THE BUDGET LEAKAGE

Wairarapa Daily Times, 8 June 1936, Page 5

THE BUDGET LEAKAGE

MR THOMAS AND SIR A BUTT RESIGNATIONS SUGGESTED. Press Association Electric Telearanb—Copyright LONDON, Saturday. The “Morning Post’s” political correspondent says that informal representations are being made to Mr J. 11. Thomas and Sir Alfred Butt that the inevitable embarrassment facing tlie House of Commons in discussing the Budget tribunal’s report on 11th June would be relieved by their resignations. Negotiations are now proceeding between the Government and Opposition parties with the object of. finding a resolution which would unanimously be adopted. The resignation of Mr Thomas and Sir Alfred Butt, it is,, pointed out, would not prevent cither seeking reelection at the consequent by-elections. LLOYD’S IMPOSE BAN. LONDON, Saturday. Lloyd’s committee has decided to ban gambling on Budget insurance and the practice of taking out any such contingency risk insurances under the cloak of nominees. The underwriters have decided to accept Mr Alfred Bates’ £10,750 refund. They also discussed whether to endeavour to obtain repayment from others who were paid Budget insurance, as no offers of refund have yet been received. A further meeting concerning the matter will be held next week. »