The Sun.
London, England, 1860-08-21 00:00:00

AUSTRIA.

The following are the principal passages of the
, report which the Austrian Minister of Finance,
as mentioned by telegraph, has addressed to the
Emperor Francis Joseph on the financial situa-
tion of the empire, and in which he proposes
expedients to cover the deficits of 1860 and 1861 :
—" In the budget of the present year (1860)
the deficit is estimated at 87,700,000 florins
(each 2fr. 40c), to which must be added 7,600,000
florins of expenses not foreseen when the budget
was drawn up, so that the total deficit is about
95,300,000 florins. On the other hand, the ex-
penses of administration are less than was antici-
pated for the first six months of 1860, the civil ones
being 3,370,000f1. The Minister admits that the
civil administration will cost at least five millions
less than was expected; and the interest of the debt
7,500,00011. less ; and he also anticipates that cer-
tain sources of revenue (the tobacco and salt mono-
polies) will produce six millions more than was ex-
pected. The deficit of 95,300,00011. will therefore
be reduced to 55,500,000f1. To cover that deficit the
Minister proposes to employ the indemnity for the
Lombard debt, 21,200,00011. of the partial hypo.
thetical assignations omitted on the account of
the new loan, 5 millions; the instalments assured
on the new loan 46 millions, and the probable in-
stalments; 6 millions at least of the loan issued in
Italy in 1859 ; and some extraordinary receipts
for 3,500,00011. The Minister estimates these re-
sources, partly positive, partly probable, at
76,500,000f1., which not only covers the above-men-
tioned deficit of 1860, but leaves a surplus of
20,700,00011. As to the deficit of 1861, the Minister
estimates it at 44,065,00011, He even admits that the
sum necessary to cover it will be only 34,065,00011.
That deficit would be covered by the surplus of
the Italian indemnity of 21 millions, and by the
probable payments on the loan with prizes for
13,800,00011. In conclusion, the various resources
would give 34,800,000f1., which would produce a
surplus of 735,00011. above the deficit. The surplus
of 20,700,00011. of 1860 would remain applicable to
1861, unless that sum, as the Minister says, should
be appropriated to the military budget of 1861,
which requires above 13 millions of extraordinary
expenditure. The Minister observes that even in
presence of this favourable result for 1861 and 1860,
it must not be forgotten-1, that this result is partly
obtained because it includes the additional war-tax
to the amount of 13,400,00011. on indirect taxes,
and 19 millions on direct taxes, making a total of
32,400,000f1.; 2, that it will be necessary to appro-
priate the Lombard indemnity to the amount of
42,300,00011. during these years to the budget ;
3, that the receipts derived in 1860 and 1861 from
the loans will still further increase the debt, and
the burden of the interests. The Minister esti-
mates the deficit for 1862 at about 43 millions, and
for the year following at 49 millions, but he thinks
that the expenditure may be :reduced by about 24
millions, viz., 8 millions on the civil administration,
5 millions on the agio for exchanges, and 11 millions
on the military administration. The deficits men-
tioned therefore would be reduoed 19 and 25 mil-

ons."

AMERICA.

LONDONDERRY, TUESDAY,

The Montreal Wean Company's mail steamship
Bohemian, Captain Grange, from Quebec, on the

th August, has arrived.

The Prince of Wales left Frederickstown on the
7th inst. His Royal Highness was expected at
Gaspe on the 12th, and at Quebec on the 17th inst.
The Duke of Newcastle had been unwell, but
had recovered.

A serious insurrection of the negroes was re-
ported in the guano island of Lombrero, and
caused excitement among the merchants interested
in the guano trade.