New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-05-02
Debates In Parliament.

In the House of Lords the 18th motion by the Earl
AZ Winchelsea for Committee to inquire into the system
Of education at the Roman Catholic College OF Mayncoth
was neg atived by a vote Of ITO against 3D.
In the House of Commons the Chancellor OF the TX
~heouor brougb, forward his financial statement IN speech
~ nearly Eve hours duration The first part Of related TO
,e revenue and expenditures OF the country In April
1880 he said the revenue for the year was estimated al
cal 6aa 600 but 81 the years end he sctud revenue t
eeeded that estimate by the sum OF tLieAooc In IKE
.srner the expenditure in April 1859 was estimated al
f6i Ia 600 but had only been 4509s2OOO leaving WIN
the surplus revenue, an actual oYerpius IN hsnd Oh
4ateO6Oo. But before considering INC "mo eus
sxalsbe for the remission of taxes was necys
ssyv 10 examine the estimated expenditure Tor tue
year inst commenced, which amounted 10 Is~4S'
400 so that three fhs OF that overpu WAS AZ once disposed
~ ~ hsrs.s Cor liabilities under act of Parliament and
VOTES for the denes OF the country lie next detained the
particulars Of the Revenue anticipated Tor the year
amounting to an aggregate income s,m. sssS ooo Al
ongh he would rather put il At tiOoOOO and o TINS SUN
about f2eo0oe consisted ofmoney arising from urce nor
permanent on RECURRING Amer passing atuson 70 'e
sh;nnIng and West India Interests. when DC
sid nothing very de6ntehe sdSefied to the EXoneQuer
Loan Fund which il is not al present intended 70 ABOLISH
NJ No N diseussed the Income Tax He admitted the tAN
~, ss nresent footing pressed unequAiy ON classes and
nhile freely desiring adjustment he confessed the sr
est difficulty in framing any mod'nSsuoh 10 mee' Us 10
..,sm.us He hoped however, the House would not pal
ar or nibbe AZ this measure, bus meet boldly or"Sd As
.s becoming in dealing with Of the nation most Vsua
Me financial which might Dc teed on
in case of war to support JOOOOO troops ana nee' oi
1oa 600 men-but which the circumstances Attending
,eoaered impossible 60 retain SN portion OF the feN
nent fiscal system What the Government Sl,a q, aoisS
,ss 10 introduce such present moncohs - NVuu NAe
y distinction betW cen incomes arising pom properly ana
shoss arising from skill ~ the same time 80 IeSiSlSin
eoncefniug Il 20 msrk th' tax a. Temporary enc SS
- ~ yennd far Parliament, il K deemed nt e dispense
With II al q future period WITH uos Nlc"' "eNetuiAVi"
nrcnostd 10 renew the tax tor two years i"m pl -
:, be nrsent rate OF per pound On all incomes Tor Two
- NOR, from April ls5a az cd, aud Tor three years
more from April isS al Sd So that the tax might eNpe
~ in ApYil 1900 In addition 10 th> l. 'ehueS " e
II, incomes amounting 10 tlVO pay he t.A =, 40 IS'o "
"a ana III Amounting IL 50 ~ the rate ot al The AAWS
lso 10 be extended 10 Ireland Legacy dates "oc 90 oc
tended to all SUCCESSORS tae ~ 'A' % ~ 49,
srty 10 be done away with It'll further pFeeSeo 20
sh' sav ON spirits Is per gallon IN scotland ana "a ~
Ireland with allow ance for waste IN eeha tue PR"Pe"
ssior at taxes consists Ia the repeal o. the duty on SOAP
some reductions in the stamps redaSNon " u'o
t auty 10 "a and repeal Of thu stamp duty on ncwsgf
,,er sppniements reduction 81 one thto ca nSVhel ga
RACES and reduction OF toe taxes oE serN ants N~'e ~
-. 1890 ana ,loss several changes were 70 Do maue
N he manner OF collecting duties was iSIhvt PVPysN
a. reduce the duties ON tea T"m - stt PEI Poero ~
~ iol IN Aprl is5i from that date hn April ~ g -
a ,;l Arrl 1s56 Is sd and atteTW ard Is per pound IL
- likewise proposed to ABOLISH All eutes that were si'
,roanctye aud those levied on eetsm mAhslscturra At
10 substitute whatever practicable, rated
a., al valcrem duties 10 sink the aneFrAtu oSSvs 90
tween foreign and colonial AISe!Ss ana ana 20 Owe
~ saoss articles Of food Tbe ehect OF the vAfoss
hsn~s. In the customs applicable 10 tae VA 80 =
xculd cause gross relief sf tsS0 - 'tS 'ne S'A''
of the account tor sbeyeaz le.>'- ""N1 s ssas oeo
SsSssss
'''-''''''''
sslaSS
................. lSao,en
......... 4 E60eo
Th;s budget has course been the ch'e sa9e ., as
;on hi Commercial circles is considered 70 present
eshle view the prospects OF she country and % os
- ;sslf mastery financial statement PROM ua9 srein.
IN ks aninons expressed il win evidently be keenly
vse;S in Parliament and from It's manifest nlSsuee 70
s;S classes may possibly be rejected as whole % =
ctt ;ected as far regards the income tsx IN MnlcA
ie&s' ye could not do other than resign IN ItMcs
$500 e and Post praise t. the ether London papers
s s"Ssasr i more or less severely severely
miscellaseens.