Great Britain

Stratford Evening Post, Volume XXVII, Issue 42, 19 June 1915, Page 5

Great Britain

THE IMPERIAL BUDGET. EPOCH IN FISCAL HISTORY. SURTAX FOR WAR PURPOSES. Times and Sydney Sun Service. (Received 8 a.m.) London, June IS. | The Times’ Parliamentary correspondent says that Mr McKenna’s first budget, which promises to be the ■ most terrific instrument in our fiscal history, will probably include a surtax on war profits, which will increase the income-tax to an extent such as was never dreamt of a year ago. AN UNFOUNDD RUMOUR. ALLEGED ILLEGITIMACY CASES. Utotmd Prkm Association. (Received 8.45 a.m.) London, June 18.

The Archbishop of York’s committee, which investigated the alleged increase of illegitimacy owing to the war. reports that the rumours are without foundation, though much giddiness and foolish excitability among young girls gave cause for anxiety on account of the prevailing low moral standard.

NEW WAR LOAN BILL. (Received 9.15 a.m.) London, June 18. It is anticipated that the new War Loan Bill will be introduced on Monday. THE COTTON INDUSTRY. (Received 9.50 a.m.) London, June 18. Tbe cotton operations have accepted arbitration without stoppage. The High Commissioner reports, London, June 18 (4.45 p.m.):— Two members of a Glasgow firm were sentenced to six months’ imprisonment and fined £2OOO each for trading with the enemy. >.•** i-*!n') 1 ’ tCaC» i*tT ** i\ * • ■Ju - ~ THE FINANCIAL MARKET. i Reserved 9.50 a.m ) London June J'k The Bank <4 England returns show that the Government seenhities are £51,042,000 and other securities £139,489,000. New Zealand four per cents are at 95E