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THE NEW TAXATION.

EFFECT ON THE BUILDING TRADE. THE SPIRIT DUTIES. ' NARROW GOVERNMENT MAJORITIES. THE HOUSING BILL IN THE LORDS. (Received September 25, 8.55- a.m.) LONDON, Friday. Members of 3Q South London building firms state thati-since the introduction of the Budget <s~- men have been thrown idle in their district. In the House of Commons, during an all-night sitting on the spirit duties, the Government's majority fell to 13, owing to the Irish Nationalists joining the Opposition. Sir Wm. Bull emphasised the . _ fact, that whereas Mr Lloyd-George estimated the decline in the consumption at 15 per cent, the withdrawals from bond from May to August declined 55^ per cerit., ot, inoludingi the % anticipatory clearances in April, 29 per cent. Thus, instead of a gain of £1,600,000, Mr Lloyd-George would experience a loss of £1,700,000. .. ■ . Mr Lloyd-George admitted that he had .under-estimated the immediate effect of the duties in reducing consumption, but stiE he anticipated a substantial increase in revenue for the whole year. The Houses and Town Planning Bill was passed through Committee in tho House of Lords. Lord Crewe, Secretary of State for the Colonies, feared that the ■ amendments would destroy the value of the measure.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19090925.2.34

Bibliographic details

Nelson Evening Mail, Volume XLIII, Issue XLIII, 25 September 1909, Page 3

Word Count
197

THE NEW TAXATION. Nelson Evening Mail, Volume XLIII, Issue XLIII, 25 September 1909, Page 3

THE NEW TAXATION. Nelson Evening Mail, Volume XLIII, Issue XLIII, 25 September 1909, Page 3

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