The Sun.
London, England, 1854-05-02 00:00:00

trtirb 92bition,

SUN OFFICE, Seven o'clock.

NEWMARKET RACES.

(THIS DAY.)

(BY ELECTRIC TELEGRAPH.)
TWO THOUSAND GUINEAS.
THE HERMIT
Middlesex
Nine ran. Won by half a length.
SWEEPSTAKES OF 300 SOVS.
Cobnut walked over.
MATCH.—Umbriel beat Miss Sarah.
COFFEE ROOM STAKES.

Spin away......
Fact ...••• ••••

Two ran.

SWEEPSTAKES T.Y.C.

Guy Mannering
Sabra

Four ran.
QUEEN'S PLATE.

Shadidjah ............................................
Perfidious ............................................
Four ran.
HANDICAP SWEEPSTAKES.

Leybourne ...........
Child of the Mist . •

Five ran.
50/. PLATE.

Ariosto
Sackbut
Two ran

ONE THOUSAND GUINEAS.
Moresca, Odessa, and Mishap have paid forfeit.

IMPERIAL PARLIAMENT.

HOUSE OF LORDS.--(THIS EVENING.)
The LORD CHANCELLOR took his seat on the woolsack
at five o'clock.

Earl CLANCARTY presented a petition from three
parishes in Sussex against the use of dogs in drawing
carts.

The LORD CHANCELLOR presented a petition
from the royal burghs of Scotland against the bill for as-
similating the bankruptcy law of Scotland to that of Eng-
land, and praying for no alteration in the law until the
most ample inquiry by a commission similar to that
which had been appointed in England.
Lord BROUGHAM had reason to believe that the
mercantile classes in Scotland were generally in favour
of the proposed alterations.
INCOME TAX BILL.

On the motion for the third reading of this bill,
The Marquis of CLANRICARDE did not intend to
oppose the third reading of the bill at its present ad-
vanced stage, but there was one point on which nothing
was said during the debate last night, and with reference
to which he thought the house ought to have some expla-
nation from the Government—viz , what were the other
financial plans to be proposed before the close of the ses-
sion ? The Government had announced aloan, the tenders
for which were now in the hands of the Chancellor of the
Exchequer. This was to be repayable in three instalments
—in 1858, 1859, and 1860. The present income-tax
would reach its minimum point in 1857, and would alto-
gether expire in 1860, and accordingly additional bur-
dens would be thrown ou the country just in those years
in which the people expected to be relieved of a portion
of the income tax. This loan was, moreover, in direct
contravention of the understanding on which the income
tax was agreed to last session.
The Earl of GRANVILLE said, as the Chancellor
of the Exchequer would next week submit a financial
statement to the other house, it would be utterly im-
possible for him now to go into any details upon the
measures which the Government intended to submit to
Parliament.

The Earl of MALMESBURY considered that if the
Government had been sufficiently warned by their
agents abroad they would have made more prompt and
more satisfactory financial arrangements.
The Duke of ARGYLL deprecated the discussion as
irregular. So far from the correspondence in posses.
sion of the Government leading them to believe in war,
if the Emperor of Russia had adhered to the declara-
tions he had made there would have been no war at all.

After a few words from the Marquis of SALISBURY,
Lord BROUGHAM expressed an earnest hope if such
a pernicious tax as that on income was necessary it
would last no longer than the war.
The bill, after some further discussion, was read a
third time.