The Sun.
London, England, 1842-04-08 00:00:00

OAKS.,

30 to 1 agst Mr. F. Wood's Eliza—taken
Mr. Greville's Gunter and Edgeworth Bess passed thrcaigh
town yesterday .en. route for NCNN market.
The Finchley Steeple Chase, vihich was advertised to take
place on to-morrow, has been postponed till Tuesday next.

THE INCOiIIE TAX.
ST. MARTIN IN THE FIELDS.
Yesterday a public vestry meeting of the inhabitants cf the
above parish was held to consider the propriety of urging ui ol►
the Legislature the justice and necessity of subjecting landed
property to the same probate and legacy duties as all ether
prbperty is liable to.—W. Richard Cubbett, Churchwartitn in
the Chair.

Mr. 11. Poureexv raid that they were assembled to coarsider
a most important question, of which the industrious elnsee
were in a great measure ignorant. When a party died words
personal property, that property was subject to probate and
legacy duties, while landed or real property passed to the
legatee free of those duties. Even before the wido s? or son
could touch a sinning cf personal property, they had to pay
stamp duties. The average of the various stuns thus raid
amounted to 1/. 9s. par cent., yet the landed pro-
perty exceeded the personal by one-third, and was
free from prohat e y. After paying the r: ol ate
duty, and before any distribution of this property took place,
the widow and thilikan bad to pay an additional one per
cent., nephews, &c., three per cent., and strangers had to I ay
ten per cent. If a man married a widow with children, anify
he bequeathed his property to those childresi, they had to pay
ten per cent. on that property. Should they remain silent
while such a state of things existed, and when an additional
impost was about being fixed open them in the. shape of en
income tax ? ( Hear, hear.) Ace' Ming to the data afforded
' by Mr. Pitt and Sir Robert Peel, there was ro difficulty in
ascertaining the amount of real property, which, according to
these calculations, exceeded that of personal by one-third.
The estimated tsnnual amount of probate and legacy duties was
1,869,000/. ; thereLze the same duties imposed upon landed pro-
perty would produce 2,585,000!. It was said that the ad valorem,
duty upon lands was an equivalent to those duties. That he de-
pied ; for in the transfer of lands from A to B, the ad ralorela
duty was only 1/. 4s. :M., while the probate was IL 9s. The per.
aonal property had also, in its transfer, to pay duty for bonds, and
the purchase of shares. The animus of the party who insisted
upon preserving land from those duties was exhibited by the
follow inn:—'f a man bequeathed 10,000 acres to his children,
they had no legacy duty to pay ; but if his children sold that
land, the purchase money would have to pay the legacy duties,
because they ceased to be landholders.—(Cheers.) tie eon•
eluded by moving the first resolution.
Mr. J. W. SMITH seconded it.
Mr. WILSON moved the second resolution, and said that if
the people were able to do justice to themselves they would call
upon the landed interest to pay up the deficiency, which would
effect a reduction of one million of the national debt.
This resolution was seconded and carried.

Mr. WESTERTON moved the thirdrcsoluiion.
Mr. RIDGEWAY seconded the resolution. He said the in-
come, tax .was not intended to meet the revenues of the State,
but was in' ended as a loan to a party of merchants to enable
them to carry on a war in which, perhaps, they bad no right to
engage.—( Hear, hear.) However, there was little doubt but
that the Russians contemplated an attack upon our Indian Fos-
sessions. It was, therefore, necessary that they should provide
for the safety of those possessions.
Mr. Churchwarden If AWEES Moved the fourth resolution,
wl ich was carried.
_ _

Mr. LE 13avrosr moved the appointment of a Committee to
carry into effect the revolutions, and to adoptmeasures to effect
an union of the surrounding parishes to assist in subjueting
landed property to probate and legacy duties.
It Yeas then unanimously resolved that the resolutions be ad.
vertised in the Morning .4drertiser, 7'tines, Chronicle, herald
Sun, and Glote.
Thanks baring been votcd to tit Chairman, the mecti
broke up.

‘, .--- ---:---- - , ,
REV. DR.-PEDDIE.-011 t4ttlibtall last, this venerable
clergyman commenced the sixtieth ;ear of his ministry in this
city. On that occasion he preached in the afternoon to a largo
audience, and took for his ti xt 1 Cor. i. 21, " It pleased God
by the foolishness of preaching to save them that believe." In
the introduction he stated that, fifty-nine years before, he
hail commenced his public ministry in 13rist-street congrega-
tion, by addressing them from the same text, and feelingly ad-
verted to the many changes which had talcn place in the oon-
gregation since that time, and how very few of his hearers on
that occasion still survived. The Rev. Doctor preached with
de.r3ithGeiibso alteration great animation, and was listened to with deep attention.-
-Edinburgh Paper.
and others belonging to the county,
TARIFFA melting
interested in the measures affecting
• agriculture, proposed by
Sir Robert Peel, was • held yesterday Paxton's large room,
ETAX.—MEETING OF FARMERS.
the Cinhathiro.
CTohrne!
Royal Exchange, Sir Alexander
resolutions, condemiAr
cattle, tha increased duties
laws, the regulations for importing
said to be another mistake of the
on linseed cake (which
tariff printer), and an
On this daythe eor 1-9' V ').
in
.) t, .), i int, George the
Fourth married 6aroline . Amelia Augusta, the second daughter' '''
ili ooismu, t ax. —Ayr Observer.
of the Duke of Brunswick (by Augusta, the eldest sister of his
Majesty George the Third).