The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1850-04-12
OF InE EUROPA.
IA Days Later from Europe.
The Budget Of Englsnd-An Quiet in
France-sDecIIne in COttOn--Advance in
HALIFAX, April 8, P. NJ.

Corn.
HALIFAX, April 3, P. NJ.
Tho royal mail steamer Europa arrived
here after two O'Clock in the afternoon.
She brings Liverpool dates to the 23d and
London 10 the 22d ult.
There is but little news of moment
from the continent. The elections IN
Paris passed off quietly.
The latest advices from India are less
encouraging.
ENoLAND.-Jhe Chancellor ofthe Elk
chequer has presented his budget tor tne
ensuing year, and although he had the
pleasure of announcing surplus oi near
| ly two and half millions. still The man
ner in which that surplus had been aus
posed of is anything but satisfactory to
the country. The Ministers are said to
hold office by a very precar'"us tenure
In developing the views ofgovernment
ON financial matters, the Chancellor was
obliged to proceed on two kinds OF esti-
lmaies, viz:-The income and expendi-
ture to the 9th April, 1850. He estimat
ed that the public income of the financial
year ending on the 9th proximo. would
amount to ESQ 755 $50, aud the expen-
dture to 95O533,6 ,65l He estimated
the probable surplus on the 5th of Aprii
at se2 ,25O,0OO. AS for the estimate for
the year ending 5th April, 1861, he feared
he could not hold out the hope of such
| favorable state of the customs, owing
chiefly to the reduction upon sugar, and
partly from reduced importation of 9th.
er articles, such as corn, brandy, &c
He estimated the receipts from customs,
including corn, at ae20, ,000 900, making
total probable income of G52, 1885 900,
forthe financial year ending 9th of April,
1851.
He estimated the expenditure at ESQ.,
6l3 5S2. but that amount was contingent
upon certain things named. He proposed
TO take for a total margin of 6l50, 900 /;
consequently, the probable expenditure
would be about 95O762 $50, Under
these circumstances, there would be a
surplus income, beyond the expenditure,
in the year. in round numbers of 91 ,50O,-
900. His own proposals for disposing of
this surplus are various, among which
he proposes to apply one half of the sur
plus to a reduction of taxation, and the
other half to the reduction of the nation.
al debt. He pressed upon the House the
necessity of containing a considerable
, lrplus in the exche1uer, as it would en-
able its Chancellor to make those ad.
vauces without adding to the public debt.
: Business in the manufacturing districts
ia not so good.
The money market is frmer, and the
bullion in the Bank of England has in
Gre ased. Consuls closed at S55 fo'
money and account. American securi
ties are said to be frmer, but have nc
quotations.
AUSTRIA AND HUNGARY.-The column'
ofthe PeSth Zeituag are filled with sen
tences cast by the court martial upon per
sons who have been concerned in the late
Hungarian revolution. A sentences o
death have been committed to terms oI
imprisonment in irons, for periods o
, twenty and sixteen years.
An inundation at the Danube ha'
. caused immense injury in Hungary, ant
4 especially at Comorn, Baab and thu
a Taasper districts. $4,000 persons have
/ taken refuge at RaaL, in the creates
destitution.
a 1t is reported that the Congress o
German sovereigns will be held in Apri
: at Dresden, to hold council on German
/ matters. The emperor of Austria, anc
Kings of Bavaria, Hanover, and Saxon,
| will be present.
DENMARK AND THE DUcHiEs -Advic
, es from Berlin state that Gen. Rouch ha
;, returned from his mission to the duches
? of Schleswig lIolestein. He has faile
q in his objects, An understanding is fal
"a ther off than ever.
n PRusIA. -Advices from Berlin inforr
;. us that negotiations between the courts {
Austria and Prussia for definiuitive cor
sumption of central government for Ge
OF many have entirely failed.
H. GERMAN. the opening of th
-. Chamber, the King of Wurtemberg de
," cIared that the United States of German
% will be nothing but chimera, and thu
" if attempted to be carried out it woul
10 lead to the separation and dissolution q
T. Germany itself.
l! Tue MARKETs.-All desert ptions {
Cotton except fair and good, have de
d clined one fauhing per pound. The con
. miltees quotations are for fair Upland 81
1t fair Mobile 6s. aud fair Orleans 65 pc
10. The sales for the two weeks ha
= been Sc 900 bales, of which Speculation
. took 7,50O and exporters 10000 bale
10 The sales for the last week, prior
the Europa's sailing, we're 10000 bale
. The Corn market was steady, and ye
20 low has advanced Cd per quarter. Whit
'' the same as by the NiaGara's accounts
. but somewhat frmer.
U, There is no change 80 notice in tn
D, quotations Of -four from those given for
- night previous.
o. LoNDoN CoFFEE MARKET,-Tho Co
y foe market in London has ruled very dul
s. and prices have declined from six TO f
y teen shilling per cwt on various grade
- or qualities, from the highest point
u which sales were made few weeks
n go -
Mt GENERAL HoUsToN, despatch fro
\, Washington to the New York Tribur
says that Gen. Houston has gone to Tex
RS to persuade the Legislature TO ask f
re Immediate division into two slaves State