The Sun.
London, England, 1860-07-16 00:00:00

THIS DAY'S SHIPPING.

LONDON, July 16.—Wind this day at noon—North
to North-East ; light breeze, and rainy weather.
PORTSMOUTH, July 15.—Wind S.W. to W.S.W.—
Arrived—lanthe, from:Paraiba, and sailed for Hamburg ;
Her Majesty's steamer Gorgon, from Bermuda; Egyptian,
from Quebec.

COWES, July 15.—Wind S.W.—Arrived—Symmetry,
from Quebec.

CLYDE, July 14.—Wind S.W.—Arrived—Demerara,
from Trinidad; her Majesty's ship Goliath; John, Gray,
from Trinidad.

PLYMOUTH, July 15.—Wind S.W.—Arrived—Cap
Rouge, from Quebec.
FALMOUTH, July 15.—Wind S.W.—Arrived—Penfoita,
from Havanah; Adele, from Rio Grande; Endeavour,
from Alexandria.

BRISTOL, July 14.—Wind W.—Arrived—Trevese, from
Iravannah; Conceltina, from New York ; Byron, from
Newfoundland.

MUMBLES July 15.—Wind S.W.—Arrived—Annie
Fisher, from' Cfildeira.

DUBLIN, July 13.—Arrived—Gipsy Queen and Rienzi,
from Quebec.

(BY ELECTRIC TELEGRAPH.)
SOUTHAMPTON, Monday Morning.

Wind N.E.
Arrived, July 15—Argyll, steamer, from Carentan; Le
Coq, from Cherbourg.
Sailed, July 15—Ballark, for Archangel.

(BY SUBMARINE AND BRITISH TELEGRAPH.)
GRAVESEND, Monday Morning.
Wind South ; tide, three hours' flood ; weather fine.
Arrived, July 16—Dolphin, steamer, from Antwerp ;
Florien, from Bahia.
DEAL, Monday Morning.

Wind E.S.E., light.
Passed—Great Britain, from Montreal for London;
Derwent, screw steamer, from Lisbon for London; Co-
lombo, from Sulina for Leith; Kent, from London for the
westward.

BAY ISLANDS.—The treaty by which her
Majesty agrees to recognize the Bay Islands as part of the
Republic of Honduras, and to relinquish the protectorate
of the Mosquito territory within the frontier of Honduras,
has been laid before Parliament. It states that the treaty
is entered into by Her Majesty in consequence of "the
peculiar geographical position of Honduras, and in order to
secure the neutrality of the islands adjacent thereto, with
reference to any railway or other line of interoceanic com-
munication which may be constructed across the territory
of Honduras on the mainland." Honduras engages not to
cede the islands to any other State. There are clauses
stipulating that the islanders shall retain perfect freedom of
religious belief and worship, public and private, and that
their property and that of the Mosquito Indians shall be
respected, and both are to be at liberty to remove if they
think, or remaining, are to have the rights of natives of
Honduras. Any claims of British subjects are to be settled
by a mixed commission. For the next 10 years Honduras
is fo allow 5,000 dols. a-year to the Mosquito Indians for
the purpose of education, and the improvement of their
social condition.
The new customs arrangements for examining
passengers' baggage at the Southampton docks came into
operation on Wednesday last. Instead of the baggage of
the passengers who arrived from India in the Delta on that
day being taken to the baggage warehouse and every
package opened and examined, one package only belonging
to each passenger was examined, and that close to the land-
ing place. The passengers were thus enabled to leave al-
most immediately after landing.
A scheme has been mentioned in Paris (says the
Sunderland Herald) for running steamers direct from
castle to Paris and back, charged with iron, cwo ine 1, nemNiceawl;'
,
land other
fire-bricks, &c., on one way,
French produce back. In coa:tbdincaatrrYio.ninw- with this plan is
the idea of carrying French Produce intended for Russia
to Newca whence
stle, as an ontrepot, ence it may be forwarded
by steamer to St. Petersburg.
W:IUTIT COAST
past half-year havin,
ROIL-
LONDON, BRIGHTON, AND
wen.—The accounts for the
been submitted to the board onpaySma teunrtd
oairat
foi
decided upon of
the
the half-year of £2 10s. per cent. on the consolidated stock:
of the corenY•
When the report of the commissioners on our
National Defences is under consideration, Mr. Mackinnon
intends to move, that, "in the opinion of this house, our
and the armed force now on foot and organ I
navy, organised
throughout the country,are sufficient for:our protection, and
that any additional expenditure for our defence would be a
waste of the public money."

THE FINANCE i.ACCOUN2','.
The accounts for the financial year which ended'
on the 31st of March last have been presented to
Parliament. They state that the gross income of
the year was £71,089,663, and the expenditure.
(including £4,435,543 for charges of culleefion),
£69,502,289, showing an excess of income over ex-
penditure of £1,587,379, which includes £256,3&5'T
received from the Spanish Government in part ofrl
the £496,385 due to the British Government forkt..,
arms and stores supplied during the civil war ince
Spain 1834-1833, but does not. include 1:67:3/1021'.
advances for drainage and local -public works
paid. by Customs and. Excise duties we miscall/
£44.821,901, the bulk of it in these items:— • r."
From spirits, wine, malt, and bops £21,083,000 oi
„ tea and sugar.. 11,411,9.54
„ tobacco and snuff
£33,046,467
The remainder includes some items not of the del
scription popularly understood from the term*
" Excise duties ;" there is £586,112 for taxes upo
travelling and game certificates. Then folio
three great classes of income partaking of the cha
racter of direct taxation : t
Stamps
Land and assessed taxes
Property and income tax 9,596,105

£20,871,704
•
The rest of the income is made up of Post-office revo-
nue, Crown lands, and miscellaneous receipts. In
the table of stamp duties received we ought to learn
what the succession duty produced, but are balked
by finding it lumped with the old legacy duty ; the
entry is "Legacies and Successions, £2,104,670,"
which is no very favourable return. Bills ofexchange
produced £505,233 ; receipts and draughts no more
than £387,874. Newspapers and supplements
brought in £141,557. Among the assessed taxes
dogs helped us to £193,644; even hair-
powder to £1,192 ; armorial bearings to £55,377.
In the Post-office accounts a deduction is made
of no less than £20,954 for letters returned, re-
fused, mis-sent, and re-directed, and over-charges.
Among the miscellaneous receipts "conscience-
money" produced £16,488, showing to what evasions
'the income-tax must tempt people—a temptation
which is seriously increased with the increase of
the tax. The balances in the hands of the cel-
-1 lectors of the revenue seem large—considerably
above half a million even at the close of the
financial year. We turn now to the expenditure.
The interest of the debt took £28,638,725 ; the
army and navy nearly as much—£26,739,102,
which includes but £858,057 for China. Then
comes the Civil List, £403,200, but this includes
pensions amounting to £18,260, Which we believe
are the literary pensions. The annuities to the
Royal family, £143,788, include the whole charge
of £50,000 a-year to the King of4he L'elgians, but
among the. miscellaneous receipts we have already
passed a repayment of £38,000 to the Exchequer,
the balance being applied in pensions to the ser-
vants of the late Princess Charlotte. The political
pensions follow, among which are payments of
£2,000 a-year to Mr. Disraeli, Sir G. Grey, and Lcrd
Glenelg, on retirement from the Cabinet. There
aro five, pensions of £5,000 a-year to ex-Lord Chan
cellors, and six of £3,500 to English ex-judges and
an ex-Vice•Chancellor. There is a very long list
of compensations charged upon, the Consolidated
Fund, some of them remarkable for the length of
time they have been paid, for among the benefi-
ciaries are the doorkeeper and housemaid of the
Irish House of Lords ; other cases are conspicuous
for the amount charged, for there is a round sum of
£130,000 a-year for officers of the late E,...clesiz..sti-
cal and Prerogative Courts. The Earl of Ellen-
borough takes.£7,7oo a.year, as having once been
Chief Clerk of the Court of Queen's Bench •, the
Rev. T, Thurlow has £4,028 annually for being
deprived of the office of keeper of hanaper, and Lord
Avonmore £4,200 as retired principal registrar of
the Irish Court of Chancery. The Church has got
very little hold upon the Consolidated Fund ;
the clergy in the West Indies have £20,300 a year
from it, and the Scotch clergy 117,040, while in
Ireland Maynooth has its £20,300 a year, the
Queen's Colleges only £21,000, but they get a fur-
ther annual vote among the Estimates, from which
theological bitterness has excluded Alaynooth.
The Russian-Dutch loan and the Greek loan take
from us £130,000 a-year. The home secret-service
money is £lO,OOO a-year ; the foreign—£32,ooo—
voted among the estimates. We have confined
ourselves to .the charges paid out of the Consoli-
dated Fund without any annual vote, because,
though they are under £2,000,000, and the annual
votes of the estimates are about four times as much,
the former are little known, while the latter have
been fully stated by us very recently.