BRITAIN'S BUDGET.

Dominion, Volume 2, Issue 500, 6 May 1909, Page 5

BRITAIN'S BUDGET.

SUPER-TAX. JOINT STOCK CONCERNS EXEMPTED. IRELAND'S BURDEN. • {m tkleoiupii—ruEsa AssocnTiON—norvnioiiT,) ■ ■ •. • London, May 4. Mr. Lloyd-George, Chancellor qf tho Exchequer, replying in the House of Commons to a quEstion by Mr. Kettle, ; Nationalist member for East Tyrone, said tlio Treasury estimated that. Ireland would pay £640,000 out of the total of £14,200,000 of now taxation. .;■ - v Intorriewed by a representative of the "Daily Telegraph, , 'Mr. Lloyd-George said the proposed super-tax on income? would not apply to joint stock companies It relates only to individuals. . •'. , DEBATE IN THE COMMONS. THE CHANCELLOR IN REPLY. ; (Reo. May 6, 11.45 p.m.) \ - London, May 5, In the House of Commons Mr. Asquith, Prime Minister, announced that a Customs duty irould bo imposed on foreign beer. The general debate on the Budget wijl close to-night,, The leading proposals have been vigorously discussed: The Government Jβ accused of utilising the Budget to carry Booialistio -measuies it othorwise> would be unable to secure. In reply, the Chancellor of tho Exchequer, ; Mri Lloyd-George, pointed 'to esomplee. abroad and in some colonies' of high license duties and of taxation of land.'values. Ho remarked that tho needs of the Navy in 1910 must be met first.. Enough woujd'then bo left to relievo the local ratepoyer. Hβ claimed that he had striven to distribute taxation justly .'and fairly. He declared that the naval expenditure would bo very much higher in 19J0 than in, 1909. He also foreshadowed. o change in the tax on licenses, basing'if on the quantity of liquor sold instead of on; the. amount of reut,