BUDGET DEBATE
IMPROVEMENT IN FINANCES VINDICATION OF DEMOCRACY (United Press Association—By Electric Telegraph-Copy right) LONDON, 18th April. Continuing the Budget debate in the House of Commons Sir Herbert Samuel (Lib.), said the improvement in the finances since 1931- was a vindication of democracy. We did not need a dictator to teach us to put finances in'order. Jle was surprised at Air Chamberlain’s satisfaction over this cheapness of money, which was not a symptom of national health but of sluggish circulation. The only hone of a. revival of the financial situation was the re-open-ing of international channels of trade which the Government was choking by a policy of cononlie nationalism The Government should not have rejected New Zealand's offer of free trade, on a reciprocal basis, which would prevent similar future oilers. '.the lit. Hon. L. C. Amcry (C.) welcomed the reduction in the motor car tax. llis travels showed that the horsepower tax was the greatest obstacle to the construction of high-powered cars suitable for the dominions and colonies. SUMMARY IN ITALIAN PRESS (Received 20th April noon.) ROME, 19th April. Contrary to earlier reports most Italian newspapers carried summarised accounts of the British budget.
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Nelson Evening Mail, Volume LXVI, 20 April 1934, Page 5
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194BUDGET DEBATE Nelson Evening Mail, Volume LXVI, 20 April 1934, Page 5
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