Tue Budget proposals of Mr.. Goschen were received with great favour in the House of Commons, and, as far as we can judge from the comments of the rome newspapers, by the country.
ere were many points in his favour. He had a surplus, and the possession of this always put the House and the country in a good humour; he had saved nearly a million sterling in the diture, and he proposed to divide the relief which the surplus enabled him to give nearly equally between tax payers and ratepayers. Some of the new taxes or increases which he proposed were grumbled at, such as the horse and wheel taxes, which it was said would fall heavily on the farming interest which is now unable to bear further burdens. Mr. Chaplin, who always appears in the House as the farmers' friend was particularly sarcastic on the term "pleasure horse" these being the animals whose owners are to pay £1 8 year of tax. The Chancellor proposed not to tax colts and foals Hea Mr Chaplin asked if stallions would also be exempted, to which Mr. Goschen, in replying, said that Hermits could
Text read from the printed page and cleaned; old type leaves the occasional error.