Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1842-04-26
.VossfpM Mems.
LATER FROM ENGLAND.

Important Neps from India Capture of the
English Army-ASsassinatiO of Sir William
MNaghton, the British EnUoy-Important
Commercial InteHigenee-Sw Robert Peeps
ne,o Tari6-
The packet ship Sheridan, from Liverpool 10th
March, arrive York on Saturday the 4 th
inst. BY WIZ .,..--e, papers 10 18th and LIVER
pool to the l6th March have been received
On the It'll ult Sir Robert Peel brought be-
fore the House Of Commons new financial meas
ure. which appears to have caused great sensation
in England as being bold and very important
measure 1t includes revision of the Tariff laws
which must have ar important bearing on The
trade of this country
The news from India, by the overland mail is
important, confirming the previous accounts ofthe
defeat Of the British army.
Another hurricane had visited large portion Of
ireland with tremendous severity, Houses and
trees were eveled before the wind as if mere chafr
and the destruction of property has been almost
incalculable.
GOVERNMENT FINANCIAL PLAN.-Sir Rob
ert Peel has stated that the anticipated deficiency
for ls49, will be E257O,OOO, and proposes means
for meeting these deficiencies. He proposes that
the income of the country should bear charge
of E2 lbs, I'D. per cent-all incomes under El50
to be exempt from taxation.
Altogether he expected from Ireland, G410,O00
Ofl.200 articles of consumption he proposed
to reduce the duty on $780, and on the remaining
$50 he did not propose any reduction, in conse-
qupnce of the trihing difference between the duty
and the cost of the article.
The existing duty on sugar not TO be disturbed
On coffeethe produce Of British possessions, the
duty to be reduced to 4d per pound; and on cof-
fee the produce of all foreign countries, the duty
to be 3D.
Timber from Canada to be admitted at merely
nominal duty, /. e. the duty on colonial limb to
be Is load, on deals Is load, on laths IS load.
He proposes to remit altogether, the duties on
the export of British manufactures
From The London TnRss of Moreh Is.
FRANCE AND SPAlN-Our private letters state
that the Spanish government had sent the power
of attorney to NJ Sancho, its minister in London,
authorizing him to issue the new stock arising out
of the Capitalization of Spanish Coupons A fur
Their remittance had been forwarded to London by
M Sarraty Rull on account ofthe British Legion.
The disastrous intelligence from India receiv-
ed in London, and the still more melancholy pre-
dictons and assertions of certain London journals
formed on Sunday the objects of selfcomplacent
speculation and comment to the Paris journalists
With the exception of an article in La Presse on
the right of search, conceived in the same spirit
the Paris papers of that day devoted exclusive
ly to considerations on our India misiortunes.
The Presse, in second article on the right Of
search, points out the inconvenience and danger:
arising to the merchant navy of France from the
establishment of that princp in the treaty of s4l
and not only opposes its veto to the ratification
of the treaty, but earnestly calls on the French
; Government to Withdraw from the convention o
1888. "France," it says, 'has been surprised and
wounded in her interests and dignity, under the
pretence of asserting the tranquility of the seas
which would not last long under such a regi
ment The conventions of 1888 are not irrevo
cable. France can release herself from them
without breaking her word or even defeating the
apparent object of those treaties France ought tc
take on herself exclusively the surveillance of hel
navy Nobody can test her right and duty to dc
so without insulting her"
! CHINA-In the Bombay Overland despatch
it is positively stated as follows "The intelli
gencc from China is to the 18th December II