The Sun.
London, England, 1858-04-22 00:00:00

THE BUD6ii

(From the Ttftee City Article )
The subjoined communication meets clearly se-
veral technical questions which have been sug-
gested in connection with the budget :
" Sir,—Permit me briefly to state my impres-
sions of so much of the new budget as involves an
extension of credit upon three and a-half millions
of pecuniary obligations arrived at maturity. will
not such extension be convenient and advantageous
both to the lenders and the borrowers?
" The creditors in respect of two millions in
Exchequer Bonds, atßk per cent. expiring in 1858,
would. gladly. renew them; because certain like
bonds not expiring until a year later have recently
commanded in the intrae6 a price higher by about
1 per cent. A similar indication of market opinions
upon impending rates of interest is afforded by the
31.
be w
prices of Exchequer bills. Those which pay 24d.
per cent. per diem—i.e.,
Ir6eso.eotdd.
atp omesrane num
—until Juno only, then torate
determined by the then prospects of the market,
are actually cheaper than the bills recentlyemitted
at 2d. per cent. per diem—i.e., 3/. Os. 10d. only
per annum—but which are safe against further
reduction until March, 1859.
" Consequently, if tenders were invited from the
holders of snec;fic bonds or bills (indiscriminately)
maturing in 1858, to be exchanged for obligations
which are not to mature until a later date, an'ag-
,gregate of premiums might be obtained to the ad-
vantage of the Exchequer,land each creditor would
ei.joy his option of ren-wing or being paid off.
" The 1i millions Consols purchaseable with the
so-called sicking fund might be any part of the
number of millions which constitute that part of the
national debt. In this case the creditors have ex-
pected such support of the market price of Consols
as might result from the purchase of millionsby
driblets unostentatiously. Their compensation
and something more is the reassurance that there
need be no emission of a corresponding amount of
new Consols heralded by the usual eclat and at one
coup.
" There still remains the virtual breach of a
pledge solemnly given for the redemption of 3i
millions of debt in 1858.

" This raises a question either between ourselves
Land rinsiterity, or between the usufruct of realised
property in 1858 and the like in certain succeeding
pars. 'lf the specific debt .9f 34 millions is to be
deferred indefinitely, then a burden is shifted from
our own shoulders, and thrown upon the industry
of the country in the future. If, however, our own
income bearing property be charged with the debt
deferred for a reasonably short term, then we do
not evade our obligations in spirit, but simply ob-
tain a longer term of credit by concert with our
creditors the term being short enough to reconcile
our immediate heirs to a temporary charge upon
any unexpectedly early succession.
" Such a charge would be a present undertaking
to sustain beyond 1860, if necessary, so much of
the reduced property-tax as may be required to
extinguish the deferred 3i millions within a conve-
niently short term.

" J. A. F."

THE COMMISSIONERS Or CUSTOMS'

REPORT.

`•••••••••- - -
The annual report of the Commissioners of Cus-
toms has just been issued, detailing the operations
of the year 1857. The total receipts were only
22,956,3711. against 24,206,8441. in 1856, owing to
the reductions of duty on tea, sugar, coffee, dec.,
and the curtailment of consumption resulting from
the commercial crisis, although this was felt to
a less extent than might have been anticipated.
In the consumption of the chief foreign commodi-
ties used in this country there has been au increase
in all but four—namely, cocoa, coffee, spirits, and
wire. In the imports of almost all articles of raw
material there was a considerable augmentation,
cotton being the only exception of importance.
Tables are given of the fluctuations of trade at the
several ports of the kingdom, whence it appears, as
regards Customs' receipts, that nearly all the Scotch
ports show an increase, and nearly all the Irish a
deci!ease. Detiils are likewise furnished of the
steps taken to carry out the resolution adopted
last year under Parliam ,ntary sanction to discon-
tinue the exclusive custody of bonded tobacco.
Henceforth it may be stored like all other
goods in trade warehouses, and arrangement 4
are being carried out for the sale or sur-
render of the premises hitherto held by the
Crown for this purpose. The practice of petty
smuggling by passengers is said still to prevail to a
considerable extent. Not withstandieg the liberal
construction of the Customs' officers as to the amount
of new articles of wearing apparel allowed to bass
flee, "some gentlemen, many ladies, and more
ladils' maids are still silly and perverse enough to
risk pounds to save pence, and both incur and in-
flict endless trouble and annoyance for the tremu-
lous and vulgar joy of cheating the revenue." Some
strict examples have, therefore, been lately made,
and a cautionary notice a'so has b en posted in
every baggage office. With regard to the frauds
committed by Moore, a tea merchant at Belfast,
who last year obtained access to a bonded store,
and removed 800 chests of tea without payment of
duty, it is stated that although Moore is sines
shown to have been guilty also of direct robbery, it
was the opinion of the law officers that the proof
against him was not technically of the character to
warrant a demand for his extradition from the
United States, whether he is known to have fled.
His sureties, however, have paid 3,0001., and as
some property has been seized and proceedings for
.a r.Tovery of duty are in progress against parties
who made purchases of tea from him without due
care, it is thought the Crown will eventually lose
little. On the subject of the importation of foreign
goods bearing British marks some important state-
ments are made. When dutiable articles are im-
port ed bearing marks intended to give them' a Bri-
tish character they are refused entry and required
to be re-turned to the port of shipment except where
neutralised by the introduction of a foreign word,
and in those graver cases whore they bear the ac-
tual names of British manufacturers they are con-
fiscated and destroyed. A valuable protection is
thus afforded to our manufacturers against fraud
and forgery. But of late there has been a rapidly
growing practice among English manufacturers
themselves, especially of clocks, watches, pencils,
steam-gauges, and various articles of glass, to get
their goods wade abroad and to import them stamped
with their own names or brands. In this case, under
a Treasury order which permits it, the articles are
admitted to duty on the application of the manu-
facturer, and the Commissioners properly suggest
the consideration whether he is not thus enab'ed
himself to practise a fraud upon the purchaser
analogous to that from which the law protects him
when meditated by others. "At all events," they
add, "it seems right the public should be made
aware that the fact of any article bearing a British
maker's name no longer affords any security that it
is actually of British workmanship." The regula-
tion allowing the baggage of through passengers
from Paris to London by certain trains to be exa-
mined at London-bridge station has been extended
and rendered permanent, and more than 14,000
persons have been accommodated by it. This fa-
cility involves an outlay of 7501. without any re-
turn, and the opportunity is taken to point out that,
however desirable all arch arrangements may be,
they necessarily involve an increased expenditure,
of which the public must not complain. A new
system of bookkeeping is in course of introduction
at the outports, which promises to effect great
the
nomy of time and money. The publication ofenhue
statistical tables connected with trade and. revTar__
will likewise be accelerated. In conclusione,reentie
ous details are given of the internal arr
. the results of the civil service sman
v n ,Eg
cs.ers, and
of the establishment, the health of .tnhaet

beoexneptarreedS.r.oPrearUtzah'se
0 ATT. 1 ail EE
CATHEDRAL.--The Au Ln. g—oTril 01 V61:11:11:71.w°1:{a, si
:Elton, in the crypt at
was then her-
Paul's Cathedral. The
remains of the late Duke
sarcophaguso
ntebreeiru:stg.,a,inTthoe
proceedings
opened
were COI)
the purest porphry, and has been highly
ducted in the most solemn manner. The tomb
sealed, probanbloyf
is constructed.:.fore.
umeetttileß‘litYh e resurrectio
Malcott and Co., the well-known
polished by AI
wand manufacturers of mural monu-
ediately beneath the centre of the
nobleedicacintheedefiraelc.ted
Among the numerous extraordinary
by Du Barry's delicious
marblei4
RllTlfsitrelimlises Dri.tiisn—
cures .
health-restoring Revalenta Arabica Food of Indigestion
domeEeAn D v.ifi tthhoen tm
(Dyspepsia), Flatulency, Constipation, Nervous, Bilious, and
Liver Complaints, Cough, Asthma, Consumption, and Debility,
the following are not the least remarkable :—Cure No. 47,121.
—Miss Elizabeth Jacobs, of Nazing Vicarage, Walthamcross,
Herts : a cure of extreme nervousness, indigestion, gatherings,
low spirits, and nervous fancies. Cure No. 48,314.—Mi5s
a
Elizabeth Yeoman, Gateacre, near Liverpool : cure of ten
years' dyspepsia and all the horrors of nervous irritability.
12, Patrick-street, Cork, 4th mo., 4th, ISl9.—Respected
Friend,—l have given your Arabica Food to a girl of fifteen,
who during the last seven years has not been a day without
Vomiting fifteen or sixteen times, and sometimes oftener. The
fourth clay after she commenced your food vomiting ceased
altogether, and she has not thrown up since ; her health
is improving wonderfully. WILLIAM MARTIN, M.D.—
Supported by testimonials from the following eolebrated Pro-
fessors of Chemistry: Dr. A. Ure; Dr. Shorland; Dr. Harvey;
Dr. Campbell ; Dr. Gattiker ; Dr. Wurzer ; Dr. Ingram ;
Lord Stuart de Decies; the Dowager Countess of Castlestuart;
Major Gen. Thomas King, and many other respectable per-
sons, whose health has been restored by it, after all otheor
.
means of cure had failed. Suitably packed with full in ;
tions, In canisters, 11b. 28, 9d.; 2'.b. 4s. M.; 5113:
Tlilre .
121 b. 225. The 121 b canisters are sent carriage 77,
cw,e'lillltiaomf Pr:
1 1854, against Alfred Hooper Nevi a aainst ths9fear.
Page
e-owffiocoed
grantedorder. aßnairnirinDcanioßarry, a ,
Regent-street, London. importaltCantilice.gcbancellor Sir
ful dangers of spurious imitations.—The v
Barry's Rovalenta Arabica Food.:
\
t'en on the 10th March,
• for imitating " Dn

CANTERBURY HALL, Westminster-road.—
OPEN EVERY EVENING.—The follow-
ing company of Vocalists are engaged for the performance of
S)lections from all the popular OPERAS, MADRIGALS,
CHORUSES, GLEES, D UETS, drc., viz. : —Miss Rnssell, Mrs.
Badzey, Miss Brinell Miss Ray, Madame Bartoletti, and

Miss Montague; Herr F. Jonghnins, Mr. Henshaw, S. ,fores,
J. Barker, W. Melling, Senor Antonio, E. L. Him°, Mr.
Badzey, Mr. Edwards, Mr. Bell, and Air. Bernard ; Messrs. T.
Maclagan, W. T. Critehrield, John G. Forde, and E. Mackacy.
Pianoforte, Mr. Cecil Hicks ; harmonium, Master Williams ;
Director, Herr F. Jonghmans. Commence at Seven o'clock
precisely. Suppers, dte., until twelve o'clock.
- Mr. AUGUSTUS BRAHAM will appear every Evening.
Mr. WOODHOUSE (by permission of Chirles Kean, Esq.)
will have the honour of introducing, every evening. his
highly successful Performance on the new REGULATION
. DRUM.

THE WEATHER—Box °molt, APRIL 22.
THERMOMETER, IN THE SHADE.
68—highest since noon yesterday.
48—lowest this morning and during the night,
67—this day at noon.
BAROMETER, 30.46—set fair.
WIND, Sonth-Easterly; light, with very fine warm
weather.

HIGH WATER AT LONDON BRIDGE.

HIS DAY—Morn., 5 3 min. aft. B—Even., 40 min. aft. 9
TO-MORROW—Morn., 22 min. aft. 10—Even., 1 min aft. 11