Note 16 — Chapter X

[It turned out to be so. On April 30th the Chancellor of the Exchequer introduced his Budget. He proposed to meet the deficiency in the revenue of 2,421,000ℓ. by an increase of the duty on Colonial timber and a reduction of the duty on Baltic timber, and by a reduction of duty on foreign sugar. The debate lasted eight nights, and on May 18th Ministers were defeated on the sugar question by a majority of 36. On May 7th Lord John Russell had given notice of a resolution to reduce the duties on corn to a fixed sum. On May 24th Sir Robert Peel gave notice of a vote of want of confidence in the Government, on which the House divided on June 4th, Ministers being beaten by a majority of one.]