The Sun.
London, England, 1848-04-07 00:00:00

JOINT-STOCK BANKS.

Bank of Westmoreland, Kendal
Barnsley Banking Company, Barnsley
Bradford Banking Company, Bradford 41,305
Bilston District Banking Company, Wolver-
hampton . 9,226
Bank of Whitehaven, Whitehaven
Bradford Commercial Banking Company, Brad-
ford .... ...,
Burton, Uttoxeter, and Staffordshire Union
Banking Company, Burton-upon-Trent - 58,578
Chesterfield and North Derbyshire Banking
Company, Chesterfield
Cumberland Union Banking Company, Work-

7,515

ington
Cheltenham and Gloucestershire Banking Com-
pany, Cheltenham
Coventry and Warvvickshina Banking Company, _

Coventry
Coventry Union Banking Company, Coventry , 12,322
County of Gloucester Banking Company, Chel-
tenham
Carlisle and Cumberland Banking Company
_ _

- Carlisle
Carlisle City and District Bank, Carlisle 17,666
Dudley and West Bromwich nanking Company,
Dudley
Derby and Derbyshire Banking Company, Derby 20,112
Darlington District Joint-Stock Banking Com-
pany, Darlington 18,172
East of England Bank, Norwich
Gloucestershire Banking Company, Gloucester 124,420
Halifax Joint-Stock Bank, Halifax. 12,630
Huddersfield Banking Company, Huddersfield 31,800
Hull Banking Company, Hull 27,690
Halifax Commercial Banking Company, Ha-
lifax
Halifax and Huddersfield Union Banking Com-
pany, Halifax 25,789
Helston Banking Company, Helston 1,259
Herefordshire Banking Company, Hereford 16,428
, Knaresborough and Claro Banking Company,
Knaresborough 23,806
Kingsbridge Joint-Stock Bank, Kingsbridge 4,120
Lancaster Banking Company, Lancaster . 57,824
Leeds Banking Company, Leeds
Leicestershire Banking Company, Leicester .•• 66,118
Lincoln and Lindsey Banking Company, Lincoln 43,773
Leamington Priors and Warwickshire Banking
Company, Leamington Priors
Ludlow and Tenbury Bank, Ludlow
Moore and Robinson's Nottinghamshire Bank- 8,070
ing Company, Nottingham
Company, Nottingham ~,,,•_ .
Newcastle, Shields, and Sunderland .
.....
Stock Banking Company, Newcastle .. 1
....
......... t:
g. 11,160
National Provincial Bank of England, ..
ham, Head-office, 112,, .Bishopsgate-street
London
346,480
North Wilt:, Banking Company, Melk ........ ..
Northamptonshire Union Bank, Northampton. . 4438;957456
Northamptonshire Banking Company, North-
ampton
........ 21,120
North and South Wales Bank, Liverpool .......• 1403 G
Pares's Leicestershire Banking Company, Lei-
,
cester
Saddleworth Banking Company, Saddleworth... 1,682
Sheffield Banking Company, Sheffield 36048
Stamford, Spalding, and Boston Banking Com-
pany, Stamford
Stuckey 's Banking Company, Bristol Somerset-
shire Bank, and Somersetshire Bank, Lang-
port: ............................. .. ......
Shropshire Banking Company, Ifr nall ...
Stourbridge and Kidderminster Banking Com
pany, Stourbridge
Sheffield and liallamshiro Banking Company,
, 17,995
Sheffield
Sheffield and Rotherham Joint-Stock Banking
Company, St-ilioid
Swaledale and Wensleydale Banking Company,
Richmond .. . - 45,445
Storey and Thomas's Banking Company,
9,980
Shaftesbury
Sheffield and Retferd Bank, Sheffield . .
Wolverhampton ai id Staffordshire Banking Com-
pany, Wolverhampton
Wakefield and Barnsley Union Bank, Wakefield 11,283
Whitehaven Joint-Stock Banking Company,
W hitch aven
••26,285
Warwick and Le.ii;n.gton Banking Company, Warwick ...
trigia..
West of
South Wales District 31,868
Bank. Bristol .
Wilts and Dorset 130iiking. . 65,097
anking Company,
Company, Salisbury 56,764
West Riding Union B
dersfield
Whitchurch and Ellesmere...... ... ••
...................
25,742
Whitchurch ........... anking •
Company,
Worcester City and County.. ing Company,
yie.'ll' '1.,: ................ 2,970
Worcester... .. ..........
........ .. ....... ............. 4,289
York Union Banking
York City and County Bailing 'Co° ............ 70,971
Yorkshire Banking Company, LeeranY,York 82,237
. P. DEANS, Registrar of ..................
• Stampaucl Tuts, April 1, no, urns.

6,936

AMERICAN NEWS.

LIVERPOOL, THURSDAY MORNING.

MEXICO.

SUN, LONDON,

The New York packet-ship, Fidelia, Capt. Yeaton,
has arrived. She sailed on the 16th ultimo, one day
later than the John R. Skiddy, which reached this
port on Monday afternoon. Although the news from
the United States is meagre and unimportant, the
intelligence from Mexico will be perused with inte-
rest and attention.

The steam-ship Cambria had not arrived out at
New York when the Fidelia sailed. The Fidelia
does not bring any specie.

An arrival from Vera Cruz, at New Orleans, brings
intelligence that the attack made by the guerillas on
Colonel Briscoe, of the United States army, and a
small party under his command, had been successful
to a certain extent, inasmuch as the former captured
the mules belonging to the Americans, and burned
most of the waggons. Colonel Briscoe was compelled
to leave his killed and wounded behind him, and make
his way to Cordova.
The latest advices from the city of Queretaro state
that all was quite there, and that the idea of speedy
peace was the all-engrossing topic with the people of
all classes.

FRIDAY EVENING, APRIL 7, 1848.

the two children of the eldest son, William, were the
sole parties entitled to an interest in the property in
question. The present appeal was, therefore, against
that interlocutor.

Mr. Stuart Wortley and Mr. Anderson were counsel
for the appellants; and Mr. G. Turner and Mr. Holt
supported the decision of the Court below.
Mr. S. WORTLEY concluded hia reply to-day, and
Their LORDSHIPS postponed giving judgment till
Thursday next.

COMMITTEE FOR PRIVILEGES AND ELECTION FOR RE-

PRESENTATIVE PEERS FOR SCOTLAND.
The House will sit in a Committee for Privileges on
Tuesday next, April 11, for the purpose of taking into
consideration the resolution of the House of March 21,
with respect to the election of Representative Peers for
Scotland; also to consider the cases of
The Saye and Sele Barony;
The Crawfurd and Lindsay Peerage;
The Marquis of Drogheda', ',aim to vote for Repre-
sentative Peers for Ireland;

The Earl of Lanesborough's claim to vote for Repre-
sentative Peers for Ireland; and
Lord Dufferin and Claneboy's claim to vote for Re-
presentative Peers for Ireland.

ELECTION COMMITTEES.
BODMIN.

(Continued from our:Afternoon Edition of yesterday.)
The rest of the day was taken up with Mr. Sergeant
Wrangham'sl summing up on behalf of Mr. Lacy, and
Mr. Wordsworth's reply to the case of the petitioners
on behalf of Mr. Wyld.
The Committee adjourned at four, till eleven o'clock
to-morrow morning.

GENERAL COMMITTEE OF ELECTIONS.
The General Committee of Elections re-assembled
yer erday afternoon at two o'clock; Mr. Fox Maule in the
chair.
The parties engaged in the prosecution of the Chel-
tenham, Walsall, and Leicester petitions (being the three
cases which stood for nomination to-day) having been
called in,
The CHAIRMAN announced that in consequence of the
Election Recognizances Bill not having yet passed
through the Lords, they were not in a position to justify
their striking any ,petitions to-day, and as there would
be a further delay before the Bill could pass into a law,
the Committee had determined to adjourn the appoint •
mentof the Cheltenham and Leicester Committees till the
4th of May, and the Walsall, Dublin, and Longford Com-
mittees till the:Bth of May.
The Committee then adjourned.

IMPERIAL PARLIAMENT.
HOUSE OF LORDS, April 6.
The LORD CHANCELLOR took his seat on the Wool-
sack at Five o'clock.
ODD FELLOWS.

The Duke of WELLINGTON presented several
petitions from the societies of Odd Fellows, praying to
be put on the same footing as friendly societies.

ANSWER TO- THE ADDRESS.

Earl FORTESCUE, the Lord Steward of the Royal
Household, brought up her Majesty's answer to the
address of their Lordships, congratulating her Majesty
on the birth of a Princess. The following is the
answer :

"My Lords,—l have received your affectionate and
loyal address with the truest satisfaction. I sincerely
thank you for your congratulations on the birth of a
Princess, and the regard which you express on this
occasion for my person and family."
NAVIGATION-LAWS.
The Earl of EGLINTON presented a petition from
Glasgow against any alteration in the navigation-laws.
DENUNCIATIONS FROM THE ALTAR.
The Earl of MOUNTCASHEL presented petitions
from different parts of Ireland against denunciations at
the altar.
Earl FORTESCUE presented petitions from several
societies of Odd Fellows praying to be put on the same
footing as friendly societies.
Lord BEAUMONT presented similar petitions.
The Bishop of WINCHESTER presented petitions
from Winchester and Salisbury against the duty on
charitable bequests.
EASTER RECESS. _ . .

Lord STANLEY wished to know from her Majesty's
Government at what period they intended to propose the
adjournment of the House for the Easter recess, and for
what duration ; he also wished to know whether, sup-
posing the Jewish Disabilities Bill came up from the
House of Commons before Easter, it was their intention
to proceed with that measure before the Easter recess?
The Marquis of LANSDOWNE did not see any
reason, at present, why the usual coarse should not be
adopted, of moving the adjournment of tho House on
Tuesday in Passion Week, till the Tuesday week
following, nor did he see any reason why the measures
alluded to by the Noble Lord should interfere with the
adoption of the usual course.
PROPERTY TAX BILL.

The Marquis of LA NoDOWNE then rose to move the
second reading of the Property-tax Bill. The Noble
Marquis went at some length into the provisions of the
Bill and the exigencies of the State that required the
re-enactment of the property-tax for three years.
The ordinary revenue of the country, according to the
estimates of the Chancellor of the Exchequer, would
this year be below the demand upon it, and it was to
compensate the deficiency that it was proposed to con-
tinue this tax for three years longer. It had been said
that that deficiency might be obviated by a reduction of
expenditure, but it should be remembered that by far the
larger proportion of the revenue of the country was
pledged to the public creditor, and it was only on the
smaller portion that any economy could be practised.
The total amount of interest on the funded and unfunded
debt was, in the present year, 31,280,6001. As regarded
that sum, Parliament had no option. Now he would
state the sums in which they bad something like an
option. The estimate for the navy was 7,776,606/., for
the army 7,162,9961., and for the ordnance 2,924,8394,
making a total for military purposes of 17,864,4351.
In stating that, he was sure he had used no
argument to induce them to agree to that
amount. Those estimates were the same as those
of last year, except in two particulars, and he did not
think that that was a moment when they could safely
reduce their military forces. There were, in addition,
other items of expenditure amounting to 4,006,0001.,
making a total of 53,140,0001. to be provided for. He
would now state the items of income. The Customs' du-
ties would, it was estimated, produce 19,750,0001., and
the Excise 13,000,0001. These estimates were lower
than the actual amount produced by those branches of
revenue last year, the total estimates for 1848 being only
32,750,0001., while the revenue in 1847 was 35,044,0001.
The duties on stage-carriages were estimated at
500,000/.; stamp duties, 7,200,0001.; assessed taxes,
4,340,0004; and Post. office, 900,000/.; making a total of
46,050,0001. That was the whole ordinary revenue of
the country, and, under these circumstances, it was ne-
cessary to impose some additional tax to make up the
deficiency, amounting to upwards of 7,000,0001. Indi-
rect taxation was, doubtless, the best mode of raising
the revenue, but there were limits to it, and, in the
present instance, it had been deemed advisable to
recommend the continuance of the property-tax
for three years. The produce of this tax would
make the estimated revenue 51,950,000/., still
leaving a deficit of 1,750,0001., which would, however,
be met from the balances in the Exchequer, now very
large. There was one item of expense in the estimates
for the present year, however, which would not again
occur, namely, a sum of 1,100,000/. for the expenses of
the Kafir war, which had been happily terminated by
the energy and skill of the present Governor of the
Cape of Good Hope. He next felt happy to inform their
Lordships that there has been, for the last three years,
a balance of from 5,500,0001. to 6,500,0001. in the funds
of the Exchequer, which can be drawn on at any time,
whenever a deficiency in the income of the country
occurs, and he thought that there was a great advantage
in having such a balance in the hands of the Exchequer,
to meet such exigencies as the present times demand.
He should also add, that the events in other countries
fully justified the Government in protecting the security
of the Crown, and the peace and safety of the people.
Ile should, therefore, in conclusion, say that, considering
the great utility of such a measure, ho hoped that
their Lordships would join with him in supporting the
second reading of the Bill,
Lord STANLEY said that he did not think it neces-
sary to trouble their Lordships by following the different
arguments of the Noble Marquis (Marquis of Lans-
downe), because he fully concurred with them. Ho con-
sidered that it was very judicious to place this country
in a state of defence for the security of the Crown and
the safety of the British subjects. lie should at the same
time say that he fully approved of the opposition offered
by the House of Commons to the intended augmentation
in the income-tax, because such would lend it rather an
inquisitorial character, which should be guarded against
by every possible means, and he was assured that the
expenditure of next year would not be more than the
revenue. Notwithstanding his approval of the jealousy
evinced by the public and the House of Commons on
that point, he at the same time also approved of the
judicious regulation of the Government to keep at all
times in their hands a balance sufficient to make up for
any deficiency that might occur. He did not consider
that the sum of 1,100,0001., expended in carrying on the
Kafir war, should be attributed to one year, because the
same had been spread over two years, and he regretted
that Sir Peregrine Maitland, who served so honourably
in the Cape of Good Hope, should, through some
unfounded information to the Government, have
suffered so much both in his personal feelings and
pecuniary interests through such an information'
Ile should also say that, considering the events of other
countries, that nothing was more judicious on the part
of the Government than to keep up, and increase
necessary, the naval and military service of this cot; if
coun-
try. And he felt perfectly convinced that Government
could not reduce the taxation as had been suggested
by many Member of the House o! Commons, but
there was one specific method of
dieeffectings that,. namely,
by an indirect taxation, for a
as taxation is not
needed in any free country suchthis, except in the
dangers, difficulties, and emergencies of war.—(Hear,
hear.) He knew the feelings of the people on this sys-
tem of direct taxation, and could assurethe House that
the country did not consider it a temporary, but a per-
manent, measure, and as one dangerous to' their best
interests. He was willing to give his support to the
second reading of the Bill, but should at the same time
enter his protest against any system of direct taxation.
He hoped that, when this country would recover from
the paralysis under which she at present labours, Go-
vernment would retrace the steps they have taken re-
specting direct taxation, and so alter their present sys-
tem as to raise by the indirect mode as much as is re-
quired, because such a system as direct taxation is
obnoxious to their interests, and injurious to the well-
being of the constitution.—(Hear.)
Earl GREY said that he would wish to say one word
in reference to the expressions used by the Noble Lord
(Lord Stanley) relative to Sir Peregrine Maitland, lle