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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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U 0 BSABiSIHB ABKD 'O 0 BJ 33 SSPOSnKB ] KXfi . It is impossible to acknowledge -the mass off 3 atien -w aeflBive . Theirdnaertion-is often delqped , oveing- to a press of matter ; aariHrben omitted it ¦ is freanemfy'trom reafKIHII' flnriilfi ^ yiflppfl n ^ y ^ ynfr gf . iit |^ jnGQCi ^ KOGf ^ 1 ^ 6 CrtnTttlflTlfflfr * t ^ Hlr .. No ^ arotice can be * sken of anonymous ccnununicafcions . "Whatever ia ^ mtenSed for insertion must b « * tsGhei * iatted bj ? £ heiHAme ? aii& address « f the winter ; uot inaoeaearUy *» publication , Dirt as a guarantee of His good Yaith . Wejcannot undertake to rettmrrejeeted communication * . Bin le * tert Tbr tbe EtfitOT ^ horfld ^ ndarewea -to 7 , iVelttn * - rton- ^ sbyeet , Stcaud ^ ILendon . Commnninatioag ^ hoTdd always . he legitflywriifcen , and on one side of the paper only . If long , itancreases-the SQBicmbyot'&ndingtsp&ceiTGt'tYieaa .
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quer-ibills , to -which jnu $ t now be lidded Exchequer-bond * . Bfc ifi jkfid ; -fltide&Ly accuxftto t © - ^ p-fl jfeftifl "ddfefcj" it < e © B * tituiies i&iher * aperies tff coeddt , which lies between debt agi , « dT « M ! % find which ffiur&ishes < fto . i * ¥ fr * M !| 1 w > Jft frfr ? . 'flfrf- "^^) where a , Minister tcaa taks anon ^ when he wants it , without ^ onstaautfor filtering the ecatise Bvatom totf ttts&ta&o . . By tfceib&lp- < rf this aaahnimeiit tbe Ohaogedlor ) of the iEifc : chegguor earn megnlate itis < aiij ) lay * oMwdiz $ g . £ o
j ais nooieflzfltte 3 KiqtfM ? 6 incint . with fti >»« f ^ Ww t ^ « f iudepe ^ €£ ^ t ^ r ( jl ^ jnioius ^ 'ceiE ^ agifito tfc $ ^» ehqf | tter > on aceomat (^ it&u&ionp&ymeiitfi It is iioportaat for the ( pubtie that tfce Chan « ceHorof ( the iEzobequer « h « i ^ d hfi ^ e tkUi rpo «^ tathcsrwase the fcdEttks&or would fo © ¦ obugod ? te exert a . stronger pressure upon tbe tax-payer , and ^ a j ^ onvcnafiBtidegBe ^ of aceiira ^ - would 4 hb xegnix&d Urota . i&anth io ^ urtnstih ^ if not a £ tener , iu adjuAiag ( the taes ^ acco ^ ding i « 3 Ch&tl £ fae Ohaflafiftllftr ^ f i $ t $ ffhattfr fl qi ^ y 'Wrfrnfojj , Short accounts , it is said , make Ions firieadfi .
i > iit ^ rinartmoQouiitci « £ f t&g Jriiid ^ OKkiil gaeisder ! ti 9 b& 0 hmteeliL < m « d £ hlo&lilaxtiw ^ e&M xm ^ pv a « a wttggan urathont 8 priiig 8 ^ m «* oti | g hmQ « L in iGt § ervjh owevter ± 0 flwader the . ag BupflwA tdefat . ufiefial &r j ^ I its pBrpoaes it should be ; iw ^ m&oinittaad , Ct > skof ^ | no ^ 1 to ^ £ BeeBaM » ia- ttsbaes « stf aasey an oxtdfiar iSxeA . At ^ rio ^ i « of gBaJftraanTi y tfctm ^ l ^ iyfftr'ft ^^ f ^ f ii ^ ft c M * X lv * &n@r an&y ie sable i » ( extend it withoJi ^ ^ auddeniy ^ and . nindu ^ y AnTnAwniyg ife © ^ nwsketu - ^ Billa ! . ' tGdadsiJooe esq ^ ained the Biepe w ^ ieh iie iiaa 4 ia&en io «« eeare ifchfit conaojiaiid , juad thesvo ^ ee aB BJhidh had attended these * tep 3- ;
tax upon the worMag maafy—for such is fvny tax ] ato tiiat u ^ a inal ^ which 4 i «» ds toS-« wwe the pcbe of beer— -4 & $ dxink of # i agHo ^ It is « Lther a ^ ^ pn 1 * e i « £ < Jto mfcer , <> r a tait 4 ipoa * V joafe gr < wer « pJ men it is « clasB ttaj ^ , < and j ^^ mpetjtaai ^ iarthttl ; on inoom ^ . JSow ^ 4 q not ^ ay- ih ^ U ike working noa < n % gh& . ^ ffc : ^ O ) 3 > a ^^^ yp ^ dllKQ , > bllt it flight aaot to . Turmflnpft ^ "y ^ f fa ^ y » hare and a tax whiph ial ^^ Bpon . a ia ^ eit ©» « moB £ 8 fc ithe very fewitema ia ii © poor manS
iKmflehoid aceount , m not a Jiation * l impost ^ fe » t . a elBBfl impoafc— -a < tffiK xi | H > n ^ overfcy . / Jjfcen that oaigit tfind i ^ jeitcpise if ( O % ac ttaxoB ha . d pxece ^ d ^ ibut a ^ km ^ we ^ a ^ , tJiat . tfc *« aifiW bm ^ ftH - TM ^ fifUn ^ y ^ mr Tyojgy nnTt fi ^ | r is the profession that representation acf&pj ^ ^ p&fiidfl tasatiGm . 2 Qhe / ifwrnfir . < tioi ] ld . ^ pacI : « omebody- to ^ rftmt aflftinFifc jpfft \ 1 fenir fri-ffiflijfc but * he worknig maa Xa 4 r no « ne ^ . aoiiflonaeit that 4 jhe ^^ " »^ "g ™ qi Qf'f 3 ftct& yg CTT ^ in * h © Jioiifie which grants tibue ± ax . ; T :
^ l ^ . , liKEor 4 o « e it el « ct anyjonerwiio can iuml i ^ terr d ^^ i . 'fSSJ ^ ^^^ If ^^ . » Mqwi ateiw . Smfiaftel iffWlfrTI'feft Wh& ¦ ^ -gTTVT ¥ fe rl ' , " jtntl inforaieBtann < m ^^^ t ^ m ^ ii ^^^^^ j ^^ rand ( tftk © mai ^ ftr in y hich a ^ s aill be afi ^ io rpriated . Dhe jEn ^ Ugh jpeo ^ te isenj fcgriag : jgb yLfHBWF ^ d ^ eAaxfidnbv lt&- " MiWif ^ fcrtrfi wi jliaaut ^ sd ^ of guarantee whatever £ h « t the war wiE ^ o « 9 &d » 0 t « d in aocerdaaca apili idhe o | 4 ^ BtnwH .- « . Twi mmfibarMMrd' . a JaPniiaMn nai&ifm -AtiVT " ¦ rI w"" *• ' *• ' • - ' JJJ !" . W . TTT " . ¦ . ¦ ¦ . ¦<*_ „ ¦ . » J . _ 'lk ,, ! 4-U . . Ml
mot < oon ^ tit ute -all siapraOTiitian tgf Epgliflh power f © r - ± h © ) pu ^^ € p ^^ ^ 9 | EKl ^ a ^ e ^ ^^ Wpfrfy-yl ^ TOeiftt ^ f *^ ^ y ^ isjl ' fr ^ 44 BWS Jbo >© HiG ^ aB © . ^ iiwwnnrftiiiwfl Minitri > tihe ilftranta jdi Pltottoiift , iMifflastere , wlio diiactthe war-aai ;)]^ wiifehoiit jap n ^ o ^ h as " i | ^ jTsq ^ ti ^^^ ^ i tb ifiko W £ > r ^ u } fir < dasflieBj-3 jtow ( Cful uiwii ; ! fclift > W"oj ^ yli | g oniiltitiSe to rtift ^ a fowenio ^ rfiar ^ ^ ^ ^ m
iog the spacial ea ^ nenfies i ^ 4 |) p \^ af . ' ] : , j ^ d mfio wHi . jeap € he ^^ o ^^* 4 Jtt ©^ A ^ d&derd , ; aiw " jiei ^ q iEijs jn > f ^^^ i w ^^ f j ^ ' ' ^^ ^» wiH h * va the entree ho great ^ elebrationa p £ irictory , ¥ e havie no . guarantee that the w * -will bring victory to the natairal allies ^ of the working classV-tke jpspp le W iike conianeaxtiAl despotisms . \
MR . « GC-A 3 > STONS 1 ^ .- ^ UPtPtfElrfENTAIL Bt means of $£ & ^ Jadstcne ' s whole « -xplana-* ion , Whicfe is * eseeedingly foil aad distmet , we aa » mow able' to understand the psonoipiles that guide him na tbe financial adsMuistration of tke eorantry ^ a »< i the objectB aftwbidiiie ia driving . In hiB statement -of Monday ni ^ rb , fee ^ im ^ ei < teok 4 o pr < w » i © that he has
been ^ competent as "well as honest ; beeauee , ¦ as he jxaetly « aid , at « 4 ime when , war vnil entail greart ^ rea 0 ixre % pon < t $ be ttec-jpayer « f the wiuita-y , the Horaee < rf ^ Cornmoiis iae mo Tigl ^ J iw leav « « n ateomametent Minister 5 n Charge of the framoe . Would that mem bers -generally eould feel the full rforce * tf the < jnall « jage ' th = as iihrown iai ifaerx faces ( by Mt . © lad « toi * e ; thrown ia their feuees mth < a uaanly ^ iritrwhieh < waght to ( have more copier * . The floufid < &f "Commons haB suffered its
control over * he Bupplies to become m faree , and unless its members are epurred to their du % by Bdiaa © particular interest that » uppoBea itself likely is& be injured , they * ue conteoat ivith vegietenng the edict of th ^ Minister liet the railway interest Binppoee that it will be hurt by a new bill for the benefit of i * he pnM * c and Mr , Owndwell , who is eeeking to protoe * tlae | Mroperty , limbs , and life of tfce pnblde , is defeated "by a Parliamentary oombiaaatdoai . 3 Jet taxes on spirits b « proposed , and members whose coBstituente deal in
flpuits see the full objection to the tax . Bntt unless there fee some trading interest fapcmght to bear with pressure from without upon members individually , they neglect the * hity whioh Mr . Ohbdetone points out , < and suffer the voting of supplies to become a routime . After his explanation , however , they , and aot he , will be answerable should the finance prove to be mistaken .
Mr . GKLadstone ' s great objects in the conduct of finance , especially at the commencement of war , are these : —First , mot to make such alterations even for the purpose of improvement as will risk revenue , and for that reason he ha « suspended the improvement in taxation which was going on previously .
Secondly , he endeavours to keep revenue and expenditure in « , state of balance , asking for as much revenue at once as will cover the liability incurred , without locking up considerable sums of money in idle " balance . " Thirdly , he differs somewhat from his predecessors in dealing with the unfunded part of the debt , usually represented by
ExcheiT& £ 12111 UpilyBB ^ OB ) i £ k >]^^ to ® ase at the < KnmiBtencpg > eiit of a war w&ich will ; vfrfpnif > t great Jiacri&oeB thtatfc oanss&fe & £ ' . es&bnafced ijefiarelaand , Ibut must ibe ineft 41 & 4 ; hey oaecucc £ ) m ? m ^ mtt ^ , < knm& 4 / he la » t ten Teaupa , thiroitgh the wi&etam . of iSir Sobert Beet , followad u $ > by his oid -Ofpponfinte , -the J £ oBseB . « 1 i ^ ldga , and still fis 31 « wed « . p ^ r h ^ B disciple 01 ad « tone aiad his ^ eoileasaea , has
heen . test fyee . itQ a degree anpi 3 ece 4 erited 3 to m degisee which Xord Melbourne declared to , fee amadderjasqjfict tham ever entered tlie btram of mflu , Previoiasly deyeJaped by the energy , iiho jusBckanictfil ingeiiuiiirr , and t > h& ixBKJdDit BOBU &y s&f this ijoumtary , uWer that ^ freedom ifc ias -espanded beyond all eomp ^ rispn with the iasicluBtrijLL ^ odfcerpriae aad . achievements -of oair fopefiubhers during tike last war . - We in-, hf ^ rit , it is tr « £ , the debt which tjiey iacoiroedj but from their mistake we ( derive a wiser
policy , to which Mr . Gladstone is now giving effect . We have means which they could scarcely imagine in extent ; ~ we have a perfectly sound system of finance , wHeh leaves commerce free , taxing only liar purposes of revenue . The Chancellor -of the Exchequer has down to this point been engaged in tielieving the tax-payer # ne lias the unfunded debt thoroughly in . commaiHl ; and we believe , by tbe statement of Monday night , he has secured the confidence of the public .
Let the reader survey the facts which we have thus briefly eumined up , ask himself whether they -do iiot confirm our retrospect in the last number but one , and compare the position of the present Finance Minister with that of Mr . Pitt during the war of 1793 . It is in no spirit of cavil that we refer to what appear to us the more imperfect parts of Mr . Gladstone ' s budget . We know that objections can be found against every tax ; but there are objections to his claim for increased taxation which ought to find a stronger utterance in the House of Commons than he is
likely to encounter . ^ The continuance of a double income-tax is a double torture for a large portion of the middle class , since it ia admitted that tho single income-tax could be made neither just , nor anything but intolerably vexatious . As a compensation for that tax upon a particular class , he proposed a
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May ia , 1 SS 4 . ] THE LEADER . 4 ^ 3
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SATUEBA 1 T , 1 EAX- 13 , JL 854 .
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3 Zhere is . nothing so -reT-oiutiaaary ., because . tluBrettB nothing so unnattrral : and cionvttlsive , as -Hie strain te > , keep tbiaag ^^ 9 » d ? R ^ n 3 n ^ dd ^ (« R 07 lajis ibyiiiieogcexvlarwsaf its creatioikif ) . eternsQ progreaa . —Pit . Athtatto .
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TTHE END OF THE PEESTOH" STRIKE . Which of us / has not seen a certain rpair of spoartting- prints whush -convey a deeper . meaning and a more useful moaral than , ia commonly to be discovered ia thatdiviiiaa of Jfya fine arts ? One of these represent -a jttize fighter , upon whose head kas falleu . jdl i ^ ioso piagilistic misfortunes whicb . our SumLay contemporaiies dwell upon . with . Buck , livel y relish ; his nob has been in chancery , his ^ yes have been puffed and lanced , Ms Bxneller has been visited , bis ivories have been rattled .
his potato-trap has napped it heavily , his claret kas been tapped ; he has been fibbed , and propped , and countered , and . grassed , and , in fact , thoroughly well thrashed , and beneath , this pleasing picture is inscribed Tun Wibtweb , of the Fiqht . The companion print offers the semblance of a gentLBnaan ,. also of the pugilistic school , but whose intelligent
features have escaped comparatively . scotfree ; he has a sly , bright look , and ia ( as th © respected contemporaries before referred to would say ) " almost without a scratch and as lively as a kitten ; " and beneath this is inscribed The Loser or the Fight . Such , or very nearly , is the condition of the com .-batanta at the close of the battle which lia £
been fought at Preston , and which it liai taken thirty-six weeks to determine . Seriously spealting , the condition of the operatives lastMonday morning was very little worse than their condition on the first Momday alter the Lock-Out . This may seem paradoxical ; but it is nevertheless true , an <]
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Citation
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Leader (1850-1860), May 13, 1854, page 443, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2038/page/11/
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