New-York daily tribune., 1845-03-21

OF Foreign Iuscovado. ....- 5000 il670o
Of Foreign Claycd. ..------- $4,000 900 .
Tots, .2z5.C05 cIgi6757
last cars ,2it'Fo
Estimated loss Of revenue for year lA6.. 100000
All EXPORT du,ies he proposed TO abolish, includ-
ING Goa land ou OF SI3 articles liable 10 import
duty he proposed to STRIKE out i30, whlct must ne
cessarlly lie great advantage to commerce as The
articles consist chiefly oi raw materials suc az
six hemp. lax, furniture wocds, animal ana veget-
able oils, ores and minerals with The exception o
copper opc) dyc stuiis drugs and slaves Nc. lie
considered il more deslder Die retaining the power
of examination, and of asceriaipIng the weights
and quantities oi imports, tor statistical lniorna-
tion-to abandon the dniy altogether rather than 10
retain II when it is very Tliilrg lie does not IN
tertcre with the duy on timber, wlii the exception
of slaves OF d certain length aud width.
The next article was cotton wool, aud on this ar
iclc he proposed total reduction, as the duty now
levied being actually above OF penny perPound,
Tell heaviest on the poorer Glasses as thg lower 'ie
price of the rlw material the HEAVIER is the dlty on
The coa!ser labrics-besldes II exposes them 10 tor
mdabe competition in South America, China, and
even in the colonies. The reduction oil the duty
on sheeps wool has been productive OF l;Ie best et-
feels and hence another argument IN idVor oi The
reduction on cotton wool
The next article is that Of glass, the duty on
which has trebled since 1915, and amounts 10 zC0
and 800 per cent the value Gi The article While
the excise regulations mposea ddluonal ccst. There
is great import oi foreign 2 Ass INTO our bouded
warehouses; and this being liable 10 duty, exported,
bratinr our manufactures nOialone lnioGelgn coln-
tries bu III our own colonies. He took review OF
the beautiful aud useful purposes 10 which glass,
fabricated under a system admitting the Tree adapt
alton of capital and skill, might he APPLIED, such
as chronometer sprlnss water pipes (whicil can be
manufactured al 20 per cent less Than IRON pipe ana
capable of bearing greater external pressure. For
the purposes Of health glass pipes are greatly ent
;eG to the preference, d hnt not 10 be lost TO your
shrawd couA;rymen) The reduction oi this tax
will be of especial benefit 10 Ireland, IN increasing
the light ard comfort of the cabins OF the poor peo
Plea window glass Is quite rarity among the Ca
bins of Ireland and where one Is found II Is sure
SIGN of the residence Of .Mathcwlte, or the more
intelligent peasant; and It's generally marked with
a border of white wash while the walls OF The hut
retain their pristine mud color. 1t will give IN
creased activity 10 glass manufacture IN iTeiand as
we possess the alkaIi and coal urd many other Ia
ciljties which have never been Brought into opera
ton owing 10 the severe duty
The loss 10 the rcvenHe by the proposed reduc-
tons. amount 10 Is 33S 0G0. This Is bold eX-
pertinent, but the Premier has great confidence IN
the elasticity of the resources of lie county, and
looks forward 10 the time when from the increase
of revenue const quent on these rcdUcunrs, the
country will be relieved from the Income tax. lie
expects that the indirect aud lncicenta! effect vii
he 10 cause increased CONSUMPTION OF many art-
c.es subject TO duly: and by lnvigoratnS the IN
dusry, and extending the commercial enterprise ot
the country, 10 supply the void caused by dlgect
taxation.
To supply the deficiency caused by this bold and
comprehensive remission OF duty. lie asks the con
tinuance oithe Income Tax tor the ensuing ihree
wears, and no doubt he will obtain IL
The Press of both parties, generally speaking,
admire the sound, philosophical system OF finance
propoundcd by Sir Robert, though the Agricultural
interests deem themselves harshy treated, by being
entirely overlooked. He has boldly declared
against any farther Protection although he admits
that The Agricultural Districts are suffering severe
ly This ne ascIbss TO the partial failure OF crops
rather than 10 the want of sufficient Protection
and although The Asncul;urists icel scIe al Sir
Roberts unceremonlous treatment OF their grlev
ances, vet they dare no, oppose him, lest The Anil
Corn Law League should have strong Influence
in the Cabinet Of his successor. When asked 10
afford some aid he replied that II was not easy 10
find out a TAX. the repeal of which would benefit
the Agricultural interest.
Sucn is the budget and II Is only necessary TO
add that Sir Robert has carried his resolution for
lie extension OF The Income Tax for the next three
wears, by majority Of 2GS against the amendment
of the Opposition, ! have enGeavored 10 give You
the principal items Of II, succlncty possible,
wi;hou, mixing up any Of The debate thereon. For
other items Of news see my Eext letter. This
Steamer brings out to YOU the news OF Inc Geaih OF
Rev Sydney Smith, whose name will be femem-
herea so long as Repatriation Is 10 be found IN
dictionary in Pennsylvania be Will be a loss 10
The Wing ranks, as he was one at their abest
writers He expired on the evening OF the 2d
February, in the 7iIt year OF his age j. ;. d.