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The English Budget.

Regarhug the Budget speech just delivered with ;ls enormous deficit of fifteen millions, a London coutemp U'arv wrote some weeks aco : —The Budget will, it is expected, do much to chill tiie military ardour of the countiy. The Chancellor of the Exchequer •oil!, according to all aecouuts, have the heaviest expenditure to meet that has been required since the days of the Crimean War, \\ hat the figure of the estimated expenditure t iSSyoii win be is not yet known : but it wn i be close upon, if it does not exceed, ninety silicons. There must therefore, be a sharp addation u the taxation of the year, Mr Si iad stone has alwats preached the doctrine that each tear should Lear its own expenses. He will hatdly he able to carry out this doctrine in the present instance ; but still a ■ atge proportion of the expciiditiue of the -■•:n must he met by increased taxation. A i 'ctnv and probiMy twopence, will go on to •toe ;;v, me lax and Mr Childers is casting ■ c ■■ ;u m om on which article ot luxury he .nipcoe taxation. He will avoid tea, wc;i ci i, r.jiv a necessity, and will probably

' ■■■-- aitentii.n to beer, wine, cigars, and p ■ y 'm-pb3. A part rf the money will pK'to.ulv ic. ci • bv uspendiug the paving c ■( till. National Del 1.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAIST18850511.2.20

Bibliographic details

Wairarapa Standard, Volume XVIII, Issue 1680, 11 May 1885, Page 3

Word Count
228

The English Budget. Wairarapa Standard, Volume XVIII, Issue 1680, 11 May 1885, Page 3

The English Budget. Wairarapa Standard, Volume XVIII, Issue 1680, 11 May 1885, Page 3