The Sun.
London, England, 1851-02-18 00:00:00

TUES,DAY EVIENING,

be the case on every occasion that he has brought
forward a Budget. He might have learned a more
correct mode of calculation if he desired to learn, but
he does not wish to be taught. An under-calculation
of the revenue and an over-estimate of the expendi-
ture are convenient modes of escaping from the im-
portunities of those who are seeking relief from their
difficulties, and of devoting larger sums to his favourite
object, the reduction of the national debt (! I !),
than he would venture to apply if he re-
vealed the whole truth without fraud and with-
out •oncealment. Last year he thus allocated 750,0001.
of his anticipated surplus of 1,500,0001., the residue
being applied to the abolition of the tax on bricks
and the modification of the stamp-duties. It now
appears that the probable surplus on the sth of April
will be no less than 2,521,0001., and that the sum
applied to the reduction of the national debt during
the past year has been no less than 2,330,0001. In
one part of his speech he expresses a hope that he may
be able to ply off a nearly equal sum in the present year
while in another he allocates 1,000,0001. of his esti-
mated surplus to the same purpose. There is a pal-
pable inconsistency in this, that shows that in this
one respect Sir CHARLES WOOD is determined to do
more than he will dare to announce—that it is
but another sop to the golden idol, before which be
has already sacrificed his character as an honest and
consistent statesman. The surplus for the present
year is estimated at 1,892,829/., but no allow-
ance is made for the additional revenue that will be
obtained from the visitors to the Great Exhibition.
Sir CHARLES supposes that there will be a falling off
in the Excise. Now, without laying claim to any
extraordinary powers of vaticination, we venture to
assert that there will be a considerable increase, owing to
the consumption of exciseable articles by our numer-
ous visitors. There is in this respect, therefore, a
gross suppressio yeti, utterly unbecoming a Minister
and a gentleman, more especially as we believe it to
have been put forward for unworthy purposes.
The income-tax is to be continued in all its naked
enormity. The merchants, and traders, and over-
toiled professional men, are still to be subjected
to as heavy charges as the fundholders and land-
owners on their accumulated and realized property.
It is in Schedule B, and not in Schedules D or E,
that he would give relief if possible, and which he in-
timates is still open to discussion. Indeed he treats
the loud and general complaints on the oppressive, un-
equal, and unjust Mode of assessment with a degree
of supercilious insolence that may well excite the in-
Idignation of the • aggrieved parties. He emphati-
cally declares that "good arguosents may be adduced
for exceptions and allowances in every schedule,
except, perhaps, that of D, but for the maintenance of
that (he asserts), we are pledged to the fund-
holder !! ! " He forgets that he was himself once
one of the most strenuous opponents of this infamous
impost, and he shows how totally different his views
are on the subject from the community in general.
His pretended abolition of the window duties
will not deceive those whose hopes have been so
strongly excited during the past month. The tax
will henceforth be ,levied under a different name,
but,

" The roso by any other name will smell as sweet,"
and to all intents and purposes it is but a reduction
of one-third of the duty on existing houses, while a
new classs of houses, heretofore exempt, will be
brought under the burden. The other points in
which it is proposed to give relief are on coffee,
on timber, and on seeds for agricultural purposes,
while the expenses of pauper lunatics are to a certain
extent to be transferred to the Consolidated Fund.
There will also_ be a reduction in the sugar
duties, but for that there are no thanks to be given
to Sir CHARLES WOOD. The slave-grown coffee
will undoubtedly be benefited, and that will,
no doubt, be a consolation to those who have
already submitted to such considerable sacri-
fices to discourage the unholy traffic in human
flesh. We do not often agree with the Honourable
and Gallant Colonel the Member for Lincoln,
but on the present occasion we cordially concur
with him in stating, that " a weaker state-
ment never was delivered by a Chancellor of the
Exchequer of any party than that which has just
fallen from the Right Honourable Sir CHARLES
WOOD."

THE FRENCH REPUBLIC

We have received the Paris journals of yesteday.
The Thiers section of the Bourbonists has started
a new journal, entitled Moniteur de l'Assemblie. The
first number appeared yesterday, and contains the
following piece of " scandal" on the occasion of the
resignation of his command by General JULLIEN :
" General Jullien, One of the most distinguished offi-
cers of the army of Paris, has just sent in his resigna-
tion to the Minister of War. The revocation of General
Neutnayer and the resignation of General Jullien spring
both from one and the ;same cause. General Neumayer
was risvoked because he would not infringe the laws and
prescriptions laid dowtilby military regulations. General
Jullien, if we be rightly informed, has been obliged to
give in his resignation because of his open professions of
devotedness and respect for the National Assembly.
Thus are the best and noblest chiefs of our army obliged
to quit the ranks. .A.i.odd way truly to provide for the
defence of order by reisovitg its bravest champions' But
the army in France is, the' army of the law, and will
never become Janissaries.'

The Ordre, the other organ of this party, repeats
the tale of the resignation of General JIILLIEN, and
has, on the subject of the Conferences of Dresden, en
article which goes far to prove the existence of a com-
plicity between the members of the Bourbon party
and the Russo-Austrian league. It says—
"We have already related the rumour which attri-
butes to the powers represented at Dresden the resolu-
tion to allow Austria with all her states to enter into the
Germanic Diet. It does not appear that it is yet an ac-
complished fact, and certainly it is not as yet official.
We are assured, howevsr, that Government has conceived
the most strange designi in reference to this matter. It
meditates no less—and we would willingly be contra
dieted—than to make or this new complication of the
affairs of Germany, under-the ridiculous pretext that
the balance of power 'ia Europe has been effected, the
occasion of a political, demonstration, first, in the shape
of protocols, to be followed by an ultimatum, and in fine
by a casus

To this the Ordre objects as an unnecessary inter-
ference with the Northern Powers. Now, considering
that the all but avowed object of the coalition of the
Northern Powers is a Cossack invasion of France,
what are we to think-of the so-called champions of
order, who thus speak of it, bat that they would fain
renew 1616 for their own profit.
NARVAES has arrived in Paris.

The Bourse was dull, and public securities de-
clined. The Fire per Cents. opened at 96f. 80c., and
closed at 96E 50c. ; the Three per Cents. closed at
57f. 90c. ; the New Loan, 96f. 50c. ; Orleans Railroad
Shares, 887 f. 50c. ; Great Northern, 476 f. 25c„ ; Vier.
zon, 418 f. 75c.; Basle, 161 f, 25c.; Bordeaux, 398 f. 75c,;
Paris and Strasburg, 377 f. 50c.; Tours and Nantes,
252 f. 50c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THR
LONDON STOCK EXCHANGE, F. 17.
Boulogne and Amiens, 9% ex div.— Dutch Rhenish, PA
—East Indian, IVA—Namur and Liege, 9172—Northern of
France, 1514—Orleans and Bordeaux, 4—Paris and Stras-
bourg. 104—Rouen and Havre, 10%--Sambre and Meuse,
siA—Toss and Nantes, 6%.

SPAIN.
Madrid journals of the 12th have arrived.
The Gazette publishes the decree appointing Count
DE REVILLAGIGEDO political chief of Madrid. In
the Chamber of Deputies on that day General OR..
TEGA demanded explanations respecting the real
causes of the dissolution of the late Cabinet, and, in
doing so, made some rather severe comments on
some of the ex-Ministers. M. PEDAL made some
observations in reply, and referred to M. BRAVO
MURILLO in terms which caused that Minister to ad-
dress the Chamber in his defence; he afterwards
went on to intimate, that if the Chamber should not
give his Cabinet the support it required, he would
,me
PaRI
m,
probably proceed to a dissolution. Be said he
would not content himself with a position not
clearly defined, and appealed to all the frac-
tions of the Chamber for
he would not place himself under the exclusive
patronage of any one. Count DE SAN Luis, the ex-
Minister of the Interior, then psroLceoezdAeNdo
to
s. pk in
defence of General I•TeitYsEz• and support, d a
when the post closed. M. SEWA
and M. Mon, intended to speak, and the debate was
likely to be long and animated. It was doubtful
whether the result of it would be favourable to the
on
td declared
concluded
Ministry. M. FRANCIS CABELLO, formerly a Minis-
ter in a Progressist Cabinet, died on the 7th. An
aide-de camp of the Bey of TUNIS had arrived in
Madrid on a mission to the Government. The Epoca
says that the QUEEN has conferred the title of Count
on M. SALAMANCA, to recompense him for his ser-
vices in forming the railway from Aranjuez to
Madrid.

MADRID BOLSA, FEB. 12.—Three per Cents., 344;
Five per Cents., 14i. Exchange on London, 50 60
paper.
____

We understand that her Majesty has been graciously
pleased to signify her intention of honouring the Theatre
Royal, Haymarket, with her presence this evening.