BUDGET AND LIQUOR.

Dominion, Volume 2, Issue 502, 8 May 1909, Page 5

BUDGET AND LIQUOR.

CRY OF THE BREWER'S. .. TOBACCONISTS ALSO PERTURBED. V ADVANCE IN PRICES. (DY TELEGUAPH —PRESS ASSOCIATION —COPYRIGHT.) London, May 0. Mr. E. N. Buxton, chairman of directors of the brewing firm of Truman, Hanbury, Buston and Co. (total capital £3,515,000), and Mr.; Whitbrcad, head of, the browing firm of Whitbrcad and Co. (total capital £4,870,043, including loans), have written to "The Times" criticising the Budget's now taxation proposals. They state that their two ,browing companies must hereafter pay £104,745: per, annum in increased licenses, though their annual profit is only £61,300. Manufacturers have' increased by 10 per' cent, the price of Eau de Cologne scents and drugs, containing, spirits, ■" also . hairwashes." '' The retail price of tobacco has been increased by a halfpenny per ounce. A meeting in London, claiming to represent 200,000 tobacconists, complained that the increased duties ' would necessitate "the employment of 25 per * cent. • more capital, and would ruin half the' small, retailers. '' ; j Retailers aro charging fourponco per gallon extra on petrol. PROTEST FROM STOCK EXCHANCE. GRAVE OBJECTION.' London, May' 6. .[ The committee of the Stock Exchange has informed, Mr.' Lloyd-Georgo,, Chancellor of the. Exchequer, that some of his Budget proposals are open to grave'objections. Mr. Lloyd-George has offered; to receivo a deputation on the subject on May 13. DEPUTATIONS TO THE CHANCELLOR. HE HOLDS HIS HAND. (Rcc. May 7, 10.55 p.m.) London, May 7. ' 'A "mooting in London of peoplo interested in the licensed trades; including distilleries, emphatically protested against what is deemed the ruinous increaso' in: duties and licenses. '-• A deputation informed Mr. Lloyd-Georgo (Chancollor of tho Exchequer) that the oroposed increase in tho 7 tobacco duties ; would lead to the discharge of half of the cigarmakers. . . ' : Mr, Lloyd-GeoTgo intimated that ho would hear every- doputation in the matter before coming- to a' final decision .concerning the possibility' t>( modification of his proposals. •;