TWO:Though the Duke of Wellington defended him-self against the persevering attacks of the financial reformers, he was busy making retrenchments in every department of the Public Service. So effectually did he employ the pruning-hook, that although the income of the previous year had fallen short of the estimate of the Chancellor of the Exchequer by 560,000, he was able to present to the House this year a surplus of 3,400,000 available for the reduction of taxation, still leaving an excess of income over expenditure of 2,667,000 applicable to the reduction of debt. There was, consequently, a large remission of taxation, the principal item of which was the beer duty, estimated[310] at 3,000,000. At the same time, in order to enable the Chancellor of the Exchequer to meet these reductions, an addition of one shilling a gallon was made to the duty on English spirits and of twopence on Irish and Scottish spirits. This Budget helped to clear the political atmosphere and brought a brief gleam of popularity to the Government. The Duke got full credit for an earnest desire to economise, and it was acknowledged by the Liberal party that he had given the most important financial relief that the nation had experienced since the establishment of peace. Notwithstanding, however, the general satisfaction, and the loud popular applause, the pressure of distress was not sensibly alleviated. The burden indeed was somewhat lightened, but what the nation wanted was greater strength to bear financial burdens, a revival of its industrial energies, and facilities for putting them forth with profit to themselves and to the country. Remissions of taxation were but the weight of a feather, compared to the losses sustained by the action of the currency. For while the reductions only relieved the nation to the extent of three or four millions, it was estimated that the monetary laws, by cutting off at least fifty per cent. from the remuneration of all branches of industry, commercial and agricultural, had reduced the incomes of the industrial classes to the extent of a hundred and fifty millions yearly.On the 20th of March Sir Henry Hardinge brought forward the Ministerial plan for the settlement of the tithe question. It was proposed that in future tithes should be recoverable only from the head landlord, and that the owner should be entitled to recover only 75 per cent. of the amount, 25 per cent. being allowed for the cost of collection and the risk and liability which the landlord assumed. He might redeem it, if he wished, at twenty years' purchase, calculated upon[383] the diminished rate. The purchase-money was to be invested in land or otherwise for the benefit of the rectors and other tithe-owners. The arrears of 1834 were to be paid out of the residue of the million advanced from the Consolidated Fund, and the repayments of the clergy for the loans they had received were to be remitted. There was a good deal of discussion on this plan, Lord John Russell contending that it was the same in substance as the one brought forward last Session by the late Government. There was, however, some difference between the two measures. In the former, the landlords were to get two-fifths, or 40, out of every 100, securing to the clergy 77? per cent., and involving an annual charge of 17? per cent. on the Consolidated Fund. This was the shape the measure had assumed as the result of amendments carried in committee. The Ministerial resolution was carried by a majority of 213 to 198.
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