BRITISH POLITICS.

Rangitikei Advocate and Manawatu Argus, Volume XXXVI, Issue 10406, 20 July 1912, Page 5

BRITISH POLITICS.

United Press Association— By Electric Telegraph —Copyright. Received July [2O, 10 a m. London, July 19. The Supplementary Estimates accelerate the eight light armoured cruisers also submarines, but no additional vessels will be laid down. The Finance Bill was read a second time by 269 6o 221. Mr Lloyd George defended the policy Sn a speech devoted to refutation of the suggestion thafi_ consols and other gilt-edged securities had depreciated owing to Radical finance, Mr Bonar Law attributed the disquiet in the city to speeches advising people to take from the rich in order to give£ta §the poor. Mr Mastermcn, iaterviowed, hinted the possibility of applying the “medical benefits only to areas wherein a sufficient number of doctors were enrolled, tha money Jn other areas to be returned to the insured. Received July 20, II a. in, London, uJSy 19 Several newspapers jfasteu oh Mr Lloyd George’s expression yesterday that one reason f c the .depreciation of British securities is a conspiracy to run them down, this operating for years on platforms ami in the press, sad when there, existed ;ao organised attempt So decry sod disparage securities the result must affect the market. The Times ridicules the notion, and aods that Mr Lloyd George is the first Chancellor who hss never shown a disposition to consuls financial msa in the city and elsewhere who understand the broad aspects of finance. He adopted aa at Rude ofjj antagonism and * disdained cooperation. trusting to headstrong ignorance.