The Sun.
London, England, 1841-08-20 00:00:00

HAMBURGH

THE HAGUE, AUG. 17.—1 n the sittings of the Second
Chamber of the States General to-day, the Budget for the
years 1842 and 1843, and other onancial laws, were presented
by his Excellency the Minister of Finance, who, in a prelimi-
nary address, said that the Government would present the
Budget with the more confidence, as the total amount of the
expenditure will be coveted by the total amount of receipts,
without the introduction of any new tax, or the augmentation/
of old ones, and without having resource to any new loan.
The total estimated amount of the expenditure in florins is
71,388,103 65, and of receipt-71,353,551 92. The expenditure
and receipts for 1843 are nearly the same as for 1842.

EXPENDITURE IN 1842:--
1. The Royal Household.... 1,250,000
2. The principal Colleges 604,732
3. The Foreign Department
.. 580,000
4. Justice
4. Interior
G. The Reformed Church 1,434,14k
7. Homan Church......... 520,000
8. The Nary
9. Colonies 61:226
10. Finances* ...... '' ""
, 3
'1"
11. War Department
Of which the Netherlands Debt is 33,481 ,340.
The budget is accompanied by other projects of ./aw and
explanatory statements, the whole filling twenty-,..ne columns
of the official purnal.
His Royal Highness the Grand Duke of ;laden has arrived
at the Hague.
FLUSHING, AUG. 15.—The statue. of De Ruyter will be un-
covered on the 25th of this month iti the presence of the King.
Numbers of persons are expected to be present at the ce-
remony.

DUTCH FUNDS.—AMerxRDam,IIAu . 17
Actual Dab[, f2}i per C?nt /Money. Bills.
Jitto, Jitto, ditto 5 per ce".t.
A I»01 t Svntlie, 4V, per cent 9l 915 t;
Ditto, ditto.' percent
per cent 7SU 75X
Comtnercip: Company, 4!4 per cent 1554 158,
Ditto lo_ Company,
and 1837) 5 per cent. ......... 10IK 102
Loup 1837, 5 per cent. ...................... 97X
Exchange on London, One month.. / 05
Two months 1.,*„ 11 95
Ilarnburgh, One month .....
Two months 35 56U.
Dutch Papers, Aug. 18.
BELGIAN N U NDX—EaUse Auc. la. Actual Debt, 2% per Cent,
Rothschild's Lean, 5 per Clmt... 101 k
Loan of Thirty Millions, 4 per Cent.
9 per Cent
1840
t
1.0/11 of 1T32, 4 per Cent ......
Socl,et) el Commerce, 4 %per
931% Baur of Belgium, 5 par
NationalSeciety .
Exchange on London (shott)
........... .ll 95
--Brussels Papers, Aug.. le.
HAMBURG BOUSENHALLE, Acto.l4,

Thirt]

'4o'ven•

• Billi. 'Money
Austrian 5 per Cents. ............ ................ .... let —.I.
ARank Shares ..................... ••••••••••••••••• ..,- WO
:lido-Russian Loan ...... ................ ........ .... ..10.41; ai
IRussian 5 per Cent. Ist series, Certiticste ....... 10214 !
nscription, Ist SeLigs ..... .. ................ ......... .. 102 101%
Russian 5 per Cent. Hope and. Co. 3d ane. h
DiSeries . ....... .................. ..... ......... 99 97%
tto in Certificates ........ .. ............ —
Ncw 4 per Cent. (MO) .............. .. tesi, ~,,.......... 97%
Dutch Actual Debt, 2% per Cetir
. ~,,,„,,. ....... t.OX 4.6%
LOADitto 5 per Cr, I,t , .......... .....,.
.................„____
THE T

TO THE EPITORita ON SUGAR..
OF THE SUN.
Sin,--Havin,94 seen it asserted by a Noble Lord, that
t nnhe differentiP:4 duties, on sugar are only some 3-sths of
a Pe y, I determined to examine the subject myself,
and I And that they are nearly 4d. in the pound. The
protection which the West Indies possess, and whioli
protection operates as a tax upon the British public,
amounts to a greater sum than the poor-rates of the
country. I will endeavour to demonstrate• the truth of
this proposition : "West India sugar is admitted into this
country on the payment Of 245. for each hundred weight :
Brazilian sugar is admitted on paying 635. for every
hundred weight; so that the West Indian has an advantage
of 395. for each hundred weight of sugar. I use in my own
house, on an average, 41bs. of sugar each week, which
will be, for the year, 1 cwt. and 6-7 the ; and as I pay
395. per cwt, more for my sugar than what I should have
to pay if there were a fair trade in sugar (that is, the
Brazilians paying the same amount of duty as the Wiigt
Indians, and as the Brazilians buy a million, and a halt
more of goods from us than what the West
Indians do, they are entitled to sell on the same terms),
s isd a
this n interest.
year
36 .
Theso
the tax upon myselfand family amounts to 725. 6d. per
year for the benefite he I n
of
us the
West
poor-rate upon th
that I am taxed for the benefit of my own countrymen
365., and for the benefit_ of the blacks in the West Indian
islands lam taxed 725. 6d,
We are often told that the West Indians are good
o
customers of ours. They buy from us .3,303,441/, of
manufactured goods annually, and we have bought from
them on an average of the last two years, 3,079,664 cwts.
of sugar ; and as we have given them 395. per cwt. more
than what we could have purchased it at from the Bra-
zilians, if we multiply the quantity imported by 395., we
shall then see what we pay for the privilege of selling to
the West Indians the cheapest manufactured goods in the
world. The amount will stand thus:-3,079,664 cwts., at
395. per cwt..-6,000,344/. 16s. ; add to this sum the
cost of governing the West 1ndie5,:605,670/., and there
will be a total of 6,606,014/. ; -which sum we pay fbr
the privilege of selling 3,399,441/. of manufactured
goods. In other words, 2s. for the privilege of selling
ls. worth of goods ! Now, what shopkeeper could keep
his shop open on such a 'principle ? No one could ;
for the more business he did, the sooner his trade
would end.
The total amount of poor-rate for England and
Wales, in 1838, was 4,123,604/. ; being 2,482,410/. less
than what we are taxed in the shape of protection for
the benefit of the black labourers. And if we divide
this tax by the number of the blacks on the West In-
dian Islands, it will be about 81. for each—a sum double
what is allowed for the maintenance of an English
pauper in an union workhouse.

For whose benefit do we submit to an indirect tax of
6,606,1041. each year ? Is it for the purposeof further-
ing the ends of humanity ?. Is it for the purpose of
striking a blow at the slave trade ? Is it because the
law-makers of this country have a strong desire to bene-
fit the condition of the 800,000 black men who live in
the West Indian islands ? No such thing. The great
monied men, the members of the illouse of. Commons,
and the landed aristocracy of this country, own the soil
of the West Indies, and it is for their benefit that we are
taxed. In consequence of this tax, the blacks are enabled
to pay a greater rent to the owners of the soil ; in short,
it is another Corn-law.
Before this party will be conciliated, we must compen-
sate them in the same manner that we compensated thens
with 20,000,0001. for the emancipation of the black
slaves, which, if they reckon at the rate of twenty year**
purchase, will be more than 100,000,000/. If they win
only persuade us to compensate them for the loss of t!jeir
high rents, we shall then be at liberty to grind the 'Wick
men into coffee if we like.—l remain, yours respeetfuul
JOHN 11EY.WOOD.:'

Oldham-road, Aug. 11, 1841.