Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1852-04-03

1l1fes % follows
Incoms Expenditure surplus. Deficiency.
1szA 5a 3sS'7I7 641s5' Y3s 9eS AID
is1s Ss's sSI va So,sSssSs s2,cssi2s si'
1850 52,sIo,sso 5o,2sl,s74 s,57ssos
The expenditure upon the army, navy and ordnance
services was
In LAT
In 1851. 14,573, S56
deduction. ........................ 3,928,291
Wdhave been full Of during the week respect
ing nsw Ministerial arrangements. On Monday evening
report very general in the city that her Majesty had
sent Lord PLMERsToS in consequence of the Earl Of
DERBY having expressed great want Of confidence in
being able to retain his position; that Lord PALMERsroN
was to take the lead in new administration in the House
Of Commons and Lord JOHN RUSSELL to have seat in
the House ofPeers This renewed yesterday
but the papers of this morning make alusion to it
The greater part Of the Ministers who had seats in
the House Commons have been returned without oppo
stion the electors regarding such returns tenn
porary arrangement, general election cannot be very
distant The only doubt of reelection for the present
is that of Lord MAS who is extremely unpopular in Kill
dare tits expected that any Ministerial statements
win be made Friday when the House viii reassemble,
Mr. DIRAEII cannot take his seat his reelection be-
fore Midday. On the evening of Monday it is said that
new explanations from Lord DERBY and his colleagues
may be looked for all decidedly in favor Of protective
| pohg" The Times, however, appears to think that
Lord Derry viii not take this course, and hints that the
new cabinet is not without its share Of the storm which
rags around In this last hour Of the Protectonst de-
lusin the landed interest is fighting to the utermost
for honor as for profit Like the Partisan Socialists,
boosted with drunken rage at the February reyou
ton We viii not be deceived this time, the Protec
ionst squires preparing their direct imprecatons
In ~
yet confidently hope and boast that Lord DERBY win
betray them, and that next Monday win remove al
doubt upon the subject by the promise of attempt L
reimpose FIVE shilling duty on corn" $50, on al
alleged point Of honor Lord DERBY required to sacr
49, Lis marty and his country, for the interests Of
both are indubitabiy involved early
of the Protectonist policy" The members of the
Administration who have had to present themselves to
their constituents for reelection have been truly oracuar
in their observations from the hustngs and the replies
which they vouchsafed the questions addressed to them
were worthy the high presess Of either Delphi Dodona
direct reply any direct questions respecting inten-
ton to tax bread has been avoided, with skill which
the Pythia herself could have surpassed Some Of
the daily papers think that Ministers win recommend Mr.
DIsRAIs avorite plan Of remodeng the local rates,
and that therefore the party cry will be, Mr. DIsRAEI
and Reduction Of Local Taraon," and not Lord DERBY
and a Duty upon Corn" The new Chancellor of the Ex-
cheouer is said to be full Of schemes he is represented
as having plan ready cut and dried for relieving land
two millions of local taxation at blow and of placing
the burden upon the shoulders Of the people at large by
transferring the amount to the Consolidated fund If he
succeeds in doing this he viii perseverc until he succeeds
in transferring the whole Of the fI2 600 now levied
in the shape ofocal taxation real property generally
to the national exchequer and the have to be
raised by additional taxation upon the people at large
Great endeavers making induce belief that the
present apparent commercial and manufacturing prospe-
rity Is delusiye Mr. HENLEY stated in his address to
the electors Of Oxford that he had figures before him
which could not msIead, and which showed that while
the trade Of the country had wonderfully increased
during the last six years. the aggregate profits Of trade
measured upon incomes exceeding ESQ per annum had
diminished no less than Ella 900, 000" Now admitting
that Mr. HENLEY is in this statement let il be
taken in connexion with other facts and what does il
prove? Simply, that the great reduction in the prices
of all consumable articles has occasioned greater de-
mand for their importation, and corresponding export
and demand for articles produced and manufactured in
this country that more labor has had TO be employed
and that the condition OF the great mass of the people,
whose incomes below e 80 per annum have had their
condition improved and their comforts increased IT. in
producing this happy result the large capitalist the
tcnsivc manufacturer and the wholesale merchant
had their profits reduced in promoting the general veal
and bending to the which have tended produce
good to the masses, does it not strike Mr. HENLEY that
the great landowner the country squirearchy, the titled
owners Of whole districts also bend beneath the
pressure lessen their income by the reduction
Of their rents in order that their may be enabled
to meet the reduced price Of agricultural produce' We
think Mr. HENLEY has furnished very good argument
against tax upon bread. The fertile brain Of the
Chancellor Of the Exchequcr has il is umored devised
an expedent worthy Of it's oriental origin Aladdin, with
his wonderful lamp, wrought such miracle The
income and malt taxes are, IL is sad to be repealed and
duty Of one shilling per ton all Goals is to be levied
at the pits mouth This the sanguine fnancer calcu-
ates win raise annual Of CT 100000 Thus
the poor mans FIRE well his brcadoaf are to be
taxed to maintain the landowners in the reception Of
their rents
That We have taken correct view Of the improved con-
dton Of the lower and middle classes of the people Of
this country il proved BY the late Parliamentary returns
relative to savings banks. These returns show that
during the year 1860 the deposites in those institutions