BRITAIN’S BUDGET
DEBATE IN COMMONS.
(by CABLE —PBESS ASSN. —COPYBIGHT.]
LONDON, April 19.
In the House of Commons, Sir Herbert Samuel (Liberal) said the improvement in the finances since 1931 was a vindication of democracy. He said: “We do not need dictators to teach us to put our finances in order.’’ He was surprised at Mr Chamberlain’s satisfaction over the cheapness of money, which was not a sympton of national health, but of sluggish circulation. The only hope of a revival of their financial situation was the re-opening of international channels of trade, which the Government was choking by its policy of economic nationalism. The Government, should not have rejected New Zealand’s offer of free trade on a reciprocal basis, which rejection would prevent similar future offers.
Mr Leopold Amery welcomed the reduction of the motor car tax. His travels showed that the horse power tax was the greatest obstacle to the construction of high-powered cars suitable for the Dominions and Colonies.
ITALIAN INTEREST.
ROME, April 19.
Contrary to earlier reports, most of the Italian newspapers carried summarised accounts of the British Budget.
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Greymouth Evening Star, 20 April 1934, Page 7
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183BRITAIN’S BUDGET Greymouth Evening Star, 20 April 1934, Page 7
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