BRITISH BUDGET DEBATE.
LLOYD GEORGES' FORECAST.
By Telegraph.—Press Associaliort.— Cor-yrlj;-Ji I Received this day 11.35 a.m. London, Tuesday. The House of Commons was crowded for the debate on the Budget. Mr Lloyd George, in the course of hie speech, said that during the year every domicile of industry had been doing a humming business despite the bad harvest, the war, and the strikes. In consequence of the increase in the expenditure on the navy, also tho Insurance Act, he wanted an extra 7J millions, but stated that new taxes were unnecessary. He was basing his forecast on the assumption that the prospects for the coming year were the most glowing that British trade had ever seen. He expected that yields from taxes, customs, excise duties, together with one million from the exchequer, balance would give a balance of £185,000. The revenue was £195,825,000, and the expenditure £194,604,1)00.
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King Country Chronicle, Volume VII, Issue 561, 23 April 1913, Page 5
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147BRITISH BUDGET DEBATE. King Country Chronicle, Volume VII, Issue 561, 23 April 1913, Page 5
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