The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1853-05-03 00:00:00

HOUSE OF C031310,7-cTS-.••

The house met at four o'clock.
Mr. LASCELLE3-reported, from the Totness -Election Corn.
mittee, that Thomas Mills, Esq., had been duly elected.
Lord R. GROSVENOR reported, from the -Bolton Election
Committee, that Thomas Barnes, Esq., and Joseph Crook,
Esq., bad been duly-elected, and that the petition against their
return was frivolous and vexatious. (Hear.),
In reply to a question from Mr. T. Baring,
Sir J. GRAHAM said -that instructions had been given to the
Admiral commanding on the Singapore station• to protect
British interests on the coast of Borneo; but, before using
force he must have distinct evidence of acts et piracy having
been committed. The Admiral bad also been. instructed that
it was not the policy of the government to establish any colony
in those parts.

Ma. WILSON, in reply to-a question, said it was the inten-
tion of the Chancellor of the Exchequer to bring in. a Bill in
the course of the present session, for the regulation-of ziavinge
H-E Banks. T. 13111/G ET.
The House then went into Committee of Ways -and Wails ;
when the adjourned debate on the Income-tax was-resumed by
era. W. CLAY, who supported the Government proposition.
Sir FITZROY KELLY conteuded that Mr. Gladstone had
shewn that the landed interest paid ninepence- in the-pound,
while- professions and trades, only paid sevenpence ; anti yet,
instead of proposing a means-of redressing the inequality, the
proposal was to add another large burden upon- the.landed in-
terest in the shape of the legacy duty. He opposedthe resoltt-
trens-on the ground that they were part of a scheme which im-
posed. a new burden upon the alreadyoppressed landed interest,
and sought to extend tub-eland the income-tax without anyjust
reason. He had no faithin the pledge that the income-tax.would
come to an end in 1860,, for,, after what had occurred in.refe-
rence to the guarantee in, the matter of the Canadian, Clergy
Reserves and other matters,his faith was shaken in.the pledges
of public men. .

ilr. LOWE supported_ the. propositions of the-Chancellor of
the Exchequer, and replied at some length to Sir. F. Kelly's
arguments.
Mr. J. BUTT thought there were no grounds. for supposing
that the Income-Tax would be repealed after the.term of six
years. • He considered„if the. House voted for its continuance
for that time, that they would be voting it a permanency.. He
should oppose the propositions entirely.
Mr. Ilirrr saw no reason.why Irish members should not join
with. English members in • resisting so unjust a proposal as the
continuance of the Inc-me-tax in England, and an. extension of
it to Ireland. He was opposed also to the other propositions.
Mr. Sergeant M URPILY. would not vote for the amendment,
as.it would tern out a ministry which he had so lately as last
December assisted in bringing into office.
Mr. CONOLLY would oppose the resolution.
After some remarks from Mr. Rocaa against. the -Budget,
Mr_ DISRAELI said that .he had much pleasure in. stating
that,,after consideration, be could give his entire concurrence
to-the leading proposals of the Budget, inasmuch as- he found
they were entirely the same aa. thosewhich he (Mx..Misraeli.) had
upon two occasions brought before the House..-_ ilpon one of
those occasions, Mr. Gladstone had stated that it. was im-
possible to attempt to legislate for a great country„ even one
year in advance, and yet the right hon. gentleman ivas,attempt-
ing to legislate for seven. years, and fix the rate of interest for a
half of century. He then. proceeded to explain the grounds
upon which the late Government had proposed .to -charge less
upon precarious than. .upon real incomes. He thought the
income-tax would not be abolished in seven. years. He
saw the spirit of the age was in favour of the con-
tinuance of the tax,..and. also that the financial policy of the
Chancellor pointed inAlle direction of the abolition.of customs
duties; for these two reasons he considered, therefore, that
even if the present Chancellor was in office in 1860,. lie would,
in all probability,, renew the tax. In his, opinion the whole
financial policy of the Chancellor was based upon.principles of
injustice to the whale land. He then proceeded. to criticise
various propositions, of the Chancellor with .regard to taxes
upon succession. He considered them unsound,,in whatever
shape they might be taken; and with regard to those taxes upon
landed property,. he, looked upon them as new Lots and bur-
den upon land. The right hon. gentleman therialluded to the
system of licenses,, which he condemned,,and concluded by
saying that by perseverance in the course, Government were
now adopting they would convert a first-rate- country into a
second class republic—(much cheering), .

Loan J. RussnT.T, having replied, the House divided, when
there appeared=
For the, Amendment
Against

Maiority in favour of theHudget I
The CHAIIiZIAN then ordered to report progress, and ask
leave to sit again; and some other business being disposed of
the House adjourned at 45 minutes past two.

TATTERSALL'S—This DAY.
CH us-r.'s CUP.-7 to 2 agst Trifle; 5 to 1 agat Peggy, 6 to 1
taken ;15to 1 agst Tallourd, taken ;.20 to 1 agst Black Doctor,
taken; 20 to 1 agst Missive, taken ; 20 to 111;st Boarding-School
Miss, takes.
Duaßy.-3 to 1 agst West Australian; 7 to 1 agst Orestes.
taken ;,10 to 1 agst Honeywood, taken; 15 to 1 agst Urabriel
taken; .25 to 1 agst Brocket,

CORN MARKET.
Very large supplies of Foreign grain, and trade very, dull.,
English Wheat slow of sale, and both English and Foreign suf-
fered a decline of Is. per quarter. Flour is the turn lower.
Very fine Barley about the same ; Foreign is 6d per quarter
cheaper. Oats very flat, and Foreign 6d to is per quarter lower.
Beans and Peas are very dull, at late rates. In Seeds nothing
doing. Red Wheat, 425. to 505.; white, 425. to 525.; town
Flour, 445. ; distilling Barley, 26s to 285.; biaiting,3Qs. to 335.;
grinding, 245. to 275.

English. Irish. F,oreign.
Wheat 3599 28219
.
Barley — 821 16332
Oats 4445 4276 35505
Malt 6159
Beans ' ,
Peas lO 461
Flour ,• • 931 ---- 1461 aks &
1081 brls.
PRODUCE MARKE,T.
Market closed to-day.
TALLOW MARKET..
Stock 25,108 casks, against 42,996 same time last year:
Deliveries 2,256 casks, against 930 same time last year.
CATTLE MARKET.
Beasts sold readily at Monday's. prices. Sheep and Lambs
2s iodLatmo
Lambs,
S:2IdV.
did not sell quite so well. A demand far Calves, at Friday's
quotations.
Beef
etaot6s. 4d 3s Gd to 48 4d
Mutton..... 3s 6d to 5s lid Pork
Beasts
Sheep and Lambs ...... 34300 1 Pigs . 3lO
ARRIVA
Norfolk and Suffolk Beasts LS.
2100
Cambridge, Leicester, Lincoln, and North-
ampton Beasts l5O
Scotch Beasts 460
Holland Beasts. 773
Do. Sheep
Do. Calves 153
Spanish Sheep

MANCHESTER STOCK EXCHANGE.
Chester and Holyhead. 24*; Lancashire and Yorkshire,
soa, 4, 3 ; London and North-western C quarters, 1 9-16ths
prem ; Sheffield, 304, 3, cash; Midland, 763, 4,4, 3; South-
eastern and Dover, 23; York and North Midland, 31.

LEEDS STOCK EXCHANGE.
No business transacted to-day.

GLASGOW PIG IRON MARKET.

Very little business doing at to-day's market. In prices 00
change.
LATEST SHIPPING INTELLIGENCE.
Eugene, hence at Antwerp, 29th April; Neptune, hence at
Bremen, 28th ; Aiza, hence at Hontieur, 25th ; Nouvelle Union,
hence at St. Nazaire, 27th ; Maria Resfina, hence at TOell'
27th ; Amelia, Martha, Try, hence at Helvoet, 27th ; Frar
fort (s s), hence at Genoa, 24th ; Taurus (s s), hence at Gibral-
tar, 27th.
Duke Nombre de Jesus, sailed from Santander, 22nd April;
Sara, sailed from Messina, 9th—for this port.

LIVERPOOL :
TUESDAY, MAY 3, 1853.

PRINTED AND PUBLISHED
EVERY TUESDAY MORNING'
BY THE PROPRIETOR, ROBERT PEARSON THACKER,
OF No. 7, PERCY-STREET. AT THE
STANDARD GENERAL PRINTING OFr,"--
No. 4, ST. oEo=4's CRESCENT, LIVERPOOL.