The Sun.
London, England, 1852-09-11 00:00:00

ON THE LANDOWNER.

Income ariFing from 14nd let to a tenant at 300/.
a year (3001. at 3d.)
••• ••• •••
capital—z. e., the value of such land at 33,333
years' purchase (10,000/. at 9d.) ...

ON THE BARRISTER.
Professional income 300/.a year (3001. at 30.) 3 15 0
Capitalized value of such income at 10 years'
purchase, being the average of the English
life tables, with a deduction of 5 per cent.
(3,000/. at 9d.)... 1 2 6
Capital invested in professional education, li-
brary, &c.(1,500/. at 9.1.)

... 011 3

£5 8 9

ON THE TRADER.
Income from trade 3004 (3001 at 3d.) 315 0
Capitalized value of the same (3,0001. at 91) -
Capital invested in trade (1,500/. at 91) 0 11 3

£5 8 9
Terminable annuities to be resolved into capital and
income, and charged accordingly.
From the above statements, if the capital is at all cor-
rectly estimated in the respective cases, it would appear
that a tax of 51. Bs. 91. upon certain incomes is equiva-
lent to 7/ 10i. on others; or, to state it in another way,
that sd. in the pound on income is equal to 7d. in tee
.
pound upon real property—any inequality in the case of
houses or other realized property, when compared with
hind, being duly estimated and ailowed in a manner si-
milar to the poor-rate valuations.—.Z am, Sir, your obe-
dient servant, R. C.
N.B. In capitalizing the value of an income, it is not
taken at the sale value, but at the presumed value of the
same to the possessor.

ELECTRIC TELEGRAPH.
The extension of the electric telegraph to Hurst
Castle, in Hants, opposite the Needle rocks, in the
Isle of Wight, may be considered of national import-
ance. Next year above a dozen foreign mail-packets
will pass the Needles every month, averaging
one
nearly every other day, on their way to South-
ampton, and the fact of their approach to the latter
Telegraph two hours before their actual arrival. As
soon as the extension of the telegraph to Hurst Castle
place will be known by means of the Hurst Castle
is completed, the Southampton Chamber of Commerce
purposes effecting some arrangement with the Post-
office and railway authorities, by which, up to the
latest period of the day possible, the foreign mails
either by ordinary or special trains, ~hall be dispatched to London from Southampton,
imme-
diately on their arrival at the latter port.
The railway authorities are opposed
to special
trains, unless notice of them can be previously
given to every portion of their line. By the
extension of the electric telegraph to Hurst
such notice can be given. It is calculated that, taking
into consideration the readiness with which foreign
mails can be sorted in the General Post-office, and
distributed to all parts of the country from thence,
and considering also the rapidity with which the mails
will be forwarded to London from Southampton, when
the Hurst Castle telegraph is completed, that the ut-
most possible convenience will be provided for the
public next year. By the telegraphic overland ex-
press to Southampton announcing the arrival of fo-
reignlght, the Post-office,
mailtchoemlpslaenyofau"t7horities will be able to
railway,
and off
make every preparation for the quick landing and
dispatching of the mails to the General Post- office.
an
express train
Practically, it may be said that the foreign mails will
dbeoelsanndotedtaikneLtwonodhoonurnsetxot
get to
Loforn
on from South-
ampton. Now, when the immense staff of officials
in the General Post-office is considered, and the
numerous and direct postal communications there
are from London to all parts of the country, there
Kotinngerdotom town,
cannot be a doubt that foreign mails will be dis-
tributed quicker from
the metropolis
There is
not much doubt that the extension of the telegraph
all over
thanthe from United
any
to Hurst Castle will be remunerative. The mail
rcompanies, the Custom-house officers, the London
newspaper press, and the Post-office, must all receive
messages by it. The families of the officers of the
ships, the friends and relatives of passengers by
foreign mail-packets, numbers of whom are always
in S attlaampton when the packets are expected, will
no doubt order messages announcing the arrival of
the packets to be sent to them. A code of day and
night signals must be invented, to distinguish the
arrival of the various lines of mail packets. The
Hurst telegraph will be completed by forming a
double wire under ground from Brockenhurst station
on the Southampton and Dorchester Railway. It is
expected that the extension will be completed in a
month from hence.—Morning Paper.

ADMIRALTY COMMISSION OF SCIEN-
TIFIC INQUIRY.

(From the Portsmouth Times and Naval Gazette.)
His Grace the Duke of Northumberland, First
Lord of the Admiralty, has ordered a committee,
formed of the following officers—Captain Warden,
R.N., Inspector of the Steam N avy afloat, President;
Captain Gordon, R.N., of her Majesty's ship En-
counter; Isaac Watts, Esq., Assistant- Surveyor of the
Navy ; Robert Hughes, Esq., Assistant to the Chief
Engineer of the Navy; O. Lang, Eiq., Assistant
Master-Shipwright of Chatham Dockyard; and
Thomas Baker, Esq., Inspector of Machinery of her
Majesty's yachts, to visit all the principal ship-
building and engineering establishments in the United
Kingdom, to collect such facts as they may deem
useful for the conducting of
the national establish-
ments, and also for the advantage of the mercantile
marine of the country.
Such a commission as this cannot fail but realize
immense advantages for the national service. In its
appointment and organization we see the benefits
of having a master mind connected with the navy,
organized and set to
practically, at the head of its board of control. Had
such a committee as this been
work by previous First Lords of the Admiralty we
think the public would have heard fewer reports of
breaks down in war steamers, want of economy in
dockyards, and such like hackneyed complaints, whilst
the interests of the navy would have been far better
conserved and the mercantile marine
taken a position which might possibly have freed Cap-
tain Penny from much of that indignity which we
cannot but consider so unnecessarily shown him be-
Whilst touching upon the mercantile
fore the Committee of In ' - A ctic search-
(Bitty on the r
ing exploration. would have
marine we
must draw the attention of our readers to a letter
addressed to a morning contemporary, which will be
found in the preceding page, from that experienced
and highly esteemed officer of the Peninsular and
Oriental Steam Navigation Company—Captain En-
gledue. That gentleman throws out a hint for the
adoption of the Commission now sitting to resolve
upon the most efficacious mode of manning the navy,
which if they fail to avail themselves of we consider
they will deprive themselves of one-ball of the means
at their disposal for arriving at a proper the an
ad-
vantageous conclusion for the benefit f the service
to
themselves
chindividuallyos
eny
of North-
In
umberland to prosecute their inquiries into the
working of other establishments, the
service and
the belccg•
Duke
the country has a guarantee that the work will
be well done. Captain Warden is experienced in
steam navigation, he lately commanded the Retribu-
tion and Medea steam-vessels ; Captain Gordon, at
present in command of the Encounter, is another
highly talented practical steam officer ; Jr. Watts is
a scientific shipwright of the late school of naval archi-
tecture at this port, and late master shipwright at
Sheerness dockyard ; Mr. Hughes is a civil engineer
of first class attainments ; Mr. Oliver Lang is a rising
dockyard officer, and one of high
is a gentleman whose scientific attainments are. not
l
surpassed by any officer of his class in the nationa
Mr. Baker
service. W
attained with muchob-
jects
credit of their mission will be
benefit to the service
credit to themselves and lasting
We hope their report
in which they are employed.
the instruction of
will be printed and circulated for blic
or the pu •
ith such men we cicuPbr;innoiset ;but the
ch
the navy and the satisfaction _...-----

THE IRISH BRIGADE.—The brigade is likely to be
diminished in numbers ere the parliament has set many
days. Mr. Keogh's seat looks particulal ey, rly pfor the borough
recarious. The
petition against the return of Mr. Town
every probability of suc-
of Sligo, will be prosecuted with
and intimidation of the
cess. He is charged with bribery
orters have taken the
highest character. Mr. Somers 's suPP
matter up in right earnest, and already a considerable sum
of money has been subscribed towards carrying the matter
Out. In Clare, the petition against the return of Mr. Cor-
nelius O'Brien will be proceeded with. The petition com-
plains of intimidation and non•qualification of voters. At
Waterford, a petition will be prosecuted against the return
proceeded with.—Morning
of Mr. Esmonde. It is thought that the petition against the
return of Mr. Swift will not be
Advertiser.
_., THE RECENT ACCIDENT ON THE BRISTOL AND
EXETER RAILWAY.—The directors have visited the portion
of the line near Creech, 'where the accident occurred to the
down express train on Wednesday last. The
the remains of the
poor fellow Umberstone, crushed under engine, have
engine itself re-
been got out from under the ruins, but the
mains until the Government inspector had visited the spot.
Mr. Moncton, the coroner of the district, summoned a jury
at the Bell Inn, Creech, at noon on Thursday, who proceeded
injured was taken, as his con-
to View the body of Umberstone. The evidence of one of the
other servants of the companY
dition was considered very perilous, after which the inquest
was adjourned for a week, pending the report of the Govern-
ment inspector.
AN INFURIATED CONAT NOTTINGHAAL-00
cow in an nfur state
Wednesday at noon, while the market-Place w
i as
iafilted led with
hundreds of people,
a young
darting off in the direction of the
rushed from its fellows,
fish-market. It was abruptly turned near the Feathers Ta-
vern, When the animal made a sudden dash among the tin
which garnished a large
ware spread on the ground, and then paid its respects to the
pots and pans, plates and jug,r
washing everything that came inPeirt-
ti°n of the pavement,
way The maddened beast then ran towards Timber-hills
where it overthrew a butter-stall, but was eventually driven
back to its former quarters without doing further mischief.
—2Votts Guardian.