The Sun.
London, England, 1862-04-03 00:00:00

HOUSE OF COMMONS-THIS EVENING.

The SPEAKER took the chair at four o'clock.
The house was rather full, but not so crowded as is usual
on Budget nights, and contrasted strongly with the appear •
ance which it presented last session on the night when the
Chancellor of the Exchequer made his Financial Statement.

PRIVATE BUSINESS,
The following bills were read a third time and passed
—The Cirencester District Roads, and the Dollow and Kul
more Commons Inclosure.

PETITIONS.
Several petitions were presented in favour of an amend-
ment of the Irish Poor Law, for the reduction of the hop
duty, against the modified Revised Code, against the un-
conditional abolition of church rates, against the Local As-
sessment Bill, &c.

GREAT GRIMSBY ELECTION.
The following members, nominated to serve on the elec-
tion committee appointed to try the petition against the
return of Mr. Chapman, were summoned to the table, and
the committee obtained leave to sit to-morrow at twelve
o'clock :—Mr. Egerton %chairman), Mr. G. G. Glynn, Sir
A. W. Buller, Mr. Liddell, and Mr. Long-field.

HOPS.
On the motion of Mr. LOCKE, returns of the quantity
of British hops exported from the United Kingdom were
ordered.

MEXICO.
Mr. S. FITZGERALD gave notice that he would draw
attention to our relations with Mexico after Easter.
MONUMENT TO THE DUKE OF WELLINGTON.
Lord LOVAINE asked the First Commissioner of
Works how soon it was expected that the monument of
the late Duke of Wellington, in St. Paul's Cathedral, would
be finished, and whether the surplus of the sum voted for
the duke's funeral would be sufficient to defray the whole
cost of the work.
Mr. COWP ER said that an order had been given for
the making of the model three years and a half ago, and he
supposed the artist was preparing himself for his work by
preliminary study. (Laughter.)

UPPER STEPHEN-STREET, DUBLIN.
Sir E. GROGAN asked the Secretary of State for
War why the ground, at the corner of Great Ship-street
and Upper Stephen-street, in the city of Dublin,
which the War•office purchased several years ago, is per-
mitted to remain for so long a time in its present ruinous
and dilapidated state; if it be still in contemplation of the
War-office to build an addition to the Ship-street Barracks
on that ground ; and, if so, when the works will be com-
menced.

ADJOURNMENT FOR THE EASTER RECESS.
In reply to Colonel PATTEN,
Lord PALMERSTON said that it was proposed to ad
bourn on Friday, the 11th, or Monday, the 14th, accord-
mg to the state of business, and to re-assemble on Monday
the 28th.

THE BUDGET.
The house having gone into committee of ways and
means,

The CHANCELLOR of the EXCHEQUER then rose
to make his financial statement, and was warmly cheered. He
said that his duty en the present occasion would be more simple
than was usual an such occasions. After some preliminary
observations, ha said that the annual expenditure for last
year was estimated at £69,875,000, but at the time he stated
that that sum would be probably be exceeded, and it was
exceeded by between £200,000 and £300,000, or accurately,
£278,000. There had also been supplemental grants
amounting to £973,000 for troops to Canada,
and soma expense incurred in respect to China.
This made apparently a total expenditure of £71,374,000,
and an actual expenditure of £70,838,000, which was
£536,000 more than the estimated expenditure. The ex-

penditure for the financial year just ended was £70,838,000,

and the returns amounted to £69,674,000, which left a
deficit of £1,164,000. The supplemental charges were
£1,149,000, and, deducting the deficit, it followed that
the financial arrangement which had been made, deducting
the deficit, there was a surplus of income over expenditure
of £335,000. (Hear, hear.) This had been effected,
notwithstanding that the Government had surrendered
important sources of income, namely, £850,0,0 by the re-
duction of one penny on the income tax, £665,000 for six
months duty on paper, and the loss of the malt
credit, which realised the previous year £1,122,000.
There was an excess of £609,000 expenditure
over revenue, but it would be seen by an analysis
of the sources of revenue and expenditure that
there was no ground for discouragement. (Hear, hear.)

They must bear in mind that they had to contend with
he disturbance which had broken out in the United States

of America, which not only diminished our imports but
affected our trade. With respect to the revenue, the re-
ceipts for the past year amounted to £23,305,777, which
showed an increase, as compared with the preceding
year, of £1,103,000, and it must be borne in mind that
thie source of revenue was the one which was best calcu-

lated to teat the prosperity of the country. (Hear.) The
receipts of the Excise amounted to £19,435,000, which
showed that there was a decrease this year of £1,103,000,
which was attributable to the reductions which had been
introduced in the financial arrangements last year.
having referred to the expenses that had been incurred
with regard to China indemnity during the test year, he
said there had been of that indemnity one half of
the substantiated claims of the merchants paid,
which amounted to a sum that reduced the fund received
by Government £193,000 to £1,433,000. That amount re-

presented only the two former quarters, and no credit was
taken for the last two quarters. The estimates
for the army last year was £15,481,000, while
for the present year they amounted to £15,270,000
showing a considerable decrease, amounting to £20,000.
The estimate for the expenses for the navy was £11,800,1 00,
while for last year it was £12,276,000. Having gone through
the different sums of revenue and expenditure for the current
year, he said the former had been estimated at £70,190,000,
while the expenditure was estimated at £70,040,000, leav-
ing a balance in favour.of income. (Cheers.) The right hon.
gentleman then adverted to the losses which the country
sustained in consequence of the disturbances in America.
He next called attention to the treaty with France. Though
that treaty had not been carried fully into operation, there
f
had been an increase in the account of the export o
English goods to that'country during the last year of no less
than £3,895,000. (Loud cheers.) He contended that theyaountries
must infer from this that the commerce of the twot
Mr. Pitt
would be what nature intended it to be,
endeavoured to make it, and in its conditahinon
prejudice,
thewas widely dif-
ferent as possible from that to whfic
hissuccessors
the obstinacy, and the f011y... °res.) He cited figures
endeavoured to reduce it. (Greahtaree
increased with other
to show that our export tradef
the treaty, and that it had
countries since the adoption colonies.
With regard to the nicans
also improved with the colonthie
to ask the house forosedpublic service :for the of meeting the expenses ofp
any
pre-
sent year,
it was
not
P"-hear)—but the Government
additicnal vote—(hears
n duty
tradeuti i
it n
respect to trade
o r from other causes.
that might arise
any emergency that
cottoi
ise in ,
would reserve to themselves the right of meet-
ingonsequence
The only remission which was intended was of a trifling
and include
of the depression in
character, thel
the y
marks
and the inventory duty in Scotland, which
was equivalent to the probate duty in this country.
to charge was proposedarge 8
Itper cent. on foreign loans raised
in this country, which was merely a corolhiry to the prac-
tice which had been sanctioned of charges to
the same per cent, on foreign bills of ex-
change. Supplement al licenses were to be granted to
publicans to enable them to sell refreshments at fairs and
other places resorted to by the public, which would have
the effect of bringing them more under the control of the

I police. (Hear.) With regard to the falling off in the duty
derivable from spirits he attributed it partly to the increased
" . habits of sobriety of the people of the United Kingdom.
I(Hear, hear.) He did not consider that there should
be any alteration in this department of the Excise.
The malsters demanded that they should have six weeks'
more credit fur the payment of the duty than they at present
possessed, but considering their position he did not think
they had any ground for complaint. With respect to the
abolition of the malt duty, which amounted to £1,300,000,
he could hold out no hope even of its reducton.
As retarded sugar he thought that before any
alteration in the duty on that important article
Was made, there should be a strict and protracted
deliberation and the interests of all those involved in its
growth should be consulted. The penny paid on imports,
no doubt, was felt to be a hardship.
f LEFT SPEAKING.]