ing a budget:--

REVENUE. EXPENDITURE.
Drachmas. Drachmas.
1842, estimated at 17,834,000 1842, . . . . 19,395,022
1843, . . . . 14,407,795 1843, . . . . 18,666,482

We may remark, that not the smallest reliance can be placed on these
budgets for the years 1842 and 1843. We are informed that 1,000,000
drachmas of the revenue of 1842 were still unpaid in the month of May
1843.]

We shall now endeavour to explain why the king's government has proved so
inefficient in improving the country, and afterwards examine the various
causes of its extreme unpopularity. To do this, it is necessary to state
what the government has really done; and also, what it was expected to do.
We shall try as we go along, to explain the part the protecting powers
have acted in thwarting the progress of improvement, and in encouraging
the court in its lavish expenditure and anti-national policy. It must,
indeed, constantly be borne in mind by the reader, that the three
protecting powers in their collective capacity have all along supported
the government of King Otho--and that even when the _Morning Chronicle_
called King Otho an idiot, and Lord Palmerston quarrelled with him and
scolded him, still England joined the other powers in continuing to supply
him with money to continue his immense palace, and pay his Bavarian
aides-de-camp. We may add, too, that if it had been otherwise, had either
Great Britain, France, or Russia, deliberately abandoned the alliance,
King Otho would immediately have ceased to be King of Greece, unless
supported on his throne by the direct interference of the other two. Had
the Greeks not looked upon him as the pledge that the protecting powers
would maintain order in the country, they would have sent him back to his
royal father, as ornamental at Munich, where an additional king would
make the town look gayer, but as utterly useless in Greece. Though,
England, France, and Russia, have therefore each in their turn acted in
opposition to King Otho, still they have always as a body supported his
doings, right or wrong.

Let us now see what the government of King Otho has done for Greece. From
1833 until 1837, Greece was governed by Bavarian ministers, and
accordingly the king was not considered directly responsible for the
conduct of the administration. These ministers were Mr Maurer, who, during
1833 and part of 1834, directed th