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flgg The SMwday Analyst and Leader. [Jul...
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REVENUE AND PKOSPEKITY. TT1HE revenue re...
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VISIT OF THE PRINCE OF WALES TO AMEKIGA....
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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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The Eight With The Lords. It Is An Excel...
and want of principle ought to have pointed out the right mejbhod to pursue , which'would have been to have given it the option of vindicating its own honour and the rights ot the tjeople in a straightforward and dignified way , or' to have gone bade to its constituents' to tell them the disgraceful tale of promises violated , opportunities neglected , and integrity cast aside . We cannot conclude this subject without ad verting to the unfortunate conduct of the Court , Which seems ^ completely under the control of the German faction . It is unfortunate and unseemly that Lord Debby should be invited to the Palace dinners directLy he came forward to assail the privileges of the Commons j that Mr . Disraeli , who followed in the same course , should nave 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 npt 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 neutrality in public questions , and its loyal treatment otits constitutional advisers . If the Royal favour shown to the . Tory leaders is not connived at by Lord Palmerston , he oug-ht to remonstrate with his Sovereign on the subject , tor 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 r ights of the people .
Flgg The Smwday Analyst And Leader. [Jul...
flgg The SMwday Analyst and Leader . [ July 7 , 1860 .
Revenue And Pkospekity. Tt1he Revenue Re...
REVENUE AND PKOSPEKITY . TT 1 HE revenue returns for the past quarter afford satisfactory _ L indications of the financial position of the country . In customs there ^ is a diminution of £ 3 70 , 000 , as compared with the corresponding - period of last year ; but this is satisfactorily ^ accounted by recent remissions of taxation . Excise shows an increase of " jei 69 ; 000 , and stamps of £ 107 , 000 , while property tax shows an increase of £ 306 , 000 ; making the net increase on the quarter ^ amount to- £ 3 I 6 , 000 , which is a good indication of prosperity . The accounts for the year show analogous results , excise having increased £ 3 , 300 , 000 and income tax £ 3 , 636 , 000 . Such facts prove the capacity of the country to yield a very Targe revenue ¦ w ithout 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 . suffering depression , arising from the high 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 "strfftcTi'iil lo purchase-a-bettei ^ har ^ of ^ he ^ veniences of life . Moreover , although we have a considerable amount of prosperity to be thankful for , lai-ge classes have suffered from the injury done to the Spr ing 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 iriore than a million , it is impossible not to Tear that the principles upon which the leather and hide business has 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 failures 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 traoe and expose all the transactions in which
Pullingeii 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 nnd more difficult for traders to get a renlly 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 upon sounder foundations , and take away the reproach that it is a reckless scramble to ge't rich nny how and at anybody ' s expense . It i 3 some drawback to bur complacency to find £ 3 , 800 , 000 required , ns a first instalment on behalf of that unsatisfactory article , a China wnr , —nnd our regrets are not diminished by having a House of Commons that will not check either diplomatic or military folly .
Visit Of The Prince Of Wales To Amekiga....
VISIT OF THE PRINCE OF WALES TO AMEKIGA . N EXT week the heir to the Grown sets out on his long-promised visit to its North American possessions .-. No circumstance of state wlll . be wanting to give pomp -and solemnity to this progress , in which he will appear not only in his ^ proper character , but as the representative of his Royal Mother . The Secretary of State , charged with the administration ot the Colonies , and the great officer at the head of the Royal household , will accompany him , —high dignitaries , who properly attend only 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 ot engineering skill which , giving uninterrupted railway communication from the Atlantic to the great Lakes , brings the iurther 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 1 acifae , —the freshest flowers in Britain ' s colonial wreath—will form the finest highwav 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 event " of small moment . It will matter little , in the determination of Imperial policy upon colonial questions , what maybe the views which , as Prince of Wales , or King of England , the stripling now about ip 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 hurr ied journey , would be of little value under the most favourable circumstances ,
arid the circumstances under which the Pkince journeys are the most unfavourable that could well be conceived . He can see hxit a little of the people , and that little ^ through a glass , darkly . " He will see them in their holiday dresses , and hear them with their voices tuned only for TeDeums , He cannot observe the ordinary , e very-day life of his future subjects > every thing will be put before him undera conlehr < de rose-aspect . The men who will surround him in each colony will be its leading professional politicians , and the persons who have paid successful eourt to the governors and their families . He may see , if those who guide results ot the and
him , direct him right , the great general ^ energy industry of the colonists ; and , if he sees that clearly , and appreciates the indefatigable labours of the hardy pioneers of civilization , he will do alt that can be expected of him . Hjqu Majesty has acted wisely in thus completing the Princes education . Another useful end will likewise be obtained—he will be kept out of any possible mischief . We don ' t know that there is any particular danger from which it has been deemed n - eTrs - s ^ rv-to ~^ qnrd-hiTnT---Vy ^ hnve-no-faithJn ^ he ^ irjcji mstaut ^ al reports of those omniscient gossips who , having no business of their own to attend to , settle other people ' s affairs , and who
whisper into the ears of anybody who will listen to them that les beavxyeux of a fair patrician have done great mischief to a princelv heart ; but young gentlemen at the ' end of their " teens are very awkward cattle to manage ; and royal youths , as history tells us , require particularly careful treatment ! The trip which the Prince is about to take hns , therefore , so far as he is concerned ; its negative as well as positive advantages , although none of them of very great moment . In the colonies themselves , however , this royal visit will be
productive of important consequences . The old sentiment of loyalty has survived all the weapons directed nt 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 fueling , inextinguishable as it is , requires , however , a little stimulus ; it will grow rusty , unless occasionally called forth in some special manner . The Colonies nre loyal . They regard the Sovereign with much the same sentiments of respect nnd devotion which are displayed by the inhabitants of the mother country . But they have had no opportunities of evincing their feelings . No Sovereign has ever visited them , and although Cnnnda was for a time the residence of one member of the Itoyal Family , he did not
go in a character and under circumstances which could excite any very great enthusiasm Half a century , obesities , has elapsed since his visit . The Prince will appear in Canada not only as the future King of England , but ns the direct representative ^ the Queen , going ther 6 purposely to show the interest winch the Sovereign takes in the prosperity of the Colonies . Ae such , he will be rapturously welcomed , ' ami the enthusiasm with which he will be received Will have an enduring action on the minds ol the Colonists . They will feel that they nre really subjects of the Sovoreign of Great Buitain , nnd will bo ns proud of that title as nro the inhabitants of Britain themselves .
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Citation
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Leader (1850-1860), July 7, 1860, page 4, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_07071860/page/4/
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