FORE:The Budget was brought forward on the 13th of February. It proposed to continue the income tax, which experience had shown to afford a means of supplying the place of taxes repealed, until such time as the revenue should recover itself. The Minister then unfolded his scheme, which formed no unworthy complement to his great Budget of 1842. It proposed a reduction in the sugar duties, which could not be calculated at less than 1,300,000, and was expected to lower the price to the consumer by about 1-1/4d. a pound. The Minister then proceeded to refer to a list of articles, 430 in number, which yielded but trifling amounts of revenue, and many of which were raw materials used in the various manufactures of the country, including silk, hemp, flax, and yarn or thread (except worsted yarn), all woods used in cabinet-making, animal and vegetable oils, iron and zinc in the first stages, ores and minerals (except copper ore, to which the last Act was still to apply), dye stuffs of all kinds, and all drugs, with very few exceptions; on the whole of these articles he proposed to repeal the duties altogether, not even leaving a nominal rate for registration, but retaining the power of examination. The timber duties generally he proposed to continue as they were, with the one exception of staves, which, as the raw material of the extensive manufacture of casks, he proposed to include with the 430 articles, and to take off the duty altogether. On these articles the loss amounted to 320,000. The next and most important relief in the whole proposition was the article of cotton wool, on which the Minister proposed also to reduce the duty altogether, and on which he estimated the loss at 680,000; and these constituted the whole of the proposed reductions of the import dutiesthat is, sugar, cotton wool, and the numerous small articles in the tariff. The next items of reduction proposed were the few remaining duties on our exports, such as china-stone, and other trifling things, but including the most important article of coals, on which the duty had been placed by the Government, and at the result of which Sir Robert Peel candidly avowed his disappointment. The duties he estimated at 118,000. He then passed on to the excise duties, among which he had selected two items of great importance for entire repealthe auction duty and the glass duties. By a repeal of the auction duty he estimated a loss of 300,000; but as he proposed, at the same time, to increase the auctioneer's licence uniformly from 5 to 15 (making one licence answer for all purposes, whereas, at that time, several licences were often necessary to the same party) he expected from 4,000 auctioneers an increased income, so as to reduce this loss to 250,000. On the important article of glass he gave up 642,000. These constituted the whole of his proposals; and the surplus of 2,409,000 was thus proposed to be disposed of:Estimated loss on sugar, 1,300,000; duty on cotton repealed, 680,000; ditto on 430 articles in tariff, 320,000; export duty on coal, 118,000; auction duty, 250,000; glass, 642,000. Total, 3,310,000.The king attended the theatre one evening, and by his desire the drama of Rob Roy was performed. The theatre was of course crowded to excess, the boxes presenting a dazzling galaxy of rank and beauty. When the approach of the king was announced, there was a pause of deathlike stillness; then an outburst of deep, honest enthusiasm never to be forgotten. "A prolonged and heartfelt shout, which for more than a minute rent the house," a waving of handkerchiefs, tartan scarfs, and plumed bonnets, testified the joy of the assembly and delighted the ears and eyes of the "chief of chiefs." Sir Walter Scott in a letter to his son gives a vivid description of this royal visit. For a fortnight Edinburgh had been a scene of giddy tumult, and considering all that he had to do, he wondered that he had not caught fever in the midst of it. All, however, went off most happily. The Edinburgh populace behaved themselves like so many princes, all in their Sunday clothes; nothing like a mobno jostling or crowding. "They shouted with great emphasis, but without any running or roaring, each standing as still in his place as if the honour of Scotland had depended on the propriety of his behaviour. This made the scene quite new to all who had witnessed the Irish reception." The king's stay in Scotland was protracted till the 29th of August. On the day before his departure, Mr. Peel, who accompanied him as Home Secretary, wrote the following letter to Sir Walter Scott:"My dear sir,The king has commanded me to acquaint you that he cannot bid adieu to Scotland without conveying to you individually his warm personal acknowledgments for the deep interest you have taken in every ceremony and arrangement connected with his Majesty's visit, and for your ample contributions to their complete success. His Majesty well knows how many difficulties have been smoothed, and how much has been effected by your unremitting activity, by your knowledge of your countrymen, and by the just estimation in which they hold you. The king wishes to make you the channel of conveying to the Highland chiefs and their followers, who have given to the varied scenes which we have witnessed so peculiar and romantic a character, his particular thanks for their attendance, and his warm approbation of their uniform deportment. He does justice to the ardent spirit of loyalty by which they are animated, and is convinced that he could offer no recompense for their services so gratifying to them as the assurance which I now convey of the esteem and approbation of their Sovereign."
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