THE FINANCE RESOLUTIONS.

Wanganui Chronicle, Issue 12856, 9 November 1912, Page 5

THE FINANCE RESOLUTIONS.

Received 10.40 p.m., Nov. 8

LONDON, Nov. 8

The House of Commons has begun ths discussion of liish- nuance^ which will occupy seven sittings. Mr Herbert Samuel, moving the resolutions said that the Irish deficit must be taken as a dominant factor. It was icnoo'iifiistent with the essence of Hon-e Jiule that the deficit should rest lor j!1 time on the British taxpayer. The burden could not be immediately xhro/n on Ireland, therefor© it was necessary that nominal increments of tho -revenue should go to the Imperial PxciiCtiuei until accounts balanced. The Bill -''d not give fiscal autonomy, and in no federation did the province involve a central exchequer. The annual loss, therefore, in Ireland was different to all Federal precedents. Mr Aiisten Chamberlain said the Government proposal broke every federal precedent. Because Ireland had a deficit, it was to be granted greater powers than the local 'legislature of any federation. The financial scheme did not heal old feuds, but opened new ones.

Mr William O'Brien said the propsal stripped the Irish Parliament of control of five-sixths of its own taxation.

Mr Lloyd George said that England was giving nothing that was not already given. Ireland was dishonest to a»ssert that lit was finding two millions to finance Home Rule.

Mr Bon-ar Law contrasted New South Wales sacrificing Free Trade to secure union with England—sacrificing it oiot for union, but for disintegration. The resolution was carried by 320 to 181 by the aid of the omiilot'.-ne.