New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-06-11
The prices and sales Of stocks at tho Mining stock
poard tbs morning were ~ follows,

Sr-,.l i.frtf u q Pts.uur. n...........a u
ttr'ns,In........- 81 Observation-Disclosures. I; =
french Ctr.t.......2 .. Il-ccu.A tuy....,. y -
lena I'' i'.....-S, 10 CO. i otii.i.i 10
II IlRocs 'sud.......... ~
IIuton............ia. H. sup rior....-.....'.'b ~
i... Voyris''.......- q ls.iiuas ssl. ID Mnllo ~
frdin 'a..............it !Nsruoit'.....'' y
l,err.on L. Id Co... n Ik ~ ildtor........... y
81 lWicahAn...........- y
100 shaIta French Crack. q 100 shases Osima
no .h,,s. nrk. C, III 81 snarcs i.ntrs........ ~
100 sL.-s. kuowon"... al 9shares Mime '~'.'C'
A Iuessing Of the Directors OF the CbIcsgo aud
Rock leland Railroad was held at the Company
oiiics in Chicaso on Thursday, at which Henry
Fa-nam, esq. resigned the Pseaidency OF tie road,
ra-iton which he has held since l51l. Tie Board
OF Directors passed series Of resolutions niShy
complimentary 70 Mr. Farnum. regreiting bis rcsg-
nation, Thanking him for his unceasing aad ustirng
devotion to the interests Of the Company, am
expressing me hearty wehes of the BoaId Tor
continuance oil lis health, happoees AID success
both here and IN the foreign lands winch lie PFC
poses to ysit.
Tic annual meeting Of the stockholders OF the
Company was held on Friday, when the following
pey Board OF ectors was elected Thos. purant,
David Dows, Chas w. Duu.nt, CLARK Darani, l.. ".
Durham, Francis II. lows, Thomas I. StnTgis,
Geo. 4. NJ. Davis, Harvey Kenuedy, Ne~-Yo'ki
Robert A. Fonyth, Newburgh, Il. II u. T.
Leaned. Albany, n. Y; John f. Tracy, Chicago
H.; T.. Cook, Davenport, Iowa. Subsequently, the
new Boa,d elected the following oicers President
Chsr. w. Dur4nt; Vice-PIesidept end General So
perintendent, John f. Tracy Secretary, Francis H.
lows; Treasurer, +. W. Durham.
The Nsw-York Consclidsted Stage Company AZ
the annual election OF Directors, held q, tie Com
ranys Office, Broadway, corner of Ihirty-'ourih
,reot the following gentlemen Were eiec'ed Tor The
,p,uing ycur: Jane, Murphy, Timothy Townsend
Jes,c T.. Marshall, Peter j. Swecny, Richard y
Connolly, john T. Magrha.!, Hugh Smith, John
Clancy, Jacob Campbell, Jota J. bradley, iboms'
4. Gardner. Peer h. LcSerre, Bsplamin +.
Sealey, Leonard APpleby jacob. Campbell Sc
oreiAry.
An article on the English Tax sy'tem in llunts
Merchants Magazine for june Is Of consid'';.hi'
interest as it gives us EoslanIe experience Ia de-
veloping her present system of taxation. Tne dii-
ierent lines Of policy pursued by her al different
times ARE clearly potcd 10 tue sriiee. Protection ~
~. teveroet sensc "a seen in the coarso Of Henry
VIII. who freed one OF his slayes-a iaor-io- "A
sum Of money, and ercoumged the making O; cloth
by preventing wool-growers from eell.og to any but
manufacturers in THEN peishborh)od. o,her soye-
regns u,pe.laly Elizabeth, fsruod out al toris oi
ps.yi,,g,s for suuis OF money. These aud multi
,ude. OF enacimoDis fingered, some Of thon, down
to within thirty yenrs.
The policy, however, inaugurated By Sir Robert
Peel has proved most prosperous fos Elg4nd. Iae
p!sn ho adopted was 10 remove al thoso axes an
restrict D. which !u.erfered with tie fee and
psomr Interchange o. sools ,nee 1t !, easily nadar-
stood that TIC promptly available are the pro-
duc.s Of industry tee production ia encouraged
TIE mosi important Of thess Wa food. Piossions
al ilen were prohibited aud corn highly taxed. By
removing lhc.c burdens, food would be cheaper aid
an wages would be practically higher, tnce Tor the
sau, money tho lsboFcs could procure moro neces-
sanss.
lie radical chang. thu. produced in tho Govern.
mont r-,,y may he illustrated by tho fact that IA
1872 sr Eober, Peel found .OJ2 article. subooi to
customs duties. TAolo AZ. now bn' - article,
charged with duties, AID lin bull Of tho revenue s
raised from IS only. The cue on- revenue IA lHi',
from ~ articles. va 60 5l5.Ii, aud m 1867,
60, 80. 10, frum - sHic 90, or 80 follows:
i ssI' ......... % g5llsi LLlEsn
Nothing can more clearly demonstrate tbs y4st
sncee.s Of the policy inauSuHied by Sir Robert Pee,
aud ,oa,ingcd by Mr. Gladstone, than theso ie" liz.
urea
5. Ilal,cit & Co.'S Ciicular for tho steamer las
q following article upon the money market aud tie
treasury:
Tho rLenorneuon Of stringent ni'rk., ia the ulls; q
sbuada, aud i,cfea,iar capital se-ias investment 80
Anoa The alleged o.1., several u-en charged tho
oTcfan' OF Ito oo,crncus scai-ry az toso" ~ Aaso
tbos,n. Il well ilqlify uto tr truh. al ,ut-
BLEED ugsn oi, al sutnonts -i.t. he !cS lic.s;
Ih- t,,-ou. stsiy made arc nnfuea N solr o. the
i.t h. exchange Tor tirrTwenir bonds q! dc.
,ro,oI ahd ones issued g. lLr p-cr thrfohy alma
hand all ia's ~ Jdt ,eorir! Tie
probably originated in TIC custom 81 d-sisos ~ tHr
Ji U~,na4i" note. i-.nic -s, enler t. thrI place
The Ifr.nt balance la the Tf~a.gry T. the ,rsl, 81 t-
1r'- ia really quite -.n ,ho large p-ent balance
oon-sn- OF moneys subject 20 the order o. di'ounJ Oh
Uui not dish oa A'u.h theS cannot LONG % Acs out
u the s-u"isl ci'cu'aioo
d. Payments rm the Tfrlsury sfn made. usually IN
nry not have ssrfod. crly IN Crttat'rs ~
Iaeo.. dAo. Eyn hoiGor OF check. fos Csnibc
psopofiion-afc psi' o. q coat IA money.
IL na' bo"n ..d tbat hi,h ~, 81 e tho Trslury hs,
ttlfcd t4ai Ituis ears BouIWi uo put The uass
i.Ju.y la. what wall De d,1o aitefiLs p,i..rs
uctciuiae bu %. seton 4 the brrauent VIII cont
70 r,-u"I win reference ia condition md tao .,
rlr srmy los been p'!d as,oipatsd 70 tho J., @;
~, aud h. rcrtrG tAa' tho 1T 4 july wi
be .o4ry ugh 90 Tbs IuEuTy pay u M that d.t"
Na tne.c iss '-sna mat be bppsrrut th6 there H.
iOf cyus -. l. t. ihA IL. u,oto,
4i ino tho Treasury tErot the process cOusrnIuH
isss; OF ns,ossity, perform ocu De.o" u caots
Tho nal Nsul.s nom which u ta.su Eut. tis
ifou al ,-con. - the ioyi stsei AMI
u.ULisd IA tic ssno by oca dsuutsc this lit.
tt D. short .oantitc, ~ IL ufri tAat the ho,rHuut
coat ng, 10 b,Vw ~ i,rs ihv public l. willie
lend. may be saiI la moro % trsc I.usir
.l than days tbs vaults fi.a.ufy who u
well tHVwn ttt money ~ byrft4ruG 4, .aIns u iEaa
abroad All t1al tho UanArr oil the cOunty Iopan
updy possible, e. make the bond 81 The the
bls. OF how isus ~ cufracy which must before sul
produce upou the oiIcniiuon pabS c1p..yo end stl.