The Sun.
London, England, 1841-05-06 00:00:00

mil F. SUN, LONDON. THUM.;D iY. MAY 6,

month of January when Parliament was opened,
and announce it in the QUEEN'S Speech, as well
as the intention to get over it by abating the pro-
tecting duties." The CHANCELLOR of the Ex-
CHEQUER has given the answer. It is not yet a
twelvemonth since the additional taxes were im-
posed, and only nine months of the financial year
had elapsed on the opening of Parliament. In
the first half of the year, according to the CHAN-
CELLOR of the EXCHEQUER, the new taxes had
more than answered his expectations. The great
deficiency occurred in the last six months. It
was only partially known in January, and fully
ascertained at the beginning of April. The CHAN-
CELLOR and the other Ministers might hope, in
January, having•seen at times the great elasticity
in the resources of the country, that the revenue
would recover before the termination of the next
quarter; but it did not, and while their ignorance
and their hopes naturally kept them silent on the
subject in January, their full knowledge, and
their thorough conviction, compelled them to
speak when they brought forward the Buda-et. •

To us these circumstances seem to afford a full
and complete explanation why they did not men-
tion the Corn-laws in the QUEEN'S Speech, and
why they did on the 30th of April. We have
long known the ruinous effects of the Corn-laws.
The Ministers, unwilling to believe, only became
convinced when the starved people, obliged to
pay the landlord's tax before they could eat,
were unable to pay the taxes of the State, which
are huthanely levied, comparatively, at least, nu
something more ofa luxury than the staff of life.
A great outcry, however, is made about tl.e
propositions being submitted to Parliament on
the heels of a defeat. But the day for bring-
ing on the Budget was appointed before the holi-
days. It was by no contrivance of the Ministers
that they were defeated on the 29th, as the
CHANCELLOR of the EXCHEQUER had to make
his explanation on the 30th. He persevered in
bringing it forward on the day appointed; if it
had been postponed fur a week, the Tories might
have well said that the propositions of the
Budget were the offspring of disappointment.
Those circumstances exculpate the Ministers'
from the charge made by the Tories.
But then it is said, and this relates to tl
mode; " Why mention the Corn-laws in conjunc-
tion with revenue 1" Why, indeed ; because these
laws are the pivot on which the whole.prospe-
rity of the nation, including the revenue, turns.
They explain why there is so great a deficiency,
why the Customs and Excise are unproductive,
and why it is impossible to add to the taxes on
consumption. To bring forward a Budget with-
out mentioning the Corn-law, is omitting the
part of HAMLET from the play. The alteration
in them was looked to as a source of fresh life in
all the departments of the revenue, indepen-
dently of the sum expected to be directly deri‘&d
from the alteration. In those circumstances
we see an explanation of the conduct of Minis-
ters in making their propositions in the mode
and at the time they made them. The fierce
attack of the Tories is only a proof that they
have been deeply wounded by the blow : it rc-
mains for the people to complete the work, and
make the Tory wounds terminate in mortification
and death.

The Paris Journals of Tuesday have all reached
us. The Chamber of Deputies was discussing
the Budget for the year 1842. The speeches
were animated, but related only to questions of
domestic interest.

The Journal des Dcbats has a long and violent
article against the Cabinet for not having in-
voked the September Laws in the late prosecu-
tion of La France. The Debuts has no reliance
upon the honesty of a French jury.

The following extracts from the Journals con-
tain all the news of any interest in these
Papers :
The King this morning passed in review the ten new bat-
talions of the Ist Cha,seurs. The troops assembled at the
l3arriere du Trone, and marched to the court-yard •of the
Tuileries and to the Place du Carrousel.

At a quarter past eleven Louis Philippe, accompanied by the
King of the Belgians, the Duke of Orleans. the Prince dc
Joinville, the Duke of Nontpensier, Prince Alexander of
Wurtemberg, Maratal Soult, and a numerous staff, went along
the lines in the court-yard of the palace. The King then dis-
mounted, and delivered the colours to the chefs de bataillons,
making appropriate addresses to each.
The uniform is green, with blue trowsers, preen epaulets,
and yellow facings. The knapsack weighs about Itilbs. in
marching trim. The sword fixes to the musket, which has a
percussion lock. The officers have white silver facings. Ihe
uniform has, however, a dingy, dirty look, and the hated beard
and curled mustachio give a peculiarly ugly appearance to the
men. I saw two men faint from the heat, and it struck me
that they were not adapted for light skirmishing, but as I have
not seen them manoeuvre, I would not hazard a decided opinion
upon this point.
The last letters from St. Petersburgh announce that the
Autocrat, without combating the travelling mania which have
at all times been the predominant malady of his subjects, has
devised a remedy, which is purely in the form a tax. By an
ukase of the 20th April, the price of a passport to a foreign
country, which was till that time ten silver rubles, is raised to
twenty-five silver rubles. If the passport is for several persons,
master or servants, the tax of twenty-five silver rubles is
charged on every individual, and the pass is good for six mouths
only. The consequence is, that a Russian who travels in fo-
reign countries, of whatever age or station, has to pay a per-
sonal and additional tax of 200 francs per annum. We will
frankly own, that this is a trifle in comparison with the amount
of liberty obtained at that price by the temporarily emanci-
pated slave, and we will praise, without reserve and without
restriction, the magnanimous Emperor for his resolution.—
Le Constitutional.

_ .....
The Toulonnais of the 30th April, says :—" Several ships
of the line are going to Port Vendres, to take on board the five
battalions of chasseurs of foot lately formed at St. Omer's, and
to be on garrison at Algiers and Oran."
It is said that some ships of the line of Admiral Hugon's
squadron, will shortly return to Toulon. Those others which
have not yet quitted our harbour will join the squadron in
their stead.

A letter from Naples says that the young Princess of Salerno
's gang to marry the hereditary Duke o(Modena.— Le Corn
merce.

BOURSE.--PARIAH TUESDAY, MAY 4.

Brat Highest Lowest Last
Price Price. Pric. Pried
Irrepch `. ter Cents ll3 90 ... 113 90 ... I 3 75 ... 113 85
45 p.n. Cents ..... _
... 1.8 2,
... ~,., ,5
4 p.r Cents ..... .• 99 20 ... OS 20 ... 99 20
... 99 20
3 per Cent, 79 13 - 59 kU . 59 1U ... 59 211
flank of etance
...3180
Latlitte Rank 1,0001. Stares 111.5 ...INBS ...11 8.5 _lOB5
...,igtan Bank
1041 los'l ...10:0 ...IMO ...1040
5 per Cents.
New Loan 111V: ... 1156 .. 101% ... 1t.1%
inanish Active .414 ... 24% ... t:4,i, ... 2 %
Passive ................•• 5% ••• 5 i,, .. 5% .. 5%
Vearolitan lO3 SO ... 113 80 ... It; 80 ... 13 so
Roman ... .... Ir 4 ... 104 V, ... 104 ... 10:%
RAILWAY SHARES.

... ...._____.
St Germain .....—
712 50 ... „2 50 ... 712 59 ... 7'2 50
Versaillcs,it. B 361 ... ',6, ... 364 ... 305
L.B
geuen 4sti 25 ... 446 25 ... 4:5 ... 455
I,,ienn .
Mulhausen to Thann 44, ... 440 ... 440 ... 440
•i rs.uuig cf, Base

tiM.C4IAIa P UNDS—BRIMILLII, MAY 4.
Actual Debt, 21,4 per Cent.
Rothschild's Loan, 5 per C4nt ...... ........
Loan of Thirty Millions, 4 per Cent 1,21
--- 3 per Cent.
---•-Thirty.seven-- ........ 7014
..---,—..... (1 441) lt 03i
Loan of City, 183'2,4 per Cent Bl%
Socictyot Commarce, 450icr Cent lOO
Bank of Belgium, 5 per Cent .. 70
National Society.
Exchange on Londom (short)
•:—Brussels Papers, May 4.

BOROUGH OF PLYMOUTH.

In compliance with the requisition, of which the fol'owing
is a copy, 1 hereby announ'•e my intention to bold a public
meeting of the inhabitants of this town, at the Guildhall, on
Friday, the 7th of May inst., at twelve o'clock.
J. COLLIER COOKWORTHY, Mayor.
Guildhall, Plymouth, May 3, 1841.
" To the Right Worshipful the Mayor.
" We, the undersigned, being of opinion that the present
Restrictions and Prohibitions in the Commercial Code of this
Empire are in a serious degree prejudicial to the operations
and extension of its Trade, do request that you will be pleased
to convene an early
.meeting of the inhabitants of this Bo! ough,
to consider the propriety of petitioning. the Legislature for a re-
vi ion of the Import Duties.
" Plymouth, April 12, 1841."
( Here follow the signatures. )