New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-12-18

ENGLAND.
The Chancellorof the Exchequer's Financial
statement.

statement.
The Financial Statement by the Chancellor
of the EXcheQusr the event Of the week h. BIiyct
aid before the House OF Commons late on Fdiay
night, and full report had 20 hand a, Lysg.
pool. when the steamer sailed lt l. worth mentioning
that on Wednesday afternoon very strong ruCrs were
prevalent the London stock Exchange OF break up
in the Ministry, and II Wa positively sorted thar
DIsra,h was cut In other quar-ers the impression
prevailed that Lord PalmCrston, SIR mes GrG1lr ani
Mr. Gladstone we've about 20 iun the Gov rnulent ani
the reason assigned for tho CIan 81 0rs a''cs
that hi Budget had too great elnny 20 Free latc
After son h urs tie rumOr .uhsied having depressed
the fund.-, bat caused no actual decline.
The following are the details Of the Budget
rs they come 20 us inpercCuy by telegraph;
THE BUDGET
The Chancellor of the ENche1uer rose 70 Intro Inc, his
financial He bosOuglt the House 10 reme n5er
that the statement made under vey peculiar crcln-
III az fhc present moment, was but ne CO ape
ton OF wctLIds o. M hnlnc year Inc task nAt M
detaktn not light one, and ne Wa sure d. lo1t re-
cclrc gcutr.Us indulgence II begged houor be gr1tie
men, there. not 70 decide Itec ptaeiy upon any TOPIC
YaTae but consider the whole case he should ay De ore
them a. cue time, as ON scheme OF poAcy a t,e st
general el"tou the principe urt sttiI "a o,p tl'on
Pied hSn h. had ab0red 10 bng that
into harmony with our commercial policy tas present.
therefore, would not be sn nconvenen opp0rH ~ q eN-
anime the claims and complaints OF IA great interests
who ale gcd that they suffering from the recent change
commercial system. Tic spplns interest tne sugar
interest The agricultural nelc1ta these interests com
planned q their liability TO peculiar burdens OF laNiton
Now, these claims aud complaints deliberately
ain,d and the House would then be enibod
10 take uneubl sssd view OF the nerca policy OF
m, cour try uud SIN bed hv sectional feelings and apech
iuteuets ~ the claims of thos classes sitsi g.
th,y would then couteuod INTO the general - Of
the community tie said Inst having mvesglsd me eisa
oithe shipping Interest, Government was OF opinion That
the interests manly c0n5cguenc OF 1e recent csa
ton, were sabcct 10 burdens and restrictions winch I'M
p.dtd their prosperity tbs interest compnlued OF hight
dues OF transit dues OF ploaEs OF admiralty gnevince'
ofthe circumstances under which individuals beolgnfi 20
the mercantile marine were enlisted INTO the royal navy Of
the system Of salvage anchorage regulations Of relc
upon the manning Of their ships AMI Of me stmps
levied upon the marine Insurance ard bii 81 dng Wh
tie sI ping interest had 20 complain. The passing
tolls grievance and v,Naou 20 which our shipping
interest ought net TO he subjected IN order 10 1ntn the
Gracttr o. corporation haThors into winch they never
entered Government proposed 70 c0nne nen 10y sup
10 dement's winch II IeosStd nom LshI aud 20 tcese ~
from Tnss tolls This relief would cost the country
4ltoot0 year As TO the piloage system. Il was com
pl,ely anomalous Goyernn Ut Intended 10 recon- end
S,cot ComE tee 10 inquire into the whole system OF plot
70 the Royal Navy 20 which he hable upon
moments notice, should be- entitled TO receive hs wages
until The OF the were paid on aud the sad mer'
clent snip injured by the man thus beng taken OUT oy
the Royal Navy, tho country should give compensation
A. to salvage there could not be doubt the merct1e
marue had rot been treated ~ respect y ~ m tnf sp O
people though he admitted the conduct Of the
Royal Navy bad greatly improved Goyornment were here
fore prepared 20 recommend mat tho system u savage
should entirely cease Hear, Hear. and heuceotl no
merc an'u would BE- disturbed IA ~ anchorage BY The
superior claim of bpotwar Tho restrictions upon Che
manning Ct he mercantile marine were great grievance
aud he Tine Eut come when they must ont ply c-ts' AZ
tb sub must also BE- vNNcd jug re Ituce % che aiming
a koya Navy. Ina due time Government would submit
measures OF mpodce In respect 90 the manning OF t1o
royal navy The which taey dismssed seasoned
seaman AZ time when be was ~ qualified f)r service,
ndet,nslbie, ana should be asumattd 20 the system
Of he sister service Hgsr hear When tho question
IVES bought ior ard Ne thus ID q te plans Of Govern
would be- found satisfactory, and ~ the same tn 10
Lored an th, House would BE- satisfied that the present
system o. manning the lltile marine would b.
Char eed As 10 he upon bills OF ladng, charter
parties and insurance. those belong the general rsve
.5erntion when I'm subject was introduced lie would
proceed 10 consider the claims o. protucns
Ia ygf IA III 4.D
had been unwsely and unJuy treated "a y asked first
tor The OF the decent OF dus upon for a sugar
snd for reduction OF duties upon bnsh plantation sugar
lie showed hy returns Ast the British production bal in
crees while foreign production had decreased he might
BE- Catd trsltCr and gGde, but whore Yves the gou-
ten an on either sice OF the on'e wo Ia the lace ot sch
increased production won venture 10 recommend hs I'm
mes hod already command OF the mei opohtan miiAetA
ard quite clear that they were keeping H. nter
these lie could not assent 20 change Thon
toVefrment AZ asked 70 gu4Iahse ADDITIONAL 0ans % 20
rad By the several Colonies for the plrpose Of enigriOn
Tie circumstance Of the Colonies wnch he mnutey Ak
am NJ d did nO ne conceived Jhsty go'efh'h III AK
lug tie House additional loans FOR thus
rofe The Colonies then asked 10 be permitted % refine
therugBTs ID bond Government were prepared - cpnceoe
this boom hsCt 20 q CO. ndiuOns which were necessary
for the security of the revenue The question cf toe cJ
uTcn rum, and that Of the % ucss ia 1rwnes De-
uged 70 the subject the revenue and be PLACED them
tie class marine insurance lie now came 10 the
srevsrcss OF which agricultural csses complained; their
burdens b. willing consider they had been pointed
out By Mr. Cornwall Lewis he lad 20 couleT the curse
10 he take 18th reference TO class u t1aon which was
tees The subject o. local taxation resolved ilsef i1O
thee pfilciIaI rates w ilshwey Ra,es County itatea
srd the Post Rates The subject u Highway RAGS would
b. dealt with IN separate which would be nitro
cuced by OBJ. ncml@T for Petersed, fsr ". JoIe) who
prts. AN Cove1, err h. d no or.os 70 INTRODUCE re-
recent tive pie heaf-and they had no d09D tle
charges for as ard uHatc asy ought 70 be made pat
al the general eTp.udIure " the country Inc ne "on
coon arse when the pun lnent Of crime must b. confd
cred and that b. conceived would BE- OPP ilh
. FOR tie confederation Of questions With regard % als and
unate sy.uns A. fr then as County Rates were con-
esusd lie was not prepared % recommend any chaaS-
lie ceme IN the next piece ~ ire VI r roo
TIE r-t ctou between 1919 ard 1870 IN amount Of
Poor Rate bad been the rate Of 5000 year but ne
vas sony 70 sy tnat ~ 10 so II the ats % all9a..oa
had beer continued SUI the great &c, remained at
there stances IL operation h n must conee-
raj y Grect the aInC M o. pau ~ ~ o4if e III
csusss were n operation which would nereu1Ly and
Isogressiytly diminish rs amount Neyer'hesss' ne
prepared 20 recommend any caslse ", me -
ten q the local taxation ofthe country Hear ne
had ccfd red te ca Of .uTIg IlFses and bad o1sred
Moderate nd be trusted satisfactory chanzes ~ maj
ttens ~ OF tie controversy Just terainated he no" sp-
p.oycd o the IL rO-eLt topic 81 TAXATION OF te country
ndar the . ssu which had J b-rH cfetsa = W.
iv,ors q u ur stficsd competition wa III sstent With
resti cted rdus,Iy ard that policy with log pEees
rust b. 70 Ut en- end 10 Ligh teIes tiear You bet
eesreruz tn - a1ri which sustain them aud hs should
sIv H. House they adopted toe principle fully, thsy
would b. gTE tie greatest sbe impulse 70 tle iHds
"a ruS, red most. Tie House therefore, would not be
at 90 -, , ~ d H., . it
Wa heayT buFlen aud restr ctlOl upon industry. BE
nted 4 upon no Ctef pea ln l- lucftat o. tne
cOnsuusr The existing duty upon malt " and )
Der cent per bUsbsL The consumption certainly
cretsnz but IN proportion 20 The increase Of other
articles. oWisg 10 the incidents Of tax. The Government
therefore thought her duty recommend that the duty
should be reduced about one half Oh. on The amount
10 b. dealt with exceeds Eve million pounds AID il was
proposeu 10 lay uniform duty Of one-hslf-i - per
bushe ard per cent They proposed 20 do away with the
draWtack at spnfs Scotland change which szIi
lorger 70 Be pcsponsd Hear He proposed that the
reduction Of The malt duty shoud commence the lGh
Qeoher pe1i TIE stock IN band IN the country would
competition 70 which they would be exposed by receiving
drawback He about TO reeolnmecd the re1e@s 0
the Suties Loud eries Of " Hear hearvl There
propec. ofa want Of supply Of this necessary s
Gle. The consumption had ncreased l0Oo 600 lbs IN ss
years untr such circumstances the proposition Of Gov
/ eminent ought TO be bold and comprehensive. Tt'
present duty upon tea q per n, and u va
proposed hat the duty should Be reduced 70 " per