LIBERAL POLICY.

Dominion, Volume 2, Issue 410, 20 January 1909, Page 7

LIBERAL POLICY.

FINANCE CRITICISED. SOCIAL, REFORM v, FREE TRAPE, CONFIDENCE SHAKEN. (OX Tgl,EGlUrn—press ASSOCIATION—COPiIiI<JHT,) (Reo. January 19, 11,16 p n>.) London, January 19In a speech at Leeds, Lord Cromer, Union' ist and Freo Trader, declared that tho wttornnoos of the Chanco'llor of tho Exchequer (Mr, Uoyd-Gcorge) had rudely shaken the qonfi-. dence of tho investing classes, and money was not being invested in Butish industries, " Tho Budget," added Lord Oromer, " docs not inspire confidence when it undertakes largo liabilities without knowing how it is going to meet them. If Mr.' Lloyd-Georße follows tho advico of htu more extreme fol. lowers, tho days of tho Government will be numbered, and another very heavy blow will be inflicted on the cause of Freo Trade."

. ; 'PROPOSED NEW TAXATION. No doubt I<ord Croraer haa in mind the vorioils references of the-Chancellor. of the ExcheouerJHr. Lloyd-George) and vthe President of to; Board of Trade (Jfr, Churchill) to promised features of. next year's Budget, suoh as. high,liquor,license duties (a Budgetary way ofdefeating the House of Lords on the licens, ing question), higher hiopme tax and "death duties, and- similar imposts on .wealth, and a land ta ? , ..The."Daily,Mail" says that taxation ofland wiUjguw i» «oxt year's BwiseV and adds!— ■'■■■■. . ■ >■' ■ -' ; "'. . r'lt; is oalflulated that the land valnb of tho United KingdonV is, irom ,£3,000,1)00 010 : to «e> t MO,POO,ODO. , . A tas of Id, in the pound would yield from .£12,500,0Q0 to A Budget tax could not, of course, oe: rejected hr we lior.de." - ■ ■ ■•:-'• ;.:;..•■■ ■■:.-' - ■: .Lord■.Crpmer.j.■Unionist and. Pros Trader, takes up a position much.on.the line? of the "Spectator."' in such reforms as npn. contributory old ap w(th ■ thejy' annual Stato burden of seven py eight millions a menace ■to Free Tr.i'le finance, and an> aiil toi the l Tarift'-itesi and jocinl retprihp of this nature ehqvild; npt,M thinks, rank .before two doni of tradej,:- : : - ;. ~. ~ ■ ■•■ One of the Utost utterances of the President o( the.Board: of Trade (Mr. Churchill) too]: the: form .of an , essurMieo to capital that nejt.. session Parliament':.would deal with important questions-of finaace, he I , new hofhing the ti'Udiuif'djid mamjfacturing. clrss?s n apprehending:any. Anancial injury ; tbi'thV:'Bmqpw- and, activ? .flqw of business: enterprise, ,, '~ .: ; ....,. ■ : :