Star.
London, England, 1828-07-12 00:00:00

MAJORITY and 11 I NORITY

Op the Bill to Prevent Corporations from Applying their Funds to
Electioneering l'urpo.es. July 10, 1828.
MAJORITY.
Battey, Harrison Jerhson, C. 1). O. Bice, Spring
Benet, John I.3miserti Jas. S linhiuson, Sir G.
llorrotlaile; R. Lamb, Hon: Geo. Robinson, G. R.
Clive,. E. B. Leonard, J. IL Sandon, Lord
Cho!tuely, M. J. Moberly. John Smith, Wm.
Capel, J. Martin, John Stuart Wurtley,Hon.J.
Dawson, Alex. Mona, J. 11. Seymour,
Gilbert. Davies 241‘Kinnon, C. Taimaab, Lion. --
Gurney, H. Palmer, Fyshe Thomson, C. P.
Grahani, Sir Jas. Pendarvis, M. Wood, J ohn
liaise, Jas. Protberot, Ed. Villiers, 11.
Mime, Joseph Phillimore, Dr.
Taitast—dtway. Cave.
MINORITY.
Atkins, Alderman Filer, Thos. 11..
Attwood, M. Lowther, Lord
Baiike., Geo. Lushington, Colonel
Cust, Hon. Sibthorpe, Colonel

Trant, --
Wilson, James
'MLLES.
Ross, Charles

SECOND NI tsoltrir OF FIVE
ON Mr SAME QUZITION.
Atkins, Alderman Danko, Geo. Lowther, Lord
Att wood, 11. Cust, Hon.—
Tswias—Wilson, James; Sibthorpe, Colonel.
LIST OF THE MINORITY OF NINE,
•
Who voted against the Irish Survey, ou the 7th July, 1828.
Mars, Henry hlonck, J. B. Stanley, lion. E. O.
Littleton, E. Palmer, C. F. Waithman, Ald.
hlabctly, John Parnell, Sir H. Wood, Ald.
TIELLZI—J. Hume.
... 120

Fur Survey ..
Agaiug ... ...
Blajotity for ...

... ......111

THE EVENING STAR.

LON DON.

SATURDAY, JULY 12, 1828.

STOCK EXCHANGE, TWELVE O'CLOCK.

The chief topic of conversation in the City this morning, relates
to the Budget, which was brought forward last night in the House
of Commons by the emit/tem:4a of the Exciumma, which is very
favourable (or the Public, as no new taxes are wanted; but this is
not the case in regard to the Stock Exchange Gentlemen, as it is
now finally settled that we are to have a real Sinking Fund, one
out of the produce of the Revenue, which Is to be three instead
of fire millions. This reduction will operate on the British market,
as the Commissioners will now purchase on a smaller scale, conse-
quently less Stock will be taken out of the market.
Consuls are now at 87i, with not much doing.
CITY, HALF-PAST ONE O'CLOCK.

An Repress has-arrived from Paris, bringing the Punch Renter
of Thar, lay.—Five per Cents. 1051. 80c.—Three per Cents. 72f.
115 c. The cots•inual rise of the above Funds for these few days
past, is attributed to a..counts received at Paris, that the Russian
Ambassador is also going to Corfu to meet the several other Am.
bassadors, and the moment the Turkish Ambassador arrives, who
is also espected there, negotiations will be resumed.

Consols have been fluctuating during the morning between 87.
and 8711. For the Accoent a great deal of busines was done in
the early part of the morning, and at present Consols may be quoted
at 871 871. alterna:cly buyers and sellers.
In the Foreign 3larket scarce any operations, except in BMW
peso, which has lowered.
PRICE OF STOCKS AT TWO O'CLOCK.
Bask Stock India Bonds
3 per Cent. Red. 661 7 Old Annuities
3 per Ct. Cons. 85j 161 ex div. New Ditto
31 per Cent. .81000 Racket'. Bills 68 9
31per Cent. Red. 941 S £5OO Ditto 63 9
4 per Ct. New.lool 101 ex dim. £lOO and £2OO Ditto 68 9
4 per Cent. 18.26, Advertised
Long Ann. 19 9.16 11.16 Bauk for Acct.
India Stuck 2461 ex div. Consols for Acct. 67/ I
frOltKltiN 1. ONUS, TWO O'ClAtt K.
Brazilian Bds. 5 pa. 611 Ports's. Bds. SpC.
DoAcct 621 ..Do Acct. 571 f 3
Danish lids. 3 p Ct. Russ:Ny.lB22,s per Ct.
DoAcct 611 Do Acct. 931 1
. .
31ez.8d5,1825,6p Ct. 401. Yreach Bents, 5 p Ct. 105 f 25e
Do. Ace. 403 1 3 1 Exchange 25f 30c
BkiITISH AND FOREIGN SliAitliS, TWO O'CLOCK.,
ssu«a. rain.
Brazilian 35 eo

69 70 69

The Budget was brought firward last night by the
Caisacar.Lort of the EXCIILQUER, in a speech marked
with great candour, and displaying much meth-el and
ability. The financial statement, under the circum-
stances of the country, we consider satisfactory, whe-
ther as regards the receipt cf Revenue, or the arrange-,
ments by which the expenditure has been adapted to ir.
The estimated surplus of the present year is 3,088,7081
being an excess of nearly two millions riser that cf 1827•
Instead of the plan hitherto adorted of borrow•ir;g
money to add to this surplus, so as to make up the
Sinking Fund of five millions, it is now; proposed, in
accordance with the advice ci the Finance Committee,
to assign t'te surplus Revenue only to this Fund. No
additional taxation will therefore be required for the
present year—a circumstance which will be hailed with
pleasure by the country. The old system of the Sinking
Fend seems now generally admitted to be delusive, and
the Government hive shown their concurrence in this
opinion, or at all events theif- respect to the notions that
ate estibli•Jbed on the subject.

We cannot a►oid expressioz, our regret at the recom.
mendatien of the Finance Cnnmittee, in favour of •
deduction from the Salaries of Officers and Clerks in
the Civil Service, in aid of tl:e Superannuation Fuad•
The Officers and Clerks in question have at this mo.
went a vested interest in that fund, so far as the pledges
of Government, sanctioned by law, can create a vested
interest ; they have a claim on the national faith as
sacred, and (as was heretofore considered) as intik!.
able, as that of the fundholder, or any other class of
persons wi;h whom a particular contract has been so-
lemnly made. The proposed deductions then can only
be levied ou the ground cif the salaries of public officers
being universall y too high. This, as a general ropo-
sitioa, can hardly be armed ; on the contrary, it seems

. ,
to be admittol b 1 sonsi: of ti.e most strenuous advocates
of retrenchment, that the salaries of the inferior officers
and clerks under the Foblic Boards, and in the several
Revenue Department., are on a sca!e scarcely higl
enough to secure the iesprctabiiity of the parties. Thi•
is conceded in an article on Finance in dm Edinburgh
Review for March last••-•il place where we should cer-
tainly not expect to find such an opinion expressed, it
there were any doubt upon the pint. New scales of
salaries have recently been made in the departments of
the Customs and Excise, and now, it seems, the amount
respectively fixed on with tel.rence to the labour and
responsibility of each office, is to be reduced five per
cent. The sense of the II 'llse of Commons was so
decided in 1824, when Lord WHAttNCLIFFE carried
the repeal of the Act or 1522 (which is now to
be revived), that a security was felt in all the
Public Office s, that so vexations a measure would
never again be brought forward. The memorable
speech of Mr. CANNING on that occasion ought not
to have faded from the recoils aims of Parliament;
he stigmatised the scheme 4' as treacherous and unjust,
—treacherous, because a breach of the faith pledged
by Government to provide superannuation allowances
for their decayed servants—and unjast, because impos-
ing a partial tax upon a limited number of individuals."
It a general income tax is necessary, t public servants
cannot complain at their portion being called for ; but,
that they should be marked out f3r :eduction does
seem extremely hard. If any particular Offices, or
Clerkships, are overpaid, let then', by all mean., be
lowered ; but let not that circumstance be made a pre-
text for taking from the incomes of those who weil earn
every farthing they receive. At all events, if Govern-
ment are unable to resist the principle laid down by the
Finance Committee, one thing is quite clear—that it
ought not to affect those persons now in office, but
should be merely prospective in it, operation.

We have given in another pact of our Paper, extracts
from the French Journals : their contents are unim-
portant.

We have received this morning Madras Gazettes to
the Ist March inclusive, they contain no news of the
least importance. An account of the battle of Navatin
had reached that Presidency, and created a greit
sensation.

We have nothing to add to the disastrous intelligence
we gave yesterday from Portugal. We can hardly
pronounce an opinion, without further details, on the
judiciousness with which the Constitutionalists have
acted. The behaviour of the Count TArpa' is extremely
unfortunate; nothing, however, but derangement of
mind, could have led to such conduCt in so brave a
man. We insert in another column the result of the
interview between the Portuguese merchants and Lord
AB ZADISN.