FEDERAL PARLIAMENT.

Timaru Herald, Volume XIIIC, Issue 13708, 24 September 1908, Page 5

FEDERAL PARLIAMENT.

SCARCITY OF MONEY. LABOUR PARTY ALARMED. Press Association-By Tetegraph-CopjTigUi MELBOURNE, Sept. 25. Tho Housd adopted tbs in-repjy,; The Government. -.wwe ~rpre#««sd • by Mr ; Irvine and Mr Watson to give. «omo indication u-s ic» how they iut<*ud«i to fiumice the various commitnunitaundertaken. 3bey - said'tba* tile prweut outlook m regard U> the financo, was.serious. Then? was little prospect of obtaining more ews* tonis revenue in the next two and a half years than what they were a*. present obtaining. Mr Ik-akin. promised that il>«* Treasurer would make it f>tau-men? before thv Iron jWnis 'Bill was -gout*.on with. Mr lleafcin moved later that the Iron Bunnn Bill be taktn up at the f>hsge wl»er« it was dropped I;sm %««»ion, but unexpected oppnutiim came from tlie Lal»our side.. Mr WaNon expressed alarm, in view of the tjiate of th& tinauce*,' at incurring expenditure amounting to a million over theprop<**al. Jfc preferred, with a great many otbens, that -the money tihould be providrd by the imposition of a 12A pee • eiii. duty agaiowt fowignets and 10-per-cent. against- Knghijd. . Other J.abour jm-mWis favoured a duty instead of u bonutv. Tha matter was postponed. BRITISH FUIKTS VISIT. Received 9.50 p.m.. Sept, 2,Vd. MELBOURNE. Sept. 25. In the House, Mr Deakin, in reply, to a question, said that no .formal invitation had been «nt to the llritttb fleet. to vi.it Australia, but for a long time Miceensive (iovemnients had conveyed to Uie Admiralty the general desire of the people for Mich a visit, and the cordial welcome the ile«-t would revive. H«t.thought it unlikely that Admiral Scott's fujuadron would be diverted here from South Africa. Tin: CAPITAL KITE. Received 12.42 p.m.. Sept. 2-1 <h. MELBOURNE. 23. The is now the r<-?<»!u lion* relating a m'c for the Fed«fal capital.