30 MARCH 1872, Page 3

It tppears from an official minute quoted by Mr. R.

Elliot in this ronth's Fraser that Lord Mayo was latterly strongly opposed to tb financial fidgettiness of the British Government in India. On hcl October, 1870, he recorded his opinion that the constant increse of taxation had produced discontent among all classes, -that this discontent was a political danger the magnitude of whicican hardly be over-estimated," that "any sentiment of dis- natisktion which may exist among the disbanded soldiers of the Natil Army is as nothing compared with this feeling," and he -therere recommended reductions in the Madras Native Army. Sincthis was written nothing whatever has been done to soothe this imontent, and we venture to believe nothing will be. The IndimBudget for this year is to be a prosperity budget, and the incomtax may be reduced, but it Will not be given up, and no -other a will be taken off. No Indian financier ever can bear to give o a tax, and except the celebrated house tax which was istopri by the revolt of Benares, we cannot remember that any rate ice imposed has ever been withdrawn. That fact does not -tend i make new rates or taxes popular.