The Sun.
London, England, 1842-03-29 00:00:00

S UIVIMARY NEWS

AND
ntUtC ptuton,

" Who runs may read."

FOREIGN.

The Paris Commerce assures us that at a numerous
meeting of Deputies on Friday, in the nail of Conference
of the Chamber, and at which Messrs. Odilon-Barrot,
Berryer, Billault, and all the Deputies of the ports were
present, it was resolved unanimously to oppose in the
Bureaux the Bill relative to indigenous sugar, inasmuch as
it involves thepostponment of thegeneral sugar question.
A deputation from the Committee of wine growers
and persons engaged in the wine and brandy trade of the
Gironde waited on the Prefect at Bordeaux, on the 22d
inst., for the purpose of laying before him the depressed
state of the trade. The petitioners attribute the posi-
tion of which they desire the amelioration to the high
protecting duties in France upon foreign products, which
have induced other States by way of reprisal to lay heavy
duties upon French wines and brandies, and the high
amount of the octroi-duty in France, which prevents per-
sons of limited means from becoming consumers to the
extent, which they would be but for this duty.
The Semaphore of Marseilles states that the members
of the Chamber of Commerce of that city went to the
Prefect of the Department on the 21st inst., to express,
in the name of the commercial interests which they re-
present, the dissatisfaction experienced at the.postpone-
ment of the sugar question. The Prefect, adds the Se
maphore, appeared to be deeply impressed with their re-
marks, and promised to send a telegraphic communica-
tion to the Government on the subject.
A letter from Neubourg (Lure) says :—" An
.pnglish
house at Rouen, which carried off most of our corn, has
failed, and left creditors to the amount of 600,000 f. Its
last payments were made in. bills upon two houses in
Paris, which refused to honour them. It is said that a
meeting of the creditors will shortly be called in London
to receive a dividend of 10 per cent. This bankruptcy
will very much shake the credit of the corn-dealers of
Rouen, who purchase from us to the extent of 4,000 hec-
tolitres (upwards of 11,000 bushels) a week.".
There was a report current on the Paris Stock Exchange
on Friday of a new Russian loan 'for the purpose of mak-
ing a railroad from St. Petersburg to Moscow. This
loan, says report, is to amount to 200 millions of francs,
and Messrs Rothschild are to advance two-fifths of the
whole, at the price of 80f. for 100 f. stock at 5 per cent.
interest. Messrs. Rothschild are said to have been anx-
ious to obtain the consent of the Minister of Finance, to
have this loan quoted on 'Change, but the Minister re-
fused his permission.

The Journals of Madrid and Barcelona are to the
20th. The Spanish Chambers did not sit. on that day,
it being Palm
.Sunday.
Theßelgian Chamber of Deputies has voted it Sum of
8,000,000 of francs, payable in Belgian Three per Cent.
Stock at par., as an indemnity to the owners of merchan-
dise destroyed in the entrepot of Antwerp by the bom-
bardment of 1831.

The Augsburg Gazette of the 21st inst. says---" Ac-
counts from Constantinople, of the 2d inst., which have
just arrived, infor—i us that the Druses of Syria have
risen suddenly against the English and American mis-
sionaries, destroyed their establishments, and burned
their books and manuscripts. Several Maronite con-
vents are also stated to have been pillaged and ravaged.
The reign of the Turkish Governor, Izzet Pacha, ap-
peared to be drawing towards a close."

PITALIG OPINION.
The Herald, reverting to the nuisance of the income
tax, says :—" To tax the profits of trade is to suck up
the vitality of reproduction, is to limit employment of
labour, and is to render chronic that disease which now
occasionally breaks out in periodical distress ; it is,
in fact, to permanently palsy national industry. The
adjournment of the resolution over the, recess will have
been a fortunate occurrence should the reconsideration
Which it will enable Sir Robert Peel to give to his pro-.
posal, lead to such a modification of schedule D as will
remove all reasonable opposition thereto, as will consoli-
date his tenure of office, and make the Premier, in the
true sense of the phrase, the Minister of, the nation."
The Chronicle says—" It is admitted by most of the
journals which generally support Sir Robert Peel, that,
however just it may be to impose a tax on property, yet
it is most unfair to impose an equal tax on the incomes
of men engaged in trades and professions. The mode
in which the Premier is addressed by some of his sup-
porters is curious enough. They address him as if they
had nothing more to do than to prove the justice of their
case to induce him to act on their suggestions. They
forget that Sir Robert Peel was elevated to power to
promote, not the interests of the people, but the inte-
rests of the monopolists. It cannot be too often re-
peated, that Sir Robert Peel came into power to prevent
justice being done to the people. He is Minister of the
monopolists. He is not at liberty to abandon the in-
come tax part of his scheme. He has told the House
that he must carry the income tax or quit office."
The following is from the Advertiser :—" Substan-
tially we regard the principles of the Constitution as at
present overthrown. People are to be taxed that have
not the smallest voice in the Legislature ; the executive
commands, and it is•done ; and opinion, as represented
by the press, the wants of the country, the demands of
commerce, the rights of industry, are clearly at this
moment at the feet of the privileged orders and of a
Mi-
nister who is their alternate slave and despot. Even the
exclusion of incomes below 1501. from the tax is a poli-
tical sophism. Inasmuch as it is the incomes imme-
diately above them upon which these depend—inasmuch
as taxation falling upon one class affects- the whole
community, are those parts' of the social system also
taxed ; and the artisan, with only a few shillings a-week
wages has as much cause to curse the blighting influence
of such an income tax as the capitalist, who, a loser to
the amount of sevenpence in the pound, has precisely
that sevenpence in the pound less to bestow in the en-
couragement of the industry of the artisan.