The Sun.
London, England, 1861-02-12 00:00:00

UNIFORM ASSESSMENT.

Mr. C. WYNNE asked the Secretary of State for th•
Home Department whether, in the measure which he pro-
posed to introduce for the uniform assessment of the county
rate and poor rate upon a common basis, provision will be
made for enabling the county committees to have aecess for
their guidance to the property-tax returns in each parish.
Sir G. C. LEWIS said that the bill was prepared and
would be shortly laid on the table, but it contained no
such provision as the hon. member referred to, but at the
same time, on certain conditions, there was no objection to
insert such a clause if it were deemed desirable.
INDIAN FINANCE.
On bringing up the report on supply,

Mr. H. BAILLIE took that occasion to refer to the state-
ment of the Secretary of State for India in respect to the
state of Indian finance, which if it were not more fully ex-
plained was calculated to mislead the public as to the
real condition of Indian revenue at the present time. It
had been stated that the deficit of India for the year 1861
would be £6,000,000, and the question was how that deficit
was to be supplied. The right hon. gentleman (Sir C.
Wood) proposed to meet it by a loan of /3,000,000
raised for the construction of railways in India,
and by the balances on the Indian Exchequer.
The honourable member said that there were discrepanciee
between the statement of the right hon. gentleman. and the
accounts of the Governor-General on the subject of finance:
The effect of the statement of the Secretary for India
whoseh
a considerable effect on the commercial communi
cltybeenconfidence in the security of Indian
re-
stored. It was therefore necessery
be clearly understood.
ent he had made to
Sir C. WOOD said that the eaten'
thfiatnanthecemhaatter should
on the despatches
the house the other night was
Tflene dreigd
ht hon. gentleman
he had received from India..
then repeated some of the points of his previous statements
and said he would lay
the table all the correspondence
on
en the subject.
ed.
TELEGRAPH COMPANY.
The report having
been brought up and received it was
gippeTDhe SEA
tAwNee
E pthlesnp received.
-
d that leave should be given to bring in a bill founded
on it.
Mr. H. BAILLIE made some remarks,
The CHANCELLOR of the EXCHEQUER said that
6 of the sections of this line had been in operation, so that
the term of the contract had been fulfilled, although the
whole had not been in operation.
Leave was then given to bring in the bill.
POSI OFFICE SAVINGS BANK (CONSOLIDATED
FU N D) .
The report was received, and some discussion afterwards
ensued, in the course of which
The CHANCELLOR of the EXCHEQUER explained •
that the resolution the house was called on to affirm was
entirely hypothetical, and gave no sanction to the proposi-
tion for the establishment of these banks, as it was merely
contingent on this establishment.
BANKRUPTCY AND INSOLVENCY BILL. '
The ATTORNEY-GENERAL rose to move for leave to
bring in a bill to amend the law relating to bankruptcy and
insolvency. He said - I hope the bill which lam about to' :
move for leave to introduce will be brought before you under
happier auspices than its predecessor of last year. At the
same time I must say that, while I reesretted the necessity
of abandoning the unfortunate bill °IC last session, I have
been very much consoled by the retie ction that in preparing
the present measure I have had to d .irect my attention toter
number of topics to which I felt it necessary that
consideration should be given and ,I ho
ceeded in framing a measure will ch you willeee_vilvt: that,
greater favour than you were ? deposed to. _e_eof the
which preceded it. You will re; olleot that e"
hope that I hs.grveeaivisutchp-