28 JANUARY 1854, Page 9

The Moniteur of yesterday published a report addressed to the

Emperor by the Finance Minister. It shows that, by cancelling credits and by excess of revenue, the apparent deficit of 98,000,000 francs for the current year will be reduced to 4,000,000 francs. The budget of 1854-'5, it is anticipated, will leave no deficit. The report also shows that the increase in the revenue derived from indirect taxes in 1852 was more than sus- tained in 1853—it was exceeded by 44,500,000 francs. Generally, the revenue received had exceeded the estimates.