BRITISH POLITICS.

Mataura Ensign, 23 April 1913, Page 5

BRITISH POLITICS.

THE BUDGET, NEW TAXES UNNECESSARY. BY ELECTRIC TELEGRAPH. COPYRIGHT. PKK DNITSD P&EB8 ASSOCIATION. Received April 23, 11.35 a.m. LONDON, April 22. The House of Commons was crowded for the Budget debate. Hon. D. Lloyd George (Chancellor of! the Exchequer) in the course of hisj speech said that during the year every; domicile of industry had been doing ajhumming business despite the harvest, I war and strikes. In consequence of the increase in the Navy Estimates and the I Insurance Act he wanted an extra', £7,500,000, but new taxes were un-, ( necessary. He was basing his forecast! on the assumption that tho nrcspeets j; for the coming year were the most j • glowing that British trade had ever :' seen. He expected that the yields from : j taxes, Customs and excise duties, with '■ a. million from the Exchequer balances, '• would give a balance of £185,000 for , ] the new Budget. The revenue was' 1 £195,825,01)0 and the expenditure 1 £195,640.000. i i COLONIAL LOANS' PREFERENCE,': Received April 23. a.m. 'i LONDON, April 22. i In the House of Commons Mr .J. N-..r- f ton Griffiths (Unionist me iiber "or Wednesbury) asked wheti'er r'v : ':Te:i. ,• might be granlod to colonial loans I v immsing a small tax on foreign loan;-. 1 .: lon. D. Lloyd George 'Ohamelior v> J th' Exchequer) 'replied that coloni:.! lo: ;s already had preferon--* ovi r ' fo ign in the shape if ;\ur.p dc.'.y, Fi.. ther difi'erenthvuon was inndvi ! i ULSTER AND HOME RULE. ,] Received April 23. 8 am. !< LONDON, April 22. Sir Edward Carson (the' anti-Home i. Rule lender) in a letter to tho news-i j papers states that he does not believe!. that a compromise oil the Homo Rule t J question is possible. He would never j j be a party to negotiations to hand over | the Irish Unionists to an Irish Parlia-j ment. The Ulstermen were fighting j with all the Unionists in Ireland. ;i A MEMBER RESIGNING. 'i j Received April 23. ft.45 a.m. i 1 "LONDON. April 22._ !- Mr Valentine Fleming (Unionist ' M.P. for South Ovfordshire suico 1910) ] intends to resign. •' A BY-ELECTiCN, < i Received April 23, 1.5 p.m. j LONDON. April 22. The by-election For Shrewsbury ren-1 dered necessary by the sudden death of ' Sir Clement Lloyd Hill (Unionist) re-v suited as follows: — Mr Lloyd (Unionist) ... 2412 I. Mr Morris (Independent) 1727 j, At the 1910 election the voting was: Sir C. L. Hill (U.). 2123; Mr T. Pace i (L. and Lab.), 1855.