INCREASED EXPENDITURE
MR. SNOWDEN'S ATTACK
THE BURDEN OF PENSIONS.
(DX.TED TRESS ASSOCIATION—COPISIGST.)
(RETJTES'S TELEaRAiI.)
LONDON, 29th April.
In the Houss of Commons during the Committee stage on -the Budget, Mr.P. Scowden declared that the increased expenditure was not justified. The expenditure on the Navy should have been reduced, instead of increased. The Budget, apart from women's pensions, was the worst rich-man's Budget ever introduced. Tho pensions scheme would imposo a burden of fourteen millions annually on the industries of the country at a time of unparalleled industrial depression.
Sir Alfred Mond doubted the wisdom of returning to gold payments. He deplored the burdens laid on industry by the growing system of social insurance, while the silk duty would injure one of the most important textile industries. Sir Robert Home championed the proposals. He declared that the preferential system had been of immense benefit to British trade. "We see, from the events in South Africa, the result of our failure to give reciprocal terms to a country like that." :
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19250501.2.57.1
Bibliographic details
Evening Post, Volume CIX, Issue 100, 1 May 1925, Page 7
Word Count
168INCREASED EXPENDITURE Evening Post, Volume CIX, Issue 100, 1 May 1925, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in