BRITISH BUDGET
A NORTHCLIFFE ATTACK MR CHAMBERLAIN HAS CABINET’S SUPPORT. By Telegraph—Press Assn. —Copyright Australian and N.Z. Cable Association. LONDON, July 4? A concerted campaign of the Northdiffe newspapers and business organisations to secure the resignation of Mr Austen Chamberlain, Chancellor of the Exchequer, on the ground that the Budget taxation proposals, especially the increase in the excess profits duty, will cripple the revival of industry, culminated on the eve of the resumjjtion of the House of Commons debate an the Finance Bill. A definite announcement wag wade in several newspapers that Mr Chamberlain had resigned, and that Sir Worthington Evans is succeeding him. Mr Chamberlain has authorised a denial of the announcement.
The “Central News” authority states that the Cabinet is supporting Mr Chamberlain’s uncompromising attitude on the Budget taxation proposals, and there will bo no imjiortant concessions, 'if' the House of Commons rejects the proposals of tho Finance Bill, the political consequences will bo far more serious than the removal of Mr Chamberlain; the Cabinet will stand or fail by him. »
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Bibliographic details
New Zealand Times, Volume XLVI, Issue 10634, 6 July 1920, Page 6
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173BRITISH BUDGET New Zealand Times, Volume XLVI, Issue 10634, 6 July 1920, Page 6
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