On Monday, the 17th, the Chancellor of the Exchequer, Sir Charles Wood, presented the Budget. The main difficulty here was to decide what to do with the surplus revenue. It is so long a time since any European government has had a question of this nature to deal with, that it is not to be wondered at that it caused embarrassment. Official ingenuity has been well-trained to devise ways and means to supply deficiencies in revenue, by inventing new taxes, or by borrowing; but it has had no experience in dealing with an actual surplus. Where every interest is burdened to the utmost, each feels itself to be the most oppressed, and demands to be first relieved. There were claims to ten times the amount to be taken off. The Chancellor kept his project a profound secret from all men; no deputation could worm out of him whether he favored their own special views; when the proper time came, they should see what they should see. They did all see; and not a soul was satisfied. The surplus was estimated to be about £1,900,000; one million was to be devoted to the payment of the National Debt--a rate which, if kept up, would extinguish the whole debt in somewhat less than four thousand years; the remainder was proposed to be so apportioned that no interest will find itself specially benefited. For instance, the window-tax was to be nominally abolished; but a large proportion of it was to be re-imposed in the shape of a duty upon houses;--and all these proposed reductions were based upon the condition that the income-tax, which has some features making it particularly odious, involving as it does an almost inquisitorial prying into private affairs, should be continued for another three years. The debate upon the Budget was fixed for Friday, the 21st. In the mean time, however, it became apparent that the Budget could not be carried. A circumstance unimportant in itself sufficiently evinced this. Mr. King moved for leave to bring in a bill giving the right of voting in the counties, as well as in the boroughs, to all occupiers of tenements of the value of £10. Though this was nowise a test question, Lord John Russell opposed it, and when the vote was taken only 52 votes were found for the Ministers, while for the motion there were 100. The apathy of their own party showed the Ministers that they could not sustain themselves. Lord John Russell moved that the debate on the Budget should be adjourned to Monday, the 24th. In the mean while, on Saturday the 22d, the Ministry tendered their resignations.