The Election Budget Size:Standard: 6 x 4in View of boats on the

View of boats on the edge of the River Thames near Battersea

Mr Punch hopes that the spirit of Christmas will prevail

at Lake Ullswater

On her wrist is the menacing eagle of war representing the American Civil War

The Election Budget Size:Standard: 6 x 4in View of boats on the'The Election Budget', 1865. Gladstone exclaims I Think, Mr Bull, We may now Reckon on Your Support! Gladstone gives John Bull some pennies and his wife a packet of tea. Mr Punch takes a regular look at Mr Gladstone's Budget. The 1865 proposals worked from a position of a surplus of some 4m, as shown on the sack at Mr Gladstone's feet. Income tax was reduced by 2d in the pound, bringing it from 6d to 4d and Mr Gladstone gives the man of the household,