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3FEBBPARY 1* , 1867.] THE LEA.BE B. " jg...
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THE CONTINENT. According to a Berlin let...
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PERSIA. We arc informed by a despatch fr...
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AMERICA. The City of "Washington has arr...
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Grtstai, Palace.—Return of .admissions f...
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NOTICES TO COJiUKSPONDENTS. The." Author...
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JTo notice etui be taken of anonymous co...
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¦ SATURDAY, FEBRUARY -14, 1857.
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There is nothingso revolutionary, becaus...
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THE . -FINANCIAL STATEMENT. The Army and...
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MORAL OF THE SECKET TREATY. Me. Disraexi...
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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Transcript
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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.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
Leader Office, Saturday, February 14. La...
was possible -that the -war might go on , / without inquiry of the House , simultaneouslv with the negotiations .
THE BUDGET . -.. - . The Chancellor of the Exchequer brought forward' his financial statement . He said that it was more in the ordinaTy course to bring forward the Estimates before introducing the . Budget , but he had reversed that course out of deference to the wishes of the House . He called attention to the state of expenditure and revenue of the current year . He stated that last year he estimated the revenue of the current year at 71 , 740 , 000 ? . ; it had reached 71 , 885 , 0007 .- The expenditure he estimated at 82 , 113 , 0007 ., showing a deficiency of 10 , 000 , 0007 . and a fraction . To cover that deficiency , loans were effected : part of the first loan of 5 , 000 , 0007 . ¦ was received this year , then there was another loan of
5 , 000 , 0007 ., and an issue of 2 , 000 , 0007 . of Exchequer Bills , making the loans available 7 , 000 , 0007 . ; only 1 , 000 , 0007 . of Exchequer Bills was , however , borrowed . The total receipts by revenue and loans was 79 , 000 , 0007 . ; the expenditure would be about 78 , 000 , 0007 ., leaving a balance of more than 1 , 000 , 0007 . The right hon . gentleman having gone through the usual comparison between his estimates of revenue last year and the expenditure , he proceeded to estimate the expenditure of the ensuing year at 65 , 494 , 0007 . ! Of this the interest on the funded debt would take 28 , 550 , 0 007 ., the charges on the Consolidated Fund 1 , 707 , 000 / ., and the cost of the services , civil and military , would be 32 , 904 , 000 ; the estimate for the army and militia
being 11 , 625 , 0007 ., the navy 8 , 109 , 0007 ., packet service , 965 , 0007 ., civil service 7 , 250 , 0007 ., collection of the revenue 4 , 215 , 0007 ., superanuation 475 , 0007 ., and a vote towards the Persian expedition of 26 , 5007 . There -would also be required a sum of 2 , 250 , 0007 . to pay off Exchequer Bonds and a portion of the sinking fund on the last loan of 5 , 000 , 0007 . As regarded , taxation , he proposed to reduce the income-tax to 9 d . in the pound for three years , on incomes of 1507 . ; and to 5 cl . in the pound on incomes of 1007 ., which he intimated would produce 9 , 000 , 0007 . He estimated the -revenue-at 66 , 365 , 000 from all sources , which , as against an expenditure of 65 , 494 , 0007 ., would leave a surplus of 871 , 0007 .
A desultory discussion followed , but no debate in the Btrict sense of the term , and the formal resolution moved by the Chancellor of the Exchequer Avas agreed to .
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3febbpary 1* , 1867.] The Lea.Be B. " Jg...
3 FEBBPARY 1 * , 1867 . ] THE LEA . BE B . " jgg
The Continent. According To A Berlin Let...
THE CONTINENT . According to a Berlin letter in the German Journal of Frankfort , " the preparations for the conference which is to terminate the Neufchfitel question are proceeding very slowly-, and replies have not yet been received from all the Powers ' to tfro -note in -wftieli Prussia declared that by the liberation of the prisoners she was enabled to enter into negotiations for the definitive regulation of the question . The Prussian Government has profited by the last few weeks to collect various documents which support her claims . " The Paris Monltmr of yesterday announces that Count deMorny remains at St . Petersburg as Ambassador Extraordinary . M . Schneider , Vice-Presiden t , will act as President during the session .
" It is certain , " says the Globe Paris correspondent , "that the Grand Duke Constantine will arrive in Prance at the commencement of April . " The Emperor of Ilussia is going to Warsaw . The French Emperor will open the Corps Le " gislatif in person on Monday . The bill in the Sardinian Chambers on the reorganization of the superior administration of public instruction , has been adopted by a majority of 75 to 55 . The creation of a free port at Naples , and the complete revision of the customs laws , have been decided in council by King Ferdinand .
The Madrid Gazette announces the discovery of a depot of arms and ammunition in the Theatre des Varidtds . The director of the theatre has been arrested .
Persia. We Arc Informed By A Despatch Fr...
PERSIA . We arc informed by a despatch from Constantinople that " the English , under Chnmbcrlayne , have entered Cabul , marching with an AfTghan army , under Dost Mahommod , on Herat . A reinforcement " of seven hundred men from Bombay has arrived at Uushirc . " Probably this is a revival of the old report , which has taken sorno time ( and larger dimensions ) to travel through Persia . By the latest accounto , Brigadier Chamborlaync , after intimidating a refractory tribe , bad returned into the Kritish territories . In any case , intelligence of movements in AflghnniHtan will bo received more quickly , and therefore of move recent unto , vh \ Bombay and Egypt than vi < i Constantinople .
" I have reason to believe , " says tlio Paris correspondent of the iWarniny Post of this day , " that Ilussin will not continue in advising Persia to resist , the demands of England . It ia quite possible that ( le . i ]> atc : he . < will shortly reach the Per . sirm Envoy in Paris of a conciliatory character . Franco desires poaw , and Jttissiii wishes to be on # ood terms with tbi . s country , for reasons easily imagined . " A Vienna correspondent , of thr Weser Cnzcttn says " : —" It is ussorK'rt in diplomatic cirelcH here that . England has accepted the mediation of France in tho Persian dispute . "
America. The City Of "Washington Has Arr...
AMERICA . The City of "Washington has arrlVed from . New York with advices to tihe 1 st inst ., and no specie . Congress , with but little debate and without a syllable being uttered with reference to the slavery question , passed bills providing for the admission of Oregon and Minnesota into the Confederation as Sovereign States . General Garcia , formerly Governor and Commanderin-Chief of Tamaulipas , in revenge for beEng deprived of the command of Tampico by the revolution of the 30 th of October , ^ has seized the goods belonging to various mercantile houses in transit to the interior . Nicaragua and Costa Rica have agreed upon a n « w boundary line .
Grtstai, Palace.—Return Of .Admissions F...
Grtstai , Palace . —Return of . admissions for six days ending Friday , February 13 th , 1857 , including season ticket liolders , 8037 .
Notices To Cojiukspondents. The." Author...
NOTICES TO COJiUKSPONDENTS . The . " Author of Adaptability , " who does not send his nam . o , does not appear to us -to . contribute any new li ^ ht to the discussion of the important question to which , nis letter refers . Tjiomas Peacock . —We beg to refer our correspondent to t no notice which has appeared several weeks consecutively in our columns .. The residuary letters ia typo on illc Lunar controversy are now exhausted , and we must be permitted to consider the discussion cljsed in this journal .
Jto Notice Etui Be Taken Of Anonymous Co...
JTo notice etui be taken of anonymous correspondence . "Whatever is intended for insertion must be authenticated by the name and address of tho writer ; riot necessarily for publication , but as a guarantee of his good faith . We do-not undertake to return rejected communications .
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¦ Saturday, February -14, 1857.
¦ SATURDAY , FEBRUARY -14 , 1857 .
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^ uMir Mara .
There Is Nothingso Revolutionary, Becaus...
There is nothingso revolutionary , because thisreis nothing so iinnatural and convulsive , as tlie strain to kee-p thing ' s fixed -when , all the world is by the very lav- of its creation in eternal progress . —De . Aenox ± » .
The . -Financial Statement. The Army And...
THE . -FINANCIAL STATEMENT . The Army and Navy Estimates had prepared the public , to some extent , for the financial Statement of Sir Coirnewai / l Lewis . It was felt that , with these avowed reductions of expenditure , the Government could not possibly propose to retain the " War Income-iax . The Chancellor of the Exchequer ,
accordingly , is prepared to relieve incomes of 100 Z . a year of elevenpence , and incomes above 150 Z . of sevenpence—out of sixteenpence—in the pound . These , certainly , are concessions , but it may be doubted whether they will be regarded as satisfactory by the Opposition or by the country . The Income-tax is still a heavy impost—heavier than before the war . So far from reverting to Mr . Gladstone ' s
settlement , Mr . Cojine"wall Lewis desires to levy nearly double the amount on all incomes of more than 150 ? . a year—ninepenco instead of iivepence . We seo on this point the opportunity of a formidable-party attack , by which , should Mr . CItjADstone continue to coalesce with tho Tories , and obtain the concurrence of Lord . TohnKussell , tho Government may be talcen by storm . Moreover , it by no moans appears that the estimates linvo been adequately reduced . They havo not
been calculated on a war scale , i (; is true , but neither havo they been calculated on a peace scale . The Ciia tfOKi . Loitoir Tino Excniutuint , wo suppose , ¦ will reply that they havo been calculated with a view to improvedcHidency ; but improved ofHcieiicy do <\ s not mean increased expenditure . The ( Government ank « for throo millions more , at least , under the head of Army and Navy Kst imat ; es , than were required by the Biulgcl ; of 1 . 8 f ) 3 . Tho discussion in tho House of Commons last ni « j ; ht was desultory and indecisive , forming no test whatever ol" the reception likely to bo given to Lord I ' almekston ' s Budget
for 1857 . Next week there will probably "be debates more alarming to the G-overntnent ; nor do we anticipate that the agitation out of doors will be altogether lulled by the imperfect concessions of the Treasury . The public asked for the total and unconditional abolition , of the war nittepence ; why , then , is only sevenpence to be repealed on the
higher class of incomes ? It is not the difference' between 100 Z . and 1501 . that we desire to be recognized , but the difference between one 1001 . and another 100 I . —the former precarious , and -worth three years ' purchase , tli-e- latter fixed , and "worth thirty years' purchase , Now is the opportunity for the House of Commons to govern tho Government on questions of finance .
Moral Of The Secket Treaty. Me. Disraexi...
MORAL OF THE SECKET TREATY . Me . Disraexi has learned , at same expense to himself , that although a newspaper may be benefited by ' startling disclosures , ' which , no one cares to contradict , it is not permitted to a statesman to engage in that sort of traffic . When a young-Tory journal , naturally eager to attract notice , ventures to deal in ' exclusive' intelligence during the Parliamentry recess , fly-catchers are amused , and a fractional pxxblic , perhaps , is deceived . But the Tory leader in . the House of Commons occupies a different . position . Ho
cannot , without loss of character , commit himself to exaggerations and absurdities . Mr . Disraeli , therefore , has already sacrificed all the advantage he gained in the first debate of the session , by his heavy attitudinising on the subject of the Secret Treaty . We ventured , last week , to suggest the real meaning of the Convention alluded to ; and it would have been fortunate for Mr . Disraeli had he adopted a similar interpretation , or , at least , refrained from making a statement which only rendered his original blunder more distinct and inexcusable . "We
said that he bad caught a glimpse of certain negotiations between 1 ' rance and Austria , sanctioned by England , which resulted , not in a formal treaty , but in a diplomatic understanding , and we added that Mr- Dishaeli , hy a sMlful cross-examination of the Minister , might have elicited this fact , without exposing himself to contradiction and ridicule . It appears that the circumstances were of the nature Ave described . There was no treaty ; but there was a Military Convention ; yet Mr . Disraelt , leaving no way open for retreat , advanced
beyond his original position , affirmed tho existence of a treaty , indicated the date o £ its signature , misrepresented its objects , and gavo . Lord Palmeustotm an opportunity to retort upon him , moro triumphantly than , before , that bo had been imposed upon by tho gossips of Paris . Tho Tory spokesman , denied that he had derived hia information from Paris , whero he procured his speech at tho death of the Dukoof Wellington ; but , from whatever quarter it came , Naples or Vienna , it was literally incorrect , so that Lord Pat / meuston ' s " connivance" turns out
to bo j \ h \ DrsttAicLi's " credulity . " With reference to tho Convention itself , it would havo boon a perfectly fair concomitant of a Treaty between Great Britain , 3 *\ -anco , and Austria , against Russia . Such a treaty would necessarily have been offensive and defensive . Politically and diplomatically
considered , it would havo been imposaiblo to invite tho co-operation of Austria in a war which would have brought her at onco face to lace with tho enemy , and to have refused to protect her rear against , insurrection , perhaps incited by ' . UuKHian intrigue 'J'lie commonest instinct of self-preservation would have induced the Auatriuna to propose such a re-
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Citation
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Leader (1850-1860), Feb. 14, 1857, page 11, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_14021857/page/11/
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