ENGLISH NEWS.

New Zealand Spectator and Cook's Strait Guardian, Volume IV, Issue 307, 8 July 1848, Page 4

ENGLISH NEWS.

The most important business before Parliament was the production of the Chancellor of the Exchequer's annual Budget, and a very curious budget it is. Lord John Russell explained a considerable deficiency in the revenue, and proposed a remedy, by an increase of the Income Tax. This proposal was resisted at several public meetings throughout the kingdom, and a more efficient course insisted upon, namely, the redaction of all Government salaries, from that of the Queen herself to that of every functionary having a salary not less than £500. In consequence of this prompt and energetic movement, Lord John Russell has abandoned the increase of the Income Tax ; but whether the deficiency will be provided for by the plan proposed by the people, namely, the judicious reduction of large salaries, time must determine. The feeling of the British public is however extremely strong upon this point, and may lead — as we hope it will — to the most beneficial "results. * - ' The Lord Primate of England, Bis Grace the Archbishop of Canterbury (Dr. Howley), had died, and had bees * succeeded by Dr. Sumner, Bishop of Chester. " The Rev. George Waddington, D.D., was expected to be the new Bishop of Chester. There is good reason to Relieve, according to the London journals, that the system o f embarking emigrants in the Thames will be shortly abandoned, and that the now very extensive system of emigration which Government is conducting to all the Australian colonies, the Cape of Good Hope, &c, will be managed on the principle of putting the emigrants on board at Southampton to the extent of several thousands annually. Sir Edmond Head has been appointed Lieut,-Governor of New Brunswick. Mr. Bunn has obtained a verdict against Jenny Linn for £2500.