A CANDID OPINION.
"UNABASHED MIGAWBERISM." (Received May 10th, 4.2 p.m.) LONDON, May 9. The "Spectator" says that tho Budget discourages tho working classes from making adequate provision for old age, and that so complicated, harassing, and unpopular a pension scheme will not last for two years. "Mr Asquith's Budget," it continues, "is unabashed Macawberism, and such juggling is only a deferred payment bill both as regards pensions and increased naval expenditure. Any succeeding Government is certain to have recourse to tariff taxation, thus destroying freetrade." The "Daily Telegraph" says that the Budget is a huge evasion and an immense effort to deceive the nation. While tho cost of introducing a policy of such stupendous weight is appareu;ly only £1,200,000 for the first yeain the second year tho cost will be six million, and ultimately mearly tliirty million.
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Bibliographic details
Press, Volume LXIV, Issue 13112, 11 May 1908, Page 7
Word Count
137A CANDID OPINION. Press, Volume LXIV, Issue 13112, 11 May 1908, Page 7
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