Faucet with a discharge spout serving as a valve lever

A faucet comprising:

• a faucet body including a closed end, an open end opposite to said closed end of said faucet body, and a water inlet disposed between said closed end and said open end of said faucet body so that water can be introduced into said faucet body through said water inlet;
• a valve tube journalled within said faucet body such that a liquid-tight seal is established therebetween and including a closed end adjacent to said closed end of said faucet body, an open end extending outwardly of said open end of said faucet body, and an opening disposed between said closed end and said open end of said valve tube, said valve tube being rotatable within said faucet body to a close position, where said opening in said valve tube is not fluidly communicated with said water inlet in said faucet body so as to prevent flow of water therethrough, and an open position, where said opening in said valve tube comes into alignment with said water inlet in said faucet body so as to allow maximum flow of water therethrough;
• a retaining member interconnecting said open ends of said valve tube and said faucet body so as to permit rotation of said valve tube within said faucet body and so as to prevent movement of said valve tube within said faucet body;
• and
• a discharge spout including an open coupling end connected fixedly to and in fluid communication with said open end of said valve tube, and an open discharge end having an end surface that is formed with a water outlet, said discharge spout being rotatable about said valve tube to a non-discharging position, where said valve tube is disposed at said close position, and a discharging position, where said valve tube is disposed at said open position so that a maximum amount of water can be discharged downwardly from said discharge spout and where said discharge end can be pushed upwardly to turn said spout to said non-discharging position.