THE CONCESSION.

Taranaki Herald, Volume LV, Issue 14016, 22 September 1909, Page 2

THE CONCESSION.

(Received Sept. 22, 8.5 a.m.) LONDON, Sept. 21. In the House pt Commons,' during the discussion on the income tax clauses, Mr. Balfour. leader of the Opposition, recognised that Mr. Lloyd George, Chancellor of the Exchequer, was animated with a desire tto remedy an injustice. He noted Mr. George's admission that the landowners had been overtaxed for many years. Some Ministerialists expect the concession to favourably influence the fortunes of the Budget. Unionists regard it as an act ot justice long overdue, and say the concession was largely traceable to Lord v)nslow's representations through the Central Land Association, which proved that many owners were epending a third ot their gross income upon property. Answering a deputation, Mr. LloydGeorge admitted that the completed adjustment of landlords' grievances cost throe million annually. I