The Sun.
London, England, 1853-05-17 00:00:00

however, that the ill effects of the bygone system
are alone expounded. The Committee have by
no means restricted their exertions to the dis-
covery of points requiring remedy. They
have in addition 'to this employed every
means within their power, as far at
least as we can yet appreciate the value
of their proceedings, to discover the most effec-,
tual means by which those same points can be
remedied, and the best manner, indeed, by which
those same remedies can be administered.
That the chief of the monster grievances com-
plained of in the Report, the one principally affect-
ing the manning of her MAJESTY'S fleets, has been
of long standing in the service, is plainly enough
avowed to be the unanimous convictions of the
Committee. " The system itself," says the Re-
port, meaning that of entering seamen for short
periods of servitude and then discharging them,
"seems to be coeval with the first formation of
a Royal Navy." The more reason, therefore,
why care should be taken to render its eradication
complete and thorough. A grievance so old, and
consequently so widely diversified, must, if touched
at all, be torn up, root and branch. Such, hap-
pily, appears to have been the conclusion arrived
at upon the subject by the Committee during the
course of their prolonged deliberations. Occa-
sionally they may have blundered in their sugges-
tions, but not once throughout the Report, as far
as we have yet been able to examine it, not once
throughout the Report have they dealt with the
matter in hand delicately, or tenderly, or, in
other words, with any apparent disrelish
for innovation. What is also deserving Of
commendation in the Report is, the circum-
stance that it evinces a regard for morality, as
well as a regard for ability, in every part relating
to the interests of maitime education. Thus
(Sec. 19), while speaking of the judicious system
of schooling and training boys now in operation at
Portsmouth, and. elsewhere—a system which the
Committee suggests should be yet more largely
developed—the Report observes, " As these boys
should not unnecessarily be exposed at their
very early age to the influence of bad example,
we think their education might be more be-
neficially and uninterruptedly pursued if they
were removed altogether from the flag-ships,"
and thereupon follows a suggestion by which it is
proposed that the evil should bo obviated. So on
throughout the Report—as may be premised from
the summary published elsewhere in to-day's im-
pression—the Committee addresses itself to the
question under inquiry with a caution and solici-
tude eminently worthy of its great national im-
portance.

It is not merely in the refusal to interfere with
the Probate Duties, and in the continued ex-
emption of real and settled estates from the opera-
tion of that onerous and vexatious impost, that
Mr. GLADSTONE departs from the principle which
he so boldly and comprehensively enunciated in
the early part of his explanatory statement. The
tenour and effect of his argument was, that "there
must be an equalisation of the present system by
means of a general tax upon successions." It was
not merely the addition'al power which a source of
revenue so productive would confer on the Financial
Minister that constituted the chief argument in
its favour. That power would—according to the
Right Honourable Gentleman—be applied to very
important although rather conflicting objects.
Through its operation we may hope to witness the
final extinction of the Income Tax in 1860. And
by its means a fund is to be provided through
which, during that interval of seven years, great
and extended measures for the remission of in-
direct taxation are to be carried into exe-
cution ! Without waiting to inquire how
all these purposes are to be accomplished,
even by an additional revenue of 2,000,0001. per
annum, we may recognise the vast consequence
which Mr. GLADSTONB ascribed to an equitable
settlement of the question-when he observed, "But
I do not hesitate to say that behind, and inde-
pendent of all these, there is a purpose yet more
and more permanent in its character—namely,
the removal of an anomaly which is unjust in its
natures which is galling to the public feeling,
which becomes more and more galling from year
to year, and which we believe it to be for the
interest of all classes to settle at once and per-
manently, being convinced that the longer that
settlement is postponed the more difficult it will
be to achieve, and the worse will be the terms
upon which it can be effected." The abolition of
the Income Tax "great and extended measures
for the remission of indirect taxation " were as
nothing in comparison to the performance of a
great act of national justice.—to the alleviation
of the deep and burning sense of injury by which
those who had so long been defrauded must neces-
sarily be actuated, and the removal of the
anomaly, so unjust in its nature, and so galling to
the public feeling.
To show the extent of the grievance, he
declared that " he was not aware of any argument,
or shred of an argument, that could be brought
forward in defence of the exemption of settled per-
sonalty from Legacy Duty" —an d he justly censured
" the all but fraudulent arrangements, which are
perfectly senseless, having no meaning and no jus-
tification in themselves, and no rational purpose
to which they can be referred, except that of
evading the law." He also showed the injustice
of permitting realty, whether settled or unsettled,
to escape without contribution, instancing the
case of leasehold property, which was subjected
both to the Probate and Legacy Duties, and to all
the local charges on land, to the cost of stamps on
transfers, to all the burden of extra taxation under
schedule A, and to the land tax ! This glaring
grievance imperatively demanded redress—this
social evil required an adequate remedy. But,
alas ! the performance falls very far short of the
promise held forth the difference between
profession and practice becomes but too pain-
fully apparent when the principle is to be ap-
plied. So far as one-half the duties on suc-
cessions as at present levied, and that by far
the most vexatious portion, there is to be
no change ; real estates and settled personalty are
still to enjoy the exemption which the Right
Hon. Gentleman truly described as "so mon-
strous." The " all-but fraudulent arrangements".
—the " arrangements perfectly senseless, having
no meaning or justification in themselves, and no
rational purpose to which they can be referred,
save that of evading the law "—are still to be
efficacious to the extent of a moiety of the de-
mand, or at least the parties engaged in such un-
justifiable transactions are still to be permitted on
payment of an almost nominal duty of ss. per
1001. to avoid the charge of 2,3, or, in extreme
cases, 4 per cent. that would otherwise be im-
posed.
But this, bad as it is, by n• means shows the
extent of favouritism exhibited by the Right Hon.
Gentleman. He draws a new distinction between
rateable and non-rateable property, by means
whereof, while the full burden of the tax will fall
on invisible and non-rateable property, little more
than a moiety thereof will be imposed on rateable
property. This result will be attained, " not by
making a difference in the rate of duty," but by
providing that " the person succeeding to that
kind of property should never be charged with
the duty on any interest in the property higher
than his life interest," and he himself estimates
the effect of that distinction would be that
" rateable property would only have to pay about
one-half as compared with the amount paid by
property not falling within that description."
We find, then, that the charge "on succession"
to real property will only be one-fourth of that to
which unsettled personalty is subjected, and one-
third of that to which unsettled leasehold property
will still he liable.

There is also another boon to landowners.
Where a person inherits real estate, subject to in-
cumbrances, he is not to be charged on
the value thereof after deducting the burdens.
No, he is only to be charged on his life interest
in the balance of his income. In the illustration
which the Right Honourable Gentleman gave of
this partial exemption, he supposed an estate
worth 500,000/., and mortgaged for 300,0001.
—the balance of the capitalised value would be
200,0001., but the balance of income would be
but 1,100/. or 1,2001. a year, the life interest