THE CREDIT PASSED.

Colonist, Volume LVII, Issue 13826, 22 July 1915, Page 5

THE CREDIT PASSED.

CHECKS UPON WASTEFUL

EXPENDITURE

WAR TAXATION.

GREAT INCREASES FORE-

SHADOWED

(Received July 2^, 10.15 p.m.) London, July 21. The House of Commons passed the credit vote. ' Mr. Asquith laid stress on the Government's efforts against wasteful expenditure. Dr. Macuamara and Mr. H. W. Forster, at Mr. Asquith's request, detailed the methods of the War Office and the Admiralty, whiqh were carefully watching the expenditure. In the House of Lords, Lord Mont-, agiij in a speech predicting taxation, said the' war taxation for 1914-15 totalled eighteen millions. It was estimated that the war taxation for 1915-16 would be sixty-eight millions, and for 1916-17 seventy-two" millions. Lord Mcath suggested that everyone receiving over a certain salary should bo compelled to accept 'a portion of the War Loan. Lord Crewe said the war would be vain if the eighty millions defence expenditure were perpetual.. Only the nicsfc sanguine expected an immediate reduction, but he hoped the new spirit of Europe would" lead to a progressive reduction of the armies of the Powers. He urged personal economy in dutiable articles, such as • fruits,-sugar, tea,, wine, tobacco, luxuries, silks, motor cars and petrol. It was impossible to fix rules for economy, and the spirit of the country could not be properly sustained without some forms of relaxation and amusement. The Government did not suggest the closing of cinemas and theatres. \ *.'■',•,■'"'

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