Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1853-05-06

BGFThe steamship Baltic arrived at New York
on the morning of the lst inst, with Liverpool dates
! tothe Goth ult.. being four days later.
i ENGLAND. The Chancellor Of the Exchequer had
presented his financial statement, which proposes to
continue the income tax on diminishing scale for
years to extend to Ireland and to all incomes
over GlO0 per annum.s Also to reduce the adyer-3
tisement stamp and other duties and to abolish the
soap duties, and substitute fixed ad valorem rates,
making 10 per cent. the maximum on manufactures.
He also proposes to increase the spirit and lega-
CIV duties, and to reduce the tea duty within the
next four years to Is. per h. and Immediately to Is
1O4d.
J.. The Budget was the chief topic of discussion in
business circles and opinion on the subject was dl-
vided 1t was thought that it would possibly be re-
iected in consequence of the manifest injustice of
some of its features, in which the ministry will
resign. The Times, Post and Chronicle praise it,
whilst the other London papers condemn It,
The Chancellor of the Exchequer said il the House
of Commons that the revenue for the financial year
exceeded the estimates nearly 81 500 0oO and that
the expenditures had fallen short of the estimates
G3S7 900, leaving surplus of e2 100000.
Two thousand persons attended the soree gwen
at Glasgow in honor of Mrs. Stoves arrival. DIR.
Mcdowell presided. and Mrs S. was received with
the greatest enthusiasm. A soree was also given
her on the succeeding evening by the working class
es of Glasgow. She proceeded next day to Edln-
burgh, and will Journey thence to London.
| F2ANCE.-Thcre will be no fete at Paris on the
10th of May, as the Emperor wants to remove the
ashes of Napoleon the First from the Invalides to ST.
Denis on the 1st of May
/ The revenue returns show an increase for the
quarter LIE Pays says the country is financially
| very strong. Trade at Paris was moderately 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, very gorgeous.
/ TURKEY-The English and French Ambassadors
had arrived at Constantlnop'e, and the former had
given the merchants assurance OF peace: There was
nothing new regarding MenZlkef Ghlka had resum
Il ed The government of Modavla.
SpA1N-A new ministry had been formed, with Nj.
/ Lersundi as President.
i The Coltes had been dissolved 10 quash Concha's
exposure regarding the admission of slaves into Cuba
} The rumored conspiracies are all false.
Ii was rumored that the ministry had formed an at
tempt TO overthrow the Queen, but the rumor gained
but little credence.
5 HoLLAND-The Ouch governmet had formally pro-
tested against the establishment OF Catholic Her
archy in Holland, and had Withdrawn lis minister
f from Rome.
}, WILMINGTON AND MANCHESTER RAILROAD-We
had the qualification of seeing, Saturday the 10th
of April, the first cylinder which has been sunk In
the Great Pee Dee River, being the commencement
of the work of erecting the ion columns to support
E the Railroad bridge. This cylinder was sunk by at
mospherc pressure, and is the first that has been
emp loyed for bridge building, in the United States.
The result is perfectly satisfactory to the engineers
engaged, and to all persons who have witnessedit
The road is progressing rapidly to completion,
and this magnificent and useful work will be finish
ed through the entire line of 15S miles. from Will
mington to the junction of the Wateree, near Man
: chester, during the present year.-Morfon Star
r John W. Foster, Quaker and leading Rhode
Island Abotionist, has recently renounced his abo-
ltionism. and in doing says that those who make
r up the abolition party are quacks-that they are
-. IoSir tO hum hnrt
and that they have injured the slave to an extent
r that cannot be repaired in quarter of century
: MEx1co-HER DEsTINY.-The political and finan-
ca condition Of the present time Is attracting the al
tention of political economists who see therein vast
results unfolding themselves. She has foreign debt
# pending of about $53 100000, and domestic debt OF
J. 6,179 406, making round aggregate of some $780,,
600 900 to struggle against, without the ability OF pay
t ing That her for quidang are diminishing
# is fact shown by the decrease of her revenue from
$50 900 900 before her independence to So 600
s. under General Arsta! How this immense debt be
met, each year adding to its magnitude? Certainly
not from revenue, shown; certainly not from taxa
If ton Tor the people are poor, and have certain lnsur
s. rectonary feelings that will not bear tamperng with
If To add 10 the weg ht of Mexican trbuatlon Santa
Anna has returned, with all his hostile feeling toward
the United States, and every disposition to annoy US
His policy is no yet revealed, but, TO Judge from ht
past conduct, we have but little to hope from it. He
n, certainty will not be abe to free Mexico from The
burden that Expresses her, Nothing but trouble car
result from his return Mexican writers seeking
for to the problem of what they are to do
DC and looking of them hopefully, towards an
% neXatIon with the country the solution others
d with dismal looks openly admit the chances of III
d result writer saying, that if the remedy is no
found in a spirit of unity-which he admits does no
n exist the United States will obtain the object
&c their ntrigues, and Mexico will at length be blote
out from the catalogue of nations. What that obi
" teration means we leave for others to infer.
: Boston Post.