The Melbourne correspondent of the ' Daily Times ' says : — The whole of the Government budget proposals have been agreed to in Com mittee of Ways and Means, but they will yet have to undergo revision be fore they can be finally passed into law, and there is no saying what may be the result. There is no doubt that the Income Tax is very unpopular with all classes, although it will not in any way affect the masses. However, the Assembly passed it by a majority of 37 to 28. A proposal had been submitted which will render the tax still more un popular, but rather with the few than with the many. It has been proposed to tax incomes derived from sources outside the colony but yet received by persons residing within the colony; and in this way squatters residing in Mel bourne and drawing* an income from stations situated in Riverina would be compelled to pay on the whole income so derived. This policy would be simply suicidal, and would drive away from the country in sheer,, disgust numbers of capitalists and men of means who spend their money in Victoria. But the great cry is how to make the rich men pay ; and yet the laboring classes, and it may, perhaps, be added that the loafing classes, are those who are making the most noise about the proposed taxation. The proceedings in. Parliament are being conducted with a little more dignity, and at any rate some work is being done. The Ministry will as soon as possible pro rogue, as- the Parliament must meet again before June, when a financial year commences. The Opposition are still stumping the country, and the great object of the Berry party is to get back to place and pay ; but they will have to wait a little longer, as Sir James does not intend to give up the reins until he is obliged to ; and as the Parliament expires by effluxion of time at the close of the year, he "will be at the head of affairs when the next ap peal to i the country is made. i

Tbe Lightning Calculator is doing an open air show at Wellington. He an nounces ;— Poors open at both, ends of the street, performance to commence soon afte>. Admission — nothing, children half price. 