8 APRIL 1865, Page 2
The Revenue accounts of the last quarter of the financial
year show that Mr. Gladstone will have 3,000,0001. above his anticipa- tion, and if the saving in the estimates for the present year be not more than a million sterling, he will still have about four millions for reducing the taxation of the current year. After the expected and very needless reduction of a penny in the income-tax,—need- less because it will make all the sums much more difficult and the payments very little less onerous,—and the reduction of the fire- insurance duty to a shilling, there will be more than two millions for the operations on the malt duty, or any others Mr. Gladstone is revolving.