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Otago Daily Times, Issue 1792, 27 September 1867, Page 4

Taxation m AwaarcAi-rltis safdthafe a well-known draper of New Yorlc,, supposed to be the richest tradesman jn the world, has lately returned to the incometax collector one-tenth' of his -last.year7*profits ; and it Js scarcely a subject for regret that the excessive luxury whiek. contributed largely to the revenue has been ; effectually. ; checked. A country such as Federal America cannot be really and permanently impoverished by any interruption of commercial activity ; but the capacity to pay taxes may vary greatly with the prosperity of trade, and: it is highly improbable that money will be> forthcoming for the reduction of the debt while all. classes are complainingjof intolerable burdens. -The people of. the United States are justly proud of their daring originality, and' they have regarded with; much complacency their own success in borrowing, during a four years' war witfe an inferior enemy, about the same amount which enabled England to contend for twenty years against half the Continent of Europe. A more legitimate ..satisfaction would' have been create^by the reverse process of removing' the.,national burden with equally unprecedented rapidity. —Saturday Review; '■ ' - Thuowing On, on Tkottbusd Waters. —The following ; strange statement i» made in the Journal, dnMavre: —" A. merchant captain who has been at sea twenty years, ten, of them in command of ships, writes that twice in the course o£ that time he saved his vessel by oiling; the sea. ' When the master of a ship,* says he, ' cannot escape from a tempest— that is, when his vessel is disabled, and has to support all the force of the wind— let him spread two or three gallons of oil, if he has them, drop by drop, by th& side.of the vessel. IHe will theij. have a calm sea to: the windward, for the • sea breaks the moment it comes in contact with the oil, and the vessel will remain in tranquil water so long as the oil? may flow. In 1864, in the most violent gale T ever had, I lost my- sails an 4my rudder, and", my ship could not hkye resisted the sei for an hour if I had not had oil on board. ' Five gallons 6f i;6il^ lasted me fifty-s.bc hours, and saved the ship, th» cargo, and the livesof my men. Let vessels of large tonnage have two reservoirs of forty gallons each, placed on one side,. the other, on the other, with a cock to let the oil flow the moment it is needed. Let small vessels* have reservoirs of tea gallons—the boats of vessels reservoirs ot five gallons—-all well filled ; and, iia caseof wreck or fire, the boats and vessels cait make themselves & calm sea; in the event of there being a. gale. This very simple system will save numerous vessels, many lives, and thousands in money.*" It is * pity that the discoverer does.not give his name, and that of the ships he has contmanded, also tite;dates on which, the precise spots where, and the circumstances, under which, he U3ed the oiL

That most flippant of diplomatists, Prince S&kwartzenburg, was so grossly impertinent as to remark sneeringly to Lord: Ward that English diplomatists spoke shocking bad French. "Ah," said the English nobleman, to the satirist, "you must remember that* we have not had the advantage of hasiog oupcapital cities so often occupied by Frensh; troops as some of the continental natioi»»" This sharp comment on the GermanTs textwas as creditable Lord Ward a& a jeply: of an English ambassador to Napcle3% at the time of the rupture of the peace off jguaiens. "I will make an attack on Englajxjj;" said.' tiie First Consul, in a burst'of fury % to Lord Whitworth. " That is your aSa.^ sir," was the reply. " I will annihilate s^k,* roarett the Consul " Ah, sir, that ii otir afiFjuTj'* was the calm and noble, reply %£ the representative of a great people. .

"Do you sco thai; fellow Jottjjging there doing nothing?" said Oiarejis • to f Jenkins. " How does he live—by hW wils ?'* " Oh-, no, he's a caiinibal." '^'^A? cannibal?* " Yes, a canniball! he livea 6a. other people." Fklix M'CAETHYi of the Kerry S&ifitia* 'was generally late on parade. 'J Ah, Felix,'* said the sergeant,, -Tyou^ arealways last. 1* " Be. aisy, §ergejuit Si«llivan, v 'w»B W8 reply j "sure sblae QttQiftuat he l^t,"