have already realized, will sensibly lighten the burthens under which the Minister has hitherto laboured, and make him with joy to realize the expectations which, in proposing the income-tax, he so distinctly, yet cautiously, held out, as to the period of its duration, we may consider as indisputable. Add to this the pacific policy which Sir Robert Peel and his Cabinet are bent upon maintaining, as far as is consistent with a jealous regard to our national honour, (and which our late resplendent successes are calculated to facilitate,) and the revival, erelong, of the revenue, concurrently with that of trade and commerce, which may be confidently anticipated under our present firm, cautious, and experienced councils, and we may give to the winds our fears as to the continuance of the income-tax one instant after it can be prudently dispensed with. What, however, as a matter of _mere speculation_, if the nation should by and by, when familiarized with the character and working of the income-tax, become more reconciled to it, and prefer its retention as a substitute for _the Assessed Taxes_, which at present press so heavily on all, but particularly on the working-classes! But while Sir Robert Peel was remodelling the Corn-Laws, and creating a new source of direct revenue, he also undertook another task--a herculean task, one utterly hopeless, and beyond the reach or even conception of any but a Minister conscious of occupying an impregnable position in the confidence of the country: we allude to his reconstruction of our entire commercial system, as represented by his _new Tariff_. What courage was requisite to grapple with this giant difficulty! What practical skill; what patience and resolution; what exact yet extensive acquaintance with mercantile affairs; what a comprehensive discernment of consequences; what firm impartiality in deciding between vast conflicting interests, were here evinced! And observe--all these great measures, effecting a complete revolution in our domestic economy and policy--the fruits of only a few months accession to office of a Conservative Ministry! All the while that the Radical press was assailing them on the ground of their insolent and cruel disregard of their duty, and of the sufferings of the people, they were engaged upon the united labours of enquiry and reflection, on which alone can have been safely based the great measures which we have been briefly reviewing! "But all these," says some faithful mourner after the deceased Ministry, "they intended to have done, and would have done, _if they could_." Ay, to be sure. Admit it, for the nonce; 'twas easy to _say_ it, but the thing was _to do it_--quoth Mr Blewitt! That same _doing_, is what we are congratulating the present Ministry upon. Yes, it has been done--the great experiment is being tried; may it prove as safe and successful, as it is bold and well meant. It must be regarded, however, as only a part of the entire