Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1853-05-03
By the National Line.
oRrnE DA1IYlNrE ENoER
FOREIGN NEWS.
ARRIVAL OF THE BALTIC.
PHILADELPHIA, May 2.

| PHILADELPHIA, May 2. 81
| The Baltic arrived at New York on Sunday
evening. The Asia arrived out on the morning OF
the 14th. The propeller Genoa, from Liverpool
the 10Th, for Quebec, arrived on Monday direct.
| The Chancellor of the Exchequer in his fnan-
| cial statement, proposes to continue the income
tax on diminishing scale for seven years, to ex-
tend to land and all incomes over G1OO; also to
reduce the advertisement duty stamp duty, and
some others; abolish soap duties; substitute
| fixed for ad Valorem rates, making 10 per cent
the maximum on manufacturers; increase the
spirit and legacy duties, and reduce the tea duty
within the next four years to Is per pound and
Immediately TO Is l0d. The opinions are equal
ly divided respecting the statement. Some APP
prove while Others think it will overthrow the
Ministry.
| The Chancellor of the Exchequer said the rev.
enue for the financial year exceeded the estimate
nearly million and a half sterling, and the ex-
penditures fallen short of the estimate f3s7 1000,
leaving with surplus revenue, surpluss of e.
426,00 The Chancellor's budget is the topic of
! discussion. In commercial circles great varie-
ty of opinions are expressed, and it was thought
that it would possibly be rejected, in conse-
quence of the manifest injustice in many of its
features, in which case the Ministers will resign.
| The Times, Chronicle, and Post praise it, and
other London papers condemn it. The conserve
| tive members ofParliament met Lord Derby on
the 18th, and chalked out course of political
| action.
The Kossuth rocket affair remains unexplain-
ed. KoSsuth is apparently gulltless Hale the
oSLeHSlOle owner OF the factory threatens u pros
ecute the Government. Meantime the munitions
were seized and deposited in Woolwich Arse
nal.
At Glasgow great soiree was given to Mrs.
| Uncle Tom Stowe, and she was enthusiastically
received at Edinburg.
| There will be no fete at Paris on the 5th of
May. The Emperor wants first to remove Napo-
Icons ashes from the Invads to the tomb and
monument recently prepared for thIm at st. Dem
mis-.
Imperial services of china for the New York ex-
hibiton are on private view.
| The Dutch Government has protested against
the establishment of Catholic Hierarchy in Hol-
land and has withdrawn its Minister from Rome.
The English and French ambassadors have ar
rived at Constantinople. The English Embassa-
dor assured the merchants of the continuance of
peace.
The motion in the House of Lords to inquire
into the system of education at Meyrooth College,
was negatived by a vote of 1l9 to So
MARKETS. It..
| Cotton depressed by Asia's news; ordinary
middlng declined 16that, fair unchanged, fair Or
leans 81, middling 1916. fair uplands 81 mid
ding 81. Flour, large business doing Corn
unchanged, yellow 80, a poor supply, white 81,
market firm. Wheat unchanged. McHenry
quotes an advance of Id on market beef. Pork
dull. Lard firm. Tallow, an upward tendency.
richardson Bros quote wheat unchanged, fair
consumptive demand. Corn advanced Cd, white
81 to SO. Flour commands full rates.