or Scotian( ,
in-
lo
eserir°l,_' npineY arn-da ddutioe-sof excise respectively
.e
016 "'") and set forth in the said schedule
Ali - That + STAMP DUTIES.
~ 7, idi ~ -oward ' '
to her
No . erang„,, %raismg the supply granted
ebY to tile 1,,,e°! orders for the payment of a•-• 7 upon
411,1,4tik1., or iiy" IletaaM, which being
d'aawnbanker,
Ma-
li 's'lmg or trAn D'i.°4 or pers s acting as 'thin
Nrse(les of the '
plasaceting the 13114eusa '
bankei• wi
are
itil he now eseinpet ;cv.here such draughts or
orderschargeable
e stamp duty of 11°41 tamp duty, shall be.
order.
„ i
d. for every such draught or j4ty.L Tat, tew„d" ANcox-E-TAx.
her Ma-
tilt ttithere shall b;
is_ raising th„upply granted
and aft2r
e„llartem(),Y of April c;larSed arid raised early from
duties
' 405 inaddition to the rates and
sie4t,
,e under the ,
f Parlia-
tsia, 'nal). 24 e act passed in the last session 0
and
ie,,, charg,,„, ~ for and in respect of all property, profits the
ol 'lne.ta_.`4!)le inider the ev I • f rce relating to
of
, 1)q),13i,,x either ,_ era acts in o
contract
Iqr 0, ,lon or
0„ 17
.assessment or under any
duty of 2d
pe,,ty 43. 2os
~ecrwise, the additional rate andro-
' Profits', Of the annual value or amount of all such P
i I'lz. ~, gmAiliesliectively. s
4,etitioenat there shall b LLOWANCE .
paid, for or
orkiii4 Of the sey
and
e Made, allowed, . .
t hereinafter
e, 0, _
en . eral goods and commodi ies
14 tcnse
,tioned, the several allowances and drawbacks
(that
S),:l'eetively herei f specified and set forth
na ter
In:" pd
h__onietr 4Pon everY gallon of spirits of the strength. of
blittity,
ornroof, and so in proportion for any greater.otrifil
ed
ea o..glatki
os.al {,Treater or less degree of strength,
dm
hed
litkiil. qter thejrelaild from malt only, which shall be Dias. ~_
~,, 'be 4; 20th da of April 1855, and which. f.ipir,l,_%T.
tilerry 144etinled at theyrate of two' gallons of such spirits '17.,
ka elteaili ,of barley malt, or in Ireland one bushel a
allo,..°Noes'ar„ta of a bushel of malt'made from bere or bigg...
fe„.'ance3 - after the r4e of Is. 4d, per gallon, in lieu of all
"e. grantor;
„i,
-- on such spirits by any act or acts now in
,4", d 'ncj`i. ,_d e d 1 w
and
,1% 1- ,ae a 'an, that if the quantity of malt mashed
after
tttitial,to
„r
oP:eduction of such spirits shall be less than
three-
tio:Yhe
Patti e bet of barley malt, or otie•bushel and ta
for
two Gallo bushel of malt made from bere or big„e,.nc.
the f':)ra taes of proof Spirits charged with duty, a d
afterll
1,144 e of 4 arnolint of such allowance shall be made
eeveY
,vili el pcit.for
b n every bushel of barley malt, and
. alt,
,' - shall lee-tenth parts of a bushel of here or bigg m
te; kg fet, ° so deficient.
England or
thajiti froka„,",nPon such sprints distilled in
°No 'Ave boo-'a't °MY, and on which the allowance afbeore
duly
qor ve4 froo-,' Illade, and which said spirits shall ,
,„2.,,,,„1-1,,, Ncarehouse for exportation, or for usean
and
under
t,-„7,n, IN to the lz exported or shipped as store
in
such re-
hilo" there shall 173 and regulatieus of customs
above the
Day4.lee afOre,,,,,e granted and paid over and_an._
and
~1 re ° ntioer "1,, and in lieu of the drawback gr teu
the rate of
ship r every 4'3'. fernler act, a drawback after
or '
~ shipped
„, gallon of such spirits actually exported
Ficytyl,4.,ores as aforesaid.
WINES.
for
013. TiZtVAILI
~,, LING DRAWBACK ON MADE
psi.
eoaull'llion ao" :YaWbacli: of excise shall be orallowedtions,
oi
it.
act ot°(tl,lties, ac,o, th, mixtures, compounds,Preg to the
after th" 17th:ilevi bed in the schedule 03-_au
hap.. V which on or
1a,,4d firs' day- .N 1 Victoria, cb--'' 2 ' removed from Eng-
rat e'tland- t°o'...APril, 1855, shall be
me, ; and
'i'e as
thaad niiop treland, except liPon
wines which shall
.11' e re
ved as - verY gallon of all made
allowed and paid
etitervaii,_ of
there shall be
, tiling drawback of Rd, and no more.
jest 14. ~„
y th'lla.t, t 0,.„, , . " TEA.
-
granted to her
sra
o:akin et'oliewhi_;te raising the supplyr.‘
charged on tea
l'4>aliZll4te the tuuty of customs
.sh 1 ue
of the duty now
4 titer__ lilted Kingdom, in lieu
4 pll
4,,, con (that la to sav) •
the sth
a 7 of AN.after the 21 ' " 1855, until
(412,, Dril inel •
end
St day ofApril, after the
the `4ollthe frousive, which shall first happen „
of peace,
sh Posm Ito the date of a definitive treaty
the duty
all be t S. 94' from which last-mentioned daY
f the
kt, ehaplalated in accordance with the provisions 0
, ' of
,the present session of Parliament.
!15 1,4
E AND CHICORY.
d to her
Nest t' toWard ai •g th su ply grante
tild of Y, the folio •8 r duties e p hall be charged on
i
artielet!! the 21ling duties of customs
the undermentioned
dot. aun .ay of April, 1855, on .
the
lieu of
, lea po Ported into the United Kingdom, in _
AaPoatio It Payable this to ) —coffee, for every
rn ' 4cl • d.„ . ereon (that sy ,
nd for every
"d So '. ''tn, kiln dried, roasted or grou ,
appli-
evile led',
ti chicory, or any other vegetable matter
for
ell' Pon:tit:4 chicory or coffee, roasted or ground,
• I.C. 1,
" SUGAR.
jest 16• t, That towards raising the supply granted to her Mt
ollf,:t,er
tb:iee2flellowing duties of customs shall be charged on and
Da tM iti4_daY of April, 1855, on sligar
authdemdeuties now
,elable th
I.:0 United Kingdom, in lieu of
brown
or white,
ri,,atdir stige,,llo(:ha:gi:rt ore say), d Cbayu dy,
any
process equal in
r
',O thereto
1 • white cloyed sugar,.
tio7ylredereci,
by
every cwt., 1
.. ,
hite
qquality to w
'very t'et being ItanY Proceeiss .el nla quality to refined, for
0101'd ewt.' 17a. efinded.' eyielleol:a illuicovado, and br.olw.inn.
'very
it, Tiog"..trz. or sugar rendered by aeny pero,caensds,neor
equal
ali, hoite eta.Y...el_ir
_Muscovado, or brow. n
brown,l d
Muscovado, or
aL,ther 2.' , for every cwt., Ips. , .
w, Muse°.
t ello
sugar not being equal in quality o y .
mo..
1448,°, brown ,
fo cwt. 13s. 9d. ,
for C ayeu sugar r every ,
everY cwt., ts. 4d.
4 q
1 11. " CONFECTIONERY.
''llty ti, That towards raising the supply granted to hern:Nainad-
,!ter tis`le
‘1,21l owing duties of customs shall be charged
undeormen-
tio)lea:'`,:_ 21st day of April, 1855, on the articles
say), .iii lieu of the duties now payable thereon (that is to
marmalade,
l'iliril'i Dr°llftreeti°lleq, comfits, cherries dried, Ina
11 fruits and
‘'.2lstabb,-erv,ll in sugar, succades, including a .
po -, Prese ~ -
t otherwise enumeiated, the
nod, 24d. - rvco.eu sugar, no
'' lg
granted to her
• - That, towards

,i;a11 4elleaule contains _ O. Rpir... _4 in an t* ctures prin•
1124.,

Majesty, the following duties of customs shall be charged on
and after the 20th day of April, 1855, on the articles under-
mentioned, imported into Scotland or Ireland, in lieu of the
duties now payable thereon : Spirits—viz.:—Not being
sweetened or mixed with any article so that the degree of .
strength thereof cannot be ascertained by Sykes's hydro-
meter ; for every gallon of the strength of proof by such hy-
drometer, and so in proportion for any greater or less strength
than the strength of proof, and for any greater or less quan-
tity than a gallon ; -- of and from a British possession in
America or the Island of Mauritius, and rum of aud from any
British possession within the limits of the East India Com-
pany's charter, in regard to which the conditions of the act
of the 4th Victoria, chap. 8, have or shall have been fulfilled.
If imported into Scotland, the gallon, Bs. 2d. ; into Ireland,
the gallon, 6s. 4d.
" Rum, shrub, cordials, and liquors of and from a British
possession in America, or the Island of Mauritius, or a
British possession within the limits of the East India Com-
pany's Charter, qualified as aforesaid, if imported into Scot-
land, the gallon, Bs. 2d, ; into Ireland, the gallon, 6s. 4d.
" BO UNTIES AND DRAWBACKS ON SUGAR.
" 19. That in lieu of the bounties and drawbacks now pay-
able on the exportation of refined sugar, the following draw-
backs
shall be allowed on and after the 19th day of May,
1855, on the exportation or on the removal to the Isle of Man
for consumption there of the several descriptions of refined
sugar hereinafter mentioned (that is to say) :
" Upon refined sugar in loaf, complete or whole, or lumps
duly refined, having been perfectly clarified and thoroughly
dried in the stove, and being of an uniform whiteness through-
out, or sugar candy, for every cwt. 18s 9d.
" Upon such refined sugar already described, if pounded,
crushed, or broken, in a warehouse approved by the Com-
missioners of Customs, such sugar having been there first
inspected by the officers of customs on lumps or loaves, as
if for immediate shipment, and then packed for exportation
in the presence of such officers, and at the expense of the im-
porters, for every cwt. 18s. 9d.
" Upon refined sugar unstoved, pounded, crushed, or
broken, and not in any way inferior to the export standard
sample, No. 1, approved by the Lords of the Treasury, and
which shall not contain more than 5 per cent. moisture over
and above what the same would contain if thoroughly dried
in the stove, for every cwt., 17s. 10d.
" Upon bastard or refined sugar,unstoved, broken in pieces,
or being ground, powdered, or crushed, not in any way in-
ferior to the export standard sample, No. 2, approved by the
Lords of the Treasury, for every cwt. 16. 6d.
" Upon bastard or refined sugar, being inferior in qaality
to the said export standard sample No. 2, for every cwt.
13s. Pd."

SPIRIT OF THE PUBLIC JOURNALS.

THE BUDGET.

(Prom the Times of this day.)
The martial enthusiasm of the country has shown itself in
almost every possible way- -in subscriptions for the orphan
and widow, the sick and wounded, in deposing an unsuccess-
ful Cabinet and establishing a Committee of Inquiry, and this
week is giving to an ally the most splendid reception ever
accorded to a foreign potentate. It is now to receive its last
trial. The British public hag to receive the bill and pay it
" like a gentleman." Certainly it is a trying moment when,
baying spent a week in an hotel described in your " Hand-
book" as " eapital, but expensive," and having enjoyed your-
self so much as to have lost sight of the expenses, you receive
your little account, and see a fabulous sum tolal of francs or
thalers at the foot of the column. In the present instance the
trial is the greater, inasmuch as the success has been inconsider-
able, and the enjoyment very qualified. Nevertheless we must
pay with a good grace, and that all the more, inasmuch as it
is better to pay in thespocket than in the person. Pecuniary
loss, short of utter ruin, is a trifle compared with loss of life
or limb, of father or son, of brother or friend. So let the
British nation hear with its boasted equanimity that, in con-
sideration of the war now raging in the Crimea, and soon
about to rage in the Baltic, and in commutation of death or
wound, cholera, dysentery, scurvy, typhus, frostbite, or hos-
pital fever, the Chancellor of the Exchequer calls on us to pay
forthwith one per cent. more incometax, and a little more
of that indirect taxation which we have been so busily and
cheerfully repealing 'these dozen years or more- Yes, the
income tax, which the year before last was put on a vanish-
ing scale, on the strength of t succession tax which was
gradually to fill up its place, and which then stood
at 3 per cent., but was last year raised to 6 per cent.,
first for half the year, then for the whole year, is now
to be 7 per cent. for the current year at least. Conidering
that the reduction of indirect• taxes has not prevented the
price of bread, meat, and other principal necessaries of life
from rising to a very high level—considering, too, that some-
how local rates of all kinds have been rising lately year after
year, much to the inconvenience of householders with limited
incomes —seven per cent., that is, is. 4d. in the pound, is a
very serious addition to the burdens of British life, and,
what is worse, is one step more towards the old ten per cent.,
which, if the war continues, we shall probably have to pay.

(From the Times' City Article of this day.)
The first quotation for the Omnium, as the combined
stocks of the new loan are termed, was 14 to premium, and,
after having declined to 14 premium, it closed at 14 to 4.
The manner in which the market premium for the new loan
is calculated is as follows :—The value of 1001. Consols is
891. 155., and of 14s. 6d. terminable annuities for 30 years
11/. 12. This makes 1014 75., or almost exactly la pre-
mium. Its actual value, however, is rather more, since this
calculation assumes the entire subscription of 1001. to be
paid at once, whereas the instalments extend over eight
months, and the employment in the interval of the money
not called up would yield, even at- the low rate of 2
per cent. now obtainable in the Stock-Exchange, about
128. The 'value of the terminable annuity, moreover,
has been taken as low as 161. per 11., while the quota-
tion to-day was 16 to 164, a purchase having been
made at the latter price. Under these circumstances, the
intrinsic worth of the Omnium would appear to be 2 p.m.
The letters of allotment were promptly delivered yesterday,
and, although a general curtailment was necessary of the
amounts applied for, it was impartially made. The applica-
tions were supposed to have been fully 10 per cent. in excess
of the total required. There seemed but one opinion as to
the equitable nature of the contract for all parties. It is
understood that the margin of profit to the subscribers in the
Emancipation Loan of 1835 was almost precisely the same as
that now obtained.

- - (From the Daily News of this day.) -
The Budget, in short., is quite as much Mr. Gladstone's as
Sir George Cornwall Lewis's. . Of course, the ex-Chancellor
of the Exchequer is not so unnatural a parent as to quarrel
with his own offspring because it is being nursed by another.
His opposition, therefore, is disarmed. Again, it is not the
cue of the Derbyites to make a serious onslaught on Minis-
ters yet ; and this silenees,another financial critic—Mr. Dis-
raeli. Sir G. C. Lewis has therefore no hostilities to appre-
hend beyond a partisan warfare conducted by a few guerilla
chiefs, unconnected with and independent of each other. If
we may judge by appearances, they intend to make of certain
items of the Budget a handle for ventilating their notions on
sundry abstract principles of finance and taxation, but to
offer no serious opposition.
As to the increased taxes proposed by th'e Chancellor of the
Exchequer, they are probably neither much better nor much
worse than any others that coulclbe suggested.

---
( From the Morning Herald of this day.)
Our worst anticipations as to our new Chancellor of the
Exchequer are more than realised. It has been our fate to
listen to many budgets ; from Mr. F. Robinson (now' Lord
Ripon), from Mr. Canning, from Mr. Goulburn, from Mr.
Herries, from Lord AlthorP, Mr. Spring Rice, Mr. F. Baring,
&c., but an exhibition so deplorable as that of last night we
never heard. The two last Chancellors of the Excis fihequnan-
er,
Mr. Disraeli and Mr. Gladstone, each, on making h
cial statement, kept full houses fix in admiration
condensed more
for four
or five hours at a stretch. Sir G. C.ed Lewis
matter into a speech of an hour and three quarters ; but the
house, half empty, did not listen to him. He huddled up his
in bas
yte, and sat down without a cheer
conclusion
The coo, dr, clerk-like way in which the matter was
handled excited the wonder of the hous
eral feeling e, and drew forth once
or twice a derisive cheer. But the gen
pass. The Chancellor himself be-
the budget could not
sought that a general view of his whole plax might be
taken ; and we should say that a general vote, condemnatory
of the whole scheme, would be concurred in by a majority of
the house.

( From the Morning Advertiser of this day.)
The additional taxation, coming, as it does, in conjunction
with the loan, will be exceedingly unpalatable to the country;
and the burden will be borne with so much the less resimaation,
because the war, which has rendered it necessary, as been
so grossly mismanaged, and has been carried out with such
manifest want of vigour, as to compel them to come to the
conclusion that Ministers have not up to the present hour
been sincere in'the desire to destroy the prestige, by diminish-
ing the power, of Russia. Before the House of Commons ac-
quiesces in the proposals which the Chancellor of the Exche-
quer means to make for so large an addition to the taxes of
the country, it is to be hoped that it will take care to exact
guarantees that the war will not any longer be carried on in
the same bungling, half-hearted manner in which it has been
conducted until now. Let it never be forgotten that this
year the total expenditure of the country is to be no less than
the astounding sum of 86,000,0001.

COURT OF COMMON COUNCIL.

Yesterday a Special Court was held for the purpose of
receiving an address from the Prefect of the Seine and
Municipality of Paris.
The Court was very numerously attended by commoners,
and the following aldermen were present :—Sir P. Laurie,
Ald :rman Wilson, Sir Chapman Marshall, Sir G. Carrol,
Alderman Hunter, Alderman Sidney,Alderman Salomons,
Sir R. W. Carden, Alderman Wire, Alderman Cubitt,
Alderman and Sheriff Muggeridge, and Alderman Rose.
I ADDRESS OE THE EMPEROR OF THE FRENCII TO THE CITY OF
LONDON.
The. LORD MAYOR said—lt is my duty formally to inform
this Court, that the Address voted to their Imperial Majesties
the Emperor and Empress of the French, by this Court, was
yesterday presented to their Majesties, when the Emperor
was) pleased to make the reply which I hold, in my hand,
and to which the autograph of the Emperor is appended. It
will be read to this Court and deposited amongst the archives
of the Corporation. (Cheers.)
The RECORDER then read the Address (a copy of which ap-
peared in our impression of yesterday), which called forth the
heartiest applause of the Court throughout.
Mr. J. WOOD moved—" That the address, and the an-
swer of his Majesty the ' Emperor be printed, and that a
pi inted copy and a . fac simile copy of the answer of the
Emperor of the French, be distributed to each member of
this Court "
Alderman WIRE seconded the motion, which was put,
and carried unanimously.
ADDRESS FROM THE PREFECT OF THE SEINE AND THE
MUNICIPAL COUNCIL OF PARIS TO THE CORPORATION
OF LONDON.
The LORD MATOR.—Gentlemen. I have called this
Court to receive the Prefect of the Seine, the President of
the Municipal Council, and a deputation, who will present
an address from the City of Paris to the Corporation of
London. (Hear, hear.)
Sir P. Laurie, •Alderman Salomon s, Alderman
fWire,orth
Mr. J. Wood, Deputy Harrison, and Deputy Hale, -
with left the court, and shortly returned with the Prefect
and the deput..tion from the Municipal Council,
whom
they formally introduced to the Lord Mayor. The distin-
-1 guished visitors having taken their seats on the right of
the chair,
The LORD MAYOR said—Gentlemen of the
of
Conanson
Council, I have already announced to you the purport
this special court, I have now the honour to present to you
the Prefect of the Seine and the President and other mem-
bers of the Municipal body of Paris, who will present to
you an address. (Hear.)
The PREFECT, who on rising was received with much
cheering, said—My Lord Mayor, Aldermen, and mern-
hers of the Corporation of London in Common Council as-
sembled,t when I received, from my august Soveroigu au-
_ .orisation to accept the kind and valuable invitation that
his lordship the Lord Mayor has been so good as to send
me fox tinge solemn AUd memorable circumatageo, the