New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-05-03
ENGLAND.
or-sIin,.srriai 0 sfears-rhe Brss,;

LOT NOttDghain. fc'uturu Nuo w
find that Mr. Fesrgus oConnor has been insane since
the 10th of June, lS52. without any hci intervals
As a political character oCOunor lad oltl. ed him
self slready in LSls His strength was broken his mis-
sion fulfilled and unable to master the pro.etariaa
movement organised by himself he had grown almos.
hindrance to it, If historical mparta'ty obge me not
10 conceal this circumstance. it also obges me ia
iustce to the fallen man lay before the same public,
the Judgment given on 0Connor, b. Ernest Jones' in
Tie Peoples Paper:
Here WAS A man who broke away from rank, wealth.
and station; who threw up lucrative and successful
practice who dSsipated large fortune. not IN private.
self debal but in political self sacrifice who made oimse
eternal exile from his own country where he owaod
broad and rtpresented one OF IFS largest COuntes
who hated by his family because he loved the hu nan
race; whose every act devotion 70 the people, and
who ends almost destitute after career OF uneKa@Ped
Dor There Is his life. Now look az HIS
work At time Of utter prostraou. OF dsan'on doubt
and misery. he gathered the millions Of this country to-
sether men had never yet been gathered OConn-ii
rallied the Irish but IL with the help Of the priests
Mszzin reused the Italians but mobiles and traders
his side Kossuh gathered the Hungarians bat Ssntses
and armies az his back and both the Hun rAns and
Italians were burning against foreign conqGeror. Bat
ConnOr without noble priest or trader rallied and up.
held downtrOdden class against them All without even
the leverage OF national feeling % unite them la Ftyetfe
had the merchants Lamarine had the shopkeepers OCon
nor had the people But The people in the nineteenth
tury in Constitutional England are the uNest OF all lie
taught them how 20 become the strongest
Last week was a week OF defeats for the Coalition
Cabinet Ii met for the first time with Coalition OPP
position On Tuesday the 18th inst, Mr. Butt moved
to maintain for the Irish soldiers the Asylum Of XII
mainham Hospital. The Secretsry &C War opposed the
motion; but it was carried against the Government. by
l9S against 39 On this occasion was besen by Co
alion of the Irish Brigade with the Conservative Oppo
stion On the following Thursday il defeated bya
Coalition of the Conservatives aud the Manchester
school Mr. Miner Gibson having brought in his yearly
motion for the abolition of the Taxes on Knowledge"
the repeal of the Advertisement Duty was voted not
whsandng the pr0teStatons Of Gladstone, Russell aud
Sydney. They lost, by 200 against loo Bright Gibson
and MacGregor voted side by side with Dissae, PAX
ngon etc and Mr. Golden made the formal declara-
top That lie accepted the assistance Of Mr. Disrae
and his friends with all his heart Bat by far the
greatest defeat the Government has sustained was
brought upon It, not by division the House, but by
an act of It's own.
OF the Kossuth rocket affair full particulars will al
ready have reached the readers Of The fbHss but in
order 10 prove that he whole of it premadIated
sar between Pamerst0n and the Foreign Powers it Is
merely necessary 20 state what his own official Journal
The Morning Post contains with regard TO the
renee
The promptude and vigilance of the course adopted by
Government will give confidence 10 those foreign powers
who have doubted the efficacy of our laws IN REFRESHING
mischief among our troublesome guests
This business will have its serious consequences iorthe
Coalition Ministry Already and this is OF great signid
canoe, il has demasked old PalmerstOns revolutionary
The Morning Adcenser, openly disayOws him. Palmer
ston's star began pale the time when he bestowed
his smpahiesOn the hero ofthe I'd December and of the
plain Of SatOry ii has vanished since he became pro-
iessedly an Austrian Minister" But, the mission
of the Coalition Ministry is precisely the Generalization
ofa the current talents and renOm6es OF the old Ogar
chy And this problem il sresOlyng with an admirable
perseverance, Should Palmers0ns Ministry survive this
catastrophe then be may indeed with slight alteration
of the say ing of Francis loosely proclaim Nothngis
lost except honor"
come now to the event of the day-Sir Gladstone's
budget-laid before the House of Commons in its yea
terday's sitting in speech which occupied no less than
five hours IL il Coalition. Budget, elaborated in an
encyclopedical manner, exceedingly fitted for article
in Ersch s. GrubeTS yOluminous Dictionary Of Arts aud
Sciences You know that the era Of encyclopedias ar
riyes always when facts have become bulky and genius
remains prOpOrtiOnably small
In every budget the principal question is the relation
between income and expenditure the balance in the
shape of surplus deficiency prescribing the genera
conditions of either relaxation or increase to be
established in the taxation OF the country. Mr. Disrael
had estimated the revenue for the year 1888 at
1000, and the expenditure at E5l l63OOD Now,
Mr. Gladstone informs that the actual revenue has
been Ej3 O59000, and the real expenditure only ESQ,
$4,000 These features show actual surplus of in
come over expenditure amounting to E2,460OO). Thus
! far Mr.. Gladstone would to have improved Mr..
Disrael The latter could only boast Of surplus OF
Il 100000; Gladstone comes with saving OF e. 1907
COO Unfortunately, unlike Dsraelrs surplus that Of
Mr. Gladstone on examination, dwindles down
to the moderate amount of Zoo 00O the millions having
already found their way out OF his pocket by various
votes Of the House Of Commons and other extraordinary
expenditure; and, as Mr. Gladstone cautiously adds
L" lt must be- remembered that f22O,0OO out OF tho
E7OO000 sderyed from occasional and not permanent
sources of income" Then the only basis Of operations
left to Mr. Gladstone is surplus Of E1SOOOO. Accord
ingy any proposed remission of old taxes beyond this
amount has to be balanced by the imposition OF new
ones
Dir Gladstone opened his speech with the question bril-
lqHe Of the Income Tax He said that possible to
part with that tax once but that the Government
not prepared to recommend its immediate abandonment
The first thing to hch he called attention was that
draw from this tax G5 100000" Next he attempted
brilliant yindicatiOn Of the effects of this tax the
history of which he expended good deal of breath The
Income Tax" he remarked, b" has served in time Of
vital struggle 10 enable you TO raise the income Of the
country above its expenditure for and civil govern
'ment If you do not destroy the efficacy Of this
engine, Il affords you the means should unhapply hos
Utilities again break out of at raising your army TO
10000 men, and your feet 10 100000 with all your
Establishments in proportion" Further Mr. Gladstone
observed that the Income Tax had not only served in
carrying on the AnJacObn war; but also the free trade
policy Of Sir Robert Peel After this apologize intro
ducion suddenly startled by the announcement
that the Income Tax is full Of irregularities" In fact
Mr. Gladstone admits that in order TO preserve the tax
il must be reconstructed to avoid its present ne
qualities; but that in order these inequalities
you must break up the whole sec. Strangely contra
dieting himself he is afterwards at great pains 10 snow
that there exists such inequalities at ALL and that they
are merely imaginary As TO the question OF realized
and precarious incomes he reduces it question Of
land and Of trade" and tries to persuade people,
through awkward calculations, that land actually
pays Cd ina the pound while trade only pays I'd He
then adds: that the assessment on land and houses