BUDGET AND VETO.

Dominion, Volume 3, Issue 774, 24 March 1910, Page 7

BUDGET AND VETO.

ARMY, NAVY, AND CIVIL SERVICE ESTIMATES. INCREASED BY £9,000,000. ANOTHER TWOPENCE ON INCOME TAX. MR. ASQUITH'S RESOLUTIONS. By Telegraph—Press Association-Copyright (Rec. March 23, 9.30 p.m.) ! London, March 23. I The "Telegraph" states that the Army and Navy and Civil Servico estimates will be increased by £9,000,000, necessitating another. twopence on the Income Tax, and the reimposition of the full-sugar duty in tho next Budget. exchequer bonds. twice, subscribed: (Rec. March 23, 9.30 p.m.) London, March 23. The issue of Exchequer bonds has been twice subscribed.

'"The Times" states that many subscribed believing tho bonds would be covered sixfold. Consequently they now possess much more than they wanted! The bonds are quoted at oneeighth 'discount. ' ■ : THE UNIONISTS. MEETING TO CONSIDER VETO RESOLUTIONS. : (Rec. March 23, 9.30 p.m.) London, March 23. The Unionist party will meet on Tuesday to consider Mr. Asquith's veto resolutions. Mr. Balfour will then have returned from Cannes; MR. REDMOND INTERVIEWED. POSITION UNCHANGED. , '~ .(Sec. March 23, 9.30 p.m.) .' ■ London, March 23. . Mr. Redmond, states that his interview, with Mr. Lloyd-George has left the'position absolutely unchanged. LORD ROSEBERY'S RESOLUTIONS. BROAD/ PRINCIPLES OF REFORM. (Rec.' March 23, 10.50 p.m.) London, March 23. The House of Lords, by 175 votes to 17, agreed.to Lord RoseberyV third resolution: : "That a necessary preliminary to the reconstruction of the House [ of Lords is the acceptance of the principle that the possession of a peerage no'longer of itself gives tho right to sit and vote in the.House of Lords." 'Lord Halsbury and Lord Wemyss acted as tellers for the non-contents.-1 Lord Crewe stated that some such motion was necessary as a preliminary to any reform of the constitution of the House of Lords. Although the Government intended' to deal first with the relations of tho two Houses, they had never abandoned the question, of reform. '■■.- '.

Lord : Rosebory suggested that' the Lords - should consider further resolutions after Easter, with tho view of laying down the broad principles upon which reform should proceed, but it was the ■ business of the Government to introduce a Bill. ' "■THE NEXT ELECTION. PREPARATIONS FOR A KEEN . . CONTEST. '.■'...■ ' By Teleeraph—Prose Associatlon-Oopjrlsht .•■■■■ ' . London, March 22. The Conservatives are determined to fight every constituency thev contested during the last campaign. ■• . ' . Mr. Joseph King (Liberal) has intro-. duceda Bill providing-that the elections shall take place on one day. Sir H. Kimber (Unionist) has introduced a Reform (Redistribution)' Bill. THE VETO PROPOSALS. •VIEWED ON PARTY LINES. London, March 22. The. Government resolutions are . approved or disapproved according to party lines. - The Nationalists,, withhold their opinion pending a statement by the.Prime Minister as to how the Government proposes to give effect to. bis scheme in the event of the House of Lords : rejecting the resolutions or postponing its decision. THE INCOME TAX. "CREATING FINANCIAL CHAOS." London, March 22. In tho House of Commons, Mr. A. D. Steel-Maitland, Unionist member for Birmingham East, accused the Government of creating financial chaos. Mr. Austen Chamberlain (ex-Chan-cellor of the Exchequer) asked how the Government was justified in deducting income tax from the salaries of pnbb'c officials if it was illegal to collect from unofficial persons. Mr. Lloyd-George (Chancellor of tho Exchequer), replying, ridiculed the supposition that tho Treasury should beg for payment of income tax when it was unable to enforce the demand.

Mr. J. G. Butcher (Unionist) is urging the Government to take immediate steps to legalise the collection of income-tax, because many millions aro in the-hands of banks and companies throughout the country, and some of this the companies might possibly liq'uidat*. .