The Sun.
London, England, 1845-01-28 00:00:00

PUBLIC TREASURY.
3,265,604
4,204.576
417,832

Direct imports.
Indirect ditto
Crown lands and miscellaneous

Total revenue

EXPENDITURE.
BOARD OF PUBLIC CREDIT.

Milreis.
Interest on home debt . 1,481,918
539, 386 , 1
Interest on foreign ditto . ..

2,868,45'

General charges (including Civil
List)
Home Department
Finance ditto

~. 2,065,207
~. 1,098,351
~. 676,214

... 423,216
... 2,494,523
868,194
223,277

Justice ditto
War ditto
Marine ditto
Foreign Affairs ditto

Surplus

10,756,954
The presentation of this budget was preceded by a
very long programme, which the Finance Minister read
aloud to the Chamber, and the most important and inte-
resting portions of which wehave selected for translation,
as follows, viz.:—

Cr RAN SLLTION.)
Sirs,—l have the satisfaction to lay before you the
budget of the receipts and expenditure of the State for
the financial year 1845-6.
" For my ability to do so I am indebted to the confi-
dence with which ner Majesty the Queen has honoured
me; and assurei:tly never was it my duty to perform a
more pleasing and grateful task.
" The effuv..ts by which the present Administration
has for three years preserved public order, maintained
the institv.tions of the country, and provided fur the
exigeneie.; of the State, aro fully acknowledged and ap-
preciate 3.
" Tkae triumph of the cause of royalty and legal liberty
—the, organising and reforming measures adopted in all
brailches of the public service—and the punctual
futzilment of all legally contracted engagements, have
been the bases upon which we flatter ourselves to have
established that public confidence without which there
can be neither political stability nor financial organi-

sation.
" Various measures promulgated in the eourse of las
year by the present Administration, are now becorre
laws of the land. Amongst them there is one which is
eminently tendent towards the organisation of our
finances. I allude to the farming of the united tobacco,
soap, and gunp3wder companies, in connection with the
raising of a loan of 4,000 contos, at five per cent. and
at par.
" A series of political events bad long rendered the
solution of our financial problem extremely complicated
and difficult. Imperative circumstances arising out of
those events had caused a necessity for sacrifices which
the scanty resources of the treasury could ill support ;
, and to crown all other difficulties, the future revenues
were mortgaged to the extent of two-thirds of their
amount—a state of things which could nut but • inspire
the Government with the most serious apprehensions of
a crisis, the fatal consequences of which could easily be
foreseen.
" It was in this alarming situation that the Govern.
ment conceived a thought pregnant with advantageous
results to the country, and calculated to put an end, in a
~reat measure, to the torrent of embarrassments which
t,
involved it on every side.
" The Decree of the 30th June last contained that
most important measure, to which we owe—
" Ist. The loan of 4,000 contos at par, and at the
moderate interest of five per cent., to be redeemed in
23 years.
" 2d. The augmentation, by 72,427 milreis, of the
price for which the tobacco, &c., monopolies have been
farmed.
" 3d. The redemption of the mortgages upon various
branches of the revenue.
"4th. The rapid rise in the value of the public funds.
"sth. The development of the spirit of association,
inspired by confidence in the acts of Government, anal
the tendency of capital towards useful undertakings,
which must promote the material amelioration and pros-
perity of the country.
"The Government purposes laying before this Cham-
ber at an early period a statement of the application of
the last loan of 4,000 contos, and to propose such mea-
sures as it may deem indispensable, in order that the
ordinary and extraordinary expenses of the year, ending
30th June, 1845, as well as any extraordinary demands
that may arise in the following year, may be provided
for without encroachment upon the revenue appropriated
to each of those years.
"I shall now proceed to state to you the estimated
revenue and expenditure for the year 1845-6.
(Here follow long details, the substance of which is
given in the above abstract.)
" The interest on the foreign debt is calculated at the
rate of one-half per seat. additional, in conformity to
the decree of the 2d of November, 1840. There would
therefore be, under that head, a deficit of 248,292
milreis; but by means of the accompanying project, No.
1, which I have the honour to lay before you that de-
ficit can be covered. It is proposed therein, that in ex-
change for the additional duties upon foreign imports,
which have hitherto formed part of the endowment of
the Board of Public Credit, shall be substituted an
annual allowance of 900,000 milreis, 480,000 of which
to be paid from the Custom-house of Lisbon and 420,000
from that of Oporto.
"You will see by a comparison of the present estimates
with those for the years 1844-5, that reductions to the
following amounts have been made in the expenditure of
the several departments, viz.:—
Home.... ........... .. •
Finance 122,029
Justice
War
llarine
Foreign Affairs

451,017

Add to which the reduc-
tion in the Pension List 64,035

Total 5aving......... 515,053
The Chamber will see from this statement that the
Government has been mast solicitous to adopt all prac-
ticable economical measures, in order to avoid as much
as possible the imposition of further burdens upon the
country.
By a Royal Decree published in the Diarie of the
16th instant, the Queen has ordered the assessment of
the decima tax for the financial year 1644-45, to be pro-
ceeded to forthwith, so as to be completed by the 31st of
May next. The decree further enjoins an inspection to
be made of all lands and houses, end a strict inquiry into
the means and incomes of all persons subject to the
payment of that impost, by the visiting Commissioners
ap?ointed by virtue of the decree of the 7th June, 1844 ;
as also that. any Commissioner who may show himself
deficient in zeal, activity, or intelligence, in the discharge
of his duties, shall be dismissed and substituted by ano-
ther and more capable person.
The project of law for the abolition of the foreign
Conservatorial Courts was voted naaraimously by the
Chamber of Deputies on the 15th inst.
In the course of his speech the Minister owned that
there had been great difficulty in inducing
-the British
Government to surrender the Conservatortal privilege
by the treaty of 1842, and that Lord Aberdeen had only
consented to the sacrifice on production of proof incon-
trovertible of the great amelioration which had been ef-
fected in the judicial machinery of the country. Of the
improvement in question her Majesty's Minister at this
Court had soon after a taste himself, having been for the
last year or upwards involved in a suit to recover the
value of a broken-winded horse from the rogue who sold
it to him warranted sound.
An attempt is making to form an opposition company
of" Public works," under the name of the " Alliance"
with a capital of 8,000 contos, but as the projector:, at
the head of whom is Count Farrobo, are all of the anti-
Cabral party, the -Government is endeavouring to
throw cold water upon it, by refusing to sanction its
code of statutes.
The Cortes have be en occupied during the last few
days with a project for equalising the weights aid mea-
sures throughout the country.

GENERAL ANNULTY SOCIETY, 36, Coleman-street,
for Allowing Annuities to Decayed Merchants, Bankers,
Professional Men, -their Widows, and Clerks, and to
Single Females, the Daughters of Persons belonging to
such Classes.—Luke- James Hansard, Esq., has, in a
communication full o f good feeling, addressed to Mr. 11.
F. Richardson, the secretary of this charity, munificently
presented 1001. Thr.i annual festival will be presided
over by Lord John ...Russell on the 30th of April. The
stewards comprise mines ()idle highest rank of commer-
cial and professional importance.
SAVINGS' BANRs.—Under the recent Act of Par- '
liament applying to savings' banks, various amounts of
interest have been 6 xed ; and it is a curious fact that
small institutions as !re allowing a higher rate than larger
ones, whereas the larger ones (reaping of course a
greater profit) ougl it to allow the higher rate of inte-
rest. Probably the se conducting laiv banks are de-
sirous to produce a:.': much `° surplus ' as possible, but
the Government h as a surplus fund enough in Land
from savings' banks., 'Why, then, cramp depositors' in-
terest? The higbeest ra to which can bo allowed to them
no,v 133 per cent., and ;that they ought to receive—not
a traction less. The C:o vernment ought not to be bene-
fited at the expense of d eA iositora.—From a Con; espondent.
It is mentioned as an extraordinary circumstance,
of
rn t
hßer r Brill I
m inr dell.,
that the white thorn . )n wCiicli Lamb (;ho is accused of
murdering
elis)liopu-nwood), is said
otsaindto have
hung the rinia John
grown
the sixteenth part o fan inch during the e'ight years that
have elapsed since t tse murder,