The Sun.
London, England, 1867-04-05 00:00:00

TO THE ELECTORS OF MIDDLESEX.

GENTLEMEN,—
THE death of Mr. Hanbury has deprived you of
the services of a highly-esteemed Representative in
the House of Commons.

For the vacancy thus sadly and unexpectedly occasioned
I venture to offer myself as a Candidate.
There are many among you, I flatter myself, to who.n
my name is not unknown as a zealous supporter of the
Liberal cause, and at this important crisis I hold it essen-
tial that any candidate presuming to ask for the suffrages
of such an important and thoroughly Liberal constituency
as that of Middlesex should be able to give trustworthy
assurances of his devotion to the principles which they
have at heart.

Should you do me the honour to return me to Parlia-
ment it would be my first duty to co-operate with those
who desire to effect the passage of an honest and straight-
forward measure of Reform—such a measure as would
prove to the large body of artisans and working men, whom
I hold to be entitled to the franchise, that the House of
Commons is not afraid of the people, nor averse to the free
extension of political privileges, nor disposed to deny to
the intelligent operatives a share in the government of the
country, to whose burdens they are called upon to contri-
bute. If the Reform Bill proposed by the Tory Ministry
be not capable of adaptation to such an end, I should not
hesitate to give my adherence to any course which may
seem the most calculated to attain the desired object.
Respect to the memory of your late Representative will
not allow me for the next few days to take any further
steps to bring myself before the Electors, but 1 shall take
the earliest possible opportunity of meeting you in public
and giving you a detailed, and I trust satisfactory, account
of my views upon all the.important political topics of the
day.
I have the honour to be, Gentlemen,
Your very obedient servant,
HENRY D. LABOUCHERE.
23, James-street, Buckingham-gate, S.W.,
March 29, 1867.

rrIIE QUARTERLY REVIEW, No.
CCXLIV., will be Published NEXT SATURDAY.

L Character of George the Third.
11. Sea Fish and Fisheries.
/11. Autobiography of a Physiologist.
IV. Westmoreland.
V. Poetry of the Seven Dials.
VI. Du Chaillu s It cent Travels.
VII. Myths of the Midole Ages.
VIII. New American tsellgions.
IX. Railway Finance.
X. Wellington in the Peninsula.
XI. The Four Reform Orators.
*.* Nos. CCXLL and CCXLII. will contain the Index to lase

Twenty Volumes.
John Murray, Albemarle-street

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Lz`•,! 34
A 4
pp.% _N
- Uat

LONDON, FRIDAY, APRIL 5, 1867.

MR. DISRAELI may be congratulated on having
successfully accomplished a very arduous task. It
is never a very easy matter to adjust the finances of
the year in such a manner as to give general satis-
faction. There are always some just and pressing
claims whose consideration must be postponed for a
more convenient opportunity; there are sure to be
some influential personages and parties who are
offended at their favourite schemes being overlooked,
their arguments apparently slighted. If it is known
that there will be a large surplus it is disposed of so
many times by financiers of all ranks and pro-
fessions before the Budget is brought forward that
the Chancellor of the Exchequer must hold the strings
of FOTUNATCS'S purse if he hope to satisfy all ex-
pectants. This year Mr. DISRAELI has been spared
an embarras de richesses, from the smallness of his
balance ; but he was liable, on the other hand, to
disparaging comparisons with the reduction of
taxation accomplished by his predecessor. Under
the peculiar circumstances of the Ministry, the
Chancellor of the Exchequer must have been
particularly anxious as to the reception which
his financial statement might meet with,
and he must have been proportionately
gratified by the hearty and general approval
expressed from both sides of the House.
His distinguished rival gave him, as might have
been expected, very cordial support, since the
principles upon which Mr. DISRAELI had acted in
framing his Budget were precisely similar to those
propounded last year by Mr. GLADSTONE. The
reduction of the National Debt was a scheme,
which, however practically obnoxious for the time,
commended itself strongly to the reason and the
moral principle of the public at large, and we have
no doubt that now a favourable opportunity offers
itself the suggestion of dealing with the national
burden at least in some small degree will be favour-
ably accepted.
Mr. DISRAELI addressed himself to the task be-
fore him in a very straightforward and business-
like fashion. Contrary to the custom which has
gained ground of late years, his Budget speech was
no exhibition of oratory, but a concise statement of
the present and prospective condition of the
finances. The Budget itself is simple enough.
Happily for the country, notwithstanding the
extreme severity of the monetary crisis last
year--admitted by Mr. DISRAELI to be per-
haps the most severe monetary disturbance
this country has ever witnessed—the esti-
mated income of the financial year was
not only realised but even exceeded. Mr. DISRAELI,
in referring to the estimates, paid a well-merited
compliment to the sagacity of his predecessor, whose
calculations had been exposed to so severe a trial.
It would, . indeed, have been no cause for wonder
had the estimates, framed in anticipation of a year
of ordinary tranquillity,been altogether disconcerted
and the returns fallen grievously short of the ex-
pected amounted. So far from this being the case,
the estimated income for 1866-7 was £67,013,000,
and the actual income £69,434,000, thus leaving a
surplus of nearly two millions and a half, after a
period of unexampled trial. The increase is entirely
due to the Customs and Excise, the other items of the
Budget of last year showing no remarkable differ

ence from the result. Corning to his own calcula-
tions, Mr. DisßAFir explained certain points in
reference to the " Dead Weight Annuity," the

charges on the " Consolidated Fund," &c., and then

proceeded to his estimates, which amount in all to

£68,134,000 of expenditure for the year. The es-

tiwated income will be £69,340,000, leaving a
balance of £1,206,000. It is possible, should the

country go on prospering as it has hitherto done,
that Mr. DISRAELI'S estimate may be considerably

within the mark, since it will be observed that it is less
thaw the actual income of the year, £69,434,000.

Thh is partly due to a lower estimate on the Cus-
taw; 122,000,00, instead of £22,300,000; but
the Chancellor of the Exchequer reminds us that
during the past year there has been an exceptional
consumptio
la of sugar and rum, in consequence of