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THE NATIONAL FINANCES.

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THE NATIONAL FINANCES. It appears, from the official abstract just issued, that the gross revenue of the United Kingdom for the year ended June 30, was £89,824,436, an or the quarter ending on the same date £20,796,13 ih net increase during the twelve months amounted to JES.784,368, the excise alone showing a decline to the extent of 2295,000. On the quarter there is a net increase of £819,982, the excise exhibiting an im- provement of £30,000, while stamps indicate a falling off of £10,000, and miscellaneous of £134,747. The increase on property and income tax during the three Months is set down at £760,000. The Daily News comments upon the Quarterly Revenue Return in a leader, from which we make the following extracts:— The first quarter of the financial year ended cn Saturday, and the results are fairly satisfactory. Of course, it is too early yet to form any opinion as to the outcome of the whole twelvemonth. The first three quarters yield usually only about two-thirds of the year's revenue, the remaining third being collected in the last quarter. For that reason alone it would be un- safe to draw an inference with much confidence from the productiveness of the first three months, so much may happen to derange all calculations before Christ- maa has come and gone. But, furthermore, the con- ditions now governing the yield of tha taxes are those rather of the past nine months than of the future. If the glorious weather now favouring the growth of the craps continue?, the harvest will be good, and a good harvest cannot fail to make the revenue mora productive. A turn in the fortunes of the farmers will have a grea* effect upon the whale of the agricul- taral classes and upon all the trades dependent upon agriculture, and will stimulate the prosperity of the whole community. At the same time, abundant harvests at home and abroad will enaure cheap bread for the coming year, and thus will make the wage? cf the working classes moreeffective and if the beneficial effects of a good harvest are heightened by tho pre- servation of peace in the far East as well as in Europe, the revenue will yield still more bountifully. Agriculture is still the greatest single industry in the country, and necessarily, therefore, its depression must be felt by the whole community. For several years we have nut go; out of our own scil all that we were ia the I;abít of extracting from it, and we had to f fb»pply the deficiency from foreign sources, paying for what we bought with the produce of other industries. We were thus poorer than we should have bee u had the season been more propitious. But although the old elasticity baa not returned to the revenue, the Returns furnish evidence that the country is fairly prosperous. Profits are not so large as in periods of good trad", speculation is absent, and wag-es are low. But, on. the other hand, profits, if not large, mu*t ba fairly remunerative, oc production would not be continued na tho present large #caie. The absence of speculation conduces to the soundness of trade. And wages, if cot high, go farther than at many periods when they were nomi- nally higher. 8) far an the present is concerned, then, we have every reason to be content. And the future prospect is also good- The character of the harvest will influence the result moro J&rgely than anything else4 and the promise of the crops is splendid.

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EXTRAORDINARY BALLOON ADVENTURE.

DEATH FROM SUNSTROKE IN LONDON.

A DISPLAY OF LIFE-SAVING APPARATUS.

BANQUET TO MR. IRVING.

SINGULAR ACCIDENT TO A MAIL…

,■[>-k-J■rzz/ GREAT FIRE AT…

RETURN of the SOUDAN EXPEDITION.…

ROYAL VISIT TO EASTBOURNE.

AN ELECTRIC GUN.

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THE HEALTH OF THE TROOPS IN…

SIXPENNY TELEGRAMS.

AGRICULTURAL HOLDINGS IN IRELAND.

STEAMING THROUGH AN ICEFIELD.

CONVOCATION AND THE DECEASED…

THE COMING HARVEST.

THE HAY CROP OF 1883.

THE CHURCH ARMY.

LORD EGERTON OF TATTON ON…

CHURCHES AND CHAPELS IN NEW…

THE CHARIOTS OF PHARAOH.

THE DUKE OF CAMBRIDGE UPON…

THE PARCELS POST.

THE SUNDERLAND DISASTER

THE IN T ERN A T ION A LA…

EXTRAORDINARY DEATH.

THE ELECTRIC LIGHT AT THE…

THE LONDON CORN MARKET.

AN ASYLUM DESTROYED BY FIRE.

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HOW A LOCOMOTIVE WAS RAISED…

THE BOMBARDMENT OF TAMATAVE.

SERIOUS FIRES IN LONDON.

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