By a somewhat curious coincidence, the budget was brought forward on the very week when the French revolution broke out. Mr Cobden’s proposal, therefore, met with no support; and it must have become evident, even to the free-traders, that under such a threatening aspect as the Continent presented, no sane man would agree to a reduction in our military force. Still that party continued inflexibly opposed to the ministerial measure for raising an adequate revenue, and, by doing so, we maintain that they were guilty of an act of political ingratitude. In this situation, ministers were fain to withdraw their proposal, and to continue the income-tax as formerly, for a period of three years, without any definite scheme of making up for the deficiency in the revenue. In fact, the session has passed away without a budget at all. That which Lord John Russell tabled, has crumbled away like a thing of gossamer; and, so far as financial matters are concerned, we are left in the pleasant impression that we are getting into further debt, and have no distinct means of paying it. To exhibit the recklessness with which the Whigs regard all matters connected with revenue, it is sufficient to remark, that with three millions of deficit admitted, our rulers think this an advantageous and a proper time to sacrifice about fifty thousand pounds annually, the produce of duties upon imported copper ore. Mr Osborne was right. No ministry, had there been a decent Opposition, could have stood such an exposure. We even go further; for we believe that—but for the French revolution, and the universal turbulence abroad, which rendered it absolutely necessary that this country should maintain a firm front, and exhibit no symptoms of internal weakness or discord—the present ministry could not have existed for another fortnight. As it is, we are in some respects glad that they have continued in office; because, though late, they have been called upon to act under circumstances which, in future, may give a new and improved tone to Whig political opinions.