The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1843-02-20
From the NJ Y. Evening Pe,t
LATER FROM ENGLAND.

LIN ETA TlNOA E.ANoi<HAND'
BY the packet ship North America, which sailed
from Liverpool on the 18th of January we have
ceived three days later dates She brings but us
news. There has been great falling off in the
venue Of the last quarter Considerable excitement
was produced by the announcement.
Nothing Of importance, has occurred on the Con,i-
uent
The funds have been slightly Affected by the return
Of the revenue but the payment of the dividends
help to support the market Consols for immediate
transfer, and ex div, "a 3-6 to "a So. The Sa-
wings Banks Commits oners changed their investment
to this stock to-day, taking il at 9A5-s
THE QUARTERS REVENUE.
The revenue returns for the past year, aud eSpe-
ciay for the last quarter, regret 10 say,
than any enemy Of the present Government could
have anticipated In every department of the re,e-
rue, with the exception oil the post Office there has
been decrease. The customs, the excise the
stamps the taxes all show that this country placed
at tie present moment in peculiar position.
Though nearly one million sterling has been
ceiyed from the importation Of foreign grain, and
abou, half million from the income tax there is a
deficiency of nearly million for the year. In lS4l
the revenue was 4J $50 1881 and in 1912 il was A
329 66Oi. In the cusom-, the decrease the quar-
ter 5Sl 1851 in the excise III ,262i in the stamps
Sc 1864, and in the taxes % SAIL In the year there
has been decrease in the customs Of 824 ,275i, in
irl
the taxes 209, 3l9i-showing altogether that trade
totally deranged, and that system of finance
must be adopted 10 retrieve the energies Of the couu
try.-London Sun, Jan. 6.
The depressed state Of the revenue will have two
good effects II will urge the corn law repealers,
and the advocates Of free trade in general, TO ~.
crease their efforts against mopopocs, and make tie
supporters Of Sir Robert Peel infinitely more tract,-
BILE and obedienL symptoms of resistance TO ms
authority maDifestng themselves In different
quarters.
The enormous deficiency falls chiefly on two de.
partments' Of the national income--the customs aud
the excise. Ia the latter alone there Is reduction
Of more than one million sterling for the year, being
fully one-tenth less than it was on the 5th Of Janul
ry, 1912. But even that is small compared with tie
diminution which has taken place on this head dur
ing the last few years. In 1899 the excise produced
revenue Of l4,5l5l42 being three millions more
than at present; the customs produced 22,O6J -,
and the two departments realized &c 5Sl 800, exceed
ing those OF 1912 by six millions sterling
There could not be greater proof Of the lament
bic condition of these people than these results -
Want Of trade and want OF money alone are cause
Of this great dmlnution, and the landed proprIeioh
will find 10 their cost thai unless great reform
takes place in all our relations of trade with oer
countries, the evil will speedily roach them also.
The London Chronicle says; "There is here
enough TO awaken reflection IN the most inconsd-
crate. deficiency IN single quarters revenue OF
between eleven and twelve hundred thousand pounds
indicates downward progress Of the people which
calls for the most serious attention Of every interest
throughout the country. Calculating by the l'h
quarter the falling Oft in the excise alone Is litte
short Of three millions year. We put II TO the na-
tona creditor, whether, if this state Of things CON
unue he can entertain rational hope that me
from which he derives interest will long 'u
fee for iti
lie Of all men IS most deeply concerned ~ put
ting end TO policy which is laying the axe 10 h'
root Of British prosperity. The people who derive
comfortable subsistence from their industry have
been many of thcm reduced TO short time, aud even
absolute want Of employment. Laborers have been
converted into paupcrs, diminishing the mean o.
Others. The manufactures has suffered, and cannot
consume as he used TO do, and the farmers MAKE.
has in consequence fallen of. The shopkeeper ava
the artisan, all in short are reached IN turn