all immediate transference of capital to other countries; incomes cannot be made the sole subject of taxation, partly from the same reason, and partly on account of the injustice of such an arrangement. The only true principle, and that which we wish to see recognised, is this--that the annual produce of the country alone must bear the weight of taxation. If that principle could be steadily kept in view, much of the haze and mist which modern political economy has spread, would be dispelled. Men would perceive that there is not, and cannot possibly be, in this great country, any such thing as the rival interests of classes; but that what we have hitherto termed rival interests, is neither more nor less than the desire of certain parties to thrive and accumulate wealth at the expense of the rest of the community. They would also see that this selfish and nefarious intention must in the end defeat its own aim, for it is as impossible for a tradesman to thrive by the poverty of his customers, as it is for any class whatever to extract permanent prosperity from the depression and downfall of another. They would clearly understand that cheapness, when effected by the introduction of the products of foreign untaxed labour into this country, must be and is obtained at the cost of the British workman; that it consequently is no blessing to the country, but the reverse; and that each such introduction, either by displacing industry, or by beating down its wages, or by lowering the value of home products, augments the burden of taxation, and reduces all incomes, except, indeed, those which are derived directly _from_ taxation--as, for instance, fixed salaries, government annuities, and the incomes of Ministers, officials, and the like. A dim perception of the truth of this seems to have dawned upon the minds of some of our legislators, and to have led to the appointment of that committee which deliberated last session on the subject of official salaries. The question has often been asked, why, since almost every article which money can command is cheapened, the servants of the public should still receive the same allowances as before? There are good grounds for putting that question; and some still more formidable ones, we anticipate, will be asked ere long, if we choose to persevere in our present commercial policy.