The Sun.
London, England, 1866-01-27 00:00:00

The Italian Budget.

FLORENCE, Jan. 22.
At the sitting of the Chamber of Deputies this
day, the Finance Minister made his Statement.

Signor Scialoja said the expectations of his prede-
cessor had been realized. The interest upon the
public debt for the past half-year had • been duly
paid, and there remained in the Treasury sufficient
funds to meet the present wants of the Administra-
tion. Upon taking 'account of all the resources at
the disposal of the Treasury on balances and
realizable credits, it was certain that these resources
would suffice to meet all the expenditure of 1866,
including the next half-year's interest upon the
kublic debt, without the necessity of having recourse
to extraordinary means. That declaration would
suffice to put an end to the rumours as to pretended
intentions of the Government, and the necessity for
a new loan. The deficiency anticipated for 1866
would be 265 or 266 millions. It would be asked
how did the Government propose to supply that de-
ficiency ? It was time to renounce operations which
were dazzling, but ruinous, and which only result in
contracts for sales and loans. There were but two
modes on which an equilibrium in the Budget could
be effected—the diminution of expenditure and the
increase of receipts.: First, what saving was it pos-
sible to effect? Of the 938 millions of the Budget
443 millions represented the amount required for
the payment of the interest upon the public debt, and
for other engagements guaranteed by the public
faith. It would be impossible to break public faith.
The nation which should be wanting in the fulfil-
ment of its engagements merited to be placed under
a ban by all civilised people. The 17 millions which
figured in the Budget on account of pensions would be
reduced gradually by the natural diminution in the
numbers of the pensioners. The 21 millions for pri-
sons might in time be somewhat reduced, but it was
not an item easy of diminution at present. 59 mil-
lions are devoted to the purchase of raw materials,
which are needed for State monopolies, and which
afterwards became sources of revenue. That amount
could not be reduced ; on the contrary, it would be
desirable to increase it. There remained 396 millions
on which reductions may be effected. Of these
396 millions, no less than 230 millions were applied
to the military and naval services. The remaining
166 millions represent the expenses of all the other
branches of the public service. Since the consti-
tution of the Kingdom of Italy economies to the
extent of 150 millions , had been effected, but, on
the other hand, the Budget had been augmented by
new expenses, by obligations for railways, and other
expenses, which make up a total of 139 millions.
That was the true reason why the country had not
yet been able to derive the benefit of the consider-
able savings that had been effected. It was neces-
sary, then, to consider what other savings were pos-
sible. The Cabinet, keeping in sight the political
and financial situation of the kingdom, and the
necessity that the country should be strong and
well provided with the means of defence, still be-
lieved that upon the expenditure for the army and
the navy a reduction of 30 millions might be ob-
taiued. Upon the administration of the lotteries a
saving of 230,000 f. could be effected. Upon the
service of the Treasury, if the Chamber should ap-
prove the transfer to the Bank, an economy of two
millions might le looked for, and an additional
2f millions would be gained by the application of
new laws of administration. By a reform of the
judiciary organisation a saving of four millions
might be expected. The Minister of the Interior
hoped to effect a reduction in his Budget to the
extent of 2 millions, and a law for the abolition of
1-
sub-prefectures would be proposed. The Minister
of Public Works would propose to effect economies
amounting in the whole to four millions. A plan
for the reorganisation of the department of civil en-
gineering would produce a saving of 300,000 f., and
alterations in the regulations affecting the Post-
office and the telegraphs would result in a saving of
500,000 f. All these savings added to those which
would be proposed by the Minister of Public In-
struction of millions) and by the Minister of Agri-
culture and Commerce would amount to nearly 54i
millions. That amount, deducted the deficit of 265
or 266 millions, left still a deficiency of 2111 mil-
lions. It then became necessary to consider what
permanent steps could be taken to meet that deficit.
Persisting in a resolution not to resort to extraor-
dinary measures, but to rely solely upon stable and
permanent resources, he was called upon to point
out by what means he proposed to augment the re-
ceipts. The Ministers had been of opinion that, be-
fore resorting to new taxes, they ought to review the
existing imposts, and consider whether it was pos-
sible to obtain from them larger results. The three
great taxes were the land-tax, the tax upon movable
property, and the registration tax. With respect to
the tax upon movable property. a new assessment
might be made. The land-tax should be consoli-
dated in such a way as to allow of distil:lU taxes
leviable upon the revenue and upon the property, a
change that would be of equal advantage to agricul-

chair.

1 ~`'\y
rig_

`N S

,~---•.~
~~.
~1 J.\til

'~-o
~s~-~~

ture and to the Treasury. The aug,menta4l4.o4l, 4t:/4
that source joined with the produce of `ttap.-citifik::":..-S,A,'
buildings would add about 125thillions aim to 41,1
revenue. A reform of that nature in the taxation of
landed property upon revenues from land, and upon
buildings, would enable the Government to withdra
the plan presented by their predecessors for levying
taxes upon doors and windows. The sums thus pro-
duced would not be sufficient to effect the desired
equilibrium in the Budget, and therefore it became
necessary to deal with the indirect taxes. Among
those taxes that which science and experience had
proved to be most equitable and most advantageous
was the tax upon production. During the preva-
lence of the oidium Italy produced annually 20
million hectolitres of wine, but before the appear-
ance of the grape disease the production was double
that amount. Taking a medium quantity— 30
million hectolitres--as a basis of calculation, and
a tax fixed at if. 50c. per hectolitre, the produce to
the Treasury would be nearly 45 millions. The
next point to be referred to was, said Signor Scialoja,
the most disagreeable portion of the Statement.
His predecessor had proposed a tax upon the grind-
ing of corn. He himself shared in the dislike with
which many deputies regarded that tax, but he
thought its unpopularity depended in a great mea-
sure upon the manner in which it was levied. For
the present the Ministry would leave the subject of
a grinding tax open for discussion, and possibly some
practical result might in the end be arrived at. In
the meantime the Government must ask the Cham-
ber to consent to imposing the Government duties
upon oil, corn, and flour. If the Chamber should
grant the demand the result would be an addition
of 30 millions to the revenue. Summing up all the
figures which he had previously given, the general
result would be as follows :—The total deficit was
represented by a sum of 265 or 268 millions, less
the 54/ of savings ; or, in other words, there was
a deficit of 211 millions, to which must he added
66 millions from a tax upon movable property,
which must be considered as never having existed
before, and which must be incorporated with the
new tax upon revenue and with the tax upon build-
ings. There was thus a sum of 277 millions
to be covered. To meet that sum an amount of
115 or 120 millions might be expected from the tax
upon incomes, 20 millions from the increase in the
registration and stamp duties, 45 millions from the
tax upon the production of wine, and 30 or 35 mil-
lions from the Government tolls upon oil and flour.
Those sums together would amount to 210 millions,
from which must be deducted about 10 millions
which would be lost by the operation of consoli-
dating the tax upon landed property, and by the
diminution in the produce of tolls upon certain ar-
ticles of production. There would then still remain
a balance of 80 millions to be provided for. As to
the means of meeting that deficiency, he believed
this would be found in the continual development
of the national wealth, in the consolidation of the
national credit, and in the rapidity of the national
progress. When they had succeeded in bringing
the Budget to an equilibrium the destinies of Ital y
would be certain and secure.

Metropolitan Board of Works.

-~,.

Yesterday the ordinary weekly meeting of the
Metropolitan Board of Works was held at their
offices, Spring-gardens, Sir John Thwaites in the

FINANCE.
The cash statement showed that the balances in
the hands of the treasurer were, on current accounts
£177,032 12a. Id., and on deposit accounts
£123,037 13s. sd.

SOUTHWARK-STREET.
The Streets Committee brought up a report which
had been sumbitted to their engineer, stating that
the damage done to the subway in Southwark-street
had been made good.
Mr. ComAxsox did not agree to the report of the
engineer, for it was impossible for the contractor to
make good the damage the water company had done
to the subway. It was a fact that the company,
although they had refused to use the subway, be-
cause they said it would be dangerous to their pipes,
had sunk them six inches below the crown of the
side entrance of their subway, and had thereby tres-
passed upon the Board's territory, and, in fact,
adopted all the clangeirto which they referred when
they refused to make use of the subway (in order
to preserve the street), while they put the public to
the inconvenience of having the roadway broken up,
and themselves to the unnecessary expense of
doing so.

Mr. NEWTON moved that the report be referred
back to the committee.

Mr. COLLINSON seconded the motion, and it was
agreed to unanimously.

UTILISATION OF THE SOUTHERN SEWAGE.
On the motion of Mr.' EVANS, this question,
which was appointed to come on at one o'clock, was
adjourned for a fortnight.
METROPOLITAN RAILWAY BILLS BEFORE PARLIAMENT.

Mr. SMITH, the solicitor to the board, reported
that the following bills had not complied with the
standing orders, and were therefore considered as
dead :—Barnet, Hendon, Hampstead, and London
Railway—Bricklayers' Arms and Elephant and
Castle Railway— Clapham and London-bridge
Railway—House of Parliament Approaches—Kil-
burn Railway Metropolitan Railway (Station
Collecting Line) No. I—Midland and Great Wes-
tern Junction Railway—North Surrey Railway—
Waterloo and Whitehall Railway (Extension to
Newington-butts).
Some routine business was disposed of, and the
board adjourned.

COOLIES IN THE Sounr.--In Louisiana an effort
is being made to introduce Coolies as laborers, and
the subject is engrossing the attention of many
planters in Georgia and Alabama. The proposal
to bring labor from India and China is too absurd
to be entertained. The Coolie trade has been a
curse and a stain or) the civilisation of the nine-
teenth century, and it is not at all probable that
the United States Government would ever allow any
State to traffic in these poor creatures. Slavery
was bad enough, and they have got rid of the
pest. To introduce Coolies wonld be to revive
slavery in another form. The idea is repugnant
to every principle of humanity and Christianity,
and its effect would be to retard the progress of
both, and check the advancement of the Southern
States. Such foolish schemes do not aid the South-
ern people, or tend to their prosperity. They are
now in pressing want of labor, and they have it at
their doors without seeking to traverse thousands
of miles of ocean and drag an inferior quality from
the " jungles of flindoostan and the tea-gardens of
China."

THE AMERICAN FENIANs.--The New York cor-
respondent of the Times seems to attach consider-
able importance to the Fenian movement. He says :
" I am informed upon authority which I believe to be
perfectly trustworthy that the leaders of the Fenians have
plans of the citadel of Quebec in their possession, and
soundings of all the Canadian rivers, and that an attempt
is fully planned against one of the cities. In point of fact
Americans begin to be anxious about the probable conse-
quences of this colossal conspiracy. There are now 700
" circles" of Fenians in the United States and over 380,000
members. The monthly receipts from subscriptions are
$200,000, and O'Mahony is said to have several millions
accumulated in the banks. Money comes from Australia,
and nearly all parts of the world where Irishmen are
found. These are facts which you may consider as being
beyond dispute. The brotherhood has established a sys-
tem of espionage over every "doubtful character," and
your correspondent, when in New York, has the advantage
of being constantly dogged by watchful Fenians, who
contrive to get copies of his visitors' cards, and other-
wise make themselves agreeable."
ANOTHER INCENDIARY FIRE IN HERTS.—We are
sorry again so speedily to have to record another
fire supposed to be the work of an incendiary, which was
discovered between eight and nine on Wednesday night at
Mr. Marson's farm, Maple Cross, West Hyde, Ric.kmans-
worth, and so frequently occurring in this district, is really
now becoming quite serious and alarming to the inhabi-
tants, this making the third fire occurring since Tuesday
morning in this week. The fire was first discovered in one
of the farm outhouses, in which a quantity of haulm was
stored, and which was burnt down. It was feared that
some of the horses would have perished in the conflagra-
tion, but fortunately all were saved. The parish engine
was the first to arrive, then Lord Ebury's from Moor Park,
but the fire was well got under before the arrival of the
latter engine, and before 12 p.m.. the fire was co;opietely
extinguished.

• • -- .
Alter which, the Pantomime, LITTLE KING PIPPIN;
or, Harlequin Fortunatus and the Magic Purse and Wishing
Cap. Messrs. G. Belmore, H. Drayton, G. Weston. Master
Percy itoselli ; Misses Hazlewood, A. Thomson, E. Falconer,
Pantomimists, Messrs. H. Boleno, C. Lauri, Corraacii,
Saville, Miss Morgan, and Madame Boleno.

Commence at 7.

THEATRE ROYAL, HAYMARKET.-
Sole Lessee and 3lansg-a., Mr. Buckstone.
THIS EVENING, BROTHER SAM Messrs. Sothern,
Buckstone, Compton ; Mesdames NOV Moore, Snowden,
ac.

To be followed by ORPIIEUS IN THE HAYMARKET
Messrs. W. Farren, Fisher, Bartleman, Weathersby, &o. ;
Mesdames Keeley, Snowden, Moore, Lindley, Woolgar,
Howard, Wright, Coleman, Lovell, Prevot, &c.
To conclude with MY HUSBAND'S GHOST.
Commence at Seven.

ROYAL LYCEUM THEATRE.-
tinder the sole Management of Mr. Fechter.
Tins EVENING, THE ILLUSTRIOUS STRANGER.
Mr. H. Widdicomb.
After which, THE MASTER OF RAVENSWOOD.
Mr. Fichter; Messrs. Jordan, Emery, Widdicomb, Vezin,
J. H. Fitzpatrick, D. Evans ; Mesdames Ternan, Elsworthy,
Lavenu, and C. Leclercq.
Box bffice open daily from Eleven till Five.

NEW THEATRE-ROYAL ADELPHI,
Sole Proprietor and Manager, Mr. B. Webster.

THIS EVENING, at Seven, a new farce called PIPKIN'S
RUSTIC RETREAT, Messrs J. L. Toole and P. Bedford,
After which, at 8, RIP VAN WINKLE. Rip (his 125th
appearance), Mr. Jefferson, supported by Messrs. Billing-ton,
I'. Bedford, R Phillips, leelix Rogers, Ashley, liburne, C. J.
Smith; Mrs. Biltingtor, &c.
To conclude with 'BEHIND TIME. Messrs. J. L. Toole, It.
Phillips, Eburne, C. J. Smith ; Miss A. seaman, &c.

ROYAL PRINCESS'S THEATRE.
Sole Lessee and Manager, Mr. Geo. Vining.
THIS EVENING, QUIET LODGINGS.
After whi h, at a quarter to Eight, IT IS NEVER. TOO
LATE TO MEND. Characters by Messrs. Vining. T. Mel-
va:o, T. Mead, D. Murray, S. Caihaern. F. \Tillers, J. G.
Sho,c, G. Murray, 11. 11thon, C. Seyton, IL Cathcart ; Miss
L. Moore and Miss Katherine Rodgers.

ROYAL SI RAND THEATRE,
Sole Lessee and Manageress, Mrs. z.,wanborouqh.

„ -
THIS EVENING, at Seven (never acted), I, ENIPNG A
1). Meas. s. Belford and Turner; blisbes Situi;son and
11 ughes.

After whic7f will be p-oluxd a new Opera Burlesque,
L'AFfIIt;AINE ; or, The Queen of he Cannibal Islay' lg.
Messrs. Stoyle, James, Thome ; Mesdames , Swanburoug,h
Ilaynharn, Johnstone, .te.
'l conclude with THE ARTFUL DODGE.

GRATIS AND POST FREE.
E. MOSES and SONS' FA, HIONABLE ALMANAC
for .863, List of Prices, with Fashion-card for the present
season.

MOSES AND S 0 N
• respectfully call attention to their large and well-
assorted stock of JUVENILE CLOTIIING. The newest
fabrics are combined with the latest and most fashionable
designs, and the best workmanship. E. MOSES and SON
give particular attention to this important branch of their
business, and they can with confidence affirm that the prices
ere such as must satisfy the most economical. This depart-
ment Is in a tistinct part of the premises, which will be found
a great convenience for ladies and children,

MOSES AND SON
• respectfully invite public attention to their large and
well-assorted
WINTER STOCK.

Ei MOSES AND SON'S
Lu•"SANDRINGHAM" and "DANISH " WRAPPER
(latroduced ny them) is the newest and most fashionlb:e
style of Overcoats for the season.

EMOSES AND SON'S
• READY-MADE and RESTORE CLOTIIINLi for

all classes and all ages.

Ll MOSES AND SON'S
• CELEBRATED "INDISTENSABLE" SUIT,
from 30s.

E MOSES AND
SON'S
• 110SIEltY and I)II,XI'ERY,
for all classes and all ages.

MOSES AND SON'S
• BATS AND CAPS,
fur all classes and all ages.

MOSES AND SON'S
• BOOTS and SHOES,
for all classes and all ages.

MOSES AND SON'S
xj• OUTFI I'S.
for all classes, all ages, and all climates.

Ei MOSES AND SON'S
• LONDON HOUSES,
154, 155, 15A, 157, Minories; 83, 81, 85, 86, 87, 88, 89, Aldg,ate ;
506, 5U7, 508, New Oxford—street ; 1,2, 3, Hart-street;
137, 138, Tottenham-court-read ; 283, Euston-road.
Also, Bradford, Yorkshire.

MOSES AND SON'S
• Establishments are closed every Friday evening at
sunset until baturday evening at sunset, when business is re-
sumed until 11 o'clock.

All articles arc marked the lowest prices in plain figures.
Any article not appr,ved of be exchanged, or the money
returned.

List of Prices with Rules for Self-measurement, Fashion
Card, and our new pamphlet, " The Philosophy of Dress,"
gratis anti post free.

(rim LAST EDITION OF " TIIE SUN,'
Containing the Latest St'ORTI.NII INTELLICiEIN
:an be had Every Evening- of

CT. R. GLXNIE, NEWS AGENT,
No. 4, Connaught-terrace, Hyde-park.

TIIIE LATEST EDITION of " THE SUN "
supplied, as soon as published every Evening, by
W. ALEXANDER (late BROOKS), Newspaper Agent, 21,
Old Cavendisn- street, Oxtord-street.

THE LAST EDITION of " TIIE SUN "
supplied as soon as Published, containing all the
LATEST NEWS and SPORTING INTELLIGENCE, by
It. W. HARRIS, Neuspaper Agent, 4, Blacklriars-road,
London, S.

THE LATEST EDITION of ‘,THE SUN."
J. HOLMES begs to inform his friends, and the publie
generally. that he supplies the LATEST EDITION of
."I' If It; SUN" as soon as published —No. 16, Hampstead-
road, N.W.

HIGH WATER AT LONDON BRIDGE.
THIS DAY.—Morning, 10h. 52m.--Afternoon, 11h. 30m.
To-Molnow.-M@rnin2,-, h. m.—Afternoon, 12h. lOrn.

LIFEBOAT SERVICES.—During the storms
of the past year the National lifeboat Institution, by
its Lifeboats and other means, contributed to the savin,: of
;07 persons from different wrecks on our coasts. The Insti-
tution also expended £21,374 in the same periud on its life-
boat ettablishments, in addition to grantiug .£1,950 for to-
wards for saving life and exercising the lifeboats.
The Committee of the Institution earnestly APPEAL to
the public for ASSISTANCE to enable them to meet the
continued heavy demands on the Institution's 150 lifeboat
stations.
Contributions are received by the London and country
bankers ; and by the Secretary, Richard Lewis, Esq., at the
Institution, 14, John-street, Adelphi, London.

ROYAL ENGLISH OPERA, COVENT-
GARDEN.
(Opera Company, Limited.) _

- •
THLS' EVENING (Thursday), "Mr. Charles Deffelli's
new opera, in one act, CEIRISTMA!3 EVE. Madame F.
Lancia, Madame E. Heywood; Mr. A. Cook, and Mr. D.
Miranda.

Conductor, Mr. Mire I Mellon.
After which, at 8, the grand comic, spectacular. and ope-
ratic Christmas Pan'omime, entitled ALADDIN AND TIE
WONDERFUL LAMP; or, Ilarlequin and the Flying
Palace. (See other advertisements).
Commence at 7 o'clock.

,CHEATRE ROYAL, DRURY-LANE.-
Managers, Messrs. E. Falconer and F. B. Chatterton.
THIS EVENING, the Comedy of THE JEALOUS
WIFE. Mr. Phelps, Mrs. Hermarn Vccin, ,Scc.
. _ _