The Sun.
London, England, 1865-05-05 00:00:00

would be in every way mischievous, and that it
would be a dangerous precedent. He admitted,
however, that it was possible that the dealers
might have been misled by some expressions
of his in a former Budget, and he there-
fore proposed that all dates should be
struck out, and that the reduction should be made
to take effect from the Ist of June. This distinction
without a difference was agreed to, and there is no
reason to complain of it. Why there should be an
uncertain delay in the introduction of the bill for
enabling maltsters to pay by measure instead of by
weight is not very apparent, and as the Chancellor
of the Exchequer has not been able to grant them
the remission for which they have been agitating,
it is a pity that he cannot give his boon a little more
promptly. With the reduction of the Income Tax
no one could findfault, though Mr. HUBBARD found
occasion to censure the manner of its assessment.
It is to be hoped that Mr. GLADSTONE will take his
suggestion, and apply his vigorous powers to a more
equitable adjustment of the tax. He has proclaimed
its reconstruction to be a task beyond the capacities
of any Government, but there is an old adage of a
will and a way. If Mr. GLADSTONE would address
himself to the matter, and could succeed in putting
this important tax on a fair and proper footing,
he would confer a great and lasting benefit on
the tax-payers of this country. The Income Tax
is so sure and easy a method of raising the revenue
that there is little chance that any Minister will
allow it to remain long in reserve, so that it is a
matter of importance to us all that it should
be assessed with equity and discrimination.

BANK OF FRANCE.

PARIS, MAY 4.

The following is the return of the Bank of France
for the week ending to-day, together with the cor-
responding figures of the previous account :

DEBTOR.

May 4.

April 27.

fr. c. fr. c.
Capital of the Bank 182,500,000 182,500,000
Profits in addition to
capital (Art. 8, Law,
June 9, 1857) 7,043,799 16 7,043,446 40
Reserve of the Bank

and its branches 22,105,750 14 22,105,750 14
Reserve in landed pro-
perty 4,000,000 4,000,000
Notes in circulation
Banknotes to order and.
receipts payable at
- sight 7,330,414 13 5,568,493 37
Treasury account our-
rent creditor
Current accounts, Paris 141,051,928 78 124,865,558 70
Do. branch banks
Dividends payable 881,924 75 939,176 75
Discounts and sundry
interests
Rediscounted the last
six months

Sundries 15663,008 98 11;085;451 60

Total

CREDITOR.
May 4.
Cash in hand and in fr. c.

April 27.
fr. -c.

Branch banks
Commercial bills over-
due
Commercial bills dis-

counted, not yet due 266,419,110 21 256,563,077 06
DP. brunch banks 275-,026,658 276,241,709 —.
Advances on deposita
bullion 25,223,596 35 22,960,396 35
Do. branch banks 4,862,095 3,792,295
Do. on French Public

Securities 14,785,400 14,667,300
Do. by branch banks 9,362,950 9,096,250
Do. on railway shares
and debentures
D. branch banks 18,496,450 18,186,250
Do. on Credit Foncier
Bonds
Do. branches
Do. to the State (Con-
vention, June 10,
1857) 60,000,000 60,000,000
Government Stock re-
serve 12,980,750 14 12,980,750 14
Do. disposable
Rentes ImmobalisCes

(Law, June 2, 1857) 100,000,000 100,000,000
Hotel and furniture of
the Bank and landed
property branches 8,489,165 8,489,165
Expenses of manage-
ment
1,422,567 23 1,263,058 65

Sundries

Total 1,324,538,625 38 1,300,672,255 12
(Signed) The Senator Governor of the Bank of France
ROULAND.

Royal rational Lifeboat Institution,

A meeting of this institution was held yesterday,
at its house, John-street, Adelphi—The Right Hon.
the Earl Percy, M.P., president of the society, in
the chair. There were also present Thomas Chap-
man, Esq., F.R.S., Captain Sir E. Perrott, Bart.,
G. Lyall, Esq., M.P., Admiral W. H. Hall, C. 8.,
F.R.S., W. H. Harton, Esq., Admiral McHardy,
and Richard Lewis, the secretary.
The minutes of the previous meeting having been
read, a reward of £l3 was voted to the crew of the
Whitby lifeboat of the institution, for putting off
through a very heavy sea and saving 15 persons,
including the captain's wife and a lad, 12 years of
age, from the screw steamer Ocean Queen, of New-
castle, which was wrecked on the rocks off Whitby,
on the 19th ult. A reward of £5 was also 'voted to
the crew of the lifeboat :of the institution stationed
at Rosslare, County Wexford, for going off and
rescuing the crew of six men from the lugger Peep
o' Day, of Wexford, which was totally wrecked
during a strong wind from the E.N.E., on the Dog-
ger Bank off that place on the 21st ult. A reward of
£4 10s. was likewise granted to the crew of the
institution's lifeboat of Fowey, Cornwall, for putting
off and remaining alongside the Hanoverian galliot
Eintracht, which was in distress on a lee shore in St.
Austell Bay, during a verystrong wind fromS.E. on the
30th ult. Rewards amounting to £22 17s. were
also granted to the crews of the lifeboats of the
institution at Pembrey (Llanelly), Cemlyn, Port-
rush, and Cahore for different services during the
past month. Various other rewards were also
granted to the crews of shore boats and others for
saving life from shipwreck on the cast of the
United Kingdom. Payments amounting to £BOO
were ordered to be made on various lifeboat esta-
blishments. The meeting expressed the deepest
regret to learn of the death of Admiral R. Fitzroy,
F.R.S., and their sincere sympathy for his widow
and children. The gallant admiral had been a
member of the committee of management of the
institution for many years past, and was in every
way a valuable coadjutor in its humane work.
Lady Martin had forwarded to the institution a
contribution in memory of her brother the late
Admiral Sir Byam Martin, K.C.B. The Duke of
Leeds had also sent the institution a liberal annual
subscription of £lO, and £7 is. 3d. had likewise
been received from the Rev. W. Ll. Benyon, M.A.,
after sermons preached by him in Seale Church,
Surrey. During the past month the institution
had sent new lifeboats to Sunderland and Dunbar.
The cost of the Sunderland boat had been raised
in the town and county of Derby by Thomas
Roe, Esq., the mayor ; William Peat, Esq.,
and other friends. The lifeboat was sent to Derby
en route to its station, and a great demonstration
took place there on the 22d ult., on the occasion of
naming the lifeboat. Public demonstrations had
also taken place at Sunderland and Dunbar, on the
arrival of the new lifeboats at those places. The
institution had also sent a new lifeboat to New
Quay, Cornwall, to replace one previously there,
which had become unfit for service. The several
railway companies had, as usual, readily given free
conveyances over their lines to the lifeboats to their
respective stations. The institution had sent a
beautiful model of its lifeboat and transporting car-
riage to the Naval Department of the South Ken-
sington Museum. It was stated that the institution
was taking active steps to provide our seamen gene-
rally with a cheap and efficient lifebelt for use on
shipboard in cases of shipwreck. The Board of
Trade and the Commissioners of Customs had pro-
mised that their officers at the outports should ren-
der every assistance to the institution in carrying
out its benevolent object in this respect. It should
here be stated that much credit is also due to Mr.
Charles Kilburn, of Richmond, for publicly calling
attention to the necessity of providing our seamen
with a cheap and handy lifebelt on his own plan.
The proceeding's then terminated.