The republic. [volume] (Washington [D.C.]) 1849-1853, 1853-05-03

= = CLAN D.

The Chancellor Of the Exchequew had presented
his financial statement which proposes to continue
the income tax on = diminishing scale for seven
years. to extend to Ireland and to all incomes over
El00 pcr annum. ALSO TO reduce the advertise.
ment, stamp, and other duties and to abolish the
soap duties, and substitute fixed ad valorem rates
MAKING ten per cent the maximum on manufac.
tures tie also proposes 10 increase the spirit and
legacy duties, and to reduce the tea duty within
to IL l0ld.
The budget was the chief topic of discussion in
business circles, and opinion on the subject was
divided. Ii was thought that it would possibly be
rejected in consequence of the manifest injustice Of
some OF its features, in which the ministry
VIII resign. The Times, Post, and Chronicle praise
II, whilst the other London papers condemn it.
The conservative members had held consuita
ton with Lord Derby, and chaked out their future
course Of political action.
A motion made in the House of Lords to inquire
into the system of education at Maynooth College,
bad been defeated by a vote Of ITO to So.
The Chancellor of the Exchequer said in the
House OF Commons tina. the revenue for the fnan-
cial year exceeded the estimates nearly 500 zoo,
and that the expenditures had fallen short of the
estimates t. 3S7 900, leaving surplus of 426 900
The Times, which frat made the charge that
Kossuth implicated in the rocket affair, still
iusnuates his completely, though he has positively
denied il, through his friend Mayne Reid. William
Hale, Of the proprietor of the factory, has pub.
hshed statement exculpating kossuh, and de-
clsring the factory bone fde establishment car
rying patent business. The proprietor in
tends prosecuting the government for dana ges.
Two thousand persons attended the soiree given
at Glasgow in honor of Mrs. Stoves arrival. DR..
Nc Doweil presided and Mrs s. was received with
her on the succeeding evening by the working
classes of Glasgow. She proceeded next day 10
Edinburgh, and will journey thence to London.
FRANCE.
The revenue returns show an increase for the
quarter. lie Pays says the country is financial
Y Trad at ria sng,Io .fer
active.
The Emperor had given the Archbishop of Paris
a cardinals hat.
The China, from the imperial mandatory at
Levres, designed for exhibition in the New York
Crystal Palace, was very gorgeous.
A commission, under the presidency Of Count
Riechemig, had been sent to Lombardy, to inquire
into the state Of affairs.
The hasty withdrawal Of paper money had af-
fected trade al Vienna.
Further explanations. containing nothing new
had been given concerning the withdrawal of the
Sandman Minister from Vienna.
Turkey.
The English and French Ambassadors had ar
rived at Consiantinople, and the former had given
the merchants assurance of peace. There was
nothing new regarding Menzikof. Ghika had
resumed the government OF Moldayia.
SPAIN.
new ministry had been formed, with NJ. Ler.
sunut "a PRESIDENT.
The Cortes had been dissolved to uuash Coucha's
exposure regarding the admission of slaves into
Cuba The rumored conspracies are all false
Ii was rumored that the ministry had formed an
attempt to overthrow the Queen, but the rumor
gained but little credence.
ITALY.
The Austrian measures to blockade Switzerland
were relaxing.
HOLLAND.
The Dutch Government had formally protested
against the establishment of Catholic Hierarchy
in Holland, and had Withdrawn its minister from
Rome.
swkDEs.
The King of Sweden bad resumed the reins of
government and the commission acting during bis
recent sickness had been cancelled
PORTUGAL.
Very large exports were being made Of wine.
The cotton and woolen trades were brisk.
BUsSos AYREs.
Adyices from Buenos Ayres state that Urquiza
had seized the steamer Mered, and that an arrnis-
tice had been agreed upon.