The Sun.
London, England, 1851-03-07 00:00:00

COURT CIRCULAR.

Their Royal Highnesses the Duke and Duchess de
Nemours visited her Majesty yesterday at Buckingham
Palace.

His Serene Highness Prince Victor of Hohenlohe
Lauenbourg left Clarence-house, St. James's, on Wed-
nesday evening for Dover en route to Venice.

THE INCOME-TAX.%
LORD BROUGHAM'S RESOLUTIONS.
The following are the resolutions on the subject of
the income-tax which Lord Brougham laid on the table
of the House of Peers last evening:—
" 1. That a direct tax upon income ought never to
be resorted to unless in some great emergency of public
affairs, when an extraoroinary expenditure may become
unavoidable for a time, or in some pressure upon the
finances of the country which can be sustained by no
other means.

" 2. That it behoves the Parliament, as faithful guar-
dians of the people's rights and interests, to take care
that during the temporary existence of this tax its pres-
sure shall be distributed in such a manner as shall make
it be most easily and most patiently borne.
" 3. That, with this view, it is expedient to make
distinction between income arising from capital of every
description and income arising from laboar merely, levy-
in smaller proportion of the latter income than the
furg a
furmer.

" 4. That, with the same view, it is expedient to make
a distinction between income possessed by persons who
have only an interest in the same for their lives, or for
some lesser term, and income possessed by persons who
have an interest in the capital whence the income arises,
levying a larger proportion of the latter income than of
the former.

"5. That it is neither consistent with justice nor with
sound policy to levy a greater proportion of tax upon
larger incomes than upon smaller; and that an exemption
of even the smallest incomes from the operation of the
tax can only be justified upon the supposition that their
owners are wholly unable to pay it.
" 6. That no modification can remove its inquisitorial
operation, which is equally vexatious, whatev(r be the
sums levied, and falls exclusively upon acme classes of the
community, while other classes escape from it only by
being compelled to pay in a larger and unequal pro-
portion

. That no modification can remove the injustice and
inconsistency of making money previously invested in
improvements, or in trade, and which yielded for some
years no income, pay a►s soon as it yields the • xpected
profit, this imposition being, in fact, a tax, not upon in-
come, but upon capital.
" 8. That, besides all its other defects, an income-:ex
is objectionable as offering, by the facility of raising its
amount according to the supposed exigence of the
public servico, a constant temptation to extravagance
on the part of the Government, removing the most
effectual check upon improvident expenditure, and dis-
pensing with the necessity of seeking a revenue i❑ re-
trenchment.

" 9. That this tax being of all others the wont,
with the exception only of taxes upon food, upon law
proceedings, and upon knowledge, it ought on no ac-
count to farm part of the ordinary revenue of the
Stat., but to cease with the necessity which alone could
justify its imposition._

" 10. Thai, while it is the duty of the people to bear
those burdens which are necessary for supporting the
credit of the country and maintaining the security of its
widely-extended dominions, it is equally the duty of
Parliament to afford them every procurable relief, by
enforcing strict economy in all the departments of th•
public service; by discouraging all proceedings which
may endanger the continuance of peace, and by adopting
whatever measures may best eondum to the improve-
ment of our national resources."

SALE OF ENCUMBERED ESTATES.
DUBLIN, WEDNESDAY.—The extensive estate of
Francis and Walter Butler, in the county of Galway,
was yesterday
andrdaysfoeldtchbeydthl,
elCoor
a isssiuomne, asrs stated
. t wasbsy .
et up
in
Lewis, the solicitor having the carriage of the sale, to
be less by 20,0001. than the encumbrances upon the pro-
perty. The following are the principal lots:—
Lot I.—The demesne and house of Cregg, with the
townlands of Seariff and Knocktoby, situate in the
barony of Kilcarton, and said county of Galway, con-
taining in all 667 a. ir. 39p. statute measure, or 4125.
2r. 31p. plantation measure, let and valued at the yearly
rent of 4271. 7s. Tithe rent-charge 74 4s. 7d. Net
profit rent, according to the rental, 4201. 9s. sd. Grif-
fitb's valuation, 288/. 193. 11d. Mr. Eyre Evans was
declared the purchaser, in trust for the petitioner, for
4,000/. The were only two competitor"?` for the lot.
Lot 2.—Townland of Ballygegan, in
said last men-

tioned barony and county, containing 109 a. 2r. 18p.
statue measure, let to one tenant under a lease for three
lives (two dead), and for 31 years from the Ist of May,
1825, at the yearly rent of 661. Also the townlands of
Barra and Drumgooaun; the entire containing 379 a. 2r.
7p. statute measure, and let valued at the yearly rent of
2231. 6s. 13d. Griffith's valuation, 1731. 12s. 8d ; tithe-
rent charge, 4/. 14s. 10d. Quit rent, 31. 7s. 114 d. Net
profit rent, per rental, 2151. 4s. Oid. Mr. Eyre Evans
became the purchaser of this lot, in trust for the peti-
tioner, fur 2,6001.

Mr. Eyre Evans also purchased the four remaining
lot?.

RAILWAY INTELLIGENCE.
MID.KENT AND DOVER (LANDOWNERS' LINY).--Th•
Select Committee of the House of Commons on standing
orders have decided that the standing orders ought not
to be dispensed with in this case.
YolutsmaE AND LANCABNIRE.—Great regret is OX-
ON TRAFIC.—
pressed by the shareholders in this company that no
amicable arrangement has been come to with the fifths
shareholders. The effect of a termination of the dis•
calculate that
putes between them and the directors would be to raise
weekly receipts
the shares of all classes of stock 10 or 15 per cent. -
THE EFFECTS OF THE EXHIBITION
The directors of the Midland Company
Ewaeset
ek
rinn
directors the
duri❑g. the Exhibition months theiro
will exceed
averaging in the summer months 25, 001.,
Peet that their traffic will
T4oh,ay, June, and July.
eo°SooLu per
-
be nearly doubled. _

THE t`,COrrISH LINES.--It is stated that the saving
in the working expenses of the Scottish Central, the
Scottish Midland, and Aberdeen lines, which will be
effected by the arrangement just entered into to work
them conjointly, will be upwards of 10 per cent., so that
a line worked at 45 per cent. of the receipts will hence-
forth be worked at 35 per cent.

RAILWAY TRAFFIC RETURNS.
THE GREAT NORTHERN RAILWAY.—(MiIes in work, 236.)
•Return of Traffic for the Week ending Feb. 23, 1851:

Passengers, parcels, carriages,—
horses, dogs, and mails ... £3,706 0
Merchandise and minerals ... 3,848 2 5
Cattle ............145 8 1

Total .. ....£7,699 511
Corresponding week, Feb. 24, 1850 (143 miles) :
Passengers, parcels, &c. ... X 1,3 0
Cattle ... 1,62199 16 3

... 2,913 • 3
EASTERN COUNTIES
.AND NORITOLK RAILWAY. Traffic
return for the week ending March 2
Passengers, parcels, Sce.
...£6,080 0 9
Merchandise, cattle, and cartage 6,458 17 3

Total

Total ... ...
...
L 12,538 18 0
Corresponding week of 1850 ... 14,208 17 4
SHREWSBURY AND BIRMINGHAM RAlLWAY..—Traffic re-
ceipts for the week ending March 2 :
Passengers
••• .•. ••• £269 13 10
Carriages, horses, and parcels ... 18 14 10
Live stock ••• 21 6 1
••• •••
Merchandise and minerals ..• 241 1 0

Total .. ... ... £55015 9
Corresponding period last year.. 872 5 1