The Sun.
London, England, 1852-12-04 00:00:00

THE TRUST and LOAN COMPANY Oi
UPPER CANADA:

NOTICE IS HEREBY GIVItN, That an EXTRAORDINARY
GENERAL MEETING of SHAREHOLDERS in this COMPANY
WI I be held on the 15th December, at Two o'Clock P.M., at the
Offices, 65, Moorgate-street, for the purpose of declaring a Dividend
on the Capital Stock of the Company.
The Meeting will then be made special, for the purpose of taking
into consideration the granting powers to the Directors to receive
money on Loans, in accordance with the 41st dame of the Act of
Incorporation of the Company.

The transfer books will lie closed from the Bth to the 16th De.
ember.

By order,

T. MACDONALD, Sec,

DR. GLOVER'S DENIAL of his CERTIFI-
CATE to Mr. ALLSOPp :"I beg to say that I never gave
Mr. Allsopp any certificate whatever." Dr. GLOVER'S LETTER
was published in extenso in the 20th numbet of THE MEDICAL
CIRCULAR, accompanied by an editorial expose of the gigantic
Beer Puff of Messrs. Allsopp, Liebig, and Co.—Orders for the Medical
Circular to be sent to the office, 4, Adam-street, Adeiphi. The trade
supplied by Gilbert and Co., Paternoster-row.

• DIN.NEPORD'S PURE FLUID MAGNESIA
Has been for many years sanctioned by the most eminent
o f the medical profession, as an excellent remedy for
ACIDITIES, HEARTBURN, HEADACHE, GOUT, AND
INDIGESTION.
As a Mild Aperient, it is admirably adapted for Delicate Females
particulary during Pregnancy ; and it prevents the food of infants
:rout turning soar during digestion. Combined with the
ACIDULATED LEMON* SYRUP,
it forms an Effervescing Aperient Draught, which is highly agreeable
and efircacione.
Prepared by DINNEFORD and Co., Dispensing Chemists (and
General Agents for the Improved Horse Hair Gloves and Belts),
172, New Bond-street, London, and sold by all respectable Chemists
throughout the Empire.

THE &TRE ROYAL, HAY MARKET.
Farewell Season or Mr. Benjamin Webster as Lessee and Manager

THIS EVENING

Will be performed the new Petite Comedy of A NOVEL EXPE-
DIENT, by Mr. Leigh Murray, Mr. Howe, and Mrs. Stirling.
After which, the very popular and highly attractive Comedy of
MASKS AND FACES; or, Before and Behind the Curtain. Triplet,
Mr. Henjamin Webster; Peg Woffington, Mrs. Stirling.
To be followed by the Farce of A CAPITAL MATCH.
To conclude with the Farce of SHOCKING EVENTS.

ROYAL LYCEUM THEATRE.
Under the Management of Madame Veatris.
THIS EVENING.

Will be performed TAKING BY STORM.
After which, a new Farce, in two acts, entitled THOSE DEAR
BLACKS. Characters by Messrs. Charles Mathews, Baker, Suter,
Butler, and Miss Wyndham.
• To be followed by USED UP.

ry ..111.1a.• with A HOUSE OUT or WIADOWS. Characters,
y Paul Potter and Mr. Robert Roxby.
Sole Agent for the Private Boxes, Mr. W. Alleroft, 15, New
Bond-street.

THEATRE ROYAL ADELPIII.
Open for the Season.
Proprieter, Mr. B. Webster.—Directress, Madame Celeste.
THIS EVENING,
SLAVE LIFE ; or, Uncle Tom's Cabin—by Messrs. Alfred Wigan
(his Fifth appearance), Emery, 0. Smith, Cullenford, Madame Ce-
leste, Miss Woolgar, Miss Laura Honey, and Mrs. Keeley.
Atter which, the Extravaganza of MEPHISTOPHELES; or an
Ambassador from Below.

ROYAL PRINCESS'S THEATRE, OXFORD-STREET.
Under the Management of Mr. C. Kean.
THIS EVENING
Will be performed Shakspere's Comedy of TWELFTH NIGHT.
Principal characters by Messrs. Bartley, Lacy, Stanley, Meadows,
J. Vining, Ryder, Everett, Cathcart ; Misses Murray and Marshall,
and Mrs. C. Kean.
After which, THE ADOPTED CHILD. Principal characters by
Messrs. Bartley, Graham, and Everett, Misses Terry, Vivash, Le-
clereq, Daly, and Mrs. Daly.
Te conclude with DEAF AS A POST, in which Mr. Wright
will appear.

ASTLEY'S ROYAL AMPHITHEATRE.
Proprietor and Manager, Mr. W. Ratty.
Great and unprecedented success of Uncle Tom's Cabin, which
nightly Increases in popularity and attraction.
On MONDAY, December 6th, and during the week, the perfor-
mances will commence with the new and highly successful Eques-
trian Drama of UNCLE TOM'S CABIN, with all its exciting and
interesting Equestrian and Dramat'c effects.
To be followed by Fatty's Equestrian and Gymnastic Scenes In
the Arena.
To conclude with the popular Farce of THE DEVIL TO PAY.
Stage Manager. Mr. W. West. Doors open at Hali-past Six
o'clock; box-oince open daily from Eleven to Four.

HIGH WATER AT LONDON BRIDGE.
THIS Der —Morning 36 min. after 6 Evening 6 min.aft. 7
To-hloaaow—Morning 40 min. after 7 I Evening 16 min.aft. 8

THE WEATHER. SUN OFFICE, Dec. 4.
THERMOMETER, IN THE SHADE.
49 highest since noon yesterday.
43—lowest this morning and during the night.
51—this day, at noon.

BAROMETER, 29'98.
WIND, S.W—Drill, rainy weather.

THE WELLINGTON SUN.

ON THURSDAY THE 18Tn, AN
EXTRAORDINARY EDITION OF THE SUN
WAS PUBLISHED, CONTAINING
A SPLENDID PORTRAIT

OF THE LATE
DUKE OF WELLINGTON,
WITH HIS AUTOGRAPH, AND A FULL ACCOUNT

method of manning the mercantile marine, the
Right Hon. Gentleman referred in powerful and
indignant terms to the evils resulting to the
Royal Navy from the equally erroneous scheme
of manning that service—pronouncing the latter,
indeed, to be absolutely irrational. Next were
considered the claims of the sugar produc-
ing interests. Sugar he pronounced to have
been the battle-field of parties ; but he besought
the House to enter upon the consideration of the
present state of those interests with good temper and
impartiality. Nevertheless, while feeling deeply
the misfortunes which have befallen of late years
the sugar-producing colonists, he waived the idea
of introducing this clause of his Budget in
the character of a sentimentalist. Acknow-
ledging the suffering of the interests here
referred to, he yet did not consider the com-
plaints borne out by statistics, so far as to con-
vince him that our colonists could not survive the
existing system of competition. Particulars were
then adduced from the returns of 1851, compared
with those of 1852, showing that the imports of
foreign sugar have decreased, while the im-
ports of British sugar have as wonderfully
increased during the same interval. The Cabinet
could not regard itself as called upon to yield, or
even justified in yielding to the demand of our
colonists, either that we should arrest the descent
of the duties on foreign sugar, or reduce the
duties upon British plantation sugar. Simply,
therefore, the Ministry refuse distinctly to pro-
pose the return to differential duties—having
before it the remarkable and incontestible proofs of
the happy fruits of unrestricted competition. No
wonder the cheers that rose from all parts of the
House at this announcement were especially earnest
among the Free Trade Members of her MAJESTY'S
Opposition! Again, the CHANCELLOR of the Ex-
CHEQUER declared that he could not possibly recom-
mend the increase of loans to the British sugar pro-
clueing colonists—because the loans already set apart
for their advantage are at this moment actually in-
exhausted ! One boon, however, he would urge
should be granted to the interests here referred
to—that prayed for in reference to the re-
fining of British sugar in bonded refineries
for consumption : a boon which, he reminded
the House, might be safely and gracefully con-
ceded, because it is strictly in continuance or
development of the system of unrestricted compe-
tition. Reference was now made by the Right
Honourable Gentleman to the whole net-work of
local taxation throughout the country. Upon the
Highway Rate the Cabinet was, he announced, pre-
paring a measure which he felt sanguine would
prove acceptable to the great majority of the
Imperial Legislature. When alluding to the
County Rate, Mr. DISRAELI in an impressive
tone, which was warmly responded to by the
applause of the House, stated that before long Par-
lia.nent would have seriously to take into account
the whole of one of the most important ques-
tions of the day—the question of Punishment !
Altogether the County Rate, according to his
explicit remark, was statedto amount to 800,000/.,
though in reality it only reached 600,0001. (the
police being erroneously included in the tables of
the results of the assessment) ; but this rate he
would not conceive himself justified in recom-
mending to be materially or even moderately
diminished. Immediately the greatest of all the
local taxes, namely, the Poor Rate, was men-
tioned, a desultory kind of conversational tone
was introduced into the financial statement
by the cheers and counter cheers upon the
allusions made to the decrease of late years in the
extent of pauperism—the cheers of the Opposi-
tion being a sort of inarticulate panegyric on
" recent legislation"—and the counter cheers from
the Ministerial side of the house being a species of
unsyllabled tribute to the " obsolete opinions" of
Protection. Finally, however, under this head, the
CHANCELLOR of the EXCHEQUER brought the ap-
plause of the House of Commons to something like
unanimity by announcing that he would not pro-
pose any change whatever in the system of Local
Taxation. Hereupon, the Right Hon. Gentleman
altered his manner very perceptibly—having at
last reached the core, the pith, the marrow of the
present memorable Financial Statement. He de-
clared in the clearest language that the purpose
of the Government. at this juncture, is to carry out
to the fullest extent the now firmly established sys-
tem of unrestricted competition. Foremost among
all the evidences of this intention on the part of
the Cabinet,
.was the explanation thereupon made
by Mr. DISRAELI, that the Ministry are definitively
prepared to deal with the Malt-tax. The propo-
sition now submitted to the Legislature is this,
that the duty upon malt should be considerably
remitted—that, in fact, it should be reduced one-
half—while the drawback upon malt should in
Scotland (as had formerly been done in Ire-
land) be altogether foregone. It had been
asserted long ago that the abolition of the
duties on corn would necessitate the remission of
the duties upon barley. That remission had now
become inevitable. It was undoubted, said the
Right Hon. Gentleman, that an increase had been
perceptible since the establishment of the system
of unrestricted competition, the sum total being,
in 1849, 38,935,000 bushels, in 1850,
40,744,000, and in 1851, 40,337,000. Yet
it would be but fair that Free Trade should
be carried out to its fullest extent in
this particular, and, therefore it has now been
proposed by the CHANCELLOR of the EXCHEQUER that
the Malt-tax—now levied at the rate of 2s. 7id.
—should be reduced one half, namely, to ls. 3id.,
and that the new system should come into opera-
tion on the 10th of next October. The next
subject treated of by the Right Hon. Gentleman
was the question of the Tea Duties. The reduction
of the malt-tax by one half, must of course, he in-
sisted, benefit the consumer considerably ; by
placing within his reach cheap beer, it would, by
encouraging the cultivation of barley, materially
improve the condition of agriculturists. The
reduction of the Tea Duties, he contended,
must not less signally benefit the consumer and
the importer. In his reference to this proposed
diminution he made facetious mention of the early
praise of the china plant by PEPYS in his "Diary,"
and then specified that the imports of Tea in 1851
reached 71, 466, 000 lbs.—the consumption being
about 54,000,000 ; while the consumption of the
current year would probably amount to full
57,000,000 lbs. At present the duties on Tea may
be stated at 240 per cent. or 2s. 2d. per lb. These
duties the Right Hon. Gentleman now proposed
to reduce very considerably. He had previously
remarked that it would be unwise to deal in a
small manner with the Malt-tax. He subse-
quently suggested that the old war duty on Hops
should be at once remitted, thereby reducing.
the actual duty one half. In a kindred spirit he
now unfolded his plan in relation to the altera-
tion of the tax imposed upon Tea. Instead of
maintaining those duties at 2s. .2fd., he would
suggest that they should be reduced during the
next 6 years to 15.—thus, in the first year by 4id.
and in each of the five years afterwards by 2d.,
until it is reduced to is. as proposed. It should
be especially borne in mind, that this reduction
to ls., applies to teas of all kinds, to teas of all
qualities, to black and green indiscriminately.
Turning to generalities, the CHANCELLOR of the
ExCHEQUER next spoke of the powers of the popu-
lar consumption upon which tbe revenues were
mainly dependent. Those powers of consump-
tion he regarded as visibly on the increase.
The rise in the rate of wages he considered to be
advantageous to the country, instead of being, as
was sometimes' pretended, altogether disastrous.
Recapitulating briefly the measures proposed
to be carried out by her MAJESTY'S Go-
vernment, the Right Honourable Gentle-
-I.ll_ an reminded the House that they suggested
the remission of 2, 500, 000/. through the
Malt Duties, of 900,000/. through the Tea
Duties of 300,000/, through the Hop Duties
b--3-7tosuginetioiefrredueing the revenues of the country
Bearing thisjll between 3,000,000/. and 4,000,000/.
e_____
gr, emembrance, we seemed to come
naturally
tax imposecr
from
to the consideration of the
and property. Thart° year -upon incomes
the ExcHEQuza raaxt
up on a former
CHANCELLOR of
occasion in the House famedco
tin" g this asser-
ranions' ought not to
admit of any exemptions, Commons,
~..,pl4:_etea
J more distinctly
tion in llio Budget, he

The Budget last night submitted for the consideration
of the House of Commons and the country, affords a re-
markable contrast to the inane and contemptible pro-
ductions which the late CHANCELLOR of the EXCHEQUER
was accustomed annually to bring forward. Although
there are points both of omission and commission against
which we feel it to be our duty earnestly to protest,
although there are other matters in which the financial
Minister has not made sufficient progress in the right
direction, we freely admit that there was exhibited a
bold and vigorous energy—an enlarged and comprehen-
sive view of fiscal subjects—exceedingly creditable to the
rileigehatsHtuonbi.eGfuetnutrleemparnogr,
eed
e. affmoredifinn
galrliucisal picistoautsemauents-
during many preceding years had been deplorably defi-
cient in these important particulars. The public had
been wearied with the pompous platitudes the
verbose inanities—with which Sir CHARLES WOOD
had been accustomed to defend his perverse and
obstinate refusal to abandon the beaten track,
and the dull pomposity with which he neglected
to avail himself of the golden opportunitiesafforded by
a handsome surplus. There was something cheering in
the brilliant project last night brought forward. We
cannot help admiring even the portions which we are
compelled to. censure. Major A—, in his advice to
whist players--paraphrasing the well-known maxim of
CATHERINE of Russia with respect to Generals—declared
that "it was better to act on a bad principle than on no
principle at all." Mr. DISRAELI was in every respect
guided by principle, and that in no way opposed to
the free and unrestricted competition recognised by
recent legislation, and had it not been for the
serious mistake into which the Right Hon. Gentle-
man has fallen, with respect to the Inhabited House-tax,
our duty, on the present occasion, would have been
one of unmixed gratification. As it is we strongly con-
de
additionm con-
demn, , a and willa
b umr
doesnt satlrreena
du
yo ussul yffioepi
epnotsley, tohnaetr
oformidable
are aware that the great boons offered to the community
require some addition to the old, or creation of new,
sources of revenue. We fully recognise the propriety,
justice, and expediency of the determination of not seek-
ing that augmentation through any indirect imposts ;
bofu, ttbeatditrheeetsabmuerdteimnse,
owneonmeusdtesoebrijpectitontoofapny property
tioto
bwhich
ro tbheetrt se r
ar en
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dbule
et. v e Itto wt
the
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quer, to have increased the rate on Schedules A and C,
and to have assimilated the charge on houses to those
of all other descriptions of accumulated and realised
property.

It is difficult within the limits assigned to a leading
article, more particularly on an occasion when the
eloquent address now under notice makes so consider-
able an inroad on our available space, to give more than
a very cursory notice of the contemplated changes.
We shall first look to the omissions in the scheme. The
Right Hon. Gentleman has totally overlooked the
Taxes op Knowledge. He has not even alluded to the
subject. No hope is held out of the abolition, or even
the reduction, of the Advertisement Duty, which we
should have been willing to accept as an instalment
of justice, and which would have given a won-
derful stimulus to the trade and commerce of
the country. .:We venture to assert that a
remission of that impolitic and inequitable impost
would not have occasioned any loss to the Exchequer.
The pitiful 150,0001. derived from the tax, would be
more than compensated by the increased activity oc-
casioned through the new facilities for making known
the wants of the people, and bringing vendor and pur- '
chaser into communication. It would have been a great
boon to those able and willing to work, and desirous of•
making known their anxiety for employment. There
are other matters, too, that ought not to have been passed