The Sun.
London, England, 1840-10-12 00:00:00

July
id.
October
id.
The increase in July 1840 over July 1839 must be
taken as apparent only, for were the amount of the
supplementary five per cent, tax deducted from the
half quarter, the difference between the two would
be about balanced ; whilst the extraordinary falling
off in the October quarter this year, with the whole
addition of the tax, as compared with that of last
year without the tax, can not fail to attract attention.
pitiable plight, endeavour
to account
aceTsuourenatirny cjuoonfrunsaels, in
confused style for this disadvantageous
state of financial affairs by the " rounds" of the col-
lectors being delayed for some three days, and by their
bille paid into the Exchequer not being yet due, and
therefore not taken into the quarter's account. All this
is absurd trifling with a matter of grave import. The
collections for the quarter may be all as well and amply
performed in one and the last " round" as in two ; and
we presume that the amounts of their collections
are not remitted to the Exchequer in bins, at 'six, or
three, or even one m. oath after sight. The deplorable
result of this financial exhibition, after all, can only be
attributed to the wretched system upon which financial
affairs have been conducted and tampered with for
some years past.
(From the Standard.)
The revenue accounts for the year and quarter
respectively, ending on Saturday, present a decrease
on the year of 676 856/., on the quarter 531,067/.
This, it is to be remembered, is a decrease from a term
which was inadequate to the public expenditure, and
a decrease, notwith;tatnaddidertioannboaiodgdiitoionforoofe
forfivemore
per
ctheannLatoqtnhaerttearx.es, that
could be a disheartening view cifour financial condition, if there was the least reason to
suppose that the decrease is the result of diminished
ability among the people, or of anything but an inju-
dicious and unjust distribution of the public burthen.
That the financial ability of the people generally is
not impaired, however, End that the distribution of
the public burthens is most injudicious, we have the
clearest wolf. We need not rest upon the pro-
blematical statement that the millowners of
Manchester have, in a few years, accumulate?.
more wealth than the whole aristocracy of the
United Kingdom ; we have better evidence in the
indisputable fact that sixty million§ of capital have,
es it were since yesterday, been sunk in railroads;
while achernes of colonisation arid of commerce have,
within the same time, ham undertaken upon a scale of
magnitude without example in the history of any
country. All this is doubly good—good as proof of
the resources of the country, and good as laying the
foundation of a vast accession to these resources.
But satisfactory as it may. ba to contemplate
this prodigious outlay, as the seed of wealth
to come, it is demonstrative testimony that
the public burdens are not judiciously and fairly dis-
tributed, when we fi i i, concurrently with this outlay,
the mass of the people unable to n'upport the taxes that
they have been accustomed to pay. Redundant riches
on one side, and growing poverty on the other surely
must remove all doubt that capital is augmenting at.
least as rapidly es is wholesome for the country ; why,
then, o.ueht not capital to hear its due share of taxation