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MISCELLANEOUS.

The Revenue and Expenditure of India. —The total net revenues and receipts of India, for the year 1843-4, after deducting the charges of collection, amounted to £17,173,788, or 183,187,076 rupees; for 1844-5, to .£17,293,135, or 184,460,115 rupees ; for 1845-6, £17,812,419, or 189,999,141 rupees. The total net charges, exclusive of collection, after deducting indemnity for war charges, and compensation for losses, were, for the year 1843-4, £11,612,916, for 1844-5, £18,036,649; for 1845-6, £19,307,795. The charges defrayed in England on account of the Indian territory, in 1843-4, amounted to £2,944,073; in 1844-5, to £2,485,212; and in 1845-6, t0£2,044,067. The Indian revenue and expenditure shows that during the three last financial years, there has been a permanent excess of expenditure over revenue in India. It shows, at the same time, that the most strenuous exertions have been made to keep down the expenses of collection, without, however, impairing the efficiency of the collet ting service ; that in some departments of Government a degree of economy, or rather parsimony, has been introduced, calculated to injure the resources of the country ; and that with the single exception of the Scinde outlay, every increase of expenditure has been calculated to increase the efficiency of government. In so far as strict mercantile exactness can go, the finances of India have been well administered. Yet notwithstanding this exactitude, there is the permanent deficiency staring us in the face, and making itself felt in the diminished dividends of India stock, and the increased interest on the home Bond Debt. The inevitable inference from this state of affairs is that the Indian Government is, at this moment, as much deficient in the higher and vital qualities of statesmanship as it is irreproachable in the minor virtues of a steward or book-keeper. The steadily augmenting derangement in India finances is not to be cured by accuracy in accounting and the paring of details of expenditure, but by a bold and judicious revision of the whole financial and commercial system of Indi&.-Dailt/N.

The New Archbishop of York. — The Right Rev. Thomas Musgrave, D.D., is a native of Cambridge. His father, the late Mr. W. Peete Musgrave, was a woollen-dra-per and tailor, and obtained some notoriety about the end of the last century as a warm and liberal supporter of the Whigs, at a time when Whig advocacy, especially in a university town, displayed not a little courage in the partisan. Dr. Musgrave was born, we believe, in 1788 ; in 1806 he became a student of Trinity College, Cambridge; graduated B.A. (14th wrangler) in 1810 ; and was afterwards elected a fellow of Trinity, which fellowship he continued to hold until, he obtained a mitre in 1837 : and in 1811 he obtained the second of the members' prizes for middle bachelors, and in the following year the last of the same prizes for senior bachelors ; he proceeded M.A. in 1813; in 1821 he succeeded Professor Redouard in the Lord Almoner's professorship of Arabic ; in 1831 he was appointed to the office of senior proctor ; he succeeded Dr. Cresswell in the incumbency of St. Mary the Great, Cambridge ; he also filled the office of bursar of his college ; in 1837 he was appointed to the see of Hereford, and in the same year was created D.D. by royal mandate. In 1839 Dr. Musgrave married the Hon. Catherine Cavendish, youngest daughter of Richard, second Baron Waterpark. Dr. C. Musgrave, Archdeacon of Craven and Vicar of Halifax, is a younger brother of the Archbishop.

Remarkable Fact. —It appears that many of the French journals are conducted by Englishmen and Scotchmen, who write articles in a foreign tongue, and act just as well as nathre editors. One of the principal Havre newspapers is conducted by a Scotchman. The most important weekly newspaper of Paris is edited by tn Englishman. To one or

two of the daily newspapers, literary contributions from our countrymen are 'hot rarej and in the management of more, than one 61 the light amusrag periodicals of th& day, they take an active part. These facts- are a striking proof of our national superiority. And is it not really a remarkable thing, that Britons should manage French newspapers, should write in the French language on French affairs, for the information of Frenchmen ? la it not, too, a marvellous sign of the times, that instead of thinking' it a national duty to cut French throats, and hate Frenchmen, we dabble in their periodical literature ? What would our solemn old grandpapas say, if they were to see such things ?

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZSCSG18480527.2.11

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Spectator and Cook's Strait Guardian, Volume IV, Issue 295, 27 May 1848, Page 3

Word count
Tapeke kupu
752

MISCELLANEOUS. New Zealand Spectator and Cook's Strait Guardian, Volume IV, Issue 295, 27 May 1848, Page 3

MISCELLANEOUS. New Zealand Spectator and Cook's Strait Guardian, Volume IV, Issue 295, 27 May 1848, Page 3

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