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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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member of the ' State , whereas , the Reform Cliab is only a private association , and the Minbtera irJbo sat there were members or guests Ql f tliatp 3 || ya association . Nevertheless , the K ^ fij ^ ^ t ? Iu ^ -filr though not what it once was / do ^ . TejMri ^ nt ^ -a . large portion of the Liberal party ; ah ^ on ^|!^^ m it might hare been supposed tie i ^ nch ' ealSp ^ oic Peace men would hold a neater away Itlati in any otHier class ; . y « t nothing ^ poi ^^| ' ^" mQt ^ ,, hearty , ox almost exulting , thin '¦ ffie sen ^ ienll displayed . To ttphol ^ ^ ttr ^^ agw ^^^ S | g gxession , to unite conlially wi € h ! Pranc « i « na ' bring Russia sternly to account , were evidently ^ t £ e desires of © very man at the table . f an ^ M % pttpi |» e ^ that the same , nulnber of Engl ^ hniteiL c < yjaK 0 c <^^ P be collected without tie vast maianfrTaiaiiirauEilr ., / ¦ - ^ ' w *^ ,- J" : ™ Wfplp % i ; & 5 r " the same sentiments . From the remackable proceedings of highly respected and influentiat ||^ i in Manchester , it wouldjappear ' as i £ ^\ eye ^ ij ^^ i capital of the so-called Peace party , they dare not hold a public meeting . . ' . ' -. "
From all that copies put we continue - to bafre ^ the highest expectations respecting the efficiency ; j % ^| of our forces , both ashore and afloat , —both ngr $ j ; W& ^ and south . Although the ships and sailors for ^? ' . " ^^ north are new , there is no reason to expect f tbftfc English shipwrights will be shamed , or that Englishmen will not soon shake their elbows , loose in . that craft for which they have a national aptitude ; while the practice wlich Admiral Chads has kept I going , proves that our guns at least will be pointed with efficiency . As for the guns themselves , ' ¦ ¦ whether afloat or asliore , they will do justice to \ English make . It is only an act of equity to ac « ! knowledge the credit due to the late Colonel Colquhoun , R . A ., inputting the carriage department at Woolwich into its present efficient state . Tie batteries intended for Turkey are , we understand , a splendid specimen ; there is nothing for show , but the horses and equipments are in full service trim . Here , too , the choice of officers is such as does credit to Government ; this part of the force is commanded by Colonel Cator , a man of years , bat hale and hearty ; he wears a Waterloo medal , "but ho won it young ; and young in mind and body ho bears it to another field . Lord Csu > digtin , whose repute is tarnished with some scotidais of harsh conduct , is a dashing and efMjyift ^ fej ) , '! " ! cavalry officer , and well selected for the &&vyjm 8 Mn ! mr * ± which a cavalry brigadier is likely to be QmaKH !^ wM ^ Apropos to Ordnance , some question fir&R 4 M&iMB zkj ~* , M the fact that the Master-Goneral of the tWfflpSWHjaaSg is sent 011 foreign service . It is a ^ eat ^ JB 88 ia | HylB ^| ate
the total revenue derivable , of course , principally from Customs and Excise , has increased by mote thin l , 00 a , O 00 i . above the estimates . Since the expenditure has at the same time diminished by more than l , 0 OD , O 0 pZ . as compared with the estimates , the Chancellor of the Exchequer really has a surplus In hand . The preliminary war expenditure amounts to about 5 , 000 , O 0 OZ ., and leaves him with a deficiency of more than 2 , 000 , 000 / ., which will be more than , covered by the new tax .
The balance , however , in . the Exchequer is low , Chiefly because the collection of some taxes is &e ~ , layed by alterations , and even by improvements ; and to meet the immediate want , Mr , Gladstone takes authority to issue 1 , 750 , 000 / . of Exchequerbills beyond the amount already allowedi 6 , 0 OO , 000 Z . For doing this , and for having so low si balance in the Exchequer , he was taken to task by Mr . Disraeli , who endeavoured to make it appear that in attempting to reduce the
interest of Exchequer-bills last session , and in being content with so small a balance in the Exchequer , Mr . Gladstone was trifling with finance , and incurring great risks for want of money . The objector exposed himself to a very damaging retort , which showed , for example , that he mistook the alteration of tae price of Consols , after the payment of dividends , for a " fall" in Consols ! The Chancellor of the Exchequer really has no want of money ; Exchequer-bills , although bearing only
Derby does in " the Una' hours , " and a Select Committee will be appointed to investigate what Mr . French or Mr . Bright intends , when he shouts , "I won ' t go home till morning ? " However , the little scandal is got over for the present by fortunate facts—the cold which prevents Lord John Bussell answering questions ; and Sir James Graham ' s official trip to the fleet at Spithead , —of course with the promised powers in his pocket .
-l y ETHAT did Sir James Graham mean by saying fll- ; that -when Sir Charles Napier should go i ^ the Baltic , he would have that First Lord ' s free and ftill permission to declare war?—that is the questida which stirred the town since he said so at the banquet for . the reform of the Baltic . Mr . FiftfStepheu French ., gaye notice of popping it in Parliament la ^ t night , and Mr . Bright averred that he intended to call the attention of ^ f ^ Ka * Jji&nt to that subject . -What next ? The grand inquest of the nation will be asking what Lord
The Budget proposed in the House of Commons by the Chancellor of the Exchequer , must be reckoned Amongst the proceedings in connexion with the war . It is a war budget . The course of improvements in the raising of taxes from the commerce pf the country is suspended ; and Mr . Iliads tone ' s statement consists entirely in a proof of the benefits that we have derived from the
course of amendments hitherto made , followed by a proposal to raise a special tax for the preliminary expenses of the war , by levying an additional 3 £ d . in the pound upon incomes . This additional tax is to be levied in the first half of tho financial year : in other words , tUe income-tax for that time is to be doubled ; Mr . Gladstone apprising tho House , tbat probably he might apply for more , should more be required later in tho session .
One slight improvement , indeed , he proposes : it is , to diminish the duty on bills of exchange , and to apportion it to tbc amount specified in the bill . It will commence with threepence and fourpenco for long or short dates at the amount of 25 L , and will rise progressively with a varying sonic to 1 500 Qi .
Tho evidence of advantage derived from financial reform is very striking . During the year now closing taxes havo been reduced or remitted to t ho amount of nearly 1 , 500 , 000 / . ; nevertheless ,
3 per cent , interest—considerably below the rate of accommodation in general—are at a premium ; Consols continue about 91 ; ai \ d altogether the credit of Government never stood higher than it does at this moment . If , almost on his own authority , Mr . Gladstone were to ask for any amount of money , he could have it . ] STo real objection was taken to any part of the proposition , and Parliament registered the Ministerial demand with satisfaction . "
The feeling that has now taken possession of the English public continues to show itself in every possible form . It is true that the Lord Mayor has waived the entertainment to Lord Raglan , on the suggestion of Ministers , because , as war has not been formally declared , tho demonstration would wear some aspect of indecorum . A party pnper makes much of this suppresmon of tho banquet , and contrasts it with the banquet given to Sir Charles Napier by members of the Reform Club . London Corporation , however , will not feel that any slight is conveyed to it , by ita being regarded aa a
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¦¦ ' ¦¦ ¦ ¦ "The one Idea which History exhibits aa evermore developing it 3 elf into greater distinctness ia the Idea of Humanity— the noble ferideaydur to throw down ajl the bamera erected between , men by prejudice and one-sided viewa ; and "by « etting aside tie diatinetibm Of Religion , Country , and Cokrux , to treat the-whole Human , race aa one brotherhood , having o-ae great object—the ftee derelooment & pf jmr spiritual nature . ''^ -Humbotifrs Cosmos . . . ^^^ ¦** ¦ ¦ - ¦ - ¦
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NEWS OF THE WtEK- » 4 or gealth of Lonioa 223 X » nc * shire Strikes 551 A Youna Debutant o * - ^ « S 5 ' wwm&& =. * -: B * sa-== 9 M ^ r— ; ^ sSSBSS " : ' 'f ^^^^ WS ^ S ^ ' ^ - Hi PUBLIC AFFAIRS- Summwy 2 S 3 * * £ ¥ * to& ** m *> ^ . ¦¦ - - r B ^ ons ^ JtVI > WB ^ nuBt *» noiis ...... 2 &s ¦ TKe New Gibbon * t * ^ '" * " f « " > " » v >«*«» : » . ' £ , »*» i - - - SSSSSPKSSSnSI ^" - - "' * ^ A 8 ?! SJi ? f p f 4 ?* Sr ^? ' SM BpotojbdwtTurlseyandiBiMsla 234 Births , Marries , andDeaJlks .:. ^ 6 > ^ SS * flwa ^ vOiTttpBoii . ...- 224 The Admiral of tae Baltic a 2 & Books on our Table - ass i . ¦¦ L . ± l * i .- *^/ ' 1 / ^ »> v :. ' ., . T 7 : . „; ,. i | £ pfe ^^ W ...-. .,... 2 * 5 Whit ^ lde ' sMdrtmairt Ojo ^ V ^ S ^ * '"" CQ ^ l | teR « lAC |« FMwtS ^ - * fl | i ^*| W ! ^ " ••• 285 ' The . Masterc ^ fjiBiiaioir ... ; ......,. .... aao ¦ TWBBP ^ . - : ¦ * ¦ ¦ '' ¦¦¦¦ ¦ Va ^^ ffi ^ Sffi ^ asS&a « 4 ft * - * -- " - : ^^ mom ^ p ^ B 0 lp ......... m The Americajgtqowm iu Londca 230 ^ Ofe % Ben » pn . , ... .,,.. MB . « 8 SB 8 Ki ^ S « Sr . Writtl
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Citation
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Leader (1850-1860), March 11, 1854, page unpag., in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2029/page/1/
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