“THE BUDGET OF A PROFLIGATE BANKRUPT.”
By Telegraph.——Pr«ss Assn.—Copyright.—Aus. and N.Z. Cable Assn. (Received April 28, 2 p.m.)
LONDON, April 27
In the House of Commons. Mr Snowden (Labour), during ■ ' » I the Budget debate, said that the betting tax was imposed in the face of expert opinion that collusion between backer and bookmaker was very easy and both were interested in evasion. Mr Churchill was at the end of his resources when he degraded the revenue by a tax on one of the greatest of present evils. Last year it was a rich man’s Budget. He could now say that it was the Budget of a profligate bankrupt. Sir John Simon (Liberal) wished it clearly understood that any future Ministry could sweep away the whole protective system recently created. Mr Harmsworth (Conservative) congratulated Mr Churchill on his preferential proposals, and hoped that a future Budget would include some steps in the direction of a real trading agreement between the different Dominions and the Mother Country.
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Bibliographic details
Star (Christchurch), Issue 17832, 28 April 1926, Page 5
Word Count
165“THE BUDGET OF A PROFLIGATE BANKRUPT.” Star (Christchurch), Issue 17832, 28 April 1926, Page 5
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