The Arkansas banner., 1845-04-09

tttiF A Ssi51 " " tliS lt t4'it Ai+-AA ''4 timatinn and warning. The object is one of expressing importance, in q commercial point of view, aad interesting in every way to our American and Canadian readers. On the 5h of next month, Sir Robert Peel calculated taat the revenue would stand thus
 INCOME.
 Customs, G22,009,000 Excise, 13,580,009 Stamps, 100000 Taxes, 4,200,090 War Office, 100000 Crown Lands, l53,009 Miscellaneous, l50,000 Total ordinary sources, G47900,0o0I Chinese Compensation, 100000 Ilali-year's Income TaX, dae at AIich
 aeInas, 2,600,000
 Total, G5l, 100000
 EXPENDITURES.
 Interest on Public Debt, G30,795,003 Army, G,60l, 900 Navy, 6,93S,000 Ordinance, 2142,000 Sundries, 3,22I, ,000
 Total, 4G,69l ,000I
 This is his estimate of the income and cx- pendiMres as they will stand on the 5th ol April next; but the income tax will expire, together with the Chinese compensation mo- ney, in the present year Supposing, how evCr, the income tax to befenewcd, as il will be, the matters will stand thus Estimate above, &5l,100,090 Half Vear's income tax 26DeG GOO Toal estimate for the year, G53.700,000I From this, however, he deducts G6,000,- 000, of Chinese compensation, as it is an ac- cidcna income, so that il will be
 Income, G53,l00,000 Expenditure, l9, l69,000 The reductions 10 be effected are Sugar, E1,000,0 ,000 Goals, 1IS,000 Import duties on raw materials, in-
 eluding Slaves, 320,000 Cotton Wool, GS0,000 Auction Duty, a00,009 Glass, G40,000I
 Fotal loss to the Revenue, G3,35S,009# which will nearly absorb the estimated sur. plus of G4,409,000 twill be seen that the whole of the pro- gramme is based upon the renewal of the ln- came-tax, which brings ia a revenue excced- ing 5,000.000.
 The Bank of England, Il is said, is about to reduce the rates of discount at their yari- ous branck banks During the past month, the bullion in the Bank has increased from Et47S7S28 to &I5,A53, 1903, an increase of G665,176 In the same period lhe cireu- lation has decreased SSi9,A76 The Funds exhibit quiet and steady appearance. MeXi- can Stock. in consequence of the lastadvices, has improved liGlle. Mexican bonds have been done at 45f The state of the cxchan- ges between the United States aud England, which continue greatly in our favor, and pro- dnce heavy imports of bullion, are beginning to excite appsehensions III commercial cis- cles.
 The Gazette of Silesa announces that the ] Russian Government is making immense pre- parations for the Spring campaign in the l Caucasus, and that Count de Nesselrode has obtained from the English Government the most positive assurance that all possible means should be taken to prevent assistance being received hy the rebels (as the Circas- siaps are called, though they never paid and never owed allegiance to Russisl from England. More shane for the English Go vernmenl, if this be true. The apathy shown towards these gallant meuniaineerS in their struggle with their ruthless sassailant is a blot 1 on the free nations of Europe, only surpass- ed in ignorance by the abandonment of un- happy Poland
 CoMMERcIAL.-The business transactions of the last fortnight arc favorable for the ex- tension of trade foreign and domestic The Cotton Market, in Liverpool, is buoyant, and every one prognosticaies the happiest results from the abolition of the important duty on the raw material. 1l,500 bags, vesterdav l2,033, and this large demand has advanced the prices of some descriptions about an eighth but the improvement IS not general. The remission of the duty will take place when the bill passes,
 The accounts from the manufacturing dis