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THE IMPERIAL BUDGET

THE SUGAR AND COAL DUTIES

DUTY ON SPIRITS RENEWED

STATEMENTS BY THE CHANCELLOR OP THE EXCHEQUER.

United Press Association — By Electrio Telegraph — Copyright. (Received May 1, 9.14 ».m.) LONDON, April 30Sir Michael Hicks-Beach, in reply to Mr E. P. Flower, in, the House of Commons, stated that a rebate on colonial sugar was impracticable, inasmuch as it was impossible to estimate the quantity of sugar net really colonial imported from the colonies. The Committee of Ways and Means has renewed the duty on spirits. The Loans Bill was carried by 213 votes to 1267 The House of Commons, by 251" votes to 148, adopted the report of the committee which agreed to the sugar duties, and also adopted the report of the committee agreeing to the increase in the income tax. . . Sir Michael Hicks-Beach declared that the issue of the whoie war loan was most advantageous. It 'has not disturbed the market, but tended to improve securities. Sir Michael Hicks-Beach, replying to a deputation of miners, said that the duty on exported coal would fall on the foreign purchaser. That, export had doubled in thirteen years, despite the (higher freight* and the imposition of import duties abroad.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19010501.2.17

Bibliographic details

Star (Christchurch), Issue 7087, 1 May 1901, Page 2

Word Count
200

THE IMPERIAL BUDGET Star (Christchurch), Issue 7087, 1 May 1901, Page 2

THE IMPERIAL BUDGET Star (Christchurch), Issue 7087, 1 May 1901, Page 2