252 Europe, and the British Parliament. [MARCH, 



richer than when they came. As to the Margate steam-boats, the spirit 

 of competition will still keep down the price ; and if, as we conceive, 

 150,000 passengers go down the river in a season, their profits will still 

 be considerable. 



Lord Althorpe concluded his statement with a general view of the 

 financial state of the country. " The income for the year 1830, was 

 50,060,000. If from this sum were deducted the loss by the taxes 

 taken off in 1830, which amounted to 2,910,000, the income left for 

 the present year would be 47,150,000. Now he found that, owing to 

 the increased consumption which had been created of several articles by 

 the reduction of the taxes upon them, there was an arrear due to the 

 Excise of 580,000, at the beginning of this year, more than there was 

 at the commencement of the last. He might therefore reckon upon that 

 sum as part of the increased revenue for the year, and then it was 

 47,730,000. He deducted from this sum the taxes which he had taken 

 off, and which he estimated at 3,190,000; and this left 44,540,000 for 

 the revenue of the year. He added to this sum 2,740,000 for the 

 amount of the new taxes which were to be imposed ; and that raised 

 the income to 47,280,000. Deducting from this sum the estimated 

 expenditure for the year, which he had before shewn would be 

 46,850,000, it would leave a clear surplus of 430,000. These were 

 the propositions which he intended to submit to the consideration of the 

 House. It happened he had shewn them that very morning to a gen- 

 tleman who was well skilled in matters of finance, and had asked him 

 what he believed would be the result of them upon the country? His 

 friend told him that the monied interest of the country would not like 

 them, but that the manufacturing interest would. He thought that 

 this was the greatest praise which his system could receive." 



Some keen encounters have occurred in the House of Lords, between 

 Lord King and the bishops. His lordship amuses himself with those 

 displays of his reading, and as decorum prevents his adversaries from 

 advancing beyond the line of argument, he gains his point, which is 

 the laugh. The bishops, of course, vindicated the right to the Tithes, 

 but seemed not unwilling to allow that some modification in the mode 

 of collecting them might be desirable. Lord King immediately exhi- 

 bited his fertility in projects, by presenting them with three plans, 

 which however have not the merit of novelty of any kind. A state- 

 ment from the Quarterly Review gives the closest account that we have 

 seen of the actual value of that part of the tithes which is contributed 

 to the clergy, in all their ranks. 



" Total number of acres in England and Wales 37,694,400 



Deduct waste land, about one-seventh 5,299,200 



Number of acres in tillage 31,795,200 



Abbey-land, or land exempt by modus from tithe, one- 

 tenth 3,179,520 



umber of acres actually subject to tithe 28,615,680 



This number, divided by 10,693, the number of parishes, gives 2,676 tithe- 

 able acres to each parish. 



