IMPERIAL POLITICS.

Greymouth Evening Star, 9 April 1910, Page 4

IMPERIAL POLITICS.

LATEST CABLES

EFFECT OF TARIFF S REFORM THE VETO RESOLUTION . [PER PRESS ASSOCIA«tbN-i-COPYRIOHT.] Received this day at 8.50 a.m. LONDON, April 8.

In a letter to the newspapers in reply to Mr Storey's speech in favour of fiscal reform, Mr Barnes (Labour M.P.) asserts that Tariff Reform is a fraud, will intensify industrial difficulties to enable monopolists to furtiler exploit labour and consumers He adds: The Labour Party believe that landlordism and monopoly are the real causes of want of employment. • lii the House of Lords Lord Avebury declared that the action of tho Government in not passing the resolution authorising the Income Tax resulted in a loss of £2,000,000, whereon the interest was £BOO,OOO. A fall in national securities was the censequence. Lord Crewe replied that the Government was responsible for the management of the taxpayers' money; also the guardians of the Constitution, and a conflict had arisen between the two functions.

There was an excited uproar in the House of Commons on the first veto resolution which was carried by 339 votes to 237 Mr G. Cave moved an amendment in favour of a joint session in the event of a difference between the two Houses relating to money bills Hon. Lloyd George declared if; was impossible with the present disparity of the parties in the House if Lords. It was an experiment that the Australian Houses should sit together in the event of differences over fir.uieial matters. But they wore *looted by tho same constituents. During the debate on tho veto resolution Mr Keir Hardie, arguing that Labour representatives were not favorable to extravagance, incidentally remarked that the finances of Australia had got into such a condition under Liberal and 'J'oiy administration that the Labour Party had been summoned to power to set them straight. Mr Asquith. replying to criticisms as to his intentions made it dear that unless the decision of the House of Lords on the veto resolution was satisfactory the Government did not intend to' waste tho time of the House in discussing a bill to give orlect to them.