BRITAIN’S FINANCES.
THE BUDGET DEBATE MR CHURCHILL'S SPEECH Press Association—By Telegraph—Copyright. ■ , LONDON, April 29. (Received April-30, at IvlO p.m.). In the House of Commons, Mr Winston Churchill said it was difficult to take a highly controversial view of the Budget, seeing that Mr Snowden had adopted the_ whole of the series of expedients which he himself had devised and practised. The Budget was really memorable because the Labour Chancellor, despite party pressure, ‘and .in the teeth of the doctrines of a lifetime, had declared by his action that in the present circumstances the limits of direct taxation had been reached. He agreed with Sir Austen Chamberlain that tariffs, based on the need of revenue, must become a means of striking new bargains with foreign countries, which, if wisely handled, might play an important part in welding together production and consumption in the Empire before the present process of dispersal and disintegration reached the , final stage.
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Evening Star, Issue 20780, 30 April 1931, Page 14
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155BRITAIN’S FINANCES. Evening Star, Issue 20780, 30 April 1931, Page 14
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