The Sun.
London, England, 1851-08-11 00:00:00

CHAIRMAN—Do yGU underotand what is lucent in
in that section ty " shares" there, the words being
" annuities, dividends, and shares ?"—lt appears to
mean the shares referred to in the preceding section,
which are shares of any public annuity.
By section 195, is there not an allowance claimed for
more than two children?—There is.

CHANCELLOR of the EXCHEQUER—Is there not an
abatement of duty in favour of persons having more
than two children, up to the extent of 5,0001. a•year?—
Yes.

5,000/. and upward:?—Yee.
Will you have the goodness to state what the amount
of exemption was?—lf the income of the party was 601,
a year, and under 4001., there was allowed for each child
above two, four per cent.; 400/. and under 1.000/.. three
per cent.; 1,0001. and under 5,000/., two per cent.; 5,0001.
and upwards. one per cent.
CHAIRMAN—Are there any other provisions made in
this Act which you wish to mention? Nut in the Act;
but I would refer to the discussion on the Bill. When
Mr. Addington introduced the Bill in 1803, it was in-
tended that the exemption should rot extend to incomes
arising from realized property. A debate took place on
the 14th of July, 1803, which is worthy of the attention
of the Committee. Upon that occasion Mr. Addington
gave way on the question of exemption, stating at the
same time the great difficulty that the executive officers
would have in carrying out the exemption upon incomes
from prnperty, when it came to be charged as it was
under this Act at its first source, because it necessarily
involved in some cases a repayment of the tax. It was
found so inconvenient and so difficult to carry it out,
that in 1806 it was entirely altered, and the exemption
confined to incomes arisin., from profits of trade, pro-
fessions, and public offices, and from property connected
with labour, with some few exceptions.
CHANCELLOR of the EXCITEQUEII--WaS not an Act of
Parliament passed in the 44th of the Icing, chapter 37,
to repeal so much of the previous Act as required attor-
neys, agents, and factors to retain and pay the duties
chargeable upon public annuities?—lt was.
Was not there a subsequent Act to obviate certain in-
conveniences experienced in the Accountant-General's
office in the Court of Chancery?—There was.
Was not there also more than one Act in the same
year, to regulate the appointment of commissioners, &c.?
—Yes; the 44 Geo. 111., c. 82 and 83. There was also
another, viz., 45 Geo. 111., c. 15, which imposed an addi-
tional duty of 11 per cent.
Were not all these Acts consolidated and amended is
the Act 45 Geo. 111., c. 49?—They were.

(To be continued.)

AMERICAN NEWS.

LIVERPOOL, AuG. 10.
By the Royal mail steam-ship Asia, Captain Jud-
kins, we have advices from New York direct to the
30th ult. She brings upwards of 128,3001. in specie
on freight.
From Havannah we have advices to the 22d ult.
From the New York Tribune we extract the following
important intelligence from that island :
" Our advices furnish us with full and important de-
tails in regard to the recent outbreak at Puerto Principe.
The pronuncianziento was made on the 4th of July,
signed by the leaders of the revolt, Aguero Estrada and
Pine, as provisional representatives, enumerating the
principal grievances which the island has suffered from
Spanish rule. This instrument declares that Cuba is,
and by the laws of nature ought to be, independent of
Spain. The first battle took place after the issuing of the
pronunciamiento. A party of Government troops which
had been sent out to make prisoners of the
Revolutionists fell in with a rebel force under Aguero,
on the 4th of July, at the foot of the Cascorro moun-
tains. On the previous day a skirmish occurred in
which the leader Sanchez was taken prisoner, and a, few
arms captured by the Spanish troops. In the
engagement on the 4th the Cubans numbered 200
men, and the Spaniards 300 men, consisting of 100
lancers and 200 infantry. After a contest the
Spanish troops retreated, having lost twenty-one killed,
including the captain, and thirteen wounded. The loss
on the Cuban side was slight. Twelve of the Spanish
soldiers deserted their colours and joined the patriots.
The effect of this battle was to inspire the people with
fresh confidence, and increased the number of insurrec-
tionists to over 1,000. They were divided into five
guerilla parties of 200 men each, which were stationed
in the strongholds about Casoorro and Puerto Principe.
They were drilled in military exercise and received ac-
cessions to their numbers. After the engagement of the
4th the Spanish troops fell back on _Principe, some
seventeen leagues from Cascorro. The announcement
of their detest produced great excitement among the
people of Principe. The general did not send out a
force in pursuit of the Cubans for fear of a popular
rising, and dispatched messengers to Havannah for a
reinforcement of 2,000 men."

I❑ the New York Herald we find a different state-
ment :

" We have conversed with an American merchant of
the first respectability, who loft Havannah on the after-
noon of the 22i inst.; he states that the Extra of the
Fanal of Puerto Principe, dated 17th of July, had been
received at Havannah on the 22d, by which it appears
two small parties of insurgents had taken up arms, thut
they were promptly defeated, and sued for a pardon,
which was granted by the Government of Puerto Prin-
cipe; that on the 17th of July the most perfect tranquil-
lity prevailed at that place; that no desertion of Spanish
troops had occurred; and that, in a word, all the re-
ports published in the papers of the United States have
been fabricated to deceive the public by the partisans and
abettors of the revolutionists iu Cuba and in the United
States; that no excitement or apprehension whatever ex-
isted at Havannah, and that the whole affair did not
amount to more than a riot. This is on the authority of
a gentleman last from that island."
The Havannah correspondent of the Herald gives,
however, a confirmation of the insurrection, describes
the tactics pursued by the rebels, and states that the
rebellion was general all over the island, and that de-
sertion prevailed to a considerable extent among the
Spanish troops. It is also stated that a body of 300
soldiers, under the command of General Conti, had
been captured by the insurgents. Amongst these
different statements it is difficult to decide upon the
true one.

General Lopez still remained at New Orleans.
The New York papers state that Jenny Lind will
leave New York for England on the 16th inst.
In the money-market demand had become urgent,
with rates at from 1 to 2 per cent. higher. The
stock-market had declined in consequence of the ex-
port of bullion. Exchange on London, 1104 to 110;
Paris, 5 10 to 5 121; Amsterdam, 411 to 41:1 ;
llamburgh, 3G to 36i ; Bremen, 78:1 to 79.
Several failures bad occurred at Philadelphia, o ne
a large commission-house, said to have issued acco
modation paper to a heavy amount.
In the cotton-market, the demand being active, and
holders keeping back, business became firmer, and for
some descriptions an improvement was realised. The
quotations were, however, a quarter of a cent below
those current on the 19th. The receipts at all the
shipping ports were 2,306,279 bales, against 2,027,397
last year.
The iron market was steady at previous rates.
Tobacco remained inactive.
Freights to Great Britain continued depressed. To
Liverpool, flour at ls. to la. I d. ; corn and wheat
4d. in bulk, and cotton 4s. per bale and id. per lb.
To London, flour at Is. 9d.; oil cake, 23.; tobacco,
30s. To Glasgow, lard and oil at 255.; flour, Is. 9d.
to ls. 10d., and cotton 3-16ths. The general tone of
the flour and grain market had been that of continued
dulness, without change in price. In the Havannab
sugar-market there had been little alteration; white
sugars 3;:e. to 42c. No change had occurred in to-
bacco. Exchange on London, 6 to 6i premium.
Freights were dull.

-THE GREAT EXHIBITION.
On Saturday her Majesty and Prince
_Albert,ace, attende after d
lengthened absence, visited the Cry stal P
by Mr. Dilke, who had returned fromthe Palace,
Paris jet„ to'eduring their
receive them. They were chiefly
°ccuPl ZJ during their
receive thorn. They were chi fly OcCUPO Zjllvereifl and
stay in inspecting the departments of the
the Northern States of Germany.
to 1,584/. 155., the
The receipts at the doors amounted
d the building being
number of persons who entered
of the reduced on-
-18,348. This is the first Icl,
C'd as many were probably not
may be regarded as satis-
factory, fee on Saturdays,
and
aware of the fact, the
seer of season tickets, also reduced
In the United States de-
factory. From the sled.
in price, 25/. was i
large packages have just been received.
partment 24 large Pa

.„-------
THE Qu ~.. - -
_,,s VISIT TO SCOTLAND.--Her Majesty
n-d to signify to the directors of the Great
has been Pleas"
Northern Railway her gracious intention of availing herself
of their line of
railway in her progress this year to Scotland.
This will be the first time that royalty has honoured this
great trunk line of communication by travelling on it, and
preparations on a most extended scale are on foot to secure
fort and convenience of the illustrious travellers. A.
the "n 1
royal carriage is being expressly prepared for the occa-
sion, by Mr. W illiams, of Goswell-street, the carriage-builder
to the company. It is to be eighteen feet long, and will be
elegantly furnished as a saloon. There will be a magnificent
couch at either end, and the whole is to be lined with
flowered Indian silk of the most costly description. The
ground of this gorgeous silk is pure white, and the flowers are
of the most delicately variegated tints, pale blue and pink
predominating. As at present arranged, her Majesty will
leave London on the 28th instant, proceeding by the Great
Northern as far as Nottingley, which is within twenty miles
of York. The York and North Midland will then convey
her Majesty to York, whence she will proceed northward by
the York and Newcastle, the Newcastle and Berwick, and
the Eastern system of lines.
A FUGITIVE MERCANTILE CLERK.— Messrs. Hor-
ton, Simms, and Ball, iron merchants, of Portu-street,
Man-
chester, have been robbed to a very large one
eano-f
their clerks named Schofield, who sailefdlflooarwAedmoenricwe,eidnnteshe.
Africa steamer on the 2d inst., and was
day by Inspector Buckley. of the Manchester eld
force, in the Baltic, with power totappr bdiemte.ctisvcebloiofilice
occupied a very influential pows
Morton, Simms, and Ball, and asin esteemedthe orE
office
the o f
deputyl‘lessrosf.
Mr. Ball, the managing partner. That gentleman has been
from home, and during his absence Schofield received sums
amounting to near 500/. from his fellow clerks, the whole of
which is unaccounted for by him ; and it is feared that he
has drawn other largeflecOullte which Were put intoi.l
hands to collect.

tvies; whether the proportions were fair, I ata\,noE
capable of judging.
'll§
Under that Act., what we call Schedules (I)) and (b)'` `"4l
were charged five per cent., the same as the othefe—
They were.
CHANCELLOR Of the EXCHEQUER—Does not the 81st
section of that Act exempt foreigners not resident in
the country from payment upon dividends in the public
funds?—lt does. _ _