2 JANUARY 1864, Page 8

Two telegrams of exactly opposite tendency have been received this

week from Japan. According to one (French), the Prince of Satsuma has persuaded the Tycoon to agree to the expulsion of the foreigners ; according to the other, the Prince has yielded, pro- mised to pay compensation, and erected a mausoleum to the memory of Mr. Richardson. The second is the more trustworthy, because it is English ; the first the more trustworthy, because in accord with all that has formerly been received.

REVENUE FOR YEAR ENDED 30Th JUNE, 1863.

Taxation ... 22,279,981 Loans 155,836,472 Balance 30th June, 1862 2,608,708

Total Receipts... ... 180,225,111 1.80,225,111

Customs Lands ... Miscellaneous Direct tax ... Excise and Inland ... 13,811,928 33,523 609,303 297,020 7,528,157

EXPENDITURE FOR YEAR ENDED 30rs Just; 1863. £

Redemption of Debt ... 36,217,527 Interest on Debt ... 4,945,969 Civil Service ... ... 4,650,784

Pensions and Indians.. 848.304

War ... ... 119,859,720 Navy ... ... 12,642,221 Total Expenditure ... 179,159,525 Balance 30th June, 1863 1,065,586

Deducting the expenditure on the redemption of debt, which is, of course, a mere substitution of one loan for another, and appears OR both sides of the account, the actual expenditure of 1861-2 appears to have been 143,000,0001., of which very nearly 120,000,0001. was spent on the army and only 12,642,0001. on the navy ; the former, therefore, costing just ten times the latter. The partly actual and partly estimated account for 1863-4 is as follows:—

RECEIPTS FROM

First Quarter, Actual.

JuNE 80, 1863-64.

Last Three Quarters, Total.

Customs 4,512,408 10,000,000 14,512,408 Excise, &c. 8,519,942 12,000,000 15,519,942 Lands ... 27,286 60,000 87,286 Miscellaneous ... 128,308 1,000,000 1,128,308 Total Revenue ... 8,187,889 23,060,000 31,247,889 Loans ... 25,968,486 91,664,205 117,682,691

Mr. Chase's financial report has now been received in detail. He gives us first the actual account for the year ended 30th June, 1863. Turning dollars into pounds sterlings at 5 dols. to the pound, this is as follows :-

Total Receipts ... 34,156,375 ... 114,724,205 ... 148,880,580

APPROPRIATIONS ASKED FOR, 1863-64.

First Quarter, Actual. Last Three Quarters. Total.

Interest on Public

£ £ Debt ... ... 856,725 ... 10,976,801 ... 11,883,026 Civil Service ... 1,443,387 ... 5,410,175 ... 6,853,562

Pensions & Indians

342,254 ... 1,225,808 ... 1,568,062 War ... ... 28,877,494 ... 148,218,407 ... 177,095,902 Navy 3,702,324 ... 18,893,514 ... 22,575,837

35,222,184 ... 184,724,205 ... 219,946,389

Of this amount Mr. Chase estimates that the appropriations asked for will exceed the actual expenditure by 70.000,0001., leaving the actual expenditure of 1863-4 about 149,000,0001., or about 6,000,0001. more than the previous year. Why he asks for so much more than lie wants he does not inform us.