The Sun.
London, England, 1835-03-11 00:00:00

PRICES OF SHARES THI

United Mexican (iuued at 21. pm.) .
London and Greenwich Railway Cm

COURSE OF EXCH.,
Amsterdam C.F. 12 5'4
Ditto, at sight l2 3'76
Rotterdam . U l2 51,
Antwerp l2 4%
Hamburg M.B. 1312
Altona l3 12
Paris, 3 days' sight 25 50
Ditto . Us 25 SO
Bordeaux
Berlin
F-ankfort on Maine, Ex. M 15114
Petersburgh, ruble 3 Us. 101,4
Vienna, effective fl 2M. 10 1
Trieste ditto lO 2
Madrid 3714
Cadiz 87,4i
Bilboa '37
Barcelona 17%
Seville 'l7
Gibraltar 4B

PRICES OF IRISH STOCKS, DUBLIN. MARCH 7
3 per Cent. Consols ........ ....... 91 Grand Canal Deb. 6 per cent 01%
Ditto Reduced .. .......... ...... Ditto, 4 per cent..., 61%
3!:, per Cent. Stock giV Hibernian Bank
Ditto New, 1533
City of Dublin Steam Co. lOl
31; per Cent. Debentures 91% National Insurance Company :I
Bank Stock 2244 City Debentures, 4p-er cent... 8234
Royal Canal Stock
Grand Canal Stock 2414 ! pa- cent 9•21,4

MAILS.
Arrived. Due. Arrived. Due Arrived. Due.
O America ii 1 France 0 0 Lisbon ....... ..... 0
0 lirazi: • 0 Guern.&Jersey 0 8 Malta
0 Buenos Ayres.— 0 1 Hamburg 0 0 Mexico 0
• Cartbagena • 0 Holland
1 Dublin fl 1 • Jaraaica • 0 Sweden 0
0 Flanders ... ...... 0 I 0 Leeward lelands 0 1 Waterford 0

MGM WATER. AT LONDON BRIDGE TO-MORItOW.
Morning 0 minutes after 0. I Evening 10 minutes after 0

HAMBURG, MARCH, 1835.
NOTICE IS HEREBY GIVEN, that the
two first days of drawing of the Sixty Fifth HAMBURG
GREAT LOTTERY will be on WEDNESDAY and THURSDAY,
18th and 19th instant. A few tickets are still on sale at the first
cost of sterling Si., but this price will cease on Thesday, the 17th
inst., and on the following day, Wednesday, the 18th inst., a
higher rate will be established. With a view, therefore, to orders
being executed
BEFORE THE RISE OF PRICE,
we recommend their being forwarded by one of the Packets, leaving
this en or before TUESDAY
HE, March 17.
INE BROTHERS, Contractors.

NOTICE TO SUBSCRIBERS OF

THE SUN.

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EXPRESS EDITIONS of THE SUN, we
beg to state, that all those who reside in the vici-
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on all important occasions, and no others than sub-
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If there be any obstacle in obtaining EXPRESS
EDITIONS by subscribers, a line addressed to the
Office will obviate the difficulty.
Sun Office, March 9, 1835.

The publication of THE SUN NRINSTAPEf commenced this day
at 15 minutes past 8 o'clock.

~ ---~ ~ -,
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nia+

LONDON,
WEDNESDAY EVENING, MARCH 11, 1835.

Whatever disappointment the agricultural population
may feel from the rejection of the Marquis of CHANDOS'S
motion for the repeal of the Malt Tax, we really do not
see in what way the country could have been benefitted
by a different result. We are bound in common fairness
to admit, that Ministers were constrained, in the present
state of taxation, to adopt the course which they did on
this question, and that the leaders of the Opposition were
justified in supporting them—nay, that they proved them-
selves men of high principle by so doing. It matters not
what party are in power—a certain amount of taxes must
be raised to meet the exigencies of the State, and carry on
the Government. There is no disputing this. Now the ques-
tion simply is, were the Malt Tax repealed, where could we
find a substitute ? That the Malt Tax is immoral in its
tendency—that it leads to the demoralization of the labour-
ing classes by compelling them to resort to beer shops—
that it curtails the necessary comforts of many poor fami-
lies, and imposes a heavy expense on the farmers, we have
always contended ; but as a tax it possesses many advan-
tages over any other which could be imposed as a substi-
tute, so long as the country is unprepared for the introduc-
tion of the Property Tax. The income arising from the
malt is, relatively speaking, immense, while the expense of
collection is less in proportion than that of raising any
other portion of the public revenue-130,0001. being the
charges on the collection of 5,150,0001. Again, the Malt
Tax has the advantage of being spread over the whole
community ; there are none who do not contribute
to it, for those who do not drink beer themselves
must provide it for their domestics. This is a great ad-
vantage ; for in the end it is those taxes to which all con-
tribute, which are least burdensome to the community.
We were greatly disappointed with the speeches of the
Marquis of CHANDOS and his supporters in the House of
Commons last night. With the exception of Mr. HUME,
whose speech will be read with great interest, and whose
indefatigable exertions to reduce the public expenditure
we are always happy to acknowledge in terms of great re-
spect, there was not a word spoken in favour of the motion
which had not been employed in every possible variety of
mood and tense out of doors.

We had confidently expected that some project would be
submitted to the public by the Marquis of CHANDOS, or his
supporters, showing in what way the Government of the
country could be carried on.after curtailing the estimates
to the amount of nearly five millions. But on this most
material point there was not a word spoken. The country
gentlemen, who in reality would be the chief gainers by
the repeal of the Malt Tax, were struck dumb when they
heard it intimated from the Treasury Bench, that for the
abolished malt duties, it would be necessary to vote a pro-
perty tax. They all at once opened their eyes to the real
view of the question, when assured that the savings were
not to go into their pockets. Now, unless a com-
plete revision of taxation take place in a very short
time—unless the greatest improvements are made in
our system of Excise espionage, which has really grown
intolerable to the bulk of the trading community of
this country,—we see plainly that we must come to a
property-tax at last. This is the simple fact, and it is
foolish in any person to endeavour to shut out the convic-
tion from his mind. The country will be driven to this at
last, provided an immediate revision of taxation does not
take place. Those who contend that we ought to have a
property-tax at once are right in opposing the Malt Duties.
The abolition of the Malt Duties stands in the same rela-
tion to a property-tax as cause to effect. The former ont:e
given up, the latter follows as a necessary and inevitable
consequence.

As to the proposal for making up the deficiency in the
revenue by a loan, we could not for a- moment listen to it.
Where, in the name of reason, would be the use of adopt-
ing this temporary, extravagant, and expensive expedient ?