The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1853-05-03
THE LATEST NEWS.
FURTHER BY THE BALTIC.


sen,ed his financial statement which proposes
- continue the income tax on diminishing
s.sle for seven years, II extend TO Ireland aud
an incomes over IlO0 per annum. Also TO
~odu,e the advertisement stamp and other
3nIies, and to abolish the soap duties, and sub
Unite fixed ad valorem rates making 10 per 1t.
he maximum on manufactures. He also pro.
no,cs TO increase the spirit and legacy duties.
anJ 10 reduce the tea duty within the next four
,cors 10 | $ per ID and immediately TO Is l0ld.
TIE budget was the chief topic of discuss
s;,n IN business circles, and opinion on the
Inject was divided. Ii was thought that it
n,nla possibly be rejected in consequence of
.ho manifest injustice of some of its features,
pwhich case the ministry will resign. The
Times, Post and Chronicle praise it, whilst
,be Other London papers condemn IL.
The Conservative members had held con.
snI,sron with Lord Derby, and chaiked out
,bejr future course OF political action.
motion made in the House of Lords TO in
ouire into the system of education at May.
n5ootn College, had been defeated by vote o
ITO 10 50.
The Chancellor of the Exchequer said in
The House of Commons that the revenue for
,he financial wear exceeded The estimates near.
Iv 81 SEQ 0O0, and that the expenditures had
allen short of the estimates f3S7 600, leaving
= surplus Of 60 400 600.
Tao Thousand persons attended the soiree
given az Glasgow in honor OF Mrs. Stoves ar
Tival, DR.. Mcdowell presided, and Mrs. Stowe
vas received with the greatest enthuslasm.-
4 soree was also given her on the succeeding
evening by the working classes OF Glasgow
She proceeded next day TO Edinburgh, and
will tourney thence TO London.
FRANCE.
The revenue returns show an increase for
the quarter. LIZ Pays says the country is, ii
uancIaly, very strong. Trade at Paris was
moderately active.
The Emperor had given the Archbishop of
Paris Cardinals hat.
The china from the imperial mandatory at
LeyTes, designed for exhibition in the New
York Crystal Palace, was very gorgeous.
AUSTRIA.
commission under the presidency Of
Count Riecht mig, had been sent 10 LomEardy
10 inquire into the state Of Lfalrs.
The hSsty withdrawal OF paper money had
affected trade at Vienna.
Further explanations, containing nothing
new, have been given concerning the with
drawal OF the Sandman minister from Vienna.
TURKEY.
The English and French Ambassadors had
arrived at COnstantlnOple, and the former had
given the merchants assurance of peace
There was nothing new regarding MenZikotf.
Ghka had resumed the government of Media
via.
A new ministry had been formed with Nj
Lersundi as President.
The Cortes had been dissolved to quash
Concha's exposure regarding the admission of
slaves into Cuba. The rumOred conspirac les
are all false.
1t was rumored that the ministry had form
ed an attempt to overthrow the Queen, but the
rrlr1nr gained kut IittIe pralpnpa
ITALY.
The Austrian measures to blockade Swift
zerIand were relaxing.
HOLLAND.
The Dutch government had formally pro-
tested against the establishment of Catholic
Hierarchy in Holland, and had Withdrawn its
minister from Rome.
SWEDEN.
The King of Sweden had resumed the reins
Of government and the commission acting dur
ing his recent sickness had been cancelled.
PORTUGAL.
Very large exports were being made of
wine.
The cotton and wooden trades were brisk.
BUENOs AYREs.
Adyces from Buenos Ayres state that Ur-
gulZa had seized the steamer Mereid, and that
an arnstice had been agreed upon.
MARKETS,
LIVERPOOL, April 90 The Asia's news
depressed the marbet for cotton, and prices of
mddl;ng and ordinary qualities had declined
I'D. 3D.. Fair qualities and upland were
unchanged.
Breadstuffs.-A large business had been
done in Flour at firm rates. Sales ofBaltimore
and Philadelphia, ex-ship at OBS 23s 3d.
Corn was advancing; white Bis, yellow very
scarce shelled al 32s. Wheat steady and un-
changed.
Provisions.-McH Henry quotes Bacon firm.
Beet and Pork dull. Lard firm at 50 a 53s.-
Tallow was in large speculative demand at
firm and adv ancing rates. Rice dull but not
lower
Cotton, on Wednesday, was freely offered
the circulars quote decline of nearly IL. on
niddling qualities.