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Raising Taxes.

IMPERIAL POLITICS. DEBATE ON THE BUDGET. [Bv Eleotbio Telegraph—Copyright] [United Pre«b Association.] *’ London, May 6. j In the House of Commons, Mr Chamberlain welcomed the grants in aid of local taxation. He said the Budget j marked the abandonment of the Liberal doctrine of retrenchment and i economy. The Treasury no longei checked expenditure, but was most extravagant in all departments. Taxes had been raised to a'war figure at a time of unexplained prosperity. What j would be done in lean years ? I Mr E. S. Montague, Secretary to the Treasury, said the growth of national wealth was greater than the growth of taxation, and the country could well afford the new Budget . IMMUNITY OF PRIVATE PROPERTY.

Loudon, May 7. Mr Morrjell moved that it is desirable that the Government should negotiate with the leading maritime powers to secure the immunity of private property, except ships violating a blockade. Mr Gordon Harvey seconded. Sir Edward Grey said the Government was unable to accept any motion which wmuld commit them to the abolition of the right of blockade, but if it had evidence that the granting of immunity of private property was likely to lead to a reduction of expenditure on armaments, it was prepared to agree to a modification of the rights of capture. Foreign governments, however, had given no such indication, and it was essential that Great Britain should not produce a state of things wherein the balance of risk would be enormously in favor of the Continental countries against Britain. The motion was talked out.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/STEP19140508.2.16

Bibliographic details

Stratford Evening Post, Volume XXXIX, Issue 15, 8 May 1914, Page 5

Word Count
259

Raising Taxes. Stratford Evening Post, Volume XXXIX, Issue 15, 8 May 1914, Page 5

Raising Taxes. Stratford Evening Post, Volume XXXIX, Issue 15, 8 May 1914, Page 5

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