The New York Herald Newspaper, April 17, 1842, Page 2

a rthenware, to £8,000; and on provis- jona, 10 £5,200; making altogether £31,000, which, added to rhe duties on minor articles, makes a total of £100 000a year of estimated loss to the revenue from thissource ¥ To countecvail the advattages possessed by rail way companies itis proposed to decrease the mile age paid by proprietors of stage coaches to a uni- form rate of 144 per mile, to take off entirely the assessed taxes upon guards and coachmen, and to reduce the present license duty of 6 guineas to 8 guineas. I is proposed also te take away the duty imposed upon the lettiag of job carriages. By these reductions tbe lossty the revenue is estimated at £70,000 a year In connection with the equalization of the stamp duties in Ireland, previously mentioned, it is con- templated ut the same time, to make some reduc tion upon those levied upon some articles in Great Britain. In pariicular, the duties upon_ policies of insurance are to be modified, the duty of 35a. upon charter parties to be reduced to5s.,and the stamp, of 3%. upon a bill of lading to 64. The eff-ct of these reductions, however, upon the revenue, is in- cluded in the sta'ement, aiven above, of the effect of the proposed equalization in Ireland. The financial arrangement of Sir Robert Peel as a whole may be thussummed up :— Estimated deticiciency on present income for rending oth April, 1543. ......604 n on various articles of tariff, as raw materials used in manufacturing, kc. NEW YORK HERALD. 17, 1842. New ¥ Whe Kevolution In Khode Island, iv day several documents whieh give & the movement's now going on in Ww qorrect view of Rhode Island—whieh many suppose willend in blood and civil war—bat which we are inclined rather to aA = imagine will be on! and black eyes. It is a curious sta s however, and a few days will determine the re The Sutlrage party hold their election to-morr and the Charter party on Wedarsday piece EE HIGHLY iMPORTANT. TEN DAYS LATER FROM EUROPE. ARRIVAL OF THE SHERIDAN. ty of b ihilation of the British Army ‘Total A Affghanistan—-Six Thousand of the Soldiers ral Elph £2,570,000 270 000 170,000 600,000 Slaughtered--Major Gen stone and a Son of Burns, the Poet, Massacred— Repeal of export duties 100,060 Assassination of the British Ambassador | Repe lof duties on stage 70000 to Cabool, Sir Willlam WNaghten—Twelve rare Thousand British Troops ordered to In. | Amount of new taxes, as detailed above... 4,310,000 Qa-—-Important News from England--DL. Surplus....ssseeseee £530,000 To meet increasedjestimates for India, increased cherge for Cana, and remission of duties on account of commercial treaties. Sim Roserr Peer’s Corw Imporration Bit —la the House of Comnon:, March 9h, the second reading of this billtook place. SirR Peel said that the fixed duty of the noble lord John Russeil would notbe a measure of justice to the agriculturalists, nor would it give them the exient of protection which he avowed himself ready to concede. He denied that he had ever said that he did not expect that this measure would give no relief to commercial manufacturing distress ; what he had said was, that he could aot hold out a hope that it would lead to any material or immediate mitigation of the suffer- ings of the prople He was of the same opinion still, and cons:dered if he held out great expectations of greatand immediate relief from the change he proposed, that he should be practising a delusion, for he did not think the distress was the result of the ex- isting corn law, and he would not, therefore, be at once relieved by its alteration. He had felt it is duty toframe a measure which would lead to a prac- tical result, and hissuccess in so doing it was which had led to the duln measure been otherwise than practical they would have had much more vigor in their denouncements of hisplan. The right hon. baronet then appealed to the house to say, what would be the consequence of rejecting his nieasure?” The noble lord could not : carry his measure, nor could any other proposition he India. " had heard hope for more than a comparatively trivial The Cotton market was very heavy, but American | support, and the result, therefore, would be to keep fully supported fast quotations. Lower kinds had | the question unsettled, and the ceuntry agitated upon declined. Money was abundant in London. Flue. | @8ubject of such importance. He hoped, therefore, sonnin GC! Nelimmedaie Whéathned nel that #3 his measure Was a very considerable conces- tuations in Consois limited, heat has declined lv. | gion, the house weuld preserve the country from per quarter. such a state of things by agreeing to the second read- Nothing later from China. ing of the bill j ; Tue Count, &c —The Queen caused cards to be Lord Worsley expressed his intention to vote issued for a grand dinner at Backingham Palace, against the second reading of the bill. The house divided. March 14, on which day Her Majesty holds her first levee this season. ' For Lord Eb:ington’s amendment. For the second reading. . The Prince andthe Royal Infants, as well as Her Majesty, continue to enjoy excellent health. At is worthy of remark, that at the present period there are three countries in Europe, the existing gov- ernments of which have just been firmly established in power by the vote of their resp ective legislatures. We allude to Great Britain, France, and Spain, all near neighbors to each other. Sim Roserr Peev’s New Frvanciat axp Com- merctat. Poricy.—In the House of Commons, March Ith, Sir Robert Peel brought forward his | $140,007, overine amount’ received in the prece- new scheme of finance. He shows a deficiency of | ding yeat.— Parliamentary Paper. £10,000,000 in the revenue since 1837. And he pro- House of Commons. poses, to meet this, and support two large wars, one | Faipay, Maxcn U1.—In reply toa question from Mr. 8. in India and one in China, that @ property tax be | Wortley, telative to the reeent disasters in the West of India, levied, terminable in three years, unless otherwise SirR Pre: stated the amount of information which determined by Parliament, at the rate of 7din the | Bad been received by the government,and which reached pound, or £2. 183. dd. per cent. upon the property | thai only to the 16:h of Jaauary. It was impossible to deny thatour troxpe hed met with a very serious reverse, and rater aly , . yy an act of great pertidy and treache: ad been at- and the incom PC f the country, exempting, however, tacked on-theit way from Cabool, after its all incomes which do not reach £150 a year. Still there was no cause for despair, and For the levying of this tax in Great Britain the ha peasbanphd herrea pcr rtd bee aol er ope machinery already exists; but the same remark i : uf bo does not apply, tc Ireland. Upon this and other | Signe feel | rte whores demi ihe goveroment grounds the ministry propose to exclude that coun- | had taken place, in order that no exertions might be al try from its operation, except so far as the incomes | ted to maintain our India empii derivable from land, &e. in freland are spent in En- Sir J.C. Hosnovs® hoped thi: gland, when the absentee will be taxed equally with | the governmevt would tranquilize the alarm which pre- the English landewner, thus holding out a bonus for led relative to this disaster, which, however, he be. lendowners in Ireland to reside upon their property | lieved to be much exaggerated. 4 in that country. In consideration, however, of this Sb sth ood ree resolved itself into a committee of ey een peel duties levied in Ireland are to | "Six Ionrnr Tet. rose to develope the views of gov. » equalise > - | ernment upon the country’s fioanc a commerci tain, and as' additional is to be placed upon policy. Ho said, he eheuld t If unworthy of spirits, maki duty, at present 2s, 84. per gal- | his trust, if he could sutfer the prospect before bim te Jon, equal to tha! charged in Scotland—viz , 3s. 84. earten his hopes or abate his alacrity. He would per gallon » amount derivable from stamps is | Conceal nothing; the first step to improvement in the estimated at £16),00), and from spirits £200,000, | state of the country was te look its diticulties boldly in It isfurther proposed to impose a duty of 4s per | the face. He would take the responsibility of proposing ton upon ail otalaaxpotied from the united Kingdom | Whst he thought necessary, and the house with whom Would rest the acceptance or rejection of his proposal, whether borae in foreign or in British bottoms. Now | should be furnished with all the information in hie ea a duty of ds is payable upon this article shipped | He had two requests to make of them. Speaking thus in foreign vessels. The operation of the reciprocity | early in the session, he hoped, first, that allowance treaties has, however, decreased the productiveneas | would be made for a possible miscalculation in his esti- ef this duty from £50,000 ayearin 1831 to £6,900 | mates; and, secondly, that [i gromminng would suspend only in 1840, whilst the quantity of coals exported | their judgment until he should have finished hii te- otal Revol Vision on Peel's Corn Bill tion of the Financial and Co: licy of Great Britain--New Tariff—Proper- ercial Po. ty Tax--Sir Robert Subject, &e. cc. The Sheridan arrived fiom Liverpool last evening. She sailed thence onthe bith ult Highly important intetiigence had reached Eng- land from India- Advices from Bomt “ebruary 1 states that Cabool has fuller, the whole British force there, amountiagto six thoasand men, agnihilated; one entire British regimeat, the 44th, erased at one fell swoop from the army Se, and five native regiments cut to pieces. The ladies of the envoy and the officers, sixteen in number, have been carried into captivity by the ruthless Affghans. Sir Wm. McNeaghtan,our envoy to Cabool,had been treache- rously assawsinated by a son of Dost Mahomed, his head cut off, paraded through the streets ona pole, and stack in devision onthe walls of Cabool by the infuriated insurgents. Eight thousand troops were to leave England for Peel's Speech on the 176 84 Mojority... he bill was read ¢ be commited on Friday next. TRape axp NavicaTiox.— Imports —Erom @ cor: rected account of the imports of the principal arti- consumption of such articles, and of the customs luties received thereon, in the year ended January 5, 1842, compared with’ the imports, eonsumption, and receipts of the preceding year, it appears that the gross total amouat of duty received on the above mentioned articles, in the year ended Janua- ty 5,182, was £23,606,124, being an increase of ped trom 356,000 tons in the former year | Meat, When the whole of the plan would be before them, Sea uey On anvatane By reltiocainn the duty, | The Chancellor of the Exchequer hed calculated the probable revenue for the year ending April 1842, at £43, 310,000, and the probable expenditure at £5,735,000, and that calculation had proved to be very nearly accurate ; the actual resuit being only £166,000 below that estimate of revenue, and a little—he knew not precisely how much—below the estimate of expenditure, For the year ending April, 1543. the estimated revenue would be 148 350,00, the estimated expenditure 150 819,000, and the consequent deficiency 12,469.00, A farther probable outlay must be provided for in rerpect of the war in hina. Something must be made good for Australia, and something in Canade; and a considerable addi- tion must be made to the army estimates on ac count of the war in Affghanistan. The +: finances of India, too, required attention. If Iudian credit were shaken, the credit of poe mage would be affected ; and the present state of Indian finances was not a consolatory one. He feared that the deficit thereupon in the twoy uding next May would not be less than £4,700.00). How, then, were these deficiencies at home and in India to be met? Should we persevere in the sys- tem of the last five years, the system of loans and exche- auer biils, the system of permanent addition to our debt? Wasthere pect ofany considerable reduction in expenditure? or was the present deficiency an occasion- alone? No; it been proceeding for the last six years. In such circumstances, he could not resort tothe miserable expedient of continued ioans, When the post office revenue was abandoned—a surrender which he had diseuaded—the parlrament which gave it up engaged to grant some other supply inits stead. Should he then impose a tax on ariicies of consumption, on the necessa- ries of life? He could not consent to place burdens upon theflaboring classes; and if the house attempted that they would be defeated. The late government had pr posed an additional per centage of five per cent on the customs and excise, ani 10 per ceut. on the assessed last year the additional per centage on the nd excise, instead of producing £10 on each produced but about 10s.; bat the per centage on the assessed taxes had produced considerable more than the estimated result of £10 for each £1000, a new survey, however, having been made for the purpose of the increased assessment. ‘These facts proved that the coun try hadarrived at the limits of taxation on articles of consumption. All these resources, then, being set aside, should he revive oldtaxes? Should he go cack tothe post offic? At present, new packet expenses being ad- ded, the post office produced vo revenue at all, but rather ‘ge; but he did not think the recent sufficient trial to justify as yet an in- upon postage. Should he revive the taxes upon pon leather, or upon wool? Upon the faith of their abolition contracts had been entered into, and salt, partie- ularly, had been applied toa variety of new purposes. Shontd he resort to locomotion for the purpose of taxa- lion? He was relactant to tax the means ot transferring from place to place the labor of those and making it bear equally upon British and foreign shipping, it is expected that a duty will be derived of £200,000 a year The entire produce of new taxes may be recapi- tulated then as follows, vi Income tax (in round numbers Stamp duties, lreland. . Spirit duties, Ireland Exportof coal... Total new taxes....... «£4,310,000 Deduct from this amount the estimated deficiency of income as compared with estimated expenditure 2 And a surplus will remain of........ 1,740,000 applicable to redaction of duties by a re-modifica- tion of our commercial tariff, or to contingencies un- foreseen. , We come now to the reductions of duty proposed by Sir Robert Peel for the reliet of the producing and consuming classes. Into this part of the sub- ject, however, we are not at present able to go seria- dim, inasmuch as the details of the eatire plan, com: prising & complete re-modification of the existing commercial ' iif, are not as yet brought before us. We take, however, the chief heads of reduction as stated by the right hon. baronet. In entering upon this modification of the tariff the government propoves, “in the first instance, the re- moval or relaxation of all duties of a prohibitory na- ture; and, secondly, a reduction of the duties upon the raw niaterials for manufactures to a very consid: erable extent” instances retaining only a duty for th e of statistical :nforma- nd in very ises imposing more than five per ceat. 1 1200 articles of consumption it is pro- posed to reduce the duty upon 750. Upon the re- maining 450 articles no alterations are to be made, except in some cases where the duties ate on! y retained at present to be made the subject of future modifications in favor of countries with whom com: mercial treaties are pending. Amongst the duties | #0 in abeyance are those upon French wines, brandy, &e., and the prodncts of Spain, Portugal, and South America. The amount of loss to the revenue from all these reductions is estimated at £270,000) per an- num. As a boon to the consuming classes and, to some exient, a propitiation to the demands of the Brazilian | and Cuban planters, it is proposed, in the first in- stance, to reduce the duty upon British colonial coffee, from 61. to 4d, and to admit foreiga coffee, imported direct to this country, at a duty of Sd. per Ib., instead of Is. and 1s. 3d, as paid at present if imported direct, or 94 per Ib. it sent round by the Cape. The loss to the revenue from this reduction is estimated at £170,000. Upon foreiga timber Sir Robert proposes that the duty should be reduced in the year 1842to 1843 from 56s per load, the present duty upon square umber, to 20s, and upon deals to 353 per cubic foot, and lath: wood, 20s; and in the year 1843 to 1844, to 25: 39s, and 2s, respectively. —in 8 me protection. suggestions of people who were nding him projects for taxes on pianofertes or cont ccompanied with claims of very large per raised bi Pon the proceeds, he came to the question, bh 7,the late government, how far it might be possi rte to obtain increased revenue from diminished taxa ata nation’s revenue was eventually it Cre ead by diminished taxation. might be quite true ; but rsteffect wasalwayeafall of that revenue, and @ long interval was found necessary to restore th This principle was illustrated by what had with respect to wine, tobaeco, coffe » hemp, sugar, and other articles. A mere reduetion of dution’ there’ fore, would not suifice to meet the present exigencies : and he would now state what was the measure’ which’ under a deep conviction of its w sity, he was pre-e pared to propose, and which he was persuaded would enefit the country, not only in her pecuniary interes! but in her securty and her character. The right hon. bart.then proceeded as follows :—Sir, I will now state what is the measure which I propose for the consideration of the house; which I propore under the sense ‘of public duty ; nay, with the deep cunviction that it is necessary for the public interest, bat with en equal con viction that the present sacrifices which I call for to be made will be amply compensated ultimately in @ pec be more than compe Upon Canadian timber a corresponding reduction will be made from 103, the present duty, to 1s. upon square timber, and 23. on deais and lathwood. The proposition of the late go verniment with respect to this article, it may be re- membered, was to reduce the duty upon foreign tim ber to 453, and to raise the duty (/) upon Canadian timber from 10s. to 15s. To the consumer, to the Canadian, or to the British shipowner, we need not state which proposition is the most favorable. By this reduction the loss to the revenue is estimated at £60),000 a year. [tis next proposed to abolish altogether the daties levied upon exports of manutactared goods, which amount at present on wooillens to ,000 per an ; ‘ ty point of view, but which will Aum; apoa Hinen yarns to £4000. per annus; | sated for tho effect it will have in maintaining the public on silk, to £4,800; on manufadtured iron, to | credit and the ancient character of this country.— £21,000; on seme other articles, to £9,000; on Cheers.) And it is my duty to propose that, instead of locking for stead of reviving taxes upon salt and sugar, it is my duty to make an earnest appeal tothe possessors cf property —(enthusiastic] cheers from the + opposition)—for the of their debates, for had his sida) Seem eey sch SekOO d a second time, and,ordered to cles of foreign and colonial merchandise, of the ‘atement on the part of ation upon articles of consumption, ii purpose of repairing this mighty evil (Continued cheer ing.) T provesae ‘atime to be limited—and I make the proposition as I said before I never occasion to make @ proposition with a more powerfu) conviction~ that it is one which the public interest of this come, re hi I prepore that, for a time to be limi income of this coutry lt be ealled upon to contribute a certain sum for the purpose of remedying is mighty and growing evil. (Cheers.) I propose that the income of this country should bear a charge not ex: ceeding sevenpence in the poand—(ch notamount ing to three per cent., but to 2/ 18s 43, for the pur- pose, not only of supplyivg the deficiency in the revenue, but of enabliug me, with confidence and Fatis- faction, to prepose greatcommercial reforms—(loud and general cheering) which will, Ithink, make up ier the sacrifice—which will afford the hope of reviving com: merce—[renewed cheers] and that improvement in manu factures which will soon re-act upon every o' rest in the country, which, as I said before, in a narrow pecuniary point of view, will, by the diminished price of the articles of consumption, and the cost of living, compensation elmost to every one for the pecuniary charge, und which, by relieving you of the contempla tion of ‘those mighty public evils, will more than com- pensate the possessors of property for the sacrifi‘e. [Im- mense cheering.) Sir, there have been former taxes upon income. Iuthe yeer 1793, whe. the prospects of this country were most gloomy, the minister of the day hadthe courage to propose, and the people had the forti- tude to bear, an income tax amounting to 10 per cent. In the vea~ 1603 that income tax was discontinued ; but af- ter th» rup wre of thelpeese of Ameaens,aduty of 5 per cen: was put upon property. In 1905 that duty was raised to 6} per cont, and in the year 1806 it was raised to lv percent. Now, ! propose that the auty tu be imposed upon income should not exceed three per cent; that it shohld, in point of fact, and speaking with perfect accurasy, be limited ‘to 7d. in the pound, @: £2 18s, 4d. percent. Formerly, when the income tax of ten per cent. was levied, only incomes of £60 a year were exempt, and all incomes between £60 and £100 a year were eubjecttoa reduced rate of duty. | shall propose that from this income tax all incomes un- der £150 shall be exempt. Under the former income ti respect to that portion of the charge which was derived from the occupying tenant, the tenant in the oc- cupation of land, it was estimated at three-fourths of the rent. It was admitted, I believe, that that estimate was too high; that estimating the rate of profits at three- fourths of the rent was on unreasonable estimate. I propose, therefore, that in respect to the occupying tenant, the occupation of land shall be estimated at one- half instead of three fourths. This is the reduction that was contemplated in the year 1816, when Lord Bexley proposed the renewalofthe tax. I have every reason to believe that one-half would bea fair estimate I be- lieve Lord Besley intended to carry it further for avery short per 1 propose to redueeit from three fourths to one-half; and I believe the reduction to be perfe tly justifiable, rents having increased in reference to the value of land in that ratio which will meke the diffex ence (Hear, hear.) 1 propose—and I sec no ground for excep- tion—that all funded property,whether held by nativer of this country or by foreigners, shall be subject to the charge to which I propose to subject other sources of in- come. {Hear.] Sir,that isthe navure of the proposal which itis myintentin, with the full and unanimous con- currence of my colieagues—(lout cheers)—and with the deepest conviction on their pert thatthe measure is wise id necessary to make to the house. (Cneers.) Taese the main points of the proposition I intended to sub- mit. Of course the house wiilcallon me for so:ne esti- mate, the best I can frame, aa to the probable prouuce of this measure. I am sure that every gentleman knows how impossible it is to frame any dettuite estimate, or to draw any certain conclusion on a subject of this nature; but Iwill ‘e the house the best estimate I can frame, and state, ay ciearly as Iam able, the grounds on which Iframeit. (Hear, hear.) Inthe year 1814, which is the to which we have respect, the income in Great B d to the property tax was about £173,000,000. The property on which that income was assessed was comprised in five different divisions or schedules. The schedule which was entitled by the letter A contained the property derived from land. It was divided into three classes—namely, the rent of land, the rent of houses and the rent derived from titnes, mines, quarries, canals, and other similar property. The property im respect of the rent of land a d amoun'ed to £39,400,00. I am speaking of the year 1914 {The rent of houses was £16,200,000, and the profits derived from tithe arries. ke. £4 470,000 —being a total of property derived from lands of 60,190,000. Schedule B contained the rent of lands in respect to occupation by the occupying tenants. The amount of income on which the rate was assessed was 38,296,001. Schedule € contained the income derived from public funds and similar securities. The amount was 39,000,000 Schedale D contained the profits of trades and professions, The amount was 33 310,000. Schedule E the income of public ollicers, amounting to 11,744.0001. Itakeschedule A first. As I said before, the agsesament upon the rent of land was 39,400 000! Now I cannot doubt that the return of peace and the ces- sation of war prices must have had a consi lerable effect reducing the rentofland. It may be said,’you must € into account whatever effect was produced upen the rental of land by the restoration of peace ; and I have no doubt that for a consi le period the rental of and fall far short of the rental in the year 1914; but still, when | look at th epicgress which agricultural improve- ment has made, and when I consider the effect of the ap plication of sci nce to the culture of the land, | cannot but entertain an opinion that the present rental of land must be equalte the rental in the year 1814. And, npon the whole,it not peing difficult to freme an estimate rest- ingupona broad and staisfactory basis, 1 will assume t' e rental of land at present to be equal to what it was in 1614. 400,001. The rent of houses in 1814 000L.; ‘and acting in concurrence with what Appears to be the general opinion of the house, that it is right I should enter into this lement, | will give my calculations in respect to this subject, in the case of ell tenants deriving profits of less than 1501 per annum. Oa that account! must makea further reduction, so that up- on the wholeIcannotcalculate upon a greater amount of duty than 150,001. from the occupying tenants. See what the eff. ct of this will be; that, as I calculate the [net atone halt of the rent, the tenant who possesses jess than 3001. will be exempted altogether, unless in the casevf those who may have ether resources. I now come, sir, to schedule ©, which comprises the income derivable from the public funds and public securities. The amount of capital assess under this head in the year 1814 was 30,000,000]. per annum; the smount of di- yidends received and interest from the public funds for 1841 amountfito 29,400,000]. I cannot think there will be a question but that I onght to deduct also the amount of duty which weuld appear to be paya- ble en j ayments made on account of the savings? banks. I must, therefore, make a deduction of £1,000,000 again, this not being a source of income assessable to a proper: ty tax, thus leaving the amount assessable at £28 400,000. To that I must and the dividends on bank stock, upon Tadia stock, ana dividends upon foreign stock payable in this country ; and the tax upon these I estimate at £1,- 600,000, making a total amount of very nearly 130,000,000 he amount receivable in 1812. But, then again | e to apply a deduction in the exemption of persons having incomes of less than 1140 p-r annum. I deduct one- fourth on that account, und then the estimated produce of the tax derivable from the a funds will be 1646,- 000. Sir, thesckedule D, inthe year 1914, contains the income of profits of trades and professions ; and here there isa great difficulty in fixing any estimate, so show accurately the amount which muy be from this source. | find that the total amount of imports and exports in the year 1814, as compared with the total exports and imports in 1840, was in the ratio of 86 to 132 ; but I Gnd that the declared valae of exports bears merely the ratio of 45 to 51; but,en the other hand, | find that the British shipping employed in 1814 f whilst,it Indl, it was 3292, 1 mast form sonse eat mate only, but still [ eannot think the profits from tredes end professions, in the present. year, can fall short of 16,000,600. I deduct jonefeurth on account of exempted incomes, end the pro- duce on which I calculate is 41,225,000. Sched- income of all ‘public offi Inthe year IS41, the inceme of all public officers ed to the sum of /11,744000. On account of great ve subsequently taken ph t redaction mus of public officers, think I cannot estimate it at more than 17,000,000, instead of 111,744,000. Imust again deduct one fourth on ac- count of persons as before stated, exempted frem the ope- ration of this tax, leaving the assessment at 15,250,000; and the produce of the tax will then be 1155,000. I there fore recapitulate the whole estimated amount of reve- nue on which I calculate as follows :— From a duty of 3 per cent on property under Sehedule A, Icatculate upon a revenue of 11 Schedule B....... . oe ule E_ comprises the cers. Schedule E. Making a total aggregate estimate of receipt of 13,771,000 (Hear, hear.) [ will now state what are the views of her majesty ’s government with respect to the dara'ion of this impost, ifthe propesition should meet with the sanc. tion of the honse. Sir, { trust that parliament will con. firm this proposition, in order to give usa fair opportuni ty to carry out our expariment. (Hear, hear.) I do trust that parliament will not be unwilling in case of ne- to continue the duration of this tax to a period of five years. (Hear, hear.) But still there may by theré has been before, and of which I do not. despair, those revivals of commereial proaperity, coupled with the measures which I am about to propose, that may make parliament naturally anxious to have the opportu- nity of reconsidering the subject at an earlier period than that which I have named ;—they may wish to have the opportunity, 1 say,to watch the operation ofthe tax at an earlier period than five years. And although I con- template that, for the sake of upholding the pubic in- terests ofthis empire, this house would not hesitate to extend (he operation of this system to a period of five years, et 1 ink it better to lsat its duration to three ears, in order to give to parliament an opportunity to Zinction the experiment "at. the end of that period — Sir { propoze to name the 10th of October next as the day on which the first helf-year’s revenue from these sources shall be derivable. Io case of war the right hon. bart. said he should deem it reasonable that Ireland should bear her proportion to thetax; but during limited period, end in the absence of a Ireland for collection, he should prefer to of that country by other means. He thought hecould do so consistently with the act of union by two modes, the first of which would be a duty of 1s per gallon on spirits. The equilization of the spirit dnty in the three kingdoms would, on certain fiscal grounds, (which he explained) be of great advantage to the nation at large, andto Ire- land fa particular. For a long time the temperance pledge in that country had been very effectnal; but the consumption of spirits had of late been ogain upon the increase. He» calculated from this source to receive £20,000. The other source to which he looked in I land was the stamp duty, from which he expected to ceive £160,000, In Great well asin Irelan’. he proporedto reduce the # upon Charter parties and bills of lading; itwas his wish, indeed, to effect the ener ration of stampa throughout the kingdom. ith respect toregular abeontees from ireland, having no callof public duty to fix them in England, he proposed to — from them the payment of the same property tax which would be require irom other residents in this island. Sir Robert then continued—BSir, there i# one other tax which I propose toimpose, At present there is posed by law of 4s per ton on coal exported in foreign At the time the duty was imposed the po- licy of the law was ofcourse the increase of the revenue, but there is no duty required on coal exported in British ships. Now, the obligation of the reciprocity treaties been to exempt foreign ships from the payment of the duty which it was intended to levy on the export of eoal; but I must say that I cannot conceive any more legiti mate object en which to impose a reasopable and just duty than on coal exported. (Cheers.] [fon an article produced in this couatry, the element of manufacture neeessary for manutectures, and contributing by i exportation to increase the competition of fi factures with our own—[cheers)—i! we can raise a rea sonable amount ef duty by a tax on British coal exported to foreign countries, I think it will be perfectly legiti- mate todoso. (Cheers.] Sir, think it. consider the rapid increuse in'the quantity of coal ex- ported. In 1831, the quantity of coal exro:t-d amounted to 356.000tons, and the duty received was £50,000. In 1833, the quantity exported was 445.000 tons, the duty £ In 1839, the quantity exported was no less than 000 tons, and in 1840 1,307,000 tons; bu! insteed of ge income of £64,000, as in 1933, the toral amount of duty was only £6,900. [Hear, hear.) Now I do not propose to increase the duty onthe export of coal, but I do propose that the duty which it was intended to levy ‘on coal exported in foreign ships should be really levied —that a duty of 4s. per ton, the original amount of duty, should be levied on the export, whether in British ships, by imposing the duty on British ships, and thus depriv- ing foreign ships under the reciproe system fiomeva ding the duty. (Hear, hear.] If a duty of 4s. per ton should continue to be paidon theaame number of tons, I should secure an income from this perfectly legitimate source of 200,600, not inconsiderable increase of reve- nue, and, operatii xes do, to the encour agement of ni justry. [Cheers] Now, sir, ha ing stated tothe house all the taxes I mean to impose, perhaps it beconvenient that [ should shortly re- view the total amouut. Of course! am speaking for ths ear ending 6th April, 1843, a8 I propose that the new ines should at from the 6th April, 1842, There is only ene exception Imust make, which 18 on spirits, for ifthe house agree to my proposition with respect to spirits, in order to prevent the evasion of the tax [ must propose to you to impose .t at the earliest possible period. 1 calculate to re- ceive fromthe income tax of 7d in the pound,or £2 18s 41 per cent, (in round numbers). the sum of £3.700, 000; from the stamp duty in Ireland I calculate to recei: £160,000; from spirits £250,000; from the export ot ce: 2y0,000—making a total amount of revenue receivable from new imposts of 14,280000. (Hear, hear.) Then if I deduct from this sum the estimated deficiency for which I must provide by actual votes of 1.2,670,000, there will be lefca surplus of 11,880,000. Butthe house must remember that deficiency arises on the votes for the year, andthat I have to add to it the excess of ex- penditure on the Chinese expedition—which I cannut estimate at less than 1,800,000; but I shall not have to rovide for that. Whatever measures the provision for nia may require us to adopt during the present year wil! alsooperate asa reduction from that estimate, but for the present, with these reserves and exceptions, 1 compute on excess of 11,800,000, alter deducting the ex- cess of expenditure, jon account of actual votes. The a duty surplus, Sir Robert said, he proposed to apply in re- laxing the commercial taridf He had considered, on each of the numerous articles included, the }roportion b tween the price and the duty. His main principles hud been removal of prohibition and re. duction in the duties upon raw materials. He would also considerably diminish the duties upon articles par tially manufactured; and even upon complete manufae- tures he contemplated that the maximum should not in general exceed 20 percent. He would forthwith lay upon the table this amended scale of duties, which had been distributed into 20 different heads, and on Monday the paper would be ready for distribution. It would be found that in about 750 articles there had been an abate- ment of duty recommended, and that on about 450 the duty h.d been left u.touched. Treaties were uow pend- ing with various nations, in which several of these ar- ticles were the subjects of discussion, and such articles, of course, could not be included in the present reduc tions. The total diminution of revenue occasioned by all the reductions would prebably not be more than about ).27,000. Sir Rubert then said, Ino dress my- self tothe reduction of duties on great articles of con- umption, the chief of which in coloniel and foreign pro- duce independently of brandy and wines—are three, anely sugar, coffe-, and timber. With respect to sugar, 1 wish it were in my power to state that it was within the means of the nation, or consistent with what her Ma- jesty’s government deems the bounds of prudenee, for me to propose any alteration in the duties on foreign sugars. I cannot say that if we were in no way embar. rassed with questions incidental to, and springing direct: ly out ef, that consideration, great ameliorations and ed- vantages would not resu/t,not from the alterations which the right hon. geatleman opposite (Mr. F. Barizg) hid proposed to make in the mode of levying the duty on su- gars, as well as ia the amount of those duties, but from a reduction in the duty on sugarsthe produce ofthe Brit ish colonis] possessions; a reduction, moreover, which wou!d admit of those sugars svsteinirg a fair and con- sent competition with sugars the growth of foreign pos- ssions. But cannot consent; nor can those who are sociated with me in the conduct of the government, to permit of any accessbeing afforded to the sugars of the Brazils and of Cuba,as well as of other countri out making some effort for the purpose of putting am end tothe practice of slavery in those countries. (Hear, hear.] And in considering this question, it has occurred to me toconsider whether it is politic in usto advise the House to assent to a reduction of duty on the produce of British colonial sugars, without Prope’ jing also that a correspouding reduction be made ia the sugars which come from foreign posse: nd I doubt very much whether it would be§advisible to take guch a step, If, indeed, there were a free competition in the merket then I have nohesitation in saying that I believe such a course would be greatly tothe advantage of the West India proprietor, who would be encouraged in tho roduction of his sugars by a reduction of the duty ; fut #0 long os there exists what cannot but be regarded onopoly ofthe sugar grown by the West India and h pessessions, within the limits of the comp: y meen the Mauritius and British [ndia—so Jong I am afraid that no remission of duty which Icould propose in favor of British colonial sugars would even if agreed to, prove beneficial to the consumer, whilst it would greatly injure the West India proprietors. There- fore whilst I admit that I am not prepared, ifcircumstan- ces were favorable, to assert that a remission of a portion of the duty on foreignor on British grown sugars would not be advantageous to the country and to the British plant I must at the same time say that | do not diffe: the slig ntest degree from the opinions which I stated last year with reference to this subject. There are, however, dome consolations to be observed with respect tothe sugar trade whieh lead mae to hope for an amelioration in the fu- ture. In the year 1840 a material increase will be observe! to have taken place in the consumption of British colopial sugars. The supply has proved to be largerthan had been prev ously calculated pimy and according to the figures which I have been able to procure of its amount, I can state in round wumbers the quantity consumed in 1840, that is to say, in the year ending the Sth of April, 1941, it was, 4,035,000 cwt., while in the yearending the oth of April, 1842, the quantity consumed is estimated 4 933,000 cwt., and this increase greater if | carry my statement into the Mew yy ling ; for I find that the quantity of sugar consumed in the year 1839 waa only 3,894,000 cwt. The duty also which has been paid upon sugar in the same pericd has shown a corresponding in- crease ; for the gross amount levied in the year 1840, endingthe S:h April, 1941, was 4 465,0001., stating it in round numbers; whilst in the year ending the dth April 1842, the estimated amout of duty was 5,122,004. (Hear, hear) So that, evem without having had recourse to the admission of foreign sugars, there has been an increase in the amount of duty derived from the consumption of calcula- British produce almost equal to that which w: ted upon in the e1 ates ofthe right hen. gen: site, from the increased consumption of sug: ioe from the lowering oftheduty. There has,1 py to s'a‘e, been reat increase in the sugar produced in the East Indies and the Mauritus ;— so that the total amount of imports of this ne- cessary ef life during the last year exceeds that of any preceding year on record. {Hear, hear.) The estimates of the probable supply which has been calcu lated upon for the mext year are alse, as far as I can learn of the most favorable nature ; so that altogether the it supply for the consumption of cing afforded by our own possessions are tory. As far aslcan see, also, the stock of are quite sufficient to guarantee the country against any sudden dearth of this article, for,on the 6ch of March, the quant. of British plantation, Mauritius and East India sgars in the storehous London, was 410 000 cwt ; and at the ou:ports th wes 490,000 (query 180,000) making together a totai of 590,00) (query 890,000) cwt. In 1843 the amount of the crop was estimated at 2 400,000 cwt. in the West In- dia eolon: #t 800,000 cwt.in the Mauritius, and atl. 700,000 cwt. in the Fast Indies, making together, with the stock of 599,000 cwt. already in hand in London, and the outports, the total amount of 5 499.000 cwt., which, when compared with the consumption of the last year, of 4640,000 cwt, will leave a surplus in hand above the probable consumption of some where about 1,200,000 cwt. Ido not wish to be understood this is a conclusive argument against the admission ct foreig« sugar for consumption into this country, even if that question were not embarrassed by the present state of the slave colonies; bet it would be a most pain- fal circumstance of her Majesty's government, enter- ining the opinions which | and mycolleague year on this suject, were to see our to resort to the admission of foreign su; able the proper supply to be afforded ‘There ere numer. ous intricate questions involved in the negocistions which are now on foot with foreiga countries astothe abolitien of slavery, and that there ara various plans in agitation for fits gradual abolition, upon the success of which the noble lord had calculated in his proposal of last year; but in my opinion there would rest a very serious imputation on the honor and good faith of ngland to the reality of the efforts she professes to make for the abolition of slavery abroad, which e disinclined me to incur the risk of encourageing the continuance of very, and of reviving the horrors of the slave trade,by admitting any portion of foreign slave grown sugars to consumption in this country. (Hear, hear.) These were the grounds upon which 1 based my epinions last year, and these are now the reatons why her Majesty's government is unwilling to disturb the present arrai ments in the article of sugar. The other two articles to which I have already referred as being objects of al- most universal consumption and utility are coffee and timber, and I hope that on this head what I have te offer will prove to be more acceptable to the house and the country than I fear our determination ae to sugar will probably prove. With respect to coffee, 1am sorry to find ‘on looking at the returns, that whilst the consumption of sugar habe n very much increased, that of coffee hai been somewhat reduced. In the year ending April6: 1849, the amount consumed was 2,578,000 ¢ whilst the year ending April 5, 1841, the amount consumed was only 2.842.100 cwt. The grose amount of duty paid in the same years was, in 1840, L922,000 ; and in 1841. L990,- Is it is scarcely nmeressary to remind the house that there exists a cont erties sapeehar “orheped levied on the coffee produced in the West ind Selestontn the Mauritius, tnd the East In. the } per Ib lev el; on h West India coffee 64 per Ib ; and on coffee coming from all countries withio the limits of the East India Company's charter there is a duty of 94 per Ib levied The effect of this di ce in the duty is to exempt a tion of the foreign grown coffee which is con- jn this country, frem the Is 34 duty, and to admit it at the middie rate of 94, for:n order vo a» rate it was at present sent from the Brazile and {rem Hayti to the Cape of Good Hope, which being within the limits of the East India Company's charter enabled it to be entered at the Custom House in England as coffee coming within the description entitled to be admitted ‘at the duty of 91, and the effect of this is to bring the coifee grown at the Brazils and Hayti into consumption at the relative price of 10d to 64 a8 compored with British plantation, the additional 1d being the amount ef freight per 1h, which the trans mission of the coffee to the Cape added te the other If, therefore, the Government is prepared to rer duty upon any article of general consumption, it is, in my epinion, better te make such a remission as will efford a sensible relief to the consumers, instead of spreading the reduetion over a number of different ar- ticles, and thereby making it so insignificant upon each separate one as to afford no benefit to the consumer, but to the retail dealer only, and it is, therefore, my inten- tion to propose to the house the alteration ofthe present imports into two simple duties, in order to get rid of the absurdity of compelling a corgo of cotfve to make a voy uge from the Brazils to the Cape for the mere purpose of getting over what may be considered teennicul dif ficulty. It is my intention, therefore, to propese that the duty be placed upon ceffee hereafter upon the simple and intelli! le basis, 80 as to enable the consumer to benefit to the fullextent by the reduction which I have thought it advisable tosuggest. The duty upon British coffe whether grown in the East or West Indies or tae Maurie tius, will hereafter bedd per 1b., andon all other cof. fees Sd per pound. I bave estimated according o my calculation, the loss to the revenue hy this recuc- tion—taking the amount of duty paid in British plan tion in 1841 to be 463,000/, and in foreign coffee in the same period atthe duties 1s 3d and 94, 427 000/, making logether 890,0001—will not exceed 237,000! ‘Ido not enter into the ment of figures by which my calcul; tion would be vindicated, but | state that this is the es: mated loss which the revenue will suat: pposing the consumption remains to be expected, the quantity ofc: sd by the reduction ef duty only 10 per ont above its present amount, the loss will be 171,000; by adding this loss to that whieh I have already estimated will be incurred by the reduction of the duty on articles consumed in manufactures—namely, the sum of 270.0001, it will show a total decrease of 441 0001 to the revenue in ies of life. Inow come to the third article mentioned, and which is one ef great im- nsumption entering very largely into all f commerce, manufactures, agriculture, nd household necessaries. I have now toconsijer how Tcan apply the surplus revenue which will still remain, £0 as to make the greatest possible reduction with the ut. mst possible benefit to the consumer. In determining what shall in future be the amount of duty upon timber, we have been greatly embarrassed vy the position of our Canadian colonies, which is such as not to render it ex- pedient to interfere materially with their interests or their commerce. Tae duty at present levied on all sc- lid timber coming from foreign countries is 58 per load of 50 cubic feet. There is another way of estimating and of levying the duty on foreign timber, which is ex- tremely complicated and embarrassing in the manner of calculating it, but taking the average duty paid upon solid foreign timber and upon sawn timber, it may be es- timated at 43 = load of 90 cubic feet. The duty upon Canadian timber is 103 per load of 50 cubic feet, and, upon an average, from 8s to9s per load on deals aud other sawn wood. Itappcarste me that if we make any re- duction in the duty on timber, it ought to be made in such a manneras to confer the utmost p sible benefit on the consumer, and also we ought to take inte our most serious con:ider ation the situation of this,branch ef com- merce in our Canadi:n colonies, so as not to affect their interests by any sudden alteration 11 the present duty. It appears to me there is a move of doing this, if thehouse would give its consent to a considerable lo 8 of reve- nue, by which means all the evils to be apprehended by the Canadas would be obviated 1 propose to proceed on a totally different plen from that proposed by the lite government, and considering the great importance to ourcommercial and agricuitural interests, and, above all,to the shipbuildersof this country, of enebliog them toobtain the besttimber at a moderate price, I s\ail Propose to y the reduction of the existing «uty, which I have already stated is upon an everage dls per lead, to an extent which will confer a real and sensible benefit on the classes of ccmiumecs tow! omI have ne ferred. I shall propose, therefir-,with tiecon urrence of the house, that the duty for the present yea, that ie to say, for the yesrending the 5°h of April, 1843, upon solid timber shall be 303 per load, :n1’upon'd-als and other sawn wood 35s per load; but i: is also my intention to “y pose thata total charge be mede io the present mode of levying the duty on sawn timber, and thét, instead, as st present, of estimaticg its amount i ns ef the dealsto be levied jure, £0 that all foreign ber shall in future be placed v on the same 0:10 g, Which, in my opinion, 18 the on y t ue way of dealing with this cssentia' article of use. We o ight tobe pecubarly cautious how we male iny . naciment which may be + firiousto Canada. lt is part of my proj ct toconfer upon those colonics a benefit by a reduce tion of the duties upon the dosnt of their staple articls into the mother country, wh. lst, at the same t me, it will benefitthe consumer at home, who will purehase such articles at a low price heresfter. Great com lai from time to time of the protection given to the Canadas by the high duties upon fercign timber, That duty had been fixed at 25s, with 44s., upon cut deal timber per load. Ishell propose that that daty | reducedto 30s. Fowl load, mei ing by ats cubical c>: tents, and that te duty on laths should notexceed 20+. perload. (Hear.] If you censent to make that reduc- tion of duties on foreign timber imported, it will become immediately your duty to consider the relation, in this reapectin which woshallstandto Canata {Hear} In jing upon the situation in whih we should then be placed to that country,! think it desirable to act upon the principle often that is, to treat her n integral part of the empire. id the hei to 90s.. you shall admit those of ‘Canada at almost a nominal duty. [Loud cheers.) Strictly preserv ng refe- tive justice to the foreigner and these colenists, you are required to render those duties almost nominal in their amount. I therefore propose that our Caradian timber shall be admitted at 1s. per load cubical contents. deals at 2s., and laths at 3s. (Loud cheers.)This you will easily perceive, cannot be accomplished without en- tailing on usa great loss of revenue. As a matter of general concession I can hardly conceive any thing can be more acceptable or bereficial to manufacturers ¢' this reduction of the di pom timber. The total amount of the duties thus remitted will make a deficit on that head of revenue not less,than 60,0001 a year, There are two clases of duties—and two more only—upon which I shall propose to effect a considerable reduction, and they are duties almost universally admitted to prese severely on ourtrade, ‘There ere certain duties charged upon the exportetion of articles of our own manufacture amounting to about 180,000] per annum. The amount of duties thus remitted will prove to be in the result nearly about as follows: Upon woollen good: 30,000 1 Upen woolen yarn. 4900 Upon silk. . 4 Upon iron goo 24,500 On other article 9,000 Upon earthenware and glass... 2400 Upon articles ef provision. . 5,300 Forming a total of..... . .91,50001 which being added to somewhere about £20'000 amount of duties upon miscellancous articles of a similar dis- crigtion, of our ewn manufecture, and which I will not te—[heat]—the whole would exceed, in round , £100,000 remitted ; ond, confining myself to the loss which the revenue will thereby sustain, 1 think it may be taken to amount to £103,000 per annum. These duties are in themselves unjust, und | think im. Considering the peculiar difficulties with which the coach proprietors have had to meet in the way of their business, in consequence of the great competition experienced on the railways, I feel the rave of duties is aayudt, and presses as a incumbrance upon the revenue inatead of profiting it to the extent it should. At present the rate of duty which the reilways paidto the state did not exceed one-eigth of a penny duty per mile. the present Ide notjpropos: that in this in chan hall take place in tne rate of duty rail road proprietors, though | will say if they pared with thos masters, the latter ore very much too high. Those ‘which carry six passengers py a penny per mile; those carry ten three-half pence; those carrying thirteen two pence, and these sixteea three pence permile. The sum I propose to raising from 58, which is too high, to 38. As far as they are affected by the duties assessable under the assessed toxes for coac men and guards, which under the bill regulating rail- roads were net ble, I sholl propose that the coach proprietors be exempt altogether. (Loud chi ete in respect to the mileage, 1e by all such coaches shall be averaged at three ha pence. The whole of the loss upon the assessment will thus be 61,0001., a loss which, I think, upon the ground of justice, is pericctly justifiable, and upon that ground I i te the proposed reduction of the duties payable irs of job coaches, which may be taken to be about 9 000/ a year more, forming atotal of 70,0001. mak- ing a total loss, including the deficiency of 2,000 0001., of 3,730,000, By the new taxes he calculated he should have 5,900,000, so that after deducting th ould still have a surplus of 52,0001 to meet thefincreased esti. mate which would be necessary, from the s fairs are com ea of duty paid by the conch- in J nd China, The right’ hon. baronet, having ated the whole of his plan, and enforced it by powerful arguments, resumed his seat amidat general cheering from both sides of the house. Lord J. Russext complimented the right hon, bart.on the great ability which distinguished his statement. It had, whether correct or otherwise, the characteristics great measure worthy of a great nation like this. It was not a paltry, quibbling measure of detail, and he thould ure hie bert ability in forming an opinion as to whether it wae calculated to be the most useful to the ae ‘ i Mr. O'Connext approved of the taxon Irish spirits. Lord Howick thought the question of much toe great importance to express an immediate opinion upon it. ir. Waxier, while h ve credit to the right hon. bart.forthe ability of his statement, yet felt cenfident that the public would not receive with satisfaction atax on income, though quite prepared for a tax on property. He thought the ri; ee Nie feronet might with great ad- vantage, have applied his sliding scale and propertioned themafie'ot the tax amount cf the income to be a ed. x After some observations from Mr. F. Banina as tothe danger of attempt! ng to impose a war tax in time of peace] snd from Mr} |. Hixoe and other hon. members, the rerolutio: roporel by Sir R. Peel were agreed to, and the house Yommaed. ss ei: The New Tariff, (Corrected from the Times.) RESOLUTIONS ON CUSTOMS DUTIES TO NK PROPOSED BY ‘Sin Rorent Pret. We have been favored with a copy of the proposed scale of duties,from which we make the following ex- tracts. The late hour last nighs at yoy incre were this important document precludes us fro more compite summor: a The eutjoined state: mnt, however, of some of the proposed changes com- prised an the first resolution will be found interesting to our commercial readers :— Horned Cattle,—At present duty is for oxen, cows, and cal hibited.—The pro es from foreign countries a a SST RR ae RMN a Te wn EN SRD gs eT ce NTN PPE OORT i sot 10s, respectively ; trum Buatish possessions, 10s, is, -_ ‘Horses.—The present duty of 208, in respect ‘of those imported from Britich, poneee poener, 1—The present duty of 9 —. materialis reduc’ d, upon British produce ogy Kila dried Fishof ull kinds from British posse, mitted duty free ; those from foreign inuch reduced sede, Fruit.—Upon all raw produce not speci upon British produce only, to be redu pci to24. Upon enumerated articles the duty ta to ke gon rally reduced, British produce being faver Lae peo de levied, : is edto hail the Licorice—The duty on the juice to be reduced £ 16s to 208 on foreign produce, and 10s on that of Brnice possessions. Oil Seed Cakes.—The duty of 2d is to be increased to 6d on foreign, $100 British imports Butter. —The present duty 01 20s is to be reduced te sa on British imports only. Cheese.—The duty of 108 to be reduced on British im- ly to 28 6d only. The duties on British produce mest cases, reduced 50 per cent. Clover Sced—The present duty of 20s.to be reduced to 10s. on foreign produce, and 5%, on that of Britisa pos sessions. Oa all other seed a reduction of 50 per cent in favor of British as compared with foregn produce, Madder—The present duty 0: 2s.reduced 60 per cent on British produce only. Skins—The present duty on squirrel skins of Lis. 61. reduced to 58, on foreign, 2s 6d. ou British produce. countries upon a @ to be, in Hides, wet—The present duty of 2s. 4d. reduced to le. on foreign, 6d. on British smports. Hides, dry—The present duty of 43.84. reduced to 2s. on pote eh ehh , a colonial. ves—The duties oi 44., 8. and 78. have been respec- tively reduced to 2s , 2s. 6.1 and 5s upon foreigasls, Ie 34, and 28 64 »pen British imports. : Ores, Minerals, and Metals—A. general reduction of du- ye Olives—The present duty of £4 4s reduced to 403 foreign, and 20s upon British produce. ia Bark (for the use of taaners)—The present duly of 8d bg tet OS and = om British produce. igo— ent duty uf bata Produc oi 'y of 4d reduced one half upon Sitk a inufactures of Sitk—The duty has been ge- nerally reduced 6 per cent in favor of British impor, ‘Upon foreign manufactured silks nu material chi nge. Tar—Tho present duty of 154 has been reduced to 63 upon foreign, and 88 upon British produce, Nagao She pre: ag duties of 45 44, 6841 and £1 6s 2d, have been reduced generally to i and @a upon British produce.” “” | “poe foreign Bristles—The present duty of 34d is reduced to 3don foreign, and 1}d on British proiuce. Cork—The present duty of 8) is reduced to 2; on fo reign, and 1s on British produce. Straw Plat—The present daty of 178 is reduced to 5s upon foreign, and 2s 6d on Britisb import WTallow. present duty of 3s 2418 reduced to 64, and that of 18 on the produce of British possessions to 3d. Duty. Timber—Canada timber, seth Foreign, oe Deals (cubicaljcontents,) 358 Lathw 208 For the year ending the 5h of April, 1s44— Foreign timber, 53 Deals, 308 Lathwood, 308 Coffee—The present duty of 1s 3.1 is to be reduced upon all foreign coffee to81, and upon all the growth of Bri tish possessions to4d. ‘Mahogany—The present duty of 30: imported from the Bay of Honduras or the Mosquito Shore, as also that of £4 upon the growth of British pos- sessions, is to beredueed to 10s; while the duty of £5 up- on that otherwise imported is reduced te 80s upon foreign and 103 on British produce. jeconp ResoLuTion. Resolved, That in lien of all duties of customs paya- ble on goods, wares and merchandi‘e exported from ‘the: er ton upon that united kingdom to foreign ports, there shall be levied the following duties eut wards, viz : £ed. C riba cwt. 01 Goal exported to any plece, not being a British possession, ia any snip, the ton, Ores, for every £100 of their value, 5 per cent. Wools and silks, the cwt. 0 Manufactures, or Pretended manufactures, slightly wrought up, so that the same may be reduced to, and made use of as wool ain, mattressesor beds stuffed with comb- brs wool, or wool fit for combing or cardi ecw. 050 Tuirp Resoivtion. That the duties imposed in the foregoing schedule on articles other than spirits and timber shall be eae: tively subject to the charge of five per cent imposed by an act passed in the 3d year of her present Majesty, cap. ‘and the duties imposed in the foregoing schedules on its shall be subject tothe additional ratedc! a ge laid on spirits by the said act, and the duties imposed in the feregoing schedules on timber to the additional charge imposed by the act 3 and 4 Victoria, cap. 19. Tae Recest Arras in Inp1a.—Official dere atches were received at the board of Control om ‘hursday morning from Bombay and Calcutt: We regret to state that tl fully confirm the melancholy news which we published on the pre- vious day relating to the destruction of the army in Afighanistan. e accounts which have appeared of the dreadful catastrophe, we understand are rather under than over-rated. The army in Jelia- labad, when the last accounts were sent off, re- mained secure, and hopes were entertained that they would be able to maintain their position until such timeas reinforcemen:s could be sent to their assistance.—London Standard. Esucration to Amenics.—The New York line of packet ship Gladiator carries wut 150 passengers in the steerage, who intend to settle in various parts, of the United States and Canada, and 20 cabin pas- sengers. The pereengers in the steerage are prin- cipally agriculturists from the home counties; the cabin [oor p a are chiefly merchants and othere upon business. The Mediator will take out 250 emigrants to New York. Tue Late Masor-Gexerat Evrrunsrone, C. B. —This vents and lamented cfficer, whose unex- pected demise is confirmed by the overland mail, was the second son of the late Hon William Fuller- ton Elphinstone, and grandson of Charles Tenth ‘i ‘on Elphinstone, and cousin to the present peer. le distinguished himself at Waterloo, and in many of the Peninsular engagements, and his commission as Major-General was dated 10:h of January, 1897. He was on the eve of resigning his command and returning home, having been succeeded by Major General Grey. General flphiostone was in his 60th year.—Globe. Cavanacn, The Fasting Man.—At the Queen square Police-office, London, on Thursday, Bernard Cavanagh, the maa who has obtained such noto- riety from his pretended power «f abstinence, and who has recently been released by the Court of Queen’s Bench frem custody at Reading Gaol, has been committed for one month to hard labor in the House of Correction for begging. It is expeeted there will be three launches of ves- sels this season on the Thames—the Woreester, 50 guns, building at Deptford; Chichester, 50 guas, building at Woolwich; and another smaller vessel at the latter dockyard. g Mvstcat axp Dramatic Crrr Cnar.—Her Ma- jesty and Prince Albert honored Covent Garden ‘Theatre with their presenve on Wednesday evening, March 10, to see Mr. Jerrold’s new comedy o} “* Bubbles of the Day,” and the maeque of “Comus.”” Her Mojesty arrived at the end of the third act of the comedy. Prince Albert came in at the beginn of the filth act, having accompanied the Duke of Cambridge to the Ancient Concerts. The Queen, during the performance, eat behind the ample crim- son curtain of the royal box, and the audience did not, by any mark of recognition, disturb her ma- jesty’s privacy. The prince sat by the side of hig illustrious consort, and was also invisible to the ma- jority of the audience. Her majesty rem i the conclusion of the performunces. TI was well attended. Oa Monday, Mr and Mrs. Wood, with Mr. Shrival, pe r for the first time at the Sheffield Theatre. On Tuesday and following nighte, Mr. Vandenhoff, with his daughter and son Henry, play at the same place. i The new operetta, underlined in the Drury Lane Theatre bills, entitled ** The S:udents of Bonn,” is from the pen of Mr. George Rodwell, whe has also com, the music for it. The piece 1s, we are jiven to understand, a translation, but the music is the original effort of hat popular composer ; and the opinions expreesed in the green-room are favorable to ils success. The Duke of Cambridge and the Dachess of Glou- cester signified their intention of being present at the Penge of “Israel in Egypt,” at Exeter Hall yesterday evening. At the Philharmonic Society’e concerts, in Lon- don, three new symphonies are to be brought out; one by Spohr, another by Mendelssohn, who, it is said, will conduct its performance in person, and a third by Molique, the great violinist. Mr. and Mrs. Charles Kean concluded a brief en- gagement in Glasgow, on Friday week, when the receipts for the five mights amounted to mo lees a sum than £978. This enormous receipt gives the best proof there is yet in the manufacturing districts both money clination to eupport the drama, when attraction is offered. Mr. amd Mrs. Kean are now at Edinbargh. ) an Celeste was playing with great eclat in Liver- pool. France, The French mail of March 12 has been received. The papers contain no intelligence of any moment beyond the following paragraphs which we ex. (ite Commerce” gives the following extract the “Journal de Smyrne’’ of the 16th of February :— * « The steamer which arrived on Sati from Trebisonde, brings information of an extemsive fire lace on the evening of the 4th instant. It raged the whole of the night, and destroyed 500 shops, about ten houses, and a kban, but the greater rt of the property contained in them was saved. e three deputies of the Greck, Armenian, and Armenian-Catholic population of Pera, who were appointed to make the distribution of the ground Poon in the way r of te nt etoles by re, have just bern arrested and im ona of aed in the exercise of their fui .”" ing paragraphs concerning the Frenc! embassy at Madrid are quoted by ‘Le Constitu- ‘ee AR A