The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-02


and this statement therefore, is on wrong information
(Hear, hear What wanted to say was this--tc call
s. s. that hefs % eear he nsus
been established up to this moment against L.
Kossuth, and ! need say no more than thai it IS
for the credit of this country and may say with great
Difference Of this public organ Of information which
travels widely tho world that when statement
las been given under niinformaton and has travelled
70 widely the fact that that statement il not proved
should travel quite widely by means Of the same paper
The subject then dropped and the motion for the ad
journment Of the House at its rising until Monday next
WAS put and carried
England.
KGssUTH AND THE ROCKET FAcToRY-cAPr. 1AYSE
REID AND THE LONDON TIMEs--TnE FINANCIAL
STATEMENT OF THE CHANCELLOR OF THE Ex-
CHEQUER-PROBABLE DEFEAT AND ANTICIPATED
RESIGNATION OF THE MINIsTRY-THE SYSTEM OF
EDUCATION IN NAYNOOTH--THE PAY OF DIPLO-
MATIsTs AT FOREIGN COURTS--COLONIAL, MER-
CAMILLE AND MISCELLANEOUS ITEMS, ETC., ETC.
BY the Canada had brief notice that came by ele
graph from London to Liverpool OF the explanation in
Parliament respecting the seizure OF of said
to belong to Kossu,h London papers BY this arrival
bring the debate in full.
The Times which first made the charge that Kossuth
i'm pcaed has. on the 18th an editorial in which i
still intmates that he is at the bottom OF the affair Ia
the paper denial published by kosuth, through
Captain Mayne Reid is dismissed in this contemp.uous
style-'We have received another highly complimentary
letter from Mr. Nayne Redwe mean. OF course, whole
sheet full Of abuse and 80 long continue what
are and Mr.. Mayne Reid continues what he is shall
consider his abuse The greatest praise it IN his power to
bestow feeling Of rega for the English language in
duces U.s. however to refrain from giving publicity to
Mr. Mayne Reds baldcI dah which we dare say may Be
read in another place. Captain Reids letter, little
faulty in STYLE expresses much indignation. II pub
lshed in the London Daily Nesrs, OF the 18th of April
William Bale, son OF the proprietor OF the rocket fac
tory publishes declaration that Kossuth had nothing
whatever to do with the business that not ounce o.
gnnp0wder found the premises that the factory
bona fde establishment carrying patent bust
and that the owner intends to prosecute the govern
ment for damages. There several other stories,
rockets carried of to Woolwich
On he evening Of the 18th inst the great sores was
thousand persons present. hundreds OF whom had
taken their places hour at least before the proceedings
commenced MIR. McDo nal, OF Glasgow, presided After
tea the Rev. DR.. Wardaw moved the first resolution,
welcoming to Glasgow Mrs Stove and including in the
welcome the Rev. G. f. Stove, who holds the prn
ciples anc breahes the spirit OF freedom with
his accomplished partner. DIR. Robson seconded this
resolution Professor stowe returned thanks stating that
Mrs. stoves health still feeble, and that his
gagements would not permit long stay in Britain,
and that he would be again in America by the lst OF june
The reverend gentleman concluded long statement
speeding cotton and slavery by expressing his conviction
that There is soundness in the American mind which,
in due course, will be Enthusiastically developed"
hymn then sung after which, the Times says
The auhoress Of Uncle Tom rose and bowling her ac-
acknowledgements to the audience, was conducted rom the
han the most enthusiastic demonstrations of respect
the company standing and the ladies waving their hand
kercbieis Rev. DR.. King next proposed a resolution
Edward Beeche and other speakers also addressed the
ae.Dg which was prolonged TO late hour. Next eve.
a
From Glasgow The proceeded to Edinburg and thence
would journey towards London.
Admiral felowes aged seventy. five, died at Dorset
the other day.
la the House Of Lords the 18th, motion by the
Earl OF Wnchelsea, for committee to inquire into the
system of education at the Roman Catholic College of
Maynooth was negatived by vote OF 10 to SO.
In tue Houfe OF Commons the Chancellor OF the Ex-
chequer brought forward his financial sta .emeDt in
speech OF nearly hours duration The FIRST part OF it
related to the revenues and expenditures OF the county,
In April, 1852 he said the Of the year e
q hrfa fba aarir tla act,a
exceeded that estimate by the sum OF 81 000
IN like the expenditure in April 1882 esti-
mated at fbl $4,000, but had only been ESQ 1872 600;
eaying, with the surplus revenue, an actual over
plus IN hand of e. Acc coo. But before considering
the amount available for the remission Of taxes, it
was necessary to examine the estimated expenditure
Tor the year inst commenced, which amounted 10
$50 lS3 COO that three dhs Of that overpus at
Disposed of by charges for liabilities under act OF
Parliament and votes for the deences of the country
lie next detailed the particulars Of the revenue antc
rated for the YEAR 1851 amounting to an aggregate
income OF G52 $50 COO which would supply apparent
surplus OF &S01 000 although he would rather put II
600 GOO and Of THE about E22e 600 consisted Of
After IA ing alluon to the shipping and West India
interests respecting which he said nothing very definite
he adyeted to the eNcheGuer loan fund.- which 1t is not
at present, intended 10 abolish He next discussed the
income tax He admitted the its present footing
pressed unequaiy classes and while freely desiring
It's adjustment he confessed the greatest difficulty in
flaming airy modification He hoped, however, the
Houie would not fslter nbbe at this measure, but
meet it boldly, broadly, was becoming IN dealing
with one the nations most valuable financial
resourceB--a resource which might be Ieied in
case OF war to support 800 COO troops and heet OF
100 coo men; but which the circum tances attending il
rendered il impossible to retain portion OF the per-
manent fiscal system. What the government aimed at
dong was to introduce such present m0diicato as
would AXE distinction between incomes arising from
property and those arising from Skill at the time
lang concerning it to mark the tax tenn
pcrary one and lay the ground for Parliament, if it
deemed t 10 dispense with it at future period With
this view government proposed 70 renew the tax Tor two
years. from April 1858, at the present rate OF seven
pence per pound all incomes for two years more from
April 1855 at sxpence and for three years more from
April 1857 at five penceso that the tax might expire
in April 1860 In addition to this it is intended to make
all incomes amounting 10 one hundred pounds pay the
tax at the rate Of hve d Pence ana al amount pd
Of seven pence. The tax also to be extended to
Ireland. Legacy duties. were 10 be extended to all
ssions; the exemption in favor of real property
to away with. is further proposed to increase
the duty spirits Is Ter gallon in Scotland, and 3d. IN
Ireland with allowance for waste in bond The proposed
remssit of taxes were-Repea Of the duty soap
reductions the stamps, reduction OF the advertisement
duty Cd and repeal Of shs stamp duty on yspaper
and reduce the taxes servants, private carriages,
hori es and dogs Several changes TO be made in
the OF collecting duties 1t further proposed
to reduce the duties tea from IS I'D per h. to Is
10d ill APRIL 1854; from that date till April 1855, to
L. d. till April 1856 Is Sd and after wards L. Dor ID.
II was likewise proposed to abolish all duties that
unrroducye and those levied on certain manufactured
articles making 10 per cent the maximum rate re
tanned manufactured articles; TO substitute whcr
practicable, rated for al udoycm duties to sink
TIE didtIential duties between foreign and colonial
articles and to lower the duues on various aruces Oh
food The effect " the various changes in the customs
duties applicable to the years 1861 would cause
gross relief Of 81 1888 600 that the state of the account
Tor the year 1854 would stand thus -
surplus. tsoo0Oe
New taxes ...................... ....... 34l ooo
G., lao 900
LOIS on remssiops OF .............. $50 600
Remaining surplus. t493,ooo
This budget has of cousre been the chief subject OF
discussion in commercial circles II Is considered 10 pre-
favorable view of the prospects OF the country and
to be in itself mastery financial statement. From the
great variety Of opinions expressed will evidently be
leenly criticised in Parliament and from its manifest in
justice to certain classes may possibly be rejected a.
whole or at least Re rejected far as regards the in
come tax in which ministers could not do other than
resign. The T6aes ChTonice and PoI praise 1.-THE
other London papers condemn 1t more or less severely
meeting OF The conservative members Of Parliament,
numbering two hundred, held at lord Dertys resi-
dence the 1Gth Lord Derby addressed the meeting
at much length and course oil political action was