That an attempt will be made to continue this tax, no reasonable person can doubt. Ever since it was imposed, Ministers have acted as though it was permanent and not temporary. They have done this in spite of the solemn pledge given to the country by its originator, that it should not be made a regular burden--in spite of the frequent and unanswerable remonstrances advanced by many who felt themselves aggrieved by its unjust and unequal operation. The limited nature of its duration was made the first excuse for avoiding its revision--the necessities of Government the next excuse for continuing it in all its imperfection; and yet these necessities, so far from being casual, were purposely created by the remission of other taxes, in order to afford the Premier of the day an apology for breaking his word--in plain English for violating his honour. We defy any man, however skilled he may be in casuistry, to alter the complexion of these facts, which are anything but creditable to the candour of the statesmen concerned, or to the character of our political morality. We are, therefore, fully prepared for a demand on the part of the Chancellor of the Exchequer for the reimposition of the Property and Income Tax. He will attempt to justify that demand by the usual allegation that it is absolutely necessary in order to meet the exigencies of the State; and that it yields very near five and a half millions of revenue, not one penny of which he can spare if he is to defray the expenses of the public service and the interest of the National Debt. This might be an excellent argument if employed to meet the proposal of any financial Quixote for abolishing a tax which the Legislature has solemnly declared to be permanent. But it is no argument at all for the continuance of this tax after its stated legal period has expired, any more than for the imposition of some tax entirely new. The real state of the case will be just this, that our recent commercial policy and its attendant experiments have landed us in a deficit of some five and a half millions, which, on the whole, in the opinion of the Chancellor of the Exchequer, may be most conveniently supplied by a NEW ACT authorising the direct taxation of Property and Income, on the same terms as before, for a certain period of years. That is all that can be said for the reimposition; and, _cæteris paribus_, the same argument would be as effective and as well grounded, if the honourable gentleman using it should propose to raise the sum required by clapping on an additional land tax, or by doubling or trebling the assessed taxes.