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

LONDON, TUESDAY EVENING, APRIL 19, 1853.

ALLSOPP'S PALE ALE, in Bottle and Cask,
IMPERIAL MEASURE only, at the following prices :
Allsopp's Pale Ale, in Imperial Quarts .. •• • • 88. Od. per Dozen.
Allsopp's Pale Ales, in Imperial Pints.. ss. Od. „
Allsopp's Mild Ales, in Imperial Quarts • • .. • • • • 8s• 6d.
Allsopp's Mild Ales, in imperial Pints.. .....
Allsopp's Strong (the Old Burton) Ale, in Impe-
6d. ~
rial Q arts .... • .• .. ••• • • • ..... ▪ • • .....10s.
Allsopp's strong (the Old Burton) Ale, in Impe-
•••••••• • .. • • • • 6s. 6d. ~
rial Pints
Allsopp's Pale Ale, 18-gallon Casks.. •▪ • ...... .• •• • • 30s.
Allsepp's Mild Ale, 18-gallon Casks.. •••••• • • • • • • ••••• •• • • 335.
• • •
tilsopp's Strong (the Old Burton) Ale), 18-gallon •Casks ...... 455.
All Orders must be for Cash, addressed to
HARRINGTON PARKE%
Beer- M erchant, sj, Pall-mall.

lIE FRIEND of the CLERGY.
Founded 1849.
Supported b" Voluntary Contributions.
For allowing Permanent Pensions, "not. exceeding 401. per annum,"
to the Widows and Orphan Unmarried Daughters of Clergymen of
the Established Church, and for affording temporary Assistance to
Necessitous Clergymen and their Families.
President—The Most Noble the Martinis 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 gilt Rev. CONNOP THIRLWALL, D.D., Lord Bishop of St.
David's.
An Anthem will be sung by Gentlemen connected with the Cathe-
dral Choirs, under be 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 grateftilly received
by Messrs. Strahan, Paul, and Bates, 217, Strand ; Messrs. Banbury,
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's Offices. 18, Basinghall•street, Landoll,
April 19, 1853.

pliE INDISPUTABLE LIFE POLICY
COMPANY.
No. 72, Lombard-street and 24, Connaught-terrace.
Turns Es.
Richard Spooner, Esq., M.P.
J. Campbell Renton, Esq., M.P. I James Fuller Blades, Esq.
Richard Malins. Esq., Q.C., M.P. l• 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 dc -th or o at-
taining a specified age, and a pension or annuity after that age; and
giving the full benefit of all Premiums
di that hav
inued.e been paid, although
the payments should at any time be scont
ALEXANDER ROBERTSON, Manager.

HAND-IN-HAND I/
No. 1, New Bridge-street
Established
DIRECT

NTSIJRANCE OFFICE,
Blackfriars, London.
d in 1696.

The Hon. William Ashley. John Gurney Hare, Esq.
The Hon. Sir Edward Cust. E. Fuller Maitland, Esq.
Arthur Eden, Esq. William Scott, Esq.
J. .Lett
Elliot, Esq. John Sperling, Esq.
James Esdaile, Esq. Henry Wilson, Esq.
flarvie M. Farquhar, Esq. W. Esdaile Winter, Esq.
LIFE DEPARTMENT.
This Office offers a low scale of premiums to Non-members, with-
ou particiation•in profits ; or a Memr's scale of premiums, with
ant annualP participation in 'the whole of the profits after live 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 FIRE
after that date.
DEPARTMENT.
Insurances are effected on every description of property at the
usual rates

RICHARD RAY, Secretary.

UNITED KINGDOM LIFE ASSURANCE
COMPANY.
Established by, Act of Parliament 1141834.
8. Waterloo-place, Pan-mall. London.
HONORARY PREBLDENTS.
Lord Elpfilnstone
Lord Belhaven and Stenton
William Campbell, Esq., of
Ti lehewan.

r 1 of Celt rtown
Earl Leven and Melville
Earl of Norbury
Viscount FaliCand

LONDON BOARD.
CHARLES GRAHAM, Esq., F.S.A., Chairman.
CHA.RLEB DOWNES, Esq., Deputy Chairman.
H. Blatt Avarne, Esq. J. G. Henriques, Esq.
Lennbx Boyd, Esq., Resident F. C. Maitland. Esq•
Charles Berwick Curtis, Esq. William Ramon, Esq.
William Fairlie, Esq. F. H. Thomson. Esq.
D. Q. Henriques, Esq. Thomas Thorby. Eul•
MEDICAL OFFICERS.
Purstciarr.—Arthur H. Hassell, Esq., M.D., 8, Bennett-street,
St. James's.
SURGEON —F. H. Thomson, Esq., 48, Berners. street.
The bonus added to policies from March, 1834, to the
81st
December, 1847, is as follows:

Sum Time Assured. Sum addedto Sum addedto Sum Payable
vssured. PolicyinlB4l Policyin 1848 at Death.
, - - ---
£5OOO 113 years 10 mthe .£638 6 $ £787 10 0 £6470 16 8
*lOOO ' 7 years •• •• 157 10 0 1157 10 0
500 1 1 year •• •• 11 5 0 511 5 0

* EZINPLE.—At the commencement of the year 1841 a
person aged
thirty took out a Policy for 1,0001., the Annual Payment for which
Is 241. Is. Bd.; in 1847 he had paid in Premiumsll6B/. I Is. Bd. ; but
the profits being 2% per cent. per annum on the sum insured (which
Is 221. 10s. per annum for each 1,0001.), 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 five years when the In-
surance is for Life.
Every information will be afforded on application to the Resident
rector.

R-ITANNIA LIFE ;ASSURANCE
COMPANY.
1, Princes-street, Bank, London.
Established August 1, 1837.,
Empowered by Special Act of Parliament., 4 Viet.. cap. 9.
Casiamest— Colonel ROBERT ALEXANDER, Blackheath Park.

ADVANTAGES OF THIS INSTITUTION.
A table of increasing rates of pre urn, 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 slaty, or at death if occuring 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.

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 two hours in proving that no altera-
tion could be made in the tax, but that it must be sevenpence
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 1501. a year 7d., it is clear that
the man who had 3001. a year 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 lauded interests
against the traders, who, according to him, were ready Co
do the landed proprietors any injustice. But when he quitted
this part of the subject, he went over absolutely to the
Radical party, carousing 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 repeal 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 aro to be lowered, very nearly in the same
manner as was proposed by Mr. Disraeli in his budget of last
December.

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

The chief new feature is the entire remission of the soap
duty. But the accomplishment of this, the chief benefit con-
tained in the budget, must depend on the acceptance of
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
su

ispect'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
the disadvantage under which 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
fundholder—that bloated monster, as Mr. Gladstone humor-
ously described him—will have a right to be protected against
the greedy activity of those classes who are so eager in re-
quiring a special exemption. Under the head of the fund-
holders, as Mr. Gladstone touchingly showed, are included a
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