... For once, no very great expectations are excited by the prospect of Mr. Gladstone's Budget, owing to the fact that the revenue has lost its forner elasticity. This, although in some respects an unpleasant pheno - menon, admits of an explanation which, if correct, is more welcome than the most brilliant of Budgets. When times were bad the working classes naturally curtailed their expenditure on ...

... xflid obtuiuald Rewd. TIlE ATTACIK ON BRITISH OFFICERS IN TURKEY. Capltain Selly, of her Miajesty's ship Falcon, who was Seriously wounded at 1t v a Ibjow fromi an axe hy an Ailbantan, is in a very precarious state, but te ?? alc not considerecl such as to preddcle tile hope of recovely. , pie me lin have decided that thle operation of trepanning Would l)C too 1\ to jusicn htify the attempt. ...

... * Although the h alf-yearly accounts of the Grand Trunk of Canada Railway Company indicated that the dividend in the Second Preference stock for the past half-year has been paid with difficulty the market for the stocks though dull lhas not given way. Low traffic receipts do not shake it much, and for a good reason. Thc accounts of the, current lhalf-year to date indicate that the falling-off ...

... THE DOOMT7 OF THE CHANNEL TUNNEL. A HUNDRED feet below the bed of the Channel lies the gigantic ruin of one of the greatest triumphs of human skill . . . and of the greatest mistake of which a record can be found in the whole history of our nation. So runs the mournful sentence which commences the latest ingenuity of Channel Tunnel literature in the new number of lfiatnmillan. It is only a ...

... CHARITY AT THE INNS 0F COURT7: THmu eminent persons who took part in the meeting of the Barristers' Benevolent Association last week are reported to have grievously com- plained of the scanty support afforded to the association by the members of the Bar. It appears that only a small fraction are subscribers. The slow- ness of the Bar to subscribe may be accounted for by something else than ...

... It is tolerably plain, judging alone by the state of the Consols market, that no geat confidence exists in the favourable development of affairs. Stock is arce for settlement, or rather it is wanted by those who have engaged to delielR and that is as much as to say that Consols have been sold by operators for the fall. For some time past the Stock Markets as a whole hae becll supported to a ...

... BAD PROSPECTS FOR INVESTORS IN AMERICAN STOCKS. 1 To the EDITOR of ihe PALL MALL GAZETTE. SIR,--The moral of your article on this subject would appear to be . that railways are a species of extravagance, and that it is only rich and highly developed States which can afford to indulge in such luxuries. Logically, therefore, it is not only the near future which you are entitled to regard ...

... A REPLY TO LORD PEMBROKE. To the EDITOR of the PALL MALL GAZETTE. Sly,-In a letter which appears in your columns to-day Lord Pembroke once more combats the argument in favour of the compulsory liquidation of arrears which has been drawn from the late frequency of evictions in Ireland. At the same time he has also in a letter to the Thntes stated: most fully and ably the case, such as it is, in ...

... ?? -c-beftialrd: -,Otwdo WAR PREPARATIONS. Orders were received at Aldershot, Portsmouth, and other stations yester. day for all cavalry, field baiieries, &c., tunder orders for active service to ulraw ;to'draw their, stores and complete. all Arrangements at once, so as to be in irhmediate readiness. f In addition to the 7th Dragoon Guards and 19th Htussars, the folloli cavalry have received ...

... I1011 THE RIFVAL POLICIES LOOK TO-DA Y. TrX, the corrector where our judgments err, the test of truth, is doing its worl, and as a result the star of the Liberal party is once more in the ascendant. The remarkable revival of Liberal popularity, and the sudden extinction of the hopes recently based oln a Conscrvative reaction, are attributed in some quarters to the popularity of the war. That ...

... PARLIAMENTAR Y SUMMARY. HOUSE OF COMMONS. - THE House yesterday was again engaged during the whole sitting in Com- mittee on the Crime Prevention Bill. At the commencement more than an hour was wasted in discussing the precise interpretation of Mr. Gladstone's concession at the previous sitting in regard to the right of search, which it was said the Home Secretary had to some extent repudiated ...

... NATIONALIZAT.ION OF LAND. To the EDITOR of 'tue PALL MALL GAZETTE. SIR,- Agreeing with you that the above theory as propounded by Mr. George is likely to tempt the masses much more than is comlrnm0ol imagined, ILregret extremely that Mr. Fawcett, in his mention of it the otlhe day, did not put forward the real argumnent against it. Mr. Fawcett said tiht lthe aeisiver- tcit was, Would the State ...