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

IMPERIAL PARLIAMENT.

HOUSE OF LORDS, Feb. 15.
The LORD CHANCELLOR took his seat on the Wool-
sack shortly after Five o'clock.
Petitions were presented by Lord Stanley, the Earl of
Erne, the Earl of Bandon, the Marquis of Lansdowne,
and the Earl of Enniskillen, from various parts of the
country, against Papal aggression.
The Earl of CARLISLE laid on the table certain
Orders in Council.

The Earl of WINCHILSEA. presented petitions
from various parts of Kent against Papal aggression.
Earl MOUNTCASHELL presented similar petitions.
Earl FITZ WILLIAM presented a petition from a
place in Yorkshire, praying for the repeal of the duty on
paper, and the stamps on newspapers.
The Earl of Sl'. GERMANS presented a petition
from St :nebouse, in Devonshire, against the window-tax.
Lord BROUGHAM said he R billed to give notice that
on Friday next he would move the first reading of the
Bill for extending the jurisdiction of the county courts
to bankruptcy cases; and be would on that occasion
state the object and nature of the measure. He was
aware that it was not usual to make such a statement
until the second reading of a Bill; but he wished that
the measure should go before the judges, the members of
the bar, and the public generally, with some explanation
of its details.
Their Lordships then adjourned.

HOUSE OF COMMONS, Feb. 15.
THE BUDGET.

Montrose has, The House then resolved itself into a Committee of
Supply; Mr. BERNAL in the Chair.
The CHANCELLOR of the EXCHEQUER then
rose to make his Financial Statement. He said—Mr.
Bernal, often as I have on similar occasions ex-
perienced the
in
nt this
necd Hoofusteh,atl feel
kind that
neskindness
in addition
I never stood kindnessniore
than I do upon the present occasion, for my lion.
to the ordinary duties imposed upon a Chancellor
of the Exchequer in making his financial statement,
Friend the Member
called upon me to enter into some accounts of the inci-
dents of taxation for the year. I cannot ft • l
su cient y
describe the importance of the proposal which I
am about
to submit to the House, and the more
ties with which I am surrounded upon the present occa-
sion. When the income-tax was renewed is the year
r posperi y
1845, the country was in a state oft which
seemed to justify that renewal. In 1848 matters were very
different, and it is upon the statement of that year that
I have to submit the proposal to the House and to take
its sense. The proposal which was then submitted was
that the income-tax should not, if renewed, be extended
to Ireland.—(liear.) My objectis, I may say, to some ex-
tent altogether different.—(Hear.) In saying this I
must also observe that the matter with which we have
to deal is more a matter of anticipation than of retro-
spect, and the matter which I have now to bring under
consideration is not that which respects the past,
but the future, and the complexion of the
report which I have to submit to the House bears,
therefore, in that respect, upon the question. It is true
that the matters with which I have to trouble the House
bear upon four months of the last year, but they in no
respect affect the general question. The question which
the House will be called upon to affirm just amounts, in
As might be expected, the receipts
principle, to this.
from the corn-duties bad largely fallen off. During the
six months of the present financial year those duties
have only been 4i per cent. of the duties obtained in the
following year, and therefore the estim at e s to be
made up to the sth of April ou that account
will fall equally short. The intimation which I gave to
the House during the last sest,ion was that the probable
income of the country, up to April 5 of the present year,
would be 52,585,0001, It was in reality 52,810,0001., and
we have reason to expect . that during the ensuing
year it will be 52,656,000/. On the Excise.
there was an increase of 14,0§5/. on the quarter, and
opOn thv year 9169,0004 1 may therdue fly eltis