LORDS AND MONEY.

Dominion, Volume 3, Issue 787, 9 April 1910, Page 5

LORDS AND MONEY.

HANDS OFF! COMMONS* FIAT TO THE PEERS. RESOLUTION CARRIED. Bj TeleEraph-Presa Association-Do jiyrißhl (Rec. April 8, 10 p.m.) , London, April 8. In Committee of tie House of CoanmoM the first veto resolution (depriving the House of Lords of power to amend to reject a money Bill) was carried amid an excited uproar, the voting being :•''.■ For the resolution 339 Against the resolution 23V Government majority 102 Mr. G. Cave, Unionist member for Kingston, moved an amendment in favour of • a joint session of the two Houses in the event of differences between them relating to Money Bills.;; The Chancellor of the Exchequer, Mr. Lloyd-George, declared that the amendment was impossible, with the present disparity of ■ parties. in the House of' Lords. It was true that the two Australian Houses sat together in tie event of differences over financial matters, but they wore elected by the same constituents. It was unfair to say that his half-penny land tax was confiscatory. A similar' tax in. New Zealand and New South Wales had the effect of taxing land out of oxistence, not because it transferred the land bodily to the State, but. because ft., was no longer worth the owners' while to hold up the land except for the purpose of using it. V .' UNPAID INCOME TAX. INTEREST ON. LOSS IS £800,000. WHO IS TO BLAME?. (Rec. April 8,, 10.45 p.m.) London, April 8. In ; the.House of Lords,. Lord Avebury, banker and scientist, declared that the action of the Government in not passing a resolution authorising the collection of the income tax had resulted in a loss of twenty millions in the revenue for the year ended March 31. The interest i on this loss was £800,000, and an alarming fall in the national securities' was the consequence. Lord Crewe, Secretary for the Colonies, replied that the Government were responsible for the management of the taxpayers' money, and were also the guardians of the Constitution. A conflict had arisen between the two functions. . [Last year the House of Lords refused to pass the Budget," including the income, tax. The Government contend that they would bo sacrificing the- constitutional position if they split up the Budgefc'for submission in parts'.].; SHOULD THE MINISTRY BREAK ..,- •■'.■ ■'■ ■ UP?-/. London, April 7. The' "Morning Leader" (Liberal), referring to a lobby rumour that the Government does not intend to save a-dead-lock between the two Houses by an appeal, to the Throne, states that, it would be better for the Government to break' up and reformed than for "tbeaSbuM try ;to be driven into another aimless dissolution. ..'.'■ ■ v.

[Mr. Haldane and Sin Edward- Grey "have been named as tho leading obstacles in the Cabinet against a Radical policy. They arc believed to support reforming the Lords rather than drastically . clipping their powers.] ,