THE HOUSE OF COMMONS.

Press, Volume LXVII, Issue 20225, 1 May 1931, Page 11

THE HOUSE OF COMMONS.

BUDGET DEBATE. CHALLENGE TO TARIFF ADVOCATES. (Mimsa OFnci.it, wiheless.; (Received April 30th, 5.5 p.m.) RUGBY, April 29. In the House of Commons the Budget debate was resumed. Sir Herbert Samuel (Liberal) said tho chief point which struck him was the enormous strength of the financial position of the nation in a time of extreme trade depression. With a substantial portion of workers unemployed the nation had been able to meet its just liabilities. He rejoiced that in the Budget the Chancellor of the Exchequer was able to exhibit the vast financial resourcos of the country under Free Trade," and he challenged the advocates of tariff to point to a Protectionist country which had achieved so much. He welcomed the proposal for taxation of land valiies. MR WINSTON CHURCHILL. (CXIIED PttBSS ASSOCIATION-—BV ELECTRIC TELEGRAPH— COPYRIGHT.) LONDON, April 29. In tho House of Commons, Mr Winston Churchill, a former Chancellor of the Exchequer, said that it was difficult to take a highly controversial view of the Budget, seeing that Mr Snowden had adopted a whole series of expedients, which he himself devised and practised. The Budget was really memorable because a. Labdur Chancellor, despite Party pressure, and in the teeth of the doctrines of a lifetime had declared by his action that in tho present circumstances the limits of direct taxation had been reached. He agreed with Mr Neville Chamberlain that a tarilf based on the need for revenue must become a means of striking new bargains with foreign countries, which. wisely handled, might play an important part m welding together the production and consumption of tho Empire before the present process of dispersal_ and disintegration had roacheu its final stage.