WIDESPREAD CRITICISM
SILK TAX AND INSURANCE
'A PLEA FOR THE CHANCELLOR'
(UNITED PBES9 ASSOCIATION—COPSRIQIIT.) ' (AUSTttALIAN-NBW ZEALAND CACLB ASSOCIATION.) LONDON, 3rd May. Mr. Churchill's Budget has been the subject of au increasing volume of criticism during the week-end. The chief points of attacks are the silk duty and the added burdens to industry in consequence of the extensions of the insurance scheme. "Reynold's News" goes so far as to say that the silk duty will be withdrawn and the' insurance proposals will be modified, postponed, or withdrawn entirely. The effect of such a withdrawal -would be to cut the heart out of the Budget entirely. There is no doubt, however, that the Budget proposals are undergoing review at the Treasury, and modifications of the original proposals are not uulikely. Mr. J. L. Garvin, discussing the.Budget in the "Observer," says:—"Britain has been kept down by an unexampled taxation No mortal man could put this situation right by one 'first Budget. The work can only be done by a connected series of Budgets. The nation never had a clearer or graver duty than to strengthen the hands of its Chancellor."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19250504.2.29.1
Bibliographic details
Evening Post, Volume CIX, Issue 102, 4 May 1925, Page 5
Word Count
187WIDESPREAD CRITICISM Evening Post, Volume CIX, Issue 102, 4 May 1925, Page 5
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.