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Leader (1850-1860), 12th February 1859, Edition 1 of 2, Page 221, Untitled Article

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      THE GROSS PUBLIC INCOME AND EXPENDITURE . Aw account of the gro 3 » public income and expenditure for the year ending 31 st December , 1858 , is given in a Parliamentary paper published ; on Wednesday , arid in » very intelligible form . The items on both sides are as follows : INCOME . Customs ... • — ¦ ... ^ 24 , 091 , 99913 6 gSr 17 , 966 , 000 0 0 I ™ ... -. " ... - 7 , 996 , 342 18 10 Taxes ( land and assessed ) ... 3 , 158 , 033 7 4 Property Tax ... . 7 , 591 , 187 14 9 Post-office -. 3 , 075 , 000 0 0 Crown Lands ... 277 , 440 9 5 Produce of the sale of old stores and other extra receipts ... 1 , 291 , 643 5 2 Money received from the revenues of India , for retired pay , pensions , &c . ... > 60 , 000 0 0 Miscellaneous receipts , including imprest and other moneys ... 653 , 952 10 10 Unclaimed dividends received ... 125 , 395 11 10 66 , 286 , 995 118 EXPENDITURE . Interest and management of the permanent debt 23 , 546 , 878 19 Unclaimed dividends paid ... 46 , 674 8 7 Terminable annuities ... ... 3 , 969 , 602 16 10 Interest of Exchequer bonds , 1854 and 1855 ... ... 156 , 250 . Interest of Exchequer bills , suppiy 7 S 1 , 917 10 0 Do . do . deficiency 156 5 0 CHARGES ON CONSOLIDATED FUND . Civil list ... ... 406 , 871 5 0 Annuities and pensions ... ... 339 , 405 19 5 Salaries and allowances ... .. 158 , 060 3 8 Diplomatic salaries and pensions 162 , 638 16 2 Courts of justice ... ... ... 598 , 885 12 2 Miscellaneous charges on the Consolidated Fund . ... ... 166 , 714 16 7 SUPPLY SERVICES . Army , including Militia , Commissariat , and Ordnance .... 12 , 588 , 736 0 6 Navv , including packet service . and transports ... ... ... 9 , 637 , 103 13 3 Miscellaneous civil services ... 7 , 253 , 059 9 5 Salaries , &c , of revenue departments ... ... ... — 4 , 474 , 440 4 3 China naval and military opera-. tions ... 391 , 943 0 0 War expenses ( Russia ) 230 , 000 0 . 0 64 , 909 , 338 2 7 Sinking fund on the loan of 5 , 000 , 000 / . per Act 19 Viet . c . 21 250 , 000 0 0 65 , 159 , 338 2 7 Excess of income over expenditure in the year ended 31 Dec , 1858 ... ... 1 , 127 , 657 9 1 £ 66 , 286 , 995 U 8

      Untitled Article

      Tiiape in France . —The same state of stagnation in business which has been remarked of late still prevails . No transactions of importance took place during the past week on speculation , and purchases have boon confined to immediate wants . The stocks of merchandise on hand are becoming more and more limited , and manufacturers do not appear at all inclined to replenish them until the . political horizon becomes somewhat clearer . Accounts from Mulhausen and Roiion arc perhaps more satisfactory than in the capital . The stocks both of woven goods and twist are small , and the manufacturers are able to maintain firmer prices . From Lyons and St . Etienno tho advices arb leas cheering . Several orders , which had been given both for Paris and abroad , have boon provisionally countermanded . Tho prices of raw silk both at Marseilles and tho other

      markets of tho south have ft downward tendency . At Havre business in raw cotton was rather animated at tho commencement of tho week , and prices improved ! towards the close of tho week , however , aflairs became more calm , purchnaora oxpooting that , according to tho l « st accounts from Now York , prices would recede Llttlo or nothing has boon dono in raw sugar , andpricoa aro nominal , tho market , howovor , having a downward tondonoy . Very littlo doing in rolhied sugar . Bualneaa in coflbo continues limited , buyers holding back for lowor prices . Copper oontinuoa Hiun , but tho nmrkot shows but littlo animation ; lead and zinc aro rather on the ( Iodine . Tho rise which look place in oil at the oiul of lust month has not boon maintained , and tho buslnoes triuiHaotod during tho wook has boon at a alight < looliuo .

      Wacjbh in ; Blaoki * uun . —Tho general mooting of splnnora and manufacturers to consider what reply should bo given to ' , tho voquo . it of tho oporatlvcn for an julvnnoo of wagos , waa hold on Wodnosday . Tho I ' ullow' 1 &' resolution was oarrlod unanimouflly s—'' Tliufc tills "touting , taking Into consideration tho sevovnl yoara of

      severe trial which the cotton trade has experienced , and that we have not yet sufficient ground for concluding that the improvement which has recently shown itself will be permanent in its . character , considers that the application , of the operatives for an advance of wages is premature , and at present cannot be acceded- to . "Manchester Guardian . .. ¦ ¦ The Pout of Autweki . —A correspondent of the Continental Review writes : ¦— " The men of Antwerp are much concerned at tlie progress of the silting up of the Scheldt . Quite lately a vessel loaded with guano ran aground at a spot where , in 1803 , when the soundings were taken , there were twenty metres of water . In 1830 the depth of \ yater was reduced to ten , and at

      present there are but six metres of water at that spot . This silting up is unfortunately general throughout the Scheldt . The deposits of alluvial soil extend from year to year . Tufts of seaweed spring up , and are succeeded by herbs and shrubs . -At this stage the riverain population interfere and make dykes , and the ground thus conquered from the river is cpnverted into polders , which furnish magnificent pastures , and are sold at high rates * But the river suffers . At the beginning of the century it was practicable for whole fleets of men-of-war . At present , in a river of a breadth of fifteen hundred metres , only a portion of about . two hundred metres is navigable for sea-going ships , and this channel of deep water is so tortuous that no vessel can follow it without the aid of

      pilots . Even these pilots are not always safe guides , for the silting soil shifts from day to day in this the only practicable portion of the river . If this process continue and-no means is as j'et known to successfully stop it — the port of Antwerp will soon be inaccessible for seagoing ships , and it -will be necessary to make an outer port , as is the case in the majority of the Baltic ports . I do not believe that the commercial prosperity of Antwerp is likely to suffer from this change , but this most important fact is undeniable—that under present Circumstances great fleets cannot either be built or sheltered in the port of Antwerp ; in other words , Antwerp can no longer be considered as a great naval port . You will be able- to fully appreciate the importance of this fact . "

      Public Income and Expenditure . —In the year ending the 31 st of December , 1858 , the 1 public income of the United Kingdom amounted to 66 , 286 , 995 / ., arid the public expenditure to 65 , l 59 , 338 ? .,. leaving a balance of income amounting to 1 , 127 , 657 / . The balances in the Exchequer at the end of the year were 7 , 755 , 155 / . The following are the items , of the income of 1858 : — Customs , 24 , 091 , 9997 . ; Excise , 17 , 966 , 000 / . ; stamps , 7 , 996 , 3427 . ; taxes ( land and assessed ) , 3 , 158 , 033 / . ; income tax ( inaccurately styled " property tax" ) , 7 , 591 , 1877 . ; Bost-office , 3 , 075 , 000 / . ; and Crown lands , 277 , 440 / . The items of expenditure are : —Interest and management of the public debt , 28 , 501 , 479 / . ; the

      charges on the Consolidated Fund , 1 , 832 , 576 / . ; and the supply services , 34 , 575 , 282 / . The Army ( in this last item ) figures for 12 , 588 , 736 / , ( including Commissariat , Ordnance , and Militia charges ) ; the Navy ( including packet service , transports , &c ) , for 9 , 637 , 103 / . ; Miscellaneous Civil Services , for 7 , 253 , 059 / . ; the salaries of Revenue Departments , for 4 , 474 , 440 ? . ; the China Naval and Military operations , for 391 , 943 ? . ; and the war expenses ( Russia ) , for 230 , 000 / . The Civil List costs the country 406 , 871 / . ; annuities and pensions , 339 , 405 / . ; salaries , &c , 158 , 060 ? . ; diplomatic salaries , &c , 162 , 638 / . ; and courts of justice , &c , 598 , 885 ? .

      New Peruvian Loan . —It is reported that the Peruvian Government propose to contract in thia country a loan of 10 , 000 , 000 / . redeemable within five years , the whole of the guano revenue being mortgaged for its repayment . Tho liquidation of the existing foreign debt of Peru , 5 , 400 , 000 ? ,, is said to form part of the scheme , and it is supposed that the present stockholders will have the option of exchanging tlioir securities for bonds in tho new loan , or of receiving payment on terms to be hereafter adjusted . Agricultural Pkospeots in Ireland . —In the beginning of last week , tho general character of tho woathor has been wet and boisterous , but it has since modorated . It is < m unusual thing to complain of

      drought so lato in tho winter , but as there is no snow to melt there is a decided doficioncy of water . Rain may ultimately come , hqwovor . Farm work is now going on in its regular course , and some few beans have boon plantod . There lma boon a fair supply of seed qualities brought forward , and a suflioicnoy will most probably bo found , although tine samples aro not over abundant . This is , Iiowovor , not the case with some sorts of peas—maploa in particular are extremely scarce , and those who will plant this description must make up tlioir mind to pay vyry dear for thorn . Other aorta are

      more plentiful , particularly white- boilora—of tho two latter thoro will be an abundance for aeed purposos . Tho laud intondod fop bavloy will bo ready for tho uauul period , and tho domand is now coming on . Thoro hnvo boon Incroasod ilolivorios since pricoa have advanced n llttlo , tho returns of tho woolc being larger than tho two previous , but now moat probably they will fall oft " . Of choice qualities thoro ia likely to bo a Hcaroity at sood tlrao ; whilo of tho medium aorta nioro will bo brought out , nml clomi parcels , although not ao bold , may bo used with confidence Tho sudden changes

      i n the weather have materially affected the condition of wheat samples , arid this is much against the trade generally . However , the farmers may soon bo better engaged than thrashing wheat at present prices . — Freeman's Journal . Peel River ; Company . —There was a meeting of the- Peel River ' Land and Mineral Company yesterday , at which a report of a very favourable nature was read . It appeared that the amount received during the six months for gold licenses Was 300 / ., and that sales of live stock had taken place to the extent of 1374 / . 13 s . 6 d . This not being the meeting for the proposition of a dividend , the chairman said the accounts received to that date were satisfactory , and that

      the finances of the . company in London are at present as follows : —Late purchase of Victoria Bonds , 9200 ? . ; on Government security , 8000 / . ; cash at banker ' s , 1632 / . ; and balance of Sanderson ' s loan , 1512 / . 11 s . 2 d . There were only a few observations made , after which the report was adopted . Government Emigration . —Her Majesty ' s Emigration Commissioners chartered two ships on the 10 th instant—viz . the Queen of England , 1256 tons , to sail from Liverpool for Sydney , New South Wales , at 15 ? . 19 s . 3 d . per statute adult , and the Bride , 565 tons ,

      to sail from Plymouth for Algoa Bay , Cape of Good Hope , at 14 / . 9 . 3 . 5 d . —the former vessel to be ready for the reception of passengers on such cla 3-s as may be appointed between the 21 st and 2 . 8 th of March , and the latter any day "between the 7 th and 14 th , The Commissioners have given notice of their intention to receive , on Monday next , the 14 th instant , tenders for the supply Of beds and bolsters , either of cotton , flock , cork , or other approved material , for the use of emigrants embarking in Government emigrant ships from the three ports , Liverpool , Plymouth , or Southampton , or each port separatelvor two together .

      , Trade in China . —The commercial advices by the last mail are dated Hong-Kong , Dec . 30 . They are as follows : —A fair business has been done during the past fortnight in Canton , and moderate transactions have taken place here also . Exchange has declined . Bank bills on London , 4 s . 7 d . ; credits , 4 s . 7 M . Imports have been in good demand , and stocks of English manufactures ai-e small . The following transactions are reported for both places : —Cotton : 2749 bales Bombay sold . Quotations are—for common , Us . 8 to -tls . 9 . 9 ; middling to good , tls . 10 . 3 to tls . 11 ; fine , tls . 11 . 5 to tls . 12 . 4 . Cotton Yarn : 376 bales sold . Nos , 28-32

      are much inquired for . Tea : Higher prices paid for each purchase , arid the teamen remain rery firm . It was hoped that the news of the 9 th of November would induce somewhat easier prices , but such has not been the case , the Chinese bomg quite alive to the effect of a short supply , which receives daily confirmation . Only ten chops have come to market during the fortnight , and stocks are reduced to three chops of old congou , six chops new , and eight chops old souchong ; while the total export from China to Great Britain shows a decrease of 4 , 215 , 000 lb ., as compared with 1857-58 , and 12 , 180 , 000 lb ., with 1856-57 . The export to America is also 1 , 000 , 000 lb . short ' , and stocks at all the ports

      are very trivial . . Tribunal of Commerce . — A meeting of the Inbunals of Commerce Association was held at the London Tavern on Wednesday , Francis Lyne , Esq ., in the chair , when a report was adopted which set forth the proceedings of the committee and the progress made in . the cause . Resolutions strongly advocating the necessity of establishing tribunals or courts of commerce wore unanimously carried . A vast number of letters of apology were read , regretting the inability of tho writers to attend , but cordially supporting the movement . lace stutcment is

      Gossip from Milan . —In this p a most industriously circulating among tho population and the troops , according to ¦ which Francis-Joseph not only holds Italy by right of inheritance , but by tho same title might claim tho throne of France ! for ho ia declared to bo son of tho Duko of RoichstatH ( tho first Napoleon ' s son ) . Then it is added that Louis Napoleon is altogether lUegitimato , being the son of a Dutch admiral , which , to judge by his physiognomy , isprobablo onough ; and so gossip runs . I don't think , however , tW people aro in any mood to pay attention to those mysteries . Tho Oarabba , or etrcot-lads of this city , do not , at all ovonts , show much roapect for thorn , Cov they insurrection

      sooni certain that war will tako placo , or ; and tho five days of 1848 bo renewed . When tuey aoo a piokot of soldiers they approach , ami excuum , " January , February , and March '—a piece ot pleasantry much rollskod how . —Teleffr « j >/ t Corre-8 J ) ° Amiivau or this Brazilian Mail . —When tho Avon loft Bahla a largo fire waa raging thoro , and it was bo-Uovod tho city would bo burnt down . Rio do Janeiro had boon inundatod with rams winch hud damaged somo portion of tho railway . War was inevitable between tho l / nitod States and Paraguay , but tho I nrag ; uay riyors and forta woro so well fortiflod , that It was UoHovoci tho Americana would bo defeated . ,

      Nicw Inwian Loans .. —According to rumour , tiio British Government will propose a loan of throe or lour millions In Kxqhoquor Bonds or Bills , and uiiothor ol uix or Hovou millions for India .

      Untitled Article

      ¦ Ko . 4 i 64 / PEBBiTAiiY Jj ^ l 8 g 9 . J _ TH-jB _ jb jyiJP E R . ; ' _ lI -I

  • Citation
    • Leader (1850-1860), Feb. 12, 1859, page 221, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2281/page/29/