Weekly national intelligencer., 1851-04-26
NATIONAL INTELLIGENCER.
FROM OUR LONDON CORRESPONDENT
LONDON, APRIL 10, 1851.

FROM OUR LONDON CORRESPONDEN1
LONDON, APRIL 10, 1851.
Another week, without an event of public i'm
portance, either domestic or foreign, has passel
over, and Europe appears to be fast settling dowr
into the quiescent state from which she was reused
by the stirring scenes Of February and March,
ls4S. We have our croakers, both at home and
abroad who indulge in gloomy Vaccinations respect
ing the future. They say that the present calm
forebodes the coming storm, and that the moral, So
cial, and political atmosphere OF Europe is loaded
with murky and noxious materials, which can only
be dispersed by the thunder of an oppressed peo-
Plies voice, and the lightning flash of their aveng-
ING spirit. We, however, venture to look at the
state of Europe with no such terrible imagnings.
We behold il is true, many of the iairest realms
held under civil and spiritual bondage, and myriads
of our fellow men degraded from their proper posi-
ton as moral and Intellectual beings. We see ig-
norance and superstition in high places, and pow
erty and suffering the lot Of thousands. But we
also see the hand of progress and improvement
working wonders around us, and trust rather to the
silent operation of these powerful agents TO disperse
the accumulated grievances than to the dreaded ac
tion of ignorant force the mischieyous agency OF
revolutionary outbreak. To continue our meta
phor, we would say, we depend upon the power Of
of the thunder storm. The people Of some por-
tions OF Europe may be goaded it is true, into mad
ness by the folly or the wickedness of their rulers,
but we think that the time is gone by when . man.
dressed in little brief authority" dares regard his
fellow men as either the victims of his caprice or
the blind tools of his ambition. There is point
beyond which neither prince nor pontif care move
at the present day; and with the power, we trust
they have lost the desire to take single step be-
yond that point. We have no dread of the future
The least almost of the great events OF the last three
wears would, had it occurred half century ago,
have armed one-half of Europe against the other
half, and made the continent one vast battlefield !;
yet they have all passed away comparatively hamessy but
trust useessly Less political and social improve
msn have been true, evolved than was anticipated by
the sangune but mischief has been occasoned than
fos,old by the gloomy. No has right to be dssas-
fed who does think the general position Of mankind worse
in the aggregate than three years ago. and believe
the number Of those who regard small To con-
cude began ree,e opinion that the present
u in political affairs satisfactory and free from any ind
cations Of a coming storm.
Our Parliamentary proceedings have, far, during the
passing week. been gratifying asshowng increased confidence
in the Administration, and desire the part of the Gov
shape its according the expressed public
wish. The amended budget Is generally admitted to be
great improvement upon the original The Chancellor
of the Excheque felt that he had damaged his own repua-
on and that Of the Government with which he associated
by bis first financial statement and Friday evening last
he exeed himself repair the mischief he had DONE His
present plan is charged with and inconsistencies, but
the speech in which he submitted it the House is regarded
being generally enuncatory Of sound views It was lucid
y arranged and wrought out eaboatey and with skill and
Judgment The present form Of the budget may be thus
briefly stated comprehend three leading ls
The entire repeal Of the window tax, with the substitution OF
small house duty; 3D. The equalization of the coffee du
ties and their reduction to of 3d. per b.; Sd. The
duction Of onehaf Of duties charged foreign tim
ber; that is from 2Os load on timber los, and
from l5s load hewn timber TO Sd. The concessions
to the agricultural interests have been exunged seeing that
they treated with contempt by those to whom they
offered. Sir CHARIEs WooD estimates that the surplus
the end Of the fiscal year will The proposed
relief from tsxation will be a. .Sy
The window (produce last year, FL, $50 900
Reduction coffee and timber. 100000
Reduction sugar duties in July. 35O0O0
u. 1900, 900
Proposed new house duty 100000
Reduction Of taxation during 900, 900
We offer no discussion as the items Of this statement
but think that the result will be satisfactory the country
OF the based the renewal of the income
tax and the debate which commenced Monday night will
determine whether this mpost to continue in its present
shape amongst the ways and for another period Of
three There would certainly be popular objection
the measure modified to bear less hardly upon
the industrial earnings Of the who lives from day 10 day
upon those earnings and more upon the man who lives
from year another without labor, upon income de-
rived from real personal property. tax SO modified
would be allowed take its place among the pemsnen,
sources Of proper element Of direct taxation, but