The Sun.
London, England, 1853-04-19 00:00:00

LONDON, TUESDAY EVENING, A_PRIL 19, 185 a

ALLSOPP'S PALE ALE, in Bottle and Cask,
IMPERIAL MEASURE only, at the following prices :
Allsopp's Pale Ale, in Imperial Quarts .. • • • • • • • • Ss. AL per Dozen.
Allsopp's Pale Ales, in Imperial Pints.. • • • • .... 58. Od.
allsopp's Mild Ales, in Imperial Quarts •• Ss. 6d. „ =
Allsopp's Mild Ales, in Imperial Pints.. •• • • ss. 6d. ~
Allsopp's Strong (the Old Burton) Ale, in Impe-
rial Q tarts ••• • • • los. 6d. „
Allsopp's strong (the Old Burton) Ale, in Impe-
rial Pints.. • • .... •• •. • • ...... 6s. 6d. „
Allsopp's Pale Ale, 18-gallon Casks.. •• ••
Allsopp's Mild Ale, IS-gallon Casks .. •• •••••••••• • • • • • • • • • • 335.
tilsopp's Strong (the Old Burton) Ale), 15-galloa Casks ...... 455.
All Orders must be for Cash, addressed to
HARRINGTON PARKER,
Beer-Merchant, si, Pall-mall.

THE FRIEND of the CLERGY.
Founded 1849.
Supported by Voluntary Contributions.
For allowing Permanent Pensions, " not exceeding 401. per annum,"
to the Widows and Orphan Unmarried Daughters of Clergymen of
tile Established Church, and for affording temporary Assistance to
Necessitous Clergymen and their Families.
President —The Mot Noble the Marquis of SALISBURY, K.G.,
Lord-Lieutenant of Middlesex.
The THIRD ANNIVERSARY will be celebrated TO-MORROW,
April 20.
The SERMON will be preached before the Lord Mayor and
Sheriffs in the Parish Church of St. Mary-le-Bow, Cheapside, by the
R ght Rev. CONNOP THIRL WALL, D.D., Lord Bishop of St.
David's.
An Anthem will be sung by Gentlemen connected with the Cathe-
dral Choirs, under the direction of Mr. Francis.
Persons will be admitted exclusively by tickets, at Two o'Clock,
and the public without tickets at a Quarter before Three.
Divine Service will commence at Three o'Clock.
Tickets may be obtained at the Offices of the Institution.
A PUBLIC DINNER will afterwards be held at the London
Tavern, Bishopsgate-street ; the Right Hon. Lord JOHN RUSSELL,
M P., in the Chair.
Tickets, 21s. each, may be obtained at the London Tavern, and at
the Offices of the Institution.
Contributions are earnestly solicited, and will be gratefully received
by Messrs. Strahan, Paul, and Bates, 217, Strand; Messrs. Hanbury,
Taylor, and Lloyd, Lombard-street ; and at the Offices of the Insti-
tution, where every information may be obtained, between the hours
of Ten and Five daily.
STEPHEN J. ALDRICH, Secretary.
Society-,, offices, 18, 13asingball•street, London,
April 19,1863.

THE INDISPUTABLE LIFE POLICY
COMPANY.
No. 72, Lombard-street and 24, Connaught-terrace.
TRUSTEES.
Richard Spooner, Esq., M.P.
J. Campbell Renton, Esq., M.P. I James Fuller Madox, Esq.
Richard Malin% Esq., Q.C., M.P. William Wilberforce, Esq.
The POLICIES are INDISPUTABLE, in terms of the Deed of
settlement of the Company, duly registered, and are thus rendered
CERTAIN FAMILY PROVISIONS, and NEGOTIABLE DOCU-
MENTS OF SECURITY.
This Company has introduced, as more peculiarly applicable to the
Middle and Industrious. Classes, a plan of SELF-PROTECTING IN-
SURANCE, whereby in one Policy for one rate of Premium, are
combined an Insurance of a Sum payable either at death or on at-
taining a specified age, and a pension or annuity after that age ; and
riving the full benefit of all Premiums that have been paid, although
the payments should at any te be discontinued.
ANDER ROBERTSON, Manager.

HAND-IN-HAND II
No. 1, New Bridge-stree
Establishee
DIRECI

The Hon. William Ashley.
The Hon. Sir Edward Cost.
Arthur Eden, Esq.
J. Lettsom Elliot, Esq.
James Esdaile, Esq.
Harvie M. Farquhar, Esq.

NS-I:MANCE OFFICE,
t, Blackfritirs, London.
d in 1696.
TOM

John Gurney Hoare, Esq.
E. Fuller Maitland, Esq.
William Scott, Esq.
John Sperling, Esq.
Henry Wilson, Esq.
W. Esdaile Rinter, Esq.

LIFE DEPARTMENT.

This Office offers a low scale of premiums to Non-members, with-
out participation in profits; or a Member's scale of premiums, with
an annual participation in the whole of the profits after five full
annual payments.
In the years 1849, 1850, 1851, and 1852, the premiums of all Mem-
bers' Policies were abated 52% per cent.; that is to say, a premium
of 1001. was reduced to 471. 10s.
Insurances effected before the 24th June next will participate one
year earlier than if effected after that date.

FIRE DEPARTMENT. •
Insurances are effected on every description of property at the
usual rates.

RICHARD RAY, Secretary.

DR. KING'S SARSAPARILLA COCOA.

TO those under a course of Sarsaparilla or
Medical treatment this COCOA will be found an excellent be-
verage, instead of tea or coffee (which decidedly excite the nervous
system, and prevent medicine, particularly Sarsaparilla, from having
the desired effect). Invalids with weak stomachs will receive more
benefit from this pure Cocoa than any preparation, being made with
true cocoa nibs, combined with pure sarsaparilla, and rendered more
palatable.

In packets at ls. 6d. par lb., or 3 lbs. for 4s.
TAR AX ACUM, or DANDELION LIVER PILLS, possess proper-
ties of an alterative and aperient nature, and, as an adjunct with Dr.
King's Sarsaparilla Pills, have cured thousands of obstinate liver com-
plaints. The great advantage is, that they contain no mercury, act
upon the liver, stimulate the system, and give refreshing sleep, and
are the best aperient family pills, being mild in effect, and never en-
dangering the system like mercurial preparations.
In Boxes, at Is. lid., 2s. 4d., and 4s. 6d.

To prevent fraud, Henry Hides has caused his name to be put
upon the Government Stamp—without, none are genuine, and to
imitate which is felony. Sole Proprietor of
DR. KING'S SARSAPARILLA. PILLS,

an invaluable remedy for all skin eruptions, cooling and purifying the
blood, lojs of appetite, low state of system. palpitations of the
heart, indigestion, drowsiness, liver complaints, and general debility.
Sold by all respectable Medicine Vendors in the United Kingdom,
and by the Proprietor, in boxes at is lid, 2s 9u, 45 6d, II s, and 225.
A great saving is effected by taking the larger boxes. Be sure to
ask for Dr. King's Sarsaparilla Pills.
ICTIILWRF9IT7STREET, STRAND.
G R A

No other Packets

The Packets cal
PROI

V E S END S T A
PACKETS,
call at the Grays, Greenhithe, and Purfleet I
I at the Piers as underlined (weather pernaittl
kl TERRACE PIER, GRAVESEND.

ners.
[rig)

WEEK DAYS. SUNDAYS.
g g a al
Trace 3
A . .. Z r Time. S F 37. cg f i
. -
A' ° 6 '. 'l. A a ;
7% - - .-
"t 8 'A
11% 11%
3% 334
5
6% On Saturdays. oN

Direct

Omnib
every qu
BRUNS'

ins from the Boats marked f
from Fenchurch-street Station to
c of an hour.

all parts of London

he arrival of the fol-
:et Station.

""
:11HE PRESS."—Shortly will be Publashed
the First Number of " THE PRESS ;" being a Weakly
Paper, intended to till an obvious void in Journalism, mid to com-
bine, on a new plan, Political, Literary, and Artistic Reseurc es. To
be published every Saturday.—Office, 110, Strand, London, whize
all communications should be sent, addressed to the Editor.

UNITED KINGDOM LIFE ASSURANCE
COMPANY.
Established by Act of Parlianmenij in 1834.
8, Waterloo-place, Pall-mall, London.
HONORARY PRESIDENTS.
I Lord Elphinstone
Lora Belhaven and Stentol
William Campbell, Esq.. of
Tillichewan.

Earl of Con/gown
Earl Leven and Melville
Earl of Norbury
Viscount Falkland

LONDON BOARD.
CHARLES GRAHAM, Esq., F.S.A., Chairman.
CHARLES DOWNES, Esq., Deputy Chairman.
H. Blair Avarne, Esq. J. G. Henriques, Esq.
E. Lennox Boyd, Esq., Resideni F. C. Maitland, Esq
Charles Berwick Curtis, Esq. William Itallton, Esq.
William Fairlie, Esq. F. H. Thomson. Esq.
D. Q. Henriques, Esq. Thomas Thorby,
MEDICAL OFFICERS.
FIITSICIAN.—Arthur H. Hmsall, Esq., M.D., 8, Bennett-street,.
St. James's.
SVROEON.—F. H. Thomson, Esq., 48, Berners•street.
The bonus added to policies from March, 1834, to the 3
December, 1847,1 s as follows:

lium I Time Assured .
Sum addedto Sumaddedto Sum payable
issued., PolleyinlB4l P01104'11848 at Death..
£5OOO 13 years 10 mths 4638 6 8
£787 10 0 £6470 16 8
*lOOO ; 7 years •• •• 157 10 0 1157 10 0
500 1 year •• .. 11 5 0 511 5 0

• Exam ,La.—At the commencement of the year 1841 a person aged
thirty took out a Policy for 1,0001., the Annual Payment for which
is 24/. ls. Bd.; in 1847 he had paid in Premiums 168/. 115. Bd. ; but
the profits being 2% per cent. per annum on the sum insured (which
Is 221. 10s. per annum for each 1,000/.), he had 1571. 10s. added to the
Policy, almost as much as the Premiums paid.
The Premiums, nevertheless, are on the most moderate scale, and
only one-half need be paid for the first live years when the In-
surance is for Life.

Every information will be afforded on application to the Resident
erector.

BRITANNIA LIFE ASSURANCE
COMPANY.

1, Princes-street, Bank, London. ,
Established August 1, 1837.
Empowered by Special Act of Parliament, 4 Viet., cap. 9.
Camanzaw— Colonel ROBERT ALEXANDER, Blackheath Park.
ADVANTAGES OF THIS INSTITUTION.
A table of increasing rates of pre um, especially adapted to
the securing of Loans or Debts.
Half-credit rates whereby half the premium only is payable
during the first seven years.
Sum Assured payable at sixty, or at death if mewing pre-
viously.
Orphans Endowment Branch affording the means of having
children educated and started in life, by securing annuities, to com-
mence at the parents' death, and to be paid until a son shall attain
his 21st year, or, if a daughter, her 25th year of age.

BRITANNIA MITTIAL LIFE ASSOCIATION.

Empowered by her Majesty's Royal Letters Patent.

Annual division of profits.
Policy holders participate in profits after five or seven annual
payments, according to the table selected.
Premiums calculated for every three months' difference of age.
Half credit policies granted on terms unusually favourable ; the
unpaid half premiums being liquidated out of the profits..
At the Annual General Meeting on the 27th April, 1852, a reduction
of 30 per cent. was made in the current year's premium on all partici-
pating policies.
A Board of Directors in attendance daily at Two o'clock.
Age of the assured in every case admitted in the policy.
Medical attendants remunerated in all cases for their reports.

(PROPRIETARY.) I
Extract from the Halt
Credit Rates of 1
Premium.

(MUTUAL.)
Extract from Table with Participation
in Profits, after Seven Yearly
Payments.

quite unfit for a permanent tax, and only suitable as a tem-
porary expedient ; again, in a few minutes after, the serious
proposition was made to renew this temporary tax, which
had already lasted ten years, for seven years more, making
seventeen in all; at the end of which seventeen years Parlia-
ment might consider whether or not it could at last do with-
out it.
Again, after spending twollhours in'rproving that no altera-
tion could be made in the tax, but that it must be sevonpence
alike to all—to the millionaire or the little hairdresser, Mr.
Gladstone ended by practically repudiating his own doctrine,
for he proposed to confer this great blessing on two new

classes—:the Irish and the owners of incomes of 1001. a year,
and both these two classes are to be charged less than seven-
pence in the pound. Now, if the man of 1001. a year is to be
charged 5d., and the man of 150.;. a year 7d., it is clear that
the man who had 3001. a yeaw in the funds might he charged
7d., and the man who earned. 3001. as a village surgeon might
be charged only sd. Yet this last variation Mr. G. charac-
terised as destructive of the 'very principle of the tax, while
he adopted the fOrmer !

Ireland is to be subjected to the tax, after having been
exempt from it for ten years. But the chances are small in-
deed that such a scheme will be adopted.
Another obvious and very criminal inconsistency in Mr.
Gladstone's speech was this :—The first part of his speech
was devoted to raise up a class-jealousy; by making it appear,
that the opposition to an invariable income tax came from
trade, and was levelled against landed incomes. Mr. Glad-
stone spent a full hour in vindicating the landed interests
against the traders, who, according to him, were ready to
do the landed proprietors any injustice. But when he quitted
this part of the subject, he went over absolutely to the
Radical party, espousing their favourite scheme, of making
landed estates pay legacy duty. Thus, first he endeavoured
to defend an unjust income tax, by enlisting the fears and
jealousies of the landed gentry ; and having tried this expe-
dient, he next curried favour with the Radicals, by joining
with them in a positive and serious attack on the land.
The rest of the Ministerial plan is too full of small parts to
be described in a single article. Almost everything is
touched, and nothing settled. , Lord Robert Grosvenor having
carried a motion for the repeat of the duty on attorneys' cer-
tificates, the Chancellor of the 'Exchequer proposes to give up
one-third of the tax, if he may keep the remaining two-thirds.
Mr. Milner Gibson having Carried a vote for the repeal of the
advertisement duty, the Chancellor meets it by reducing the
duty to sixpence. And so in: several other matters.
The tea duties are to be 'lowered, very nearly in the same
manner as was proposed by Mr. Disraeli in his budget of last
December.

Some hundreds of articlem in the tariff are again altered.
Duties are lowered on ems,. cheese, butter, oranges, and
raisins.

The chief new feature is the entire remission of the soap
duty. But the accomplishmemt of this, the chief benefit con-
tained in the budget, must depend on the acceptance (4
the Ministerial plan as a whole ; and that, we confess, seems
to us as about as unlikely a thing as can be well conceived.
In fact, there are some points in the case which make us
suspect a scheme for a dissolution. And yet, as one of our
first statesmen lately remarked, it, will be an odd thing to
go to the country with an unmitigated income tax as a
rallying cry. Will " the tax, the whole tax, and nothing
but the tax," excite much enthusiasm in Bradford or in Man-
chester ! We shall see.

(From the Morning Chronicle)

It would be unsatisfactory, if not impossible, to express an
opinion at present on the great measure which was so fully
developed last night by the Chancellor of the Exchequer in
his financial statement. It will be more convenient to state
generally the proposals of the Government than to anticipate
the judgment which must hereafter be formed on the merits
of the most comprehensive Budget which, with one exception,
has been laid before the House of Commons during the last
twenty years. The great practical difficulty of carrying a
just income tax through Parliament, has probably been dis-
posed of by the resolution which the Government has taken
to provide means for the entire abolition of the tax at the end
of a definite period. By this arrangement, both the con-
ditions of the problem and the importance of a just solution
have been modified to a considerable extent. Mr. Gladstone
slightly touched on the extravagances to which the theories
of fanciful income tax projectors would lead, if they were
consistently carried out ; but it was beside his purpose to
supply the confutation which sound financial principles pro-
vide for the theory advocated in part by Mr. Hume, and to
its full extent by the actuaries.

It was fortunate, perhaps, that the arguments adapted to
the new arrangement of the income tax were of a nature to
influence the House more forcibly than any abstract econo-
mical theories, The extra percentage already paid by land
as compared with other sources of income—the injustice of
imposing any exceptional burden on the funds—and, above
all, the close reciprocal approximation of similar cases in
various classes—were never before so forcibly represented.
If the landowners vote for any amendment tending to increase

she disadvantage under whieh they are already placed by the

income tax, they will deserve to bear the Burden which
will be placed on their shoulders. But even in that case, the
ga
fundholder—that bloated monster, as Mr. Gladstone
torighwtho are
beprsootecoategder in tainsre-
quiring a special exemption. Under the head of the fund-
holders, as Mr. Gladstone touchingly showed, are included a
the humor-
ously
greedy described
ac t v him—willt iof those have
vea
classes
large portion of the most helpless and needy class of
the community. Their property was not capitalised for
taxation when it was worth only sixteen years' purchase ;
and assuredly Parliament will not force upon them a dis-
advantageous bargain, now that the national good faith has
raised the value of the reversionto double the amount. We
must refer to Mr. Gladstone's statement itself for innumerable
illustrations of the practical difficulties and anomalies which
would be involved in any concession to the clamour which has
been raised on this subject. The whole question, as we have
said, stands on a different basis, now that the probable dura-
tion of the impost is limited. Mr. Gladstone compared the
income tax to a weapon which might be hung on the wall or
taken down in case of need. In either case he is determined
to maintain it in a serviceable condition, and not to break up
a valuable implement in the hope of a reconstruction which
might perhaps be found impracticable. Seven years hence,
Parliament may possibly doubt the expediency of abandoning
I the main branch of direct taxation ; but the minister pro-
vides ample means for accomplishing an object which, on the
whole, ho thinks desirable. It may be hoped that this great
concession will obviate any serious contest on the question of
assessment. The Government will assuredly never give way
to the theorists ; and the only effect of a vote against the re-
newal of the existing tax would be that the country would
lose the various benefits of which it forms an indispensable
condition. To conciliate popular opinion, certain advantages
are to be allowed to those tax-payers who may invest certain
portions of their income. Should such an arrangement silence
opposition, it may be worth the trifling sacrifice of revenue
which it involves.

The estimated surplus for the year amounts to somewhat
more than 800,0001., and the half-year's addition on account
of the abolition of existing exemptions from Income Tax will
be 350,0001. The plans of the Government, however, require
larger resources. It is not for the purpose of maintaining a
mere balance of the revenue that it is proposed to continue
the Income Tax for seven years. Once, as the house was
reminded, the tax saved the country in war—recently, in
peace, it has achieved almost as great a triumph. It is for
the purpose of continuing the wise and beneficial process of
dealing with indirect duties that additional means are de-
manded. The principal novelty which is proposed consists
in the extension of the legacy duty to all successions on
death, and to that portion of real property which at present
escapes taxation. Rateable property, consisting of tenements
of all kinds, is to be included in the assessment ; but in con-
sideration of the exclusive burdens which it bears, it is to be
taxed at a somewhat lower rate. This new tax on property
would be lost, should any party in the House of Commons
succeed in carrying a proposal for the graduation of the In-
come Tax.

When the changes in both directions shall have come into
full operation, the increase of taxation will amount to be-
tween three and four millions, and the burdens remitted to
five millions. A well-grounded confidence in the elasticity
of consumption and production induces the Government to
make this great additional step in the path of economical re-
form. By the end of seven years, it is not impossible that
the revenue may once more have recovered from the reduc-
tions now proposed. But even should the increase be much
more moderate, the circumstances of the country are favour-
able to the bold experiment about to be tried.
It would be unfitting to present ',even this hasty sketch of
the Budget for 1853 without commenting on the speech in
which it was brought forward, which was one of the greatest
Parliamentary efforts that the present generation has wit-
nessed. In an address' sating for five hours, neither the
energy of the speaker nor the attention of the audience
flagged for a moment. In the statement of all that wilder-
ness of details, there was neither confusion, nor omission, nor
excess. Nothing obscure, and nothing irrelevant, disfigured
the unity and lucid clearness of the exposition. No sentence
could have been spared, and scarcely any addition could have
been desired. Nor was luminous exposition the only merit
of the Minister's speech. Whenever a trifling interruption
occurred, his answer was as ready and playful as if the
evening had been devoted to some casual conversation.
Earnest when justice was to be vindicated, and feli-
citous in exposing subtle fallacies, Mr. Gladstone rose
into a high strain of eloquence in his peroration, which
confirmed
ceodllebaygntehse and friends, was felt by its hearers to be something more than a masterly
burst of rhetoric. The applause of the House, and the cor-
dial
approvalwili
,woef the
can-
not doubt, be
community, which must eventually decided on the financial
congratulations
policy of the future.