of Argyle thought that the English government owed to its own dignity some energetic action upon this case. The correspondence upon this subject, as also that with Austria upon the expulsion of Protestant missionaries from that country, was promised at an early day. On the 27th of April, Mr. Disraeli, the Chancellor of the Exchequer, made the annual statement of the financial condition and necessities of the kingdom, which had been awaited with great interest, as an official announcement of the intended course of the new Ministry upon the subject of taxation. He discussed, in succession, the three modes of deriving income--from duties on imports, duties on domestic manufactures, and direct taxation. During the last ten years, under the policy established in 1842 by Sir Robert Peel, the duties upon corn and other articles of import, have been reduced, in the aggregate, upward of nine million pounds sterling; and this reduction had been so steadily and regularly made every year, that any proposition to restore them would now have very slight chances of success. In the excise duties, also, there had been reductions to the amount of a million and a half; and it was clear that the Minister who should propose to increase the revenue by adding to the duties on domestic manufactures, could not expect to be sustained by the House or the country. The income tax had been very unpopular, and could only be renewed last year, for a single year, and then with very considerable modifications. Comparing the actual income of the past year, with that which had been estimated, Mr. Disraeli said that, while it had been estimated at £52,140,000, the actual income had been £52,468,317, notwithstanding the loss of £640,000 by the change of the house tax for the window duty, and the reduction in the coffee, timber, and sugar duties. The customs had been estimated to produce £20,000,000. After deducting the anticipated loss, £400,000, on account of the three last-named duties, they had produced £20,673,000; and the consumption of the articles on which the duties had been reduced had increased--foreign coffee by 3,448,000 lbs., as compared with 1851, when the higher and differential duty prevailed; and colonial coffee from 28,216,000 lbs. to 29,130,000 lbs. Foreign sugar had increased in the last year by 412,000 cwts., and since 1846 (when the first reduction took place) by 1,900,000 cwts. a year; British colonial sugar, by upward of 114,000 in 1852, as compared with 1851; and during the last six years the consumption had increased 95,000 tons, or 33 per cent. on the consumption of 1846; and in timber the result was the same. The other heads of revenue had been thus estimated: Excise, £14,543,000; stamps, £6,310,000; taxes, £4,348,000; property tax, £5,380,000; Post-office, £830,000; Woods and Forests, £160,000; miscellaneous, £262,000; old stores, £450,000; and had produced respectively £14,543,000, £6,346,000, £3,691,000, £5,283,000,