The Sun.
London, England, 1865-01-23 00:00:00

THE SUN, LONDON, MONDAY EVENING, JANUARY 23, 1865.

KINAITAN'S LL WHISKY v. COGNAC
BRANDY.
This celebrated Old IRISH WHISKY rivals the finest
FRENCH BRANDY,
It is Pure, Mild, Mellow, Delicious, and very Wholesome.
Sold in Bottles, 3s. Bd., at the Retail Houses in London ; by
the Agents in the principal towns in England ; or wholesale
st
8, GREAT WINDMILL-STREET, LONDON, W.
Observe the Red Seal, Pink Label, and Cork branded
"Kinahan's LL Whisks,-",

THE CRYSTAL PALACE.—SUMMER in
WINTER.—LUXURIOUSLY WARM and DRY.—
Lighted up for promenade until Half-past Six.

FrIIE CRYSTAL PALACE AT NIGHT.-
" A sight alone well worth a journey to Norwood to
see."—Vide Papers.
Lighted up this evening from dusk until half-past Six.

CRYSTAL PALACE.—The WIZARD of the
NORTH and Miss ANDERSON in their WORLD of
MAGIC TO-MORROW.

MR. and Mrs. GERMAN REED, with Mr.
JOHN PARRY, in THE RIVAL COMPOSERS. in
which the Sisters Pry will appear, with THE BARD and
HIS BIRTHDAY; and to cone ude with MRS. ROSELE A.F
AT THE SEA-S 1 pE. By Mr. John Parry. Every Evening
(except Saturday) at Eight ; Saturday At ternoon, at Three.
- -ROYAL GALLERY OF ILLUSTRA LION, 14, Regent-
street. Unreserved seats, is., 2s. ; stalls, 3s. ; stall spring
chairs, ss.

OPERA DI CAMERA, the SOLDIER'S LEGACY, by
Mactarren, and TOO MANY COOKS, by Offenbach. Every
TUESDAY and T LIURSDAY, at Three.

THE 0 X FORD,
6, OXFORD STREET, W.
The Oxford and Canterbury Hall Company (limited).

ORPHEE AUX ENFERS (Offenbach's brilliant Opera
Comique), is achieving an unprecedented success. Vide, the
Song : "King of Bceotia ;" " The Hymn to Bacchus ;" and
the spirited "Hilliho " Chorus, by Eurydice, Diana, Cupid,
and c horns ; the side-splitting " Couplets," by Minerva,
Diana, Venus, Cupid, Pluto, and Chorus ; and final Minuet
and Galop. Principal characters by Misses Russell, Fitz-
henry, Barrie, Tyrrell, and Walmsley ; Messrs. Greene and
Lascelles.

--------
Also, MASANIELLO, in which Mons. LATESSIERE, the
successful new Tenore, from the Theatre Lyrique, Paris, will
make his appearance.
Musical Director, Mr. F. Jonghmans.
Comedy, by Mr. WILLIAM RANI)ALL, Mr. GASTON
MURRAY, LITTLE 808, SESTIL LION, and all the pro-
curable Talent of the day.

nANTERBURY HALL.
NJ The Oxford and Canterbury Hall Company (limited).
HODGE PODGE,

the most extraordinary Christmas Entertainment in Lon-
don (inclui ng the whole strength of the establishment),
evory even ng at half-past Nine o'clock.
The usual Opentic Sele.tions by itisses Russell, Barrie,
Hays. Godden, &c.; Messrs. Lascelles, Harland, Beaumont,
Kimberley, &c.
Musical Director, Mr. F. Jongbmans.
Extra Comedy by Mr. and Mrs. Randal`, Mr. Hilton,
Stacey, Woodman, Little Bob, &c.

ROYAL CAMBRIDGE MUSIC HALL,
Commercial-street, Shoreditch.
(Close to the Great Eastern Terminus'.
Sole Proprietor, Mr. G. W. NUGENT.
SPECIAL ATTRACTIONS.
Operatic Selections, &o. Prima Donna, Miss ELLISON.
The Comic strength of the Company includes ANNIE
ADAMS, NELLY POWER, J. G. FORDE, WEST, GEO.
LEYBOURNE, Mr. HERBERT, J. F. ALEXAN
at D ER. antalian
d
Family; LIEFR ERES CAVALLINI, the gre I
Clowns and Gymnasts, from the Cirque Napoleon, Paris,
their first appearance in England.
Permanent prices—Area, 4d. ; balcony, 6d. ; stalls, Is.
Manager and Conductor. Mr. C. GRE VILLE.

MADAME TUSSAUD'S EXHIBITION.
established 29 years at the Bazaar,:flaker-street.
NEW ADDITION.—A Full-length PORTRAIT MODEL
of MULLER, taken from life, and corrected from the Cast
taken by Doctor Donovan, is now added to the Chamber of
Physiognomy.
Open, on Boxing' Day only, from 10 a.m. till 10 p.m,; other
days from 11 a.m. till 5 p.m., and from 7 till 10.
Admittance, One Shilling; extra rooms, Sixpence.

ARGYLL ROOMS, Great Windmill-street,
Piccadilly.
GRAND CASINO. CONCERT. First time in England,
Gungl's new German Toy Waltz. Prince Imperial Quadrille,
Huguenots, Robert le Diable, William Tell, and a variety of
Dance Mtuic.
Conductor, M. LUIGI CURTI.
Admission, One Shilling.
Manager, M. GRENET.

EET H. - IMPROVED MECHANICAL
DENTIS rßY.—Professional abilities and great artistic
skill have been most successfully combined in the production
of ARTIFICIAL TSUITti upon a new principle. The real
value of the perfection of the art of Dentistry will be experi-
enced by all wishing to avail themselves of professional
assistance by =suiting Mr. AL !MILT, 34, Great Russell-
street, Bloomsbury. whose experience has ensbled him to
effect such admirable, convenient contrivances by artificial
means, and which are so perfectly efliclint.

CITY S 11.0 W - ROOMS
'sou
GLASS AND CIIINA,
117, lIOUNDSDITCII.

DEFRIES and SONS' TABLE GLASS,
Cut and Engraved, of the choicest designs.

DEFRIES and SONS' DINNER, DESSERT,
and Tea Ware, of the newest patterns.
---
yIEFRIES and SONS' LUSTRES, TAZZAS,
Land Flower Vases for the present season.
REFRIES and SONS' CHANDELIERS,
for the Dining-room, in Bronze, Ormolu, and /Silver.
---
REFRIES and SONS' CHANDELIERS'
JL.P in Crystal, for the Drawing-room, for Gas or Candles.
---
nEFRIES and SONS' CHANDELIERS,
it in Crystal, in the Venetian and Grecian designs, for
India.
-
PEFRIES and SONS' SPECIAL DESIGNS
in Lamps for India.
DEFRIES and I SONS' WALL LIGHT
Chandeliers, in Crystal, for India (Registered).

REFRIES and SONS promptly execute CLUB
Mess, and General Furnishing Orders of China, Glass,

nEFRIES and SONS supply MERCHANTS
_IL" with Pattern Books and special Des!gns.

T DEFRIES and SONS have just added Five
Or • New Snow- Rooms to their extensive Manufactory.
They have new on show the larg, st assortment in the world
of the above goods ot their awn manufacture.
MANUFACTORY AND SHOW-ROOMS,
147, Houndsditch.

PRIZE ME D A L.—INTERNATIONAL
EXHIBITION, 1862.
FRANCIS TUCKER de CO., Wax Chandlers, .to., &a,
To the Queen and the Ranee of Wales.
(Established 1720.)
The Jurors' Report on Wax and Church Candles, in 1862,
testifies to the excellence of the quality of Messrs. Tuckers'
manufacture.
A distinguished Dignitary, in a letter addressed to Francis
Tucker and Co., on the subject of
WAX CANDLES with PLATTED WICKS,
says:—
"I have found them fully equal to the recommendation
which you gave them, and can sincerely, in my turn, I com-
mend them to the clergy for the use of the altar."
Finest quality, with latted Wicks, patented.. 2s. 2d. per lb.
Ordinary quality .. • . is. Od. per lb.
VEGETABLE CANDLES, with a Mixture of Wax.
Best quality .. is. sd. per lb
Second quality .. •• Is. 3d. per lb.
Third quality .. .. • . is. ld. per lb.
Carriage paid in London on Orders of Five Pounds in value.
FRANCIS TUCKER AND CO.,
South Molton-street, Grosvenor-square. Manufactory—
Kensington (Established 1730).
The largest Establishment in England for the Manufacture
of Wax Candles for the use of the Altar.

ORNAMENTS for the Drawing-room, Library,
ind Dining-room, consisting of a new and emegant assort-
ment of VASES, Figures, Groups, Candlesticks, Obelisks, Ink-
stands, beautiful inlaid Tables, Paperweights, &0., in Italian,
Alabas er, Parian, Marble, Bronze, Derbyshire Spar, &c.
Imported and manufactured by JAMES TENNANT, Mine-
ralogist to her laiesty, 149, Stand, W.C., London.
Mr. Tennant arranges elementary collections of SHELLS,
MINERALS, ROCKS, and FOSSILS, which will greatly
facilitate the interesting study of MINERALOGY, CON-
CHOLOGY, end GEOLOGY, at 2, 6,10, 20, 50, to 100 guineas
each.

PRACTICAL INSTRUCTION in GEOLOGY and MINE-
KALOGY is given by Mr. TENNANT, at 149, Strand_. W.O.

THE BENEFACTOR OF THE SKIN.-
MOLLARD'S perfumed Toilet Sulphur Soap and
Cream, highly patronised by the faculty, nobility, and gentry.
Nothing equals the properties and qualities of the Soap Ito.
1 for ordinary toilet purposes, and of Nos. 2 to 5 in all cases
of cutaneous affections or rheumatism.
Perfumed toilet cream, cold cream, and pomatam for the
hair.
Barege cream for sulphur baths, without any disagreeable
odour.
All these preparations may be had at the central depot,
221 A, Regent-street, London, W. ; and at Messrs. Newbery
and Sons, Barclay and Sons. Edwards, Keating, Sanger and
Son, Jozeaunetti, and all chemists. Pamphlets and testi-
monials tree cm a plication.
Agent for Edinburgh—Mr. John lirKay, chemist, 119,
George-street.

DINNEFORD'S FLUID MAGNESIA.
The medical proie :eon for Thirty years have approved
of this pure solution of hla4nesla as the best remedy for Gout
and stomach disorders of every kir d ; and as a mild aperient
it is ear ecially adapted for ladies and children. Prepared
sole y by
DINNEFORD and CO., Chemists, &e.,
172, New Bond-street, London ;
And sold tbroughcut the world by all respectable chemists,
CAUTION —See hat " Dinneford and Co.'? is on each bottle
and red label over the cork.

from the recipe of Dr.
SCOTT'S LIVER AND BILLIOUS
without any mercurial ingredient,
p,,redß.
PILLS.—A NEVER FAILING REM EDY.—Pre-
'ictott, of Bromley, Kent, will be found invaluable to all who
13uffer from bilious and liver complaints, indigestion, wind,
Tasms, giddiness, dlzzinebs of the eyes, &o. For habitual
sostiveness, as a family aperient medicine, and as a purifier
of the blood, they are truly excellent; mild in their opera-
lon and grsteful to the stomach, they create appe rite, pro-
mote digestion, and strengthen the whole nervous system.
sold by W. Lambert, S, King William-street, Charing-cross.
London, and by most druggists, in boxes,ls. lid., and three
times the quantity in one, 2s. Bd. Be sure to ask for Dr.
Soott's Bilious and Liver Pills. The genuine are a square
green package.
stamp. With is Wiwam Lambert," engraved on the

AMERICA.

THE REMOVAL OF GENERAL BUTLER.
The New York Herald publishes the following
despatch :

" Ye.sterday the troops of this command were
startled by the unexpected announcement that Gen.
Butler had been relieved and oreered to Lowell,
Massachusetts. A host of rumours are flying about
as to the cause of this change. Nearly all, however,
attribute the removal of Gen. Butler to the failure
of the Wilmington expedition. The order was re-
ceived at Butler's headquarters about half-past 11
o'clock a.m. yesterday. The only person present
who did not appear at all surprised was the general
himself. Whether he knew that it was coming, or
whether he has the faculty of viewing the most un-
expected events calmly, is more than I can deter-
mine ; but certainly the general was not at all dis-
turbed. Immediately on its reception his orders
were issued clearly and decisively, and before three
o'clock he was ready to vacate his command at the
front. Adopting the theory that General Butler was
removed on account of the Wilmington expedition
not meeting with the, expected success, only one
question remained to puzzle curious military men.
They could not imagine why the general had not
been removed some clays ago.„; This question, how-
ever, received a final'solution when Gen. Ord was
assigned to the command. The hero of Fort Har-
rison was away on leave of absence, and the autho-
rities only waited for his return to remove General
Butler.

" Gen. Ord returned yesterday, and at once pro-
ceeded to the headquarters of his command, the
24th Army Corps. He had hardly arrived before
he received notification of the removal of Gen. But-
ler, and his own assignment to the army of the
James.

" Immediately on the promulgation of the order
relieving Gen. Butler, and replacing him by Gen.
Ord, the staff of the army of the James assembled
around the quarters of their late commander, rein-
forced by numerous other officers of the command.
Numerous' would hardly convey an idea of the
number of officers present to bid him farewell. The
general was deeply affected, and expressed his re-
grets at parting with an army which, under his
command, had achieved so much. But any expres-
sions of sorrow were cut short by the rapidity of
He had received his
the earliest moment,
othrdeersgentherrealp'sortarraatngLeomweenuts.
at
and before 3 p.m. he annofinced that he was ready
to leave. The orders directing this change instructed
Gen. Butler to proceed to Lowell, Mass., and re-
port from thence to the adjutant-general of the
army. Before 3 p.m. the general started for the
North. He was accompanied
.by Gen. Ord, Gen.
Devis, Gen. Turner, Gen. Ludlow, Capt. Bruce,
Captain Clark, Captain De Ray, Lieutenant Mer-
rill, Medical Director Suckley, Major Davis, and
Captain. Wheaton. Never had an order been more
promptly obeyed. All of the above-named offi-
cers accompanied the general to Aikin's Landing,
where he went on board his flagboat, the River
Queen. General Butler was accompanied by Cap-
tains De Kay and Clark, of his personal staff, while
the remaining officers turned their horses' heads
homeward. General Ord also accompanied General
Butler as far as City Point, where he stopped to see
the lieutenant-general, and returned late last
night."
The New York Tribune publishes the following
letter from its special correspondent relative to the
Federal attack upon Wilmington and General But-
ler's part in it : _ _ _

" Fortress Monroe, Jan. 5.

" The late Wilmington expedition having resulted
unsuccessfully, the public—which had a right to hope
if not expect otherwise—is busy seeking for a scape-
goat whereon to visit its maledictions. Commodore
Porter having published a report which, impliedly
at least, censures Major-General Butler, such of the
public as are unaccustomed to thinking for them- •
selves have set about abusing the general exten-
sively. _Whether General Butler shall think it •
worth while to controvert the erroneous imputations
of the Journal I cannot, of course, pretend to say,
but he certainly owes it to himself as well as to his
army that a candid and correct report be made of
troops
his own share in that unsuccessful expedition.
Should such a report be ever made, these facts are
pretty certain to be established :—First—That we
dGideuernsolt
Butler'scapture
Wilmington.vere
all Second—Thatbarked
on transports, and at the rendezvous at Fortress
Monroe at the appointed time, and three days be-
fore the navy was ready to co-Operate. And third,
That arrived off New Inlet on the night of the 15th
December, the general's transports
lay waiting,
anxious and impatient, the 16th, 17th, and 18th,
with -weather the most delightful, and the sea as
calm as an inland lake, while the fleet, still not ready,
was off at Beaufort taking in supplies and ammuni-
tion: On the 19th the weather thickened and grew
stormy, and on the 20th a gale prevailed, rendering
it utterly impossible to keep the transports together;
moreover, his transports had been supplied by direc-
tion of Gen. Grant for ten days only, and that time
being now up, it became necessary to put into New-
bern for additional supplies. Fourth—Deserters and
prisoners captured by our land forces unite in stat-
ing that up to so late even as the 20th there was
not a garrison inside of Fort Fisher exceeding 400
men, nor 1,500 effective troops to be had to make
any resistance whatever to our advance, had we
been able to have moved at the time when General
Butler was there ready and willing to commence.
The fatal unreadiness on the part of the navy dur-
ing those three beautiful days of the 16th, 17th, and
18th December must be put down as the cause of
the failure of the expedition ; as, when the transports
got back again from Newbern, and the navy was
at length ready to commence the fight, the
garrison of Fort Fisher had been strength-
ened, and at least two divisions of troops
from Richmond had been transferred for the de-
fence of Wilmington, so that when Gen. Weitzel
finally effected a landing, he found the fort strongly
manned, and a force scarcely, if at all, less than his
own ready to engage his rear whenever he under-
took to assault the fort. Had General Butler been
a man of less moral courage he might have ordered
his men to uselessly hurt themselves against Fort
Fisher, as General Gordon Granger, on the 6th of
August last, ordered General M'Ginn to hurl his
900 effective troops under his command against Fort
Morgan, garrisoned by 700 men, and having 10 guns
bearing towards the plain over which they were to
move. General Weitzel's force was larger, but
there were some 16 or 17 guns mounted in Fort
Fisher, sweeping the plain when he was to advance
his assaulting line with batteries to enfilade the
attacking line when it approaching the works.
Fifth. General Butler did what no good officer could
fail of doing under the same circumstances. He
withdrew his men and re-embarked them when he
found that to undertake to go forward would only
result in uselessly leading them to slaughter. There
might have been more glory in a course which would
have afforded greater carnage, but doubtless the tear-
ful wives and mothers and sisters at home, watching
in fear and trembling for the lists of wounded or
killed, will readily acquit the general for his decision,
while impartial history will assuredly count this
not among his mistakes, whatever may be the judg-
ment to-day of uncandid, misinformed, or partisan
newspapers. Finally, it may be owing to the public
to know that neither the President nor the Lieut.-
General, having the facts before them, blame Gen.
Butler for the non-success of this undertaking, nor
ascribe to him the fault of having been the cause of
its resulting as it did."

sion of peace to Richmond on Saturday. His son,
Montgomery Blair, did not accompany him. Passes
from the Confederate authorities, civil and military
(delay in the receipt of which, at Grant's headquar-
ters, had induced Mr. Blair last week to return to
Washington) had been transmitted to him here, and
will enable him to continue his journey to Richmond
without interruption. He is, doubtless, in that city.
It is known here that Mr. Blair will propose to the
Davis Government a scheme of pacification resting
fundamentally on a return of the rebellious States
to the Union. Whatever political and moral ad-
vantages may be derived to us from this tender
of the olive branch, no hope is entertained here that
Mr. Blair's mission will have the success of initiat-
ing negotiations for peace. The condition of re-
union will be fatal to his or any other envoy's
labours. George D. Prentice, of the Louisville
Journal, who has been in Richmond for over a
month, on his arrival here through our lines, of
which he seems to have the run, reported to Ken-
tuckians in the house of his own sympathies that
the Jeff. Davis government had conclusively re-
solved to free and arm the slaves, and that 200,000
of them would soon be equipped and put into the
field to fight us under the stimulus of the promise
of their own liberty and that of their wives and
children, and of a proprietary interest in the soil.
-In this desperate war policy inttiligent men hear
Jeff. Davis's reply to Francis Blair's proposition for
peace."
The correspondent of the same journal, writing
from Washington, says :
" A very much greater quantity of cotton than
was reported was found in Savannah. On the sug-
gestion of an eminent member of Congress from the
West, the collector of the port of New York was
sent down there, probably to take possession of the
whole of it, and ship it to New York, for sale for
account of the Federal Government. He will pro-
bably dispose of the entire batch of claimants by
giving them certificates of his appropriation of the
property at the present Savannah valuation, to be
paid for at a future day on proof of ownership."

The Russian Budget.

ST. PETERSBURG, Jan. 17.

The Budget for 1865, just published, is accom-
panied by a lengthyreport to the Emperor from the
Finance Minister, the most important passages of
which are the following :

" The estimate for all departments of the Admi-
nistration are drawn up in a new form since 1863,
in accordance with the decrees to that effect. This
proceeding •enables the Council of the Empire to
scrutinise narrowly the grounds for all demands,
did gives the Budget the importance of an actual
financial bill. This is not only the' case with regard
to the totals assigned to the respective departments
as was customary previous to 1862, but prevents
the transfer of sums voted for one item being ap-
plied to another without an especial decree. This
reform, indispensable for a regular and well ordered
State, encountered various difficulties in the first
two years, so that it *as impossible to lay the Bud-
gets for 1863 and 1864 before his Majesty for ap-
proval until May. This year, however, the obstacles
have been removed, and the. Budget for 1865 can

therefore be submitted to the Emperor at the
appointed time.
"In the Budget for 1864 the total receipts were
estimated at 346,244,000 roubles ; in the Budget
for 1865 they are calculated at 349,945,000
roubles. An increase is expected in the follow-
ing items :—Ab.out 5,000,000 roubles upon spirit-
ous liquours, as the brandy duty has been raised
25 per cent., while several facilities have been
given to the brewing trade. The increase of the
duty, as was to be expected, occasioned a reductioh
in consumption, while the revenue rose. Two other
measures have also been taken to reduce the con-
samption of brandy in 1865 still further, without in-
jury to the revenue. The normal quantity distillers
are allowed to fabricate has been increased, and the

duty upon licences to sell brandy, the number of
which had recently much augmented, has been
raised. From these two measures an advantage of
5,500,000 roubles is expected to accrue to the re-
venue, while the increased facilities afforded to the
brewers will produce a decrease over half a million.
An increase of 463,000 roubles is expected from the
duty upon traders' licences. The duty on home
manufactured tobacco is expected to yield half a
million more in 1865. The profit upon the copper
coinage gives about the same sum. The postal re-
ceipts have risen 280,000 roubles, those from tele-
graphic service 172,000. The revenue from State
property has increased 3,250,000 roubles. Com-
munal dues are placed at 1,230,000 roubles higher
than in 1864, in proportion to the increased expen-
diture met from this source and especially applied
to the cost of post horses. The casual revenue has
increased 2,178,000 roubles. The total increase

from these and a few other unimportant sources
shows an excess of income of 16,814,000 roubles for
1865 over 1864.

" A reduction of the revenue has taken place in

trheietbfloellsowuipieigh rtehspeects:
grant of certain immunities to workers in mnes
direct—A
taxes,decre asoewoinf gl,4t7o9'otohoe
i
and factories, the equalisation of some classes of tax-
payers with other classes, &c. These immunities
have been chiefly occasioned by the abolition of serf
dom. The frontier customs duties have fallen off
6,800,000 roubles. Of this sum the decrease of
1,800,000 roubles is due to the removal of the export
duty upon goods and upon raw cotton, while the re-
mainder is chiefly occasioned bythe fact that the re-
venue from imported sugar and tea for the current bud-
get was estimated according to the actual import of
1863, but as that proved to be an abnormal year it was
thought sounder to calculate these articles at their

former usual rate. Chancery fees, fees for merchants,
licenses, and fees generally have yielded less by
1,180,000 roubles in 1864 than in 1863. The rent
paid for Crown lands has apparently diminished
2,837,000 roubles, but part of this increase has been
transferred to the following item (ground-rent paid
by State peasants and other' settlers upon Crown
lands), so that in reality no loss occurs. All the
above items, with a few of minor importance, show
a reduction of income amounting to 13,110,000
roubles, an actual increase of revenue of 3,704,000
roubles over 1864 being thus established.
" The expenditure of the Budget for 1864, in-
cluding the extraordinary military and naval items,
was estimated at 392,727,000 roubles ; for 1865 it
is 372,343,000 roubles, showing a reduction of
20,384,000.

" A larger increase of expenditure is shown in the

following items :—An amount of 4,652,000 roubles
to:the debt ofthe Empire for payments to the Anglo-
Dutch loan, for Treasury notts, and for the Metallics
and 5 per cent. notes issued by the Bank of the Em.
pire to strengthen its resources. An increase of
404,000 roubles is charged to the clerical depart-
ment, mainly to improve the position of the orthodox
clergy in the Western governments. The Widows'
and Orphans' Pension Fund in the Finance Depart-
ment requires an increase of 900,000 roubles, and
the funds to meet the charge Of collecting the taxes
make a demand for 2,959,000 roubles additional.

" The expenditure in the Ministry of the Interior
has increased 413,000 roubles in the Ministry for
Public Instruction 201,000 roubles, in the chief
postal administration 709,000 roubles, and in the
chief office of Works and Roads 1,652,000 roubles.
On the other hand, the amount fixed for the gua-
rantee of privaterailway companies has been reduced
()Wing to the rapid rise in their gross receipts, from
from 6,500,000 roubles, as stated in 1864, to
3,500,000 now. The chief reduction of expenditure
has been gained in the Ministries of War and Ma-
rine, by the replacement of those services upon a
peace footing. This amounts in the War Depart-
ment to 24,462,000 roubles, in the Marine Depart-
ment to 4,258,000, but, nevertheless, is still higher
than the normal estimate in time of peace.
" In view of the considerable reduction of the war

14 PRICE 4d.
STAMPED sd.

expenditure already obtained, your Majesty has
found it possible to turn our credit at home to pro-
ductive account. by the 5 per cent. prize loan. The
result of this operation secures the certainty of
speedy completion to the very important railway line
from Moscow to the Black Sea, and permits the
Bank of the empire further to develope its operations
for the benefit of trade and commerce.
" In the Budget for 1864 the general deficit which
had to be covered from extraordinary resources
amounted to 46,468,000 roubles; in the Budget for
1865, owing to the increase of revenue and the dimi-
nution of expenditure, it only reaches- 22,398,000
roubles. To cover this sum it is proposed to issue
four series of Treasury-notes, amounting to 12 mil-
lion roubles, to employ the remainder of the Anglo-
Dutch loan, being 7,484,000 roubles, and to make
up the 2,913,000 roubles required froM the lums
advanced by the Treasury towards the construction
of the Southern Railway line, and which were to be
repaid from the home loan."

The report ends with an expression of the Minis-
ter's hope that the time is near at hand when the
extraordinary expenses occasioned by political events
may be omitted without danger, and the resources
of the Empire be fully available for the great re-
forms undertaken by the Emperor, and the improve-
ment of the material condition of the great bulk of
the people.