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VISIT OF THE PRINCE OF WALES TO AMERICA.
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REVENUE AHD PROSPERITY.
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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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and want of principle ought to have pointed out the right method to pursue , winch would have been to have ^ ivcn it the option of vindicating its own honour and the rights ot the -people in a straightforward- anddignified way , or to have Sine back to its constituents to tell thent the disgcaocful tale of promises violated , bpportumties neglected , and mUignty cast aside . We cannot conclude this subject without adverting to the unfortunate conduct of the Court , which seems completely under the control of the German faction . It is unfortunate and -unseemly that Lord Derby should be invited to the Palace dinners directly he came forward to assail the privileges of the Commons ; that Mr Disraeli , who followed -in . the same course , should lave met with similar favour ; and that Sir James Graham
should have received a similar invitation immediately after his mischievous votes in the Tax Bill Committee . It is not wise to mix up the Sovereign with these Tory cabals , and at the same time to force the people to look back with gratitude and admiration to the statesmen of the Commonwealth . The comfort and -security of the British Crown depend very much on its honest neutralit y in public questions , and its loyal treatment of its constitutional advisers . If the Royal favour shown . to the lory leaders is not connived at by Lord Palm ^ Rston , he ought to remonstrate with his Sovereign on the subject , for it is not well that there should be the faintest ground for suspecting ^ that Court favour can be won by opposing the fundamental and cherished rights of the people .
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TITHE revenue returns for the past quarter afford satisfactory X indications of the financial position of the country , In customs there is a diminution of £ 370 , 000 , as compared with the corresponding period of last year ; but this is satisfactorily accounted by recent remissions ottaxatiori .. Excise shows an increase of £ 169 , 000 , and stamps of ££ 07 , 000 , while property tax shows an increase of £ 306 , 000 ; making the net increase on the quarter amount to £ 326 , 000 , wliich is a good indication oL prosperity . The accounts for the year ; sh * bw analogous results * excise having
increased £ 2 , 300 ^ 000 and income tax- £ 3 , 636 y 000 . Such facts prove the-capacity of the country to yield a very large revenue -without serious disturbance of its industrial life . But we are not justified in simply singing the praises of our wealth . All over the land the working classes are suifering depression , arising From the hiah price of provisions ; and the prodigious expenditure of the ¦ Government , coupled with the existence of taxes that : obstruct industry , is an important reason why wages are / not sufficient to purchase a better share of the necessaries and con- ; veniences- of life . Moreover , although : we have a considerable
amount of prosperity to be thankful for , large classes have suffered from the injury done to the Spring trade , by the unusual prolongation of inclement weather , and the community is now startled by immense failures in the leather trade , that ' . will demand serious investigation . It would be unfair to prejudge the case of the houses which have succumbed ; but when one house fails for more than a million , it is impossible not to fear that the principles upon which the leather and hide business lias been conducted are unsound . " We do not mean to assert or insinuate that the collapsed firms . have departed from the customary practice of traders , but every new batch of f ailures supplies fresh illustration of the fact , that an abuse or misuse of credit is
alarmingly on the increase , while the conduct of the Union Bank in omitting to trace and expose nil the transactions in w h ich Pullingeh was engaged , proves a laxity in commercial circles that cannot be regarded without alarm . That the country annually makes much wealth is assuredly true ; but every year it is more and more difficult for traders to get a really honest living , and compete without a violation of principle with speculative houses , who can raise any amount of money upon bills known or suspected to be forgeries or " kites . " The unsettled state of foreign affairs has , no doubt , been one cause why joint stock enterprises have not attracted much confidence , but the conviction of widespread dishonesty in their management is a far more important influence .
The elasticity of the revenue should encourage the friends of fiscal reform to make further efforts for the relief of industry ; but we also need exertion to place trade \ ipon sounder foundations , and take awny the . reproach that it is a reckless scramble to get rich any howancl at anybody ' s expense . It is some clrawMck to our complacency to find £ 3 , 800 , 000 required , as a first instalment on behalf of that unsatisfactory article , n China wnr , —and our regrets nrc not diminished by having ri House of Commons that will not check either diplomatic or military folly .
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" 1 YJ EXT week the heir to the Crown sets out on las long-pro-± V mised visit to its North American possessions . No circumstance of state will be . wanting to . give pomp and solemnity to this progress , in which he will appear not only in his own proper character , but as . ^ the representative of his Royal Mother The Secretary of State , charged with the administration of the Colonies , and the great officer at the head of the Royal household , will accompany him , —high dignitaries , who properly attend onlv the Sovereign herself . Each one of the noble band ot colonies which remained faithful to the English Throne when their elder and more favoured sisters threw off allegiance to it ,
will have the honour of receiving him , and their loyal demonstrations will culminate in the solemnity which is the special object of his journey , —the inauguration of that wonderful triumph of engineering skill which , giving uninterrupted railway communication from the Atlantic to the great Lakes , brings the further ends of the Canadas into close connection with the mother country , and supplemented , as it one day will be , by an extension from those Lakes to our magnificent possessions on the Pacific , —the freshest flowers in Britain ' s colonial wreath— -will form the finest htehwav of the world .
The personal influence of the Sovereign over the course of public affairs is now so slight that this progress of the Prince may at first appear an evenfof small moment . It will matter little , in the determination of Imperial policy upon colonial questions , what may be the views which , as Prince of Wales , or King of England , the stripling now about to visit North America may entertain upon them ; and it is well that it is so . The opinions formed by a youth of average abilities , during a hurried journey , would be ' of little value under the most favourable circumstances ,
and the circumstances under which the Prince journeys are the mostunfavourable that could well be conceived . He can see but a little of the people , and that little ... " through a glass , darkly . ' * He will see them in their holiday dresses ' , and hear them withtbeir voices tuned only for Te Deiints . He cannot observe the ordinary , every-day life of his future-subjects ; everything will be put before him under a . coidenr tie rose aspect . The men who will surround him in each-colony will be its leading professional politicians , and the persons who have paid successful court to the governors and their families . He mav see , if % ose who guide results of the and
him , direct him ^ ag ht , the great-general energy industry of the colonists ; -and , if he sees that clearly , and appreciates jthe indefatigable labours of the hardy pioneers of civilization , he will do all that can be expected of him . . H « Majesty has acted wisely in thus completing the Pptvce ^ s education . Another useful end will likewise be obtained—he i will be kept out of any possible mischief . We don ' t know that there is any parricula / danger from which it has been deemed —necessOTy-to-guard-lwn ^—\ y-e-liav-ajiof flit , in the fi jjcuinstant . , reports of those omniscient gossips who , having no business of their bum to attend to , settle other people ' s affairs , and who
whisper into the ears of anybody who will listen to them that les beaux yeux of a fair patrician have done great mischief to . a princely heart ; but young gentlemen at the end of their " teens are very awkward cattle to manage ; nnd royal youths , as history tells usV require particularly careful treatment . The trip which the Prince is about to tnke has , therefore , so far as he is concerned , its negative as well as positive advantages , although none of them of very great moment . . ' . ¦ this visit will be
In the colonies themselves , however , roya -productive of important consequences . The old sentiment ot loyalty has survived all the weapons directed at it by republican or material philosophers . It is one of those ineradicable feelings which the men upon whom it exerts the strongest influences are seldom capable of satisfactorily explaining . The feeling , inextinguishable as it is , requires , however , a little stimulus ; it will tow rusty , unless occasionally called forth in some special manner . The Colonies are loyal . * They regard the Sovereign with much the same sentiments of respect nnd devotion which are displayed bv the inhabitants of the mother country . But they have had no opportunities of evincing their feelings . No Sovereign has ever visited them , and although Canada was for a time the residence of one member of the Royal Family , he did not
go in a character and under circumstances which . could excite any ~ yery great enthusiasrn . ^ Half a century ^ besides , hns elapsed since his visit . The Prince will appear in Conado not only as the future King of England , but as the direct representative ot the Queen , going there purposely to show the'interest which the Sovereign takes in the prosperity of the Colonies . As such , he will be rapturously welcomed , and the enthusiasm with which he will be received will have on enduring action on the minds ot the Colonists . They will feel that they are really subjects ot the Sovereign of Great 'Britain , and will be ns proud of that title as are the inhabitants of Britain themselves .
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ggg £ fo . £ a / W (_ July 7 , 1 S 60 .
Visit Of The Prince Of Wales To America.
VISIT OF THE PRINCE OF WALES TO AMERICA .
Revenue Ahd Prosperity.
REVENUE AND PROSPERITY .
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Citation
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Leader (1850-1860), July 7, 1860, page 628, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2355/page/4/
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