THE BRITISH BUOGET.

Bush Advocate, Volume XXI, Issue 303, 26 June 1909, Page 3

THE BRITISH BUOGET.

Tress. Assn— By telegraph— Copyright. LONDON, vesterday. An onont'o'i meeting ' protest agaiiDs". ihe IV <^;t was 1 !d in the j city. Sen u- -s of leadiiV^ commercial j meiij i!aiilver>7"iyi(l^investoviv-^trf "all creeps and parties were present, and there wn< great enthusiasm. Lord Rothschild was chairman, and contradicted several of Hon. Lloyd-George \s statements, affSctinpc methods of taxation in Germany and France. He acoiises the G-overninent of attempting to establish Socialism and Collectivism. Lord Avebury said that during •sixty yeans, he had never.- known such a reicurkable meeting. It was not a polir-Jool demonstration, but a Jinanciai and economic protest. He severt-ly criticised' the Budget, which would give a larger revenue than was required. Sir Felix Schuster said many present could tell 3lr Asquith where British capital Mas going in order to ■evndf* the now taxation. The speakers included' the President -erf the City of London Liberal Association, and many other, .prominent Liberals were present. , The House of Commons, by 322 to 177, T*ject£cl Mr T. A. Herbert's 'amendment to reduce ihe increment duty io 5 per cent. Several Liberals supported and others abstained. A f r.uitWs discussion upon the proposal to grant municipalities half the proceeds of the increment duty" followed.