The Sun.
London, England, 1828-01-07 00:00:00

SPIRIT OF THE PUBLIC JOURNALS.

We publish a complete and official abstract of the
state of the revenue for the two last years, and
their respective quarters, down to the sth instant.
The revenue, in the precarious condition of politics
and commerce for some months past, presented few
general grounds for anticipating an absolute improve-
ment; but until the last quarter a positive increase
of income had arisen over the three corresponding
I uarters of the former year. In the quarter ending
on the sth inst., there has been a decrease, in some,
though a very trifling, degree more than equivalent
to the previous increase, so as to produce, on the
whole twelve months, a falling off to the amount of
5,993/. The revenue of the year ending

sth January, 1827, was £46,650,672
sth January, 1828

Decrease on the year £5,993
The deficit in the last quarter was chiefly in the
Excise. The Customs on the whole year—(and
this, be it remembered, under the free trade princi-
ples, for which so much stupid arid perverse abuse
has been vented against Mr. Huskisson)—the Cus-
toms exhibit an increase 'of 625,076/. over their pro-
duce in the year 1826. The Excise has fallen off
throughout the year by 779,709/. : the Post-office,
111,0001. The Stamps have improved by 98,126/.
Taxes, 65,5311.; Miscellaneous, 95,983/. On the
whole, there is no subject for exultation in these
financial statements, except as compared with the
prophecies of enormous deficit and ruin which have
for many weeks assailed us. There is, undoubtedly,
'at the same time, no shadow of excuse for careless-
ness or prodigality in the state of the public finances,
but every reason for adopting and zealously proses
outing those plans and redeeming those pledges of
economy, which we are sure will not be left disre-
garded by the present Ministers.—Times.
Bullying is a favourite figure of speech with the
Tories, and so long as it seems likely to serve their
turn, big talk will be made the regular substitute for
every other form of greatness. As one means of
imposing upon the country, these honourable persons
have not scrupled to send about a rumour, that Lord
Grey was to be at the head of their opposition to
a liberal Government, founded on principles which
that Nobleman has through the greater part of his
political life supported, and consisting of statesmen,
marry of whom had for many years been his friends.
Lord Grey to he the leader of a Westmorland and
Bathurst party ! This was too monstrous a false-
hood, and we have no doubt that the noble Earl
feels such a stain, like a" wound" upon his hitherto
unblemished character. Instead of giving ear or
countenance to the Tories, it would little surprise us
if Lord Grey were to seize the earliest opportunity
after Parliament meets, to repel with indignation the
calumnious charge of so preposterous a connexion,
For ourselves, however, without waiting for his
Lordship's contradiction, we have no hesitation in
expressing our total disbelief of the story.—lbid.
We present our readers this day with the Ac-
counts of the Revenue for the Quarter ended the
sth Jan. 1828. The whole of the quarter elided
the sth January, 1828, is 12,336,083/. That of
the quarter ended sth January, 1827, is 12,524,085/.
There is, therefore, a deficiency in the last quarter,
as compared with the corresponding quarter of the
former year of 188,002/. If we limit our compa-
rison to the ordinary Revenue, the deficiency is
272,2841. If we compare the year ended sth Jan.,
1828, with the year ended sth Jan., 1827, the defi-
ciency on the year which is expired amounts to
5,993/. If we compare together the ordinary Re-
venue of the two years, the deficiency on that which
has expired is 92,974/. It it by no means gratify.
ing to perceive, that in that department of the Re-
venue, which is least liable to be affected by acci-
dental circumstances; and which, more than any
other, affords a measure of the active industry of the
country—we mean the Post Office—there is a fall-
ing of 51,0001. in the last quarter, as compared with
the corresponding. Quarter of 1827. The decrease
on the whole year is 111,000/., or nearly one-twelfth.
The greatest falling off is in the Excise. The pro-
duce of the quarter ended sth Jan. 1828, is less by
240,983/. than the produce of the Quarter ended
sth Jan. 18.27. 'The year ended sth Jan., 1828, as
compared with that ended .sth Jan., 1827, exhibits
a decrease of 779,709/. Till we have an account of
the items, we must be in a great measure in the
dark as to the causes of the decrease. A Corre-
spondent, whose letter will be found in another
column, attributes the falling off in the produce
of the Excise to the circumstance of the
maltsters having been prevented from continuing
their operations for nearly a month, in consequence
of the vexatious clauses introduced into the last
Malt Act, " Supposing (he says) that only half
the maltings in the kingdom were stopped for one
month—and I will venture to say that more than
!that number were stopped—that will ;educe the
Revenue for the Quarter upon Malt, 250,000/."—
He adds, " this quarter ought to h'ave been one• of
the most productive in malt duty of any we have
bad for Many years, in consequence of the heavy
crop of barley last year, and the extreme short stock
of malt on hand from the short crop of 1896." The
branches on which there is an increase are, the Cus-
toms, tile Stamps, Taxes, and Miscellaneous. There
is a slight decrease in the Customs for the Quarter
11,304/., but the increase on the year is
625,076/. The Stamps exhibit an increase on the
:Quarter of 25,5641., on the Year of 98,1264—
Taxes exhibit an increase on the ' Quarter of
11,4871., on the Year of 65,531/. Miscellaneous
no less than 78,2341. on the Quarter; on the whole
Year 95,983/. With the exception of the Cus-
toms, the increase is in the branches which rise or
fall as the means resorted to are indicative of dili-
gence and severity in the collection, rather than with
the state of the country. The produce of the Post
Offices is a criterion of the amount of the internal
.communications, the produce of the stamps and
taxes, is the result of the exertions of the Stamp-
office are/ the Tax-office. The Stamp-office have
been indefatigable for some time, in discovering and
)seesectiting irregularities in that department; and
ids& „diligence of serveyors in many places has given
rise to murmuring.
The increase may be described
rather as money wrung from the necessities of the
people, than as the overtlowings of prosperous in-
dustry into the Treasury. So far from being sur-
pe,sed at the dirriiiitition in the Revenue, when we
consider what the country has lately gone through,
we are only surprised that the diminution is not
greater. There has been a considerable falling off
for the last two or three years in the quantity of
goods exported from thies ountry in all our staple
manufactures—eottem, cloth, and iron. Wages
have been greatly redtwed, and the means of a large
peoportion of the population to consume taxed. cdm-
modities have necessarily
also 4ecreased. 1% e must
bear constantly in mind that even a stationary re-
venue indicates diminished comforts, Though in
Glasgow end some of • the other manufacturing
towns, the number of marriages may have expe-
rienced a diminution, the population of the country,
on the whole, has beep continually increasing; and
art increasing population, with a stationary revenue,
means, that the share of comfort accruing to indivi-
duals is decreasing. We see no caus.a for despon-
dency, but we have abundant cause for looking our
situation fairly in the face, There are wise men in
the country who imagine that alb would be
well, if,
by means of monopoly, the manufacturer, on
.his
reduced wages, should pay double the present price
for his food. There are others, we suppose, who
imagine that the falling off if; the Revenue is a warn-
ing against the attempt to lower our expenditure by
retrenchment.—MorningChronicle.

The Note addressed by the Austrian Minister to
the Porte on the 12th of March, 1827, and which
appearel in our Paper of Saturday, is interesting at
the preseilt moment, as it sheds light upon the
objects sought, not by Austria only, but by the
other great European Powers, and upon the manner
in which it was thought just and expedient to pursue
those objects at the period of its date. This isolated
document, published exclusively with' a view to the

vindication of the conduct of Austria, gives us no
more than an imperfect glimpse of the intentions
entertained by the Great Powers in March last, and,
of the state of the negotiations then in progress
with the Ottoman Porte ; but it prepares us for the
more full and satisfactory disclosures which will be
demanded of the British Ministers by Parliament ;
and in the meanwhile it sufficiently exposes and re-
futes some of the gross and desperate misrepresenta-
tions which the advocates of the Tripartite Treaty
have, in the difficulty of their appointed task, found
it necessary to employ. One of the most remarkable
of these misrepresentations—that which has been
reiterated with the greatest industry and emphasis—
is, that the ground-work of the Treaty of the 6th of
July was laid by the Duke of Wellington in his
mission to St. Petersburgh, and that its principles
were sanctioned and adopted by the Liverpool
Administration. We know this to he impossible,
because it is utterly inconsistent with the characters
of the Duke of Wellington, of the Earl of Liverpool,
of the honourable and enlighted Statesmen who
constituted the great majority of their Colleagues.
Nobody believed it indeed, with the exception of
those who were anxiously desirous that it should
prove true, as it would have afforded the present
weak and unprincipled set of Ministers an opportu-
nity of resorting for shelter in the storm which visi-
bly gathers round them to the high names and vene-
rated authority of their able and eminent predeces-
sors. We have now, however, the satisfaction of
possessing an official document to which we can refer
for the unqualified contradiction of the absurd ca-
lumny. This Note was addressed to the Ottoman
Court by the Minister of Austria, during the period
that intervened between the fatal attack which ter-
minated the public services of Lord Liverpool and
the formation of the new Ministry. It stands,
-herefore, by a fortunate accident, upon the very
isthmus of time which separates the Liverpool Admi-
nistration from the present. The views which
it exposes to the Porte of European policy—and no
loubt exposes as they really were, since there exis-
ed no conceivable motive for disguise or conceal-
ment—were the views in which the able and honest
Administration of Lord Liverpool concurred. That
they were not similar to or even reconcileable with
hq views developed by the Tripartite Treaty, is
evident on the most careless perusal of the two docu-
ments. We cannot here resist the temptation of
transcribing some portion of the Austrian Note. After
adverting to the character of the contest between
Turkey and Greece, and to previous representations
made to the Porte by the Imperial Government, it
proceeds thus :—" The experience of the six last
years should have proved to the Porte, that the true
way of pacifying Greece was not by force of arms.
Such pacification must carry with it the character of
Jestruction, or at least of feigned submission. In
either case, where were the guarantees for future re-
pose to be found ? That which the Powers wish to
secure—that which Austria especially desires, consi-
dering bee geographical position, her numerous
points of contact with Turkey, and the sensible
losses sustained by the most flourishing branch of
her commerce and her navigation in consequence of
the troubles in the Levant—that focus, from whence
a revolutionary spirit, while the Greek insurrection
continues, will not cease to menace neighbouring;
States. It is not under such circumstances an ap-
parent and transitory pacification that is required,
but the gage and guarantee of a stable and solid
tranquillity." " This guarantee of the repose
tad future tranquillity of Greece, and of its last-
ing submission, can be found only in the as-

sir-ed prospect, which the Porte shall give
the insurgents, that, in returning under the
authority of Turkey, their condition, their
civil existence, their future welfare, shall
not be menaced but ameliorated, and placed
beyond the reach of the re-actions and evils which
they have suffered, and the return of which they
dread."—" The Cabinets of St. Petersburgh and
of London have communicated to that of Vienna

the plans which appear to them expedient for the
ittainment of this salutary end. His Imperial Ma-
jesty not only recognizes all the interest which these
two great Powers take in an object for ,vhich the
Emperor himself has for some years avowed the
utmost solicitude, and with respect to which he has
seen the increased and indispensible necessity, on
the part of the Porte of terminating as speedily as
possible, and in the most convenient way, so de-
plorable a contest. The course pursued by the Re-
presentative of the two Courts of Russia and Eng-
land, and of the other Allied Courts accredited to

the Porte, cannot allow him to entertain the least
doubt as to the reality of the plans alluded to, or to
the existence of this indispensible necessity for the
Porte." This language is quite decisive as to the
parentage of the Treaty of the 6th of July. If
plans bearing any resemblance to those which that
Treaty unfolds had been avowed on the 12th
of March, either by Russia or England, it would
have been impossible for such expressions to
occur to the Austrian Minister as many of
those here employed ; and if they had oc-
curred, it would have been a bitter and
contemptuous mockery of the Porte to em=
ploy them. For the Treaty of Intervention,
therefore, and all the consequences which have flowed
or may yet flow from it, the present Ministers only
are responsible. It is exclusively their work. We
now know, on unquestionable authority, that, at the
termination of Lord Liverpool's Ministry, all the
Powers of Europe were united in opinion as to the
proper measures to be pursued for the pacification of
the East. The signatures to the Tripartite Treaty
have abundantly manifested to all the world, that
when it was concluded that unanimity existed no
longer. We now know upon the same authority,
that " the lasting submission of Greece," that the re-
turn of the " insurgents," " under the authority
of Turkey," formed an essential part of the " salu-
tary end," whieh, at the termination of Lord Liver-
pool's Administration, all the Powers of Europe
professed to have in view. The Tripartite Treaty
had already taught us, that in the estimation of three
of those Powers, the same end is no longer salutary;
that other and very different objects are now to be
pursued—the triumph of the insurgents—the final
extinction of Turkish authority—banishment of the
persons and confiscation of the property of all the
loyal subjects of the Grand Seignor, who labour
under the misfortune of having been born or domi-1
ciled. in Greece.—Morning Post.
We are enabled this day to lay before our readers,
an Abstract of theltevenue for the Year and Quar-
ter ending on Saturday. After all the exaggerated
apprehensions expressed by those who do not care
how they mislead the public, provided they can
asperse Ministers and embarrass their course, it is
satisfactory to find, by clear, authentic proofs, that
the decrease on the year, compared with 1826, in-
stead of being half or whole millions, does
not exceed a sum under six thousand pounds. Nei-
ther does the decrease on the Quarter; as compared
with the correspondent Quarter of 1826, amount to
a very large one. It is only 188,002/. The falling
off in the Quarter's Customs, which had been com-
puted before-hand at hundreds of thousands, amounts
in fact to only about 11,0001. The only deficiency
of any consequence is in the Excise. There
is a dimunition in this branch, compered with
the Quarter ending sth January, last year, of
140,983/. On the Stamps there is an increase
of 25,5641., and in the Post Office a falling off
of 51,0001„ neither of them of sufficient import-
ance to affect the total result materially, Look-
ing, therefore,' at the whole of these accounts, the
public will be struck with greater wonder than ever
at the absurdity of the rumours so industriously
circulated a short time since by our contemporaries,
that Viscount Goderich was about to retire on ac-
count of the-embarrassed state of the finances. Wire
cannot easily conceive a condition of the finances
calculated to alarm one so well versed in all their in-
tricacies as the Noble Lord; but, assuredly, if it
could, it must be one very different in its nature
from that which the present tables exhibit. For
what Minister would despair of the state of a
country, and be driven to resignation, by. the
prospect of a deficit of five thou Sand pounds ! If

we were called upon to point out. the causes of the
continued depression in the Excise, we could do
little else than repeat what we said on the publica-
tion of the Revenue Accounts for the Quarter ending
10th October. That commerce and trade are reviv-
ing is proved by the increase of the Customs, which
is an unerring index. Other indications, were they'
necessary, are to be found in the revival of commerce
in other nations with which we are connected, as
we had ocasion to observe, when remarking on the
speech of the American President. The motions of
so vast and so complicated a mass of interests as the
commerce and trade of England involve, are neces-
sarily slow, but, for that very reason, as they are
not to be produced by random or temporary im-
pulses, they are certain. The increase on prices,
however, does not yet keep pace with the increased
sales. There is a gradually enlarging vent opened
for the accumulating stores of by-gone months; but
the level of the reservoir has not yet fallen so low as
to demand or to admit of considerable influx.—.
Wages, in consequence, have not risen—they may
not rise for some time—and it is on the superfluities
of wages that the Excise depends. The steps of
the progress of such a terrible infliction as this coun-
try suffered in 1825, and from which it is not yet re-
lieved, are obvious to the meanest capacity. There
is, first, a difficulty of effecting sales—then a fall
of prices—next, to keep up profits, reductions
are made in wages. The workmen endea-
vour to hedge in their turn they work
double, in order to secure the same command over
accustomed luxuries. Up to this point the Revenue
suffers not, nay, it may improve, by the process. In
the next step it necessarily falls off. Excessive
sales, arising out of a glut at home, occasion a glut
abroad, and partial or total stagnation is the issue.
Wages then fall to a minimum, and many are thrown
idle. Luxuries must, in that case, be abandoned,
comforts given up, and the Excise must stiffer, not
only until commerce has renewed its wonted activity,
but until all the labourers that have been idle are
again at work, and until the whole mass can gain,
by ordinary exertions, wages sufficient, first for ne-
cessaries, secondly for comforts, lastly for luxuries.
We are yet but coming back to the first state, and
can expect to attain the last only by slow degrees.
In the meantime, the glut abroad has been drained
off, that at home is rapidly disappearing ; every
thing bespeaks health and returning vigour: and,
notwithstanding the gloomy retrospections and
gloomier anticipations of the opponents of Ministers,
we have no doubt that plain and calm thinking men
will find in the statement below most substantial
grounds of present gratulation as well as of future
hope.—New Times.