The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-02-05

guilty at ALL He IL and was always protectionlst
II is on that account that NJ Theirs selected him as
Minister OF Finance. But nearly the whole OF this
week he has quietly sat on his bench, while Nj.
Theirs has fought In the tribune. IL NAV often hap
pen that Munster wlll propose an absurd mode OF
taxation, but SO long ~ the Cabinet as whole or
the Chief OF the government does persist IN I'M
posing the scheme upon the nation things can be
easily settled, as they were last year In England,
when Mr.. loves match tax was on the taps. With
us, however, things stand quite differently. NJ.
Theirs. who rejected the income tax in consequence
OF his lear that 1t would ALLEVIATE from him the
well-to-do classes insists upon
TAXING RAW MATERIALS,
and the result is that Marseiles, Lyons Bordeaux.
Havre, ST. Eiienne, Eibeuf, Roubaix. Amiens and
whole lot OF smaller cities have sent
IN their protests. What will be the result
OF this struggle no one can foretell; but the
most likely thing is that M Theirs VIII not give in
that the tax will be passed-as he himself said the
other day 10 friend OF his by majority OF forty
or nifty votes and that immediately afterwards NJ.
by temnorary coalition of LABOR and capital.
stluck IN all their dearest and In their only common
interests. And what Is to come thena Nobody IN
MAIN FEATURES OF THE BUDGET.
But to know what these fifty million dollars are
you must at least have The main features or our
budget OF 1872. The estimated receipts ana ex-
penses amount to about tour hundred and ninety
millions In favor OF the receipts which are composed
the product Of taxes which existed be-
fore $oO5y lrS,oU
The product OF new taxes ALREADY voted
The product OF the awkward taxes TO be
voted yet. 81, 000, 900
Total. ACKNOWLEDGEMENT 4s1, 1927, 500
All the usual expenses have been cut down to the
lowest possible point, SO mat the enormity OF the
budget would not give rise TO any disc0ntent what
ever II the taxes from which the balance is needed
were more properly selected, and II there did not
ject-namely, the
INCREASE OF THE WAR BUDGET
and the repayment OF the money advanced by the
Bank-the first item amounting to fifteen million
and the second to forty million dollars. People say
the sinking fund IS quite luxury az present. when
are to be made. As TO the increase OF the military
budget If II does not meet with considerable OPP
position the part OF the French 1t II strongly at
tackled by the English and German press. Count
Arnim. the new Prussian Ambassador, mas
this point saying that the. government OF
Berlin considered the protected armament as
ton came with o very bad grace from Prussia,
which 1s reOrganizlng even with more determina-
ton tnan France, and snaI further an interference
quite lnadmissible. The TACT IS that M. TIMERS
knows that against foreign as well as for home
emergencies The best means are good army and
plenty OF cash IN hand Therefore he wants TO have
the Bank always in easy circumstances and the land
and naval forces In good order. The only thing Is
thar he cannot succeed In his Efforts If he eXasper-
ates the industrial and the working classes by tax
ing raw materials. Yet seeing that ne loses ground
In that quarter he exerS his best efforts to regain
favor with tile small landed prOprietOrS While the
raw material tax was brought before the Assembly
THE MINISTER OF INTERIOR
addressed circular to The projects or thrty-fOur
departments that nave suffered from invasion,
nOuncing to them that the hundred million francs
voted on the 9Th OF september last as indemnity
10 the sufferers would be distributed In blmOnthly
payments, tOcOmmence on the 9th instant. At the
same time M. THEIRS seeks popularity by endeavOr-
ing 70 put an end to the occupation VI Inc border
departments.
FINANCIAL NEGOTIATIONS.
For this three millards OF francs are wanted and
he has begun some negotiations with che houses OF
OF PARIS; Thomas Gibbs, OF London;
Sine, OF Vienna and some German bankers O; st. |
Petersburg, with view to get money against |
French five per cent rentes issued at 87T. ne sue.
bur II 10 very doubtful whether ne can
reach at anything IKE success IN this big financial
operation in asufllcently short time to prevent his
overthrow should the raw material tax be voted
ATTACKED BY THE PRESS.
In the meantime he does not lose sight OF those |
that seem disagreeable or dangerous to him. TWO |
papers attacked hun TOO tercey and nave both |
papers are the GauiOs ana the Constitution. The
former Is an imperialist the latter radical organ
Severe measures are also spoken Of as being pro-
jected against some OF the more active representa-
uves oil the imperialist party. But, bold as NJ.
Thers IL, he VIII have to think twice before ex-
pelling any Frenchman from the French territory,
as he would like to do with the Chiselhurst sympa-
thiZers. He knows that the first outcry Of the IN
dustrlal and mercantile classes when fhey Will be
Overtaxed, Will De Tor regime under winch their
business has 50 remarkably nOurlshed.