The Sun.
London, England, 1834-01-13 00:00:00

The King'. answer to the address was as follows:
,

" Gentlemen,—l receive with swisfaction the expres-
sion of your wishes, and I find in it an additional pledge
of that loyal support which can alone give to all the
powers of the State that force and energy necessary to
accomplish the objects you have so well defined—that of
maintaining our institutions intact and pure against every
effort that would tend to destroy them or alter their
principles. That is the desire of France. It is by ac-
complishing it that we shall be faithful to our oaths, to
our duties, and that we shall justify the confidence the
nation has placed in us. I thank the Chamber of De-
puties for the sentiments it has manifested towards me.
I share in its hopes, and anticipate for our country a
futurity of peace, happiness, and liberty, that all my
wishes and efforts shall be directed to secure to her."

On the proposition of tLe President, the Chamber
decided that a commission nominated last session, for
the project of law relative to the Municipality of Path,
should continue its labours.
The President of the Council ascended the tribune to
make a communication from Government. This related
to a project of law concerning the officers of the army
and navy. This project had been presented to the
Chamber last session, but since then some modifications
had been made in it, the principal of which goes to est,_
blish a distinction between the rank and service of officers.
The rank is the property of the cfficer, but his right of
serving should remain subject to the control of the King,
who should have the power of dismissing from the army
any officer whose misconduct or incapacity might render
him unfit for the service.

The President of the Council presented a project of law
relative to the army of reserve.
The Minister of Finances presented a project of law
relative to the definitive regu!ation of the public expendi-
ture of the year 1834.
The Minister of Finances, on presenting the budget of
1835, said—" Gentlemen, the labours of the last session
were particularly directed towards the establishment of a
better order in the finances of the state. It was your
wish that the resources of the future should not be
exhausted by loans and payments by anticipation. The
laying down of this principle suffices to signalize the
session of 1833 as one of the most useful to the
country. But the putting in practice of such a principle
cannot be the work of a day. A state of armed ob-
servation has been imposed upon us, and in spite of all
our efforts, we are forced to declare that the year 1835
will not rearze all the hopes entertained in 1833. The
moment for allowing repo,e to pubic credit must be still
further deferred ; but we cm, however, at present an-
nounce, that the public revenue is on the increase; that
there is a perceptible augmentation in the receipts ; that
the general activity of commerce and industry, in bettering
the condition of the people has rendered more productive
the taxes, and raised the receipts to an amount beyond our
hopes." The Minister then proceeded to say—" The
budget that I here submit to your control estimates the
expenditure at the sum of 1,030,090,547 francs :
319,000,000 of this sum are set apart for the interest of
the public debt, and the payment of superannuated pen
'inners; 55,000,000 belong to the departments;
161,000,000 are absorbed by the cost of collecting the
taxes, repayment of overcharges, and non valeurs ; and
495,000,000 are allowed for the expenses required for
the Government, the administration, and the defence of
the country. The total sum of the credits required by the
budget of 1835 exceeds by 44,591,578 f. those of the
budget of last year.
The sum acquired for the service of the Consolidated
Debt amounts to 230,602,2371. This sum does not com-
prise the credit allowed to make up for the insufficiency e,f
the resources of the budget of 1833, nor of that destined
to extraordinary public works.
The floating debt, which on the 31st December last
represented a capital of 399,000,000, will gradually de-
crease on the realization of the terms of a projected loan,
and when thus reduced, a credit of 10,000,000 will suffice
to pay the interest.
The budget of the Foreign Department shows a diminu-
tion in the expense of the materiel, the 100,000 f. allowed
last year for the repairs of the Hotel Wagram ; but, on the
other band, it exhibits an increase in various items of ex-
penditure, amounting to 326,000 f.
The expenses of the University, which hitherto were
made up apart, are in the budget of 1835 joined to the
accounts of the Minister of Public Instruction ; the
expenses of which last department amount to 15,663,0001.,
in which sum 8,068,0001. are allotted to primary
instruction. The budget of the Department of
the Interior and of Public Worship, shows an aug-
mentation of 2,05,500 f. ; in which the expenses
of the Secret Service of the General Police figure for
1,234,500 f., and allowances to the persons condemned for
political offences for 220,000 f. But from this increase of
2,052,500 f. is to be deducted a diminution of 136,5001.,
which will reduce the increase in reality to a slim of
1,916,000 f.
The expenses of the Minister of Commerce and Public
Woiks exceed, by 3,315,000 f., the credits allowed in
1834 ; but this sum comprises an augmentation of
563,0001. for departmental and other disbursements, which
are to be repaid from equivalent funds. The increase,
therefore, at the charge of the Treasury, is reduced to
2,752,0001. The war budget of 1834 had been fixed at
220,311,2471. for an effective army of 286,011 men, and
56,765 horses. You are called upon, for the year 1835,
for an additional credit of 26,551,763.. in order to carry
the army to an effective state of 316,409 men, and 65,445
horses : and a still further sum of 10,586,000 f. for the
maintenance of 25,370 men, who are to form part of the
reserve.

There was allowed for the naval service in 1834 a sum
of 62,674,900 f. The demand for 1835 is 65,500,0001.
There was granted in 1834, for the administrative
service of the Finances, a credit of 23,297,400 f. The suns
required for 1835 is 23,622,7001. The Minister then
continued :—" Here terminates the enumeration of the
expenses required by the budget of 1835. Let us see what
are the resources we have to meet them. The receipts
have been estimated by those of 1833. Nothing gives us
reason to fear that the development of the national wealth
is likely to meet with any obstacle in its progress. On the
contrary, ev ry thing seems to predict a progressively
increasing revenue with the perfect establishment of public
order amongst us. One of the conditions of that order is,
that the laws regulating taxation should be strictly
observed all over the country. The sacrifices that these
laws require, and which we would willingly diminish, are
no doubt severe, but they bring their recompense. Taxa-
tion is the price of national independence, of individual
security—the guarantee of all legitimate interests. The
day that the state shall find itself without taxes, the social
tie is broken." The Minister then proceeded to enumerate
the different items of the ways and means. He said, the
produce of the Customs and the duties on navigation were
set down, for the year 1835, at the sum of 110,128,000 f.,
showing an increase over 1633 of 3 000,000 f.
The indirect taxes, exclusive of the product of the sale
of tobacco and gunpowder, are set down at 103,950,000 f.
showing a considerable increase over the year 1833, and
which at the same time demonstrates the return towards
order, and the progress of public prosperity. The Mi.
nister here entered into a series of calculations to show
that the expense of collection was not as considerable as
was generally pretended : the cost being, as be said,
in reality not more than 12,558,000 f. upon a revenue of
156,000,0001,

With regard to the excise and wine, the Minister said
that the objections so often urged against it were more
severe than judicious, but added that the Adminirration
would not be negligent of any improvements that could
Le introduced upon that subject. The Minister then
proceeded to point out the disproportion that existed be-
tween the receipts and the expenses, a disproportion
which would render necessary a loan. The total of the
expenditure amounts to 1,064,090,547 f., and the ordinary
receipts cannot be estimated at more than 996
,557,415 f.,
the insufficiency of the Ways and Means amounting to
7,538,132 E
Public order, said the Minister, in concluding, though
re established, has not as yet borne all its frnits: the
produce of the indirect taxes bas rill some progress to
make. With regard to the expenditure, some of the
heavitst items are still undecided. I allude, continued
M. ilumann, to the effective state of the army, the re-

serve, and the question of Algiers. The latter, in parti-
cular, requires the most serious consideration, as it in-
volves an annual expenditure of more than 30,000,000 f.
The Minister terminated by saying, that he could not
complete the Ways and Means of 1825 without asking
from the Chamber an extraordinary credit of 70,000,000 f.
—(Agitation.)
M. Datong moved that the law which had been an-
nounced relative to the pension list should be presented to
the Chamber.

M. Lepelletier d'Aulnay insisted that it would be neces.
sary to repel or modify the law upon military and naval
pensions passed in 1831, for otherwise they would have a
law which held out promises that there was no possibility
of fulfilling. The Hon. Deputy added, that considera-
tions upon the subject would be found in the report of a
commission nominated last session to examine the ques-
tion of pensions.
This report was o'dered to be printed and distributed.
The Minister of Finance presented a project of law re
lative to a demand of 14,613,000 f. for the supplemet.tary
credits of the budget of 1833, and of 11,667,000 f for the
extraordinary credits of the same year.
The Minister of Justice presented a project of law, in
eight articles, upon the responsibility of Ministers and other
agents of the Administration. This project modifies in
some important particulars that which was presented last
session upon-the same subject. One of the most striking
changes is that which refers to a particular and special
law every thing relative to the constitution of the Chamber
of Peers as a High Court of Justice.
M. Eschasseriaux announced that be would on Monday
move that the project of law upon the responsibility of
Ministers, which had been examined last year, and upon
which M. Berenger bad made a luminous report, should
be again brought before the Chamber, and discussed in
preference to that just now presented by the Minister of
Justice.

At half.past 5 o'clock the Chamber adjourned to Mon-
day, when the deputies will meet in their bureaux at 12
o'clock, and at 1 in the Chamber, for the discussion of the
proposed law upon the municipality of Paris.

FRENCH FUNDS.-Penis, JAN. 10.
Five per Cents., 1041. 00e. 1051. 10:f. 15c.
Four per Cents., 92f.
Three per Cents., 75f. 85c. 75c. 76f.
Bank Actions, 1,710 f,
Rente de Naples, 91f. 20c. 10c. 25c.
Roman Five per Cents., 92 %.
Rente d'Espagne, Five per Cents., IS 184.
Rente d'Espagne, Three per Cents., 39%% 40.
Royal Spanish Loan, 82 8214.
Rente Perpet. d'Espagne, Five per Cents., 644
Belgian Loan, 1831, Five per Cent., 1)7%%.
EXCHANGE ON LONDON.
One month, paper, 25f. 30c. ; money, 251.25 c.
Three months, paper, 25f. 15c.; money, 25f. 15c.
-('ours Authenlique.
FRENCH FUNDS.-Psnts, JAN. 11.
Five per Cents., 104 f. 70c. Wc. 105 f.
Four and a Half per Cents, 101 E 30c.
Four per Cents., 92E
Three per Cents., 75f. 65c. 50c. 65c.
Bank Actions, 1,710 f 1,707 f. 50c.
Rente de Naples, 911. 10c. 15c.
Roman Five per Cents., 92 91%.
Rente d'Espagne, Five per Cents., 18,4314.
Rente d'Espagne, Three per Cents., 39%41%.
Rente Perpet. d'Espagne, Five per Cents., 64 634 :".'Y •
Belgian Loan, 1831, Five per Cent., 97 96N.
EXCHANGE ON LONDON.
One month, paper, 25f. 30c. ; money, 25E 25c.
Three months, paper, 25f. 15c.; money, 25f. 15c.
-Coors Authentictue.