The Sun.
London, England, 1842-03-12 00:00:00

Reduction on various articles of tariff, raw mate-
rials, seeds, &c

Colic°, lus3 nn.

'Timber .

-690 'OO
,0

100,m

....................................... •• ......
Repeal of export duties
Repeal of duties on stage-coaches
4,300,
£52O,`N.
c fat
to meet increased estimates for India, increased ellsrg•es,
China, remission of duties on account of commercial treats
cll
A Return showing the Amount of Duty collected on eacor
the undermentioned Articles retained for Horne CAn!„ tbt
tion in the Year ending the sth of January, previous
reduction of the Duty, and the Duty collected thereon ID '-
year ending the sth January, seven years afterwards.
WINES, TOBACCO, COFFEE, AND HEMP'
Reduced in t
9 1825from110
Wine, the duty being reduced in 1825 from
4s. 94c1., produced in 1832 a revenue of 1,715,8121.,14,-03i.,
1824 it was t',153,112/. Tobacco, reduced from 45..01-,5991,
produced in 1824, 3,378,537/., and in 1832, 3,0-",,,9691
Coffee, reduced from Is. to 6d., produced in 18;,4,
and in 1832, 598,035/. Hemp, reduced from 9s. 2d• to fattier
produced in 18 3, 108,717/. ; and the duty being 5t=114731.i'4731.
reduced, the receipts amounted in that year only to 24,
No. 17.
RUM, SUGAR, AND FRENCH WINE'
ocl. tbs
Rum, the duty reduced in 1826 from 12s 711• to es. „a is
gallon, produced a revenue of 1,284,628/., in 1825;50;274'
1833, 1,570,797/. Sugar, the duty reduced in is3er.'n 037,
to 245. per cwt., produced in 1829 4,896,242/, ennl-t°
4,760,565/. French Wine, reduced in 1831 from !li' itiSS
ss. 6d. per gallon, produced in 1830, 110,4171., and
113,982/.

Estimated amount of taxes..

SPIRIT of the PUBLIC JOUltil
FROM THE MORNING PAPERS OF DAt'n4)1t
CHRONICLE.—It is impossible to refuse to tPti3,olso
Honourable Baronet the praise of great clearness in,s to ih,
in which he submitted his very laborious statemenwhes s
House. It will be observed that Lord John Russell, ,ss gisb
avoided giving any opinion on the extensive plans of t".`dutielis
Hon. Baronet, approved of the removal of prohibitorYhe odt
but thought that he would have chosen better, had
.ear 11$
the reduction on sugar instead of timber ; for ever/ 2e isrsiO4
we went on refusing to foreign sugar an entrance intointhe fs-ei
market, we should be encouraging a monopoly in 011.1,
Indies, and interposing greater difficulties in ti`e eO'
the West Indies. We content ourselves for the Presn s s,
giving an outline of the various important changes °help s
Right Hon. Baronet proposes to make. We cannot
0i centre
be
observing, however, that the income-tax, though soli
small compared with that levied during the war, e;- :s
obtained by the inquisitorial process which rendered' „nqui
generally odious. We might add that objection wucco dt,
tionably be taken, too, on principle, to the placing iriss 011 1,0
rived from property and from professional exerti9
eeat
same footing. But we reserve all opinions on VI Dares
questions involved in the statement of the Right H°o'sr
to a future day. ss 10 °sr
TIM ES.—We do not hesitate so say, that the POP--; hicli to
by Sir Robert Peel last night, and the speech in &lone' $
developed them, would be sufficient, if they atlitey $lO
place him in the first rank of financial statesmen. „petri,ol
complete justification of the confidence which the ctsesPcps
reposed in him ; and the nation will respond to ,bois 0
made to it, not only with satisfaction, but with eTiolf.,s:,
The emergency in which Sir Robert Peel found hietig;re
great; the difficulties which surrounded him were atinaji,
sus. He had to provide at once for accumulat re
it,
gressive deficiency in revenue, and for an increvit tbeos
tore ; to sustain the honour of the British name a-sliitre
tegrity of the British empire abroad, and to relieve aiopeitf,
population, and recruit a paralyzed commerce g„openePs
reduce the pressure of taxation upon the body of the "fpelietitte
and augment largely the receipts of the r 4
00
These difficulties he has apparently overcome. Inn
he has comprehended all these objects, and it w."` seogs''ti
task for any one who reads his masterly details, either s
,
his ends, or to deny the efficiency of the means yfre lste"Jef.
proposes to accomplish them. His measure 0.1
provide permanently for the whole present and estit—„psite
crency of the revenue, to provide also for an ess,-selire iA el
systematic reduction of the duties which operate as ""irus
to our foreign trade, and, after all, to leave a snrrols s'ori
public coffers. And this without laying the weight estinios
little finger upon the poorer classes of society. :‘,%50n1.00
amount of 3,775,000/. is to be raised ftom a general I t,
of sevespence in the pound, or 21. 18s. 4d. per ceneoinfloi
this burden all incomes under 150/. a year are to beat (pto!
and the interest of occupiers of land is to be rated soma'
'
only, instead of three fourths (as under the former
of the rent. In expressing our approbation of this Pride
do so, with respect to the principle, reserving °it tat
upon the details. tstild
POS r. —Sir Robert Peel was very earliest i" 5"-sstiael
unwillingness of the Government to increase the ts-e-rtiditsi
any of the comforts of the poorer classes, and insuvrotiellprs
opinion generally that taxation on articles of con' „dile,/
already gone as far as was politic or likely to be Ku, 11,, hi
The statement of the new revenue was received byht'es
with the most eager attention, and apparently witsdly, 1,40
approbation, even on the Opposition side. Asscser
was developed which none but a Conservative Alin't-rselCsof
have dared to propose. Sir R. Peel established a sos 7-er
to the respect and gratitude of the country, and it
nised by the unanimous cheers of the House, tys cisllP
nouncing the proposed modifications of the CO
he stated the fact that, ;of the twelve hundred dist!„ , one, 01
comprehended in the present tariff of duties, eve;edertelit
undergone a separate investigation in order to a-ice of
proportion between the duty and the ordinary Pr s'
Cre
artic.e to which it applied. British enel
HERA LD.—Never did any Minister of the r sot t),
lay before the House of Commons a fuller or plaine.„„s ifire
of the finances, or propose more extensive alterstZ;bert
fiscal system or tariff of the country, than did Sir in
last night. Sir Robert, in the openin remarks ellor
trJ
which will hereafter form a model fort uture Cba;,gger.ist
the Exchequer, promised the House the " nnietter.or
truth," and he fulfilled that promise to the very 'etee ,p 0
country will now know the real difficulties which shoe of
Radical Ministers left their successors to remove ii`apil.,er
culties are in truth most enormous, but their full set:o'Al'
served disclosure is, as Sir R. Peel justly remarked, t"reeeln,
towards improvement. The probable deficiency
is
meet expenditure for the year ending sth April, s'—tse
less than 2,350,000/ ; the estimated deficiency eerogijr,
ending sth April, 1843, with existing taxes, $ °Tel'
How is the deficit to be met? To increase the tat the ty/
imosed on articles of necessity is only to augme° sof°
cieacy ; the result of Mr. Baring's budget of 1840,P- Theitil.
the limit of productiveness has been already passes'
chest,
port duties now levied on sugar, coffee, and tinlhersrtisles!,,s
irresistibly established, the consumption of those a'nenV
bag
seriously restrict the commercial and manufacturing sod
the country. To find a deficiency of two million: but tor
annually, at the termination of every five years's' tee vitt",
recourse to a series of loans, which must effect„ st o'o4l
stocks, and so augment the cost of funding as °'testleOl-tio7,
cess is resorted to. Economy is elearly no remedY f°e ndslll4l,
great as exists—to save two millions annually is bele osc.,he, 11".
expectation. To raise the amount, or any sum aP,,PossiO'siery
the amount, by the Pest-office, is not onlY ificseild ofe's
would be an interference with a great moral anu.-ei e"
went. The revival of old taxes on various artincie „ppvneoe,
newel of the assessed taxes, would be expensive &legs
experiments. The difficulty of finding a new sourecelissbarior
tt
which shall not only he sufficiently productive to, owe
004
deficiency, but enable the Legislature to repeala, cobeoser!;
duties which press so heavily on consumers and cert'o'
is undoubtedly great, and the expedient resorted so $ sti
ment act startling. Sir Robert Peel proposes a retufrnthatts: yertSf
extent to diretaxation, and to make the basis °ISOI.
property. From this tax all incomes under Islici°o7-s
are to be excepted. It has to he levied uponl seer rsblii
occupiers of lands and houses, public funds at.„ in Trento
trades, and professions, and incomes from sale:l'l-0101So;
offices, and the amount anticipated to be derice"„rsiee,e!„s
3,771,000/. It is proposed to be continued fors peen' IPO
years, but with power for the Legislature to
the respsontare
termination of three years. Assuming for ill oil' Ist Its
principle of this tax to be unobjectionable, 'deoils
the bulk of the community that into its ed. olfe
ing scale might be advantageously intr, dunlcupt r too
impost be augmented in proportion to the 'mot °rose
come possessed. We reserve, however, CO the pot je
after. Whatever objections there may been eaoe.o,
a whole, that of insufficiency or inefficiYan „soerisi.,
applied to it. That plan includes the equalisiats set to si
come and revenue of the country, it provies pecl'iperc_os
whereby to remit taxes which check constamptie"o' coll'oe'ol
model our tariff as to lay the foundation of l!es of °eV's
treaties with foreign states to the augmentatiolic or oissoi
merce without the sacrifice of any great dernest rester, 01,0 t
interest. Sir Robert Peel was rarely heard t° goastlle 0.0!
tage than last night ; the house was at first by by itbst'opi
boldness of the proposition of an income tax is uevislen!,,,e'
the Right Hon. Baronet rose to reply, it was
very
serious objections had been greatly shaken hY, thsentbery
changes which Government proposed to effect b.,.
strumentality of the surplus to be obtained there 'see
subject is, however, as Lord Howick remarked, far hyil,f,r
for us to express an immediate opinion on it. tioe sios
ADVERTISER. —With a boldness, for wi
recisio.oottis
previously given him credit, and an ability, V_ isppolforels
ness, eloquence, and dignity worthy of such ar:ces De,ootFot
casion, Sir Peel last night laid his financial Pr°iti6ettsi.es,,,
House of Commons. It affords us unwonted W 10057,409
enabled conscientiously to offer this tribute to copclaolSo'
policy has so generally evoked our unquallgeuseeenie'seo.,
There is, hem ever, one evil incident to the s Jr 1s rytotoi
which we must in linable caution the people' uniOiselijd
the measure calculated to form the basis of al i,precuots,ls
the Whigs and Tories, and Sir Robert pee the n gss,`,V
man, by nature and circumstances, formed tno,no`,,, apPaolo,
that union—a union to which, notwithsta
the rival factions have, almost ever since the nt'ote;
Reform Act, been progressing by all manner riehbetn,,tif
proaches, urged on by an abhorrence of P°Pn..t", orrt:
polar representations, innate with, and inn'_sessllset
ties. Simply as a financial scheme, we geiir floorcsv
of the Premier's plan. It is but natural that
cog/4140 °sit'
should have more than ordinary skill in
loss account, but there are far higher att 0 the „rtfe,
baiarr!bute, tP,OO
associated with the counting-house necessarY, o thfditertie
trusted with the destinies of the British 11`
pess.
thee h.eriis 4
bt
lowering circumstances of their fate. It Ifs
i,nobers
quisites of statesmanship that we doubt Sir
,_"tbese re~ so
lifications for his exalted position, but if rseistetsotoeSif
should, even by his own slow, tortuous,
owed our anticipatiens, we shall be real savi,
0,9;
the past, to hail him as the regeneraso urgeelsysti!e
country. Our opinion of Sir R. Peel is, thata if Fell, es:o,e
Whigs, he will discard the Tory oligarchy, u
l dee 'lad
and
kesitlinto r/1`
judiciously, and firmly urged on by the peoP ignsof 0,t10!
the head of that party which we have alreadjewan.
Nation. Sir Robert Peel is essentially tli „acne ir pel),(r
ency, which means nothing more than
Let
o.oelef the r
himself to the urency of the times.
soenritth,e6y prteo3sauny form
re,h
and they
please.
ymayinould the statestrian °

C‘4
loci 0'
(1(

efo
The Infante Don Francisco," saes 11)Ja`,"
respondent of the Presse, " hz.s requested of 01:to Sr 4
10,
admission of his second son, Don Enriquez, innto°t
navy as a midshipman. The Regent it said
granted the request, but even to have at once Made
Infante a Captain."

I'o
,0
($1
BIRTHS. •fo eftnfsn'
the
On the 9th of January, at Dharwar, Natica
J fief
of ha
sonn Blaxland, of the 47th Regiment 111adras
he wife 0f
the
On the 7th inst., at Latton Vicarage,
H. W. Beadon, of a daughter.

MAIED.
On the sth inst., at Netha R
rseaßl, Leicestershioogero
rYanila.'
ham Didham, Esq., of Ryde, Isle of Wight, ~t,
dangl.for of the late Rev. J. Roby, Rector of 1,

on of the
On the 3d inst., Edward, the youngest
:harles Marshall, Rector of LaWh:

DIED.

11.
Corniva
y 0 04'
London: Printed and Published by MIIII:Tio „of
No. 112, Strand, at The Sup. Office. I''''',",7lrl" •
the County of Middlesex, Saturday, March